Pasqal

The 2026 tech IPO window that bankers predicted would be the busiest since 2021 has opened to near-silence, with Discord, Kraken, and Motive all stalled as a government shutdown hangover clogs the SEC pipeline and investors demand profitability over growth.

2026 marks the transition from noisy quantum experiments to error-corrected commercial systems, with neutral atom platforms from QuEra, Atom Computing, and Pasqal leading the charge.