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Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up

Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up June 3 : Honeywell's Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering. Reuters exclusively reported the pricing details earlier in the day.

Channel News Asia 6d ago

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says

Exclusive-Honeywell's Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says June 3 : Honeywell's Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering, the source said. The company did not...

Channel News Asia 6d ago

Quantum Computing Is Having Its Public Market Moment

Quantinuum lost nearly $200 million last year, saw revenue drop the first quarter of 2026, and says its technology may never work–yet investors are clamoring to buy the stock. The quantum computer maker boosted the price and number of shares it will issue on the New York Stock Exchange ahead of its public debut on Thursday, indicating higher-than-anticipated demand. Quantum computers are a nascent technology that promise to solve problems current machines can’t, unlocking commercial...

Wired 6d ago

Science news this week: Exploding rocket overshadows NASA's next steps to the moon, 'Doomsday Glacier' faces big loss, quantum computer AI hybrid shows impressive results, and war deepens Iran's water crisis

Science news this week: Exploding rocket overshadows NASA's next steps to the moon, 'Doomsday Glacier' faces big loss, quantum computer AI hybrid shows impressive results, and war deepens Iran's water crisis May 30, 2026: Our weekly roundup of the latest science in the news, as well as a few fascinating articles to keep you entertained over the weekend Space dominated this week's science news, with NASA announcing its imminent next steps in plans to develop a permanent moon base being...

Live Science 11d ago

Quantinuum raises $1.68 billion in IPO that seeks to give quantum computing more street cred

Quantinuum is pursuing a traditional IPO, whereas many other quantum players have gone the SPAC route.

MarketWatch 6d ago

Quantinuum stock opens at $68 per share after IPO

Quantinuum opened trading at $68 per share on the Nasdaq on Thursday, after upsizing its initial offering. The company raised $1.68 billion in an upsized IPO after it priced at $60 per share, above its earlier range of $53 to $55 per share. At the first trade price, Quantinuum has a market cap of about $17.6 billion.

CNBC 6d ago

The IPO of this power generator for data centers quietly outshines Quantinuum

Innio’s stock soared in its debut, to outshine the shares of the more high-profile quantum-computing company, and Trump administration investment, Quantinuum.

MarketWatch 5d ago

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.

Bloomberg Markets 9d ago

Microsoft says new quantum chip 1,000 times more reliable than predecessor

The tech giant predicts it will have a quantum computer that can solve commercially useful problems by the end of the decade.

BBC Business 7d ago

Microsoft says new quantum chip 1,000 times more reliable than predecessor

The tech giant predicts it will have a quantum computer that can solve commercially useful problems by the end of the decade.

BBC Business 7d ago