Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations Against Defendants - The complaint claims that QCI overstated the capabilities of its quantum computing technologies, products, and services [3]. - It is alleged that QCI misrepresented the nature and scope of its relationship with NASA, including its contracts and subcontracts [3]. - The company is accused of exaggerating its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [3]. - QCI's business dealings with two entities are described as related party transactions, which were not disclosed [3]. - The revenues of QCI are said to have relied, at least in part, on these undisclosed related party transactions [3]. - The lawsuit suggests that the eventual revelation of these facts would likely have a significant negative impact on QCI's business and reputation [3]. - Positive statements made by QCI regarding its business operations and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Lead Plaintiff Process - Investors in QCI have until April 28, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [4].

Strategic Investment in Quantum Pioneer: BTQ Technologies has signed a term sheet to invest €2 million in QPerfect, a French deeptech company specializing in neutral atom quantum computing and design automation. The proposed investment grants BTQ a 16.67% equity stake, with an option to acquire full ownership within 12 months. Advancing Quantum Software Through MIMIQ: QPerfect's flagship platform, MIMIQ, enables rapid, accurate, and scalable quantum algorithm execution—outperforming current simulators and ...

Group 1 - Rigetti Computing's shares fell 48.1% in Q1 2025, with a significant drop in January, although the stock is still up 925% over the last six months [1] - The release of Google's Willow chip in December 2024 initially boosted quantum computing stocks, including Rigetti, due to its effective error-correction system [2] - The performance benchmark used to showcase Willow's superiority was selectively chosen, making it easier for quantum systems to excel compared to traditional supercomputers [4] Group 2 - Nvidia CEO Jensen Huang indicated that the breakthrough represented by Willow is part of a long-term research journey, with practical quantum computing systems expected in about 20 years [5] - Rigetti is facing financial challenges, with only $10.8 million in revenue for 2024 against a $59.8 million R&D budget, indicating significant cash burn [6] - The current market cap of $2.25 billion for Rigetti is viewed as overly generous, with expectations of continued price drops in 2025 [7]

Quantum eMotion Expands to the U.S. with Launch of Quantum eMotion America and Appointment of Industry Veteran John Young as COOApril 08, 2025 7:59 AM EDT | Source: Quantum eMotion Corp.Irvine, California and Montreal, Quebec--(Newsfile Corp. - April 8, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Corporation"), a leading developer of quantum-powered cybersecurity solutions, is proud to announce the official launch of its U.S. subsidiary, Quantum eMotion ...

 Vancouver, BC – TheNewswire - April 7th, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB: ATOXF) (Frankfurt: 86A1) (“Quantum” or the “Company”) invites you to visit the Company during the annual Kamloops Exploration Group (“KEG”) conference at the Coast Kamloops Hotel and Conference Centre on Tuesday, April 7th and Wednesday April 8th.Representatives from the Company will be available to discuss Quantum’s properties throughout the convention period. Attendees may visit the Quantum booth where th ...

BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. QBI will use a multi-stage approach, Stages A, B, and C, to assess ...

Quantum computing is rapidly emerging as the next great revolution in technology, a field that could one day outpace artificial intelligence (AI) in terms of disruptive potential. This year is proving to be a pivotal period for the industry and especially for D-Wave Quantum Inc. (QBTS) . In March, the company made headlines with a few groundbreaking achievements. It demonstrated quantum supremacy using its Advantage2 prototype. It also unveiled a quantum-enhanced blockchain architecture garnering huge inves ...

Group 1: Market Performance - Quantum computing stocks exhibited significant volatility in March, with D-Wave Quantum rising 38.7% and Quantum Computing gaining 31.9%, while Rigetti Computing fell 6.4% and IonQ dropped 10.2% [1] - D-Wave's stock surged 92% in three days following the announcement of its application of quantum systems to solve real-world problems, despite flat year-over-year sales and reduced net losses [3] - The overall sector saw a bullish trend due to D-Wave's achievement, although the quality of this achievement faced scrutiny shortly after [6] Group 2: Company Earnings and Expectations - Rigetti Computing reported a 33% year-over-year decline in fourth-quarter sales, with net losses increasing from $0.09 to $0.68 per share, while Quantum Computing experienced a 17% drop in sales and a 35% rise in operating costs, leading to increased net losses [4] - The earnings reports from Rigetti and Quantum Computing fell short of analyst expectations, contributing to the mixed performance of their stocks [4] Group 3: Industry Insights and Future Outlook - The quantum computing industry is perceived to be overheated, with expectations that stocks will trend lower as speculative enthusiasm cools off [9] - Despite the potential for quantum computing to disrupt various industries in the long run, it is considered premature to identify long-term winners in this sector [9] - Companies like Alphabet and Nvidia, which are heavily invested in quantum computing research, may provide a more stable investment opportunity compared to smaller, pure-play quantum computing stocks [10]

Quantum computing is becoming the next big technology to hit the markets, and there are all sorts of ways investors can take advantage of this trend. While there are multiple pure-play quantum computing investments available, those are incredibly risky, as they already have premium valuations despite a high chance of not working out.As a result, I think investors are better off looking at established tech players investing in quantum computing rather than a pure play. If one of these companies' quantum comp ...

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our ...