Japanese measurement solutions provider TOYO Corporation has expanded its quantum hardware commitments by purchasing an IQM Spark (a 5-qubit educational and algorithm verification platform) from IQM Quantum Computers (NASDAQ: IQMX). The acquisition follows TOYO’s earlier order of a 20-qubit IQM Radiance processor. Both systems are scheduled for physical delivery by late 2026 and are projected to reach full operational status in early 2027.
Under the dual-deployment model, TOYO will install the IQM Spark at its R&D center in Kiba, Tokyo, dedicated to talent development, hardware component benchmarking, and algorithm verification. The 20-qubit IQM Radiance will operate at the Global Research and Development Center for Business by Quantum-AI technology (G-QuAT)—a facility managed by Japan’s National Institute of Advanced Industrial Science and Technology (AIST). By interconnecting both platforms, TOYO will provide open on-premises and cloud access to Japanese universities, startups, and industrial researchers, aligning with national strategic targets of 10 million domestic quantum users and ¥50 trillion in quantum-generated economic value by 2030.
| [ TOYO Corporation & IQM Superconducting QPU Deployment Framework ] | ||
|---|---|---|
| Hardware System & Scale | Installation Site & Governance | Ecosystem Objective & Use Case |
| IQM Spark (5-Qubit Superconducting QPU) | • TOYO R&D Center (Kiba, Tokyo) • Direct Operational Ownership | • Hands-on Workforce Training & Education • Superconducting Component Testing |
| IQM Radiance (20-Qubit Superconducting QPU) | • AIST G-QuAT Facility (Tsukuba/Tokyo) • Joint Industry-Government Access | • Advanced Algorithm Validation & Scaling • Commercial Application Proofs |
The transaction expands IQM’s installed base in the Asia-Pacific region, adding to systems previously deployed in South Korea and Taiwan. Commercial progress follows IQM’s public listing on the Nasdaq Global Select Market and an order backlog exceeding €102 million across 26 full-stack systems sold globally.
Review the official press release via IQM Quantum Computers here, and examine our prior coverage of the Initial IQM Radiance Enterprise Purchase by TOYO Corporation here, the TOYO–IQM Commercial Distribution Agreement here, IQM’s Public Debut on Nasdaq (IQMX) here, and IQM’s Integration of NVIDIA CUDA-Q Logical Compiler Tools here.
September 15, 2026
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