Quantinuum

United States – October 24, 2026 -- DARPA has advanced 11 quantum computing companies to Stage B of its Quantum Benchmarking Initiative (QBI), giving each team one year to show that a useful, fault-tolerant quantum computer can be built by 2033.

Launched in 2024, the QBI is designed to test whether any quantum approach can reach utility-scale performance on an economically sensible timeline. It is not a winner-takes-all contest. Several teams can succeed in parallel, or none at all.

Stage B follows a six-month feasibility screen of nearly 20 companies

Stage A selected nearly 20 companies to propose fault-tolerant architectures that could realistically be built within a decade and deliver net value. Over six months, DARPA worked with each team to test the feasibility of its concept. The 11 Stage B companies now come with funding and tighter scrutiny. The source does not disclose the funding amounts.

Toronto and Tel Aviv – September 17, 2026 -- Qedma Quantum Computing has integrated its QESEM error mitigation software with NVIDIA's CUDA-Q platform, giving users the ability to run larger and more complex quantum workloads on Quantinuum hardware without altering existing programming workflows.

Qedma's QESEM software enters NVIDIA's hybrid computing ecosystem for the first time

The integration marks the first availability of Qedma's error reduction software within CUDA-Q, NVIDIA's hybrid quantum-classical computing platform. The capability is currently live for Quantinuum hardware, with Qedma stating other quantum platforms will follow.

Washington – September 11, 2026 -- Quantinuum has finalized a $100 million funding agreement with the U.S. Department of Commerce's CHIPS Research and Development Office, marking the first CHIPS for R&D award granted to a trapped-ion quantum computing architecture company.

Federal grant follows May letter of intent to fund quantum semiconductor manufacturing

The award, managed through the CHIPS and Science Act, finalizes a letter of intent announced in May 2026. The funding targets research, development and manufacturing capabilities for quantum semiconductors required to deploy fault-tolerant, large-scale trapped-ion quantum computers in the United States.

Washington – September 11, 2026 -- Quantinuum has finalized a $100 million federal funding agreement with the US Department of Commerce's CHIPS Research and Development Office, backing domestic manufacturing of trapped-ion quantum computers under the CHIPS and Science Act. The award follows a letter of intent announced in May and makes Quantinuum the only trapped-ion architecture company to receive CHIPS R&D funding.

Federal grant targets fault-tolerant quantum hardware supply chain

The funding will support R&D and manufacturing capacity for quantum semiconductors required to scale trapped-ion quantum computers to fault-tolerant levels. Quantinuum said the grant will help diversify its supply chain by integrating domestic partners GlobalFoundries and Monarch Quantum into its production process.

Riyadh, Saudi Arabia – September 08, 2026 -- Quantinuum and Aramco have signed a non-binding memorandum of understanding to explore industrial applications of quantum computing across the energy sector, the companies announced.

Aramco and Quantinuum plan technical onboarding to identify energy-sector challenges suited to quantum computing

Under the MOU, the two companies intend to undertake preliminary technical onboarding and knowledge exchange activities. They will identify Aramco's operational and scientific challenges that may be suitable for quantum computing research, with emphasis on solving complex problems tied to energy and digital transformation.