The MAGIC approach integrates individual qubit control directly into miniaturized ion-trap chips, using commercially available microwave technology already proven in computers and mobile phones. This avoids some of the most difficult engineering challenges in quantum hardware: laser alignment, complex cooling requirements and qubit crosstalk. eleQtron has demonstrated that MAGIC-based gate operations produce no undesired effects on neighbouring qubits, significantly reducing a key source of error.

elQtron's quantum computers are already operational and have been sold to major German research institutions. In 2023 the company supplied machines to the German Aerospace Center (DLR) under the QCI/QSea project, and in 2024 it delivered further systems to Forschungszentrum Jülich for integration into the Jülich supercomputer cluster as part of the HiQ project. The company has accumulated over €50 million in order volume and employs more than 90 international experts across offices in Siegen and Hamburg.

In May 2026 eleQtron closed a €57 million Series A, led by Schwarz Digits with participation from the European Innovation Council Fund, Earlybird, Ankaa Ventures, Precitec, NRW.BANK and IFB Innovationsstarter. The capital is being used to scale production capacity, expand cloud-based quantum computing access and advance the hardware platform.