€150M government-backed project will see Finnish company set up in Grenoble’s semiconductor cluster
IQM’s existing fabrication facility in Espoo, Finland. Photo credits: IQM
Finnish company IQM Quantum Computers has won French government funding to build what is claimed to be the first industrial-scale quantum processor production facility in Europe.
The factory was announced at last month’s Choose France summit, where foreign companies pledged to invest €15 billion in the country and the €150 million project will be part financed under the France 2030 investment plan.
While companies like IBM and Google are leading the way across the Atlantic, fabrication facilities in Europe are mostly limited to universities and research organisations like Finland’s VTT Technical Research Centre, France’s Alternative Energies and…
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