Quantinuum stock surges 15%, joins HPE hybrid quantum computing push

Quantinuum Inc. (QNT) shares climbed more than 15% on June 17. Hewlett Packard Enterprise (HPE) named the company a key partner in an expanded quantum computing initiative.

The collaboration integrates quantum systems with classical high-performance computing (HPC) to create hybrid platforms. HPE will utilize its Cray supercomputing platform to transition quantum research into real-world applications.

HPE is also collaborating with Intel and Rigetti to build a full-stack, hybrid quantum supercomputing platform. The integration is expected to expand Quantinuum’s market reach and hardware use cases.