IQM Quantum Computers has deployed its fourth quantum system in Finland.

Dubbed Aalto Q20, the 20-qubit quantum computer is operated by Aalto University, located in Espoo, a city to the west of the Finnish capital, Helsinki.

IQM was spun out of Aalto University and VTT Technical Research Center of Finland by the company’s co-founders in 2018.

In a statement, the company said that despite Finland emerging as a quantum hub, the country is facing a shortage of 3,000 skilled workers to maintain its position. As a result, the university said it will use the system to help educate future quantum engineers.

The Aalto Q20 quantum computer will also be integrated with the world’s fifth most powerful supercomputer, LUMI, housed at the CSC – IT Center for Science’s data center in Kajaani, Finland. This will help make the system available to a broader community of users across the European Union, the university said

“When institutions like Aalto University own their quantum computers, it means their data, their IP, and their expertise stay theirs. That’s not a feature — that’s a strategic posture to enable world-class research and education. Aalto Q20 is Finland’s fourth proof point that IQM´s strategy to empower customers is a winning strategy,” said Jan Goetz, CEO and co-founder of IQM.

Professor Tapio Ala-Nissilä of the Department of Applied Physics at Aalto University added: “As Finland’s fourth quantum computer, the Q20 is a show of strength for the Finnish quantum ecosystem of universities, companies, and research organizations. Q20 allows Aalto to have its own computer for researchers to easily access, and students in the quantum technology major will get to use it as part of their studies, which is rare even on a global scale.”

Espoo-based IQM brings full-stack quantum computers and applications to HPCs, research institutes, universities, and business enterprises. The company operates quantum data centers in Finland and Germany, offering cloud-based access to its systems. It has delivered quantum systems to supercomputing centers in South Korea, Poland, Italy, and Taiwan. The company says it has sold more than 20 systems to 13 customers to date.

In February 2026, IQM announced plans to go public via a Special Purpose Acquisition Company (SPAC) merger with Nasdaq-listed Real Asset Acquisition Corp. (RAAQ). The transaction provides IQM with a pre-money valuation of $1.8 billion, while the listing will see it become the first publicly traded European quantum company.

DCD spoke to IQM for the upcoming issue of the DCD>Magazine. You can register to read it for free here.