$10.72-0.50 (-4.46%)
Horizon Quantum Holdings Ltd.
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Horizon Quantum Holdings Ltd. develops programming tools and software that simplify and automate the process of developing applications for quantum computers. The company provides programming tools that enable developers to construct reusable quantum...
FEATURE Quantinuum’s trading debut has cast doubt on the market demand for quantum computing. Beneath the surface, however, the interest and fervor remain just as strong as ever. IQM, a Finnish start-up, has taken on extra funding to keep up with high investor demand.
Pasqal, the French quantum computing start-up, plans to go public through a blank-check merger in the second half of the year.
Investors looking for a pure-play bet on quantum computing are about to get their biggest opportunity of the year. Quantinuum, the quantum firm backed by industrial giant Honeywell set the terms for its initial public offering on Tuesday, announcing plans to sell nearly 21.1 million shares at an expected price range of $45 to $50 each. The company sees net proceeds of $941.7 million at the midpoint of the range, or roughly $1.09 billion if underwriters exercise an option to buy an additional 3.16 million shares.
Horizon Quantum Computing Pte. (NASDAQ:HQ) is positioning itself as a software-focused company in the quantum computing sector, aiming to build a hardware-agnostic development environment that can help developers write code for multiple types of quantum computers, Chairman and CEO Dr. Joseph Fitzsim
The quantum hardware, software, and sensing company is positioned to capitalize on two of today’s biggest trends: quantum technology and the commercial space industry. “I like to say the only thing better than quantum is quantum in space,” CEO Matt Kinsella told Barron’s in a recent interview. Less than two months after going public through a blank-check merger, the company made headlines when it said it was providing upgraded quantum hardware to the International Space Station through a NASA cargo mission.