Looking for a new quantum stock? Honeywell plans an IPO of its Quantinuum business.

Honeywell is spinning off its quantum computing division, Quantinuum, through a planned initial public offering (IPO), marking a major move in the commercial quantum sector. The company filed confidentially with the SEC, signaling an accelerated push toward public markets for its advanced quantum technologies and trapped-ion systems. This IPO follows Honeywell’s 2021 merger of its quantum unit with Cambridge Quantum, forming Quantinuum to compete with IBM, Google, and IonQ in the race for scalable quantum solutions. The timing aligns with growing investor interest in quantum computing as industries from finance to pharma seek breakthroughs in optimization, cryptography, and material science. If successful, the listing would provide Quantinuum with capital to scale its hardware and software, potentially reshaping the quantum landscape amid intensifying global competition.