IQM Quantum Computer Live at CINECA, Strengthening Italy’s Quantum Infrastructure
Event summary
- IQM’s Radiance 54 quantum computer, named NOX, inaugurated at CINECA in Bologna, Italy, on June 11, 2026.
- The system is the first on-premises superconducting quantum computer at CINECA and the second IQM quantum computer in Italy.
- IQM has sold 23 quantum computers globally, more than any other manufacturer.
- IQM is set to become a public company in mid-2026 through a business combination with Real Asset Acquisition Corp (Nasdaq: RAAQ).
- The installation is integrated into Leonardo, one of the world’s fastest supercomputers, supporting hybrid high-performance computing and quantum workflows.
The big picture
IQM’s deployment at CINECA underscores Europe’s push for quantum computing independence, aligning with broader efforts to reduce reliance on U.S. technological offerings. The integration of quantum systems into supercomputing infrastructure marks a strategic shift toward hybrid computing paradigms, positioning Italy as a key player in the quantum race. IQM’s impending public listing could further accelerate its market position, though execution risks remain.
What we're watching
- Market Adoption
- The pace at which hybrid quantum-classical computing systems gain traction in research and industry.
- Geopolitical Impact
- Whether Italy and Europe can sustain technological sovereignty amid global competition in quantum computing.
- Execution Risk
- How IQM’s transition to a public company will affect its ability to scale and deliver on its quantum computing ambitions.
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