The two companies have begun joint development of a hardware foundation for future Quantinuum quantum systems aimed at improving modularity, manufacturability, and scalability.
Osaka University spinout QuEL develops and sells control systems for quantum computers and recorded sales of ¥670 million and a net profit of ¥61.69 million for the fiscal year ending June 2025. This piece examines the company’s strengths—built on a track record with domestic research institutions and already generating profit—and the factors that will determine future growth, such as customer concentration and overseas expansion.
IonQ and Sandia National Laboratories have signed a memorandum of understanding to examine co-design of quantum computing and quantum networking technologies.
