Pasqal is not alone in the race to produce quantum computers and it faces competition from well-funded rivals such as IonQ and IBM. However, it is pursuing a different technological line - neural atom computing, the ability to manipulate individual atoms with laser tweezers - which has the advantage of being more scalable and energy efficient, being able to run at room temperature rather than requiring supercooling.

In 2023, Pasqal closed a Series B funding round which will be used to develop its first quantum systems for use in business. Having successfully built proof of concept models and overcome the technical challenges of manipulating a few and then hundreds of atoms, Pasqal is building a bespoke control system and begin implementing quantum algorithms. Pasqal was also awarded one of five grants from the French Ministry of Defence in 2024, as part of a government plan to create 2 universal quantum computer systems for defence purposes by 2032. This new development indicates Pasqal's expansion from solely business purposes into new sectors where its technology can be impactful.