Business Wire

IQM Launches Halocene, a New Quantum Computer Product Line for Error Correction

Share

IQM Halocene is a new quantum computer product line aimed at error correction development. It will start with a150-qubit system to be delivered by the end of 2026 and extend all the way to 1,000-qubits. The new product line is based on an open and modular error correction stack, which will allow end-users to experiment and run different quantum error correction features. IQM’s goal is to enable users from supercomputing centers, research organizations, and universities to innovate on quantum error correction research with an open platform. IQM has sold more on-premises quantum systems globally than any other manufacturer, and the company expects the new Halocene product line to accelerate its revenue growth further

IQM Quantum Computers, a global leader in superconducting quantum computers, today announced the launch of its new product line called IQM Halocene. The new product line is based on open and modular on-premises quantum computers designed for quantum error correction research, a leap towards the next generation of quantum computers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113614564/en/

The first release of IQM Halocene will be a 150-qubit quantum computer with advanced error correction functionality. The system will enable users to advance their error correction capabilities, error correction research and to create intellectual property with logical qubits. In addition, the Halocene product line will allow execution of Noisy Intermediate Scale (NISQ) algorithms and the development of error mitigation techniques.

“Halocene is the result of co-developing our technology stack with our partners and customers as we build a thriving quantum ecosystem together,” said Jan Goetz, Co-CEO of IQM Quantum Computers. “With this launch, we are shaping the next frontier in error-corrected quantum computing, transforming research into technologies that will drive industrial innovation and economic growth. Our goal is to give our users the best-in-class performance and system-level control to solve complex problems.”

The 150-qubit system will become commercially available by the end of 2026. In the future, IQM Halocene will have product releases that go beyond 1,000 qubits. This release schedule aligns with the company's ambitious roadmap, which outlines major milestones of quantum error-correction demonstrators and a path to achieve fault-tolerant quantum computing by 2030.

With this announcement, the company is transitioning towards building fault-tolerant systems, providing access to quantum error correction. The Halocene system builds on the existing IQM Radiance product line, which has been designed to power NISQ quantum computation. The initial 150-qubit Halocene will include an IQM Crystal quantum processing unit (QPU) targeting 99.7% physical two-qubit gate fidelity and additional error correction features.

The new error correction features will enhance the system software and hardware, enabling research on up to five logical qubits and the implementation of Clifford gates. In addition, the system contains an open and transparent quantum error correction stack, a modular decoder architecture, and support for NVIDIA NVQLink.

The new product line is expected to strengthen IQM’s position as the worldwide commercial leader in the market. “IQM Halocene is our answer to the market demand for big, error-corrected next-generation quantum computers which can empower entire quantum ecosystems. We are ready to build and ship IQM Halocene on-premises system worldwide, with the first installations starting already at the end of 2026,” said Mikko Välimäki, IQM Co-CEO leading the company’s business functions.

IQM offers joint research and development with customers -- this collaborative approach sets the company apart from competitors through its track record of delivering systems globally and fuelling commercially active quantum ecosystems around them.

About IQM Quantum Computers:

IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centers, research labs, universities, and enterprises that have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea, and the United States. For more information, visit: meetiqm.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251113614564/en/

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

REPLY: The Board of Directors Approves the Quarterly Financial Report as of 30 September 202513.11.2025 13:23:00 CET | Press release

All economic indicators have substantially improved:Consolidated turnover of €1,819.8 million (1,669.6 as at 30 September 2024)EBITDA of €335.5 million (275.5 as at 30 September 2024)EBIT of €281.0 million (224.2 as at 30 September 2024)Pre-tax profit of €268.1 million (216.0 as at 30 September 2024)Positive Net Financial Position of €423.1 million. Today, the Board of Directors of Reply [EXM, STAR: REY] approved the results as at 30 September 2025. The Group's consolidated turnover in the first nine months of the year reached €1,819.8 million, an increase of 9.0% compared to €1,669.6 million recorded on 30 September 2024. The indicators for the period are positive. Consolidated EBITDA was €335.5 million, equal to 18.4% of the consolidated revenues. As of September 2024 EBITDA was €275.5 million. EBIT, from January to September, reached €281.0 million, equal to 15.4% of the consolidated revenues. The corresponding 2024 figure was €224.2 million. Pre-tax profit, from January to Septembe

Hilton Again Named No. 1 World’s Best Workplace13.11.2025 13:16:00 CET | Press release

New Data Shows Why the Best Place to Work is Also the Best Place to Stay: Hilton Study Links Consumer Preference to Employee Happiness Newly commissioned Hilton research shows nearly 80% of U.S. consumers say that companies that take good care of their employees provide better products and services. Nearly 90% of U.S. consumers say that taking care of employees is especially important for travel and hospitality brands. Three in four U.S. consumers say they are more likely to recommend doing business with a company that is known to treat its employees well. More than 90% of team members say Hilton is a Great Place to Work where they can learn and grow. Once again named the No. 1 World’s Best Workplace by Fortune and Great Place to Work,Hilton (NYSE: HLT) today is releasing findings of a newly commissioned study linking the role of employee experience to consumer purchasing decisions and service experiences. This press release features multimedia. View the full release here: https://www.

Prime Minister Oversees Signing of 55 Pacts in Major Push for Egypt’s Offshoring Industry13.11.2025 13:08:00 CET | Press release

ITIDA signed agreements with multinational and local companies, boosting a knowledge-based economy and a future-ready workforce.Agreements create over 70,000 new offshoring jobs, strengthening Egypt’s role as a global delivery powerhouse. Under the patronage of H.E. Dr. Mostafa Madbouly, Prime Minister of Egypt, the Information Technology Industry Development Agency (ITIDA) announced the signing of 55 strategic agreements with leading multinational and local technology companies in offshoring and IT-enabled services, including Teleperformance, Accenture, Deloitte, VOIS, Luxoft, RSA, and Capgemini. The ceremony, attended by H.E. Dr. Mostafa Madbouly and Dr. Amr Talaat, Minister of Communications and Information Technology, gathered senior representatives, highlighting Egypt’s growing role as a hub for global business services supported by skilled talent, robust infrastructure, and cost competitiveness. This press release features multimedia. View the full release here: https://www.busin

RSA Announces New Solution to Enhance Security for Microsoft Entra ID13.11.2025 13:00:00 CET | Press release

RSA, the security-first identity leader, announced today that RSA® ID Plus for Microsoft, a new solution category that provides an enhanced security layer for Microsoft Entra ID, is now generally available. Now on the Microsoft Azure Marketplace, the first product, RSA ID Plus M1, includes key capabilities that defend organizations from emerging attacks and help them maintain operational continuity in both Microsoft and non-Microsoft environments. RSA ID Plus for Microsoft M1: Protects resources within and beyond the Microsoft ecosystem: RSA ID Plus provides total coverage for legacy, OT, Microsoft, and non-Microsoft environments, bringing modern MFA and passwordless to data centers, mainframes, macOS, AD-joined devices, Entra-joined PCs and servers (including older OS versions), and other web servers and critical infrastructure that Entra alone can’t reach. Ensures mission-critical resources are always available and always protected: RSA’s unique Hybrid HA architecture and offline cap

Dubai Electricity and Water Authority PJSC Announces Record Breaking Revenue of AED 25 Billion and Operating Profit of AED 8.3 billion for the First Nine Months Ending Sept 202513.11.2025 11:19:00 CET | Press release

Dubai Electricity and Water Authority PJSC: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251112162153/en/ HE Saeed Mohammed Al Tayer, MD & CEO of DEWA (Photo: AETOSWire) Record nine months of 2025 Results AED 24.9 billion AED 13.1 billion AED 8.3 billion AED 6.8 billion +5.9% YoY +11.9% YoY +21.5% YoY +24.8% YoY 9 months of 2025 Revenue 9 months of 2025 EBITDA 9 months of 2025 Operating Profit 9 months of 2025 Profit After Tax * figures are rounded Record Q3 2025 Results AED 10.3 billion AED 6.2 billion AED 4.6 billion AED 3.9 billion +4.5% YoY +20.4% YoY +29.8% YoY +35% YoY Q3, 2025 Revenue Q3, 2025 EBITDA Q3, 2025 Operating Profit Q3, 2025 Profit After Tax * figures are rounded Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), today reported its consolidated financia

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye