Quantum Tech, Investment, and Applications – Sutor Group

Quantum Tech, Investment, and Applications – Sutor Group

Sutor Group Quantum Processing Unit (QPU) Market Landscape - SGIA-QPML-20260222

A benefit for paid subscribers of the Quantum Tech, Investment, and Applications Substack from Sutor Group Intelligence and Advisory

Dr. Bob Sutor's avatar
Dr. Bob Sutor
Feb 23, 2026
∙ Paid

Quantum computers in orbit over the earth

This updated quarterly report explores 88 cutting-edge companies building quantum processor unit (QPU) hardware for quantum computing and annealing across 21 countries, showcasing their use of 9 quantum modalities and 3 innovative paradigms in 80 pages. It also highlights the 353 investors and funders fueling their breakthroughs, with direct links to 202 curated press releases, blogs, and news stories since January 1 that bring each company’s progress to life.

The report is a benefit for paid subscribers of the Quantum Tech, Investment, and Applications Substack from Sutor Group Intelligence and Advisory.

Our last report was published on November 4, 2025. In addition to updates and additional quantum computing hardware companies, we also now include links to Tracxn, where available. We’ve added five additional companies to the report and accounted for those that have been acquired.

We provide charts illustrating the distribution of the companies by country and geographic region. We show the breakdown of which companies are implementing each modality and the countries in which these companies are based. An additional chart shows that the digital paradigm is a far more popular approach than analog and, especially, annealing. We show the years the companies were founded and the significant increase in incorporation since 2016. For each private company for which public information is available, we show its investors and funders, as well as the companies in which those organizations have invested or funded.

Your use of this report is governed by the Copyright, Notices, Disclosures, Disclaimers, and Licenses statements on the Sutor Group website.

Contents

  • Introduction

  • Companies by Modality

  • Companies in Countries Developing Quantum Processing Units (QPUs) by Modality

  • Companies by Paradigm

  • Companies by Country

  • Companies by World Region

  • Companies by U.S. State

  • Companies by Canadian Province

  • Companies by Chinese City

  • Companies by French Region

  • Companies by German State

  • Companies by Japanese City or Special Ward

  • Companies by UK City

  • Companies by Year Founded

  • Appendix A: Table of Companies Developing Quantum Processing Units (QPUs)
    Including: Company, Company Headquarters, Public or Private, Year Founded, Business Profiles, Modality / Paradigm, Roadmap Publication Date, Roadmap Detail Level

  • Appendix B: Investors in and Funders of QPU Companies
    Including: Companies and Their Investors and Funders, Investors, Funders, and Their Companies

  • Appendix C: Selected Recent Press Releases, Announcements, and Blog Posts

  • Appendix D: Countries in Geographic Regions

  • Appendix E: Glossary of Terms

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