Rotex Group Unveils Its New Brand Identity, Marking the Next Chapter in Its Engineering Journey

With the positioning ‘Empowering Flow Intelligence,’ the company builds on nearly six decades of engineering heritage to advance its vision for intelligent fluid control and customer-focused solutions.

MUMBAI, India, Nov. 6, 2026 /PRNewswire/ — Rotex Group, an engineering company with a legacy dating back to 1967, has unveiled its refreshed brand identity under the positioning ‘Empowering Flow Intelligence,’ marking a significant milestone in its evolution and future ambitions. Revealed at Rotex: The Next Chapter, an event held at The Leela Mumbai on October 31, 2026, the new brand identity reflects the company’s continued focus on precision engineering, application expertise and solutions designed around evolving industrial needs.

The brand evolution represents more than a visual refresh. It articulates Rotex’s ambition to strengthen its position as an engineering and solutions partner, bringing together its manufacturing heritage, fluid-control expertise and understanding of demanding industrial applications to address increasingly complex customer requirements.

Nearly six decades of engineering evolution

Founded in 1967, Rotex has evolved alongside changing industrial requirements and advances in automation. From its beginnings in textile machinery manufacturing to its entry into solenoid valves and fluid control, the company has continuously developed its engineering capabilities and expanded its presence across industries and markets.

Today, Rotex manufactures fluid control systems and related automation products for applications across industries including oil and gas, chemicals, pharmaceuticals, power and other process-driven sectors. The company also serves automotive applications through specialised engineering capabilities. Its journey has been shaped by manufacturing expansion, product development, international growth and the strengthening of quality and certification capabilities.

Commenting on the brand evolution, Nirav Shah, Director of Rotex Automation Limited said:

“Rotex’s journey since 1967 has been driven by engineering excellence and continuous evolution. With ‘Empowering Flow Intelligence’, we are building on this strong foundation to advance our capabilities, strengthen customer partnerships and address the evolving demands of industries across India and global markets.”

Empowering Flow Intelligence: A forward-looking brand philosophy

At the heart of the new positioning is a broader view of what effective flow control can enable. ‘Empowering Flow Intelligence’ brings together three central ideas: precision engineering, intelligent control and application expertise.

For Rotex, flow control goes beyond managing the movement of fluids or gases. It is about helping systems perform as intended, supporting operational reliability and addressing the specific demands of each application. The positioning reflects the company’s commitment to combining engineering knowledge and application understanding to deliver solutions aligned with customer needs.

Sharing the brand perspective, Mitali Shah, Director, Rotex Manufacturers and Engineers Pvt Ltd, said:

“Our new identity reflects more than a visual transformation; it represents the evolution of Rotex and our vision for the future. We want to build a more unified, contemporary brand that communicates our engineering strengths, customer commitment and ambition to create lasting value.”

One identity across industries and markets

Rotex serves customers across diverse industrial environments, spanning fluid control in process industries and specialised automotive applications. The refreshed identity creates a more cohesive expression of the company’s capabilities across these areas, reinforcing a shared commitment to engineering excellence and a consistent brand experience across customer and partner engagements.

The brand evolution also supports Rotex’s ambition to deepen relationships with customers and channel partners, strengthen its recognition in international markets and communicate its engineering expertise with greater clarity.

The unveiling brought together Rotex’s leadership, stakeholders and invited guests to celebrate the company’s engineering journey and mark the beginning of its next chapter.

As Rotex moves forward, its focus remains on building on its established capabilities, strengthening customer and partner relationships, and pursuing opportunities across domestic and international markets.

Nearly six decades of engineering. One future in flow.

With ‘Empowering Flow Intelligence,’ Rotex brings its engineering heritage and future ambitions together under a brand positioning designed to reflect the demands of today’s applications and the possibilities ahead.

About Rotex Group

Founded in 1967, Rotex Group manufactures fluid control systems and related automation products for industrial and specialised applications. With a presence in more than 83 countries, the company serves industries including oil and gas, chemicals, pharmaceuticals, power and automotive. Rotex combines engineering expertise, manufacturing capabilities and application knowledge to develop control solutions for demanding operating environments.

For more information, visit https://rotexautomation.com/

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Multiliquid Treasury Launches 24/7 T-Bill Yield and Instant Settlement for Corporate Cash

Institutions can now earn continuous Treasury yields on idle operating balances with atomic, around-the-clock redemptions.

LOS ANGELES, Nov. 5, 2026 /PRNewswire/ — Multiliquid, the instant settlement layer for tokenized assets, today launched Multiliquid Treasury: an institutional cash management solution enabling corporate treasuries, fintechs, and asset managers to earn short-duration Treasury yields on idle capital, with instant redemption available 24/7.

Traditional corporate cash management forces a hard compromise between yield and velocity. Operating floats held for payroll, vendor obligations, and margin requirements routinely sit idle in non-interest-bearing operational accounts because money market funds can only be redeemed on business days, before strict daily cut-offs, and close completely over weekends and bank holidays.

Multiliquid Treasury eliminates this cash drag by using tokenized assets. Depositors access a formulaic interest rate tied directly to the 3-month U.S. Treasury Bill rate, while retaining the ability to sweep back into cash or stablecoins atomically in a single transaction, at 2:00 AM on a Sunday just as easily as midday Tuesday.

Solving the Weekend Float Problem

For an enterprise holding $25 million in liquid reserves, leaving cash idle costs hundreds of thousands of dollars annually in forgone interest. At an indicative annualized rate of up to 3.5%, that capital could generate up to approximately $875,000 a year in continuous yield without impairing same-day liquidity needs.

“For decades, corporate cash has had to choose between earning a return and being available, because the systems that move money close every evening and every weekend. On-chain settlement removes that constraint. Multiliquid Treasury is what cash management looks like in the new financial system: every idle dollar earns T-Bill yield, and every dollar is back in cash the moment you need it.” — Will Beeson, Founder and CEO, Multiliquid

How it works

• Diversified Money Market Fund Backing: Depositors lend to an SPV whose reserves are programmatically allocated across regulated, blue-chip tokenized government funds—including the WisdomTree Government Money Market Digital Fund (WTGXX) and the Janus Henderson Anemoy Treasury Fund (JTRSY), mitigating single-issuer concentration risk.
• Instant Exits via Dedicated Buffer. A programmatic 5–10% liquidity buffer, reinforced by institutional repo lines, supports atomic instant redemptions under normal market conditions, with no notice periods or redemption windows.
• Unified Onboarding: Replaces fragmented fund-by-fund documentation with a single KYB/KYC verification covering the entire underlying portfolio. U.S. and international accredited institutions can typically onboard within 24 hours.
• API-first. Accessible via institutional APIs and smart contracts for automated treasury sweeps, alongside a no-code dashboard for manual execution.
• Verifiable. Reserves and fund allocations are verifiable on-chain in real time, with core settlement contracts audited by Cantina and Zellic.

Availability

Multiliquid Treasury is live today across Ethereum Mainnet and Solana for eligible accredited and institutional investors. Onboarding at https://www.multiliquid.xyz/tsy-onboarding

Key facts

About Multiliquid

Multiliquid is the instant settlement layer for tokenized assets: a neutral, institutional-grade liquidity layer that enables instant, 24/7 atomic settlement between tokenized assets, stablecoins and tokenized deposits. Treasurers, asset issuers and capital providers use Multiliquid to move between tokenized funds and cash without redemption windows or cut-off times. Learn more at multiliquid.xyz.

Media contact: team@multiliquid.xyz

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Quantinuum Reports Third Quarter 2026 Results and Raises Full-Year Revenue Outlook

• Third-Quarter Revenue Grew 233% Year-Over-Year; Raised FY2026 Revenue Outlook
• Extended Fault-Tolerance Industry Leadership with Back-to-Back World Records, Validating Most Credible Path to Universal, Fault-Tolerant Quantum Computing
• Announced Nexus Roadmap Through Apollo; Platform Adoption Grew Nearly 20% Quarter-Over-Quarter and Job Submissions Increased Tenfold Year-Over-Year for the 12 Months Ended August 2026
• Secured Largest Cloud Agreement in Company History, Including Multi-Year Committed Full-Stack Access Through Apollo
• Expanded Enterprise Reach Through Leading Hyperscaler Agreement and Oracle Beta Launch

BROOMFIELD, Colo., Nov. 5, 2026 /PRNewswire/ — Quantinuum Inc. (Nasdaq: QNT) (the “Company”), a leading full-stack quantum computing company, today announced financial results for the third quarter ended September 30, 2026.

“In the third-quarter, we extended our technology leadership in the critical area of fault-tolerance, added to our customer base, and expanded our routes to market,” said Rajeeb Hazra, President and Chief Executive Officer of Quantinuum. “This accelerated momentum is supporting our raised revenue outlook for 2026 and giving us more confidence than ever in the opportunity in front of us.”

Third Quarter 2026 Financial Highlights

• Revenue was $9.1 million, an increase of 233% year-over-year, compared with $2.7 million in the prior-year period.
• GAAP gross margin was 33.3%, compared with (43.5%) the prior-year period.
• Adjusted gross margin was 74.6%, up 853 basis points versus the prior-year period.
• Adjusted EBITDA loss was $80 million, compared with a loss of $45 million in the prior-year period.
• GAAP net loss was $118 million, compared with a net loss of $52 million in the prior-year period.
• GAAP net loss per share attributable to Class A common stockholders was $0.46.
• Adjusted net loss per share was $0.29.
• Cash & cash equivalents were $1.94 billion as of September 30, 2026.

Adjusted EBITDA, Adjusted Gross Margin and Adjusted net loss per share are non-GAAP financial measures defined under “Non-GAAP Financial Measures.” For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, refer to the Appendix tables at the end of this press release.

Third Quarter and Recent Business Highlights

Commercial Highlights:

• Signed the largest cloud agreement in Company history, securing a multi-year extension with a leading global financial institution that includes committed access through Apollo and Nexus.
• Signed with another top 5 global pharmaceuticals company on applying quantum computing and AI to cancer-therapy materials that offer the potential to accelerate drug development and enable more effective treatments. 
• Signed agreement with GE Vernova to advance application development in superconducting materials.
• Signed deal with Abu Dhabi Maritime Academy and Quincus for research and applications in maritime logistics.
• Expanded cloud distribution through a new agreement with a leading hyperscaler serving millions of developers and advanced Oracle partnership by launching a joint beta program for hybrid quantum-AI applications.
• Deepened U.S. government commitments by continuing to execute on DARPA QBI Stage B contract, actively discussing a Stage C scope of work, and participating in four winning proposals under Phase 1 of the Department of Energy’s Genesis Mission
• Advanced international deployments, with Helios assembly underway in Singapore ahead of spring 2027 commissioning and a Reimei system upgrade at RIKEN in Japan scheduled for completion this month.

Product Technology & Supply Chain:

• Validated the Company’s leading path to universal, fully fault-tolerant quantum computing by 2029 with back-to-back accuracy world records on Helios using two codes within the same scalable, end-to-end logical architecture. Reached 99.9995% logical fidelity in October—within Apollo’s target range—with an error rate ten times lower than September’s record and 100 times lower than the best published result across other hardware modalities. Results also demonstrate Quantinuum’s significant overhead and scalability advantage.
• Sol remains on track for 2H 2027, with full-scale control-system validation complete and integration and assembly targeted for Q1 2027, ahead of validation and tuning toward 100 logical qubits at a target logical error rate of 10⁻⁵.
• Apollo remains on track for 2029, supported by design milestones, including validating that our cryogenic system can be deployed at the required scale.
• Strengthened the manufacturing foundation for future systems through partnerships with GlobalFoundries, Infineon, Honeywell Aerospace and Monarch Quantum, and finalized the CHIPS R&D award as the only trapped-ion company selected.

Software:

• Announced a multi-generational Nexus roadmap through Apollo, aligning application development and hybrid deployment with successive hardware generations to build what the Company believes will be the first developer platform designed for the fault-tolerant era.
• Expanded fault-tolerant capabilities through a September Nexus release that extends Guppy tools for logical-qubit programming and supported error-correction encoding, reducing the need to rewrite applications for specific codes. Planned December release will expand responsive hybrid quantum-classical workflows, supported error-correction codes, and execution analytics for application optimization.
• Accelerated Nexus adoption and usage, with adoption growing nearly 20% quarter-over-quarter to 215 organizations; total job submissions increased tenfold in the 12 months through August 2026 compared with the preceding 12-month period.

Ecosystem: 

• Introduced QUOPS with Sandia National Laboratories and NVIDIA, benchmarking useful computational scale and speed. Quantinuum is building industry-wide alignment toward a common standard that supports customer comparisons and purchasing decisions.
• Expanded the quantum user ecosystem, growing Q-Net to more than 800 members, adding eight startup partners and partnering with Singapore’s National Quantum Office to organize a global quantum challenge that attracted more than 200 submissions.

Financial Outlook

• Raising full-year 2026 revenue outlook to $31 to $34 million, up from $28 to $32 million previously.

Third Quarter 2026 Conference Call

Quantinuum will host a conference call at 5 PM Eastern time on Thursday, November 5, 2026, to discuss its results for the third quarter ended September 30, 2026, and provide a business update. The call will be available live via webcast here.

An archive replay of the webcast will be made available on the Quantinuum Investor Relations website following the call and will remain available for one year.

Non-GAAP Financial Measures

To supplement Quantinuum’s condensed consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (“GAAP”), the Company uses the following non-GAAP financial measures presented in this release: Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Loss, fully distributed, Adjusted EBITDA, and Adjusted Net Loss Per Share, fully distributed.

Adjusted Gross Profit starts with GAAP gross profit and adds back equity compensation and related employer taxes attributable to cost of revenue and depreciation and amortization attributable to cost of revenue.

Adjusted Gross Margin is calculated as Adjusted Gross Profit divided by revenue, net.

Adjusted Net Loss, fully distributed starts with GAAP net loss on an as-converted basis, adjusts for equity compensation and related employer taxes, costs of the initial public offering and the transition to public company reporting, severance expense, the change in fair value of liability-classified warrants, and loss on disposal and write down of assets, and then applies an assumed statutory tax rate to the resulting adjusted pre-tax loss. No tax benefit is recognized in respect of losses subject to a full valuation allowance, and accordingly no tax benefit is reflected in the periods presented.

Adjusted EBITDA starts with Adjusted Net Loss, fully distributed, and further excludes income tax expense, interest income, net, depreciation, and amortization of acquired intangibles.

Adjusted Net Loss Per Share, fully distributed is calculated as Adjusted Net Loss, fully distributed, divided by adjusted shares, fully distributed, basic and diluted, comprising weighted-average Class A common shares outstanding and Common Units of Quantinuum Holdings.

Management believes these measures provide investors with additional information useful in evaluating the Company’s operating performance and trends across periods. Quantinuum’s results include large non-cash charges that management does not consider indicative of ongoing operating performance, principally stock-based compensation recognized on completion of the Reorganization and remeasurement of liability-classified warrants. Both are driven by accounting triggers and external inputs rather than operating activity. As an early commercial-stage business, Quantinuum’s period-to-period results also are affected by the timing of individual contracts. Measures that isolate underlying operating performance from non-cash and transition items help investors assess trends across periods.

Quantinuum’s Up-C structure means that GAAP net loss attributable to Quantinuum Inc. reflects only the Class A share of the economics. Presenting adjusted results on an as-converted, fully distributed basis describes the whole economic enterprise, which is how management assesses performance and how the business is managed. Management uses these measures for internal planning and forecasting, evaluating operating performance, and preparing budgets.

These non-GAAP financial measures are supplemental and are not prepared in accordance with GAAP. They are not intended to be considered in isolation or as a substitute for the most directly comparable financial information prepared in accordance with GAAP. Quantinuum’s non-GAAP measures may differ from similarly titled measures used by other companies and, therefore, may not be comparable. Investors should review the reconciliations and should not rely on any single financial measure to evaluate the Company’s business.

Each non-GAAP financial measure is reconciled to its most directly comparable GAAP financial measure in the tables at the end of this release.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally.

The company has a global workforce of approximately over 850 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

Availability of Information on Quantinuum’s Website

Investors and others should note that Quantinuum routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts, and the Quantinuum Investor Relations website. While not all of the information that the Company posts to the Quantinuum Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media, and others interested in Quantinuum to review the information that it shares on ir.quantinuum.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Quantinuum’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs, expectations and outlook are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. These statements often include words such as “anticipate,” “expect,” “guidance,” “suggest,” “plan,” “believe,” “intend,” “estimate,” “target,” “project,” “should,” “could,” “would,” “may,” “will,” “forecast,” “outlook,” “potential,” “continues,” “seeks,” “predicts,” or the negatives of these words and other similar expressions.

Factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: our ability to develop, commercialize and achieve market acceptance of our quantum computing hardware and software products; the pace of development of the quantum computing industry and the timing of commercial quantum advantage; our ability to attract and retain customers for our quantum computing systems and quantum computing as a service offerings; the risk of technological obsolescence or the emergence of competing quantum computing approaches, including superconducting, photonic, or other modalities; our dependence on key suppliers and manufacturers of specialized components, including those necessary for our trapped-ion quantum systems; our ability to scale production of our quantum computers and related systems; our ability to protect our intellectual property and proprietary technology; the significant research and development costs inherent in developing next-generation quantum computing capabilities; our ability to attract and retain highly skilled scientists, engineers and other personnel in a competitive labor market; changes in government funding, export controls, or regulations affecting quantum technologies; uncertainty regarding the timing and extent of commercial applications; cybersecurity risks and the protection of sensitive customer data; and macroeconomic conditions, geopolitical instability and their potential effects on our business and operations. For additional information on these and other risks that could affect the Company’s forward-looking statements, see the Company’s risk factors discussed in its filings with the U.S. Securities and Exchange Commission, including its most recent Quarterly Report on Form 10-Q, as such risk factors may be updated from time to time. You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The Company disclaims any intent or obligation to update, revise or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.

Contacts

Investor & Media Contact

Shub Mukherjee – Investor Contact – investors@quantinuum.com

Aaron Sorenson – Media Contact – press@quantinuum.com

Appendix

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Global solidarity delivers major boost to Education Cannot Wait as “Hope Starts Here” campaign approaches its US$600 million goal

Governments announce US$ 405.8 million in new pledges at Geneva replenishment conference, bringing ECW to 90% of its funding target and opening new pathways for innovative partnerships to support education for crisis-affected children.

GENEVA, Nov. 6, 2026 /PRNewswire/ — Governments and partners rallied behind the world’s most vulnerable children today, announcing US$405.8 million in new pledges to Education Cannot Wait (ECW) at its High-Level Replenishment Conference, hosted by Switzerland in Geneva. Together with US$135.8 million in financial resources already secured through previous multi-year donor commitments, these pledges bring ECW’s Hope Starts Here campaign total to US$541.6 million, reaching 90% of its US$600 million target.

ECW expressed its deep gratitude to all governments and partners that stepped forward with financial commitments, reaffirming their solidarity with children affected by conflict, displacement and climate-related disasters at a time of growing humanitarian needs and shrinking international aid budgets.

Germany, the United Kingdom, Norway, Canada, Switzerland, Ireland, EU, and Japan were among the governments whose commitments demonstrated continued international leadership and confidence in ECW’s mission. Their collective support sends a powerful message: even in difficult times, the world cannot afford to turn its back on children’s education.

The conference marked a defining moment in ECW’s tenth anniversary year, renewing the commitment made when the Fund was established in 2016: that children living through crises must not be left behind.

Sigrid Kaag, Chair of ECW’s High-Level Steering Group, said: “Education is a fundamental human right, even in times of conflict, displacement and disaster. Today’s commitments are a powerful demonstration of international solidarity and a renewal of the promise we made ten years ago: that children caught in crises will not be left behind. That promise must now be translated into action.”

Switzerland’s leadership in hosting the conference reinforced the importance of collective responsibility and sustained international cooperation to protect children’s right to education.

Ambassador Dominik Stillhart, Co-Chair of ECW’s Executive Committee, said: “For more than a century, Geneva has been where the world comes together to address its toughest challenges, and one lesson stands out: education cannot be treated as an exception when crises strike. That is why Switzerland hosted this conference and pledged CHF 35 million to Education Cannot Wait for 2027 to 2030. But no country can do this alone. We need governments and partners to step up. Today, our partners chose to keep that promise funded.”

Since its establishment, ECW and its partners have reached more than 16 million children in crisis-affected countries. Yet the scale of the challenge continues to grow, with an estimated 258 million school-aged children and adolescents affected by crises worldwide.

The commitments announced in Geneva provide a strong foundation for ECW’s 2027–2030 Strategic Plan, which aims to reach 10 million children, half of them girls and including one million children with disabilities. The new strategy will strengthen ECW’s ability to respond rapidly to emergencies while providing more sustained support in protracted crises, investing in quality learning, protection, inclusion and the resilience of national education systems.

The conference also signalled growing momentum to explore new approaches to financing education in emergencies. Partnership offers and initiatives involving Porticus, the International Finance Facility for Education (IFFEd), the Education Bridging Fund (EBF) and Swiss cantonal banks highlighted opportunities to complement traditional donor contributions by mobilizing development finance and private capital.

Discussions involving Enosis Capital, BNP Paribas and MetLife Investment Management also explored the potential of an education continuity outcome bond, currently under development, to mobilize investment for children affected by crises. These initiatives, at different stages of development and subject to further design and institutional approvals, could help ECW diversify its financing base and unlock additional resources in the years ahead.

Beyond financing, high-level discussions brought together governments and partners from crisis-affected countries to demonstrate the importance of national leadership, including the integration of refugee and displaced children into national education systems and the need for more predictable financing that connects humanitarian response with longer-term recovery.

For ECW, the Geneva conference represents a major milestone, but not the conclusion of the Hope Starts Here campaign. Building on the confidence and commitments demonstrated by partners, the Fund will now focus on translating this momentum into results for children.

Maysa Jalbout, Director of Education Cannot Wait, said: “Today, our partners have given us more than financial commitments. They have placed their confidence in ECW and entrusted us with an enormous responsibility. We are deeply grateful. But the true measure of today’s success will not be how much we have raised. It will be the difference we make in children’s lives. Our work starts now.”

Looking ahead, ECW will focus on three priorities at the heart of its next strategic period.

First, ensuring that children are learning. Access to education remains essential, but it is not enough. ECW will place greater emphasis on quality learning, alongside children’s safety, mental health and well-being, ensuring that investments deliver meaningful and measurable results.

Second, strengthening national and local leadership. ECW will work to bring decisions and resources closer to communities affected by crises, advancing its ambition to channel at least 50% of programme financing through national and local partners by 2030.

Third, broadening the coalition that finances education in emergencies. Government contributions will remain the backbone of ECW’s work, complemented by stronger partnerships with philanthropy, businesses, development banks and investors to mobilize additional and more predictable financing.

With the replenishment target now within reach, ECW will continue engaging existing and prospective partners to close the remaining funding gap and build on the momentum generated in Geneva.

Ten years after its creation, ECW enters its next chapter with renewed confidence, an ambitious strategy and a strengthened coalition of partners united by a common commitment: no child should have to wait for a crisis to end before they can learn.

Notes to Editors  

About Education Cannot Wait: 

Education Cannot Wait (ECW) is the global fund for education in crises. The Fund provides rapid, flexible funding to locally-led education responses that protect learning for refugee, internally displaced and other children, while strengthening systems to sustain learning and resilience in fragile and conflict-affected contexts. ECW works with governments, public and private funders, UN agencies, civil society organisations, and other humanitarian and development aid actors so that no child is left behind. 

As global crises intensify and the education financing gap widens, ECW calls on public and private sector partners to scale up investments so millions more crisis-affected girls and boys can learn and rebuild their futures. 

Additional information available at: www.educationcannotwait.org 

For press inquiries:

Rafik Elouerchefani: ecwcomms@un-ecw.org

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Global solidarity delivers major boost to Education Cannot Wait as “Hope Starts Here” campaign approaches its US$600 million goal

Governments announce US$ 405.8 million in new pledges at Geneva replenishment conference, bringing ECW to 90% of its funding target and opening new pathways for innovative partnerships to support education for crisis-affected children.

GENEVA, Nov. 6, 2026 /PRNewswire/ — Governments and partners rallied behind the world’s most vulnerable children today, announcing US$405.8 million in new pledges to Education Cannot Wait (ECW) at its High-Level Replenishment Conference, hosted by Switzerland in Geneva. Together with US$135.8 million in financial resources already secured through previous multi-year donor commitments, these pledges bring ECW’s Hope Starts Here campaign total to US$541.6 million, reaching 90% of its US$600 million target.

ECW expressed its deep gratitude to all governments and partners that stepped forward with financial commitments, reaffirming their solidarity with children affected by conflict, displacement and climate-related disasters at a time of growing humanitarian needs and shrinking international aid budgets.

Germany, the United Kingdom, Norway, Canada, Switzerland, Ireland, EU, and Japan were among the governments whose commitments demonstrated continued international leadership and confidence in ECW’s mission. Their collective support sends a powerful message: even in difficult times, the world cannot afford to turn its back on children’s education.

The conference marked a defining moment in ECW’s tenth anniversary year, renewing the commitment made when the Fund was established in 2016: that children living through crises must not be left behind.

Sigrid Kaag, Chair of ECW’s High-Level Steering Group, said: “Education is a fundamental human right, even in times of conflict, displacement and disaster. Today’s commitments are a powerful demonstration of international solidarity and a renewal of the promise we made ten years ago: that children caught in crises will not be left behind. That promise must now be translated into action.”

Switzerland’s leadership in hosting the conference reinforced the importance of collective responsibility and sustained international cooperation to protect children’s right to education.

Ambassador Dominik Stillhart, Co-Chair of ECW’s Executive Committee, said: “For more than a century, Geneva has been where the world comes together to address its toughest challenges, and one lesson stands out: education cannot be treated as an exception when crises strike. That is why Switzerland hosted this conference and pledged CHF 35 million to Education Cannot Wait for 2027 to 2030. But no country can do this alone. We need governments and partners to step up. Today, our partners chose to keep that promise funded.”

Since its establishment, ECW and its partners have reached more than 16 million children in crisis-affected countries. Yet the scale of the challenge continues to grow, with an estimated 258 million school-aged children and adolescents affected by crises worldwide.

The commitments announced in Geneva provide a strong foundation for ECW’s 2027–2030 Strategic Plan, which aims to reach 10 million children, half of them girls and including one million children with disabilities. The new strategy will strengthen ECW’s ability to respond rapidly to emergencies while providing more sustained support in protracted crises, investing in quality learning, protection, inclusion and the resilience of national education systems.

The conference also signalled growing momentum to explore new approaches to financing education in emergencies. Partnership offers and initiatives involving Porticus, the International Finance Facility for Education (IFFEd), the Education Bridging Fund (EBF) and Swiss cantonal banks highlighted opportunities to complement traditional donor contributions by mobilizing development finance and private capital.

Discussions involving Enosis Capital, BNP Paribas and MetLife Investment Management also explored the potential of an education continuity outcome bond, currently under development, to mobilize investment for children affected by crises. These initiatives, at different stages of development and subject to further design and institutional approvals, could help ECW diversify its financing base and unlock additional resources in the years ahead.

Beyond financing, high-level discussions brought together governments and partners from crisis-affected countries to demonstrate the importance of national leadership, including the integration of refugee and displaced children into national education systems and the need for more predictable financing that connects humanitarian response with longer-term recovery.

For ECW, the Geneva conference represents a major milestone, but not the conclusion of the Hope Starts Here campaign. Building on the confidence and commitments demonstrated by partners, the Fund will now focus on translating this momentum into results for children.

Maysa Jalbout, Director of Education Cannot Wait, said: “Today, our partners have given us more than financial commitments. They have placed their confidence in ECW and entrusted us with an enormous responsibility. We are deeply grateful. But the true measure of today’s success will not be how much we have raised. It will be the difference we make in children’s lives. Our work starts now.”

Looking ahead, ECW will focus on three priorities at the heart of its next strategic period.

First, ensuring that children are learning. Access to education remains essential, but it is not enough. ECW will place greater emphasis on quality learning, alongside children’s safety, mental health and well-being, ensuring that investments deliver meaningful and measurable results.

Second, strengthening national and local leadership. ECW will work to bring decisions and resources closer to communities affected by crises, advancing its ambition to channel at least 50% of programme financing through national and local partners by 2030.

Third, broadening the coalition that finances education in emergencies. Government contributions will remain the backbone of ECW’s work, complemented by stronger partnerships with philanthropy, businesses, development banks and investors to mobilize additional and more predictable financing.

With the replenishment target now within reach, ECW will continue engaging existing and prospective partners to close the remaining funding gap and build on the momentum generated in Geneva.

Ten years after its creation, ECW enters its next chapter with renewed confidence, an ambitious strategy and a strengthened coalition of partners united by a common commitment: no child should have to wait for a crisis to end before they can learn.

Notes to Editors  

About Education Cannot Wait: 

Education Cannot Wait (ECW) is the global fund for education in crises. The Fund provides rapid, flexible funding to locally-led education responses that protect learning for refugee, internally displaced and other children, while strengthening systems to sustain learning and resilience in fragile and conflict-affected contexts. ECW works with governments, public and private funders, UN agencies, civil society organisations, and other humanitarian and development aid actors so that no child is left behind. 

As global crises intensify and the education financing gap widens, ECW calls on public and private sector partners to scale up investments so millions more crisis-affected girls and boys can learn and rebuild their futures. 

Additional information available at: www.educationcannotwait.org 

For press inquiries:

Rafik Elouerchefani: ecwcomms@un-ecw.org

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Quantinuum Reports Third Quarter 2026 Results and Raises Full-Year Revenue Outlook

• Third-Quarter Revenue Grew 233% Year-Over-Year; Raised FY2026 Revenue Outlook
• Extended Fault-Tolerance Industry Leadership with Back-to-Back World Records, Validating Most Credible Path to Universal, Fault-Tolerant Quantum Computing
• Announced Nexus Roadmap Through Apollo; Platform Adoption Grew Nearly 20% Quarter-Over-Quarter and Job Submissions Increased Tenfold Year-Over-Year for the 12 Months Ended August 2026
• Secured Largest Cloud Agreement in Company History, Including Multi-Year Committed Full-Stack Access Through Apollo
• Expanded Enterprise Reach Through Leading Hyperscaler Agreement and Oracle Beta Launch

BROOMFIELD, Colo., Nov. 5, 2026 /PRNewswire/ — Quantinuum Inc. (Nasdaq: QNT) (the “Company”), a leading full-stack quantum computing company, today announced financial results for the third quarter ended September 30, 2026.

“In the third-quarter, we extended our technology leadership in the critical area of fault-tolerance, added to our customer base, and expanded our routes to market,” said Rajeeb Hazra, President and Chief Executive Officer of Quantinuum. “This accelerated momentum is supporting our raised revenue outlook for 2026 and giving us more confidence than ever in the opportunity in front of us.”

Third Quarter 2026 Financial Highlights

• Revenue was $9.1 million, an increase of 233% year-over-year, compared with $2.7 million in the prior-year period.
• GAAP gross margin was 33.3%, compared with (43.5%) the prior-year period.
• Adjusted gross margin was 74.6%, up 853 basis points versus the prior-year period.
• Adjusted EBITDA loss was $80 million, compared with a loss of $45 million in the prior-year period.
• GAAP net loss was $118 million, compared with a net loss of $52 million in the prior-year period.
• GAAP net loss per share attributable to Class A common stockholders was $0.46.
• Adjusted net loss per share was $0.29.
• Cash & cash equivalents were $1.94 billion as of September 30, 2026.

Adjusted EBITDA, Adjusted Gross Margin and Adjusted net loss per share are non-GAAP financial measures defined under “Non-GAAP Financial Measures.” For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, refer to the Appendix tables at the end of this press release.

Third Quarter and Recent Business Highlights

Commercial Highlights:

• Signed the largest cloud agreement in Company history, securing a multi-year extension with a leading global financial institution that includes committed access through Apollo and Nexus.
• Signed with another top 5 global pharmaceuticals company on applying quantum computing and AI to cancer-therapy materials that offer the potential to accelerate drug development and enable more effective treatments. 
• Signed agreement with GE Vernova to advance application development in superconducting materials.
• Signed deal with Abu Dhabi Maritime Academy and Quincus for research and applications in maritime logistics.
• Expanded cloud distribution through a new agreement with a leading hyperscaler serving millions of developers and advanced Oracle partnership by launching a joint beta program for hybrid quantum-AI applications.
• Deepened U.S. government commitments by continuing to execute on DARPA QBI Stage B contract, actively discussing a Stage C scope of work, and participating in four winning proposals under Phase 1 of the Department of Energy’s Genesis Mission
• Advanced international deployments, with Helios assembly underway in Singapore ahead of spring 2027 commissioning and a Reimei system upgrade at RIKEN in Japan scheduled for completion this month.

Product Technology & Supply Chain:

• Validated the Company’s leading path to universal, fully fault-tolerant quantum computing by 2029 with back-to-back accuracy world records on Helios using two codes within the same scalable, end-to-end logical architecture. Reached 99.9995% logical fidelity in October—within Apollo’s target range—with an error rate ten times lower than September’s record and 100 times lower than the best published result across other hardware modalities. Results also demonstrate Quantinuum’s significant overhead and scalability advantage.
• Sol remains on track for 2H 2027, with full-scale control-system validation complete and integration and assembly targeted for Q1 2027, ahead of validation and tuning toward 100 logical qubits at a target logical error rate of 10⁻⁵.
• Apollo remains on track for 2029, supported by design milestones, including validating that our cryogenic system can be deployed at the required scale.
• Strengthened the manufacturing foundation for future systems through partnerships with GlobalFoundries, Infineon, Honeywell Aerospace and Monarch Quantum, and finalized the CHIPS R&D award as the only trapped-ion company selected.

Software:

• Announced a multi-generational Nexus roadmap through Apollo, aligning application development and hybrid deployment with successive hardware generations to build what the Company believes will be the first developer platform designed for the fault-tolerant era.
• Expanded fault-tolerant capabilities through a September Nexus release that extends Guppy tools for logical-qubit programming and supported error-correction encoding, reducing the need to rewrite applications for specific codes. Planned December release will expand responsive hybrid quantum-classical workflows, supported error-correction codes, and execution analytics for application optimization.
• Accelerated Nexus adoption and usage, with adoption growing nearly 20% quarter-over-quarter to 215 organizations; total job submissions increased tenfold in the 12 months through August 2026 compared with the preceding 12-month period.

Ecosystem: 

• Introduced QUOPS with Sandia National Laboratories and NVIDIA, benchmarking useful computational scale and speed. Quantinuum is building industry-wide alignment toward a common standard that supports customer comparisons and purchasing decisions.
• Expanded the quantum user ecosystem, growing Q-Net to more than 800 members, adding eight startup partners and partnering with Singapore’s National Quantum Office to organize a global quantum challenge that attracted more than 200 submissions.

Financial Outlook

• Raising full-year 2026 revenue outlook to $31 to $34 million, up from $28 to $32 million previously.

Third Quarter 2026 Conference Call

Quantinuum will host a conference call at 5 PM Eastern time on Thursday, November 5, 2026, to discuss its results for the third quarter ended September 30, 2026, and provide a business update. The call will be available live via webcast here.

An archive replay of the webcast will be made available on the Quantinuum Investor Relations website following the call and will remain available for one year.

Non-GAAP Financial Measures

To supplement Quantinuum’s condensed consolidated financial statements presented in accordance with U.S. generally accepted accounting principles (“GAAP”), the Company uses the following non-GAAP financial measures presented in this release: Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Loss, fully distributed, Adjusted EBITDA, and Adjusted Net Loss Per Share, fully distributed.

Adjusted Gross Profit starts with GAAP gross profit and adds back equity compensation and related employer taxes attributable to cost of revenue and depreciation and amortization attributable to cost of revenue.

Adjusted Gross Margin is calculated as Adjusted Gross Profit divided by revenue, net.

Adjusted Net Loss, fully distributed starts with GAAP net loss on an as-converted basis, adjusts for equity compensation and related employer taxes, costs of the initial public offering and the transition to public company reporting, severance expense, the change in fair value of liability-classified warrants, and loss on disposal and write down of assets, and then applies an assumed statutory tax rate to the resulting adjusted pre-tax loss. No tax benefit is recognized in respect of losses subject to a full valuation allowance, and accordingly no tax benefit is reflected in the periods presented.

Adjusted EBITDA starts with Adjusted Net Loss, fully distributed, and further excludes income tax expense, interest income, net, depreciation, and amortization of acquired intangibles.

Adjusted Net Loss Per Share, fully distributed is calculated as Adjusted Net Loss, fully distributed, divided by adjusted shares, fully distributed, basic and diluted, comprising weighted-average Class A common shares outstanding and Common Units of Quantinuum Holdings.

Management believes these measures provide investors with additional information useful in evaluating the Company’s operating performance and trends across periods. Quantinuum’s results include large non-cash charges that management does not consider indicative of ongoing operating performance, principally stock-based compensation recognized on completion of the Reorganization and remeasurement of liability-classified warrants. Both are driven by accounting triggers and external inputs rather than operating activity. As an early commercial-stage business, Quantinuum’s period-to-period results also are affected by the timing of individual contracts. Measures that isolate underlying operating performance from non-cash and transition items help investors assess trends across periods.

Quantinuum’s Up-C structure means that GAAP net loss attributable to Quantinuum Inc. reflects only the Class A share of the economics. Presenting adjusted results on an as-converted, fully distributed basis describes the whole economic enterprise, which is how management assesses performance and how the business is managed. Management uses these measures for internal planning and forecasting, evaluating operating performance, and preparing budgets.

These non-GAAP financial measures are supplemental and are not prepared in accordance with GAAP. They are not intended to be considered in isolation or as a substitute for the most directly comparable financial information prepared in accordance with GAAP. Quantinuum’s non-GAAP measures may differ from similarly titled measures used by other companies and, therefore, may not be comparable. Investors should review the reconciliations and should not rely on any single financial measure to evaluate the Company’s business.

Each non-GAAP financial measure is reconciled to its most directly comparable GAAP financial measure in the tables at the end of this release.

About Quantinuum

Quantinuum is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry’s highest accuracy levels based on average two-qubit gate fidelity. Quantinuum has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally.

The company has a global workforce of approximately over 850 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master’s degrees. Quantinuum’s headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.

Availability of Information on Quantinuum’s Website

Investors and others should note that Quantinuum routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts, and the Quantinuum Investor Relations website. While not all of the information that the Company posts to the Quantinuum Investor Relations website is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media, and others interested in Quantinuum to review the information that it shares on ir.quantinuum.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Quantinuum’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those described in the forward-looking statements. Any statements made in this press release that are not statements of historical fact, including statements about our beliefs, expectations and outlook are forward-looking statements. Forward-looking statements include information concerning possible or assumed future results of operations, including our guidance and descriptions of our business plans and strategies. These statements often include words such as “anticipate,” “expect,” “guidance,” “suggest,” “plan,” “believe,” “intend,” “estimate,” “target,” “project,” “should,” “could,” “would,” “may,” “will,” “forecast,” “outlook,” “potential,” “continues,” “seeks,” “predicts,” or the negatives of these words and other similar expressions.

Factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: our ability to develop, commercialize and achieve market acceptance of our quantum computing hardware and software products; the pace of development of the quantum computing industry and the timing of commercial quantum advantage; our ability to attract and retain customers for our quantum computing systems and quantum computing as a service offerings; the risk of technological obsolescence or the emergence of competing quantum computing approaches, including superconducting, photonic, or other modalities; our dependence on key suppliers and manufacturers of specialized components, including those necessary for our trapped-ion quantum systems; our ability to scale production of our quantum computers and related systems; our ability to protect our intellectual property and proprietary technology; the significant research and development costs inherent in developing next-generation quantum computing capabilities; our ability to attract and retain highly skilled scientists, engineers and other personnel in a competitive labor market; changes in government funding, export controls, or regulations affecting quantum technologies; uncertainty regarding the timing and extent of commercial applications; cybersecurity risks and the protection of sensitive customer data; and macroeconomic conditions, geopolitical instability and their potential effects on our business and operations. For additional information on these and other risks that could affect the Company’s forward-looking statements, see the Company’s risk factors discussed in its filings with the U.S. Securities and Exchange Commission, including its most recent Quarterly Report on Form 10-Q, as such risk factors may be updated from time to time. You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The Company disclaims any intent or obligation to update, revise or withdraw any forward-looking statement in this press release, except as required by applicable law or regulation.

Contacts

Investor & Media Contact

Shub Mukherjee – Investor Contact – investors@quantinuum.com

Aaron Sorenson – Media Contact – press@quantinuum.com

Appendix

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Chinese and foreign cultural & media figures visited China Auto Valley

BEIJING, Nov. 5, 2026 /PRNewswire/ — From September 9 to 11, 2026, the event “Smart Manufacturing Stories, Global Voices — China Auto Valley Tour for Chinese and Foreign Cultural & Media Figures” was held in the Wuhan Economic & Technological Development Zone, Hubei Province. The event was co-organized by the CICG Academy of Translation and Interpretation and the Publicity Department of the Working Committee of the Wuhan Economic & Technological Development Zone.

Translators, writers, and media journalists from China, the United Kingdom, Egypt, Pakistan, Morocco, Russia gathered in Wuhan. They visited the Dongfeng Motor Global Innovation Center, M-Hero vehicles, the Geely Lotus Global Smart Factory, and the China Auto Valley Exhibition Center, learning about autonomous driving technology, experiencing the smart manufacturing capabilities of China Auto Valley up close, and gaining a firsthand understanding of the automotive industry’s iterative upgrading, the clustering of science and technology industries, and urban renewal and transformation.

The visitors unanimously agreed that the Wuhan Economic & Technological Development Zone has made a major transition from traditional automobile manufacturing to smart and green manufacturing. Its comprehensive industrial-chain support and strong momentum for innovation vividly demonstrate the great strength of China’s smart manufacturing. Its model of coordinated industrial and urban development provides a practical reference for industrial cities worldwide.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chinese-and-foreign-cultural–media-figures-visited-china-auto-valley-302930940.html

Chinese and foreign cultural & media figures visited China Auto Valley

BEIJING, Nov. 5, 2026 /PRNewswire/ — From September 9 to 11, 2026, the event “Smart Manufacturing Stories, Global Voices — China Auto Valley Tour for Chinese and Foreign Cultural & Media Figures” was held in the Wuhan Economic & Technological Development Zone, Hubei Province. The event was co-organized by the CICG Academy of Translation and Interpretation and the Publicity Department of the Working Committee of the Wuhan Economic & Technological Development Zone.

Translators, writers, and media journalists from China, the United Kingdom, Egypt, Pakistan, Morocco, Russia gathered in Wuhan. They visited the Dongfeng Motor Global Innovation Center, M-Hero vehicles, the Geely Lotus Global Smart Factory, and the China Auto Valley Exhibition Center, learning about autonomous driving technology, experiencing the smart manufacturing capabilities of China Auto Valley up close, and gaining a firsthand understanding of the automotive industry’s iterative upgrading, the clustering of science and technology industries, and urban renewal and transformation.

The visitors unanimously agreed that the Wuhan Economic & Technological Development Zone has made a major transition from traditional automobile manufacturing to smart and green manufacturing. Its comprehensive industrial-chain support and strong momentum for innovation vividly demonstrate the great strength of China’s smart manufacturing. Its model of coordinated industrial and urban development provides a practical reference for industrial cities worldwide.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chinese-and-foreign-cultural–media-figures-visited-china-auto-valley-302930940.html