Honeywell-Backed Quantinuum
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Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion
A Quantinuum model H2 quantum computer during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang's spree of deals catapults the artificial intelligence frenzy to new heights.
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO
Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO
Quantinuum Inc. signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., raised $1.68 billion in its upsized US initial public offering, demonstrating growing investor enthusiasm for the emerging technology.
Honeywell-Backed Quantinuum Boosts IPO Target to $1.46 Billion
A Quantinuum model H2 quantum computer during the Nvidia GTC (GPU Technology Conference) in Washington, DC, US, on Wednesday, Oct. 29, 2025. Nvidia Corp. achieved a historic $5 trillion market capitalization on Wednesday as Chief Executive Officer Jensen Huang's spree of deals catapults the artificial intelligence frenzy to new heights.
Honeywell's Quantinuum set to open higher in Nasdaq debut after upsized IPO
Honeywell's Quantinuum set to open higher in Nasdaq debut after upsized IPO June 4 : Shares of Honeywell-backed Quantinuum were indicated to open 1.67 per cent above their initial public offering price in their Nasdaq debut on Thursday, giving the quantum computing company a potential valuation of about $15.82 billion. The stock was last indicated to trade at $61, compared with its IPO price of $60. Breakthroughs in the fast-growing technology have spurred bets that quantum machines could...
Honeywell’s quantum company goes public. What investors should know about the IPO
Honeywell-backed Quantinuum saw shares jump as much as 19% to over $71 each in their Thursday debut. The quantum company's stock closed well off those highs, up less than 1%, bringing the market cap to $15.66 billion. Roughly 28 million Quantinuum shares were priced at $60 apiece Wednesday night, above its previous expected range of $53 to $55.