Quantinuum unveils $1bn Joint Venture in Qatar
Qatar will invest up to that figure in state-of-the-art quantum technologies and workforce development provided by the JV, supporting US and Qatari jobs and leadership in this critical emerging technology.
It is arguably the largest single investment in the sector, a Quantinuum source revealed.
.“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 in Qatar and the region whilst serving US and Qatari strategic interests.”
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 of Generative Quantum AI (GenQAI); and training the next generation of quantum computing developers in Qatar and 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 with Qatar, follows its successful growth across the US, UK, Europe and Indo-Pacific.
This Joint Venture reflects a shared commitment by the US and Qatar to 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 a partnership announced last year with Hamad Bin Khalifa University and the Qatar Center for Quantum Computing (QC2), Qatar’s premier quantum research hub.
“This is a defining moment in Qatar’s ambition to become a regional hub for advanced technologies like quantum computing,” said Abdulaziz Khalid Al Rabban, Chairman, Al Rabban Capital. “We're partnering with Quantinuum to deliver world-class quantum solutions, driving economic growth in Qatar and the region.”
US President Donald Trump is credited by the White House with helping to seal the deal during trade talks with Qatari leaders yesterday.
