Announced details
In July 2025, the companies entered into an agreement appointing TOYO Corporation as the domestic sales distributor for quantum computers. In April 2026, they entered into a sales agreement, under which TOYO Corporation ordered the product.
A company headquartered in Espoo, Finland, engaged in superconducting quantum computers. Established in 2018, it has more than 350 employees. The company provides quantum systems and cloud platforms to research institutions, universities, high-performance computing centers, and national laboratories, and operates in Europe, Asia, and North America. It has announced plans to list on a major U.S. stock exchange through a merger with Real Asset Acquisition Corp. (Nasdaq: RAAQ).
Chuo-ku, Tokyo (TOYO Corporation headquarters)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
Cabinet Office, “Quantum Future Society Vision” (22 April 2022)
| Item | Details |
|---|---|
| Names of Products / Services Covered | IQM Radiance20, IQM Radiance |
| Counterparty | IQM Quantum Computers |
| Counterparty overview | A company headquartered in Espoo, Finland, engaged in superconducting quantum computers. Established in 2018, it has more than 350 employees. The company provides quantum systems and cloud platforms to research institutions, universities, high-performance computing centers, and national laboratories, and operates in Europe, Asia, and North America. It has announced plans to list on a major U.S. stock exchange through a merger with Real Asset Acquisition Corp. (Nasdaq: RAAQ). |
| Relationship with the Company | In July 2025, the companies entered into an agreement appointing TOYO Corporation as the domestic sales distributor for quantum computers. In April 2026, they entered into a sales agreement, under which TOYO Corporation ordered the product. |
| Contract Date | April 2026 (sales agreement) |
| Launch date | Delivery scheduled by the end of 2026 |
| Applicable area | Materials development, Autonomous driving development, Defense, Drug Discovery, Environmental engineering, Research into integration with HPC, Algorithm development, Human Capital Development |
| Location | Chuo-ku, Tokyo (TOYO Corporation headquarters) |
| Location scale | Base dimensions: 126 x 453 cm; minimum ceiling height: 290 cm; minimum floor load capacity: 1,000 kg/m²; average total power consumption: 24 kW |
| Source | Cabinet Office, “Quantum Future Society Vision” (22 April 2022) |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To meet customer needs, including pre-deployment demonstrations of quantum computers, research into integration with HPC, pay-as-you-go cloud use, algorithm development using a physical system, and personnel training.