Quantinuum (Trapped-Ion) vs Horizon Quantum (Quantum Software) — live market, SEC financial and quantum-hardware data side by side.
QNT is the larger company at $20.45B market cap, about 14× the size of HQ ($1.43B).
On cash runway — the metric that decides who needs to raise money first — HQ is stronger (91mo vs 57mo).
They take different technical paths: QNT reports 98 qubits (Physical Qubits (Trapped-Ion, All-to-All Connectivity)), while HQ reports its qubit count (Software-Defined (Hardware-Agnostic)) — raw counts are not directly comparable across modalities.
Is QNT or HQ the bigger company?
QNT is larger, with a market cap of $20.45B versus $1.43B for HQ.
Which has the longer cash runway, QNT or HQ?
QNT's cash runway is 57mo and HQ's is 91mo (current cash ÷ trailing-twelve-month operating burn; "CF+" means cash-flow positive).
What technology do QNT and HQ use?
Quantinuum (QNT): Physical Qubits (Trapped-Ion, All-to-All Connectivity). Horizon Quantum (HQ): Software-Defined (Hardware-Agnostic). Qubit counts are not directly comparable across different modalities.