Horizon Quantum Computing to go public via a SPAC merger with dMY Squared Technology Group in a $500m deal.

Horizon Quantum Computing, a developer of advanced software development tools for quantum computers, agreed to go public via a SPAC merger with dMY Squared Technology Group, a publicly traded special purpose acquisition company, in a $500m deal. “We are excited to partner with the dMY team because of their experience in enterprise hardware and software as well as their success as pioneers in the quantum computing industry. While quantum hardware continues to advance, the true revolution lies in enabling users to harness these powerful systems for solving real-world challenges. The 'applications bottleneck' represents a critical barrier between quantum computing's theoretical promise and practical impact — one that our team is committed to breaking through,” Joe Fitzsimons, Horizon Quantum Founder and CEO.