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Pasqal's financial update highlights significant progress in neutral-atom quantum computing, marked by a 34% surge in QPU-related services revenue and the achievement of 1,024-atom registers. The company's integration with NVIDIA CUDA-Q and expanding deployments in finance and energy sectors underscore growing commercial viability for its hardware platform. Despite current operating losses driven largely by share-based payments and one-time listing charges, the strong cash position supports continued scaling of quantum applications.

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Pasqal Reports 14% Revenue Growth in First Half of 2026

The Quantum InsiderSeptember 24, 20267 min read

Insider Brief PRESS RELEASE — Pasqal Holding SA (Nasdaq: PSQL), a global leader in neutral-atom quantum computing, today announced its financial results for the first half of 2026, covering the six months ended June 30, 2026. First Half 2026 Financial Highlights (1) Booked and awarded business include grants, tax credit and multi-year customer contracts. “During […]

Pasqal reported €4.9 million in first-half 2026 revenue, up 14% year over year, with QPU-related services revenue rising 34% to €3.9 million. The company reported €70.4 million in booked and awarded business as of June 30, alongside an operating loss of €59.2 million and €110.8 million in cash and cash equivalents. Pasqal also reported technology and commercial milestones including 1,024-atom registers, logical-qubit work, NVIDIA CUDA-Q integration, deployments in Saudi Arabia and Italy, and partnerships across finance, energy and life sciences. PRESS RELEASE — Pasqal Holding SA (Nasdaq: PSQL), a global leader in neutral-atom quantum computing, today announced its financial results for the first half of 2026, covering the six months ended June 30, 2026. Revenue of €4.9 million, an increase of 14% year-over-year. QPU-related services revenue of €3.9 million, an increase of…

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