Sweden and Finland make advances in quantum computing – ComputerWeekly.com
Finland and Sweden are leading the Nordic charge in rolling out important new advances in separate quantum computer projects.
In Sweden, Chalmers University of Technology (Chalmers UoT) has secured an additional 9m (SEK 102m) in funding to build and make available a copy of its quantum computer to the countrys IT industry.
Across the Gulf of Bothnia, the VTT Technical Research Centre of Finland has completed the spin-out of SemiQon, a startup launched to develop more affordable and scalable quantum computers utilising newly created semiconductor qubit technology. SemiQon is backed by a pre-seeding deal with deep-tech investor Voima Ventures.
The special conditions under which new capital funding, provided by the Knut and Alice Wallenberg Foundation (Wallenberg Foundation), is being released to Chalmers UoT marks a significant development in the quantum computing venture. The institution is required, under the terms of the funding, to share the benefits arising from the research, knowledge building and commercial stages of the project with Sweden s IT industry and tech research organisations.
Chalmers UoT is currently investigating the scope and framework needed to make research and knowledge universally available to beneficiary external interest groups. The new funding will be used to build a quantum computer that features a quantum helpdesk to enable companies and researchers to solve problems using quantum technology, a powerful resource that lies far beyond the reach of the best conventional supercomputers.
Specific to the Chalmers UoT, the current evolution in quantum technologies and engineering, where computers excel at optimisation tasks such as solving complex logistical issues, is moving at pace to the next stage of decoding and finding solutions for world-scale challenges. These may include accurately modelling viruses and drugs or presenting solutions to address critical issues connected to climate change.
The Wallenberg Foundation, through the Wallenberg Centre for Quantum Technology (WACQT) has become a significant player in the development of the Chalmers UoTs quantum computing project, which was launched in 2018. The core goals of the project, backed by a broad research programme, are concentrated on building Swedish expertise within the main branches of quantum technology; namely quantum computing and simulation, quantum communications and quantum sensing.
The Chalmers UoTs quantum computer currently functions at 25 qubits. The scope of ambition for an upgrade is to reach 40 qubits by 2026, and its target of 100 qubits by 2029. At 25 qubits, the computer can be used to run quantum algorithms. However, time available for such exercises is limited against the backdrop where the quantum computer machine is in an almost constant state of development.
The quantum computer copy we are building will be made available as a test bed for companies and researchers to run algorithms. The mission is to raise Swedens competence level in quantum technology and lower the threshold for using quantum computers, said Per Delsing, director of WACQT and a professor at Chalmers.
The test beds support function, the quantum helpdesk, is primarily intended as a navigation tool to help users reorder problems to executable quantum algorithms.
Adding further value, the test bed platform is being designed to provide appraisal and pilot study equipment for companies engaged in developing quantum technology components. In real terms, the text bed platform will allow IT companies and other technology-based organisations to optimise algorithms for hardware.
Under the current plan, the Chalmers UoTs test-bed is scheduled to open its components test equipment in 2024 alongside the Quantum Helpdesk support platform. The project team, based on this timetable, envisage the quantum computer to open for running algorithms in 2025.
This works on the concept that users wont need a lot of advance knowledge. Companies will present problems that they believe can be solved by a quantum computer. The Quantum Helpdesk will provide the help they need from that juncture, Delsing said.
The Chalmers UoTs project managers, said Delsing, are acutely aware of quantum computing related developments on the global stage piloted by commercial actors, some of whom have made quantum computers available via the cloud.
Backed by WACQT, Chalmers UoT is striving to develop a test-bed that will be significantly cheaper to both access and exploit for users in Sweden, Delsing said.
A major difference between our quantum computing project and ones being developed internationally is the level of transparency we have about whats under the hood of our quantum computers. Being able to optimise algorithms for hardware increases the odds of successful computations, said Delsing.
In Finland, the expansion of VTTs footprint in the quantum computer space has resulted in the state research organisation spinning out SemiQon under a pre-seeding capital funding agreement with Voima Ventures, one of Finlands leading deep technology-investors.
SemiQon was established by VTT to create more affordable and scalable quantum computers that are easier to manufacture and can function in warmer temperatures utilising new semiconductor qubit technology.
With Voima Ventures onboard providing key funding, SemiQon is building a new type of quantum processor chip produced from silicon semiconductors. This contrasts with contemporary approaches which are predominantly based on non-standard materials.
The next stage in SemiQons journey is to make quantum computers significantly more capable of solving some of the worlds greatest challenges, said Himadri Majumdar, the CEO of SemiQon.
The solutions we offer respond to three major challenges currently slowing down the development of quantum computers globally their scalability, price, and sustainability,Majumdar said.
The new technology being developed by SemiQon, Majumdar, will enable the company to fabricate quantum processors in a way that supports scaling up manufacturing efficiencies while simultaneously lowering costs.
The chips we manufacture allows the quantum computer to operate at warmer temperatures. As a result, the process requires only a fraction of the energy needed for alternative solutions, said Majumdar.
Potentially, the quantum computing research programme being run by SemiQon could lead to the building of quantum processors that require millions of qubits for fault-tolerant operation, said Jussi Sainiemi, a partner at Voima Ventures.
Despite the fact that globally, the vast majority of quantum investments have addressed superconducting and other qubit technologies, silicon semiconductor qubit technology is still underfunded despite not being burdened with the scalability challenges that many other technologies face, Sainiemi said.
SemiQons technology has the potential to have a far-reaching impact on the quantum computing sphere, paving the way to a truly scalable and sustainable quantum chip.
See original here:
Sweden and Finland make advances in quantum computing - ComputerWeekly.com
- 3 Best Quantum Computing Stocks to Buy in May 2026, According to Analysts - TipRanks - May 3rd, 2026 [May 3rd, 2026]
- 3 Quantum Computing Stocks That Have Massive Upside in May - Yahoo Finance - May 3rd, 2026 [May 3rd, 2026]
- Quantum Computing: Moving Out Of The Lab - Seeking Alpha - May 3rd, 2026 [May 3rd, 2026]
- Quantum computing's next dark horse emerges from a frozen surface, where almost nothing behaves as expected - Phys.org - May 3rd, 2026 [May 3rd, 2026]
- BMO Turns to AI and Quantum Computing to Predict Earthquakes - Bloomberg.com - May 3rd, 2026 [May 3rd, 2026]
- Quantum Computing Inc. to Participate in the 21st Annual Needham Technology, Media, & Consumer Conference - PR Newswire - May 3rd, 2026 [May 3rd, 2026]
- The MIT-IBM Computing Research Lab launches to shape the future of AI and quantum computing - MIT News - May 3rd, 2026 [May 3rd, 2026]
- Assessing Quantum Computing Inc. (QUBT) Valuation After NeuraWave Deployment Readiness And Conference Spotlight - simplywall.st - May 3rd, 2026 [May 3rd, 2026]
- Billionaires Have Chosen Their Favorite Quantum Computing Stock, and It's Not IonQ, Rigetti Computing, or D-Wave Quantum - Yahoo Finance - May 3rd, 2026 [May 3rd, 2026]
- 3 Quantum Computing Stocks That Have Massive Upside in May - The Motley Fool - May 3rd, 2026 [May 3rd, 2026]
- Yubico well-prepared for post-quantum computing threats - SecurityBrief Australia - May 3rd, 2026 [May 3rd, 2026]
- Billionaires Have Chosen Their Favorite Quantum Computing Stock, and It's Not IonQ, Rigetti Computing, or D-Wave Quantum - The Motley Fool - May 3rd, 2026 [May 3rd, 2026]
- Your Company's Sensitive Data Could Already Be at Risk as Quantum Computing Advances - USA Today - May 3rd, 2026 [May 3rd, 2026]
- MIT and IBM open new AI and quantum computing research lab | ETIH EdTech News - EdTech Innovation Hub - May 3rd, 2026 [May 3rd, 2026]
- The First 5 Quantum Computing Stocks I'd Buy If I Were Starting From Scratch - Yahoo Finance - May 3rd, 2026 [May 3rd, 2026]
- Best Quantum Stock to Buy the Dip: Rigetti Computing (RGTI) or Quantum Computing (QUBT) - The Motley Fool - May 3rd, 2026 [May 3rd, 2026]
- Paradigm Researcher Proposes PACTs to Shield Dormant Bitcoin From Quantum Computing Risk - Bitcoin News - May 3rd, 2026 [May 3rd, 2026]
- This Investment Gives You Access to All the Hottest Market Trends: Generative AI, SpaceX, Quantum Computing, Robotaxis, and More - The Motley Fool - May 3rd, 2026 [May 3rd, 2026]
- Best Quantum Stock to Buy the Dip: Rigetti Computing (RGTI) or Quantum Computing (QUBT) - Yahoo Finance - May 3rd, 2026 [May 3rd, 2026]
- Quantum Computing Moves Out Of The Lab - RealClearMarkets - May 1st, 2026 [May 1st, 2026]
- Quantum Computing Companies Are in a Race to Go Public - WSJ - April 27th, 2026 [April 27th, 2026]
- Top Quantum Computing Stocks to Buy in April - The Motley Fool - April 27th, 2026 [April 27th, 2026]
- Watch Wall Street Split on Quantum Computing Bet - Bloomberg.com - April 27th, 2026 [April 27th, 2026]
- Fault-Tolerant Quantum Computing with Trapped Ions: The Walking Cat Architecture - IonQ Quantum Computing - April 27th, 2026 [April 27th, 2026]
- Quantum computing gains stability boost from NVIDIA error correction model - Digital Watch Observatory - April 27th, 2026 [April 27th, 2026]
- Global Quantum Computing Market: Growth, Trends, and Future Outlook (2026-2036) - openPR.com - April 27th, 2026 [April 27th, 2026]
- Quantum Computing in Drug Discovery Market to Reach USD 637.83 - openPR.com - April 27th, 2026 [April 27th, 2026]
- Our Quantum Computing Name Faces a Crucial Spot in the Chart - TheStreet Pro - April 27th, 2026 [April 27th, 2026]
- This Quantum Computing Stock Is Up 200% in 2025. Here's 1 Reason That Could Be Just the Beginning. - AOL.com - April 27th, 2026 [April 27th, 2026]
- Quantinuum Has Submitted a Confidential S-1 Filing to the U.S. SEC for a Proposed Initial Public Offering (IPO) of their Common Stock - Quantum... - April 27th, 2026 [April 27th, 2026]
- Quantum Computing Stocks IonQ, Rigetti, and D-Wave Have Soared Up to 72% in 7 Trading Sessions -- and You'll Likely Regret Chasing This Rally - The... - April 25th, 2026 [April 25th, 2026]
- IonQ Publishes Definitive Technical Report, Establishing Its Fault-Tolerant Quantum Computing Trajectory Setting a New Standard for Technical... - April 25th, 2026 [April 25th, 2026]
- Coinbase Advisers Warn Quantum Computing Will Crack Blockchain Encryption -- And The Window to Prepare Is Narrowing - The Quantum Insider - April 25th, 2026 [April 25th, 2026]
- Quantum Computing Stocks IonQ, Rigetti, and D-Wave Have Soared Up to 72% in 7 Trading Sessions -- and You'll Likely Regret Chasing This Rally - Yahoo... - April 25th, 2026 [April 25th, 2026]
- Why the Real Quantum Race is Shifting from Hardware to Software - Quantum Computing Report - April 25th, 2026 [April 25th, 2026]
- Q.ANT Expands to U.S. and Appoints Former IBM Executive as CTO - Quantum Computing Report - April 25th, 2026 [April 25th, 2026]
- Bitcoin Quantum Computing Threat: Is Your Crypto at Risk in 2026? - Intellectia AI - April 25th, 2026 [April 25th, 2026]
- Quantum computing poised to displace classical AI infrastructure, Northland says - Investing.com - April 25th, 2026 [April 25th, 2026]
- "We are a part of this community now": How institutions are preparing for Bitcoin's quantum computing threat - Blockspace Media - April 25th, 2026 [April 25th, 2026]
- Scientists Overcome Major Quantum Bottleneck, Potentially Transforming Teleportation and Computing - SciTechDaily - April 25th, 2026 [April 25th, 2026]
- Phoenix Mayor Kate Gallego highlights new initiative to make Valley a quantum computing hub - KJZZ - April 23rd, 2026 [April 23rd, 2026]
- IonQ vs. Rigetti: Which Quantum Computing Stock Is the Better Buy Ahead of Q1 Earnings? - TipRanks - April 23rd, 2026 [April 23rd, 2026]
- Ripple haunted by spectre of quantum computing and proposes two-year plan for XRP Ledger - dlnews.com - April 23rd, 2026 [April 23rd, 2026]
- Global Quantum Computing Advanced Packaging Market to Reach USD 278.65 Million by 2036 - openPR.com - April 23rd, 2026 [April 23rd, 2026]
- Quantum Computing Inc Announces Deployment-Ready NeuraWave, A Photonic Computing Platform For Real-Time AI Inference At The Edge - marketscreener.com - April 23rd, 2026 [April 23rd, 2026]
- Architectural Blueprints for Fault-Tolerant Trapped-Ion and Neutral-Atom Systems - Quantum Computing Report - April 23rd, 2026 [April 23rd, 2026]
- Why Nvidia Is the Most Important Quantum Computing Stock of All - Yahoo Finance - April 21st, 2026 [April 21st, 2026]
- Senate Commerce Committee Unanimously Passes National Quantum Initiative Reauthorization Act - Quantum Computing Report - April 21st, 2026 [April 21st, 2026]
- Coinbase advisory board says quantum computing threat is on the horizon, crypto needs a plan - CoinDesk - April 21st, 2026 [April 21st, 2026]
- Two paths to scalable quantum computing: Optical links between fridges and higher-temperature qubits - Phys.org - April 21st, 2026 [April 21st, 2026]
- Why Nvidia Is the Most Important Quantum Computing Stock of All - The Motley Fool - April 21st, 2026 [April 21st, 2026]
- Quantum Computing Stock Earnings Breakdown: The Bigger the Loss, the Bigger the Gain? - NAI500 - April 21st, 2026 [April 21st, 2026]
- Kvantify and Equal1 Partner on Quantum Computing Integration - The Quantum Insider - April 21st, 2026 [April 21st, 2026]
- Why Nvidia Is the Most Important Quantum Computing Stock of All - AOL.com - April 21st, 2026 [April 21st, 2026]
- Quantum Computing Stocks: Sorting the Real Science from the Hype - MarketBeat - April 21st, 2026 [April 21st, 2026]
- Despite Its Name, The Defiance Quantum ETF Is NOT A Bona Fide Quantum Computing ETF (QTUM) - Seeking Alpha - April 21st, 2026 [April 21st, 2026]
- Quantum Computing (NASDAQ:QUBT) Coverage Initiated at Northland Securities - MarketBeat - April 21st, 2026 [April 21st, 2026]
- IBM and the University of Illinois Urbana-Champaign Expand Discovery Accelerator Institute to Advance AI and Quantum Computing - IBM Newsroom - April 17th, 2026 [April 17th, 2026]
- IBM, U of I renew and expand Illinois institute focused on AI, quantum computing - CBS News - April 17th, 2026 [April 17th, 2026]
- D-Wave Quantum Vs. Quantum Computing: Early Revenue Premium Masks Long-Term Parity (NYSE:QBTS) - Seeking Alpha - April 17th, 2026 [April 17th, 2026]
- IBM expands quantum computing partnership with University of Illinois - StreetInsider - April 17th, 2026 [April 17th, 2026]
- The Best Quantum Computing Stocks to Buy Today - Yahoo Finance - April 12th, 2026 [April 12th, 2026]
- 3 Quantum Computing Stocks with Potential to Beat the Market 4/10/2026 - TipRanks - April 12th, 2026 [April 12th, 2026]
- Why Quantum Computing Is Becoming a Strategic Lever in Materials Innovation - Wipro - April 12th, 2026 [April 12th, 2026]
- What Are the Best Quantum Computing Stocks to Buy in 2026? - CoinCentral - April 12th, 2026 [April 12th, 2026]
- Adam Back Says Quantum Threat to Bitcoin Is Decades Away, Urges Gradual Migration to Post-Quantum Security - Bitcoin Magazine - April 10th, 2026 [April 10th, 2026]
- Infleqtion and NASA Deploy Upgraded Quantum Hardware to International Space Station - Quantum Computing Report - April 10th, 2026 [April 10th, 2026]
- Long-term undervaluation lifts Quantum Computing stock to a 4.87% daily increase - Traders Union - April 10th, 2026 [April 10th, 2026]
- Up 1,460% Since 2024, Is It Too Late to Buy This Quantum Computing Leader? - Yahoo Finance - April 8th, 2026 [April 8th, 2026]
- Up 1,460% Since 2024, Is It Too Late to Buy This Quantum Computing Leader? - The Motley Fool - April 8th, 2026 [April 8th, 2026]
- Future of Quantum Computing | High-Speed Processing, AI Synergy - openPR.com - April 8th, 2026 [April 8th, 2026]
- Fully Programmable Quantum Computing With Trapped-ions - Quantum Zeitgeist - April 8th, 2026 [April 8th, 2026]
- News Explorer Quantum Computing Poses Potential Threats to Bitcoin, But Current Research Shows Limitations - Decrypt - April 8th, 2026 [April 8th, 2026]
- Quantum Computing Market to Reach US$ 22.75 Billion by 2033 - openPR.com - April 8th, 2026 [April 8th, 2026]
- A Cryptography Engineers Perspective on Quantum Computing Timelines - OODAloop - April 8th, 2026 [April 8th, 2026]
- Why the mind-bending physics of quantum computing is terrifying for bitcoin and crypto - CoinDesk - April 7th, 2026 [April 7th, 2026]
- Q-Factor emerges with $24M in funding and the next big bet to achieve quantum computing advantage - SiliconANGLE - April 7th, 2026 [April 7th, 2026]
- Alex Pruden: Quantum computing threatens elliptic curve cryptography, advancements could lead to utility-scale systems by decade's end, and the urgent... - April 7th, 2026 [April 7th, 2026]
- Lloyds Bank uses quantum computing to detect money mules - The Times - April 7th, 2026 [April 7th, 2026]
- SpinQ Technology Raises Nearly 1 Billion CNY ($145.3M USD) to Scale Industrial Quantum Computing - Quantum Computing Report - April 5th, 2026 [April 5th, 2026]