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Quantinuum Aims for $12.7 Billion Valuation in U.S. IPO

Honeywell-backed Quantinuum targets up to $12.7 billion valuation and $1.05 billion raise in its U.S. initial public offering, capitalizing on quantum computing investor interest.

2026-05-27T02:00:54.001Z

Quantinuum Aims for $12.7 Billion Valuation in U.S. IPO

Honeywell's Quantinuum is targeting a valuation of up to $12.7 billion in its U.S. initial public offering, aiming to raise $1.05 billion by selling 21.05 million shares at $45 to $50 each.

The Broomfield, Colorado-based quantum computing firm, formed in 2021 from a Honeywell separation and merger with Cambridge Quantum, is chaired by Honeywell CEO Vimal Kapur and led by Intel veteran Rajeeb Hazra.

J.P. Morgan and Morgan Stanley are the joint lead book-running managers. Quantinuum will list on the Nasdaq under the ticker "QNT."

Topics Quantinuum Honeywell IPO Quantum Computing Nasdaq J.P. Morgan