Quantinuum, a quantum computing company based in Broomfield, Colorado, said on November 6 that third-quarter revenue rose to US$9.1 million, while its GAAP net loss widened to US$118 million.

The company raised its 2026 revenue outlook to US$31 million-US$34 million, up from US$28 million-US$32 million.

Cash and cash equivalents stood at US$1.94 billion as of September 30, after Quantinuum received US$1.63 billion in gross proceeds from stock issuance in the first nine months of 2026.

A September 2025 US$600 million raise valued the company at US$10 billion before the funding.

Quantinuum was formed by combining Honeywell Quantum Solutions and Cambridge Quantum.

Quantinuum also said it signed its largest cloud agreement, a multi-year extension with a global financial institution.

The company added that assembly of its Helios system was underway in Singapore before planned commissioning in spring 2027.

It had previously announced plans for a new R&D center and a partnership with Singapore’s National Quantum Office.

🔗 Source: Quantinuum Inc.

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