Honeywell's Quantinuum targets $12.7 billion valuation in US IPO
Key takeaways
- The Broomfield, Colorado-based company is planning to raise up to $1.05 billion by selling about 21.05 million shares at $45 to $50 apiece.
- Investors have been backing listings from sectors viewed as strategically important, including AI infrastructure, defense and critical technologies, despite geopolitical uncertainty.
- The move also comes just days after the Trump administration said it will take $2 billion in equity stakes across nine quantum-computing companies in a push to secure U.S.
Honeywell's Quantinuum targets $12.7 billion valuation in US IPO Reuters Tue, May 26, 2026 at 5:57 PM GMT+7 2 min read May 26 (Reuters) - Honeywell s Quantinuum is targeting a valuation of up to $12.7 billion in its U.S. initial public offering, it said on Tuesday, as it looks to capitalize on heightened investor attention around quantum computing.
The Broomfield, Colorado-based company is planning to raise up to $1.05 billion by selling about 21.05 million shares at $45 to $50 apiece. It raised funds at a $10 billion valuation in its latest funding round in September.
Investors have been backing listings from sectors viewed as strategically important, including AI infrastructure, defense and critical technologies, despite geopolitical uncertainty.