Overview

Pasqal is a quantum computing company headquartered in Palaiseau, France, founded in 2019 as a spin-off from the Institut d'Optique. It develops neutral-atom quantum processors and full-stack quantum systems for industrial use, with an estimated 200-500 employees and an estimated annual revenue band of $10-50M. Its clients span the automotive, medical, energy, and defense sectors, and BMW is a reported customer. Pasqal announced a joint venture with Eleven Ventures in August 2026 to scale quantum and AI computing across Saudi Arabia and the wider MENA region.

At a glance

What Pasqal makes

The company offers quantum processing units based on neutral atoms trapped in optical tweezers, along with proprietary software and cloud-ready integration for hybrid high-performance computing environments.

Products and capabilities described on the company's own site include Electronics, LED (source: pasqal.com).

Known customers

The counterparties below come from public sources that state the relationship directly. A shared counterparty does not by itself establish a current buying relationship unless the source says so:

• BMW — reported by pasqal.com

Latest developments

• 2026-08-24 — Pasqal and Eleven Ventures Establish Commercial Joint Venture to Scale Quantum and AI Computing Across Saudi Arabia and the Broader MENA Region | Mon, 08/24/2026 - 00:00 (pasqal.com)

• 2026-03-04 — Pasqal is entering a new phase of development with new financing expected of at least €340 million, in anticipation of its public listing. - Pasqal (pasqal.com)

• 2025-11-06 — Pasqal and LG Electronics Forge Strategic Partnership (pasqal.com)

• 2025-10-29 — Pasqal expands into Korea (pasqal.com)

• 2025-10-09 — Governor Pritzker Announces Global Quantum Computing Pioneer, Pasqal, to Establish U.S. Headquarters in Illinois - Pasqal (pasqal.com)

• 2025-06-17 — Pasqal Accelerates Momentum in Canada with New Quantum Factory and QPU Sale to Distriq, Quantum Innovation Zone - Pasqal (pasqal.com)

Facilities

Pasqal is headquartered in Palaiseau, Ile-de-France. Public sources also reference these locations:

• France — pasqal.com

Company details

Pasqal is privately held and has reportedly raised more than USD 300 million in funding, and in November 2025 it announced a strategic partnership with LG Electronics. Pasqal was founded in 2019, has an estimated 200-500 employees, and is headquartered in Palaiseau, Ile-de-France.

Frequently asked questions

What does Pasqal make?

Pasqal is a quantum computing company headquartered in Palaiseau, France, founded in 2019 as a spin-off from the Institut d'Optique. It develops neutral-atom quantum processors and full-stack quantum systems for industrial use, with an estimated 200-500 employees and an estimated annual revenue band of $10-50M. Its clients span the automotive, medical, energy, and defense sectors, and BMW is a reported customer. Pasqal announced a joint venture with Eleven Ventures in August 2026 to scale quantum and AI computing across Saudi Arabia and the wider MENA region.

Where is Pasqal headquartered?

Pasqal is headquartered in Palaiseau, Ile-de-France (24 Rue Emile Baudot, Palaiseau, Ile-de-France, 91120).

When was Pasqal founded?

Pasqal was founded in 2019.

How big is Pasqal?

Pasqal has an estimated 200-500 employees, with revenue in the $10-50M range (estimated).

Who are Pasqal's customers?

Public sources directly reference BMW as a counterparty of Pasqal. Confirm current programs with the company, as reported relationships may change.

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Last verified Nov 2026. Is this your company? Request a correction.