Quantum Companies Database
Pasqal
Pasqal builds neutral atom quantum computers in which individual atoms are held in place by focused laser beams. It has deployed seven systems, including a 200-qubit machine for Aramco, and moved to a Nasdaq listing in 2026.
Founded
2019
CEO
Wasiq Bokhari (CEO)
Headquarters
Massy (Paris area), France
Technology
Neutral atom qubits held in optical tweezers
Funding / Status
Publicly traded (Nasdaq: PSQL) after a 2026 SPAC merger; more than 300 million dollars raised from investors before listing
Website
pasqal.com
Overview
Pasqal is a French company that makes quantum processors from arrays of neutral atoms. A laser technique called optical tweezers captures individual atoms and arranges them in any pattern the user wants, in two or three dimensions. Because the atoms are arranged by light, the geometry of the processor can be changed from one problem to the next, which is useful when the problem itself has a geometric shape, as in many simulations of materials and networks.
The company says it has deployed seven quantum computers, more than any other pure-play neutral atom company, with three more in production as of its March 2026 announcement. Customers include research centers, industrial groups, and the energy company Aramco in Saudi Arabia.
History and background
Pasqal was founded in 2019 as a spin-off from the Institut d'Optique in Palaiseau, near Paris. Its founders include Georges-Olivier Reymond, Christophe Jurczak, and the physicists Antoine Browaeys, Thierry Lahaye, and Alain Aspect, who shared the 2022 Nobel Prize in Physics for experiments on quantum entanglement. The company raised more than 300 million dollars in total funding from investors including French and European backers.
In June 2024 Pasqal reported loading more than 1,000 atoms in a single shot, and in the first half of 2026 it prepared defect-free registers of 1,024 atoms, doubling its earlier 506-atom result, while extending atom lifetimes by about forty times with a redesigned cryogenic setup. In March 2026 it announced plans to go public through a merger with the special purpose acquisition company Bleichroeder Acquisition Corp. II, at a 2 billion dollar pre-money valuation, and by late September 2026 it was reporting results as a Nasdaq-listed company under the ticker PSQL.
How the technology works
In a neutral atom computer, each qubit is a single atom, often rubidium, suspended in a vacuum chamber. Lasers cool the atoms to near absolute zero and trap them in tweezers, and a camera system checks which sites are filled and rearranges atoms to remove gaps. To perform two-qubit operations, the atoms are excited to Rydberg states, in which an electron orbits far from the nucleus, so that nearby atoms interact strongly and can become entangled.
Two features distinguish this approach. First, scale: loading thousands of atoms into tweezers is easier than wiring thousands of superconducting circuits, so neutral atom machines may reach large qubit counts sooner. Second, flexibility: atoms can be physically moved during a computation, which allows connections that fixed chips cannot make. The challenges are slower operations, lost atoms that must be replaced, and gate errors that are higher than the best trapped-ion results.
Pasqal's machines can run in an analog mode, where the atoms evolve under a controlled interaction to simulate physical systems, and in a digital gate-based mode. The company's roadmap has aimed for several thousand qubits and logical-qubit architectures in the second half of the decade. Its older roadmap pointed to 10,000 qubits around 2026 to 2027, and readers should treat such figures as goals rather than delivered results.
Products and platforms
Fresnel and Orion systems
Pasqal's analog and hybrid neutral atom processors. Fresnel is covered in our Hardware Database. Systems are available through Pasqal's cloud service and installed at customer sites.
Aramco deployment
A 200-qubit neutral atom system located in Aramco's data center in Saudi Arabia, described by Pasqal as a sign that quantum computers are moving from research into industrial settings.
Pulser and Qadence
Open-source software for programming Pasqal's hardware. Pulser lets users design the laser pulse sequences that control the atoms, and Qadence supports higher-level digital and analog quantum programs.
Cloud and discovery programs
Pasqal Cloud and a Quantum Discovery program let companies test neutral atom computing without buying hardware.
Industry partnerships
Pasqal works with partners in finance, including Crédit Agricole CIB, and in life sciences and energy, applying neutral atom computers to optimization, simulation, and machine learning.
Processors in our Hardware Database
- Pasqal Fresnel (Orion generation) — 100 qubits, released 2023 (cloud availability expanded 2024 to 2025)
Key milestones
| When | What happened |
|---|---|
| 2019 | Pasqal is founded as a spin-off from the Institut d'Optique. |
| 2022 | Alain Aspect, a Pasqal co-founder, shares the Nobel Prize in Physics. |
| June 2024 | Pasqal loads more than 1,000 atoms in a single shot. |
| March 2026 | The company announces a SPAC merger with Bleichroeder Acquisition Corp. II, valuing it at 2 billion dollars pre-money, with 7 systems deployed and 3 in production. |
| June 2026 | Stéphane Rougeot is appointed CFO to lead the Nasdaq listing; the 200-qubit Aramco system is publicized. |
| First half of 2026 | Defect-free 1,024-atom registers are prepared and atom lifetimes extended about forty times. |
| September 2026 | Pasqal reports first-half 2026 results as a Nasdaq-listed company (PSQL). |
Strengths and challenges
Strengths
- A scalable platform that can trap thousands of atoms without individual wiring.
- Reconfigurable geometry, well suited to simulation and graph problems.
- One of the largest deployed fleets among neutral atom companies, with international customers.
- Operates in conventional data center environments, since the atoms are cooled by lasers and the apparatus does not need a dilution refrigerator.
Challenges and open questions
- Gate fidelities trail those of leading trapped-ion and superconducting systems.
- Atom loss and the time needed to reload registers slow down computations.
- Competition is intense from QuEra, Atom Computing, Infleqtion, and others pursuing similar technology.
- The public listing brings quarterly scrutiny, share-based compensation charges, and listing costs that weigh on reported results.
Why it matters
Neutral atoms have become one of the fastest-moving hardware approaches, and Pasqal is Europe's leading company in the field. Its customers and its public listing show that governments and large companies are willing to buy machines that are still imperfect.
For learners, Pasqal is a good case study of analog versus digital quantum computing. Many of its earliest use cases rely on analog simulation, where the machine mimics a physical system directly, and the move toward error-corrected digital gates is one of the main transitions in the field to watch over the next few years.
Latest news
- Pasqal reports first-half 2026 financial results as a Nasdaq-listed company — September 2026
- Pasqal appoints Stéphane Rougeot as Chief Financial Officer — June 2026
- Pasqal's 200-qubit system is deployed at Aramco — 2026
- Pasqal announces plans to go public via a merger with Bleichroeder Acquisition Corp. II — March 2026
Frequently asked questions
What is a neutral atom quantum computer?
It uses individual uncharged atoms as qubits, held in place by tightly focused laser beams called optical tweezers. Lasers also cool, move, and entangle the atoms.
Who founded Pasqal?
Pasqal was founded in 2019 by Georges-Olivier Reymond, Christophe Jurczak, Antoine Browaeys, Thierry Lahaye, and Alain Aspect, a physicist who shared the 2022 Nobel Prize in Physics.
What is the Aramco system?
It is a 200-qubit neutral atom computer installed in Aramco's data center in Saudi Arabia, which Pasqal describes as one of its flagship industrial deployments.
Is Pasqal publicly traded?
Pasqal announced a SPAC merger in March 2026, and its September 2026 results release identifies it as listed on Nasdaq under PSQL. This page is not investment advice.
What are analog and digital modes?
In analog mode the atoms evolve under a controlled interaction to simulate a physical system directly. In digital mode the machine applies a sequence of discrete logic gates, which is required for general-purpose algorithms and error correction.
This profile is written for educational purposes and summarizes public announcements, company filings, and published research. Last reviewed: September 30, 2026. It is not investment advice. Check the company's official channels for the latest figures and claims.