McKinsey recently found that quantum companies generated more than $1bn in revenue in 2025. Honeywell International-backed Quantinuum has filed for an initial public offering (IPO) less than a year after a $600m round valued it at $10bn. Reports suggest that an IPO could raise more than $1.5bn for Quantinuum and value the company at as much as $20bn. The UK-founded, Colorado-based Quantinuum produces full-stack quantum platforms with commercially deployed systems. Its products are used by businesses across sectors including pharmaceuticals, materials science, financial services and governments, it said. The company has multiple sites in the US, as well as in the UK, Germany, Japan and Singapore.

Full report : Honeywell-backed Quantinuum files for US IPO at up to $20 billion valuation.

For more see the OODA Company Profile on Quantinuum.