Pasqal Holding SA reported first-half 2026 revenue of €4.9 million, up 14% year over year, including €3.9 million from QPU-related services, which increased 34%. Booked and awarded business reached €70.4 million as of June 30, including grants, tax credits and multi-year customer contracts. The company posted an operating loss of €59.2 million, including €27.3 million in share-based payments and €10.2 million in transaction-related expenses tied to its business combination and listing. Cash and cash equivalents were €110.8 million at June 30 and approximately €312.9 million as of Aug. 27 following the combination with Bleichroeder Acquisition Corp. II and related financing. Pasqal highlighted customer and technology developments involving NVIDIA, Google, Saudi Aramco, Crédit Agricole, Italy and Saudi Arabia, including systems with 200 and 140 qubits, a 1,024-atom register and progress in logical-qubit applications. The company also entered partnerships spanning food-protein design, critical minerals and quantum research, while advancing photonic-chip integration through its Aeponyx subsidiary.