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Quantum eMotion Selects Vantage Data Centers for Colocation Services Ahead of Commercialization
Newsfile· 2024-07-22 13:00
● Quantum eMotion Selects Vantage Data Centers for Colocation Services Ahead of Commercialization July 22, 2024 9:00 AM EDT | Source: Quantum eMotion Corp. Montreal, Quebec--(Newsfile Corp. - July 22, 2024) - Quantum eMotion (TSXV: QNC) (OTCQB: QNCCF) (QeM) is pleased to announce the deployment of its Hardware Security Module (HSM) and related infrastructure to the Tier 4 Vantage Data Center in Montreal. This strategic move is in preparation for the company's upcoming commercial activities and to comply wit ...
3 Quantum Computing Stocks That Could Grow Your Wealth
Investor Place· 2024-07-19 10:26
Many of these quantum computing stocks trade at reasonable valuations. Now is a great time for investors to consider these options to grow their wealth. So here are three quantum computing stocks to consider. What's more, IBM's approach has changed significantly since the company decided to focus on the miniaturization of quantum chips and their increased accuracy rather than increasing the number of qubits. While quantum computing still has a long way to go before it is practically usable, it has the poten ...
3 Quantum Sensing Stocks Detecting Hidden Opportunities
Investor Place· 2024-07-18 16:20
In recent decades, researchers have plunged into the deepest depths of the sea and discovered the potential in chemical compounds that were previously considered unpromising in terms of practical applications. It may seem like there are no more areas in which a breakthrough can occur to stimulate economic development. However, investors with quantum sensing stocks in their portfolios know that this road leads to a bottomless bag of gold. The quantum sensors market grew to $149.03 million last year and is ex ...
Besra Gold Announces: Update on the December Contract Note
Newsfile· 2024-07-17 13:16
Melbourne, Victoria, Australia--(Newsfile Corp. - July 17, 2024) - Besra Gold Inc. (ASX: BEZ) (Besra or the Company) refers to its ASX announcements dated 28 December 2023, wherein it advised that Quantum Metal Recovery Inc (Quantum) is to remit a further US$9,827,854.60 to Besra. Besra advises that despite Quantum's considerable efforts and confirmations that the US$9.8m will be remitted, unfortunately (as of today), Besra has not received these funds. As a consequence, both parties have agreed to terminat ...
7 Quantum Computing Stocks That Could Be Multibaggers in the Making: July Edition
Investor Place· 2024-07-17 11:25
I strongly feel that given the broad application base for quantum computing, there will be some quantum computing stocks that could be multi-baggers in the making. So here are seven companies for investors to consider. IonQ (IONQ) As of now the company is in its early commercial phase and has difficulties in generating profits and increasing its size, however, the recent achievements such as the 36-qubit system and the plans to create a 64-qubit one by 2025 are promising. Thus, IonQ has a solid cash balance ...
3 Quantum AI Stocks That Could Redefine Computing
Investor Place· 2024-07-16 10:30
Unlike conventional computers which use bits as the smallest unit of data, quantum computers use quantum bits called cubits. Additionally, cubits can exist in multiple states simultaneously due to superposition. And, those cubits can interact with each other. Leader IONQ (NYSE:IONQ) became the first publicly traded pure-play quantum computing company in October 2021. It specializes in trapped-ion quantum computers, known for high fidelity and scalability. It has already partnered with Pharma giants like Abb ...
Quantum eMotion Achieves ISO/IEC 27001 Cybersecurity Certification
Newsfile· 2024-07-11 13:00
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/216172 The scope of this certification encompasses Quantum eMotion's security management of applications and systems for its quantum-based cybersecurity software and hardware solutions, including cryptographic solutions. "We are thrilled to have achieved ISO 27001 cybersecurity certification, a critical milestone that can be timeconsuming and expensive," said Francis Bellido, CEO at QeM. "This certification i ...
The 3 Smartest Quantum Computing Stocks to Buy With $5K Right Now
Investor Place· 2024-07-11 10:15
As per McKinsey, public investments in quantum technology have grown significantly, increasing by over 50% since 2022, totaling approximately $42 billion globally. This increase is driven by countries like Germany, the UK, and South Korea, indicating a strong governmental interest in quantum technology. Source: Shutterstock The company has already secured partnerships with notable firms such as Riverlane in the UK for error correction and Quantum Machines in Israel for control systems. These collaborations ...
Treasure Hunt: 3 Quantum Computing Stocks Wall Street Hasn't Discovered Yet
Investor Place· 2024-07-10 10:38
Furthermore, there were 367,000 graduates in quantum technology-relevant fields in 2023, with a 10% increase in universities offering master's degrees in quantum technology. Source: T. Schneider / Shutterstock Encouragingly, D-Wave has also been improving its financial profile. Gross margins expanded from 27% to 67% year-over-year in Q1 as revenue grew and operating efficiencies kicked in. Adjusted EBITDA loss narrowed by 24% to $12.9 million. While still unprofitable, D-Wave's losses are moving in the righ ...
SCOPE AI to Acquire Advanced Quantum Security Technology to Fortify Data Protection
Prnewswire· 2024-07-09 12:00
Key Benefits of the Acquisition: About the QSE Technology Under the terms of the Technology Agreement, Scope will acquire Ovryde's ownership and rights relating to the QSE Technology. In consideration of the QSE Technology, Scope has agreed to pay to Ovryde $400,000 and issue to Ovryde 2,800,000 common shares of the Company (the "Consideration Shares") on closing of the transaction. The Company is also pleased to announce a private placement financing of 1,250,000 common shares at a price of $1.60 per share ...