Quantinuum, the quantum computing company owned by industrial conglomerate Honeywell (HON), is seeing strong demand for its upcoming IPO, according to Bloomberg. The offering is reportedly oversubscribed by a double-digit multiple of the shares available ahead of its expected debut early next month. Quantinuum recently filed to sell 21.05 million Class A shares at an expected price of $45 to $50 each. At the high end, the IPO would raise about $1.05 billion and value the company at roughly $13 billion. The company plans to list on the Nasdaq Global Market under the ticker QNT. Quantinuum’s financials show that it is still early in its commercialization curve, but revenue is growing. In fact, the company generated $30.9 million in revenue in 2025, up from $23 million in 2024, while bookings reached $79.3 million. However, losses widened to $192.6 million as Quantinuum continued to spend heavily on growth, research, and commercialization. Nevertheless, the IPO comes as investor interest in quantum computing stocks continues to rise. Quantinuum also recently signed a deal with the U.S. federal government to receive R&D funding to address key bottlenecks in fault-tolerant trapped-ion quantum computers.

Full report : Honeywell’s Quantinuum eyes $14.3 billion valuation in upsized US IPO.

For more see the OODA Company Profile on Quantinuum.