Pasqal and Eleven Ventures Establish Joint Venture for Quantum Systems in Saudi Arabia

Pasqal, a global leader in neutral-atom quantum computing, and Eleven Ventures, a Kingdom of Saudi Arabia-based investment platform and venture capital firm, announced on August 24, 2026, an agreement to establish a commercial joint venture to deploy, commercialize, and scale Pasqal’s quantum computing systems across Saudi Arabia and the broader MENA region. The venture includes plans to deploy multiple quantum systems in the coming years and is designed to advance the Kingdom’s Vision 2030 ambitions in artificial intelligence and advanced computing while positioning the Kingdom as a regional hub for quantum technology. HRH Prince Abdulaziz Bin Turki Bin Talal, founder of Eleven Ventures, has been appointed Chairman of the Board of Pasqal Arabia. The announcement coincides with the Kingdom of Saudi Arabia’s State Visit to France, during which officials visited Pasqal’s headquarters and quantum computer production site.

Neutral-Atom Systems Deployment

The joint venture intends to deploy and operate Pasqal’s neutral-atom quantum processors inside the Kingdom, providing customers across Saudi Arabia and the wider region with direct commercial access to the systems rather than remote access from abroad. Pasqal’s architecture traps and manipulates individual neutral atoms with laser light to form programmable qubit arrays that support both analog and digital quantum computing modes. The approach enables scalable registers, all-to-all connectivity in the analog regime, and operation without the extreme cryogenic requirements of some competing platforms. Building local talent and expertise forms a core element of the plan so that quantum capability is developed and sustained within the Kingdom. This follows Pasqal’s existing industrial presence in Saudi Arabia, including prior system deployment activity with energy-sector partners such as Saudi Aramco.

Commercial Scaling and Regional Leadership

The venture is structured to bring Pasqal’s systems to market at commercial scale for customers in the Kingdom and MENA, meeting demand for sovereign high-performance computing infrastructure that combines quantum and AI capabilities. Strategic leadership will be provided by HRH Prince Abdulaziz Bin Turki Bin Talal as Chairman of Pasqal Arabia. Dr. Wasiq Bokhari, Chief Executive Officer of Pasqal, stated that the Kingdom has moved faster than most markets to turn advanced computing into national capability and that the joint venture places Pasqal’s systems inside the Kingdom, built to scale with the region’s ambition. HRH Prince Abdulaziz Bin Turki Bin Talal noted that the partners plan to deploy real systems, raise a generation of quantum talent, and position the Kingdom as the home of the technology for the entire region. The timing aligns with deepening France–Saudi Arabia cooperation in advanced technologies under the ongoing State Visit framework.

Bottom Line

The joint venture enables local deployment of Pasqal neutral-atom systems and talent development to support Saudi Arabia’s quantum and AI goals across MENA.

Find out more here.

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