💨 Abstract

French quantum computing company Pasqal is going public via a SPAC merger with Bleichroeder Acquisition Corp II, valuing it at $2 billion. The deal includes a $200 million private funding round and aims for a Nasdaq listing this year, with a potential Euronext listing in 2026 or 2027. Pasqal, which focuses on neutral atom quantum computing, plans to double production capacity and invest heavily in R&D.

Courtesy: Anna Heim