Quantinuum Completes Hardware Upgrade; Achieves 20 Fully Connected Qubits

The newly upgraded H1-1 quantum computer has undergone extensive testing to verify performance and functionality, including by customer JPMorgan Chase, which has published its results

June 14, 2022

Broomfield, Colorado, June 14th, 2022 — Quantinuum today announced a major upgrade to its System Model H1 technology that includes expanding to 20 fully connected qubits and increasing the number of quantum operations that can be completed in parallel.

The improvements significantly bolster the computational capabilities of the H1-1 quantum computer, Powered by Honeywell, which has set numerous industry records for quantum volume, a measure of overall performance, since debuting in fall 2020.

“With these upgrades, developers are able to run more complex calculations than they could before, without sacrificing performance,” said Tony Uttley, Quantinuum’s President and Chief Operating Officer. “This upgrade is yet another example of our unique business model of continuously upgrading our systems, even after they are in commercial use, to provide the best performance to our users.”

The upgraded system has undergone extensive testing by internal and external users to verify performance and functionality, including a private preview with JPMorgan Chase.

“The quantum computing team at JPMorgan Chase has been using Quantinuum’s quantum computer to run experiments that use mid-circuit measurement and reuse and quantum conditional logic, taking advantage of the computer’s very high quantum volume,” said Marco Pistoia, Ph.D., Distinguished Engineer and Head of Quantum Computing and Communication Research in the bank. “In our experiments, we used the 20 qubits of the H1-1 computer on a quantum Natural Language Processing algorithm for extractive text summarization. The results were almost identical to the reference values computed with a noiseless simulator, validating the computer’s high fidelity, as shown in our recent arXiv preprint. Thanks to this, the Quantinuum computer continues to be an essential resource for our research in Quantum Computing.”

Several upgrades were made by the Quantinuum team to the H1-1 machine, including:

  • Increasing the number of fully connected qubits from 12 to 20 while simultaneously preserving its low two-qubit gate errors (typical performance fidelities of 99.7 percent with fidelities as high as 99.8 percent) and critical features such as mid-circuit measurement, qubit reuse, quantum conditional logic and all-to-all connectivity.
  • Increasing the number of gate zones from three to five, enabling the H1-1 to complete more quantum operations simultaneously and allowing increased parallelization in circuit execution.

Uttley said such upgrades prove an important next step in the H-Series roadmap - the ability to increase the qubit count and number of gate zones without compromising gate fidelity.

The second version of the System Model H1, the H1-2, is scheduled to undergo similar upgrades later this year.

“These latest advances show that we understand what it takes to scale our trapped-ion quantum hardware and that we’re continuing to make the expected progress on our technology roadmap,” Uttley said. “We are adding qubits and maintaining fidelity without compromising any features, which is absolutely essential as we scale to our future H-Series generations.”

Quantinuum uses the System Model H1 machines to develop fully integrated solutions such as Quantum Origin, its cybersecurity offering, and InQuanto, its recently released quantum computational chemistry software. (Access to the H1 machines is offered with licenses to InQuanto software.)

Quantinuum also provides commercial access to its trapped ion quantum computers H1-1 and H1-2, as well as the H1 Emulators through Microsoft’s Azure Quantum.

“The continuous upgrading of Quantinuum’s systems has been a great benefit to Microsoft customers. Microsoft is pleased to offer the new capabilities of H1-1 with 20 qubits to customers who access Quantinuum's H-Series Systems through Microsoft Azure Quantum and our Azure Quantum Credits program which provides free access to quantum hardware for customers,” said Fabrice Frachon Azure Quantum Principal Program Manager.

About Quantinuum

Quantinuum is the world’s largest integrated quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world-leading hardware and Cambridge Quantum’s class-leading middleware and applications.

Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. The company’s open-source developer toolkit TKET provides platform-inclusive access to the world’s leading quantum hardware and simulators and enhances the performance of every Quantinuum product. Quantinuum employs over 400 people including 300 scientists, at eight sites in the U.S., Europe, and Japan.

Powered by Honeywell, Quantinuum’s System Model H1 hardware technology was the first to pass the industry standard quantum volume 4096 benchmark. In March 2020, Quantinuum (as Honeywell Quantum Solutions) committed to increasing the quantum volume of its commercial H-Series by an order of magnitude each year for the next five years.

The Honeywell Trademark is used under license from Honeywell International Inc. Honeywell International Inc. makes no representations or warranties with respect to this product. This product is produced by Quantinuum. ‍

About Quantinuum

Quantinuum, the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents. 

September 11, 2026
Quantinuum to Participate in the Piper Sandler 5th Annual Growth Frontiers Conference

BROOMFIELD, Colo., September 11, 2026 - Quantinuum Inc. (Nasdaq: QNT) (the “Company”), a leading quantum computing company, today announced that members of its management team will participate in the Piper Sandler 5th Annual Growth Frontiers Conference, taking place September 14–16, 2026, in Nashville, Tennessee.

Quantinuum will participate in a fireside chat and host one-on-one meetings with investors during the conference.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally.

The company has a global workforce of approximately 800 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

Contacts

Investor & Media Contact

Shub Mukherjee - Investor Contact - investors@quantinuum.com

Aaron Sorenson - Media Contact - press@quantinuum.com

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September 8, 2026
Quantinuum Finalizes $100 Million CHIPS R&D Award with U.S. Department of Commerce to Advance Trapped-Ion Quantum Computer Manufacturing in the US
  • The federal funding supports critical R&D and U.S. quantum semiconductor manufacturing capabilities needed to scale fault-tolerant trapped-ion quantum computing.
  • Company partnering with GlobalFoundries to fabricate next-gen ion traps and control electronics, and Monarch Quantum to develop and manufacture reliable lasers and optical components.

Washington, D.C. – September 8, 2026 – Quantinuum (Nasdaq: QNT), a leading quantum computing company, today announced it has finalized an agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million in federal funding deployed through the CHIPS and Science Act. The award, which follows a letter of intent announced in May, supports R&D and U.S. quantum semiconductor manufacturing capabilities needed to deploy large-scale, fault-tolerant trapped-ion quantum computers.

Quantinuum, which was the only company with a trapped-ion based architecture to be awarded CHIPS R&D funding, develops the world’s most accurate commercial1 computers with industry-leading error correction fidelity.2  The company leverages established semiconductor manufacturing processes to help ensure reliability, repeatability, and scalability of the company’s current and future quantum computers.

“This award is a validation of Quantinuum’s leadership in trapped-ion quantum computing," said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “Together with our domestic partners, we are building the technology and supply-chain foundation needed to scale fault-tolerant systems and strengthen America's leadership in this strategically important field.”        

The award will support R&D that the company expects to help strengthen and diversify its supply chain, adding onshore partners GlobalFoundries and Monarch Quantum. GlobalFoundries will be one of several of Quantinuum’s foundries enlisted to fabricate its next-generation ion traps and other electronics, specifically focused on using 300mm wafer technology; Monarch Quantum plans to develop and manufacture scalable, reliable lasers and optical components required for Quantinuum’s trapped-ion systems.

“As quantum computing moves closer to commercial scale, manufacturing will be critical to unlocking its full potential,” said Tim Breen, CEO of GlobalFoundries. “GlobalFoundries is proud to partner with Quantinuum to help scale their trapped-ion technology. By bringing our expertise in high-volume, differentiated semiconductor manufacturing, we're helping create a path to more scalable, reliable quantum hardware and advancing the next generation of American innovation.”

“The road to large-scale, trapped-ion quantum computers relies on moving away from complex, sprawling optical setups to scalable, reliable integrated photonics engines," said Dr. Timothy Day, CEO of Monarch Quantum. "We are honored to expand our partnership with Quantinuum to advance their hardware roadmap and to help strengthen U.S. leadership in quantum computing manufacturing and supply chain resilience.”

Together, these efforts are intended to reduce system complexity and improve component robustness, reliability, and reproducibility, ultimately supporting the continued scaling of trapped-ion quantum computers, while strengthening domestic capability across critical photonics and semiconductor manufacturing.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity.3  Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of over 800 employees, including top scientists and researchers. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore. For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. For additional information on these and other risks that could affect Quantinuum’s forward-looking statements, see Quantinuum’s risk factors discussed in its filings with the U.S. Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the period ended June 30, 2026, as such risk factors may be updated from time to time. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

1 Based on physical two-qubit gate fidelity as of December 31, 2025, according to the 2025 Ransford et al. study.
2 As of February 25, 2026, according to the 2026 Dasu et al. study.
3 As of December 31, 2025.

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September 4, 2026
Quantinuum to Participate in the Bernstein 23rd Annual Pan-European Strategic Decisions Conference

BROOMFIELD, Colo., September 4, 2026 - Quantinuum Inc. (Nasdaq: QNT) (the “Company”), a leading quantum computing company, today announced that members of its management team will participate in the Bernstein 23rd Annual Pan-European Strategic Decisions Conference, taking place September 9–10, 2026, in London, United Kingdom.

Quantinuum will participate in a fireside chat and host one-on-one meetings with investors during the conference.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally.

The company has a global workforce of approximately 800 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

Contacts

Investor & Media Contact

Shub Mukherjee - Investor Contact - investors@quantinuum.com

Aaron Sorenson - Media Contact - press@quantinuum.com

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