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Home PRIVATE EQUITY

Finland’s Lumi AI Factory to deploy IQM Halocene H4 quantum computer

dcdby dcd
July 8, 2026
Reading Time: 5 mins read
in PRIVATE EQUITY, SCANDINAVIA&BALTICS
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The Lumi ‘AI Factory’ in Espoo, southern Finland, has announced plans to deploy an IQM quantum computer.

Delivery of the Halocene H4 system is expected in 2027, with a series of upgrades to be delivered in multiple phases over an unspecified timeline in order to increase the number of logical qubits.



IQM Halocene

– IQM Quantum Computers

The Halocene H4 will be integrated into the Lumi AI Factory, housed at CSC – Finland’s IT Center for Science, to form a hybrid system dubbed Lumi-IQ.

The Lumi-IQ quantum computer will be jointly funded by the EuroHPC Joint Undertaking, Finland, Czechia, Norway and Poland, with IQM Quantum Computers having previously disclosed that the total value of the contract is about equal to the company’s total revenue for FY25, €31 million ($35m).

“CSC and the Lumi AI Factory are exactly the kind of partners that define what production quantum computing looks like in practice — world-class HPC infrastructure, a deep commitment to research excellence, and the ambition to lead rather than follow,” said Jan Goetz, CEO and co-founder of IQM. “Delivering IQM Halocene to CSC means Europe’s most powerful quantum computer will sit at the heart of one of the world’s leading research computing environments.”

Kimmo Koski, managing director of CSC, added: “As part of the Lumi AI Factory, Lumi-IQ will bring together world-leading AI, data, high-performance computing and quantum acceleration in one powerful hybrid environment. By connecting quantum concepts and algorithms with intelligent software tools and real-world applications, it will open new possibilities for scientific discovery and RDI, from materials and health to energy and fundamental science.”

The announcement comes a week after IQM announced it had completed its Special Purpose Acquisition Company (SPAC) merger with Real Asset Acquisition Corp. (RAAQ) and began trading on the Nasdaq. The company’s share price opened at $14.30 but at the time of writing is trading at $12.89.

Founded in Helsinki, Finland, in 2018, 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 Munich, 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 launched its Halocene product line in November 2025. At the time, the company said the products were based on an open and modular error correction stack, with the Halocene portfolio set to comprise a 150-qubit system that was commercially available in 2026, extending to a 1,000+ qubit system to be released at an unknown later date.

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Read the orginal article: https://www.datacenterdynamics.com/en/news/finlands-lumi-ai-factory-to-deploy-iqm-halocene-h4-quantum-computer/

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