Finnish quantum computing hardware maker IQM has reaffirmed its 2026 financial outlook after completing its Nasdaq initial public offering. The company reported first-half revenue of €8.9 million and an operating loss of €60.5 million, with cash of €309.4 million as of July 2 and an order backlog above €102.1 million. It said the IPO proceeds will be used to expand manufacturing capacity, advance product development and grow its international operations.