Singapore’s Horizon Quantum lists in US after merging with dMY Squared
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Horizon Quantum Computing Pte. Ltd., a Singapore-based firm, has been listed in the U.S. as a special purpose acquisition company after merging with dMY Squared Technology Group. The business combination provides Horizon Quantum with approximately $120 million in gross proceeds, which will be used to enhance research and development and advance its quantum computing software infrastructure. The CEO emphasized the company's potential in the rapidly evolving quantum computing landscape, while dMY's CEO highlighted its hardware-agnostic approach.
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