Honeywell's Quantinuum raises $1.68 billion in U.S. IPO as quantum computing heats up, Reuters reports

The Quantinuum logo is displayed on a smartphone screen placed on a reflective surface onto which lines of computer code are projected, in Creteil, France, on May 27, 2026. The quantum computing company files its official paperwork with the SEC for an initial public offering (IPO) on the Nasdaq. (Photo by Samuel Boivin/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Honeywell's Quantinuum said on Wednesday it has raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, as investors flocked to one of the market's fast-growing emerging technology sectors. Broomfield, Colorado-based Quantinuum sold 28 million shares in the offering. Reuters exclusively reported the pricing details earlier in the day. The listing is the latest test of investor appetite for quantum computing companies, as breakthroughs in the technology spur bets that quantum machines could eventually outperform conventional computers on certain complex tasks. Earlier this week, the company increased the price range to $53-$55 per share and boosted the number of shares on offer to 26.5 million, typically a sign of strong investor demand. The IPO comes as the U.S. new listings market regains momentum, although investor appetite remains concentrated in technology and other high-growth sectors. Quantinuum will begin trading on the Nasdaq on Thursday, under the ticker symbol "QNT". J.P.Morgan and Morgan Stanley are the lead underwriters of the offering. …