Singapore Launches First Commercial Quantum Computer

Singapore's Horizon Quantum launches first commercial quantum computer.

Singaporean firm Horizon Quantum has launched the city-state’s first quantum computer for commercial use, as reported by CNBC.

The company stated that the machine is fully operational, integrating components from suppliers Maybell Quantum, Quantum Machines, and Rigetti Computing.

According to Horizon Quantum, it is the first company to focus exclusively on quantum software and own its own computer.

“Our goal is to help developers start using the technology for real-world applications,” noted the company’s founder, Joe Fitzsimons.

He added that while his firm specializes in software, understanding the physical level of this new type of computing is also crucial.

Founded in 2018, the startup develops software and infrastructure for quantum computing systems.

The Quantum Race

Horizon Quantum hopes to use the equipment to accelerate the development of real quantum applications in various sectors such as pharmaceuticals and finance.

Quantum systems are designed to solve problems too complex for traditional machines. For instance, developing new drugs requires simulating molecular interactions, or calculating millions of scenarios for risk assessment. Such processes are slow and resource-intensive on conventional computers.

Current quantum systems are in the early stages of development. Experts offer varying forecasts regarding the emergence of functional and stable solutions. In the crypto community, there are concerns about the technology’s advancement due to potential risks to the industry.

In December 2024, University of Calgary scientist Pierre-Luc Dallaire-Demers stated that it might be about five years before commercial quantum computers can crack elliptic curve keys that secure Bitcoin wallets.

Renowned cypherpunk and cryptographer Adam Back, on the other hand, believes that breakthroughs in this new type of computing will strengthen Bitcoin rather than destroy it.

Investments in the quantum computing sector are increasing as major tech companies report breakthroughs.

In February 2025, Amazon introduced its first quantum computing chip. Its design will enable the company to create highly efficient hardware systems.

In the same month, Microsoft announced its first semiconductor, Majorana 1. The company has “created an entirely new state of matter” — topological.

In October, researchers from Google Quantum AI announced achieving “verifiable quantum supremacy” with a new Quantum Echoes algorithm running on a 105-qubit Willow processor.

Nasdaq Listing

Horizon Quantum has planned a merger with dMY Squared Technology Group to list on Nasdaq under the ticker HQ. The deal is valued at approximately $503 million and is expected to be completed in the first quarter of 2026.

The launch of the quantum computer in Singapore bolsters the city-state’s ambitions to become a regional hub for such computing. It has been investing significantly in the technology for many years, with the first research center established in 2007.

Before Horizon Quantum’s system launch, Singapore had one quantum computer primarily used for research purposes. Meanwhile, Quantinuum plans to deploy another commercial solution in 2026.

In April, the quantum computing company Origin Quantum applied its advanced technology for breast cancer diagnostics and drug development.