IQM Inaugurates 54 Quantum Computer at CINECA
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2026
0mins
The Italian Research Centre on High Performance Computing, Big Data, and Quantum Computing inaugurated the IQM Radiance 54 quantum computer at CINECA enabling advanced applications in optimization, simulation, and machine learning. IQM has previously announced its ongoing business combination with Real Asset Acquisition Corp, which will result in IQM becoming a public company in mid-2026. The installation, located at the CINECA headquarters in the DAMA Tecnopolo in Bologna, represents not just technological progress but a strategic Italian asset providing concrete tools for the scientific community and businesses to foster innovation, accelerate research, and transform knowledge into high-impact applications. IQM Radiance, named NOX, is being integrated into Leonardo. The objective is to provide researchers with a production-ready environment for experimentation with integrated classical-quantum computing paradigms.
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Real Asset Acquisition Corp. is a blank check company. The Company is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any industry, sector or geographic region. The Company intends to focus its search initially on identifying companies in sectors underpinned by real assets, including metals and mining, real estate, infrastructure and adjacent sectors. The Company has not generated any operating revenues.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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