IQM Quantum Computers to list shares in US at initial $1.8 billion valuation

Finnish-headquartered IQM Quantum Computers is aiming to list its shares on the US stock market via a merger with a special purpose ‌acquisition company ⁠Real ⁠Asset Acquisition, the companies said on Monday.

The transaction will give the European company an initial equity valuation of around $1.8 billion, IQM said. Quantum computers, which are much faster than conventional computers, are seen as crucial for cybersecurity, attracting funding from such tech giants as Microsoft, Alphabet , IBM and Cisco as well as interest from several governments.