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Quantum

A new substrate for computation

Real science meets lottery-ticket valuations. The hardware approaches are still diverging — trapped ions, superconducting, photonic, neutral-atom — and recent U.S. plans for funding incentives and equity stakes have re-rated the whole sector.

We track the pure-plays by modality alongside the deep-pocketed incumbents.

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18 companies

Alphabet Inc.GOOGL
Market cap$4.6T
Conviction5 / 5
Vision modelsAutonomous systemsAI compute
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International Business Machines CorporationIBM
Market cap$280B
Conviction5 / 5
Superconducting qubits
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Microsoft CorporationMSFT
Market cap$3.3T
Conviction5 / 5
AI infrastructureTopological qubitsCloud security
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NVIDIA CorporationNVDA
Market cap$5.1T
Conviction5 / 5
AI computeAI infrastructureVision models
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Amazon.com, Inc.AMZN
Market cap$2.9T
Conviction4 / 5
AI infrastructureAI computeQuantum software & access
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Honeywell International Inc.HON
Market cap$151B
Conviction4 / 5
Trapped-ion qubits
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Atom Computing Inc.Private
Market cap
Conviction3 / 5
Neutral-atom qubits
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Infleqtion, Inc.INFQ
Market cap$3.5B
Conviction3 / 5
Neutral-atom qubits
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Intel CorporationINTC
Market cap$576B
Conviction3 / 5
Spin qubits
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IonQ, Inc.IONQ
Market cap$27B
Conviction3 / 5
Trapped-ion qubits
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PasqalPrivate
Market cap
Conviction3 / 5
Neutral-atom qubits
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PsiQuantum, Corp.Private
Market cap
Conviction3 / 5
Photonic quantum
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D-Wave Quantum Inc.QBTS
Market cap$11B
Conviction3 / 5
Quantum annealing
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QuantinuumPrivate
Market cap
Conviction3 / 5
Trapped-ion qubits
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QuEra Computing Inc.Private
Market cap
Conviction3 / 5
Neutral-atom qubits
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Rigetti Computing, Inc.RGTI
Market cap$8.5B
Conviction3 / 5
Superconducting qubits
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Arqit Quantum Inc.ARQQ
Market cap$287M
Conviction2 / 5
Post-quantum cryptography
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Quantum Computing Inc.QUBT
Market cap$2.7B
Conviction2 / 5
Photonic quantum
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