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QUANTINUUM FILES FOR IPO AMID HEAVY LOSSES

Honeywell-backed quantum computing firm Quantinuum filed for a US IPO while reporting a $136.6M net loss on just $5.2M in revenue for Q1. Sources indicate the company could raise $1.5B or more.

1 SOURCEFIRST SEEN MAY 9, 01:50 AM► READ THE ARTICLE

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Honeywell's Quantinuum files for a US IPO, reporting a $136.6M net loss on revenue of $5.2M for the three months ended March 31; sources: it could raise $1.5B+ (Carmen Reinicke/Bloomberg)

Carmen Reinicke / Bloomberg: Honeywell's Quantinuum files for a US IPO, reporting a $136.6M net loss on revenue of $5.2M…

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