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Quantum Computing Companies Are in a Race to Go Public

Quantum Computing Companies Are in a Race to Go Public
Analyst Bio:

Quantum companies IQM, Pasqal, Terra Quantum, Seeqc, and Quantinuum have all unveiled plans to go public this year, the majority through SPAC deals.

Quantum companies are also legitimizing themselves by continuing to execute on the technology development milestones in their public road maps, said John McPeake, senior research analyst at Rosenblatt Securities.

Many of those road maps put the era of so-called “fault tolerance,” when quantum machines can reliably run large-scale commercial applications, occurring by the end of the decade.

“So it’s not too far out. That’s what I think is driving the interest,” McPeake said.

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