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2 Quantum Computing Stocks Up Over 2,200% to Throw $200 At
The Motley Fool· 2025-09-25 00:00
Core Insights - A small group of quantum computing stocks has generated remarkable returns, with some stocks increasing by over 2,200% in the past year [1][3] Quantum Computing Industry Overview - Quantum computing represents a significant innovation in computing technology, utilizing qubits instead of traditional bits, allowing for more complex data processing [2] - The potential applications of quantum computing include drug development and addressing major societal issues like climate change, which could significantly increase stock valuations [3] Company Highlights Rigetti Computing - Rigetti Computing has seen a staggering increase of 2,847% in its stock price over the past year [5] - The company builds its quantum machines in-house using superconducting qubit-based processors, achieving a median two-qubit gate fidelity of 99.5% and reducing its gate error rate by 50% [6][7] - Rigetti has secured a three-year contract worth $5.8 million with the Air Force Research Laboratory to develop advanced superconducting quantum networking [7][8] - Despite its high growth potential, Rigetti currently generates minimal revenue and operates at a loss, with a market cap of $7.8 billion [9] D-Wave Quantum - D-Wave Quantum has also experienced significant growth, with its stock up 2,278% in the past year [10] - The company utilizes annealing quantum computing technology, with its Advantage2 prototype featuring over 1,200 qubits and plans for a system with 7,000 qubits [11] - Analysts have noted the Advantage2's performance improvements over classical supercomputers, particularly in optimization problems, although its applicability is limited to specific problem types [12] - Similar to Rigetti, D-Wave is not yet profitable and has a market cap of $7.85 billion [12]
Quantum Computing Inc. Announces Closing of Oversubscribed Private Placement of Common Stock for Proceeds of $500 Million
Prnewswire· 2025-09-24 22:02
Core Insights - Quantum Computing Inc. has successfully closed an oversubscribed private placement, raising gross proceeds of $500 million through the sale of 26,867,276 shares of common stock priced at market value under Nasdaq rules [1][2][3] - The company plans to utilize the net proceeds to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes [2][3] - Since November 2024, the company has raised approximately $900 million in gross proceeds, significantly strengthening its balance sheet and supporting its multi-year growth strategy [3][9] Financial Details - The private placement was backed by strong support from both new and existing top-tier institutional investors, and was priced at a significant premium compared to the company's four recent offerings [3] - Following the closing of this offering, the company's total cash position is approximately $850 million [9] Company Overview - Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, providing accessible and affordable quantum machines and foundry services for photonic chip production [6] - The company's products are designed to operate at room temperature and low power, targeting applications in high-performance computing, artificial intelligence, cybersecurity, and remote sensing [6]
Can Rigetti's Recent Grants Accelerate Its Quantum Computing Roadmap?
ZACKS· 2025-09-24 18:11
Key Takeaways Rigetti won $5.8M AFRL contract, $5.48M AFOSR award and a 3.5M pound Innovate UK grant in 2025.AFRL funds quantum networking, AFOSR targets qubit defects and Innovate UK drives error correction.RGTI shares jumped 10.9% on AFRL news and are up 106.1% year to date, outpacing industry gains.Rigetti Computing (RGTI) has secured a series of significant grants over the past six months, underscoring both government confidence and the commercial relevance of its quantum roadmap. Most recently, in Sept ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quantum Corporation
Prnewswire· 2025-09-24 13:35
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [2][4][5]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi, LLP is encouraging investors who suffered losses exceeding $75,000 in Quantum Corporation between November 15, 2024, and August 18, 2025, to discuss their legal options [1][2]. - A federal securities class action has been filed against Quantum Corporation, with a deadline of November 3, 2025, for investors to seek the role of lead plaintiff [2][8]. Group 2: Financial Misconduct Allegations - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its revenue recognition practices during the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [4]. - On June 30, 2025, Quantum disclosed it would be unable to timely file its annual financial report due to ongoing reviews of its accounting practices, resulting in a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [5]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon, revealing deficiencies in internal controls and a revenue decrease of approximately $3.9 million [6]. - Following the announcement of its CEO's resignation on August 18, 2025, Quantum's stock price fell by $0.61, or 8.2%, closing at $6.83 per share [7].
TNF Pharmaceuticals Announces Name Change to Q/C Technologies and New Ticker Symbol “QCLS” to Reflect Strategic Focus on Quantum Class Photonic Computing
Businesswire· 2025-09-24 13:15
NEW YORK--(BUSINESS WIRE)---- $TNFA--TNF Pharmaceuticals, Inc. (Nasdaq: TNFA) ("Q/C†or the "Company†) today announced that it has changed its corporate name to Q/C Technologies, Inc. and will begin trading under the new ticker symbol "QCLS†on the Nasdaq Capital Market, effective as of the market open on Thursday, September 25, 2025. Until then, the Company's common stock will continue to trade under its current ticker symbol "TNFA.†The new name Q/C Technologies represents the Company's recent strategi. ...
Quantum Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – QMCO
Businesswire· 2025-09-23 21:28
LOS ANGELES--(BUSINESS WIRE)--Quantum Corporation Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – QMCO. ...
3 Quantum Computing ETFs to Know—And Why 2 Don't Hold D-Wave
MarketBeat· 2025-09-23 21:11
The quantum computing industry is among the fastest growing corners of the tech space—analysts at McKinsey predict it could skyrocket from $4 billion in revenue in 2024 to up to $72 billion in 2035. With a growing field of competitors specializing in developing quantum tech that are becoming increasingly competitive with legacy tech firms expanding into the space, investors have the difficult job of assessing which quantum stocks may be most likely to thrive in the coming years. D-Wave Quantum TodayQBTSD-Wa ...
WiMi Unveils New Efficient Quantum Random Access Memory Technology
Prnewswire· 2025-09-23 13:40
The new QRAM offers storage efficiency and capacity far beyond traditional classical RAM, enabling more efficient storage of both classical and quantum information. It adopts a fixed structural design that maximizes storage space utilization while maintaining stability, thereby increasing the overall capacity of the memory. While classical RAM requires memory modules to be expanded according to storage needs, the new QRAM technology, through quantum parallelism, allows storage capacity to dynamically adjust ...
Quantum Corp. to restructure term debt (QMCO:NASDAQ)
Seeking Alpha· 2025-09-23 13:15
Quantum Corp. (NASDAQ:QMCO) has entered into a definitive agreement to restructure its outstanding term debt held by Dialectic Technology SPV LLC and certain other lenders. In addition, Quantum amended its existing term loan credit and security agreement with its current term ...
Quantum Enters into Definitive Agreement with Dialectic and Other Lenders to Restructure Term Debt
Businesswire· 2025-09-23 12:35
Core Viewpoint - Quantum Corporation has entered into a definitive agreement to restructure its outstanding term debt, indicating a strategic move to improve its financial position and manage liabilities effectively [1] Debt Restructuring - The company has restructured its term debt held by Dialectic Technology SPV LLC and other lenders, which may enhance its liquidity and operational flexibility [1] - Quantum amended its existing term loan credit and security agreement with current lenders, suggesting a proactive approach to debt management [1]