Quantinuum aims to accelerate quantum computing by integrating state-of-the-art software with high-fidelity hardware, guided by scientists to scale operations. Their mission focuses on leveraging quantum physics to propel advancements in drug discovery, healthcare, materials science, cybersecurity, energy transformation, and climate resilience, aiming for transformative impacts across global industries. Quantinuum was founded by Ilyas Khan in 2021 and is headquartered in Broomfield, CO.

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Private Market Pricing DetailsValuation & Financings

Quantinuum Stock Price

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Last Closed Trade 2
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xx/xx/xx
Last Closed Trade Price
$xx.xx
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xx/xx/xx
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Quantinuum Funding Rounds and Valuation

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Leadership & Board

Leadership

Rajeeb Hazra Ph.D
Founder
Brian Sereda
Chief Financial Officer

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Quantinuum’s news and media highlights

Quantinuum, the world's largest integrated quantum computing company, has signed a Joint Statement of Endeavour with the STFC Hartree Centre, one of Europe's largest supercomputing centers dedicated to industry engagement. The partnership will provide UK industrial and scientific users access to Quantinuum's H-Series, the world's highest-performing trapped-ion quantum computers, via the cloud and on-premise.
Quantinuum, the world's largest integrated quantum computing company, today unveiled the industry's first quantum computer with 56 trapped-ion qubits. H2-1 has further enhanced its market-leading fidelity and is now impossible for a classical computer to fully simulate. A joint team from Quantinuum and JPMorgan Chase ran a Random Circuit Sampling (RCS) algorithm, achieving a remarkable 100x improvement over prior industry results from Google in 2019 and setting a new world record for the cross entropy benchmark.
Colorado’s quantum scene is making big strides. A Broomfield-based quantum company raised $300 million in equity on Jan. 16 with a pre-money valuation of $5 billion. A record number of companies developing hardware and software for quantum computers raised funding last year despite a decline in total deal value. The new investment puts Quaninuum's pre-money valuation at $5 billion, and brings the total capital raised by Quantinuum since inception to approximately $625 million.
Quantinuum Ltd., a quantum computing company majority-owned by Honeywell International Inc., today announced that it has closed $300 million in funding. JPMorgan Chase & Co. led the investment. It was joined by Honeywell, Tokyo-based industrial giant Mitsui & Co. and biotechnology company Amgen Inc. The investment closed at a pre-money valuation of $5 billion. The company emerged in 2021 from the merger of Honeywell’s quantum computing unit and CQC Ltd., a U.K.-based startup competitor. It offers a family of quantum computers known as the H-Series. The newest system in the lineup, the System Model H2, debuted last March and features 32 qubits.
Updated on: Nov 17, 2024

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