Up to$1 BillionInvestment Over 10 years byQatarin State-of-the-Art Quantum Technologies and Workforce Development to be Provided by the Joint Venture to Academic and Industrial Partners
DOHA, Qatar,May 15, 2025/PRNewswire/ -- Quantinuum, the world leader in quantum computing, is establishing a Qatari-incorporated Joint Venture with Al Rabban Capital, a division of Al Rabban Holding Company, one ofQatar'smost prominent companies. The Joint Venture will accelerate quantum computing adoption inQatarand the region, strategically positioning the U.S. andQataras global leaders in the quantum revolution. This first of its kind quantum technology partnership washighlighted by the President ofthe United Statesduring his historic state visit toQatar.
The Joint Venture has three core objectives: enabling access to Quantinuum's world-leading quantum technologies in the region; co-developing quantum computing applications tailored to regional needs in areas such as New Energy, Materials Discovery, Precision Medicine, Genomics, and Financial Services, with new opportunities emerging in the era ofGenerative Quantum AI (GenQAI); and, training the next generation of quantum computing developers inQatarand the region.
Quantinuum is steadily expanding its global presence to meet the growing international demand for its technology and applications. The company's expansion into the Gulf region, starting withQatar, follows its successful growth across the U.S., U.K.,Europeand Indo-Pacific. This Joint Venture reflects a shared commitment by the U.S. andQatarto strengthen strategic ties, spur bilateral investment in future-defining industries, and foster technological leadership and shared prosperity.
Quantinuum's Joint Venture with Al Rabban Capital builds on its partnershipannounced last yearwith Hamad Bin Khalifa University and the Qatar Center for Quantum Computing (QC2),Qatar'spremier quantum research hub.
"This is a defining moment inQatar'sambition to become a regional hub for advanced technologies like quantum computing,"saidAbdulaziz Khalid Al Rabban, Chairman, Al Rabban Capital."We're partnering with Quantinuum to deliver world-class quantum solutions, driving economic growth inQatarand the region."
"This Joint Venture demonstrates our shared vision to lead in transformative technologies,"said Dr.Rajeeb Hazra, President& CEO of Quantinuum."Together with Al Rabban Capital, we're accelerating the commercial adoption of quantum computing inQatarand the region whilst serving U.S. and Qatari strategic interests."
About Quantinuum
Quantinuumis the world leader in quantum computing. The company's quantum systems deliver the highest performance across key industry benchmarks. Quantinuum's over 550 employees, including 370+ scientists and engineers, across the US, UK,Germany, andJapan, are driving the quantum computing revolution.
For more information, please visit:https://www.quantinuum.com
About Al Rabban Capital
Al Rabban Capital (ARC) is a Qatari investment and advisory firm driving business growth acrossQatarand the GCC. ARC enable market entry and expansion through joint ventures, strategic partnerships, and deep local insight. ARC supports both public and private sector initiatives with tailored, end-to-end solutions. Beyond capital, ARC provide strategic guidance, governance, and access to a robust regional network. ARC's focus includes AI, quantum tech, healthcare, and sustainability, with a commitment to impactful growth.
For more information, please visit:https://www.alrabbancapital.com
SOURCE Quantinuum