Pasqal (Nasdaq: PSQL) has achieved ISO/IEC 27001:2022 certification for its information security management system covering quantum computing activities.
SGS certified the system under COFRAC accreditation following an independent audit. The standard addresses information security, cybersecurity and privacy protection. The certified scope spans design and development through production, deployment, maintenance and support, including software development and corporate functions. Pasqal said the certification provides customers with independent assurance that it systematically manages information security risks across its certified activities.
Pasqal (PSQL) has made an AI-assisted workflow available on Pasqal Cloud to help users turn scientific ideas into quantum hardware experiments.
The plugin works with coding environments including Claude Code, Cursor and Codex. It converts an experimental protocol into a hardware-ready job, checks it in emulation, submits it through the cloud and processes results into scientific measurements. Pasqal says the workflow reduces engineering effort while leaving scientific judgment and validation with users. Experiments can run on three quantum processing units, or QPUs, available to external users: Ruby in France, FC1 in Sherbrooke, Canada, and SA1 in Saudi Arabia.
Pasqal (PSQL) is coordinating implementation of Q-PLANET, a European consortium backed by €50 million to develop neutral-atom quantum technology components.
The initiative brings together 28 partners from 11 European countries over three years, with co-funding from the EU Chips Joint Undertaking and national or regional authorities. The consortium plans to develop industrial-grade components for quantum computing, sensing and communication, alongside standardized design kits to support industrial fabrication. Pasqal will lead development of chip-based laser sources at 1013 nm and serve as an end-user of laser sources and microfabricated vapor cells, providing specifications for development, testing and validation.
Pasqal (NASDAQ: PSQL) has appointed Roger L. Chuchen as Head of Investor Relations to establish and lead its investor relations function. The appointment follows the company's Nasdaq listing in August 2026.
Chuchen will work with executive leadership and the Board on investor engagement, communications, market intelligence and disclosure-related activities. He brings more than 25 years of experience across technology, investment management, equity research and corporate investor relations, most recently serving as Vice President of Investor Relations at AudioCodes.
Pasqal (NASDAQ: PSQL) has appointed Florence Lao as Chief Legal Officer to oversee its global legal strategy and advise its leadership. Her responsibilities include corporate governance, securities law compliance, commercial transactions, intellectual property and regulatory compliance. She will also support international operations and expansion across key markets.
Lao brings nearly 20 years of experience as an international business lawyer. She previously served as General Counsel and Board Secretary of Deezer and held senior legal leadership roles at Adisseo and SMCP, where she participated in its 2017 initial public offering on Euronext Paris.
Pasqal (PSQL) is shifting its collaboration with French public authorities toward commercial applications and ending participation in the LSQUARE defense program.
Pasqal completed all technological objectives of LSQUARE’s first phase before ending its participation in the program, also known as PROQCIMA. It has been invited to participate in civil public support programs that are still being defined. The French Secrétariat général pour l’investissement (SGPI) and Direction générale des entreprises (DGE) have requested a research and development program from Pasqal for fault-tolerant quantum computing (FTQC) using neutral atoms.
Pasqal says the commercial focus aligns with its growth strategy and will support faster implementation of its FTQC roadmap beyond PROQCIMA.
Pasqal (PSQL) reported €4.9 million in revenue for the six months ended June 30, 2026, up 14% year over year.
Quantum processing unit (QPU)-related services revenue rose 34% to €3.9 million. Operating loss widened to €59.2 million from €19.8 million a year earlier; the 2026 figure includes €27.3 million in share-based payments and €10.2 million in one-time transaction expenses. Cash used in operating activities was €25.2 million, compared with €20.0 million in the first half of 2025.
Booked and awarded business totaled €70.4 million at June 30. Cash and cash equivalents were €110.8 million at that date and approximately €312.9 million on August 27, following the business combination with Bleichroeder Acquisition Corp. II and related financing transactions. Pasqal also deployed a 200-qubit system in Saudi Arabia and delivered a 140-qubit system in Italy.
Pasqal (PSQL) announced on September 23, 2026, that it received an EIC Fund Award at the TechEU Equity Summit in Luxembourg.
The award recognized Pasqal as one of the first companies in the EIC Fund’s portfolio to complete a SPAC transaction and become publicly listed on Nasdaq. Its Nasdaq listing took place on August 28. The awards recognize selected portfolio companies for their contributions to European deeptech.
Pasqal CEO Wasiq Bokhari also moderated a summit panel on exit strategies and access to capital markets. The European Investment Bank organized the event.
Pasqal (PSQL) will ring the Nasdaq Closing Bell on September 17, 2026, to celebrate its recent public listing under the ticker PSQL.
The ceremony is described as a milestone in Pasqal’s evolution from quantum computing research to deployment of neutral-atom quantum solutions for real-world problems. As a public company, Pasqal intends to accelerate the global rollout of its quantum computing platform, foster continued innovation, and broaden adoption across commercial and public-sector applications. The company’s focus remains on translating advances in quantum technology into practical solutions to complex challenges.
USA Rare Earth (USAR), Pasqal (PSQL) and Riven Systems announced a strategic partnership to develop next-generation separation technology for the rare earth value chain using quantum machine learning and autonomous experimentation.
Riven’s self-driving minerals separation lab will run thousands of automated experiments to generate training data on extractant selectivity, while Pasqal’s Neutral Atom quantum processing unit will benchmark quantum machine learning models against classical approaches. The work will be tailored to USA Rare Earth’s feedstocks, including material from the Round Top mine in Texas, third-party mixed rare earth carbonates and recycled magnet manufacturing swarf, with the aim of identifying more effective extractant molecules and improving processing efficiency across USA Rare Earth’s flowsheets.