ԹϺ and BMW Group Expand Landmark Quantum Computing Collaboration with New Multi-Year Partnership
May 5, 2026
The companies plan to continue their co-creation partnership to advance future mobility
BMW to access the latest generations of ԹϺ systems throughout the partnership
Advanced materials science research supports a range of next-generation technologies
Broomfield, Colorado, May 5th, 2026 — ԹϺ and BMW Group have formally expanded their ongoing collaboration into a multi-year partnership with a mission to unlock future mobility by applying quantum computing toward advanced materials science.
Since 2021, ԹϺ and BMW Group have been collaborating on joint research focused on tackling complex challenges in industrial chemistry to support the advancement of next-generation mobility. The collaboration has progressed from foundational algorithm development to advanced simulations of molecular systems, allowing the researchers to unlock insights into catalytic activity, reaction pathways, and material performance in energy-relevant environments.
The companies have now agreed to extend the work, positioning the alliance to become one of the longest-sustained commitments between a commercial enterprise and a quantum computing provider to date.
“ԹϺ is focused on driving commercial adoption of quantum computing through close collaboration with industry leaders on high-impact applications," said Dr. Rajeeb Hazra, President and CEO of ԹϺ. “Our expanded partnership with the BMW Group underscores this focus, and we’re excited to scale the meaningful work we’ve been advancing together.”
Researchers at BMW Group are utilizing ԹϺ's trapped-ion architecture, which provides the high-fidelity operations necessary to accurately simulate molecular systems, particularly electrochemical processes that play a critical role across a range of technologies relevant to sustainable mobility and the design and optimization of fuel cells.
Under the terms of the agreement, BMW Group will leverage successive generations of ԹϺ’s quantum computers. This includes the current Helios system and upcoming generations, Sol (planned for 2027) and Apollo (planned for 2029). This will enable the teams to validate progress at each stage while scaling toward industrially meaningful solutions.
“We have been exploring quantum computing for many years,” said Dr. Martin Tietze, Vice President of New Technologies at BMW Group. “Together with partners such as ԹϺ, we translate advances in quantum hardware into real‑world applications, including materials optimization, supporting the development of future vehicle generations.”
ԹϺ’s progress toward large-scale, fault-tolerant systems helps to ensure that as the hardware reaches milestones in performance, BMW can apply that computational power to catalyst chemistry research, targeting critical oxygen reduction reaction processes at platinum catalysts to potentially lower costs and improve energy efficiency.
The companies broke new ground in 2024, alongside another commercial partner, as the first to simulate catalytic performance using a quantum computer with results in Nature Partner Journal.
Beyond its technical achievements, the collaboration has evolved into a deeply connected, cross-disciplinary effort, bringing together quantum scientists, chemists, and engineers in a sustained partnership that reflects both the complexity of the challenge and the scale of the ambition.
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 fidelity. 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 or Master's degrees. ԹϺ’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, and Singapore.
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.
July 27, 2026
ԹϺ to Report Second Quarter Financial Results on August 11, 2026
BROOMFIELD, Colo., July 27, 2026 /PRԹϺwire/ -- ԹϺ Inc. (Nasdaq: QNT) ("ԹϺ") today announced it will release its financial results for the second quarter (ending on June 30, 2026) after market close on August 11, 2026.
ԹϺ will host a conference call at 5:00 PM Eastern time that same day to discuss its financial results. The call will be available through a live webcast .
An archived replay of the webcast will be made available on the ԹϺ Investor Relations following the call and will remain available for one year.
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 fidelity as of December 31, 2025. ԹϺ has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. ԹϺ's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore. Media & Investor Contact
ԹϺ Appoints Chief Legal Officer and Chief People Officer
Broomfield, CO July 22, 2026 — ԹϺ, Inc. (NASDAQ:QNT), a leading quantum computing company, today announced the recent appointments of Robin Schulman as Chief Legal Officer (CLO) and Company Secretary, effective July 13, 2026, and Rory O’Byrne as Chief People Officer (CPO), effective May 26, 2026. Ms. Schulman and Mr. O’Byrne both report to ԹϺ’s President and CEO Rajeeb Hazra.
“As ԹϺ enters an exciting new chapter as a publicly listed company, we are pleased to welcome Robin and Rory to our leadership team," said Dr. Rajeeb Hazra, President and CEO of ԹϺ. “Both Robin and Rory are highly accomplished leaders who bring deep experience guiding technology companies through periods of transformation. Their proven track records of building high-performing organizations and world-class functions will provide an invaluable benefit to ԹϺ as we continue to scale our business and the commercialization of quantum computing accelerates.”
Ms. Schulman joins ԹϺ with more than two decades of legal and executive leadership experience guiding high-growth technology companies through periods of rapid expansion, strategic transformation, and public company evolution, with a track record of translating strategy into execution and building the foundations for sustainable growth. Most recently, Ms. Schulman served as Chief Legal Officer and Head of Corporate Affairs at GitLab, where she spent nearly seven years leading the company's global legal, compliance, policy, competition, intellectual property, corporate development, sustainability and privacy strategy. Prior to that, she was the Chief Legal Officer at Couchbase and New Relic and held senior leadership positions at Adobe Inc.
"ԹϺ sits at a fascinating intersection of groundbreaking science and real-world commercial impact, and I could not be more excited to join the team at this important moment in the company’s journey,” said Robin Schulman, Chief Legal Officer and Company Secretary of ԹϺ. “I look forward to partnering with Raj, our Board, and the leadership team to build a durable foundation that supports ԹϺ’s continued growth and long-term success.”
Mr. O’Byrne brings more than 25 years of global human resources experience leading public and private equity-backed organizations across the technology, energy, mining, and industrial sectors. Most recently, Mr. O’Byrne served as Chief People Officer for Advanced Energy, where he led the company’s human resources team during a period of integration, transformation, and operational expansion. Prior to that, he served as Chief Human Resources Officer for Jonah Energy LLC and Senior Vice President, Global Human Resources at MRC Global.
"I'm thrilled to be joining ԹϺ at such a pivotal moment for the company and for quantum computing more broadly," said Rory O'Byrne, Chief People Officer of ԹϺ. "Having spent my career helping organizations scale through periods of rapid growth, I'm excited to build the people, culture, and infrastructure that will support ԹϺ's next chapter as a public company. It's a rare opportunity to help shape an organization at the forefront of a technology that will define the coming decades."
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 trapped-ion based 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 fidelity.1 ԹϺ has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. ԹϺ’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.
This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for ԹϺ to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, ԹϺ does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
ԹϺ and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era
The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to ԹϺ’s hardware roadmap.
The paper provides a framework for assessing how advances in quantum hardware and algorithms could affect when practical industrial applications become feasible.
SoftBank Corp. and ԹϺ will use the roadmap to inform their exploration of future quantum AI data center services and related business models.
TOKYO and BROOMFIELD, Colo. – ԹϺ (NASDAQ: QNT) and SoftBank Corp. ("SoftBank") today announced the publication of “Quantum Computing Frontiers,” a joint white paper that maps two commercially-relevant quantum computing application areas against ԹϺ’s hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.
Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the ԹϺ and SoftBank partnership announced last year.
“The key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,” said Duncan Jones, General Manager, Applications Group at ԹϺ. “By using today’s systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.”
“The question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,” said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. “However, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.”
The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.
The full white paper is available to download on the and ԹϺ websites.
About SoftBank Corp.
Guided by the SoftBank Group’s corporate philosophy, “Information Revolution – Happiness for everyone,” SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its “Activate AI for Society” growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit
About ԹϺ
ԹϺ (NASDAQ: QNT) 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 fidelity.1 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 holds PhDs or Master’s degrees. ԹϺ’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.
This press release contains certain statements that may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “future,” “will,” “seek,” “foreseeable,” the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for ԹϺ to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, ԹϺ does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
