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RIYADH, Saudi Arabia, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Pasqal (Nasdaq: PSQL), a global provider of neutral-atom quantum computers, and True Nexus, a computational intelligence company focused on making protein functionality programmable for real-world food applications, today announced a major milestone in their collaboration: the successful use of Pasqal's neutral-atom quantum technology to encode selected protein structures relevant to the molecular mechanisms that drive protein gelation — the process that turns liquids into gels and gives foods their structure and texture.

Pasqal stock is stumbling out of the gate after its Nasdaq debut. Here's why investors shouldn't panic.

RIYADH, Saudi Arabia, Aug. 31, 2026 (GLOBE NEWSWIRE) -- King Abdulaziz City for Science and Technology (KACST), represented by the National Center for Quantum Technologies (NCQT), has signed a research collaboration agreement with Pasqal (Nasdaq: PSQL), a global leader in neutral-atom quantum computing, to advance research and development across multiple domains of advanced quantum technology and enhance quantum cryptography readiness in Saudi Arabia. The agreement was announced during a ceremony held at King Salman Science Oasis in Riyadh during World Quantum Day.

Pasqal CEO Wasiq Bokhari explains how the company's quantum computing tech is already being used by companies in data centers. He believes the company's individual approach to quantum computers by tailoring products to specific situations offers a way to scale similar companies can't match.

Quantum computing fans have a new entry point into the market: Pasqal, which roared in its U.S. market debut on Friday.

Shares of French quantum-computing company Pasqal surged around 60% in their ​Nasdaq debut on Friday, signalling strong ‌investor appetite for one of the sector's newest public companies.

Pasqal Holding SA expects its ordinary shares to begin trading on Nasdaq under the ticker symbol “PSQL” on August 28th