IQM Quantum Computers has acquired selected assets of Berlin-based Quantistry GmbH, strengthening its software capabilities as the Finnish quantum computing company seeks to accelerate commercial adoption of quantum technology across industrial sectors.
The transaction, completed alongside IQM’s business combination with Real Asset Acquisition Corp. (RAAQ), follows the company’s listing on Nasdaq, making it the first publicly listed quantum computing company from Europe.
Financial terms of the acquisition were not disclosed.
The deal includes Quantistry’s proprietary software applications, algorithms and intellectual property, as well as the retention of the company’s core technical, quantum chemistry and software engineering teams. IQM said the move is intended to speed integration of industrial software with its superconducting quantum computing platform.
The acquisition brings together Quantistry’s cloud-native simulation platform, algorithm libraries and machine learning capabilities with IQM’s quantum hardware. The combined platform is designed to support research and development in industries including automotive, aerospace, chemicals, materials science and pharmaceuticals, where companies increasingly use advanced simulations to accelerate product development.
Quantum computing companies have been expanding beyond hardware development in recent years, investing in software tools that make emerging quantum systems more accessible to enterprise users. The industry has increasingly focused on building end-to-end platforms that combine classical computing, artificial intelligence and quantum processing to solve commercially relevant problems.
“True commercialization of quantum computing requires more than powerful hardware. It requires a bridge between hardware, software, and real industrial applications,” IQM Chief Executive Officer and Co-Founder Jan Goetz said in a statement.
Goetz said the acquisition would accelerate the company’s software development while adding expertise that would help deliver cloud-based simulation capabilities to enterprise customers.
Quantistry has developed a cloud platform that combines quantum mechanics, chemical simulations and high-performance computing to model molecular and material properties. A key component of the platform is its artificial intelligence and machine learning layer, which automates complex computational workflows and enables researchers without specialist expertise in quantum computing to perform advanced chemical simulations.
The software can distribute workloads across high-performance computing infrastructure, AI computing environments and quantum processors, selecting the most efficient computing pathway for each task.
According to IQM, the platform will be integrated directly with its quantum computers, allowing enterprise customers to develop proof-of-concept applications using existing classical computing resources before transitioning workloads to quantum hardware as the technology matures.
Marcel Quennet, Quantistry’s co-founder and chief executive officer, said the combination would enable research teams to model complex molecular and physical properties more efficiently while accelerating the development of new materials.
IQM said it also plans to expand Quantistry’s existing enterprise customer relationships under the IQM brand, offering customers access to a combination of classical simulation, AI-driven optimisation and quantum computing within a single platform.
