Horizon Quantum Achieves Key Milestones Ahead of Business Combination with dMY Squared Technology Group
Horizon Quantum Computing has reached significant milestones while preparing for its business combination with dMY Squared Technology Group. The company has completed oversubscribed PIPE financing exceeding $100 million, appointed notable board members, launched an industry-first hardware integration testbed, and introduced the Beryllium programming language. A special meeting for dMY stockholders is scheduled for March 17, 2026, to vote on the business combination, expected to close in Q1 2026.
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Horizon Quantum Computing has made substantial progress towards its business combination with dMY Squared Technology Group. The company secured PIPE financing exceeding $100 million, with investors including IonQ and a Fortune 50 technology company.
Key appointments to its board include former Apple HR VP Danielle Lambert. Horizon also launched a fully operational quantum computer at its Singapore headquarters, establishing an industry-first hardware integration testbed.
The company announced a collaboration with Alice & Bob to enhance its Triple Alpha platform for fault-tolerant computing. Additionally, it introduced Beryllium, an object-oriented programming language for quantum applications. A stockholder meeting for dMY is set for March 17, 2026, to vote on the combination, anticipated to close in Q1 2026.
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