Quantinuum Names Rajeeb (Raj) Hazra Chief Executive Officer

Further strengthening its management and leadership team as it extends its global leadership position

February 14, 2023
  • Hazra will help Quantinuum, the largest standalone integrated quantum computing company in the world, in its mission to accelerate quantum computing as it enters a period of rapid scaling.
  • Current CEO and founder Ilyas Khan remains in the leadership team and will focus on product development and innovation as Chief Product Officer. He also remains a member of Quantinuum’s board of directors and will take up the position of Vice Chairman. 
Rajeeb Hazra

Tokyo, Japan, Cambridge, UK, Broomfield, Colorado, February 14th, 2023 — Quantinuum today announced that Rajeeb (Raj) Hazra has been appointed to the role of Chief Executive Officer (CEO) of Quantinuum, effective immediately. In stepping down, current Quantinuum CEO Ilyas Khan will remain a leader in the company. He remains a member of the board of directors and will now become Vice Chairman. In addition, he will remain a full-time senior executive of the company and drive product development and innovation as Quantinuum’s first Chief Product Officer – a role that Khan is deeply passionate about.  

Hazra has more than three decades of experience in supercomputing, quantum, and technical roles across the globe. He will work closely with Khan and the executive team to accelerate quantum computing and advance the commercialization of the company. He takes over the leadership of an organization that currently has more than 480 people, driving breakthroughs in drug discovery, healthcare, materials science, cybersecurity, energy transformation and climate change. 

“Raj is uniquely qualified for this role, having proven his technical abilities in advanced technologies and supercomputing in both small and large organizations,” said Khan. “His vision and leadership skills are exactly what we need to continue to accelerate our impact in the quantum computing sector, as well as society as a whole. He has an entrepreneurial spirit, a strategic mindset, a passion for software and hardware technologies, as well as leadership experience in developing new commercial opportunities for quantum computing. He will continue to ensure that Quantinuum is ‘science-led, enterprise driven.’ I look forward to partnering with Raj as we create knowledge and real solutions for the world’s most pressing challenges.”  

“With Raj at the helm, Quantinuum is well positioned to continue to expand its influence on the emerging quantum business sector, and make an impact on real challenges,” noted Darius Adamczyk, Quantinuum’s Chairman of the Board. “The time is perfect to bring Raj into the company, as we build momentum to drive the next chapter of quantum industries. He will help the company drive high-speed innovation and entrepreneurship in the quantum industry. I’m also grateful to Ilyas for his continued leadership in his new position, and thankful that he will still bring his energy to making Quantinuum successful.” 

“I’m honored to step into the CEO role, where I’m excited to focus on helping Quantinuum grow and drive the innovations that will transform the way quantum computing positively impacts the world,” Hazra said. “By building on the solid foundation that Ilyas and the team have laid, we will continue to accelerate Quantinuum into the future.”  

“We are excited to take this next step forward in what is an important moment in the quantum computing industry,” said President and Chief Operating Officer, Tony Uttley. “We will continue to work with our customers and partners to eventually solve some of the world’s most intractable problems that conventional computing doesn’t allow, while at the same time continuing to meet our existing commitments.” 

Hazra was most recently Senior Vice President and General Manager, Compute and Networking Business Unit, and previously Senior Vice President, Corporate Strategy and Communications, at Micron Technology (Nasdaq: MU) where he was based in San Jose, California. There, he created the Corporate Strategy Office, working closely with the CEO staff to define and implement a five-year strategic plan for the company. As General Manager of the company’s largest and most profitable business unit, he was responsible for a more than $12 billion annual P&L and a worldwide team across the US, Europe, and Asia in business operations, market development, and customer support functions.

He previously spent 25 years at Intel Corporation, leading the Enterprise and Government Group, Technical Computing Group, Supercomputer Architecture and Planning, and Systems Technology Research. There he transformed the organization to focus on a world of hybrid, multi-cloud infrastructure, resulting in new products and partnerships. He also transformed the business to achieve growth after several years of decline with first-ever strategies to harness the move to hybrid multi-cloud and enterprise use of artificial intelligence and machine learning. He also has deep technical experience leading teams of several hundred researchers spread over multiple geographies. 

Raj has a Ph.D. and a Master of Science in Computer Science from the College of William and Mary in Virginia, U.S., and a Bachelor of Science in Computer Science from Jadavpur University in Kolkata, India. 

About Quantinuum

Location: Cambridge, U.K., Broomfield, Colorado, U.S.A.

Established: December 2021 (through the merger of Honeywell Quantum Solutions (U.S.) and Cambridge Quantum Computing (U.K.))

Quantinuum is one of the world’s largest integrated quantum computing companies, 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 individuals, including 350 scientists, at nine sites across the United States, 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 21, 2026
Quantinuum Announces Strategic Collaboration with HPE on Quantum-HPC Integration for Enterprise
  • Strategic collaboration aims to establish framework for combining quantum computing with HPC and AI environments
  • The collaboration will engage enterprise customers seeking hybrid quantum-classical solutions across high-value scientific and industrial use cases

Broomfield, CO and Houston, TX, June 22nd, 2026 — Quantinuum (NASDAQ:QNT), a leading quantum computing company, today announced a strategic collaboration with HPE focused on integrating quantum computing with high-performance computing (HPC) and AI infrastructure.

“We envision a future where quantum computers work seamlessly with classical computers to unlock scientific discovery and practical, real-world value for industries,” said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “As a leader in trapped-ion quantum computing, we look forward to integrating our high-fidelity systems with leading classical architectures. This collaboration with HPE represents an important step in our broader ecosystem approach to delivering practical, hybrid solutions to our enterprise, public sector, and research customers.”

The strategic collaboration is intended to develop quantum computing technologies that become a practical extension of a customer’s HPC and AI strategy. Together, the companies will explore hybrid reference architectures, validate application workflows, and engage with select customers on approaches that combine quantum technology with large-scale classical environments.

“Accelerating scientific and industrial discovery requires a deeply integrated, hybrid approach that brings together the best of classical supercomputing, AI, and quantum technology,” said Masoud Mohseni, Director of HPE Quantum and Senior Distinguished Technologist at HPE Labs. “Through this collaboration with Quantinuum we will be integrating our systems  toward a scalable infrastructure for classical-quantum applications.”

Under the collaboration, Quantinuum will provide access to quantum systems, technical expertise, and its developer environment, while HPE will contribute high performance computing systems and large-scale deployment capabilities and expertise. Together, the companies plan to collaborate on technical integration, interoperability, benchmarking, proposal development, and customer engagement.

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 holds PhDs and 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.

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.

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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

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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

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