Honeywell-Backed Quantinuum Is Close to Filing for IPO - Bloomberg.com

Honeywell-backed quantum computing firm Quantinuum is preparing to file for an initial public offering (IPO) in early 2026, marking a major milestone for the commercial quantum industry. The IPO follows Quantinuum’s rapid expansion, driven by its hybrid quantum-classical systems and advancements in error correction, positioning it as a leader in near-term quantum applications. Sources indicate the company aims to leverage public markets to accelerate R&D and commercialization, targeting enterprise clients in finance, logistics, and materials science. Quantinuum’s valuation could exceed $5 billion, reflecting investor confidence in its proprietary trapped-ion technology and strategic partnerships with Fortune 500 firms. The move signals growing maturity in quantum computing, as startups transition from R&D phases to scalable commercial deployments amid intensifying global competition.