Quantinuum CEO on IPO debut: We're in a transformative moment for the computing industry

Summary

Quantinuum CEO Rajeeb Hazra joins Squawk Box to discuss the company's IPO debut on Nasdaq (ticker QNT), its revenue outlook, and the state of quantum computing. Hazra highlights the transformative moment for computing driven by AI, the company's high-accuracy Helios hardware, blue-chip customer engagements, and a government R&D grant. He emphasizes that quantum computing adoption is accelerating now, not years away, and frames Quantinuum as a strategic asset for national security and industrial progress.

• Quantinuum priced its IPO at $60 per share, raising $1.68 billion in an upsized offering.
• The CEO stated the company is in a transformative moment as AI workloads increase demand for sustainable compute.
• Quantinuum reported $31 million in revenue for 2025 and $1.3 million in Q1 2026, with CEO describing lumpiness as normal.
• The company uses trapped-ion technology and claims the highest accuracy quantum computer, Helios.
• Blue-chip customers in pharma, chemicals, and finance are engaged in early quantum use cases.
• Quantinuum entered an LOI for a government R&D grant to scale technology and onshore supply chain.
• The CEO asserted that quantum computing adoption is happening now, not 10–15 years out.
• Honeywell remains a large shareholder and will continue to support supply chain and customer access.