Core Viewpoint - Honeywell International is planning an initial public offering (IPO) for its quantum computing unit, Quantinuum, which focuses on providing end-to-end quantum solutions by integrating both hardware and software [1][2]. Company Overview - Honeywell is a diversified industrial technology company with a history dating back to 1906, operating in sectors such as aerospace technology, building automation, energy and sustainability solutions, and software and digital solutions [4]. - The company has a market capitalization of $136.5 billion and has seen a 5% increase in stock value over the past year, with a dividend yield of 2.23% and a payout ratio of about 43% [5]. Quantinuum's Value Proposition - Quantinuum is valued at approximately $10 billion and is positioned to capitalize on the growing quantum computing industry, which is expected to exceed $1 trillion in economic potential by 2035 [6]. - The unit's full-stack approach, which includes both hardware and software, along with its development of H-Series trapped-ion quantum computers, provides a competitive edge in the market [7]. - Quantinuum's systems have achieved world records in quantum volume, with the System Model H2 being recognized as one of the most powerful quantum machines globally [7].