Pasqal is one of Europe’s most advanced quantum computing companies and a central player in France’s push to build sovereign deep tech infrastructure. Founded in 2019, the company has rapidly positioned itself as a global leader in neutral atom quantum computing, combining cutting-edge physics with industrial scale ambitions.
In 2025, Pasqal stands out not only for its technology but also for its commercial partnerships, international expansion, and growing role in Europe’s quantum ecosystem. With strong government backing, major enterprise collaborations, and a clear hardware roadmap, Pasqal is emerging as a serious competitor to US and Asian quantum computing firms.
What Is Pasqal?
Pasqal is a full-stack quantum computing company headquartered in Paris, France. The company builds quantum processors, develops software tools, and integrates its systems with classical high-performance computing infrastructure.
Unlike companies that focus only on software or hardware, Pasqal operates across the entire quantum computing value chain. This approach allows it to control performance, scalability, and real-world deployment.
The company’s name honours Blaise Pascal, the French mathematician and physicist, reflecting its deep roots in fundamental science and applied engineering.
Pasqal’s Quantum Technology Explained
Neutral Atom Quantum Computing
Pasqal uses neutral atoms as qubits, specifically rubidium atoms, which are trapped and manipulated using precisely controlled laser beams known as optical tweezers.
This method differs from superconducting qubits used by companies like IBM and Google.
Key advantages of Pasqal’s approach include:
- Operation at room temperature
- Lower energy consumption
- High scalability in two-dimensional and three-dimensional arrays
- Reduced hardware complexity compared to cryogenic systems
Neutral atom systems allow Pasqal to arrange qubits in flexible geometries, making them well suited for optimisation, simulation, and machine learning workloads.
Hardware Roadmap
Pasqal currently operates quantum processors with around 100 qubits and is actively developing larger systems.
The company’s published roadmap includes:
- Stable 100+ qubit processors available via cloud platforms
- Intermediate systems scaling toward several hundred qubits
- A target of reaching 1,000 qubits in the coming years
This scaling strategy is designed to balance performance improvements with reliability and error control, rather than chasing qubit numbers alone.
Hybrid Quantum and HPC Integration
One of Pasqal’s defining strategies in 2025 is its focus on hybrid quantum-classical computing.
The company has worked closely with European supercomputing centres to integrate its Quantum Processing Units with existing High Performance Computing systems.
A notable example is Pasqal’s integration with the Leonardo supercomputer in Italy, one of Europe’s most powerful HPC facilities.
This hybrid approach enables:
- Quantum acceleration of specific workloads
- Seamless workflows between classical and quantum systems
- Practical experimentation for industrial users
Rather than positioning quantum computing as a replacement for classical computing, Pasqal treats it as a specialised accelerator.
Pasqal Software Ecosystem
Pasqal offers a complete software stack designed for both researchers and industrial users.
Key components include:
- Pulser, an open-source library for programming quantum pulse sequences
- Qadence, a framework enabling digital-analog quantum processing
- APIs for cloud access and enterprise integration
The software layer abstracts complex physics, allowing users to focus on applications rather than hardware details.
This full-stack approach is critical for enterprise adoption, where usability and reliability matter as much as theoretical performance.
Pasqal Funding and Financial Backing
Pasqal funding has come from a mix of venture capital, strategic investors, and public sector support.
The company has raised well over €100 million since its founding, making it one of Europe’s best funded quantum startups.
Key investors include:
- Quantonation
- Runa Capital
- Bpifrance
- Temasek
- Wa’ed Ventures
Public funding from the French government and European Union programmes has also played a significant role in Pasqal’s growth.
This strong financial backing reflects confidence in Pasqal’s technology and its strategic importance to Europe’s digital sovereignty.
Pasqal CEO and Leadership Team
Pasqal’s leadership combines scientific excellence with commercial experience.
Founders
Pasqal was co-founded by:
- Alain Aspect, Nobel Prize-winning physicist
- Georges-Olivier Reymond
- Christophe Jurczak
- Antoine Browaeys
- Thierry Lahaye
The founding team brings together world-leading expertise in quantum physics and practical experience in building technology companies.
CEO Georges-Olivier Reymond
Georges-Olivier Reymond serves as Pasqal CEO. He is responsible for the company’s strategic direction, partnerships, and global expansion.
Under his leadership, Pasqal has moved beyond research into industrial deployment, international partnerships, and cloud accessibility.
Reymond has consistently emphasised the importance of building quantum computing systems that deliver real economic value rather than remaining confined to laboratories.
Strategic Partnerships and Customers
In 2025, Pasqal has established a growing list of industrial and institutional partners.
Key collaborations include:
- LG Electronics for materials science and manufacturing optimisation
- Siemens for industrial simulation and optimisation use cases
- Aramco for the deployment of Saudi Arabia’s first industrial quantum computer
These partnerships demonstrate that Pasqal’s technology is moving toward practical use in energy, manufacturing, and logistics.
International Expansion
Pasqal has expanded well beyond France and Europe.
Notable international milestones include:
- Deployment of quantum systems in Saudi Arabia
- Partnerships across Asia, Europe, and the Middle East
- Availability of Pasqal QPUs through cloud platforms such as Azure Quantum, Scaleway, and OVHcloud
This global presence positions Pasqal as a European quantum champion with international reach.
Pasqal Stock and IPO Outlook
Pasqal is a privately held company and does not currently have publicly traded stock.
However, growing interest in Pasqal stock reflects broader investor attention on quantum computing companies as long-term strategic assets.
While there has been no formal IPO announcement, industry observers expect that leading quantum companies like Pasqal may consider public listings later in the decade as the market matures.
Why Pasqal Matters for Europe
Pasqal plays a key role in Europe’s deep tech strategy.
The company contributes to:
- European technological sovereignty
- Reduced reliance on US and Chinese quantum providers
- Development of advanced computing skills and talent
- Strengthening of Europe’s high-performance computing infrastructure
Quantum computing is widely viewed as a foundational technology for future economic and security competitiveness.
Challenges Ahead
Despite its progress, Pasqal faces several challenges.
These include:
- Scaling hardware while maintaining low error rates
- Competing with heavily funded US quantum firms
- Converting pilot projects into long-term commercial contracts
- Managing long development timelines inherent to quantum technology
Addressing these challenges will determine how quickly Pasqal can move from early adoption to mainstream industrial use.
Frequently Asked Questions About Pasqal
What does Pasqal do?
Pasqal builds full-stack quantum computing systems using neutral atom technology and provides cloud-accessible quantum processors for research and industrial applications.
Who is the Pasqal CEO?
Pasqal CEO is Georges-Olivier Reymond, one of the company’s co-founders.
How much funding has Pasqal raised?
Pasqal has raised over €100 million from venture capital firms, strategic investors, and public funding sources.
Is Pasqal publicly traded?
No. Pasqal stock is not publicly traded as the company remains privately held.
What makes Pasqal different from other quantum companies?
Pasqal’s use of neutral atom qubits allows room temperature operation, high scalability, and flexible qubit layouts, setting it apart from superconducting and trapped ion approaches.
Outlook for 2026 and Beyond
As quantum computing moves from research into early commercial deployment, Pasqal is well positioned to benefit.
With a clear hardware roadmap, growing enterprise partnerships, and strong backing from both private and public investors, the company represents one of Europe’s strongest bets in quantum computing.
If Pasqal continues to translate scientific leadership into industrial value, it could become a cornerstone of Europe’s next generation computing infrastructure.
Also Read: Europe Quantum Computing Funding 2025: Top Companies Building the Future of Computing