Home / Business and Economy / Quantinuum Aims for $12.7B IPO Amid Quantum Computing Frenzy
Quantinuum Aims for $12.7B IPO Amid Quantum Computing Frenzy
5 Jun
Summary
- Quantinuum targets up to $12.7 billion valuation in U.S. IPO.
- Company plans to raise $1.05 billion through share sales.
- Quantinuum reported a net loss of $192.6 million in 2025.
Honeywell's Quantinuum is seeking a valuation of up to $12.7 billion for its U.S. initial public offering, with plans to raise $1.05 billion by selling approximately 21.05 million shares at $45 to $50 each. This follows a September funding round that valued the company at $10 billion.
The company's move taps into heightened investor interest in quantum computing and other critical technologies, even amidst geopolitical uncertainty. It also comes shortly after the U.S. administration announced significant investments in quantum computing companies, including a $100 million grant for Quantinuum.
Quantinuum, formed in 2021 from a Honeywell separation and merger with Cambridge Quantum, reported a net loss of $192.6 million on revenues of $30.9 million in 2025, an increase from the previous year's net loss of $144.1 million on revenues of $23 million. J.P. Morgan and Morgan Stanley are managing the IPO, and Quantinuum will trade on the Nasdaq as "QNT."
