Honeywell's quantum computing firm inches closer to a pivotal step for investors
Honeywell announced Thursday that its quantum computing company, Quantinuum, has raised another $600 million in funding at an approximately $10 billion valuation . The latest round sets the privately held firm up for a highly anticipated initial public offering . In July, Honeywell CEO Vimal Kapur said that the company is looking to bringQuantinuum public in 2027 . Quantum computing technology is still in the early innings and a ways off from widespread commercial use .
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