Horizon Quantum reports developments tied to quantum software infrastructure, Triple Alpha, hardware-software integration, and public-company reporting. Company updates include financial-results announcements, investor conference participation, strategic collaborations with quantum hardware providers, and disclosures related to material agreements, shareholder matters, capital structure, and operating results.
Recurring news also describes the company's role in quantum application development, including efforts to connect software tools with trapped-ion quantum systems and cloud-accessible processors. These updates frame Horizon Quantum as a Singapore-based Nasdaq issuer focused on hardware-agnostic software for quantum computing workflows.
Horizon Quantum (HQ) clarified its equity structure and lock-up terms after concerns about potentially incorrect market information regarding its shares.
As of September 14, 2026, Horizon Quantum had 34,811,740 Class A Ordinary Shares and 19,744,585 Class B Ordinary Shares issued and outstanding. The company reiterated that lock-up agreements entered into by certain shareholders in connection with its March 19, 2026 business combination with dMY Squared Technology Group remain in force. These lock-ups expire on the earlier of a qualifying transformative transaction or 24 months after closing (March 19, 2028), except for one shareholder whose lock-up expires 18 months after closing (September 19, 2027). Horizon Quantum stated that all such lock-up agreements are currently still in effect.
Horizon Quantum (Nasdaq: HQ) announced that Founder & CEO Dr. Joe Fitzsimons and CFO Greg Gould will participate in two investor conferences in August 2026. At the 46th Annual Canaccord Genuity Growth Conference in Boston, Dr. Fitzsimons will join a fireside chat on Tuesday, August 11 at 8:30 AM ET, hosted by Kingsley Crane, with a webcast available on Horizon Quantum’s investor website.
At the 7th Annual Needham Virtual Semiconductor & Semicap 1x1 Conference, company management will hold one-on-one investor meetings on Wednesday, August 19.
Horizon Quantum (Nasdaq: HQ) reported Q2 2026 results for the quarter ended June 30, 2026. Cash and cash equivalents rose to $113.3 million, a net increase of $16.7 million from Q1 2026, driven mainly by the exercise of approximately 2.4 million Public Warrants (HQWWW) generating $27.5 million in gross proceeds; total warrant proceeds to August 3, 2026 reached $28.7 million.
Q2 2026 operating loss was $7.2 million versus $2.7 million in Q2 2025. Net loss was $115.2 million, or $2.20 per share, including a non-cash $108.3 million loss from remeasurement of warrant-related derivative liabilities. Adjusted EBITDA loss was $5.5 million compared with $2.1 million a year earlier. Operating expenses increased across R&D, sales and marketing, and G&A as Horizon Quantum invested in headcount, public company readiness, and its hardware testbed.
Operationally, Horizon released Beryllium, its object-oriented quantum programming language, to early access users, opened its Ember-1 testbed in Singapore to first users, and announced a strategic calibration-focused collaboration with Quantum Machines. The company also confirmed plans to locate a 256‑qubit trapped-ion testbed system in Dublin, Ireland.
Horizon Quantum (Nasdaq: HQ) and Quantum Machines announced a strategic collaboration to improve calibration and uptime for Horizon Quantum’s first in-house hardware testbed, Ember-1, a modular superconducting quantum computer. Horizon Quantum will use Quantum Machines’ orchestration platform and OPX1000 control system, already deployed in Ember-1, together with QM’s engineering expertise.
The partners plan to develop an embedded calibration framework that runs lightweight calibration routines during normal operation, aiming to reduce reliance on lengthy full-system calibrations, decrease downtime, and enhance operational stability over extended runtimes. Increased Ember-1 uptime is expected to expand access for users of Horizon Quantum’s Triple Alpha development environment and demonstrate Quantum Machines’ control technology in a real-world quantum computing setting.
Horizon Quantum (Nasdaq: HQ) plans to release its financial results for the quarter ended June 30, 2026 on Tuesday, August 4, 2026, before U.S. markets open. The company will host a conference call at 8:00 a.m. Eastern Time, with a live webcast at investors.horizonquantum.com and a replay available for one year.
Horizon Quantum (HQ) plans to locate its second quantum computer testbed at its European headquarters in Dublin, Ireland. The system will be IonQ’s next-generation 256-qubit trapped-ion quantum computer, expected to be among the most sophisticated commercial systems globally.
Horizon Quantum expects this frontier system to strengthen Ireland’s quantum ecosystem, support its Triple Alpha software platform, enhance runtime capabilities, and drive expansion of Irish science and engineering teams through deeper collaboration with industry and academia.
Horizon Quantum (Nasdaq:HQ) announced management participation in several upcoming investor conferences focused on technology and quantum computing.
CEO Dr. Joe Fitzsimons and CFO Greg Gould will present, join fireside chats, panels, and host one-on-one meetings, with webcast links accessible via the company’s investor relations website.
Horizon Quantum (NASDAQ: HQ) reported Q1 2026 results after completing a business combination and Nasdaq listing on March 20, 2026. Cash and cash equivalents were $96.6 million as of March 31, 2026. Reported operating loss was $6.5M and net loss was $3.6M ($0.09 per share). The company announced a strategic agreement to purchase a 256-qubit IonQ trapped-ion system and collaborations with Alice & Bob and AQT to integrate hardware with its Triple Alpha IDE.
Horizon Quantum (Nasdaq: HQ) will release first quarter financial results for the quarter ended March 31, 2026 on Tuesday, May 5, 2026, before markets open. A conference call and live webcast will be held at 8:00 AM Eastern that day to discuss results and business outlook.
Telephone participants must register via the Investors section to receive dial-in details and a unique PIN. A replay of the webcast will be available for one year.
Horizon Quantum (Nasdaq: HQ) and AQT announced a strategic collaboration to integrate Horizon’s Triple Alpha software with AQT’s trapped‑ion quantum processors to accelerate real‑world quantum applications.
The partnership enables cloud access to AQT hardware via Triple Alpha, broadening hardware support and simplifying developer access at multiple abstraction levels.