Quantinuum builds and sells a full-stack quantum computing platform including hardware, software, and developer tools. The company utilizes a trapped-ion architecture that uses lasers to control suspended ions as qubits. Its primary hardware system, Helios, features 98 physical qubits and is available through the Nexus cloud platform, partners like Microsoft Azure, or via on-premises deployments. Quantinuum’s software offerings include the TKET compiler and the Guppy programming language, designed to help users run quantum programs without deep physics expertise. Formed in 2021 from the merger of Honeywell Quantum Solutions and Cambridge Quantum, the company remains majority-owned by Honeywell. Quantinuum generates revenue from hardware access, software licensing, R&D services, and IP monetization. The business model relies on heavy R&D investment to improve hardware performance, which the company aims to use to solve complex problems in drug discovery, financial modeling, and cryptography. As hardware capabilities scale, Quantinuum intends to shift its focus toward higher-margin recurring software and IP licensing. Current customers include research institutions, government agencies, and large enterprises like JPMorgan Chase and Amgen, though most projects are currently in pilot stages. The company plans to scale production by transitioning from in-house assembly to outsourced manufacturing while retaining control over its core intellectual property.