Quantinuum, a trapped-ion quantum computing firm, has signed a memorandum of understanding with Saudi Aramco to explore quantum computing applications in the energy sector, including logistics optimization, energy resource management, and CO2 storage simulations. The partnership aligns with Aramco’s digital transformation strategy tied to Saudi Arabia’s Vision 2030 initiative, as the oil giant expands its quantum computing capabilities. Aramco already operates Saudi Arabia’s first quantum computer, a 200-qubit neutral-atom system deployed in November 2025 through its partnership with French company Pasqal, and launched the region’s first commercial Quantum Computing as a Service platform in May 2026. Financially, Quantinuum reported 279% year-over-year revenue growth to $8 million in Q2 2026, with full-year 2026 guidance raised to between $28 million and $32 million.
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