Quantinuum Named Winner in Fast Company’s 2024 Next Big Things in Tech Awards

The System Model H2 quantum processor hailed as the ‘Next Big Thing in Tech’ at the fourth annual Fast Company Awards.

November 19, 2024

Broomfield, Colorado, November 19th, 2024 — Quantinuum, the world’s largest and leading integrated quantum computing company, has been recognized by Fast Company as a winner in the 2024 Next Big Things in Tech Awards in the Computing, Chips, and Foundational Technology category. In its fourth year, the list honors technology breakthroughs that promise to shape the future of our society. This prestigious accolade underscores Quantinuum’s advancements with its System Model H2 quantum processor, the latest in a series of groundbreaking announcements.

Quantinuum’s H2 Quantum Processor: A Breakthrough in Quantum Computing

Launched in 2023 and upgraded in 2024, the H2 quantum processor represents a major advancement in quantum computing. As the most benchmarked system with the highest quantum volume in the industry, H2 is a testament to Quantinuum’s path in leading the world to universal, fully fault tolerant quantum computing future.

"The System Model H2 represents a significant leap in computing, demonstrating capabilities that can no longer be fully simulated by classical computers." said Dr. Rajeeb Hazra, President & CEO of Quantinuum. "Its unique design has led to significant achievements, including the creation of 12 reliable logical qubits and a 100-fold enhancement in a key quantum computing benchmark, Random Circuit Sampling (RCS). These results have made our systems integral to hybrid quantum computing workflows, combining our high performing quantum systems with leading AI and HPC solutions.” 

These innovations have the potential to revolutionize fields like chemistry, drug discovery, and financial forecasting, demonstrating the far-reaching implications of Quantinuum's work.

Roadmap to Universal, Fully Fault Tolerant Quantum Computing

Quantinuum recently unveiled its accelerated roadmap to achieve universal fault-tolerant quantum computing in 2029. This integrated path not only emphasizes hardware advancements but also focuses on critical software capabilities that are essential for delivering full-stack quantum computing and hybrid quantum computing solutions.  

Quantinuum’s next system, Helios, will launch in 2025 with 96 qubits and will help to unlock scientific advances that will surpass classical computing results.

About Quantinuum

Quantinuum, the world’s largest integrated quantum computing 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. 

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. 

May 8, 2026
Honeywell Announces Quantinuum’s Filing of Registration Statement for Proposed Initial Public Offering

Source: PRNewswire - Honeywell

Charlotte, N.C., May 8th, 2026 — Honeywell (NASDAQ: HON) today announced that Quantinuum, a leading, full-stack quantum computing company, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering of shares of its Class A common stock.

The number of shares to be offered and the price range for the proposed offering have not yet been determined. Quantinuum intends to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “QNT.”

J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the proposed offering. Jefferies and Evercore ISI are also acting as active book-running managers.

The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

The proposed offering will be made available only by means of a prospectus. Copies of the preliminary prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 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, NY 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, NY 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

The registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall 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. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.

About Honeywell

Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Forge IoT platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations through our Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability Solutions business segments that help make the world smarter, safer, as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

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, and Singapore.

Contacts:

Media
Stacey Jones
(980) 378-6258
Stacey.Jones@honeywell.com

Investor Relations
Mark Macaluso
(704) 627-6118
Mark.Macaluso@honeywell.com

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May 5, 2026
Quantinuum and BMW Group Expand Landmark Quantum Computing Collaboration with New Multi-Year Partnership
  • The companies plan to continue their co-creation partnership to advance future mobility
  • BMW to access the latest generations of Quantinuum systems throughout the partnership
  • Advanced materials science research supports a range of next-generation technologies

Broomfield, Colorado, May 5th, 2026 — Quantinuum and BMW Group have formally expanded their ongoing collaboration into a multi-year partnership with a mission to unlock future mobility by applying quantum computing toward advanced materials science.

Since 2021, Quantinuum and BMW Group have been collaborating on joint research focused on tackling complex challenges in industrial chemistry to support the advancement of next-generation mobility. The collaboration has progressed from foundational algorithm development to advanced simulations of molecular systems, allowing the researchers to unlock insights into catalytic activity, reaction pathways, and material performance in energy-relevant environments.

The companies have now agreed to extend the work, positioning the alliance to become one of the longest-sustained commitments between a commercial enterprise and a quantum computing provider to date.

“Quantinuum is focused on driving commercial adoption of quantum computing through close collaboration with industry leaders on high-impact applications," said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “Our expanded partnership with the BMW Group underscores this focus, and we’re excited to scale the meaningful work we’ve been advancing together.”

Researchers at BMW Group are utilizing Quantinuum's trapped-ion architecture, which provides the high-fidelity operations necessary to accurately simulate molecular systems, particularly electrochemical processes that play a critical role across a range of technologies relevant to sustainable mobility and the design and optimization of fuel cells.

Under the terms of the agreement, BMW Group will leverage successive generations of Quantinuum’s quantum computers. This includes the current Helios system and upcoming generations, Sol (planned for 2027) and Apollo (planned for 2029). This will enable the teams to validate progress at each stage while scaling toward industrially meaningful solutions.

“We have been exploring quantum computing for many years,” said Dr. Martin Tietze, Vice President of New Technologies at BMW Group. “Together with partners such as Quantinuum, we translate advances in quantum hardware into real‑world applications, including materials optimization, supporting the development of future vehicle generations.”

Quantinuum’s progress toward large-scale, fault-tolerant systems helps to ensure that as the hardware reaches milestones in performance, BMW can apply that computational power to catalyst chemistry research, targeting critical oxygen reduction reaction processes at platinum catalysts to potentially lower costs and improve energy efficiency.

The companies broke new ground in 2024, alongside another commercial partner, as the first to simulate catalytic performance using a quantum computer with results published in Nature Partner Journal.

Beyond its technical achievements, the collaboration has evolved into a deeply connected, cross-disciplinary effort, bringing together quantum scientists, chemists, and engineers in a sustained partnership that reflects both the complexity of the challenge and the scale of the ambition.

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.[i] 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, and Singapore.  

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

[i] As of December 31, 2025.

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April 22, 2026
Honeywell Announces Quantinuum’s Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Source: PRNewswire - Honeywell

Charlotte, N.C., April 22nd, 2026 — Honeywell (NASDAQ: HON) today announced that Quantinuum LLC (“Quantinuum” or the “Company”), which is majority owned by Honeywell, confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the “SEC”) on February 17, 2026, relating to the proposed initial public offering of Quantinuum’s common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC’s review process.

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the “Securities Act”), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities, will be made in accordance with the registration requirements of the Securities Act.

Contacts:

Media
Stacey Jones
(980) 378-6258
Stacey.Jones@honeywell.com

Investor Relations
Mark Macaluso
(704) 627-6118
Mark.macaluso@honeywell.com

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