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Terranova Defense and Quantum eMotion Forge a Global Cybersecurity Commercial Partnership
Newsfile· 2024-08-27 17:13
● . Terranova Defense and Quantum eMotion Forge a Global Cybersecurity Commercial Partnership August 27, 2024 1:13 PM EDT | Source: Quantum eMotion Corp. Montreal, Quebec--(Newsfile Corp. - August 27, 2024) - Terranova Defense Solution Incorporated (TDS) and Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (QeM) are excited to announce a groundbreaking partnership aimed at accelerating the commercialization of advanced cybersecurity solutions and key products. This strategic alliance designates QeM as the e ...
Quantum Increases its Per Share Price With Reverse Stock Split
ZACKS· 2024-08-27 14:10
Quantum Corporation (QMCO) recently announced that it will execute a 1-for-20 reverse stock split strategy to increase the per share trading price of its common stock and adhere to the Nasdaq stock market's continued listing standards. Under reverse stock split, a company reduces its total number of outstanding shares while proportionally increasing the share price. With this, QMCO's every 20 shares of its common stock will be reclassified into one share. Although the number of shares each investor holds de ...
SCOPE AI Announces Launch of the QSE Quantum Gateway
Prnewswire· 2024-08-15 13:00
VANCOUVER, BC, Aug. 15, 2024 /PRNewswire/ -- Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce the successful global deployment of its latest core module, the QSE Quantum Gateway. This pivotal rollout represents a significant milestone in Scope's mission to position businesses worldwide with cutting-edge quantum resilient entropy that drives security, scalability, and growth. The QSE Quantum Gateway has been designed to bridge the privacy and latency gap ...
Quantum (QMCO) Q1 Loss Wider Than Expected, Sales Fall Y/Y
ZACKS· 2024-08-14 13:15
Quantum Corporation (QMCO) reported a first-quarter fiscal 2025 non-GAAP loss of 9 cents per share, wider than the Zacks Consensus Estimate of a loss of 2 cents. The company incurred a loss of 4 cents per share in the year-ago quarter. QMCO generated revenues of $71.3 million, down 23% year over year. The top line missed the consensus mark by 0.9%. The decline in revenues is primarily attributed to lower contributions from hyperscale customers and reduced sales in tape media and royalty business. Management ...
BTQ Technologies Joins QuINSA as a Founding Member to Propel International Quantum Information Standardization
Prnewswire· 2024-08-14 12:00
Founding Membership: BTQ joins QuINSA as a founding member, collaborating with other international quantum technology leaders, including SKT, KT, LGU+, LG Electronics, POSCO, LIG NexOne, IDQ, Jin Infra, SDT, IBM, Qusecure, IQM , SemiQon, Quantum Machines, and AWS, to develop global standards for quantum communication, computing, and sensing. International Collaboration: QuINSA facilitates cooperation between experts, analyzes standardization trends, and collaborates with international bodies to promote indu ...
Spectral Capital Corporation Announces Exclusive Interview with Chairman Sean Michael Brehm on Quantum Computing and Global Outreach Efforts
Prnewswire· 2024-08-14 10:30
SEATTLE, Aug. 14, 2024 /PRNewswire/ -- Spectral Capital Corporation (OTCQB: FCCN) is excited to announce that its Chairman, Sean Michael Brehm, recently participated in an exclusive interview with Fast Company while traveling overseas to meet with investment firms and sovereign wealth funds. The interview, which delves into Spectral Capital's innovative Quantum Bridge Program, can be accessed here. During his travels, Brehm has been actively engaging with global investment leaders to educate them about the ...
Sparkle Pioneers Network-as-a-Service (NaaS) with Quantum-Safe Internet Use Case
GlobeNewswire News Room· 2024-08-07 11:00
ROME, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Sparkle, the first international service provider in Italy and among the top global operators, announces the successful completion of a Network-as-a-Service Proof of Concept (PoC) on a quantum-safe Internet use case. Realized in collaboration with leading companies Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), Intel, Adtran, and also supported by Telsy, a TIM Group company specializing in cybersecurity, the trial was carried out on Sparkle's metropolitan fiber optic netwo ...
3 Quantum Computing Stocks with Long-Term Growth Potential
Investor Place· 2024-08-06 10:15
Imagine if years ago you got into quantum computing stocks and made loads of money from companies that are heavily invested in AI and quantum technology. You'd be sitting pretty! This doesn't mean you missed the boat, however. This rise of quantum technology has confirmed that the technology has real world utility and is being adopted worldwide. The National Quantum Initiative Act includes government spending to speed up the study and growth of quantum physics. The Department of Energy also set aside $24 mi ...
Quantum Capital Group to Acquire Cogentrix from Carlyle for $3 Billion
GlobeNewswire News Room· 2024-08-05 10:30
HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Quantum Capital Group and its affiliates ("Quantum") today announced that it has entered into an agreement to acquire Cogentrix Energy ("Cogentrix" or the "Company"), a premier U.S. independent power producer, from funds managed by Carlyle (NASDAQ: CG) for a total consideration of approximately $3 billion. The Cogentrix platform is comprised of 5.3 gigawatts of efficient and flexible natural gas-fired power plants, located throughout PJM, ERCOT, and ISO-NE, which s ...
Quantum Battery Metals Announces Strategic 2024 Exploration Program for Kahuna Property
Newsfile· 2024-08-01 19:05
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2024) - Quantum Battery Metals Corp. (CSE: QBAT) (OTC Pink: BRVVF) (FSE: 23B0) ("Quantum" or the "Company"), is excited to unveil its comprehensive and strategic 2024 exploration program for the Kahuna Property, a pivotal advancement in our ongoing efforts to enhance and expand our cobalt assets. This well-orchestrated exploration initiative underscores Quantum's commitment to responsible resource development and the growing demand for critical batter ...