December 3, 2025 inside Quantum Singapore’s office in Singapore. In the software package, it claimed to be the first private company to deploy a commercial quantum computer at an urban scale.
Sha Ying | CNBC International
Software firm Horizon on Wednesday became the first private company to put a quantum computer into commercial operation in a city-state, marking a milestone for our plans to list in the US.
Founded in 2018 by quantum researcher Joe Fidzimons, the machine is now fully operational, he said. It combines components from quantum computers, including the Maybell Quantum, quantum machines and Removes the calculation.
According to Horizon, the new computer will also make it the first Play Play Play software integration with its quantum computer, which it hopes will help advance the promising technology.
“Our focus is helping developers train quantum computers to actually work,” Fitzsimons at JSC told CNBC. “How do we take full advantage of these systems?” How do we program them?’
Horizon builds the software and infrastructure needed to power quantum computing systems.
“Even though we’ve focused a lot on the software, it’s important to understand how the stack affects the physical layer … That’s the reason for the testbed now,” Fitzsimons said.
The quantum race
Horizon Quantum hopes to use its new equipment to accelerate the development of new equipment from drugs to pharmaceuticals.
Quantum systems use the principles of quantum mechanics to solve problems that are too complex for traditional machines.
For example, designing new drugs that require modeling molecular interactions or running millions of scenarios to assess portfolio risk is slow and computationally demanding for conventional machines. Quantum computing is expected to provide faster, more accurate models for solving these problems.
At Google, a senior executive accountant in the group works on quantum computers CNBC said In March, he believes the technology is five years away from operational practical applications.
Today’s quantum systems remain in the developing stages and remain many engineering and programming challenges.
However, investments in the space are growing as major tech companies report Technological advances. Don’t hang up, Microsoft, Amazon again IBMAlong with the US government, millions are pouring into quantum computing.
The attention of investors was also hit In June after Nvidia Board Four executive Jensen Huang suggested that quantum computing is approaching an “inflation point” where practical applications may be faster than necessary.
Nasdaq listing
The Horizon Quantum announcement comes ahead of the merger DMY Squared Technology Technology Group Inc.special purpose procurement company. The deal, agreed in September, aims to take Horizon public on NASDAQ under the ticker symbol “HQ”.
The software firm said in September The deal values the company at $503 million and is expected to close in the first quarter of 2026.
Launching its quantum computer will also help cement Singapore a dream To be a regional quantum computing hub. The city-state has invested heavily in technology over the years, setting up the first quantum research center 2007.
Before Horizon Quantum System is online, Singapore simply was a quantum computer used mainly for scientific purposes. Additionally, the US-based firm Quantinum Deploy another commercial system in 2026.
Singapore’s National Quantum Strategy was unveiled in May 2024 S$300 million over five years A significant part of the expansion of the sector is aimed at the development of local quantum computer processors.
In May 2024, the National Quantum Strategy (NQS), Singapore’s national quantum initiative, was pledged $300 million over five years Enhancing development in the sector with a significant contribution towards the creation of local quantum computing processors.
