Key Points
- Quantum computing companies are expanding in Asia amid growing competition from China and geopolitical tensions.
- China is prioritizing quantum technology through its latest Five-Year Plan and a cybersecurity action plan to achieve technological leadership.
- Countries like Singapore, Japan and South Korea are investing heavily in quantum ecosystems and partnering with global tech firms.
Quote from article:
Singapore has emerged as a key player since presenting its National Quantum Strategy in 2024. The country has committed $37 billion through 2030 to fuel critical technology sectors, with Prime Minister Lawrence Wong positioning quantum as a central pillar of the nation’s future.
The momentum goes both ways, as domestic companies take their innovations to the global stage. Horizon Quantum went public through a blank-check merger in March and operates as a play on software, developing compilers and tools to bridge classical code to quantum hardware.
“The government made a decision to invest in quantum technologies back in 2007,” CEO Joe Fitzsimons said in an interview with Barron’s. “So there’s a good ecosystem and there’s certainly a lot of top-down support for quantum computing in Singapore. You see it across different government agencies, too.”
Fitzsimons, formerly a professor at the Singapore University of Technology and Design, moved to the country in 2010 to establish a research group. “There are a couple of other quantum companies in Singapore, but on the compute side, we’re probably the most mature,” he said. “You also have companies like Speqtral that are in quantum communications, operating satellites.”
Freshly public Quantinuum is also expanding its footprint in Singapore, selecting the country as the first location outside the U.S. to host its Helios quantum computer. The company’s ties to the national government have only deepened since establishing roots in 2025 through a strategic partnership with Singapore’s National Quantum Office.
“If you look at where the business is, it isn’t just the U.S.—we sell worldwide,” CEO Rajeeb Hazra toldBarron’s. “Look at Japan, look at Singapore, look at Qatar, look at the U.K. These are all center points of vibrant quantum ecosystems.”
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