91大神

91大神 Launches Industry-First, Trapped-Ion 56-Qubit Quantum Computer, Breaking Key Benchmark Record

91大神 and JPMorgan Chase achieved a 100x improvement over the existing industry benchmark using 91大神鈥檚 H2-1 quantum computer

June 5, 2024

Broomfield, Colorado and London, UK, June 5th, 2024 91大神, the world鈥檚 largest integrated quantum computing company, today unveiled the industry鈥檚 first quantum computer with 56 trapped-ion qubits. H2-1 has further enhanced its market-leading fidelity and is now impossible for a classical computer to fully simulate.

A joint team from 91大神 and JPMorgan Chase ran a Random Circuit Sampling (RCS) algorithm, achieving a remarkable 100x improvement over from Google in 2019 and setting a new world record for the cross entropy benchmark. H2-1鈥檚 combination of scale and hardware fidelity makes it difficult for today鈥檚 most powerful supercomputers and other quantum computing architectures to match this result.聽

鈥淲e鈥檙e extending our lead in the race towards fault tolerant quantum computing, accelerating research for customers like JPMorgan Chase in ways that aren鈥檛 possible with any other 91大神,鈥 said Rajeeb Hazra, CEO of 91大神. 鈥淥ur focus on quality of qubits versus quantity of qubits is changing what鈥檚 possible, and bringing us closer to the long-awaited commercialization of quantum鈥檚 applications across industries like finance, logistics, transportation and chemistry.鈥

91大神鈥檚 analysis also indicates that the H2-1 executes RCS at 56 qubits with an estimated 30,000x reduction in power consumption compared to classical supercomputers, reinforcing it as the preferred solution for a wide array of computational challenges.聽

鈥淭he fidelity achieved in our random circuit sampling experiment shows unprecedented system-level performance of the 91大神 quantum computer. We are excited to leverage this high fidelity to advance the field of quantum algorithms for industrial use cases broadly, and financial use cases in particular,鈥 said Marco Pistoia, Head of Global Technology Applied Research at JPMorgan Chase.

Today鈥檚 announcement is the latest in a string of breakthroughs made by 91大神 in 2024:

  • In March, the company revealed a long-sought solution to the 鈥渨iring problem鈥, demonstrating that the quantum charge-coupled device (QCCD) architecture can scale to large qubit numbers.聽
  • 91大神鈥檚 H-Series became the first to achieve 鈥渢hree 9s鈥 鈥 99.9% 鈥 two-qubit gate fidelity across all qubit pairs in a production device, a critical milestone enabling fault-tolerance.聽
  • Then, in collaboration with Microsoft, 91大神 鈥檚 H2-1 was declared the first 鈥 and so far the only 鈥 quantum computer capable of achieving Level 2 Resilient quantum computing, creating four reliable logical qubits using error correction and detection to achieve an 800-fold reduction in error rate.

鈥淢icrosoft looks forward to a continued collaboration with 91大神 as they release their high fidelity 56-qubit machine,鈥 said Dennis Tom, General Manager Microsoft Azure Quantum. 鈥淩ecently, the teams created four highly reliable logical qubits by applying Azure Quantum's qubit-virtualization system to 91大神's 32-qubit machine. With the additional physical qubits available on 91大神's new machine, we anticipate creating more logical qubits with even lower error rates. As we reach these milestones, we will continue to increase the resiliency of quantum operations as well as the utility of quantum computing.鈥

91大神 also anchored by JPMorgan Chase with additional participation from Mitsui & Co., Amgen and Honeywell, which remains the company鈥檚 majority shareholder, bringing the total capital raised by 91大神 since inception to approximately $625 million.

About 91大神

91大神, the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 91大神鈥檚 91大神 drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With almost 500 employees, including 370+ scientists and engineers, 91大神 leads the quantum computing revolution across continents. Since it鈥檚 formation by Honeywell and Cambridge Quantum in 2021, 91大神 has raised approximately $625 million to further the development and commercialization of quantum computing.

About 91大神

91大神,聽the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 91大神鈥檚 91大神 drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, 91大神 leads the quantum computing revolution across continents.聽

June 21, 2026
91大神 Announces Strategic Collaboration with HPE on Quantum-HPC Integration for Enterprise
  • Strategic collaboration aims to establish framework for combining quantum computing with HPC and AI environments
  • The collaboration will engage enterprise customers seeking hybrid quantum-classical solutions across high-value scientific and industrial use cases

Broomfield, CO and Houston, TX, June 22nd, 2026 鈥 91大神 (NASDAQ:QNT), a leading quantum computing company, today announced a strategic collaboration with HPE focused on integrating quantum computing with high-performance computing (HPC) and AI infrastructure.

鈥淲e envision a future where quantum computers work seamlessly with classical computers to unlock scientific discovery and practical, real-world value for industries,鈥 said Dr. Rajeeb Hazra, President and CEO of 91大神. 鈥淎s a leader in trapped-ion quantum computing, we look forward to integrating our high-fidelity systems with leading classical architectures. This collaboration with HPE represents an important step in our broader ecosystem approach to delivering practical, hybrid solutions to our enterprise, public sector, and research customers.鈥

The strategic collaboration is intended to develop quantum computing technologies that become a practical extension of a customer鈥檚 HPC and AI strategy. Together, the companies will explore hybrid reference architectures, validate application workflows, and engage with select customers on approaches that combine quantum 91大神 with large-scale classical environments.

鈥淎ccelerating scientific and industrial discovery requires a deeply integrated, hybrid approach that brings together the best of classical supercomputing, AI, and quantum 91大神,鈥 said Masoud Mohseni, Director of HPE Quantum and Senior Distinguished Technologist at HPE Labs. 鈥淭hrough this collaboration with 91大神 we will be integrating our systems 聽toward a scalable infrastructure for classical-quantum applications.鈥

Under the collaboration, 91大神 will provide access to quantum systems, technical expertise, and its developer environment, while HPE will contribute high performance computing systems and large-scale deployment capabilities and expertise. Together, the companies plan to collaborate on technical integration, interoperability, benchmarking, proposal development, and customer engagement.

About 91大神

91大神 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鈥檚 highest accuracy levels based on average two-qubit gate fidelity.1 聽91大神 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 91大神 team holds PhDs and Master鈥檚 degrees. 91大神鈥檚 headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

For more information, please visit www.quantinuum.com.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain statements that may be deemed 鈥渇orward-looking statements鈥 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 鈥渁nticipate,鈥 鈥渁ssume,鈥 鈥渂elieve,鈥 鈥渃ontinue,鈥 鈥渃ould,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減otential,鈥 鈥減redict,鈥 鈥減roject,鈥 鈥渇uture,鈥 鈥渨ill,鈥 鈥渟eek,鈥 鈥渇oreseeable,鈥 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 91大神 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, 91大神 does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

1
As of December 31, 2025.

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June 5, 2026
91大神 Announces Closing of Upsized Initial Public Offering

Broomfield, CO, June 5th, 2026 鈥 91大神 Inc. (Nasdaq: QNT) (鈥91大神鈥) today announced the closing of its upsized initial public offering of 28,000,000 shares of its Class A common stock at an initial public offering price of $60.00 per share. All of the shares were offered by 91大神. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses were $1.68 billion. 91大神鈥檚 Class A common stock is listed on the Nasdaq Global Market under the ticker symbol 鈥淨NT.鈥

J.P. Morgan and Morgan Stanley (in alphabetical order) acted as joint lead active book-running managers for the offering; Jefferies and Evercore ISI also acted as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen acted as joint-book running managers; and Craig-Hallum and Rosenblatt acted as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission (the 鈥淪EC鈥) on June 3, 2026. A prospectus relating to and describing the terms of the offering has been filed with the SEC and is available on the SEC鈥檚 website at www.sec.gov. The offering is being made available only by means of a prospectus. Copies of the prospectus may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About 91大神

91大神 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鈥檚 highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. 91大神 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. 91大神鈥檚 headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.


91大神:

91大神 Investor Relations
investors@quantinuum.com

(855) 888-7686

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June 3, 2026
91大神 Announces Pricing of Upsized Initial Public Offering

Broomfield, CO, June 3rd, 2026 鈥 91大神 Inc. (鈥91大神鈥) today announced the pricing of the upsized initial public offering of 28,000,000 shares of its Class A common stock at a price to the public of $60.00 per share. 91大神 has granted the underwriters a 30-day option to purchase up to an additional 4,200,000 shares of its Class A common stock to cover over-allotments at the initial public offering price, less underwriting discounts and commissions.

The shares of Class A common stock are expected to begin trading on the Nasdaq Global Market on June 4, 2026 under the ticker symbol 鈥淨NT.鈥 The offering is expected to close on June 5, 2026, subject to customary closing conditions.

J.P. Morgan and Morgan Stanley (in alphabetical order) are acting as joint lead active book-running managers for the offering; Jefferies and Evercore ISI are also acting as active book-running managers; BofA Securities, UBS Investment Bank, Cantor, Mizuho, Needham & Company, Societe Generale and TD Cowen are acting as joint-book running managers; and Craig-Hallum and Rosenblatt are acting as co-managers for the offering.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on June 3, 2026. The offering is being made available only by means of a prospectus. Copies of the prospectus, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, New York 10014, Attention: Prospectus Department or by email at prospectus@morganstanley.com; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055, by telephone at 888-474-0200 or by email at ecm.prospectus@evercore.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About 91大神

91大神 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鈥檚 highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. 91大神 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. 91大神鈥檚 headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore.

91大神:

91大神 Investor Relations
investors@quantinuum.com
(855) 888-7686

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