IQM to Deliver Its First Quantum Computer in South America to Brazil’s Eldorado Research Institute
IQM Quantum Computers (Nasdaq: IQMX) signed a purchase agreement with Brazil's Eldorado Research Institute to deliver the first quantum computer deployed in South America, marking IQM's entry into the region. The IQM Spark system will be installed at Eldorado's Campinas headquarters in Q1 2027, and the deal bundles remote access to IQM's 54-qubit cloud-based system in Europe for larger-scale workloads. It is the first quantum computer purchased by a private research institute in Brazil, and Eldorado will open the system to its network of universities, startups and industry partners across sectors like automotive, energy and fintech.
Key figures
- Deployment timing
- Q1 2027
- Systems delivered
- 17
- Cloud system qubits
- 54
- Order backlog eur m
- 102
- Deal value disclosed
- No
- Full stack systems sold
- 26
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