Horizon Quantum Computing, a privately-owned company, has been in business for five years. At the moment, the company’s main areas of focus are software for computers, the internet, the workplace, and software as a service (SaaS). Joseph Fitzsimons, who also serves as its Chief Executive Officer (CEO), owns the business in question. The main office of the company is in Singapore’s Central Business District. There is a staff of between one and twenty-five people. Horizon Quantum Computing’s annual income ranges from $100,000 to $5,000,000, with a total of $3.2 million in cash invested in the business.
Horizon Quantum Computing has its registered office in a certain place. The company has provided its main email address, and you can find the company’s main website at
http://www.horizonquantum.com
The company goes by the name HQC. It has to do with the area of information technology. Horizon Quantum Computing’s website says that it offers options for information technology. The goal of this project is to create a new set of programming tools that will make software creation for quantum computers faster and more efficient.
Horizon Quantum Computing’s programmers are hard at work making high-tech computing tools that will make the time-consuming process of making programs for quantum computers faster and easier.
Horizon has designed its tools to simplify the process of enabling people to create applications that utilize quantum technology. Because of this, programmers from all walks of life will be able to use the possible benefits of quantum computers.
Dr. Joe Fitzsimons, a well-known expert in the area of quantum computing applications, started the company in 2018. Dr. Fitzsimons got a Ph.D. in physics from the University of Oxford for his work on designing quantum computers. He has spent the last 16 years doing study on quantum computing and the idea of computational difficulty. Dr. Si-Hui Tan is the company’s top expert. He has been studying quantum physics for 16 years, so he knows a lot about it. Dr. Tan also has a Ph.D. in physics from the highly regarded MIT.
Horizon Quantum Computing to become a node on Singapore’s National Quantum safe Network
Horizon Quantum Computing, which makes and uses software and is based in Singapore, has agreed to become a member in the National Quantum-Safe Network. The National University of Singapore (NUS) and the National Research Foundation of Singapore made this statement. Horizon says that it will keep researching and testing networks in order to get ready for a possible quantum internet.
Horizon Quantum Computing will be the first company to run a computer in the quantum-safe network. The group knows a lot about how quantum internet applications work. In 2008, Drs. Anne Broadbent, Elham Kashefi, and Joe Fitzsimons came up with the first blind quantum computing strategy for the whole world. In a cloud computing setting, this makes it easier to share quantum computing tools in a safe way. Since then, the protocol has come a long way. It is now an important part of the backbone of a future quantum internet. The first business uses of quantum computing are likely to use remote hardware that is hosted by the manufacturer.
Jeo Fitzsimons
Joe Fitzsimons
Chief Executive Officer, Horizon Quantum Computing:-
Joe Fitzsimons, founder and CEO of Horizon Quantum Computing, leads an organization dedicated to enhancing quantum technology usage. Their goal is to provide programmers with a wide range of software tools for easier quantum technology utilization.
Before founding Horizon Quantum Computing in 2018, Joe served as an associate professor at the Singapore University of Technology and Design. During his time there, he ran the group that was in charge of Quantum Information and Theory. He served as the head researcher at the Centre for Quantum Technologies, working on computer science and theoretical physics projects.
Joe started his career as a materials researcher and later became a senior research fellow at the highly regarded University of Oxford and Merton College, Oxford.
During that time, the person collaborated with peers to advance the concept of universal blind quantum computing, now recognized as a crucial tool for secure cloud-based quantum computing integration.
Joe has a PhD in theoretical physics from the prestigious University of Oxford and a bachelor’s degree in theoretical physics from University College Dublin. The person’s work at the University of Oxford was mostly about designing quantum computers.
The multiverse of Quantum
The fact that quantum computing can handle huge amounts of data in real time could have effects on the metaverse. This new technology would make it easier to create more realistic virtual environments that could be used for learning, advancing in a job, or just for fun.
It’s possible that quantum computers could handle huge amounts of data in an instant. With these pieces of information, it is possible to make a simulation of the world that is accurate and full of information. Using this, city builders could compare different ways to build cities and look at how the cities changed as a result.
If quantum computers can process data in real time, it could lead to a new era of virtual reality (VR) events that are more like real life.
Funds raised by Company
On March 31, Reuters put out a news story from Oakland, California. A Singapore-based software company called Horizon Quantum Computing said on Friday that it was investing $18.1 million. With this money, the business can speed up the development of new products and hire more technical experts.
Helium is a language that was made by a new business that started up in 2018. It was made to help quantum computers deal with hard problems.
Joe Fitzsimons, the CEO of Horizon, states that due to the current usage of quantum computers, app developers have little choice but to rely on simple operations or third-party code.
Fitzsimons says that only a small number of the more than 100 million software writers in the world are able to make applications for quantum computers on their own. Fitzsimons also thinks that financial institutions and drug companies will make their own software instead of using options that already exist.
Planning to Expand
Horizon Quantum Computing plans to open a new technology center in Ireland, which will be the site of its first operations in Europe.
Sequoia Fundraising India, Tencent Holdings Ltd. (0700.HK) in China, and SGInnovate, which is in charge of investing in new ideas for the Singapore government, all helped with the round of fundraising. Up to this point, the company has raised about $21 million.
Competitors
Horizon Quantum Computing’s competitors
1) Terra computing – Swiss company Terra Quantum, which is based in Zurich, has gotten $60 million in Series A funds. Lakestar, a well-known investor who had taken part in the company’s seed round in 2019, was in charge of the investment round. Short-term goals include building a base for quantum-as-a-service and making quantum gear that is unique. The last people who gave money during this round of fundraising have asked to remain anonymous. Terra says that the aforementioned groups include two large and well-known German family offices as well as one of the best bitcoin investors in the world.
Terra Quantum is based on the idea of making a new quantum platform that can do everything. Although making quantum devices will take time, the company’s main focus is currently providing users with a full range of quantum algorithms and security solutions, including distributing quantum keys.
The website of the company is
2) Xanadu quantum technologies – The company was founded in 2016. The headquarter of the company is at Toronto, Canada. Xanadu Quantum Technologies manages both the hardware and software aspects of photonic quantum computing. They have developed Borealis, a programmable quantum computer using light, and Penny Lane, a tool for programming quantum computers.
Website of the company is
