Quantianum plans to raise $1.05 billion through IPO

According to Quantinuum, a quantum computing company supported by Honeywell, it plans to raise $1.05 billion through an initial public offering (IPO) in the United States. According to documents submitted by the company to the US Securities and Exchange Commission (SEC), Quantinuum plans to issue approximately 210 million shares at a price range of $45-50 per share. Calculated based on the upper limit pricing of the range, the company's market value will reach $12.7 billion. The Trump administration announced on May 21 that it will provide over $2 billion in funding to American quantum computing companies, with Quantianum receiving $100 million.