Quantinuum Brings Quantum-Computing-Hardened Encryption Keys to the Device Level for the First Time - Introducing Quantum Origin Onboard

Critical software-based protection for a range of connected devices

June 14, 2023

London, UK and Broomfield, Colorado, June 14th, 2023 — Quantinuum, the world’s largest integrated quantum computing company, today announced the launch of Quantum Origin Onboard, an innovation in cryptographic key generation that provides quantum computing hardened cyber protection for a wide range of connected devices by maximizing the strength of keys generated within the devices themselves.

The risk of cyberattacks compromising organizations continues to grow. As cybercriminals uncover new techniques to exploit connected systems and their data, even the cryptographic foundations of cybersecurity measures remain vulnerable to advanced threats. Cryptographic keys created using current typical methods deployed by organizations around the world are not provably unpredictable, leaving encrypted data and systems potentially at risk of devastating attacks. Quantinuum’s quantum-computing-hardened cryptographic key enhancement solution provably minimizes the risk that businesses generate and use vulnerable encryption keys to protect encrypted data.

“While quantum computing has the potential to render current encryption algorithms obsolete, posing a significant challenge to businesses and individuals alike, already today sophisticated attackers can take advantage of vulnerable encryption keys,” said Dr. Rajeeb Hazra, CEO of Quantinuum. “With our Quantum Origin Onboard and the overall Quantum Origin platform, organizations can fortify defenses across multiple endpoints and embrace the possibilities of a quantum-secure future. The next era of data security is here, and we are proud to be at the forefront as we collaborate with organizations worldwide.”

Strengthening encryption at the device level

Quantum Origin Onboard is the first and only commercially available enterprise software solution capable of delivering quantum-computing-hardened key enhancement. It can be installed directly onto devices and used to help deliver unparalleled foundational-level protection. Quantum Origin Onboard brings cutting-edge, enterprise-level security that integrates directly into connected devices without the need for additional hardware upgrades. This unique approach ensures that devices in any environment, online or offline, can generate quantum-computing-hardened keys to continually maximize the strength of encryption measures protecting devices.

Quantum Origin Onboard embeds a quantum seed, created by Quantinuum's H-Series quantum computer, into devices. The seed is a string of provably unpredictable numbers, which enhance a device's capability to generate strong and secure keys.

“Enterprises are recognizing they can build unprecedented resilience by adopting quantum-computing-hardened cryptographic keys,” said Duncan Jones, Head of Cybersecurity at Quantinuum. “This is a paradigm shift, and enterprises in critical industries are embracing the opportunity to minimize a risk to one of their attack surfaces, specifically device-level encryption on internet connected products that might be in the field for a decade.”

The growing security threat to embedded devices

The growing use of connected devices continues to underpin innovation across industries, from critical infrastructure to healthcare to transportation to energy. As adoption has risen, cybercriminals have increasingly targeted vulnerable interconnected devices, causing mass disruption. One of the most infamous examples of the power of IoT-based attacks is the Mirai malware that infected IP cameras and basic home routers, creating a botnet that compromised a leading Domain Name Systems provider, leaving many high-profile websites inaccessible.

Quantum Origin Onboard embeds an industry-leading security capability into connected devices, to strengthen device security against advanced cyber-attacks, by minimizing an exploitable cyber vulnerability. As the only software solution of its kind, it simplifies deployment and provides uninterrupted key generation for connected devices and the data they manage.

For more information, visit www.quantinuum.com/cybersecurity/quantumorigin

About Quantinuum

Quantinuum is the world’s largest quantum computing company, formed by the combination of Honeywell Quantum Solutions’ world leading hardware and Cambridge Quantum’s class leading middleware and applications. Science led and enterprise driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems, in fields such as energy, logistics, climate change, and health. The company employs over 480 people including 350 scientists, at nine sites in the US, Europe, and Japan.

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. 

June 5, 2026
Quantinuum Announces Closing of Upsized Initial Public Offering

Broomfield, CO, June 5th, 2026 — Quantinuum Inc. (Nasdaq: QNT) (“Quantinuum”) today announced the closing of its upsized initial public offering of 28,000,000 shares of its Class A common stock at an initial public offering price of $60.00 per share. All of the shares were offered by Quantinuum. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were $1.68 billion. Quantinuum’s Class A common stock is listed on the Nasdaq Global Market under the ticker symbol “QNT.”

J.P. Morgan and Morgan Stanley (in alphabetical order) acted as joint lead active book-running managers for the offering; Jefferies and Evercore ISI also acted as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen acted as joint-book running managers; and Craig-Hallum and Rosenblatt acted as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (the “SEC”) on June 3, 2026. A prospectus relating to and describing the terms of the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. The offering is being made available only by means of a prospectus. Copies of the prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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 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 as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.


Quantinuum:

Quantinuum Investor Relations
investors@quantinuum.com

(855) 888-7686

This is some text inside of a div block.
All
This is some text inside of a div block.
All
This is some text inside of a div block.
All
June 3, 2026
Quantinuum Announces Pricing of Upsized Initial Public Offering

Broomfield, CO, June 3rd, 2026 – Quantinuum Inc. (“Quantinuum”) today announced the pricing of the upsized initial public offering of 28,000,000 shares of its Class A common stock at a price to the public of $60.00 per share. Quantinuum has granted the underwriters a 30-day option to purchase up to an additional 4,200,000 shares of its Class A common stock to cover over-allotments at the initial public offering price, less underwriting discounts and commissions.

The shares of Class A common stock are expected to begin trading on the Nasdaq Global Market on June 4, 2026 under the ticker symbol “QNT.” The offering is expected to close on June 5, 2026, subject to customary closing conditions.

J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the offering; Jefferies and Evercore ISI are also acting as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen are acting as joint-book running managers; and Craig-Hallum and Rosenblatt are acting as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on June 3, 2026. The offering is being made available only by means of a prospectus. Copies of the prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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 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 as of December 31, 2025. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.

Quantinuum:

Quantinuum Investor Relations
investors@quantinuum.com
(855) 888-7686

This is some text inside of a div block.
All
This is some text inside of a div block.
All
This is some text inside of a div block.
All
June 2, 2026
Quantinuum Signs MOU with Mitsubishi Electric to Launch Strategic Quantum Computing Partnership

June 2nd, 2026, Tokyo, Japan — Quantinuum, a leading quantum computing company, announced today that it has signed a non-binding Memorandum of Understanding (MOU) with Mitsubishi Electric Corporation, a recognized global leader in the manufacturing, marketing, and sale of electrical and electronic equipment and systems, to establish a framework for a strategic partnership aiming at accelerating the development of quantum computing applications for advanced industrial engineering and design.

The agreement creates a foundation for the companies to jointly identify high-impact industrial use cases and explore quantum and hybrid quantum-classical approaches for next-generation engineering workflows. Expected initial areas of focus include computer-aided engineering (CAE), such as computational fluid dynamics (CFD), and broader simulation and design applications utilizing logical qubit operations on Quantinuum’s quantum platform.  

“We are pleased to begin this collaboration with Mitsubishi Electric as we work toward meaningful quantum utility to industrial engineering,” said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “By combining Quantinuum’s leading quantum computing capabilities with Mitsubishi Electric’s deep engineering expertise, we aim to address some of the world’s most complex design and simulation challenges.”  

Under the envisaged partnership, Quantinuum would provide Mitsubishi Electric with access to its high-fidelity trapped-ion quantum systems and expert consultation on quantum algorithm development. Mitsubishi Electric would contribute domain expertise in electromagnetic field analysis, structural analysis, and thermal fluid simulation across a wide range of industrial applications such as factory automation, energy and public utilities, air conditioning, and building systems.  

“We are delighted to initiate discussions with Quantinuum to advance a strategic quantum computing partnership under this MOU,” said Mikio Takabayashi, Senior General Manager, Information Technology R&D Center of Mitsubishi Electric. “By integrating manufacturing expertise with digital insights, we aim to evaluate the feasibility and potential applications of quantum technologies in industrial engineering, while generating new ideas and exploring use cases that have the potential to contribute to society and the environment.”

The MOU reflects a shared recognition that near-term engagement with quantum computing may create long-term strategic advantages as the technology continues its advance toward commercial adoption. The companies believe that organizations that act early will be better positioned to help shape use cases, build proprietary expertise and secure intellectual property rights, and help secure access to emerging quantum infrastructure and amid growing demand.

Through the MOU, the companies will evaluate opportunities for future collaboration that have the potential to accelerate technological innovation and create sustained value for global industry.

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 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.[1] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets.

The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team hold 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.  

For more information, please visit www.quantinuum.com.  

About Mitsubishi Electric Corporation

Guided by its corporate philosophy, Mitsubishi Electric Corporation (TOKYO: 6503) places sustainability at the core of its operations and values stakeholder trust—encompassing society, customers, shareholders and employees. In pursuing profitability, capital efficiency and growth, Mitsubishi Electric works closely alongside customers to develop value-added solutions that address today’s complex challenges while enhancing the company’s sustainable corporate value. Founded in 1921, Mitsubishi Electric has over a century of experience in delivering reliable, high-quality products and solutions. With over 200 group companies and approximately 150,000 employees worldwide, the company is a recognized global leader in manufacturing, marketing and selling electrical and electronic equipment and systems across a broad range of sectors, including public utility systems, energy systems, defense and space systems, factory automation systems, automotive equipment, building systems, air conditioning systems & home products, digital innovations, and semiconductor & devices. Mitsubishi Electric recorded consolidated revenue of 5,894.7 billion yen (U.S.$ 36.8 billion*) in the fiscal year that ended on March 31, 2026. For more information, please visit www.MitsubishiElectric.com

*JPY 160=USD 1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2026

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. 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] As of December 31, 2025.

This is some text inside of a div block.
All
This is some text inside of a div block.
All
This is some text inside of a div block.
All