Prnewswireยท2025-09-04 12:00Core Viewpoint - Honeywell announced a $600 million equity capital raise for Quantinuum, valuing the company at $10 billion pre-money, aimed at advancing quantum computing technology [1][3]. Company Overview - Quantinuum is recognized as the world's highest-performing quantum computer developer, focusing on commercially useful quantum computing solutions [4][11]. - The company employs over 630 staff, including more than 370 scientists and engineers, across multiple countries [11]. Investment and Partnerships - Existing shareholders, including JPMorganChase, Mitsui, and Amgen, along with new investors like MESH and Korea Investment Partners, participated in the funding round [2]. - The capital raise will support the launch of Helios, Quantinuum's next-generation quantum computing system, expected this year [3]. Technological Advancements - Quantinuum aims to achieve universal fault-tolerant computing, enhancing its leadership in the quantum computing sector [3]. - The company is collaborating with NVIDIA on breakthroughs at the NVIDIA Accelerated Quantum Research Center [5]. Strategic Collaborations - Quantinuum has formed partnerships with organizations such as RIKEN, SoftBank Corp., and Infineon to expand its quantum computing capabilities [5]. - A joint venture in Qatar will deliver advanced quantum computing infrastructure as part of a $1 billion investment over the next decade [6]. Market Impact - The company's solutions are driving scientific discoveries, economic growth, and sustainable development, positioning it as a leader in the quantum technologies industry [4][6]. - Quantinuum's advancements are expected to enhance classical artificial intelligence capabilities and contribute to next-generation technologies [5].