Private Company (Honeywell majority-owned)
Appears in 2 stories
Trading on Nasdaq under QNT as of June 4, 2026, after a 20x-oversubscribed IPO that raised $1.68 billion at $60 per share; Honeywell retains 48% of voting power; named CHIPS Act recipient for up to $100 million
Quantinuum began trading on Nasdaq under the ticker QNT on June 4, after pricing its IPO at $60 per share. The offering was 20 times oversubscribed and raised $1.68 billion, the largest public-market raise in quantum hardware history.
Updated Jun 4
Filed confidential IPO registration targeting $20B+ valuation
D-Wave Quantum closed its $550 million acquisition of Quantum Circuits in January 2026, adding Yale's dual-rail qubit technology to its quantum annealing platform. The deal is part of a nine-month consolidation spree: IonQ spent $1.08 billion on Oxford Ionics in June 2025 and announced a $1.8 billion SkyWater Technology acquisition in January 2026.
Updated May 19
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