Pasqal reports €16.5M 2025 revenue, €66M booked business, 10 QPUs deployed at analyst day

Bleichroeder Acquisition Corp. II

Pasqal reported €16.5M in 2025 commercial revenue and €66M+ in booked & awarded business as of March 2026.
Pasqal has 7 installed QPUs and 3 in production, with 100-200+ qubits per system, operating without cryogenics.
Technology roadmap targets 10,000+ physical qubits and 200+ logical qubits with 99.9999% fidelity by 2029.
Key customers include Aramco, Credit Agricole, and LG Electronics; partnerships with IBM and Nvidia.
Pasqal has raised $550M+ to date, including $250M committed convertible financing for the business combination.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.