France to have Europe’s first industrial scale quantum processor manufacturing facility

11 Jun 2024 | News

€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…