Press release
HONEYWELL ANNOUNCES $600 MILLION CAPITAL RAISE FOR QUANTINUUM AT $10B PRE-MONEY EQUITY VALUATION TO ADVANCE QUANTUM COMPUTING AT SCALE
CHARLOTTE, N.C., Sept. 4, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced an approximately $600 million equity capital raise for Quantinuum,
About this update from Honeywell International Inc.
[{"type":"text","content":"CHARLOTTE, N.C., Sept. 4, 2025 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced an approximately $600 million equity capital raise for Quantinuum, developer of the world's highest-performing quantum computer, at a pre-money equity valuation of $10 billion.\n\n \n \n \n \n \n \n\n \nQuanta Computer, NVentures (NVIDIA's venture capital arm) and QED Investors have joined existing shareholders JPMorganChase, Mitsui, Amgen, Cambridge Quantum Holdings, Serendipity Capital and Honeywell — all of whom have reinvested in this round. The round also includes participation from new investors MESH and Korea Investment Partners.\nThis capital raise will support Quantinuum's advancement of quantum computing at scale, which includes continued progress toward the upcoming launch of Helios, the company's next generation quantum computing system that is expected to launch this year. It will also support Quantinuum's path to becoming the first to perform universal fault-tolerant computing.\nA full-stack quantum computing provider, Quantinuum is accelerating commercially useful quantum computing with commercially available quantum computers that are the undisputed leaders in performance. Along with some of the most used developer tools and end-applications such as InQuanto, the company's solutions are driving breakthrough scientific discoveries, economic growth and sustainable development. \nQuantinuum continues increasing its commercial momentum and earning global recognition. The company will work with NVIDIA as a founding collaborator on breakthroughs at the NVIDIA Accelerated Quantum Research Center. Additionally, Quantinuum has entered strategic partnerships aimed at innovative quantum computing solutions that will expand the capabilities of classical artificial intelligence and realize next-generation technologies. Quantinuum recently announced partnerships and collaborations with RIKEN, SoftBank Corp., Infineon and STFC Hartree Center, as well as expansions into New Mexico, Qatar and Singapore.\nThe company's collaborations collectively provide substantial investment funding, accelerate research and product development, scale manufacturing capabilities, secure supply chains and foster the overall growth of the quantum technologies industry. For example, the company's Joint Venture in Qatar was selected to deliver advanced quantum compu...