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IQM Quantum Computers says it is investing more than €40 million to expand its production facility in Espoo, Finland. The planned expansion combines superconducting quantum-chip fabrication with assembly of complete quantum-computer systems and is designed to support production of up to 30 full-stack systems a year. IQM’s first-half 2026 report says investment was still continuing; the available company sources do not verify that construction, commissioning or the stated capacity has been completed.

What IQM announced

In a November 2025 announcement, IQM described a major expansion of its Espoo facility. The project is intended to add cleanroom space and equipment for developing, fabricating and testing quantum processing units, while also expanding assembly of complete quantum-computer systems.

That integrated scope matters: this is not presented as a chip-fabrication project alone. IQM is planning a production line that links chip work with system assembly, with the stated aim of scaling deliveries to customers.

The company said the facility covers 8,000 square metres, but the announcement does not make clear whether that figure refers to the expanded site as a whole or to a particular part of the facility. It should therefore not be treated as a definitive expansion footprint without clarification from IQM.

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How much is IQM investing?

IQM puts the investment at more than €40 million. The amount appeared in the November 2025 announcement and was reiterated in the company’s first-half 2026 financial report.

Metric What IQM reported How to interpret it
Investment More than €40 million Company-reported project investment, not an independently audited impact estimate
Location Espoo, Finland IQM’s Finnish production facility
Cleanroom change Nearly double the cleanroom space in the 2025 announcement; doubling cleanroom capacity in the 2026 report Planned capacity increase, not proof of completed commissioning
Planned output Up to 30 full-stack quantum computers per year Target capability, not demonstrated annual production

What will be built in Espoo?

Quantum-chip fabrication

The expansion includes additional cleanroom capacity and equipment for producing and testing quantum processing units. IQM links this capability to its work on larger superconducting quantum chips and future error-correction technologies.

Complete-system assembly

IQM also plans to assemble full-stack quantum computers at the site. In this context, “full-stack” refers to an integrated quantum-computing system rather than a processor supplied as a standalone component.

A combined manufacturing operation

By putting fabrication and assembly in one expanded operation, IQM says it can improve production scale, quality control and delivery stability. Pasi Kivinen, IQM’s vice president of operations, called the planned site “one of the world’s most advanced production facility for quantum computers,” describing the combination of assembly lines and chip production as a way to scale quality, quantity and stable solutions. That is IQM’s characterization, not an independent ranking.

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How many quantum computers will it make?

IQM’s stated goal is up to 30 full-stack quantum computers per year. Both the 2025 announcement and the first-half 2026 report describe this as the capability the expanded operation is intended to support.

There is no production record in the available sources showing that Espoo is currently making 30 systems annually, or that the target has been reached. “Up to” is also a maximum planned capacity, not a guaranteed output level; actual production would depend on equipment commissioning, demand, component availability, qualification and customer schedules.

Is the expansion finished?

Completion has not been independently established. IQM’s November 2025 announcement projected completion in the first quarter of 2026, but the company’s August 2026 first-half results still described investment in the expansion. Those results do not provide a verified completion or commissioning date and do not confirm that the 30-system annual capacity is operational.

There is also a date discrepancy on the announcement page: its heading is dated 14 November 2025, while the release text says “Espoo, Finland, 26th November 2025.” The safest description is therefore a November 2025 announcement, rather than silently selecting one of those dates.

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Why IQM says the project matters

IQM presents the facility as part of a broader effort to scale manufacturing, meet customer demand and advance its roadmap toward error-corrected and fault-tolerant quantum computing. Jan Goetz, IQM’s co-CEO and co-founder, said expanded fabrication for large-scale chips would support error-correction technology and strengthen the company’s position in superconducting quantum computing.

These are company goals and expectations. The announcements do not independently demonstrate that the facility will deliver fault-tolerant systems or that roadmap milestones will be achieved.

IQM’s first-half 2026 report places the Espoo expansion within wider spending on research and development, the product roadmap and business scaling. The same report records operating losses, so the project can reasonably be described as part of a capital-intensive growth strategy; the sources do not establish that the facility itself caused those losses.

What IQM says about environmental measures

IQM said it planned to install an abatement system to address direct emissions from production and move to 100% renewable district heating. The company described these steps as progress toward a carbon-neutral facility.

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The available records describe planned measures, not completed installations or verified emissions reductions. They provide no independent assessment of the project’s environmental performance.

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What is known—and not yet known

  • Established by IQM’s reports: the project is in Espoo; the announced investment exceeds €40 million; the scope includes chip fabrication and system assembly; and planned capacity is up to 30 full-stack systems per year.
  • Not established by the available sources: a confirmed completion date, commissioning status, actual annual output, independently measured economic benefits, verified emissions savings or achievement of fault-tolerant-computing milestones.
  • Source limitation: the evidence consists of IQM’s own announcement and financial reporting. It substantiates what IQM announced and later reported, rather than independently validating delivery or performance.

Why the Finnish site is strategically important

For IQM, an expanded Espoo operation could provide tighter control over a difficult manufacturing chain: superconducting-chip production, testing and system integration. If the planned equipment and cleanrooms become fully operational, that integration may help the company move from bespoke projects toward repeatable system production. The available sources, however, do not yet show whether that transition has occurred.

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