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Milestone note Jul 6, 2026

IQM acquires Quantistry's assets to add an industrial simulation software layer

Fresh off its Nasdaq listing, IQM acquired the software assets and core team of Berlin's Quantistry — a cloud chemistry-simulation platform for automotive, aerospace, chemicals and pharma — to pair application software with its quantum hardware.

IQM acquired selected assets of Berlin-based Quantistry GmbH — proprietary software, algorithm simulation libraries and IP — and retained its quantum-chemistry and software engineering team. Quantistry's cloud platform lets users in automotive, aerospace, chemicals, materials and pharma build chemical simulations without quantum expertise, via a machine-learning layer; it will now connect directly to IQM's quantum computers. The deal closed concurrently with IQM's Nasdaq business combination.

Why it matters

First move as a public company, and it targets quantum's actual bottleneck: hardware without industrial applications has no revenue path. A full-stack pitch — clients prototype on Quantistry's software today and inherit better IQM hardware underneath without switching platforms — is how quantum companies convert "proof of concept" budgets into recurring accounts. Expect the newly listed cohort (Quantinuum, IonQ) to keep consolidating the software layer the same way.

What to watch

Named industrial customers on the combined platform, and whether IQM's post-listing capital goes to more software tuck-ins.

Who's involved

Finnish full-stack superconducting quantum systems; raised Europe's largest quantum Series B. Listed on Nasdaq (IQMX) on 2 Jul 2026 via SPAC with Real Asset Acquisition Corp — the first publicly listed European quantum computing company.

Founded
2018
HQ
Espoo, Finland