Quantum Firms Defy Stock Market Rout to Move Ahead on Listings

Quantum 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 waved through a deal with Horizon Quantum Computing Pte Ltd.