Quantinuum signs non-binding MOU with Aramco to explore synergies leveraging industrial quantum computing research, applications, and expertise. Sep 03, 2026, 10:14 ET Non-binding Memorandum of Understanding (MOU) aims to support innovation and operational excellence within the energy sector. RIYADH, Saudi Arabia, Sept. 3, 2026 /PRNewswire/ - Quantinuum, a leading quantum computing company, today announced the signing of a non-binding MOU with Aramco, one of the world's leading integrated energy and chemicals companies, to explore a series of industrial use cases, enhance quantum computing capabilities, and prepare for a potential research collaboration focused on fault-tolerant quantum computing. Under the MOU, the companies intend to undertake preliminary technical onboarding and engage in knowledge exchange activities. They will also identify Aramco's challenges that may be suitable for quantum computing research with an emphasis on solving complex problems in energy and digital transformation. The collaboration aims to assess how future generations of quantum systems may address relevant scientific and industrial challenges, and to benchmark different quantum computing modalities. The collaboration complements Aramco's existing initiatives to position itself as a leader in the application of advanced quantum technologies within the energy industry, reinforcing its efforts towards supporting the digital transformation of the sector and contributing to the evolving quantum computing roadmap for the energy industry. "Organizations that expect to benefit from quantum computing need to begin developing their expertise, algorithms and workflows today," said Dr. Rajeeb Hazra, President and CEO of Quantinuum. "This MOU creates a framework for Quantinuum and Aramco to exchange expertise, identify important industrial challenges and prepare for a deeper research collaboration. By combining Aramco's scientific and engineering knowledge with Quantinuum's integrated hardware and software capabilities, we aim to build a strong foundation for research across future generations of quantum computing." About Quantinuum Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity.[[1]] Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of over 800 employees, including top scientists and researchers. Quantinuum's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore. For more information, please visit www.quantinuum.com. Cautionary Statement Concerning Forward-Looking Statements This press release contains certain statements that may be deemed "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words "anticipate," "assume," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future," "will," "seek," "foreseeable," the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for Quantinuum to predict all such factors. For additional information on these and other risks that could affect Quantinuum's forward-looking statements, see Quantinuum's risk factors discussed in its filings with the U.S. Securities and Exchange Commission, including its Quarterly Report on Form 10-Q for the period ended June 30, 2026, as such risk factors may be updated from time to time. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Quantinuum does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. [[1]] As of December 31, 2025. SOURCE Quantinuum

Saudi quantum hardware partnership targets post-quantum cryptography readiness. Pasqal and KACST have launched a multi-year research program in Saudi Arabia to test quantum hardware for post-quantum cryptography, integrating neutral-atom processors with national infrastructure and focusing on quantum-secure key generation and algorithm validation Pasqal, a developer of neutral-atom quantum processors, and Saudi Arabia's King Abdulaziz City for Science and Technology (KACST) have formalized a multi-year research collaboration aimed at advancing quantum technology research and post-quantum cryptography (PQC) readiness across the Kingdom. The agreement, executed through KACST's National Center for Quantum Technologies (NCQT), will combine Pasqal's quantum hardware and cloud-access platform with Saudi Arabia's national research infrastructure, including integration with the Aramco Quantum Compute Hub in Dhahran and KACST's central facilities in Riyadh. Quantum hardware and cryptography integration. The collaboration is structured to address three main technical areas: post-quantum cryptography, quantum-secure key generation, and the development of cross-domain quantum algorithms. The research program will focus on designing, testing, and packaging cryptographic algorithms that are resistant to quantum-enabled decryption attacks. This includes the generation of cryptographic keys suitable for both classical and quantum computing environments, with key management and validation taking place at the NCQT facility in Riyadh. The partnership aims to connect Saudi researchers directly to Pasqal's neutral-atom quantum processors and cloud execution pipelines, enabling hands-on experimentation with quantum hardware for cryptographic applications. National infrastructure and commercial pathways. Saudi Arabia's national quantum infrastructure will play a central role in the project, with the NCQT and KACST's R&D facilities providing the physical and technical foundation for hardware integration and algorithm testing. The collaboration also includes plans for a joint venture with Eleven Ventures to develop enterprise PQC solutions tailored to the Saudi market, aligning with the country's Vision 2030 strategy for deep technology commercialization. The program builds on previous regional deployments, such as the installation of a neutral-atom quantum computer at Saudi Aramco's Dhahran data center, and is intended to support the expansion of quantum research and commercialization across the Middle East and North Africa (MENA) region. Technical evidence and remaining challenges. As quantum hardware platforms progress toward higher qubit counts and improved error rates, the urgency for quantum-resistant cryptographic solutions is increasing for critical infrastructure, financial institutions, and government networks. The research program will evaluate the performance of candidate PQC algorithms on Pasqal's neutral-atom hardware, but the current generation of devices remains in the noisy intermediate-scale quantum (NISQ) regime, with error rates and coherence times that limit the depth and reliability of implemented circuits. While the collaboration is positioned to accelerate the validation of PQC schemes, the transition to fault-tolerant quantum computing-required for large-scale cryptanalysis-remains a significant engineering challenge. The program's outcomes will depend on the ability to benchmark algorithm performance, manage noise, and integrate quantum and classical cryptographic workflows within Saudi Arabia's research infrastructure. Regional context and related initiatives. The agreement was announced in Riyadh at the King Salman Science Oasis, coinciding with the LEAP 2026 technology conference. The initiative is part of a broader effort to convert academic quantum research into commercial offerings for the Middle Eastern market, in line with Saudi Arabia's Vision 2030 objectives. The regional push for post-quantum security is not unique to Saudi Arabia; similar efforts are underway internationally, including hardware-based PQC deployments for defense networks as described in recent coverage of UK and Five Eyes infrastructure upgrades. The Saudi program distinguishes itself by integrating neutral-atom quantum hardware directly into national research and enterprise environments, providing a testbed for both cryptographic research and workforce development. Understanding the distinction between quantum and post-quantum cryptography is essential in this context. Post-quantum cryptography refers to classical cryptographic algorithms designed to resist attacks from future fault-tolerant quantum computers, while quantum cryptography leverages quantum phenomena such as entanglement and superposition for secure communication. Current PQC algorithms can be implemented on conventional hardware, but their security assumptions are based on mathematical problems believed to be hard for both classical and quantum computers. The transition to quantum-resistant infrastructure requires not only algorithm selection and standardization, but also careful integration, performance benchmarking, and ongoing evaluation as quantum hardware capabilities evolve.