As the quantum computing market heats up, the first multi-millionaire has finally emerged from quantum venture blueqat at the end of 2024 (not me, by the way).
This is a symbolic milestone not just for blueqat but for the entire Japanese quantum computing industry, marking a significant turning point in our long journey.
Additionally, I recently learned that blueqat was ranked 49th in Japan in terms of market capitalization in a Toyo Keizai magazine report. While many thought this was unlikely, looking at the surge in U.S. stocks, it’s clear that the quantum industry is gaining significant attention. This reflects both our company’s growth and the expanding quantum computing market, drawing interest from investors and market players alike.
Furthermore, the rising stock prices of U.S. quantum ventures have provided additional momentum. As various factors aligned, blueqat was able to achieve substantial growth.
2018: Some Earned Tens of Millions, but...
Even in 2018, Blueqat was already generating substantial profits as a venture. At the time, there were cases where investors achieved 40x returns, earning around 30 million yen.
Back then, we started to see investors betting on the potential of quantum computing technology and market growth, accelerating the influx of capital into quantum ventures.
However, even then, we had yet to reach the "hundreds of millions yen" mark. The quantum computing field has always been research-heavy, requiring significant time before commercialization. As a result, investment cycles tended to be long, and while there were those who made large gains in 2018, it wasn’t quite enough to break into the multi-million range.
End of 2024: The First Multi-Millionaire Finally Emerges
Fast forward six years—blueqat has continued developing quantum computing hardware and software, expanding into enterprise services, quantum AI, quantum sensing, and quantum communication. As a result, at the end of 2024, we finally saw the emergence of our first multi-millionaire.
This marks blueqat’s transition from a mere startup to a growth company with a solid position in the market. As quantum computing technology moves closer to real-world applications, the market has begun recognizing the potential of quantum ventures, leading to significant investor returns.
Market Recognition: The Impact of Ranking 49th in Japanese Startup Market Cap
A testament to this growth is blueqat’s ranking as the 49th highest market-cap venture company in Japan (as reported by Toyo Keizai).
This is unprecedented for a quantum computing company in Japan and is a significant milestone not only for blueqat but for the entire industry.
At the same time, U.S. quantum venture stocks have surged, rapidly increasing foreign investor interest. The alignment of market trends and blueqat’s growth strategy resulted in this success.
In fact, the demand for high-market-cap quantum ventures remains strong overseas, and we are seeing increased interest from international investors.
Future Strategy: Combining Quantum Computing with Data Centers & Servers
That said, the quantum computing industry still requires massive R&D investments.
To ensure continued stable growth, we are focusing on combining quantum technology with existing industries such as data centers and server businesses to drive revenue and profits further.
A key strategy is to offer quantum computing within hybrid cloud environments, making it more accessible for enterprises.
Additionally, we are making bold investments in new areas such as semiconductor-based quantum computing, which is expected to be a major driver of future growth.
The emergence of our first multi-millionaire is a symbolic event not just for blueqat but for the entire Japanese quantum computing industry.
For years, quantum computing has been discussed as a "technology of the future," but it is now becoming a real business and a viable investment opportunity.
The key question now is how quantum computing stocks will evolve and which company will produce the next multi-millionaire.
With continued attention on the sector, blueqat will remain committed to expanding the possibilities of quantum computing and advancing our business.
Having reached the point where we’ve produced a multi-millionaire and secured a spot in the market capitalization rankings, a new chapter for blueqat begins.
Together, let's shape the future of quantum computing and take the next leap forward!