Arranges laser-trapped atoms and controls their collective interactions to study quantum dynamics or encode optimization problems. Pulser defines the pulse sequence submitted to a compatible device.
Record dates use UTC and show when an assessment or clarification was saved. Review dates show the evidence check. Earlier records were recovered from QubitWire’s source history; no earlier score movement is inferred.
Neutral-atom analog quantum processors and cloud programming tools
Recorded aliases
No aliases recorded in this assessment.
Name and period
No dated name or ownership transition is recorded here. An alias is a search aid, not evidence of a legal ownership relationship.
Product scope
Neutral-atom analog quantum computing
A company profile may discuss several systems. Capabilities remain attached to the product and conditions named in each source; they do not transfer automatically to related organizations. A verified security relationship has not been attached to this record.
These source updates add context. QRank scores retain their existing assessment dates.
Pasqal · Application-development partnership
Pasqal, USA Rare Earth and Riven Systems announced a project to investigate quantum machine learning for rare-earth separation chemistry, including comparisons with classical models.
Source checked Limits, research question & sources
The partnership sets out an experimental program. It does not yet establish quantum advantage, a new materials discovery or a disclosed contract value.
Question to follow: What comparison against classical methods will establish whether the proposed workflow adds value?
Dated company evidence, its limits and the next test to follow. These notes do not change a QRank score.
PasqalNeutral-atom computing and deployment services
Sources reviewed 20 Oct 2026. Event dates remain attached to the original evidence.
Pasqal’s September 2026 financial release identifies Pasqal Holding SA as Nasdaq-listed PSQL and reports results for the six months ended June 30. Its commercial reporting distinguishes revenue, QPU-related services and booked-and-awarded business. Those measures should remain separate from its technical performance record.
A hardware company’s delivery model can reveal as much as its processor roadmap. Services may support installation, software work, experiments or continued access, and those activities do not all imply the same repeatability. For a useful profile, connect each commercial milestone to the machine or service actually supplied and the customer’s next decision. Does a successful trial lead to another experiment, a longer access agreement or a site installation? These are different forms of adoption. The same care applies to system capability: an analogue task should be described on its own terms instead of being translated into an unsupported gate-model equivalence. Pasqal’s evidence card should make it possible to follow the progression from paid engagement to a repeatable application, with task accuracy, total resources and customer acceptance available together. Revenue can establish commercial activity while leaving the technical advantage question open.
For a reader evaluating Pasqal, the practical question is how much commercial activity arises from accepted customer work rather than differently defined award totals. A useful next evidence check is specific: separate recognized revenue, signed customer commitments and grants; attach delivery conditions and reporting dates. A mixed booked-and-awarded measure can combine economically different items and hide recognition timing. These are proposed tests for judging a later update, not claims that the company has already passed them.
Security status: Verified listed parent or issuer; see security record
Facts, comparisons and next evidence
At a glance
label
Quantum role
value
Neutral-atom delivery and services
label
Evidence date
value
2026-09-24
label
Assessment action
value
Evidence enrichment
Dated milestones
date
2026-09-24
Date scope
source publication date; unknown if undated
event
First-half financial results published
status
Published primary evidence; retain the narrower maturity statement
what it does not establish
A mixed booked-and-awarded measure can combine economically different items and hide recognition timing.
Quantum role
layer
Neutral-atom delivery and services
Question
How much commercial activity arises from accepted customer work rather than differently defined award totals.
Questions for comparison
Hardware versus service deliverable
Customer acceptance and repeat usage
Task-specific analogue capability
Related approaches
name
QuEra
relationship
Proposed comparison of relevant dimensions; not a claim of equivalent products or a ranking
dimensions
Hardware versus service deliverable
Customer acceptance and repeat usage
Task-specific analogue capability
name
planqc
relationship
Proposed comparison of relevant dimensions; not a claim of equivalent products or a ranking
dimensions
Hardware versus service deliverable
Customer acceptance and repeat usage
Task-specific analogue capability
Limits and missing evidence
A mixed booked-and-awarded measure can combine economically different items and hide recognition timing.
Revenue disaggregation tied to identifiable offerings
Customer-confirmed acceptance and renewal
Matched application-level classical baseline
What would change this assessment
trigger
Separate recognized revenue, signed customer commitments and grants; attach delivery conditions and reporting dates.
Evidence needed
Dated primary technical report, product specification or customer/issuer disclosure directly answering the test.
Test
Identify the configuration, time boundary and measured outcome; retain unsuccessful attempts and stated limitations.
Limit
A mixed booked-and-awarded measure can combine economically different items and hide recognition timing.
A starting question
question
Can commercial revenue and technical uncertainty coexist?
answer
Yes. Customers can pay for access, research or specialized equipment before a platform demonstrates broad computational advantage. The financial record tells you something was sold; the technical record tells you what it can reliably do.
Six months ended June 30. Booked and awarded business includes grants, tax credits and multiyear contracts. Separately dates June 30 and August 27 cash.
PasqalExisting listed issuer
Sources reviewed 20 Oct 2026. Event dates remain attached to the original evidence.
Announced or reported: Pasqal reported €4.9 million first-half revenue and €70.4 million booked-and-awarded business at June 30; the latter includes grants, tax credits and multiyear customer contracts.
Still conditional: Booked-and-awarded business is not period revenue, cash received or a directly comparable customer-only backlog measure.
Pasqal’s commercial metric should be stored with its definition attached. The categories inside booked-and-awarded business have different conditions and timing, so the total cannot be treated as a near-term sales forecast. A useful investor card disaggregates what is contractually ordered by customers, what depends on public support and what reflects tax treatment, where the issuer supplies the detail. It should also keep the half-year reporting window separate from any later financing-date cash balance. These distinctions matter when comparing young quantum companies whose revenue mix and disclosure vocabulary differ. The next valuable addition is a roll-forward explaining new awards, recognized revenue, cancellations and remaining conditions. Without that bridge, a large total may describe opportunity or support without telling readers how much becomes recurring commercial activity. Preserve the issuer’s terminology while making its limits visible.
Disaggregate orders and grants before comparing the measure with another company’s backlog. The concrete next evidence is: next report separating customer contracts, public awards, conditions and recognized revenue. Booked-and-awarded activity is not interchangeable with either revenue or noncancellable backlog. This watch record should change when that evidence changes, with the original event and reporting period preserved so readers can distinguish a new outcome from a refreshed page.
Facts, comparisons and next evidence
At a glance
label
Commercial evidence stage
value
Mixed commercial and public-award measure
label
Catalyst date
value
2026-09-24
label
Security treatment
value
Nasdaq: PSQL
Dated milestones
date
2026-09-24
event
First-half results and mixed commercial metric
status
Mixed commercial and public-award measure
Remaining condition
See this card’s remaining-condition panel for the complete unresolved scope.
Cash and revenue boundary
Question
Disaggregate orders and grants before comparing the measure with another company’s backlog.
risk
Booked-and-awarded activity is not interchangeable with either revenue or noncancellable backlog.
realized or announced
See this card’s announced-fact panel; the complete source-backed state is recorded there once.
still conditional
See this card’s remaining-condition panel; keep its qualifications attached to the fact.
What would change this assessment
Evidence needed
Next report separating customer contracts, public awards, conditions and recognized revenue.
Test
Disaggregate orders and grants before comparing the measure with another company’s backlog.
Limit
Booked-and-awarded activity is not interchangeable with either revenue or noncancellable backlog.
Basis for comparison
dimensions
Scope definition
cancellation terms
revenue conversion
rule
Compare the same period, currency, instrument or contract status. Unknown values stay blank; no cross-company score is supplied.
Limits and missing evidence
Booked-and-awarded activity is not interchangeable with either revenue or noncancellable backlog.
Are tax credits being called customer orders?
Are half-year revenue and later-date cash being placed on one undated snapshot?
Measures to follow
Revenue by hardware/services and period
Booked/awarded composition and conversion
Cash dates before and after financing
Documents still needed
Definition stored beside every metric
Component breakdown and roll-forward
Latest comparable statements and customer acceptance
Reporting currency
EUR
Reporting period
Six months ended2026-06-30Original sources and scope
Six months ended June 30. Booked and awarded business includes grants, tax credits and multiyear contracts. Separately dates June 30 and August 27 cash.
Read, question, follow the source
A closer look at the evidence
Company evidence guidePasqal: keep the listed company and the executable analogue task togetherA current PSQL identity card paired with the full meaning of an analogue computation.Context reviewed +
Pasqal completed its business combination in August 2026, and its subsequent financial reporting identifies Pasqal Holding SA as Nasdaq-listed under PSQL. The transaction release distinguishes ordinary shares from warrants. That completed status matters because earlier announcements still describe a proposed transaction, and a current footer can appear beneath an older article. A reliable profile should establish the issuer’s present identity from the later evidence and then separately explain what a reader can actually execute using Pasqal’s analogue platform.
The technical part of the profile should begin with a task description. An analogue programme specifies a physical evolution under the available controls; its meaning cannot be reduced to a familiar gate-circuit diagram without checking the mapping. The useful questions concern the allowed geometry, interactions, pulse constraints, initial state and measured output. A software example becomes more informative when the reader can connect each modelling choice to the device or emulator that will run it. That connection is an editorial target for the profile, not a claim that every example is currently available on hardware.
Imagine a team studying an optimisation formulation using an atom arrangement. The team should preserve the classical problem instance, the mapping into the physical model and the rule used to turn measurements back into candidate solutions. It should also record how invalid or missing outcomes are handled. Otherwise a change in post-processing could appear to be a hardware improvement. Repeating a small, well-described task can be more useful than publishing a large atom count with no accessible output definition. Scale and reproducibility answer different questions.
Commercial reporting adds another set of boundaries. Platform access, installed hardware, development services and collaboration programmes need not generate revenue in the same way. A reader-facing profile should link any financial figure to the relevant period and reporting definition, and should avoid assigning all issuer revenue to one technically interesting activity. Pasqal’s first-half report and the date of its later transaction also represent different time windows. A period-end figure must retain its own date even when a post-closing cash figure is more recent.
Issuer
Pasqal Holding SA
Exchange
Nasdaq
Ticker
PSQL
Traded instrument
Ordinary shares; PSQLW warrants are a separate instrument
Public exposure
Direct neutral-atom quantum computing issuer
Execution mode
Analogue task; exact device and access conditions must be attached to each example
Period boundary
First half ended June 30; business-combination closing in August
Questions to take with you
Can an old proposed-listing article remain linked?
Yes, as transaction history with its original date and status. The current identity card should cite later completed-transaction and reporting evidence, so a reader does not mistake the earlier proposal for the current state.
What belongs with an analogue demonstration?
The original problem, physical mapping, device or emulator, control constraints, measured outputs and decoding rule. These fields let a reader tell whether a revised result changes the computation or only the surrounding workflow.
Evidence context only. This guide does not change QRank scores or supply a current price.
Product roadmap and delivery dates require exact product scope; no unrestricted hardware access inferred.
TECHNOLOGY & ACCESS
What it does. Where it fits.
Neutral-atom analog quantum computing
Who should look closer
Researchers exploring analog quantum simulation and teams building pulse-level workflows that can move from emulation to accessible hardware.
QubitWire’s editorial assessment of practical fit.
Cloud and installed systems
Pasqal documents Fresnel cloud jobs through its SDK. Build against the current device specification and available calibrated layouts; project access and hardware constraints apply.
Jülich describes executing analog evolution and measurements on its 100-qubit JADE processor, then using the resulting bitstrings in sound design. This verifies external use without implying a speedup.
Current cloud evidence supports constrained analog execution. Simulation libraries and digital-analog roadmaps do not establish an unrestricted fault-tolerant gate-model service, and the cited external use does not demonstrate computational advantage.
The next question to watch
Can broader external experiments report reproducible accuracy and run-time comparisons, while access grows from analog execution to more capable programmable modes?
A research question, not a promised milestone.
QubitWire coverage
Applications · Published · Source report · Sources checked
A software-release analysis of Pasqal’s October 8 toolkit: it connects ideas to quantum hardware while leaving important scientific checks to the researcher.
A photonic integrated circuit produced four rubidium-atom traps, with an approximately 27.5-second lifetime reported by the company.
Open research questions
Editorial questions for this profile. No reviewed closure decision has been recorded; unanswered questions do not lower the official score.
Open research question
Can broader external experiments report reproducible accuracy and run-time comparisons, while access grows from analog execution to more capable programmable modes?
What evidence would help
A source addressing this question must identify the named system, experiment or deployment, its conditions, measured outcome and remaining limitations. Does the result report errors, circuit depth and a credible classical baseline?
What would resolve it?
An editorial review must explain which part of this question the evidence resolves. A roadmap or an announcement alone does not close it.
No resolved, partial or disputed outcome is asserted without a reviewed transition and its evidence.
Which named system or service can I use under the documented access route?
What evidence would help
Check the current terms for cloud and installed systems. Identify the system version, eligibility, restrictions and whether the result used hardware or simulation.
What would resolve it?
Current primary documentation must identify the offering, eligible user and access conditions. An unspecified company-level access claim is insufficient.
No resolved, partial or disputed outcome is asserted without a reviewed transition and its evidence.
Can you access the named system today, and under which plan?
What evidence would help
Provide the source location, relevant product or generation, workload, resource constraints and reported uncertainty. Keep measurements, simulations and announced targets distinct.
What would resolve it?
A source reviewer must map the evidence to this exact scope. Missing disclosure remains unknown; it is not technical failure.
No resolved, partial or disputed outcome is asserted without a reviewed transition and its evidence.
Questions are drawn from the existing brief and sector reading guide. Research brief reviewed 7 Sept 2026. Following stores a local bookmark; it does not send email alerts or imply a scheduled review.
Since your review
Scope: Pasqal. Reading a page never marks its records reviewed.
Keep a baseline and explicitly mark the evidence you have reviewed. This optional journal stays in this browser.
Existing material records remain available after setup. Routine rechecks and initial entries are excluded from material counts.
These are the existing assessment claims and their recorded criterion links. A source link is not an independent replication. New research does not change these published ratings automatically.
Documents real-QPU submission, live device specifications, hardware constraints and register calibration for the cloud-accessible Fresnel neutral-atom processor.
Jülich reports using Pasqal’s 100-qubit JADE system for analog evolution and measurement, generating bitstrings used in a film sound design. The page exposes a last-modified date, not an original publication date.
No page, figure or section locator is recorded. Open the source and check the claim in its original context.
Capability
Documentation and Jülich’s 100-qubit JADE report establish controlled analog evolution and measured bitstrings. The selected external use report does not provide accuracy benchmarks or error conditions sufficient for a higher capability rating.
Use in practice
Jülich directly confirms an application using its installed JADE processor; the outcome is creative research rather than an advantage benchmark.
Published rating inputs remain unchanged.
External source; collaborators may be involved
Source type: customer. Independent replication, experiment date and source-version fingerprint are not separately recorded.
Product and measurement scope: read the named system and conditions in this claim. No normalized product revision is assigned.
Review recorded 7 Sept 2026. Research brief reviewed 7 Sept 2026. These dates do not establish publication or experiment dates.
Documents a Qadence-to-Pulser interface for constructing pulse-level programs. Software support does not establish that every represented gate is available on a cloud QPU.
Repeated coverage can describe the same experiment. The assessment does not contain a reviewed claim-family grouping, so the number of links is never shown as a replication count. Source pages can change independently of this saved assessment; the original source text is not archived here.
Documents real-QPU submission, live device specifications, hardware constraints and register calibration for the cloud-accessible Fresnel neutral-atom processor.
Jülich reports using Pasqal’s 100-qubit JADE system for analog evolution and measurement, generating bitstrings used in a film sound design. The page exposes a last-modified date, not an original publication date.
Pulser ↗Organization-originated source · Publication date not stated
Documents an open-source Python library for designing and simulating pulse sequences on programmable neutral-atom arrays.
Documents a Qadence-to-Pulser interface for constructing pulse-level programs. Software support does not establish that every represented gate is available on a cloud QPU.
Pasqal’s September 2026 financial release identifies Pasqal Holding SA as Nasdaq-listed PSQL and reports results for the six months ended June 30. Its commercial reporting distinguishes revenue, QPU-related services and booked-and-awarded business. Those measures should remain separate from its technical performance record.
Pasqal, USA Rare Earth and Riven Systems announced a project to investigate quantum machine learning for rare-earth separation chemistry, including comparisons with classical models.
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