NVIDIA Corporation partner Quantinuum (QNT.US) applies for listing Quantum computing track heats up again.

Quantinuum, a quantum computing developer spun off from Honeywell International Inc. (HON.US), filed with the Securities and Exchange Commission (SEC) last Friday, planning to raise up to $1.5 billion through an initial public offering (IPO). Quantinuum is dedicated to developing quantum computing systems and software, with the goal of commercializing quantum technology for use in enterprises and government agencies. The company believes that future computing will be hybrid in nature, combining classical processors, GPU-based accelerated computing, and quantum processing units to address problems that traditional systems cannot efficiently solve. Its business includes hardware and software development, with target applications including artificial intelligence, cybersecurity, drug discovery, and materials science. According to media reports from September last year, NVIDIA Corporation's venture capital division made its first investment in Quantinuum, valuing the quantum computing company at $10 billion. Quantinuum had previously collaborated with NVIDIA Corporation, participating in the establishment of the "Accelerated Quantum Research Center" in Boston, which aims to advance quantum computing technology. Founded in 2021 and headquartered in Broomfield, Colorado, the company generated $36 million in revenue in the 12 months ending on March 31, 2026. The company plans to list on the Nasdaq under the stock symbol "QNT." Quantinuum secretly submitted its application on February 17, 2026. J.P. Morgan, Morgan Stanley, Jefferies Financial Group Inc., Evercore ISI, Bank of America Corp Securities, UBS Group AG Investment Bank, Cantor Fitzgerald, Mizuho Securities, Needham & Co., Indosuez Industrial Bank, and TD Cowen are the joint underwriters for the transaction.