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Pasqal (Nasdaq: BBCQ) announced a strategic collaboration with True Nexus to apply neutral-atom quantum computing to modelling food protein functionality, targeting gelatin, texture and behavior in complex food systems. The partners aim to build a first fully vectorized, dynamic 3D model of protein gelation integrating extraction, molecular structure, processing and end-use conditions.
Pasqal recently announced plans to go public via a combination with Bleichroeder Acquisition Corp. II. The collaboration seeks a reference model to guide seed development, crop optimization and precision fermentation for alternative proteins.
Pasqal (Nasdaq: BBCQ) integrated NVIDIA CUDA-Q with its QRMI runtime to enable CUDA-Q workloads within standard Slurm HPC workflows. The integration makes Pasqal neutral-atom QPUs schedulable alongside CPUs and GPUs, supports hybrid GPU–QPU jobs on-premises and in the cloud, and targets first deployment at CINECA.
This step follows Pasqal’s announced path to go public via a business combination with Bleichroeder Acquisition Corp. II and aims to reduce adoption friction for HPC centers and enterprise compute teams.
Pasqal (Nasdaq:BBCQ) agreed to go public via a business combination with Bleichroeder Acquisition Corp. II, targeting a $2.0 billion pre-money valuation and expected Nasdaq listing after closing in H2 2026. The deal includes $200 million of convertible financing and is expected to provide >$600 million gross proceeds.
Pasqal reports ~100% revenue growth in 2025 (unaudited), ~$80 million booked business, seven deployed QPUs with three more in production, ~275 employees (70 PhDs), and planned QPU ramp to 13 units per year.