Deals
Honeywell Weighs Quantinuum IPO at $10 Billion Valuation
- The firm has held early talks with banks on potential IPO
- A listing in the US could take place as soon as next year
Quantinuum’s H2 quantum processor
Source: QuantinuumThis article is for subscribers only.
Honeywell International Inc. is considering an initial public offering of its majority-owned quantum computing firm Quantinuum as soon as next year, according to people with knowledge of the matter.
The firm has held discussions with several investment banks about a potential listing in the US and could seek a valuation of about $10 billion for Quantinuum, said the people, who asked not to be identified as the information is private.