Strategic Partnership Agreement

To Develop the Quantum Computing Market in Japan and Asia-Pacific

October 18, 2022

Tokyo, Japan, Cambridge, UK, Broomfield, Colorado, October 18th, 2022 — Mitsui & Co., Ltd (“Mitsui”) and Quantinuum have signed a strategic partnership agreement to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.

Mitsui, which is committed to digital transformation, and Quantinuum, one of the world’s leading quantum computing companies, integrated across hardware and software, have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future. 

Mitsui and Quantinuum will accelerate collaboration, cooperation, and development of new business models. They will jointly pursue quantum application development and provide value added services to organizations working across a variety of quantum computing domains, which is expected to be worth US$450B – US$850B worldwide by 2040.*

Yoshio Kometani, Representative Director, Executive Vice President and Chief Digital Information Officer of Mitsui & Co., Ltd. stated: “We are very pleased with the strategic partnership between Mitsui and Quantinuum. By combining Quantinuum's cutting-edge quantum computing expertise and diverse quantum talents with Mitsui's broad business platform and network, we will work together to provide new value to our customers and create new business value in a wide range of industrial fields.”

Ilyas Khan, Founder and CEO of Quantinuum stated: “The alliance between Mitsui and Quantinuum demonstrates our shared commitment to accelerating quantum computing across all applications and use cases in a diverse range of sectors, including chemistry, finance, and cybersecurity. Today’s announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui.”

Details of the Strategic Partnership
  • Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)
  • Market development through dissemination and sharing of quantum computing knowledge
  • Introduction of Quantinuum's quantum computing solutions to the Japanese and Asia-Pacific markets
Collaboration areas and applications
  • Quantum computational chemistry (pharmaceutical, chemical, energy industry, etc.)
  • Quantum cybersecurity
  • Various optimization applications using quantum computers
  • Quantum natural language processing and artificial intelligence
Recent Achievements by Quantinuum
  • In December 2021, announced Quantum Origin, the world's first commercial cybersecurity product that uses a quantum computer to do something impossible on a classical machine.
  • In May 2022, launched InQuanto, a state-of-the-art quantum computational chemistry software platform using quantum computers. Quantinuum announced collaboration with Mitsui in the field.
  • In August 2022, Quantinuum succeeded in entangling two logical qubits in a fault-tolerant quantum circuit for the first time using real-time quantum error correction, an important step toward realizing a fully fault-tolerant quantum computer.
  • In September 2022, Quantinuum announced the achievement of QV8192, the world's highest quantum volume in the gated ion trap quantum computer System Model H1, Powered by Honeywell.
  • Also, TKET, Quantinuum's quantum compiler (a free open-source software development kit), exceeded 500,000 downloads in 2022.
For inquiries regarding this matter, please contact:

About Mitsui & Co., Ltd.

Location: 1-2-1 Otemachi, Chiyoda-ku, Tokyo

Established: 1947

Representative: Kenichi Hori, President and Representative Director

Mitsui & Co., Ltd. (8031: JP) is a global trading and investment company with a diversified business portfolio that spans approximately 63 countries in Asia, Europe, North, Central & South America, The Middle East, Africa and Oceania.

Mitsui has about 5,500 employees and deploys talent around the globe to identify, develop, and grow businesses in collaboration with a global network of trusted partners. Mitsui has built a strong and diverse core business portfolio covering the Mineral and Metal Resources, Energy, Machinery and Infrastructure, and Chemicals industries. 

Leveraging its strengths, Mitsui has further diversified beyond its core profit pillars to create multifaceted value in new areas, including innovative Energy Solutions, Healthcare & Nutrition and through a strategic focus on high-growth Asian markets. This strategy aims to derive growth opportunities by harnessing some of the world’s main mega-trends: sustainability, health & wellness, digitalization and the growing power of the consumer. 

Mitsui has a long heritage in Asia, where it has established a diverse and strategic portfolio of businesses and partners that gives it a strong differentiating edge, provides exceptional access for all global partners to the world’s fastest growing region and strengthens its international portfolio.   

For more information on Mitsui & Co’s businesses visit, https://www.mitsui.com/jp/en/index.html

About Quantinuum

Location: Cambridge, U.K., Broomfield, Colorado, U.S.A.

Established: December 2021 (through the merger of Honeywell Quantum Solutions (U.S.) and Cambridge Quantum Computing (U.K.))

Representative: Ilyas Khan, CEO; Tony Uttley, COO; Shuya Kekke, CEO & Representative Director, Japan

Quantinuum is one of the world’s largest integrated quantum computing companies, formed by the combination of Honeywell Quantum Solutions’ world-leading hardware and Cambridge Quantum’s class-leading middleware and applications. Science-led and enterprise-driven, Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization. Its focus is to create scalable and commercial quantum solutions to solve the world’s most pressing problems in fields such as energy, logistics, climate change, and health. The company employs over 480 individuals, including 350 scientists, at nine sites across the United States, Europe, and Japan.

Selected major customers (in Japan): Nippon Steel Corporation, JSR Corporation

www.quantinuum.com

Yoshio Kometani, Representative Director, Executive Vice President and Chief Digital Information Officer of Mitsui & Co., Ltd. and Tony Uttley, Chief Operation Officer of Quantinuum
Quantinuum System Model H-1 powered by Honeywell
About Quantinuum

Quantinuum, the world’s largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. Quantinuum’s technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, Quantinuum leads the quantum computing revolution across continents. 

April 3, 2025
Quantinuum Selected by DARPA to Advance to First Stage of Quantum Benchmarking Initiative

Broomfield, CO, April 3rd, 2025 — Quantinuum, the industry leader in quantum computing with the world’s most powerful quantum computer, has been selected by the Defense Advanced Research Projects Agency (DARPA), a research and development agency of the United States Department of Defense, to participate in the first stage of the agency’s Quantum Benchmarking Initiative (QBI).

QBI aims to assess the feasibility of building an industrially useful quantum computer by 2033. Successful QBI performers will advance through stages A, B, and C; Stage A requires performers to describe their utility-scale quantum computer with a path to near-term realization, where utility-scale means the computational value exceeds costs.

As validated in a recent independent benchmarking study by a group of institutions at the forefront of quantum computing research, Quantinuum’s quantum systems are the highest performing in the industry. Last year, Quantinuum published its development roadmap, outlining a path to a universal, fully-fault tolerant quantum computer by 2029. Beyond this public roadmap, Quantinuum plans to scale to even larger machines in the early part of the 2030s, aligning with the objectives of QBI.

“We are honored to collaborate with DARPA and look forward to working closely with their test and evaluation team as they assess our roadmap and technological approach,” said Dr. Rajeeb Hazra, President and CEO of Quantinuum. “With our roadmap firmly on track, we are confident in our ability to deliver on DARPA’s objectives for QBI.”

Microsoft and NVIDIA will take part in Quantinuum’s Stage A effort, building on their long-standing collaborations with Quantinuum in advancing commercially scalable quantum computing.

About Quantinuum

Quantinuum is the world leader in quantum computing. The company’s quantum systems deliver the highest performance across all industry benchmarks. Quantinuum’s over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution.  

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April 2, 2025
Quantinuum’s ‘Quantum Origin’ Becomes First Software Quantum Random Number Generator to Achieve NIST Validation

Broomfield, CO, April 2nd, 2025 — Quantinuum, the industry leader in quantum computing with the world’s highest performing quantum computer, today announced that  Quantum Origin, the company’s software Quantum Random Number Generator (QRNG), has received National Institute of Standards and Technology (NIST) validation. Quantum Origin is the first software QRNG to achieve this validation, establishing it as a crucial tool for federal agencies and agency partners in their mandated migration to post-quantum cryptography (PQC) under National Security Memorandum 10. This achievement will help strengthen cybersecurity in the age of PQC.

Quantum Origin generates mathematically proven randomness — a capability unmatched by hardware-based QRNGs or traditional pseudo-random number generators. Unlike hardware solutions that require specialized equipment and can be affected by environmental factors, Quantum Origin delivers consistent, proven randomness through flexible software deployment. Proven quantum randomness is an essential foundation for comprehensive quantum security strategy alongside PQC.

"The evolving threat landscape demands a new era of cybersecurity solutions for governments, enterprises, and critical infrastructure," said Dr. Rajeeb Hazra, President and CEO of Quantinuum. "Quantinuum is at the forefront of this transformation, driving innovation in quantum cybersecurity. Our recent certified randomness demonstration with JPMorganChase, and our NIST-validated Quantum Origin platform are just two examples of how we are deepening our portfolio to meet this critical need."

Quantum Origin is delivered entirely as self-contained software, making it adaptable to diverse environments from cloud solutions to highly sensitive systems. It can be deployed with zero network connectivity, enabling protection for air-gapped networks and confidential environments where traditional hardware-based QRNGs cannot operate effectively. It provides quantum-enhanced security without impacting the size, weight, and power (SWaP) requirements of existing systems, a critical consideration for resource-constrained deployments.

U.S. Made using Quantinuum's quantum computers based in Colorado, Quantum Origin helps mitigate supply chain risks associated with foreign-sourced hardware components. It is designed to integrate seamlessly with existing NIST-approved cryptographic systems without requiring recertification. With this NIST validation, organizations can now accelerate their adoption of quantum-enhanced security within existing compliance frameworks.

Visit https://www.quantinuum.com/quantum-origin to learn how Quantum Origin can strengthen federal and enterprise cryptographic systems today.

About Quantinuum

Quantinuum is the world leader in quantum computing. The company’s quantum systems deliver the highest performance across all industry benchmarks. Quantinuum’s over 550 employees, including 370+ scientists and engineers, across the US, UK, Germany, and Japan, are driving the quantum computing revolution.

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March 26, 2025
JPMorganChase, Quantinuum, Argonne National Laboratory, Oak Ridge National Laboratory and University of Texas at Austin advance the application of quantum computing to potential real-world use cases beyond the capabilities of classical computing
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