Pasqal and Eleven Ventures Form Joint Venture to Scale Neutral-Atom Quantum Systems Across Saudi Arabia and MENA Region

Neutral-atom quantum computing developer Pasqal and Saudi Arabian investment platform Eleven Ventures have signed an agreement to establish a commercial joint venture—Pasqal Arabia—to deploy, commercialize, and scale neutral-atom quantum processors across the Kingdom of Saudi Arabia and the broader Middle East and North Africa (MENA) region. Timed to coincide with Saudi Arabia's state visit to France, the initiative supports the Kingdom's Vision 2030 framework to establish localized, sovereign high-performance computing (HPC) and artificial intelligence infrastructure.

On-Premises Infrastructure and Regional Workforce Scaling

The joint venture establishes a commercial conduit to deploy multiple on-premises quantum computing systems directly within Saudi Arabia rather than relying solely on remote cloud access:

• Sovereign High-Performance Computing: Pasqal Arabia will integrate neutral-atom quantum hardware alongside high-performance classical computing and AI infrastructure to meet regional enterprise and government demand.

• Local Capability & Talent Pipeline: The entity will build dedicated technical expertise and workforce development programs within the Kingdom, training domestic quantum engineers and researchers to operate native installations.

• Diplomatic & Strategic Alignment: The agreement was highlighted during a diplomatic delegation visit by Saudi Arabian officials to Pasqal’s headquarters and QPU manufacturing facility in France.

Led by Pasqal CEO Dr. Wasiq Bokhari and Pasqal Arabia Board Chairman HRH Prince Abdulaziz Bin Turki Bin Talal, the deal builds on Pasqal's existing regional relationships, including its ongoing quantum simulation work with Saudi Aramco. Pasqal is currently progressing toward a public listing on the Nasdaq via its proposed business combination with Bleichroeder Acquisition Corp. II (Nasdaq: BBCQ).

Review official press updates via Pasqal Newsroom here, and examine our previous coverage of Pasqal public listing on the Nasdaq here.

August 24, 2026