The global quantum race is approaching an inflection point

By Soren Cocozza

Horizon Quantum, a Singapore-based company, has launched the nation's first commercial quantum computer, which has served as a milestone that not only strengthens its positioning for a potential public listing on the U.S. stock market, but signals a new phase in the global quantum race—which is characterized by industrialization through integrating software and hardware synergy.

Originally focused on quantum software development, Horizon Quantum has overcome prevailing industry norms by incorporating multiple hardware components, becoming the world’s first pure software-driven firm to independently develop and deploy a quantum computing system. The founder emphasized that only through full-stack integration—from the physical layer to the application layer—can computational power be precisely aligned with algorithmic requirements, thereby enabling effective solutions for complex challenges such as drug molecule simulation and financial risk assessment.

The potential transformation of quantum computing serves as the primary driver behind this technological competition. In contrast to classical computers that rely on binary bits, quantum systems leverage qubits, which exploit quantum superposition and entanglement to achieve exponential parallelism. This capability enables the compression of molecular simulation times in pharmaceutical research from months to mere hours and significantly enhances the accuracy and efficiency of financial risk modeling. As a result, quantum computing has emerged as a strategic frontier in the global contest for computational sovereignty.

The landscape of the global quantum race reflects a multipolar structure with distinct national strategies. The United States has established a robust ecosystem supported by leading technology firms and academic institutions; IBM’s superconducting quantum processors now exceed 400 qubits. China has advanced into the global forefront, demonstrating quantum advantage across both superconducting and photonic platforms, with industrial clustering and real-world applications entering an accelerated growth phase.

Under the Quantum Europe Initiative, the European Union aims to cultivate a quantum market valued at over EUR 155 billion by 2040. Japan has designated 2025 as the “Year of Quantum Industrialization” and committed JPY 50 billion to establish a foundation for industrial transformation. India has introduced its “National Quantum Mission 2035,” seeking to accelerate progress through strategic innovation.

Nonetheless, quantum computing remains in its early developmental stages, with persistent challenges related to hardware stability and algorithm-software compatibility. In the next phase of the global quantum race, competitiveness will depend on the synergistic advancement of hardware, software as well as practical industry applications. Striking a balance between fundamental research and industrial deployment, along with the establishment of unified technical standards, has become essential for nations striving to strengthen their long-term technological leadership.

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