Quantum computing company Quantinuum will establish a Qatari-incorporated joint venture with Al Rabban Capital, a Qatari investment and advisory firm and a division of Al Rabban Holding Company. Per the agreement, Qatar will invest up to $1 billion in quantum technologies and workforce development provided by the joint venture.

The joint venture has three core objectives: enabling access to Quantinuum’s quantum technologies in the region; co-developing quantum computing applications tailored to regional needs in areas such as new energy, materials discovery, precision medicine, genomics, and financial services, with new opportunities emerging in the era of generative quantum AI (GenQAI); and training the next generation of quantum computing developers in Qatar and the region.

Quantinuum’s joint venture with Al Rabban Capital builds on its partnership announced last year with Hamad Bin Khalifa University and the Qatar Center for Quantum Computing (QC2).

The company’s expansion into the Gulf region, starting with Qatar, follows its growth across the U.S., U.K., Europe and Indo-Pacific. The partnership was highlighted by President Trump during his state visit to Qatar.

Earlier this year, Quantinuum announced plans to build an R&D center in New Mexico. The company's previous milestones include a $300 million investment round from Honeywell, quantum computing advances with Microsoft, and the development of a 56-qubit quantum computer. The company is a participant in the AIM Photonics-led QUPICS project, and established a partnership with Infineon Technologies targeting AI and other fields.