$2 billion to $5 billion valuations are at the center of advanced talks for Quantum Art and Classiq to list on Wall Street through SPAC mergers, with decisions expected within weeks.
About 30 SPACs are now hunting quantum targets, and the route offers a fast way to raise $200 million to $300 million for an industry facing heavy development costs and limited private-capital capacity.
Quantum Art appears further along and could become the first Israeli quantum-computing company on Wall Street before the end of 2026; it raised $140 million in April and is pitching trapped-ion hardware.
Classiq, which sells quantum software and generates annual revenue estimated in the tens of millions of dollars, is still weighing another private round before going public at a higher valuation.
Five quantum startups have already gone public via SPACs in 2026 at a combined value near $70 billion, underscoring investor appetite despite sparse revenue and triple-digit revenue multiples across the sector.
Are billion-dollar quantum SPAC deals a smart investment or just a high-stakes gamble on technological hype?
As Israeli startups rush to Wall Street, can their technology truly outpace giants like IBM and Google?
While companies chase quantum profits, is the world prepared for the 'harvest now, decrypt later' data threat?
Quantum Computing Goes Public: 2026 SPAC Boom, Soaring Valuations, and the Rise of Quantum Art & Classiq
Overview
In 2026, quantum computing companies surged onto public markets, mainly through SPAC mergers, even as private investment slowed and global markets faced uncertainty. Despite risks and ongoing geopolitical tensions, public investors showed strong interest, drawn by the sector’s high growth potential and the promise of future breakthroughs. Israeli firms like Quantum Art and Classiq, backed by significant SPAC funding, illustrate this trend as they prepare for public listings. This wave of quantum SPACs highlights a shift from government-funded research to commercialization, with companies leveraging public capital to fuel innovation and compete globally.