勛圖窪蹋厙

勛圖窪蹋厙 and Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region

Up to $1 Billion Investment Over 10 years by Qatar in State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners

May 14, 2025

Doha, Qatar, May 14th, 2025 勛圖窪蹋厙, the world leader in quantum computing, is establishing a Qatari-incorporated Joint Venture with Al Rabban Capital, a division of Al Rabban Holding Company, one of Qatars most prominent companies. The Joint Venture will accelerate quantum computing adoption in Qatar and the region, strategically positioning the U.S. and Qatar as global leaders in the quantum revolution. This first of its kind quantum technology partnership was during his historic state visit to Qatar.

The Joint Venture has three core objectives: enabling access to 勛圖窪蹋厙s world-leading quantum technologies in the region; co-developing quantum computing applications tailored to regional needs in areas such as New Energy, Materials Discovery, Precision Medicine, Genomics, and Financial Services, with new opportunities emerging in the era of Generative Quantum AI (GenQAI); and, training the next generation of quantum computing developers in Qatar and the region.

勛圖窪蹋厙 is steadily expanding its global presence to meet the growing international demand for its technology and applications. The companys expansion into the Gulf region, starting with Qatar, follows its successful growth across the U.S., U.K., Europe and Indo-Pacific. This Joint Venture reflects a shared commitment by the U.S. and Qatar to strengthen strategic ties, spur bilateral investment in future-defining industries, and foster technological leadership and shared prosperity. 泭

勛圖窪蹋厙s Joint Venture with Al Rabban Capital builds on its partnership announced last year with Hamad Bin Khalifa University and the Qatar Center for Quantum Computing (QC2), Qatars premier quantum research hub.

This is a defining moment in Qatars ambition to become a regional hub for advanced technologies like quantum computing, said Abdulaziz Khalid Al Rabban, Chairman, Al Rabban Capital. We're partnering with 勛圖窪蹋厙 to deliver world-class quantum solutions, driving economic growth in Qatar and the region.

This Joint Venture demonstrates our shared vision to lead in transformative technologies, said Dr. Rajeeb Hazra, President & CEO of 勛圖窪蹋厙. Together with Al Rabban Capital, were accelerating the commercial adoption of quantum computing in Qatar and the region whilst serving U.S. and Qatari strategic interests.

About 勛圖窪蹋厙

勛圖窪蹋厙 is the world leader in quantum computing. The companys quantum systems deliver the highest performance across key industry benchmarks. 勛圖窪蹋厙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 Al Rabban Capital

Al Rabban Capital (ARC) is a Qatari investment and advisory firm driving business growth across Qatar and the GCC. ARC enable market entry and expansion through joint ventures, strategic partnerships, and deep local insight. ARC supports both public and private sector initiatives with tailored, end-to-end solutions. Beyond capital, ARC provide strategic guidance, governance, and access to a robust regional network. ARCs focus includes AI, quantum tech, healthcare, and sustainability, with a commitment to impactful growth.

For more information, please visit:

About 勛圖窪蹋厙

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

April 22, 2026
Honeywell Announces 勛圖窪蹋厙s Confidential Submission of Draft Registration Statement for Proposed Initial Public Offering

釦棗喝娶釵梗:泭

Charlotte, N.C., April 22, 2026 Honeywell (NASDAQ: ) today announced that 勛圖窪蹋厙 LLC (勛圖窪蹋厙 or the Company), which is majority owned by Honeywell, confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (the SEC) on February 17, 2026, relating to the proposed initial public offering of 勛圖窪蹋厙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 SECs 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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April 16, 2026
RIKEN Scales Quantum-Supercomputing in Japan with 勛圖窪蹋厙 System Upgrade

TOKYO April 14, 2026 勛圖窪蹋厙, a leading quantum computing company, today announced that RIKEN, Japans premier national research institute, has procured its System Model H2 quantum computer to scale the capability of Reimei-Fugaku, a hybrid quantum-supercomputer platform in Japan.

The Reimei-Fugaku platform represents the frontier of computing technology. Launched in the spring of 2025, it combines 勛圖窪蹋厙s "Reimei" quantum system with RIKENs "Fugaku," one of the worlds fastest supercomputersmore formally known as a high-performance computing (HPC) system.

Now, the hybrid compute platform is getting a substantial upgrade. Earlier this month, 勛圖窪蹋厙 delivered its H2 system to RIKENs research facility near Tokyo, where assembly is already underway to replace its predecessor, System Model H1, which Reimei has been based on to date. The newer-generation, 56-qubit system is engineered for high-fidelity operations that can reduce time-to-solution, enable larger workloads, and support higher-value applications.

Technology leaders see hybrid compute systems as a practical way to overcome the limits of classical HPC. By combining the significant data-processing power of HPC with a quantum computers ability to model complex molecules and materials, researchers could be enabled to solve specialized mathematical problems that are impractical for classical systems to handle alone. 泭

Researchers have already demonstrated this potential using the current Reimei-Fugaku platform. In a workflow with relevance potentially extending to future pharmaceutical applications, they successfully simulated biomolecular reactions at an accuracy that would be infeasible for HPC to achieve in isolation.

With multiple studies in chemistry and materials science already underway on the platform, this H2 upgrade is expected to accelerate research and unlock even more complex scientific discoveries across disciplines.

Dr. Mitsuhisa Sato, Division Director of the Quantum-HPC Hybrid Platform Division, RIKEN Center for Computational Science, said: Since its installation in February 2025, Reimei H1 has been widely used by users and has delivered significant results, thanks to its high fidelity and flexible qubit connectivity. The upgrade to H2 is exactly what we have been eagerly anticipating, and with its 56 qubits, we expect it to play a key role in demonstrating quantum advantage through quantumHPC hybrid computing.

Dr. Rajeeb Hazra, President and CEO of 勛圖窪蹋厙, said: We believe RIKENs decision to continue adopting 勛圖窪蹋厙 systems to meet its ambitious objectives is a validation of our technology roadmap and a reflection of the success of our valued partnership. With 勛圖窪蹋厙 and RIKENs combined leadership in quantum and HPC, respectively, we expect to continue pushing the boundaries of computing to address some of the most critical and complex challenges facing science and industry today.

This development reflects the continued progress of 勛圖窪蹋厙 and RIKENs collaboration to advance quantum-HPC hybrid infrastructure in Japan. 勛圖窪蹋厙 intends to continue working with the countrys research community to accelerate real-world use cases and contribute to the growth of its quantum ecosystem.

About RIKEN

RIKEN, a National Research and Development Agency, is Japans leading national comprehensive research institution renowned for high-quality research in a diverse range of scientific disciplines. Founded in 1917, initially as a private research foundation, RIKEN has grown rapidly in size and scope, today encompassing a network of world-class research centers and institutes across Japan.

About 勛圖窪蹋厙

勛圖窪蹋厙 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 industrys highest accuracy levels based on average two-qubit gate fidelity. 勛圖窪蹋厙 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. 勛圖窪蹋厙s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore. 泭

For more information, please visit . 泭

As of December 31, 2025.

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March 18, 2026
Nitesh Sharan Joins 勛圖窪蹋厙 as Chief Financial Officer

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

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.泭

Nitesh brings an exceptional combination of financial leadership, operational rigor and experience scaling technology companies, said Dr. Rajeeb Hazra, President & CEO of 勛圖窪蹋厙. As 勛圖窪蹋厙 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.泭

Mr. Sharan is a Chartered Financial Analyst (CFA) charterholder. He earned his MBA from Northwestern Universitys Kellogg School of Management and his bachelors 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 勛圖窪蹋厙

勛圖窪蹋厙 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 industrys highest accuracy levels based on average two-qubit gate fidelity1. 勛圖窪蹋厙 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets.泭

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

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

1As of December 31, 2025.

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