Honeywell International Inc. (NASDAQ: HON) announced that Quantinuum LLC, its majority-owned subsidiary, confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission on February 17, 2026, for a proposed initial public offering of common stock.

The company has not yet determined the number of shares to be offered or the price range for the proposed offering. The IPO remains subject to market conditions and completion of the SEC's review process.

Quantinuum operates as a quantum computing company that was formed through the combination of Honeywell Quantum Solutions and Cambridge Quantum Computing in 2021. The filing represents a step toward taking the quantum computing subsidiary public, though no timeline for the offering has been disclosed.

The press release notes that the announcement was made pursuant to Rule 135 under the Securities Act of 1933 and does not constitute an offer to sell or solicitation of an offer to buy securities. Any actual offers or sales will comply with Securities Act registration requirements.