IQM Quantum Computer Goes Live at Supercomputing Center CINECA in Italy, Boosting National Compute Infrastructure and Research

Key Terms

quantum computer technical

A quantum computer is a new kind of machine that uses quantum bits, which can represent many possibilities at once, to perform certain calculations much faster than ordinary computers. For investors, this matters because it could unlock powerful capabilities—like breaking current encryption, speeding drug discovery, or optimizing complex logistics—creating big opportunities for firms that commercialize or adopt the technology and risks for those whose businesses depend on existing systems.

qubit technical

A qubit is the basic unit of information used in quantum computers, like a coin that can be heads, tails or both at once until you look; this lets quantum machines process many possibilities simultaneously. For investors, qubits matter because their number, quality and stability determine how powerful a quantum computer can be, affecting which companies might gain an edge in fields such as cryptography, drug discovery, materials design or complex financial modeling.

supercomputers technical

Supercomputers are extremely powerful computers designed to process huge amounts of data and solve complex calculations much faster than ordinary machines, using many processors working in parallel. For investors, they matter because they enable breakthroughs in areas like drug discovery, weather forecasting, artificial intelligence and financial modeling — comparable to giving a research team a high-speed highway instead of a narrow country road, which can speed product development, reduce costs and create competitive advantage.

high performance computing technical

High performance computing is the use of very powerful, specialized computers working together to solve huge numerical problems or analyze massive data sets far faster than ordinary machines. Think of it as a fleet of race cars solving a giant, complex puzzle — it speeds up tasks like simulations, large-scale data modeling, and advanced AI training. For investors, it matters because companies that build or use these systems can gain competitive advantages, unlock new products or services, and face significant capital and operational costs that affect profitability.

machine learning technical

Machine learning is a set of computer programs that learn patterns from large amounts of data and improve their predictions or decisions over time, like a recipe that gets better each time it’s adjusted based on taste tests. For investors it matters because these systems can speed up analysis, spot trends or risks humans might miss, automate routine work, and potentially create competitive advantages or cost savings that affect a company’s performance.

on-premises superconducting quantum computer technical

A on-premises superconducting quantum computer is a powerful, highly specialized computing system kept at a company’s own facilities that uses superconducting circuits cooled to near absolute zero to perform certain types of calculations much faster than conventional computers. For investors, it matters because hosting such hardware in-house signals large upfront capital, ongoing cooling and security costs, and potential competitive advantages or revenue opportunities from proprietary computing capacity—similar to owning a custom-built factory rather than renting cloud services.

hybrid high-performance computing technical

Hybrid high-performance computing combines a company's own powerful on-site computers with rented cloud or remote specialist processors to run very large, fast calculations; think of it like a factory that uses its own machines but hires extra shifts or leased equipment when demand spikes. Investors care because this mix lets businesses handle heavy computing tasks—simulations, big-data analysis, or AI training—more quickly and with better cost control, which can affect capital spending, operating margins, and competitive speed to market.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

• The system will enable advanced applications in optimization, simulation, and machine learning.
• IQM Radiance quantum computer, featuring a 54-qubit processing unit. The system is being integrated into Leonardo, one of the world's fastest supercomputers.
• This is the second IQM quantum computer to be operational in Italy.

BOLOGNA, Italy--(BUSINESS WIRE)-- The Italian Research Centre on High Performance Computing, Big Data, and Quantum Computing (ICSC) today inaugurated the IQM Radiance 54 quantum computer at CINECA, one of Europe's leading supercomputing centers, enabling advanced applications in optimization, simulation, and machine learning.

The moment Italy's second IQM quantum computer went live at CINECA in Bologna.

IQM has previously announced its ongoing business combination with Real Asset Acquisition Corp (Nasdaq: RAAQ), which will result in IQM becoming a public company in mid-2026.

The installation, located at the CINECA headquarters in the DAMA Tecnopolo in Bologna, represents not just technological progress but a strategic Italian asset providing concrete tools for the scientific community and businesses to foster innovation, accelerate research, and transform knowledge into high-impact applications.

IQM Radiance, named NOX, is being integrated into Leonardo, one of the world's fastest supercomputers to support hybrid high-performance computing and quantum workflows. The objective is to provide researchers with a production-ready environment for experimentation with integrated classical–quantum computing paradigms.

“This installation is what Production Quantum means to us. Quantum computers you own, operate, and build value on. Real infrastructure inside real environments, doing real work,” said Sylwia de Weydenthal, Chief Commercial Officer of IQM Quantum Computers. “The delivery of IQM Radiance to CINECA is a milestone for Italy and for European quantum computing. It reinforces our role as a strategic partner in delivering Europe's HPC–quantum infrastructure on the ground.”

The system is the first on-premises superconducting quantum computer at CINECA and the second IQM quantum computer in Italy, further strengthening the country's position in quantum computing.

This deployment contributes directly to IQM's ambition to drive the global adoption of hybrid computing systems and enable customers to build quantum capability.

IQM has on-premises systems operating at four of the world's top ten supercomputing centers and has sold 23 quantum computers globally, more than any other manufacturer.

“In line with the European strategy, we have invested in building a modern and competitive national infrastructure, capable of providing universities and research institutions with advanced computing tools essential for tackling major scientific, technological, and economic challenges. However, this milestone does not mark the end of our commitment. Several measures have already been launched to ensure continuity of PNRR results and activities, further strengthening the infrastructure and more effectively supporting the transfer of advanced applications and solutions to industry and public administration,” said Anna Maria Bernini, Italian Minister of University and Research.

“This significantly strengthens digital sovereignty and supports national competitiveness. Especially in today’s geopolitical and energy instability, this resource is crucial to avoid falling further behind in the global race for data control and to build a viable and sustainable Italian and European alternative to U.S. technological offerings,” said Antonio Zoccoli, President of the ICSC and the National Institute for Nuclear Physics (INFN).

“With the addition of SOL and LISA, we are delivering an integrated ecosystem built around Leonardo, designed to support a broad spectrum of workloads—from advanced AI applications to traditional HPC and emerging quantum computing. This milestone is the result of a strong national commitment by Italy—through the Ministry of University and Research, CINECA and ICSC—together with EuroHPC, aligning investments and capabilities to strengthen Europe’s technological sovereignty and enable a new generation of cutting-edge assets for research and innovation,” said Francesco Ubertini, Vice-President of the ICSC and President of CINECA.

About IQM Quantum Computers

IQM Quantum Computers is a global leader in superconducting quantum computers, delivering full-stack quantum computers and cloud platform access to research institutions, universities, high-performance computing centers, national laboratories, and enterprises worldwide. IQM's on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018, headquartered in Finland with major operations in Munich, it has over 400 employees. IQM operates across Europe, Asia, and North America. IQM has previously announced its ongoing business combination with Real Asset Acquisition Corp (Nasdaq: RAAQ), which will result in IQM becoming a public company in mid-2026.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260611898215/en/

Media contact:
Email: press@iqm.tech
Mobile: +358 (0) 50 479 0845

Source: IQM Quantum Computers