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IQM And TOYO To Drive Quantum Computing In Japan

  • Category:Event
IQM Quantum Computers, a global leader in full-stack superconducting quantum computers, and TOYO Corporation have signed a distribution agreement to accelerate quantum computing adoption for the Japanese market.

With the agreement, Toyo, a leading company in measurement technology and a promoter of technological innovation in Japan, will market and sell IQM Spark, a 5-qubit system, and IQM Radiance, which ranges from 20-qubit to 150-qubit on-premises superconducting quantum computers.

It will also promote the cultivation of specialised talent in quantum computing technology and its societal implementation.

This partnership demonstrates a mutual commitment from both IQM and TOYO to support the initiatives of the Japanese government in achieving its quantum strategy. Among the key goals, the government is aiming at 10 million domestic quantum users by 2030. Backed by significant government investment, the Japanese quantum ecosystem is growing fast.

The partnership further underscores IQM’s commitment to advancing quantum technologies in the APAC region, complementing IQM’s current collaboration with Japan’s National Institute of Advanced Industrial Science and Technology (AIST).

“Japan has become one of the major countries in quantum computing, and our partnership with TOYO, a company with a proven track record of serving the Japanese industries with technological solutions, signals our strong commitment to providing our market-leading full-stack quantum computers and advancing the practical application of quantum computing across various industries,” said Mikko Välimäki, Co-CEO of IQM Quantum Computers.

“This partnership represents a significant milestone, highlighting the strong commitment from both companies and the close alignment between IQM’s technological focus areas and TOYO’s business domains.

By leveraging our collective strengths, we will accelerate the deployment of quantum computers at universities, research institutions, and companies across Japan.

Together, we will also nurture the quantum specialists and drive the social implementation of quantum technologies in Japan,” said Toshiya Kohno, President and CEO of TOYO Corporation.

By combining IQM’s quantum technology with its technology and expertise, TOYO is diversifying its business areas and plans to establish a specialised unit dedicated to quantum technology by the end of 2025.

The company aims to pioneer new fields of application for quantum computers and promote the creation of use cases and the development of new business models. Toy will also provide education and research opportunities using actual quantum systems and collaborate with related companies and organisations.
 
 

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