IQM Quantum Computers reported a 52% increase in order backlog to EUR 102.5 million by September 2026, driven by strong new orders including a EUR 33 million contract for its error-correction platform. Q3 revenue rose 51% year-over-year to EUR 8.9 million, with 31 quantum computers sold globally to date. The company reaffirmed its 2026 revenue guidance of EUR 42-47 million and order intake target of EUR 65-75 million, highlighting ongoing investments in technology and production capacity. IQM is advancing toward fault-tolerant quantum computing with plans for error-correction demonstrators in 2027.
IQM Quantum Computers reported a 52% increase in order backlog to EUR 102.5 million by September 2026, providing context for its growth trajectory. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 05, 2026 13:11 WIB: out of 150 priced US tech stocks, 51 rose and 96 fell. Notable movers include ENTG at USD 141.00 with a -7.70% change and 100% buy order activity, ASX at USD 34.98 down 6.74% with nearly balanced order activity, and FIRY at USD 13.28 up 6.33% with 100% buy order activity.
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IQM Quantum Computers reported a 52% increase in order backlog to €102.5 million by September 30, 2026, driven by major new contracts including the LUMI-IQ Halocene order. Q3 revenue rose 51% year-over-year to €8.9 million, with cash reserves at €260...
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