PARIS, May 11, 2026 -- Pasqal, a global leader in neutral-atom quantum computing, today announced that it has been selected as a finalist in the XPRIZE Quantum Applications competition for its work toward reaching quantum advantage. Pasqal recently announced plans to go public through a business combination with Bleichroeder Acquisition Corp. II.

XPRIZE Quantum Applications is a three-year global competition with a grand prize of $5 million, designed to accelerate the development of quantum computing algorithms capable of addressing real-world challenges. Sponsored by Google Quantum AI and the Geneva Science and Diplomacy Anticipator (GESDA), the competition highlights growing global engagement in quantum innovation and reflects the field’s increasing technical maturity and feasibility. Pasqal was selected from a highly competitive pool of 62 Wildcard Registration submissions, and is one of five teams selected to move forward.

“Being named a Finalist in the XPRIZE Quantum Applications competition is a strong validation of Pasqal’s mission to turn quantum innovation into real-world value,” said Loïc Henriet, Chief Technology Officer at Pasqal. “This recognition reflects the strength of our science, the rigor of the independent judging process, and our focus on delivering measurable quantum advantage for applications that matter—across energy, climate, and human health.”

Teams across the competition are addressing 11 pressing societal challenges, including clean energy, climate adaptation, and public health, demonstrating how quantum innovation can help advance the UN Sustainable Development Goals.

In the next phase of the competition, Pasqal will undergo deeper technical evaluation focused on demonstrating credible progress toward measurable quantum advantage, supported by clear evidence of real-world impact and technical feasibility. Final competition results will be announced in 2027.