Quantum Hardware

Horizon Quantum, a Singapore‑based software firm, announced it is the first private company to operate a commercial quantum computer in the city‑state, deploying a proprietary processor built from components by Maybell Quantum, Quantum Machines and Rigetti. Founded in 2018, the startup aims to accelerate quantum‑enabled solutions for pharma, finance, logistics and materials while preparing for a Nasdaq listing via a SPAC merger that values it at about $503 million. The move aligns with Singapore’s national quantum strategy and positions Horizon to capture a share of the projected $30 billion global market.