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Quantum Firms Xanadu, Quantum Horizon to List as Capital Needs Outweigh Stocks Rout

Bloomberg
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Two quantum computing firms—Xanadu and Quantum Horizon—are pushing forward with public listings this week despite volatile market conditions, prioritizing capital needs over stock selloff risks. The moves highlight the sector’s urgent funding demands as companies race to commercialize experimental quantum technologies amid high development costs and prolonged R&D timelines. Public markets remain a critical funding source despite recent downturns, with quantum firms opting for listings over private rounds to accelerate scaling and infrastructure investments. Both companies join a growing wave of quantum startups going public, signaling industry confidence in long-term potential despite near-term market instability and investor skepticism. Analysts note the listings reflect a strategic bet on quantum computing’s disruptive potential, even as broader tech stocks face pressure from economic uncertainty and shifting investor priorities.
Quantum Firms Xanadu, Quantum Horizon to List as Capital Needs Outweigh Stocks Rout

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MarketsTechnologyGiftExpandChristian Weedbrook, chief executive officer of Xanadu Quantum Technologies Inc.Photographer: Galit Rodan/BloombergGiftGift this articleAdd us on GoogleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowGiftBy Isabella WardMarch 19, 2026 at 9:47 PM GMT+5:30Updated on March 19, 2026 at 11:27 PM GMT+5:30BookmarkSaveTranslateTakeaways by Bloomberg AISubscribeQuantum computing companies are braving turbulent public markets in order to raise money to develop the still experimental technology, with two more taking critical steps toward debuts this week alone.Shareholders in blank-check vehicle Crane Harbor Acquisition Corp. were scheduled to vote on a merger with Xanadu Quantum Technologies Inc. on Thursday, just days after dMY Squared Technology Group Inc. investors wavedBloomberg Terminal through a deal with Horizon Quantum Computing Pte Ltd.

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Source: Bloomberg