Quantum Scale-Up Pasqal Plans $2B SPAC Listing, Promises To ‘Remain French
French quantum computing firm Pasqal is going public via a $2B SPAC deal on Nasdaq — while promising to stay proudly French. Here's what it means
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Quantum Scale-Up Pasqal Plans $2B SPAC Listing, Promises To ‘Remain French
Pasqal's $2B SPAC Listing: French Quantum Giant Goes Global French quantum computing company Pasqal is heading to Wall Street — but it has no plans to leave Paris behind. The company announced a landmark $2 billion SPAC merger that will list it on the Nasdaq, making it one of Europe's most ambitious quantum computing IPOs to date. Here's everything you need to know about this milestone deal and why it matters for the future of quantum tech. Europe's Quantum Race Is Heating Up Fast
The global race for quantum computing dominance just got more interesting. Just two weeks after Finnish quantum unicorn IQM announced its own SPAC-driven path to public markets, its French rival Pasqal is following suit — a clear sign that European quantum firms are no longer content to sit on the sidelines while American competitors command massive market valuations. Pasqal will merge with Bleichroeder Acquisition Corp II and list on the Nasdaq, with the deal valuing the company at $2 billion p…