Technology

IQM Quantum Computers to supply Finland with a world-leading superconducting 300-qubit quantum computer

Published

12 months ago

May 20, 2025

ESPOO, Finland, May 20, 2025 /PRNewswire/ — IQM Quantum Computers has won VTT’s innovation partner tender for the delivery of a 300-qubit superconducting quantum computer. The signed agreement is an excellent match with the project’s main objective of putting Finland at the forefront of quantum computing development, as well as in the development and use of quantum computing in Finnish society. In addition, the innovation partners are developing new hardware components for future quantum computers, as well as strengthening Finland’s unique expertise in material modelling through quantum computing.

The winning tender was from IQM Quantum Computers, whose bid was an excellent match with the strategic objectives of the project, the quantum computing performance requirements, as well as schedule requirements. The joint development project now signed will deliver a 150-qubit superconducting quantum computer in mid-2026 and a 300-qubit one in late 2027. The quantum computers will be integrated into the Finnish high-performance computing infrastructure to promote hybrid computing.

“This 300-qubit superconducting quantum computer has most superconducting qubits procured anywhere in the world. In addition, the delivery schedule is quick,” says Piia Konstari, Project Manager for VTT’s quantum computer tendering process.

The deliveries will put Finland at the absolute forefront in both Europe and globally in terms of quantum computing capabilities. The delivery also includes a cloud platform for businesses and university researchers to access the quantum computers, and a two-year maintenance contract after the completion of the project.

“We are excited to continue our long-term partnership with VTT and ship our next generation of quantum computers to power Finland’s quantum ecosystem,” says Mikko Välimäki, Co-CEO of IQM Quantum Computers. “We are committed to delivering and deploying full-stack quantum computers worldwide, and Finland will get our highest performing quantum computer to date as the next step on our common journey to reach fault-tolerant quantum computing,” he continues.

As VTT wants to promote the development and application of quantum computing in Finland, the project includes quantum computing time, which will be granted to companies and universities. VTT will grant limited free quantum computing time to qualifying applications.

“VTT’s main task is to promote the development of the Finnish society. “We believe that a low threshold for use will accelerate the ability of companies and universities to research and develop applications for quantum computing. This will be a key competitive asset for Finland in the near future,” says Erja Turunen, Executive Vice President, Digital Technologies at VTT.

“During the project, we will develop new devices and fabrication processes for next-generation quantum computers to ensure Finland’s leadership position in critical technologies,” says Pekka Pursula, Director, Microelectronics and Quantum Research at VTT.

The innovation partnership now starting will also investigate how to optimise quantum computers for the computational methods and algorithms needed in material modelling. Finland has world-leading expertise in material modelling, and by strengthening and combining this with quantum computing, we can build a global competitive advantage.

VTT was awarded a special government grant of EUR 70 million in 2024 for the development of a 300-qubit quantum computer. The search for an innovation partner started in June 2024, applications for participation were received in early August and negotiations took place throughout the rest of the year. VTT received the final bids in January 2025, and the supplier was selected in March 2025. The signed contract is valid until the end of 2027.

Further information
Piia Konstari, Project Manager for VTT’s quantum computer tendering process, VTT Director, Microfabrication services
piia.konstari@vtt.fi, tel. +358 50 576 3706

Further information on VTT:
Paula Bergqvist, Communications Manager
+358 20 722 5161, paula.bergqvist@vtt.fi
www.vttresearch.com

About VTT Technical Research Centre of Finland Ltd

VTT is a visionary research, development and innovation partner. We drive sustainable growth and tackle the biggest global challenges of our time and turn them into growth opportunities. We go beyond the obvious to help the society and companies to grow through technological innovations. We have over 80 years of experience of top-level research and science-based results. VTT is at the sweet spot where innovation and business come together. VTT – beyond the obvious

About IQM Quantum Computers

IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM’s software and hardware.  IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States.

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Technology

RIVANNA nominated for MedTech Scale-Up of the Year at MedTech World Awards 2026 | North America

Published

32 minutes ago

May 5, 2026

Nomination places the Charlottesville-based company among growth-stage medtech leaders recognized for commercial momentum in AI-powered clinical decision support; public voting is open through May 8

CHARLOTTESVILLE, Va., May 5, 2026 /PRNewswire/ — RIVANNA®, developer of AI-powered clinical decision-support solutions, today announced that it has been nominated for MedTech Scale-Up of the Year at the MedTech World Awards 2026 | North America. Public voting is open through Friday, May 8, 2026, with category winners to be announced at the inaugural North American Awards Gala on May 11, 2026, at the Hilton West Palm Beach in Florida.

The MedTech Scale-Up of the Year category honors a growth-stage company successfully scaling revenues, partnerships, and adoption across the global medical technology ecosystem. Nominees across the program’s 22 categories were selected through a structured process led by the MedTech World Steering Committee, with category winners determined by a combination of expert evaluation and public voting from the global MedTech community.

“We have built RIVANNA on validation earned from the most rigorous technical buyers in healthcare: competitive federal awards translated into FDA-cleared products, each paired with a commercial program that meets clinicians where they work,” said Will Mauldin, PhD, Co-founder and CEO of RIVANNA. “Being nominated for MedTech Scale-Up of the Year is a meaningful affirmation of that approach and the team executing it.”

Public voting closes Friday, May 8, 2026. Members of the MedTech community are invited to support RIVANNA’s nomination at the official voting page: vote here.

The award nomination follows a year of measurable scaling for RIVANNA:

In October 2025, RIVANNA reported on being named a finalist in MedTech Innovator’s 2025 Early-Stage Grand Prize competition, selected from nearly 1,500 global applicants to represent the top 4% of medtech innovations worldwide.In December 2025, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of its Accuro® 3S Needle Guide Kit consumables, building on existing Accuro 3S device clearance.In April 2026, RIVANNA reported on peer-reviewed findings, published in 2025 in the Journal of Emergency Medicine (DOI: 10.1016/j.jemermed.2025.11.011), showing that the Accuro® XV musculoskeletal imaging system enables non-physician operators to acquire diagnostic-quality scans after just one hour of hands-on training.In May 2026, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of the Accuro® XV Diagnostic Ultrasound System for musculoskeletal imaging, authorizing commercial use across hospital and clinic settings.The company’s clinical program now spans eight sites nationwide with more than 1,500 patients enrolled.

The 2026 MedTech World Awards | North America, powered by Blue Goat Cyber, will be presented Monday, May 11, 2026, at the inaugural North American Awards Gala at the Hilton West Palm Beach, marking the first time the MedTech World Awards have been hosted in the United States.

About the MedTech Scale-Up of the Year Award
Presented by MedTech World, the MedTech Scale-Up of the Year category recognizes growth-stage medical technology companies demonstrating strong commercial momentum, expanding partnerships, and accelerating real-world adoption. The award is one of 22 categories spanning innovation, clinical excellence, regulatory strategy, investment, and leadership across the global MedTech ecosystem.

About RIVANNA
RIVANNA® is a medical technology company developing clinical decision-support solutions powered by proprietary clinical datasets, AI models, and purpose-built imaging hardware. The company’s platform automates complex anatomical analysis at the point of care, enabling faster, more confident clinical decisions while reducing variability and expanding access to advanced capabilities. The first applications target significant market opportunities in regional anesthesia and fracture care. RIVANNA has built a proven FDA regulatory track record across its Accuro® platform, with device clearances for Accuro® 3S (spinal needle guidance) and Accuro® XV (musculoskeletal imaging), a portfolio of supporting cleared consumables, and AI software modules advancing through regulatory review. The company is backed by 100+ patents and validated through clinical partnerships with leading academic medical centers. RIVANNA is headquartered in Charlottesville, Virginia, and operates an FDA-registered, ISO 13485:2016-certified manufacturing facility. Learn more at rivannamedical.com.

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Technology

D2L Launch Week Highlights Latest Product Releases

Published

32 minutes ago

May 5, 2026

Latest innovations are designed to save time, simplify workflows, and help drive better learning outcomes

TORONTO, May 5, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, hosted its first-ever D2L Launch Week, a four-day virtual webinar series spotlighting the company’s latest product innovations across D2L Brightspace in 2026.

Throughout the week, D2L showcased a range of product releases through live demos and practical customer use cases, highlighting how institutions, school districts and organizations can help to drive engagement and improve learning outcomes. The featured updates include enhancements to D2L Lumi for idea generation, intervention suggestions, quiz creation and summarization; tools to strengthen parent and guardian outreach; and administrative capabilities designed to help large organizations delegate course and configuration management more effectively.

“We’re proud to showcase the ways D2L continues to innovate to help make learning more personalized, efficient, and scalable,” said Christian Pantel, Chief Product Officer at D2L. “From new D2L Lumi features to enhanced communication tools and more flexible distributed administration capabilities, these updates are designed to help our customers save time, improve usability, and deliver better learning experiences at scale.”

Enhancements to D2L Lumi

Among the new capabilities were several updates to D2L’s AI-native tool, D2L Lumi, designed to improve usability, transparency, and alignment across workflows, including:

D2L Lumi Ideas: Generates assignment and discussion ideas directly within Brightspace, making it easier to generate high quality content aligned to learning outcomes.D2L Lumi Insights: Gives educators access to learning intervention suggestions, designed to provide recommended next steps based on learner data.D2L Lumi Quiz: Helps educators generate questions from multiple course content topics and includes a more streamlined question-generation workflow.D2L Lumi Summary: Supports summarization from more content sources, including nested submodules, and can give educators the ability to preview and adjust source text before summarization.

Updates to Parent and Guardian Communications

D2L also introduced new parent and guardian communication enhancements to help K-12 educators strengthen engagement beyond the classroom. Teachers can now send bulk emails to all parents and guardians associated with students in their class. For individual student outreach, teachers can also email parents and guardians of a specific learner, making it easier to share timely updates on student progress and classroom activity.

Manage Distributed Administration at Scale

Distributed Administration gives organizations more flexibility to delegate administrative responsibilities across organization levels. With Distributed Administration, administrators can manage specific areas, enabling them to oversee courses while helping to reduce bottlenecks and free up time.

Learn more about the latest product releases showcased at D2L Launch Week.

About D2L
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

D2L Media Contact
PR@D2L.com
X: @D2L
© 2026 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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Technology

Ultima Markets Celebrates 10th Anniversary

Published

32 minutes ago

May 5, 2026

10 Years of Trust. Focused on Tomorrow.

EBENE CYBERCITY, Mauritius, May 5, 2026 /PRNewswire/ — Ultima Markets Ltd (“UM”), authorised and regulated by the Financial Services Commission of Mauritius, marks its 10th anniversary under the theme, “10 Years of Trust. Focused on Tomorrow.” Since 2016, UM has transformed into a leading global brokerage.

Milestones

UM built a world-class trading space through ultra-fast tech and strict compliance, launching the UM Terminal, AI-driven MT5, and Mobile App. Key milestones include FSC Mauritius Authorisation (2023), a Willis Towers Watson partnership providing $1M fund protection, joining the UN Global Compact (2024), and securing 50+ awards by 2026.

Celebrating Lasting Partnerships

Exclusive initiatives include:

Ultimate Trader Cup: An epic trading competition to prove your edge.Ultima Loyalty Programme: A tiered system turning loyalty into long-term rewards.Ultima Partnership Programme: Leverage 10 years of market trust into lasting revenue.Inter Partnership Perks: VIP events and match access via its Inter partnership.

The Five ‘U’s

Core values guiding UM’s next decade:

User: Designing around trader needs and removing friction.United: Fostering community growth through learning.Upright: Acting transparently and ethically.Upward: Pursuing continuous product and performance growth.Upgrade: Elevating trader skills, tools, and outcomes.

Focused on Tomorrow

Guided by The Five ‘U’s, UM remains focused on tomorrow, investing in innovation, transparency, and global expansion. Building on recent advancements like Copy Trading Pro and UM Academy, its commitment is providing the ultimate trading edge and elite support worldwide.

About Ultima Markets

Ultima Markets Ltd is authorised and regulated by the Financial Services Commission of Mauritius, offering a secure, regulated CFD trading experience. As the Official Regional Partner of FC Internazionale Milano, UM unites football passion with trading knowledge. Serving 170+ countries with 1,000+ instruments, the broker is a 50+ award winner and proud UN Global Compact supporter, aligning with Sustainable Development Goals for responsible growth. The products, services and initiatives described in this press release are offered exclusively by Ultima Markets Ltd. This communication is not directed at, nor are the products and services described herein available to, residents of the United Kingdom.

Ultima Markets (UK) Limited (“UM UK”) is a distinct legal entity authorised and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom. UM UK secured its FCA authorisation in 2025. UM UK is not the subject of this press release.

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