IQM Quantum Computers has deployed its first quantum computer in the United States at the Department of Energy's Oak Ridge National Laboratory (ORNL). The installation of the 20-qubit IQM Radiance system, named Pathfinder, marks the first commercially procured quantum computer at the laboratory. This deployment allows ORNL researchers to develop methods and tools for a hybrid quantum-HPC ecosystem by connecting the system to high-performance computing systems in the National Center for Computational Sciences Technology Integration Group's test bed.

ORNL owns and operates the Pathfinder system directly on its campus, utilizing IQM's deployment model which grants customers direct ownership and control of their quantum infrastructure, including associated intellectual property. This on-premises approach is chosen by national laboratories and high-performance computing centers to integrate quantum capabilities directly into their existing computing environments.

Strategic Expansion and Market Presence

The deployment at ORNL expands IQM's commercial presence in the United States. The company has sold 23 full-stack quantum systems worldwide, a figure that IQM states represents more on-premises systems than any other manufacturer. This installation comes ahead of IQM's planned listing on the Nasdaq Global Select Market through its business combination with Real Asset Acquisition Corp. (NASDAQ: RAAQ), which is expected to close in mid-2026.

Operational Integration and Leadership Commentary

Jan Goetz, CEO and Co-founder of IQM, emphasized the significance of integrating quantum computing into real infrastructure. "Our first U.S. system now sits on Oak Ridge campus, connected to their HPC environment, owned and operated by their teams," said Goetz. "Quantum becomes useful when it works inside real computing infrastructure, and there is no better place to prove that. Oak Ridge is a place where serious computing is done."

Travis Humble, Director of the ORNL Quantum Science Center, highlighted the research benefits. "On-premises systems enable us to demonstrate quantum computing concepts that realize our goal of building a scalable, hybrid HPC ecosystem," Humble stated. "The presence of the IQM Radiance quantum computer on campus has already accelerated integration with our world-class HPC capabilities. Our research teams are now developing new methods and tools to demonstrate applications in materials simulations, chemistry, and artificial intelligence."

Key Deployment Details

IQM Quantum Computers has appointed Barbara Venneman, former Global Head of Deloitte Digital and current Vanguard Board Director, to its Board of Directors. The move strengthens the company's expertise in digital transformation, enterprise technology commercialization, and global business scaling as it prepares for a planned Nasdaq listing. Additionally, CEO and Co-founder Jan Goetz has replaced Co-founder Juha Vartiainen as the Founder representative on the IQM Board.

Venneman brings over three decades of experience in digital transformation, AI, and enterprise technology. She most recently served as Global Head of Deloitte Digital and held senior global leadership roles, including Global Chief Growth Officer and Global Marketing, Sales & Service Leader. Her appointment is aimed at supporting IQM's commercial expansion in the U.S. and global markets as the company advances toward fault-tolerant quantum computing.

Strategic Leadership Transition

The Board restructuring sees Vartiainen stepping down as the Founder representative, with Goetz assuming the role. Sierk Poetting, Chairman of IQM's Board of Directors, highlighted Venneman's track record in scaling global technology businesses and guiding enterprises through transformative change. He expressed confidence that her experience in enterprise technology commercialization, AI, and governance would be invaluable as IQM enters public markets.

Path to Public Listing

IQM is advancing toward a Nasdaq listing through a business combination with Real Asset Acquisition Corp. (NASDAQ: RAAQ). The company recently announced increased commitments to its Private Investment in Public Equity (PIPE), driven by upsized investor demand. The registration statement on Form F-4 relating to the business combination has been declared effective by the SEC.

Company Overview

IQM Quantum Computers is a global leader in superconducting quantum computers, delivering full-stack quantum computers and cloud platform access. Founded in 2018 and headquartered in Finland with major operations in Munich, the company has over 400 employees. IQM operates across Europe, Asia, and North America, offering on-premises deployment models that give customers direct ownership and control of their quantum infrastructure.