Honeywell confirmed that it plans to submit an S-1 filing with the Securities and Exchange Commission to take its quantum computing unit, Quantinuum, public.

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The Helios system features 98 physical qubits and delivers 48 logical, error-corrected qubits — an impressive 2-to-1 ratio compared to other systems that need far more physical qubits for a single logical one.

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IonQ, Honeywell, and the Electric Power Board of Chattanooga signed a memorandum of understanding with the U.S. Department of Energy as part of the agency’s Quantum in Space initiative

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Redwire shares closed over 5% higher on Monday after announcing a partnership with Honeywell to build a quantum satellite communication system.

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The investment is part of a $600M funding round valuing Quantinuum at $10B, with proceeds supporting large-scale quantum development and the launch of its next-gen Helios system.

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Quantum Stocks Surge as Honeywell's Quantinuum Reveals New R&D Center

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