Pasqal, a global provider of neutral-atom quantum computers, hosted a senior delegation from the Kingdom of Saudi Arabia at its French headquarters and production site on August 25, 2026. The visit underscores the Kingdom’s accelerating focus on advanced computing under its Vision 2030 agenda.

The delegation was led by His Excellency Engineer Abdullah Alswaha, Minister of Communications and Information Technology. Other attendees included His Royal Highness Prince Abdulaziz Bin Turki Bin Talal, His Excellency Engineer Haytham AlOhali, Governor of the Communications, Space and Technology Commission (CST), and Saeed AlDobas, Executive Vice President of AI Infrastructure and Cloud at HUMAIN.

Technical Demonstration

During the tour, the delegation observed a live demonstration of atom-by-atom rearrangement, the core technique Pasqal uses to build and reconfigure atomic registers in its quantum systems. They also inspected the manufacturing line where the company assembles, calibrates, and tests systems for global customers.

Wasiq Bokhari, Chief Executive Officer of Pasqal, emphasized the industrial nature of the facility. "We build our quantum computers in France on our own production line, and we deliver them to our customers across Europe, the Middle East, Asia and North America," he said. "That is what the delegation came to see: quantum computing moving from the laboratory to industrial deployment."

Strategic Context

The visit follows two significant initiatives involving Pasqal and the Kingdom earlier this year:

• The inauguration of the Kingdom’s first quantum computer at Saudi Aramco’s data center.
• An agreement with Eleven Ventures to establish a commercial joint venture aimed at scaling quantum computing across the Kingdom and the broader MENA region.

Pasqal employs approximately 300 people and serves over 25 clients and partners, including Saudi Aramco, LG Electronics, Crédit Agricole CIB, CMA CGM, OVHcloud, Thales, IBM, and Sumitomo. The company has raised more than USD 300 million in total private funding.

Market Expansion

Pasqal is pursuing a listing on Nasdaq in partnership with Bleichroeder Acquisition Corp. II (NASDAQ: BBCQ). The business combination was submitted to shareholders for consideration, with a registration statement on Form F-4 declared effective by the SEC on August 5, 2026.

Pasqal and Eleven Ventures have agreed to establish a commercial joint venture to deploy and scale neutral-atom quantum computing systems across Saudi Arabia and the wider MENA region. The partnership targets multiple system deployments in the coming years.

The venture aligns with the Kingdom's Vision 2030 ambitions for artificial intelligence and advanced computing. It seeks to position Saudi Arabia as a regional hub for quantum technology.

Strategic Context

Eleven Ventures is a Saudi-based investment platform and venture capital firm. Pasqal operates as a global leader in neutral-atom quantum computing. The agreement covers deployment, commercialization, and scaling of Pasqal's systems within the Kingdom and the wider region.

No financial terms, equity stakes, or specific timeline details were disclosed in the announcement.

Governance and Regional Expansion

HRH Prince Abdulaziz Bin Turki Bin Talal, founder of Eleven Ventures, has been appointed Chairman of the Board of Pasqal Arabia. This leadership role is intended to provide strategic direction across the Kingdom and the region.

The joint venture intends to deploy and operate Pasqal's neutral-atom systems in the Kingdom. It also aims to bring Pasqal to market for customers across the wider region. A key component of the strategy is building local talent and expertise. The goal is to develop quantum capability within the Kingdom rather than accessing it from abroad.

Diplomatic Backdrop

The announcement coincides with the Kingdom of Saudi Arabia's State Visit to France on August 24, 2026. During the visit, Saudi officials visited Pasqal's headquarters and quantum computer production site in Paris. This underscores the deepening strategic partnership between the Kingdom and France in advanced technologies.

Market Outlook

Pasqal views quantum computing and AI as converging into the infrastructure of the next decade. The company believes the joint venture will give customers in the Kingdom and the region direct, commercial access to that infrastructure at scale. This addresses fast-growing regional demand for sovereign, high-performance computers.