{"id":97349,"date":"2025-08-20T17:48:07","date_gmt":"2025-08-20T17:48:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/97349\/"},"modified":"2025-08-20T17:48:07","modified_gmt":"2025-08-20T17:48:07","slug":"honeywells-hon-quantum-computing-arm-eyes-new-funding-at-10b-valuation","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/97349\/","title":{"rendered":"Honeywell\u2019s (HON) Quantum Computing Arm Eyes New Funding at $10B Valuation"},"content":{"rendered":"

Quantinuum, backed by major investors such as Honeywell International (HON)<\/a>, is in discussions to raise a new round of funding that could value the quantum computing<\/a> firm at about $10 billion, Bloomberg reported.<\/p>\n

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The potential fundraising involves both current and prospective investors. Importantly, semiconductor<\/a> giant Nvidia (NVDA)<\/a> is among the companies that have been approached for a possible investment.<\/p>\n

However, it is worth noting that the talks are ongoing, and there is no guarantee that a final agreement will be reached.<\/p>\n

This capital raise comes after Quantinuum raised $300 million in its first equity round since its formation, at a pre-money valuation of $5 billion. Thus, the latest round nearly doubles Quantinuum\u2019s valuation.<\/p>\n

Quantinuum\u2019s Path to a Trillion-Dollar Market<\/p>\n

Quantinuum was formed in 2021<\/a> through the merger of Cambridge Quantum and Honeywell Quantum Solutions. Since then, the company has rapidly advanced its position in quantum computing, aiming to build a fully fault-tolerant quantum computer by 2030.<\/p>\n

In 2024, it achieved a major milestone by showing 12 logical qubits in collaboration with Microsoft (MSFT)<\/a>, marking a big step toward building larger, more powerful quantum systems.<\/p>\n

Further, its upcoming Helios system<\/a> is expected to support enough logical qubits to outperform classical computers in fields like finance, chemistry, and computational biology. These steps are part of a bigger plan to make quantum computing useful in the real world and tap into a projected trillion-dollar market.<\/p>\n

Is HON Stock a Good Buy?<\/p>\n

Turning to Wall Street, HON stock has a Moderate Buy consensus rating based on\u00a0five Buys and six Holds assigned in the last three months. At $249.78, the\u00a0average Honeywell stock price target<\/a>\u00a0implies a 14.66% upside potential.<\/p>\n

\"\"<\/a><\/p>\n

See more HON analyst ratings<\/a><\/p>\n

Disclaimer & Disclosure<\/a>Report an Issue<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Quantinuum, backed by major investors such as Honeywell International (HON), is in discussions to raise a new round…\n","protected":false},"author":2,"featured_media":97350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[191,74],"class_list":{"0":"post-97349","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-computing","9":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/97349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=97349"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/97349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/97350"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=97349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=97349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=97349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}