IQM Quantum Computers Becomes First European Quantum Computing Company Listed on a Major U.S. Exchange
IQM said its shares started trading under the ticker IQMX, backed by a EUR 337 million cash position and plans to expand commercial quantum computing.
- On Thursday, IQM Quantum Computers began trading on the Nasdaq Global Select Market under ticker symbol IQMX, marking the first European quantum computing company to list on a major U.S. exchange following its merger with Real Asset Acquisition Corp.
- Founded in 2018, IQM operates across Finland, Germany, and North America with over 400 employees, having sold 23 quantum computers worldwide with 18 already delivered to customers.
- The listing values IQM at about $1.9 billion with a pro forma cash position of EUR 337 million. CEO Jan Goetz said, "Quantum computing is reaching an inflection point."
- IQM expands to the Helsinki Stock Exchange on Friday, becoming only the second Finnish company after Nokia with a dual listing. Its valuation remains below U.S. rivals IonQ and Rigetti Computing.
- Existing shareholders retain about 81% of the company, with Finnish state investment company Tesi as the largest shareholder alongside pension funds Varma and Elo.
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Juha Vartiainen, one of IQM's founders and the company's Director of International Affairs, believes it is important that the company also lists in Finland.
IQM Quantum Computers made history this Thursday (2) as the first European quantum computing company to be listed in an important stock exchange in the United States. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Finnish quantum firm IQM begins trading on Nasdaq
Finnish quantum computing company IQM has started trading on the Nasdaq Global Select Market, becoming the first European quantum computing company to list on a major US stock exchange as it seeks funding to expand its technology and global operations. Trading in IQM's American Depositary Shares began on Thursday under the ticker symbol IQMX following the completion of the company's merger with the special purpose acquisition company Real Asset …
Hastings Tribune
IQM Quantum Computers Becomes First European Quantum Computing Company Listed on a Major U.S. Exchange
PRINCETON, N.J. & ESPOO, Finland--(BUSINESS WIRE)--Jul 2, 2026-
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