Telefónica and IQM to Provide the Community of Madrid With Its First Quantum Computer to Drive the Development of Industry Use Cases Across the Region

Borja Ochoa, non-executive Chairman of Telefónica España and CEO of B2B

“This project marks another step forward in Telefónica’s close collaboration with the Community of Madrid in the deployment of quantum technologies, both in networks and in the encryption and protection of critical data in particularly sensitive sectors such as healthcare and security, and now also through the research opportunities offered by quantum computing. In line with its goal of becoming the best gateway to digital technologies for citizens, businesses and public administrations, Telefónica is the first operator in Spain to offer communications between data centers protected by the new post-quantum cryptography standards. Our company is also helping to build a national ecosystem by developing technologies and communications, specialized centers and strategic projects ranging from the development of cancer treatments to reducing the use of cardboard by packaging companies.”

Jan Goetz, CEO and Co-founder of IQM Quantum Computers

“By investing in its own quantum computer, the Community of Madrid is creating an infrastructure that will enable its researchers, students and industries to grow their capabilities over the long term. Quantum computing becomes truly valuable when it moves beyond remote laboratory environments and is placed directly in the hands of those working closest to the real-world challenges it can help address. This deal represents an important step forward for Madrid and for Europe in its ambition to lead the development of quantum computing.”