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Quantum computing company Quantinuum is seeking to raise about $1.05 billion in its Nasdaq IPO at a valuation near $12.7 billion, with the U.S. government expected to purchase a $100 million stake.
The Trump administration is distributing $2 billion in grants across nine quantum computing companies, triggering premarket rallies of up to 25% in several quantum-related stocks.
Quantinuum, Honeywell’s quantum computing unit, has confidentially filed for a U.S. IPO, signaling growing investor interest in next-generation computing.
Quantum computing stocks surged after Nvidia unveiled new AI models designed to accelerate the technology, boosting investor optimism across the sector.
Finland-based IQM is set to go public at a $1.8 billion valuation, becoming one of Europe’s first listed quantum computing companies. The move marks a milestone for the region’s emerging deep-tech sector.
IBM launches its Quantum Nighthawk processor, aiming to achieve quantum advantage over classical computing by 2026.