Honeywell Quantum leader Tony Uttley now is chief operating officer.
“We are still in the early stages of a shakeout in the sector,” Sorensen said.
Quantum computing
The tie-up completes a process thecompanies announced in June.
Under the deal, Honeywell is contributing its subsidiary and a $300 million convertible note.
But for quantum computers, tech giants and startups are pursuing a wide variety of designs.
It’s not yet clear which will prevail.
It’s possible multiple approaches will survive, each adapted for different tasks.
In coming days, Quantinuum will announce a cybersecurity product, too.
Honeywell’s approach uses a method called an ion trap the company expects will be good for quantum chemistry.
“They are flexible about the hardware, which is good,” saidConstellation Research analyst Holger Mueller.
“They would lose a lot if they did abandon that.”
