Honeywell Announces Quantinuum LLC Plan to Confidentially Submit Draft Registration Statement for Proposed Initial Public Offering - Quantum Computing Report
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Honeywell Announces Quantinuum LLC Plan to Confidentially Submit Draft Registration Statement for Proposed Initial Public Offering Honeywell has announced that Quantinuum LLC, its majority-owned subsidiary, intends to make a confidential submission of a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This filing serves as the first formal step toward a proposed initial public offering (IPO) of Quantinuum’s common stock. While the number of shares and the price range are yet to be determined, the move marks a significant shift for the industry, as it represents the first traditional IPO for a major quantum computing firm following a period dominated by Special Purpose Acquisition Company (SPAC) listings. Quantinuum LLC was established in late 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing. The company is currently supported by a high-profile group of strategic and institutional investors, including J.P. Morgan, Amgen, IBM, Mitsui & Co., Ltd., NVIDIA, JSR Corporation, Quanta Computer Inc., and Fidelity Investments. Serendipity Capital, which has been an investor since 2020 and remains the company’s sixth-largest shareholder, characterized the announcement as a defining moment that will bring quantum technology into the mainstream for public market investors. The company’s technical roadmap is built on its H-Series trapped-ion hardware, which recently demonstrated industry-leading results in quantum error correction and logical qubit performance. This proposed IPO is expected to provide the capital required to scale its quantum charge-coupled device (QCCD) architecture toward a universal, fault-tolerant system. The offering remains subject to market conditions and the completion of the SEC’s review process, reflecting Honeywell’s long-term strategy to unlock shareholder value while maintaining a significant stake in the hardware and software provider’s future. Read the official announcement from Honeywell here. January 14, 2026 Mohamed Abdel-Kareem2026-01-14T14:41:01-08:00 Leave A Comment Cancel replyComment Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.