Story perspectives
Honeywell Secures $600M for Next-Gen Quantum Technology
9/7/2025
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Story summary
- Honeywell secured $600 million for Quantinuum, valuing it at $10 billion pre-money, boosting quantum technology investment.
- New investors include Quanta Computer, NVentures, QED Investors, MESH, and Korea Investment Partners, alongside JPMorgan Chase and Amgen.
- The funding will launch Helios, Quantinuum's next-generation quantum system for universal fault-tolerant computing.
- Quantinuum provides hardware, software, and tools like InQuanto for computational chemistry.
- The company is expanding in New Mexico, Qatar, and Singapore, enhancing its global footprint.
