IQM Joins Nasdaq as Public Quantum Computing Company

IQM Quantum Computers has officially listed on the Nasdaq Global Select Market under the ticker symbol IQMX following its business combination with Real Asset Acquisition Corp. (RAAQ). This milestone marks the first time a European quantum computing company has listed on a major U.S. stock exchange, providing the firm with a pro forma cash position of EUR 337 million. The transition to public markets is intended to accelerate the commercial adoption of IQM’s full-stack superconducting systems as the sector reaches a critical inflection point.

IQM Quantum Computers began trading its American Depositary Shares on the Nasdaq Global Select Market on July 3, 2026, following the completion of its business combination with Real Asset Acquisition Corp. (RAAQ). This listing establishes IQM as the first European quantum computing company to debut on a major U.S. exchange and provides the company with a strong pro forma cash position of EUR 337 million. According to CEO and Co-Founder Jan Goetz, the company is entering the public markets at a time when organizations are moving from quantum exploration to implementation. The capital will support IQM’s strategy to scale its operations as a fully vertically integrated quantum computing company.

IQM enters the public market with significant commercial traction, having sold 23 quantum computers worldwide, which the company states is more than any other manufacturer. The company’s "Production Quantum" model offers full-stack, open-architecture superconducting systems that allow customers to own and operate their own hardware. Technically, IQM focuses on high-performance processors and hardware-efficient control systems, recently announcing a novel quantum error correction approach designed to reduce the hardware overhead required for fault-tolerant computing. These systems are powered by an open software stack intended to enable industrial use-cases across various sectors.

The company is rapidly expanding its global footprint with key installations at major research hubs, including the Leibniz Supercomputing Center in Germany, CINECA in Italy, and the Oak Ridge National Laboratory in the United States. IQM is also strengthening its U.S. presence with a new Quantum Technology Center in Maryland and has expanded into the Asian market through a partnership with Toyo Corporation in Japan. These partnerships target high-impact fields such as materials science, artificial intelligence, cybersecurity, and drug discovery. By positioning its technology at the center of national quantum strategies, IQM aims to address the growing demand from governments and enterprises for next-generation computing infrastructure.