{"id":677340,"date":"2025-06-26T10:45:15","date_gmt":"2025-06-26T07:45:15","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/spacex-showed-us-path-to-profit-for-quantum-computing-says-iqm\/"},"modified":"2025-06-26T10:45:15","modified_gmt":"2025-06-26T07:45:15","slug":"spacex-showed-us-path-to-profit-for-quantum-computing-says-iqm","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/spacex-showed-us-path-to-profit-for-quantum-computing-says-iqm\/","title":{"rendered":"SpaceX showed us path to profit for quantum computing, says IQM"},"content":{"rendered":"<div id=\"article-main-content\">\n<p><span style=\"font-weight: 400;\">It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that\u2019s not always the case.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier \u2014\u00a0by taking a page from SpaceX\u2019s funding playbook.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhen we started, it was a classic deep tech case, and people thought revenue would be five to 10 years out,\u201d Goetz said. \u201cNo, that\u2019s stupid. You can make money already with these very early-stage machines.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rather than wait for a fully mature product, IQM has focused on selling quantum computers in their nascent stages to state-funded research institutions. The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach is similar to how SpaceX sold early rockets to public sector clients, even when many of those rockets failed shortly after launch. The idea, Goetz explained, was to build early partnerships that would fund future development.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founded in 2018, IQM signed its first contract in 2020 and sold its first system soon after. The company has so far sold 13 quantum computers globally and has a bookings pipeline exceeding \u20ac90mn, making it one of the industry\u2019s front-runners. It\u2019s also the second best-funded quantum hardware company in Europe, having raised a total of $210mn (\u20ac181mn).\u00a0<\/span><\/p>\n<div class=\"inarticle-wrapper latest channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"\/><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"\/><\/p>\n<div class=\"channel-cta-input\">\n<p class=\"channel-cta-title\">The \ud83d\udc9c of EU tech<\/p>\n<p class=\"channel-cta-tagline\">The latest rumblings from the EU tech scene, a story from our wise ol&#8217; founder Boris, and some questionable AI art. It&#8217;s free, every week, in your inbox. Sign up now!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><span style=\"font-weight: 400;\">Goetz said the biggest challenge for quantum computing is not technological, but financial. While he does not think Europe has lost the tech race, he warned that without serious capital in place, the continent would not be able to compete with countries like the US or China.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cEurope has excellent universities and research projects, but can we scale these into competitive businesses and industries?\u201d he asked. \u201cWe see industry starting to engage, but the level of investment is still quite small.\u201d<\/span><\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1414173 js-lazy\" alt=\"IQM CEO and co-founder Jan Goetz\" width=\"1640\" height=\"1341\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2025\/06\/IQM-CoCeo-JanGoetz-5.jpg\"\/><figcaption>Jan Goetz co-founded IQM alongside Mikko M\u00f6tt\u00f6nen, Kuan Yen Tan, and Juha Vartiainen in 2018. Credit: IQM<\/figcaption><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1414173\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2025\/06\/IQM-CoCeo-JanGoetz-5.jpg\" alt=\"IQM CEO and co-founder Jan Goetz\" width=\"1640\" height=\"1341\" srcset=\"\"\/><\/figure>\n<p><span style=\"font-weight: 400;\">Goetz believes the next major shift in the quantum computing landscape will not come from end users, but from the infrastructure layer \u2013 specifically, the companies that build and operate data centres.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">He expects them to expand these investments rapidly. \u201cI think that\u2019s what\u2019s going to happen next on the private side, and hopefully we can really enable the commercial uses so that all of the end users can help build up the industry.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Goetz also addressed the potential impact of artificial intelligence. He noted that it will remain technically challenging to push a lot of data through quantum computers for the foreseeable future, which will limit their capacity for AI applications. However, there is an emerging role for quantum in AI, particularly in creating training data. IQM is developing this capability through a collaboration with Siemens on quantum-enhanced machine learning.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhat quantum computers are really good at is creating true randomness,\u201d Goetz said. \u201c[They] can actually be used to generate synthetic data for training AI models more efficiently\u2026 It\u2019s like democratic voting. You bundle a group of qubits together, and if a few go wrong, the rest can correct them. The majority gives you the right answer, and the errors get flipped back.\u201d<\/span><\/p>\n<\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" target=\"_blank\" >Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/spacex-inspires-iqm-quantum-computing\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a common assumption that quantum computing is a long-term bet that may take at least a decade to turn a profit. But that\u2019s not always the case.\u00a0 At TNW Conference in Amsterdam last week, Jan Goetz, co-founder and co-CEO of Finnish quantum startup IQM, revealed his company began earning revenue much earlier \u2014\u00a0by&#8230;<\/p>\n","protected":false},"author":1,"featured_media":677341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2025%2F06%2FUntitled-design-1-2.jpg&signature=38ddb23a877037e7e29bf34affaa4c62","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-677340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/677340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=677340"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/677340\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/677341"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=677340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=677340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=677340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}