Horizon Quantum Holdings Ltd. is expanding its leadership team following a business combination with dMY Squared Technology Group, Inc., anticipating a public listing and adding experienced executives from major technology and finance firms. The company, which will serve as the holding company for quantum software infrastructure company Horizon Quantum Computing Pte. Ltd., expects to appoint Danielle Lambert, formerly of Apple Inc., Peter Oey of Grab Holdings Ltd., Jill Turner of Broadcom Inc., and Harry You, Chairman of dMY, to its board of directors. In May, Catherine Fitzsimons, currently with Fidelity International Ltd., will join as Chief Legal and Compliance Officer, EVP of Strategic Initiatives and Company Secretary. “Horizon Quantum is entering a crucial next phase of growth as we prepare to go public via a definitive business combination agreement with dMY,” said Horizon Quantum Founder & CEO Dr. Joe Fitzsimons, emphasizing the importance of these appointments in achieving the company’s mission.
Horizon Quantum’s Upcoming Board of Directors Appointments
Horizon Quantum is strengthening its leadership structure ahead of a planned merger with dMY Squared Technology Group, signaling a strategic shift toward public markets and accelerated growth. Peter Oey, Chief Financial Officer of Grab Holdings Ltd., also joins the slate, bringing experience from prior CFO roles at LegalZoom.com Inc. and Activision Blizzard Inc. Fitzsimons expressed enthusiasm for the opportunity, noting, “The momentum across the quantum industry, together with Horizon Quantum’s next stage of growth, makes this a particularly exciting time to join the Company.” Founder & CEO Dr. Joe Fitzsimons affirmed that these appointments are designed to strengthen the company and enhance its ability to achieve its mission of unlocking the full potential of quantum computers.
Leadership Addition: Catherine Fitzsimons as Chief Legal & Compliance Officer
This strategic addition signals a commitment to robust governance and legal oversight as Horizon Quantum scales its operations and expands its reach within the quantum computing sector. Fitzsimons arrives from Fidelity International Ltd., where she currently directs strategic initiatives and previously led global product legal efforts; her experience is considered invaluable as Horizon Quantum transitions through this period of transformation. Harry You, Chairman of dMY, emphasized the significance of this hire, stating, “Based on my prior experience with many public companies, I believe Catherine will be an outstanding addition to the team with her strong legal experience, particularly at Fidelity International.” You expressed confidence in Fitzsimons’ ability to act as a responsible steward for the company and its shareholders. The appointment reflects a broader effort to fortify the company’s leadership structure with individuals possessing proven track records in navigating complex regulatory environments and driving strategic growth. This presents a compelling opportunity to support the business through a period of transformation. She intends to ensure the company maintains discipline, vision, and purpose as it pursues its ambitious goals.
Based on my prior experience with many public companies, I believe Catherine will be an outstanding addition to the team with her strong legal experience, particularly at Fidelity International.
Harry You, Chairman of dMY
Triple Alpha IDE Enables Hardware-Agnostic Quantum Program Development
Horizon Quantum Computing is addressing a core challenge in the quantum industry: the difficulty of developing programs applicable across diverse hardware platforms. Founded in 2018 by Dr. Joe Fitzsimons, the company aims to overcome this limitation through its integrated development environment, Triple Alpha, designed to empower developers and unlock broader quantum advantage. This software infrastructure seeks to bridge the gap between current quantum hardware and future applications by enabling the creation of sophisticated, hardware-agnostic quantum programs. Triple Alpha allows developers to write code at multiple levels of abstraction, a key feature for maximizing portability and minimizing the need for constant re-optimization as hardware evolves.
The company’s mission, according to its website, is to “unlock broad quantum advantage by building software infrastructure that empowers developers to use quantum computing to solve the world’s toughest computational problems.” This focus on software is particularly significant given the rapid pace of innovation in quantum hardware, where different architectures require specialized programming approaches. The potential for hardware independence is central to Horizon Quantum’s strategy as it prepares to become a public company, as emphasized by Fitzsimons, who highlighted the importance of a robust software foundation for future scalability and commercialization.
Bringing world-class appointments to our board and leadership team strengthens the company and enhances our ability to achieve our mission of unlocking the full potential of quantum computers.
dMY Squared & Horizon Quantum Business Combination Details
The impending merger between dMY Squared Technology Group, Inc. and Horizon Quantum Computing Pte. Ltd. is expanding the latter’s leadership with experienced personnel to guide its expansion into the quantum software market. Beyond finalizing the business combination, Horizon Quantum is strategically assembling a board of directors and executive team designed to accelerate commercialization of its quantum development tools. These additions signal a commitment to robust governance as Horizon Quantum prepares to become a publicly traded company; Jill Turner of Broadcom Inc. and Harry You, Chairman of dMY, also join the board. Joe Fitzsimons will further solidify its infrastructure by welcoming Catherine Fitzsimons from Fidelity International Ltd.
Horizon Quantum is entering a crucial next phase of growth as we prepare to go public via a definitive business combination agreement with dMY.
