Pasqal already has one of the largest commercial deployments in the neutral atom quantum computing space, with seven quantum computers serving more than 25 enterprise, scientific, and government customers and partners. The business combination is expected to provide more than $600 million in gross proceeds to further advance commercialization and development of fault-tolerant quantum computing systems.
The international Reed Smith deal team included Constantine Karides, Lyn Reinhardt, Jocelyne Kelly, Guilain Hippolyte, Liz Graffeo, Michael S. Lee, Ashley Jaber, Angelo Ciavarella, and Benoît Bernard.
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