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Invest Qatar partners with ԹϺ to accelerate expansion and advance the region’s quantum computing ecosystem

May 20, 2025

Doha, Qatar, May 20th, 2025 — Invest Qatar, the Investment Promotion Agency of Qatar, has inked a strategic agreement with ԹϺ, the world leader in quantum computing and developer of the world’s highest-performing quantum computer. The partnership aims to strengthen Qatar’s quantum computing ecosystem by supporting ԹϺ’s recently announced expansion into the region, which was during his historic state visit to Qatar.

Through this partnership, Invest Qatar will provide tailored support services to ԹϺ, including access to key stakeholders, sector-specific insights and opportunities for collaboration with local innovation and research institutions. Invest Qatar will also promote initiatives that drive quantum computing adoption and raise awareness of ԹϺ’s contributions to Qatar’s tech landscape. Through this partnership, Invest Qatar will support ԹϺ’s expansion into the country to apply quantum technologies for the benefit of key sectors in Qatar, while enhancing local research and development (R&D) capabilities, to create high-skilled jobs and train the next generation quantum workforce in Qatar. This includes facilitating connections with key stakeholders, enabling collaboration in R&D, and aligning with national initiatives aimed at advancing quantum technologies.

As part of the agreement, ԹϺ will play a central role in advancing Qatar’s quantum capabilities by launching a range of targeted initiatives, including knowledge-sharing platforms, educational seminars and technical workshops delivered by ԹϺ’s global experts. The partnership also envisions launching joint research projects with Qatari academic and research institutions, exploring opportunities for local integration of quantum technologies and facilitating access to ԹϺ’s cutting-edge quantum computing infrastructure. Additionally, internship opportunities will be offered to students from Qatar-based universities, providing direct experience in real-world quantum computing applications.

Commenting on the partnership, Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said: “This partnership with ԹϺ reflects our continued commitment to positioning Qatar at the forefront of next-generation technologies. By combining global expertise with local ambition, we aim to cultivate a thriving quantum ecosystem that drives innovation, supports economic diversification and empowers future talent. We are pleased to work with ԹϺ to unlock the transformative potential of quantum computing for Qatar and the wider region.”

Dr. Rajeeb Hazra, President & CEO, ԹϺ, said: “Launching our presence in Qatar opens an exciting new chapter in a region ready to lead in quantum computing. Building on our recently announced expansion into the country through our joint venture with Al Rabban Capital, and our ongoing partnership with Hamad Bin Khalifa University, this collaboration with Invest Qatar reinforces our commitment to the growth of Qatar’s quantum computing ecosystem. As part of the deepening strategic ties between the U.S. and Qatar, we’re enabling direct access to our world-leading quantum hardware and software, creating value for academia and industry in Qatar while training the next generation of quantum developers and researchers to strengthen the region’s position as a global hub for advanced technologies.”

About Invest Qatar

The Investment Promotion Agency Qatar (Invest Qatar) is responsible for overseeing investment promotion activities, aimed at attracting foreign direct investment to Qatar. Established in 2019, Invest Qatar’s mission is to strengthen Qatar’s position as an ideal investment destination, while facilitating investments that foster economic diversification and development.

As the gateway to investment solutions, Invest Qatar connects investors to an integrated ecosystem of business and licensing platforms. The Agency partners with investors throughout their journey, from exploration and setup to expansion, ensuring their long-term growth by providing comprehensive insights into Qatar’s business landscape, sector-specific market knowledge and tailored investment facilitation.

For more information, please visit

@InvestQatar | #InvestQatar

About ԹϺ    

ԹϺ is the world leader in quantum computing. The company’s quantum systems deliver the highest performance across all industry benchmarks. ԹϺ’s over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution.

For more information, please visit

About ԹϺ

ԹϺ,the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. ԹϺ’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, ԹϺ leads the quantum computing revolution across continents.

March 18, 2026
Nitesh Sharan Joins ԹϺ as Chief Financial Officer

March 18, 2026 – BROOMFIELD, Colo. – ԹϺ, a leading quantum computing company, today announced the appointment of Nitesh Sharan as Chief Financial Officer (CFO), effective April 6, 2026.

Mr. Sharan brings more than 25 years of global finance experience across technology, consumer products and consulting. He joins the company after nearly five years as CFO of SoundHound AI, Inc., where he led the company through its public listing in 2022 and oversaw strategic financial planning, accounting, corporate strategy, human resources, legal and intellectual property.

“Nitesh brings an exceptional combination of financial leadership, operational rigor and experience scaling technology companies,” said Dr. Rajeeb Hazra, President & CEO of ԹϺ. “As ԹϺ accelerates the commercialization of quantum computing, his experience guiding companies through complex growth and capital market environments will be pivotal.”

Prior to joining SoundHound AI, Mr. Sharan spent more than 5 years at Nike, where he held several leadership roles, including Vice President of Investor Relations & Treasurer, Vice President of Corporate Finance & Treasurer, and CFO of Global Operations & Technology. Prior to joining Nike, he spent 15 years in senior leadership roles at Hewlett-Packard and began his career as a consultant at Accenture.

Mr. Sharan is a Chartered Financial Analyst (CFA) charterholder. He earned his MBA from Northwestern University’s Kellogg School of Management and his bachelor’s degree from Case Western Reserve University. Originally from Cleveland, Ohio, he currently resides in Portland, Oregon. He serves on a number of boards, including Activate, an organization that supports deep science entrepreneurs in commercializing their innovations, and as a Trustee of the Catlin Gabel School, a progressive K-12 independent school.

About ԹϺ

ԹϺ is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity1. ԹϺ has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets.

The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team hold PhDs. ԹϺ’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore.

For more information, please visit www.quantinuum.com.

1As of December 31, 2025.

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March 11, 2026
ԹϺ Expands Global Footprint to Singapore with the Establishment of a New R&D Centre

The R&D Centre, together with the planned deployment of a ԹϺ Helios system in Singapore, aims to accelerate industrial collaboration across pharma, materials and finance, while bolstering the local quantum ecosystem and workforce

March 11, 2026 – Singapore – ԹϺ, a leading quantum computing company, today announced the establishment of a new R&D and Operations Centre (the “Centre”) in Singapore, marking its formal expansion into Singapore. This important development will enable ԹϺ to deepen collaboration with the nation’s research and industrial ecosystem, together with the company’s plan to deploy its Helios quantum computer in Singapore later this year.

Singapore’s early investment in quantum has positioned the nation to capture value as quantum systems move toward real-world use. In his national budget speech last month, Prime Minister Mr. Lawrence Wong highlighted ԹϺ as an industry leader, emphasizing that Helios will enable Singaporean researchers and companies to work on meaningful projects.

The new Centre will bring together ԹϺ staff with local researchers and industry partners to co-develop commercially relevant solutions across pharma, materials science, finance, and other sectors. It will also serve to help advance Singapore’s national priorities under its National Quantum Strategy by strengthening long-term R&D capabilities and workforce development, helping position Singapore as a global hub for quantum technology.

The Centre’s establishment is supported by the Singapore Economic Development Board (EDB) and builds on ԹϺ’s close partnership with Singapore’s National Quantum Office (NQO) through the National Quantum Computing Hub. The National Quantum Strategy is developed and implemented by NQO, which is hosted in the Agency for Science, Technology and Research (A*STAR), and funded by the National Research Foundation (NRF).

As part of its commitment to developing a robust local ecosystem and support for innovation across the full quantum value chain, ԹϺ is collaborating with pioneering startups in Singapore, including Entropica, which accesses ԹϺ systems through its Startup Partner Program, and Squareroot8, with whom ԹϺ signed a Memorandum of Understanding today to co-develop quantum communications applications.

Official Statements
  • Dr. Rajeeb Hazra, President and CEO of ԹϺ, said: “We believe there are three pillars to a holistic strategy for building a sustainable quantum frontier: use cases, infrastructure, and workforce. Singapore provides an exceptional foundation for this approach, and we are proud to contribute our experience in ecosystem development as we build a leading quantum ecosystem together."
  • Dr. Marvin Lee, Country Leader for ԹϺ Singapore, who recently joined the company following senior appointments at A*STAR, EDB, and NRF, where he played a key role in shaping the National Quantum Strategy, said: “The new Centre will enable local talent and industry to work hands-on with quantum technologies, co-develop solutions aligned with national priorities, and support high-value jobs. We are committed to building long-term capability and resilience in Singapore’s digital economy."
  • Mrs. Josephine Teo, Minister for Digital Development and Information, a key advocate of the National Quantum Strategy, joined ԹϺ today as the Guest of Honour at the official opening of its new Centre, commemorated by a formal ribbon-cutting ceremony. She said: “Singapore aims to be a global hub for the development of algorithms and applications for quantum computers. We will tap on our strengths in sectors of potential application, such as finance, logistics, and pharmaceuticals. Doing so will not only benefit these industries in Singapore, but elsewhere in the world.”
  • Mr. Pee Beng Kong, Executive Vice President, Singapore Economic Development Board, said: “ԹϺ’s expansion into Singapore marks an important step in translating quantum research into real-world industry applications. The Helios system and new R&D Centre will enable local companies and researchers to collaborate on next-generation solutions in areas such as drug discovery, materials innovation, and financial optimisation. This investment will deepen partnerships across our industry and research ecosystem and build high-value quantum capabilities from Singapore.”
  • Mr. Ling Keok Tong, Executive Director of the National Quantum Office, said: “ԹϺ's R&D Centre and the Helios deployment create opportunities for Singapore, giving our researchers hands-on access to advanced quantum hardware, and moves us closer to demonstrating real quantum advantage in drug discovery, portfolio optimisation, amongst others. This is a boost to our quantum research and talent development, as well as our efforts in building a robust quantum ecosystem.”

The new Centre represents an important step in ԹϺ’s international expansion and its commitment to collaborating with partners in key innovation hubs. ԹϺ looks forward to continued collaboration with Singapore’s research and industry ecosystem to advance the development and application of quantum technologies.

About ԹϺ

ԹϺ is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity1. ԹϺ has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets.

The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team hold PhDs. ԹϺ’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore.

For more information, please visit www.quantinuum.com.

1.As of December 31, 2025.

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January 14, 2026
Honeywell Announces ԹϺ's Plan to Make Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

Source:

Charlotte, N.C., Jan. 14th 2026 — Honeywell (NASDAQ: ) today announced that ԹϺ LLC ("ԹϺ" or the "Company"), which is majority owned by Honeywell, plans to make a confidential submission of a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the "SEC") relating to the proposed initial public offering of ԹϺ's common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process.

This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities, will be made in accordance with the registration requirements of the Securities Act.

Contacts:
Media
Stacey Jones
(980) 378-6258
Stacey.Jones@honeywell.com

Investor Relations
Mark Macaluso
(704) 627-6118
Mark.macaluso@honeywell.com

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