Honeywell-Backed Computing Firm Quantinuum Files for US IPO

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering, capitalizing on enthusiasm around quantum computing stocks.

The Broomfield, Colorado-based company had a net loss of $136.6 million on revenue of $5.2 million for the three months ended March 31, compared with a net loss of $30.5 million on revenue of $19.1 million a year earlier, according to its filing with the US Securities and Exchange Commission Friday.