===Quantinuum (QNT) began trading on the Nasdaq on Thur 4 June 26

 

Quantinuum is the world’s largest integrated quantum computing company, formed in late 2021 by the merger of Honeywell Quantum Solutions (hardware expertise, trapped-ion technology) and Cambridge Quantum (software, algorithms, and quantum cybersecurity).Key Facts

• Headquarters: Broomfield, Colorado (US), with major operations in Cambridge, UK, and additional sites in Germany, Japan, and elsewhere.
• Employees: Approximately 450–680 (sources vary; includes 370+ scientists and engineers, with a high proportion holding advanced degrees).
• Leadership: CEO Rajeeb Hazra; Ilyas Khan (founder of Cambridge Quantum) serves as Chief Product Officer.
• Status: Privately held until recently; it completed a major IPO in early June 2026 on Nasdaq (ticker QNT), raising significant capital at a multi-billion-dollar valuation amid strong demand. Honeywell remains a major backer.

TechnologyQuantinuum specializes in trapped-ion quantum computers, widely regarded as among the highest-performing in the industry due to high gate fidelities, full qubit connectivity, and support for mid-circuit measurements.

• H-Series (e.g., System Model H2): Features up to 56 fully connected qubits, record quantum volumes (a holistic performance metric exceeding 2 million in some reports), and >99.99% single-qubit gate fidelity. It has demonstrated milestones like the first fully fault-tolerant universal gate set.
• Roadmap: Accelerated push toward universal, fault-tolerant quantum computing by 2030, with next-generation systems like Apollo (targeting 100+ qubits). Emphasis on scalable, high-fidelity hardware combined with error correction.
• Software & Full-Stack: Includes TKET (open-source compiler), InQuanto (chemistry-focused), Quantum Origin (quantum-enhanced cybersecurity/randomness), and the Nexus platform for cloud access, emulation, and hybrid workflows. Strong integration across hardware, software, and applications.

Access is available via cloud (e.g., Azure Quantum) and direct subscriptions, with emulators for development.

Applications and Focus AreasThe company targets commercial and scientific breakthroughs in:

• Materials discovery and computational chemistry
• Drug discovery and biology
• Cybersecurity (quantum-resistant solutions)
• Optimization, AI, finance, and energy (e.g., collaborations with bp on wave physics/seismic imaging)
• Hybrid quantum-classical computing for industry use cases

It emphasizes "science-led, enterprise-driven" solutions and has partnerships with entities like RIKEN, Mitsubishi Electric, NVIDIA, JPMorgan, Synopsys, and others.

Versigent Plc (VGNT) : 2-month performance

 

Retail Authentic Brands Group expects IPO in next 12 months

The founder of Authentic Brands Group, the management firm behind dozens of retail and media names including Reebok, Champion and Brooks Brothers, said he expects to take the company public in the next 12 months as he announced a former Wynn Resorts CEO will be its next chief executive.

• Authentic Brands Group, the management firm behind dozens of retail and media brands, has tapped Matt Maddox, a public company veteran and former Wynn Resorts executive, as its next CEO.
• As part of the transition, founder Jamie Salter will become executive chairman.

• Authentic generates about $38 billion in systemwide retail sales and has become a major force in the retail industry, known for buying the intellectual property behind popular brands that are distressed or bankrupt and licensing that IP for lucrative royalties. 
• It has more than 50 brands in its portfolio, including Sports Illustrated, Guess and Juicy Couture, and has partnered with major figures like Shaquille O’Neal, David Beckham and Kevin Hart.
• Authentic was almost entirely focused on apparel retailers for years, but these days, Salter said he is looking more toward entertainment acquisitions, which are currently the “driving force” of the business.
IPO History
• 2021 Attempt: ABG filed an S-1 registration statement with the SEC in July 2021 for an IPO on the NYSE under the ticker AUTH. It aimed to raise around $1–1.5 billion at a roughly $10 billion valuation. The company withdrew the filing in early 2022 (or late 2021) after selling a significant private stake to investors like CVC Capital Partners and HPS Investment Partners, valuing the company at about $12.7 billion.