IQM to Deliver Its First Quantum Computer in South America to Brazil’s Eldorado Research Institute

IQM’s deal with Eldorado brings local quantum hardware and cloud access to Brazil, supporting ecosystem development across multiple industries.

• Eldorado will house an IQM Spark at their Campinas headquarters and will also access IQM's 54-qubit cloud-based system, pairing on-premises hardware with larger-scale capability via the cloud.

• This will enable innovation and growth to scale with their quantum knowledge development.

• This is the first quantum computer purchase by a private research institute in Brazil, which will enable researchers, engineers, universities, and industry partners to advance research and build capability locally.

• IQM and Eldorado aim to accelerate quantum adoption across Brazil and South America by building expertise locally and opening the system to Eldorado's network of universities, startups and industry partners.

CAMPINAS, Brazil & ESPOO, Finland--(BUSINESS WIRE)-- IQM Quantum Computers (Nasdaq: IQMX), a global leader in superconducting quantum computers, today announced a purchase agreement with the Eldorado Research Institute to deploy its first quantum computer in South America, marking IQM's entry into the region.