BioNTech Chairman Helmut Jeggle joins the Board of IQM Quantum Computers

MUNICH--26 Mar--PRNewswire/InfoQuest

IQM Quantum Computers (IQM) announced today that Helmut Jeggle has joined IQM?s board of directors. He joins the company during a

transformational phase. After successfully closing its Series A funding round and selling its first quantum computer, IQM is now ready to

lead the European and global ecosystems with a focus on Germany.

"I am extremely excited that Helmut has accepted our invitation to join IQM's board of directors. He has an established track record in

building technology businesses and brings in decades of experience in creating global tech giants. He was closely involved in Hexal's

business and he has supported BioNTech on its journey towards establishing itself as a global company for more than a decade. We look

forward to his contributions in maximizing the potential of IQM and become a global leader for quantum computers," said Jan Goetz, CEO of

IQM.

Helmut Jeggle joins IQM at a critical juncture in the company's development following his investment in the company as part of the series A

financing round in 2020 via his investment vehicle Salvia GmbH. With the recent financing round, IQM is in a leading position to build a

quantum computer in Germany and create value through its novel co-design approach.

"The amount of data that needs to be processed is one of the limiting factors in many industries. Quantum computers and alternate

technologies provide the opportunity to leverage big data more rapidly and efficiently. One exciting application could also be to accelerate

and streamline drug development processes. IQM is already building Finland's first quantum computer and is also the leading system

integrator in Europe. The German project Digital-Analog Quantum Computing (DAQC) is a testament to how the German government can work

together with startups, academia, research and industry partners, to establish Europe as a quantum leader. With IQM, our objective is to

develop a deep-tech idea into a global business leader," said Helmut Jeggle.

Helmut Jeggle held various positions with Hexal AG, including Head of Business Planning & Analyses. He is General Manager of ATHOS Service

GmbH, the Struengmann brothers' family office and also a member of numerous supervisory boards.

Helmut joins the IQM board, which is chaired by Dr. Axel Thierauf. Other board members include Dr. Mikko Vaelimaeki, Herbert Mangesius, and

Dr. Kuan Yen Tan.

About IQM Quantum Computers:

IQM is the European leader in superconducting quantum computers, headquartered in Espoo, Finland. Since its inception in 2018, IQM has grown

to 90+ employees and has also established a subsidiary in Munich, Germany, to lead the co-design approach. IQM delivers on-premises quantum

computers for research laboratories and supercomputing centers and provides complete access to its hardware. For industrial customers, IQM

delivers quantum advantage through a unique application-specific co-design approach. IQM has raised EUR 71 million through private and

public funding and was recently awarded EUR 12.4 million by the German Ministry of Education and Research to commercialize

application-specific quantum processors. For more information, visit www.meetiqm.com.

Registered offices:

IQM Finland Oy   IQM Germany GmbH      

Keilaranta 19    Nymphenburger Str 86  

02150 Espoo      80636 Muenchen        

Finland          Germany               

www.meetiqm.com  www.meetiqm.com/de/

Contacts:

Jan Goetz, CEO, IQM Quantum Computers

Jan@meetiqm.com

Media Contact:

Raghunath Koduvayur, Head of Marketing and Communications

Raghunath@meetiqm.com 

+358504876509

About Salvia:

Salvia is a private investment company founded and managed by Helmut Jeggle. Salvia invests in the areas of life science, digital health and

deep tech, among others, mainly as a business angel, but also in later stages as a venture capitalist.

IQM: Facts and Figures

IQM offices: Espoo, Finland (Headquarters), and Munich, Germany.Number of employees currently (March 2021): 90+ employees.Funding: Over EUR

71 Million from private investors and public entities.Founding Year: 2018 

Founders:

Dr. Jan Goetz, CEO, Co-founder of IQMDr. Kuan Yen Tan, CTO, Co-founder of IQMProf. Mikko Moettoenen, Chief scientist, Co-founder of IQMDr.

Juha Vartiainen, COO, Co-founder of IQM

Photo - https://mma.prnewswire.com/media/1473080/IQM_Helmut_Jeggle.jpg  

Photo - https://mma.prnewswire.com/media/1473081/IQM_Quantum_computer_design.jpg  

Logo - https://mma.prnewswire.com/media/1121497/IQM_Logo.jpg

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