Pasqal's Third Saudi Initiative in Recent Months, This One on Post-Quantum Cryptography

Pasqal signed a multi-year research agreement with Saudi Arabia's KACST focused on post-quantum cryptography, announced alongside the company's keynote at the LEAP 2026 conference in Riyadh. This adds to Pasqal's existing deployment with Aramco and its joint venture in the region.

This marks Pasqal's third disclosed initiative in Saudi Arabia in recent months, a real and growing regional presence rather than a single announcement, coming the same week the company completed its Nasdaq listing.

This is confirmed through Saudi state media and Pasqal's own release. It remains a research collaboration aimed at eventually reaching commercial products, not yet a signed commercial contract.

Pasqal Holding SA. (2026, August 31). Pasqal and KACST Launch Strategic Quantum Research Collaboration as Pasqal Expands Presence in Saudi Arabia. Pasqal Investor Relations. https://investors.pasqal.com/news-releases/news-release-details/pasqal-and-kacst-launch-strategic-quantum-research-collaboration