aiqbench analysis
Pasqal and Eleven Ventures have formed a joint venture to deploy commercial quantum computing systems in Saudi Arabia, aiming to build local expertise and infrastructure aligned with Vision 2030. This move positions the Kingdom as a regional hub for quantum technology, shifting from passive access to active development of high-performance quantum hardware within the MENA region.
Pasqal and Eleven Ventures will build quantum computers in Saudi Arabia
Pasqal and Eleven Ventures announced an agreement to establish a commercial joint venture to deploy and scale Pasqal’s quantum computing systems across the Kingdom of Saudi Arabia and the broader MENA region, coinciding with the State Visit of the Kingdom of Saudi Arabia to France on August 24, 2026. The venture is designed to advance the Kingdom’s Vision 2030 ambitions in artificial intelligence and advanced computing, positioning the Kingdom as a regional hub for quantum technology.
HRH Prince Abdulaziz Bin Turki Bin Talal will chair the board of Pasqal Arabia, a new commercial venture established by Pasqal and Eleven Ventures to deploy multiple quantum computing systems within the Kingdom of Saudi Arabia and across the broader MENA region. The announcement coincides…
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