StartupsThe Next Webabout 2 hours ago
Pasqal Debuts on Nasdaq With $360M Cash
1 min read
Pasqal began trading on Nasdaq under ticker PSQL after closing its SPAC merger with Bleichroeder Acquisition Corp. II, leaving roughly $360M in cash. The quantum computing firm holds a valuation near 100 times 2025 revenue of €16.5M, with seven deployed neutral-atom processors and customers including Saudi Aramco.
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