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Datavault AI Announces Headquarters Relocation to Philadelphia, Expansion of AI and Quantum Centers, and Advisory Board Growth to Fuel Rapid Innovation
Globenewswire· 2025-10-23 14:12
Core Insights - Datavault AI Inc. is experiencing accelerated growth through strategic expansions, including partnerships and acquisitions aimed at enhancing its global presence in AI, blockchain, and digital twins [1][2] Corporate Relocation and Expansion - The company will relocate its corporate headquarters to downtown Philadelphia, emphasizing its commitment to innovation and community engagement [2] - A new Center for AI and Quantum Computing Excellence has been established in Sandy Springs, Georgia, featuring advanced infrastructure for R&D and collaboration with local universities [2] International Initiatives - Datavault AI is opening a Quantum Computing & Digital Twin Embassy in Knightsbridge, London, to foster European collaborations in tokenized assets and AI monetization [3] - The London operation will also support the 1571 initiative, focusing on digitizing real-world assets and democratizing access to art and luxury markets [5][6] Governance and Advisory Board - The board has approved two new advisory members, Dr. John Ratzan and Mr. Mustaq Patel, to enhance expertise in AI scaling and global strategy [4] - An invitation has been extended to former Congressman Tony Coelho to join the advisory board, reflecting the company's focus on impactful governance [4][11] Technological Innovations - Datavault AI's technology suite includes patented platforms for data valuation and monetization, aimed at various industries including sports, entertainment, and healthcare [10] - The company is actively hiring specialists in AI, blockchain, and systems integration to support its growth and technological advancements [2]
Trump Wants in on Quantum Computing. Will RGTI, QBTS, IONQ, or QUBT Win?
247Wallst· 2025-10-23 13:36
The Wall Street Journal reports the Trump administration is eyeing stakes in quantum firms. ...
Shares Of Quantum Computing Firms Surge After Reports Trump Administration Could Take A Stake
Forbes· 2025-10-23 12:55
Core Viewpoint - Shares of U.S. quantum computing firms experienced significant increases in premarket trading due to reports of the Trump administration negotiating equity stakes in these companies in exchange for federal funding, similar to a previous deal with Intel [1][2]. Company Developments - At least three quantum computing firms, IonQ, Rigetti Computing, and D-Wave Quantum, are in discussions to provide equity to the Commerce Department for funding awards [2][4]. - Quantum Computing and Atom Computing are also considering similar arrangements [2]. - In premarket trading, IonQ's shares rose nearly 8% to $59.76, Rigetti Computing's shares surged 8.3% to $39, D-Wave Quantum's shares increased by 12.3% to $30.64, and Quantum Computing's shares were up by 9.21% [2][3]. Funding and Equity Structure - The federal funding awards for these companies are intended for "promising technology companies," with each company potentially receiving at least $10 million [4]. - The specifics regarding the amount of equity each company must relinquish and the structure of the deal remain unclear, particularly in comparison to the government's stake in Intel, which does not include board representation [4]. Industry Context - Quantum computing is recognized as a significant advancement in computing technology, with capabilities far exceeding those of current supercomputers. Google recently claimed its Willow quantum chip performed a complex physics simulation 13,000 times faster than existing supercomputers [6]. - Other major players in the quantum computing space, such as Microsoft and IBM, have also reported substantial progress, although practical deployment of quantum computers is still considered years away [6].
SEETEL New Energy, Energy Plug and Quantum eMotion Launch 261-kWh Breakthrough Battery Storage System for Worldwide Markets
Newsfile· 2025-10-23 08:00
Core Insights - A strategic collaboration has been established among Energy Plug Technologies, SEETEL New Energy, and Quantum eMotion to co-develop a 261-kWh Battery Energy Storage System (BESS) designed for Arctic and high-resilience environments globally [1][4]. Industry Overview - The global Battery Energy Storage System (BESS) market is currently valued at approximately US $8-10 billion and is projected to exceed US $80-100 billion by 2034, driven by renewable energy integration, decreasing battery costs, and grid modernization initiatives [2]. - North America's BESS market alone is expected to surpass US $30 billion by 2030 [2]. Company Contributions - Energy Plug Technologies is recognized for its innovative work in integrated energy-storage architectures and rapid-deployment systems, aiming to accelerate the transition to resilient and intelligent clean-energy solutions [3]. - SEETEL New Energy specializes in high-performance lithium battery modules and energy-storage systems, leveraging its advanced production facilities and expertise in high-efficiency battery systems [5][15]. - Quantum eMotion is embedding quantum-safe cybersecurity technologies into the energy systems, ensuring protection against next-generation cyber threats [9][11]. Product Features - The jointly developed MBT-SEETEL unit integrates critical subsystems within a single modular enclosure, delivering 135 kW of continuous power output and designed for rugged environments [4]. - Initial deployments of the BESS are planned for Asia and the Middle East in early 2026, with subsequent UL certification for North America in Q2 2026 [5]. Security Innovations - The collaboration incorporates quantum-safe cybersecurity at the hardware level, addressing the increasing cyber threats to energy networks [9][11]. - The Energy Management System (EMS) and Power Management System (PMS) are being developed in Canada, focusing on advanced control algorithms [10]. Deployment Scenarios - The BESS is designed for various applications, including Arctic and defense operations, oil and gas exploration, utility and grid support, remote communities, and marine systems [17].
Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms
WSJ· 2025-10-23 01:00
Core Insights - Washington's involvement is deemed critical for various sectors of the economy [1] Group 1 - The discussions indicate a significant role for Washington in shaping economic policies [1]
ROYAL CARIBBEAN REVEALS SUMMER 2027 ADVENTURES TO ALASKA
Prnewswire· 2025-10-22 15:34
Core Insights - Royal Caribbean has announced its summer 2027 cruise offerings to Alaska, featuring weeklong voyages on four ships: Anthem, Quantum, Serenade, and Voyager of the Seas [1][5] - The new itineraries include multi-night Cruisetour experiences on land, allowing travelers to explore Alaska's natural beauty and attractions [1][5] Group 1: Cruise Offerings - The 2027 Alaska vacations are available for booking for Crown & Anchor Society loyalty members, with general bookings opening on October 23 [1] - Each ship will offer unique experiences, such as whale watching, dog sledding, and helicopter tours, alongside onboard activities like rock climbing and outdoor movie nights [3][5] Group 2: Ship Highlights - **Anthem of the Seas**: Offers 7-night vacations from Seward and Vancouver, including excursions to Skagway and Ketchikan, with immersive overnight Cruisetour experiences [5] - **Quantum of the Seas**: Will sail from Seattle, featuring kayaking and wildlife spotting, along with onboard attractions like a surf simulator and laser tag [5] - **Serenade of the Seas**: Embarks on weeklong explorations through Alaska's Inside Passage, with family-friendly activities and dining options [5] - **Voyager of the Seas**: Provides 7-night itineraries from Seattle, showcasing breathtaking views and various onboard entertainment options [5] Group 3: Company Overview - Royal Caribbean has been delivering memorable vacations for over 50 years, recognized as "Best Cruise Line Overall" for 22 consecutive years in the Travel Weekly Readers Choice Awards [6]
Scope Technologies Achieves CyberSecure Canada Level 1 Certification, Strengthening Its Foundation for Quantum-Resilient Security and Compliance
Prnewswire· 2025-10-22 12:00
Core Insights - Scope Technologies Corp. has achieved Level 1 certification under the CyberSecure Canada program, demonstrating its commitment to verified cybersecurity controls recognized nationally and trusted globally [1][2][6] Certification Highlights - The certification validates Scope's implementation of essential cybersecurity controls, including risk management, data protection, access control, employee training, and incident response readiness [6][7] - As one of the first firms focused on quantum security to receive this certification, Scope Technologies assures clients, partners, and regulators that its data management practices meet recognized cybersecurity standards [6][7] Strategic Implications - The Level 1 certification strengthens Scope's position to engage with partners and clients requiring verified cybersecurity compliance, particularly in regulated sectors such as finance, healthcare, legal, and critical infrastructure [7] - This milestone lays the groundwork for pursuing additional certifications, such as CyberSecure Canada Level 2, which are prerequisites for government and defense-related engagements [7] - Scope Technologies aims to integrate quantum-resistant encryption and verified operational controls, reinforcing its mission to set new standards in cybersecurity [7][9] Future Path - The company plans to continue progressing toward Level 2 certification while leveraging its current accreditation to enhance partnerships and expand integration opportunities within regulated sectors [7] - Scope Technologies is focused on delivering quantum-resilient security infrastructure to organizations worldwide, positioning itself as a leader in post-quantum security [4][7]
Billionaires Are Piling Into This Quantum Computing Stock That Gained Over 2,640% in the Past Year
The Motley Fool· 2025-10-22 08:25
Core Insights - The quantum computing sector has seen significant share price gains, with some stocks rising as much as 2,640% over the past year, attracting the attention of billionaires and hedge funds [3][11] - D-Wave Quantum is a notable player in the quantum computing industry, focusing on both gate-based quantum computing and quantum annealing, which is believed to be advantageous for specific optimization problems [7][10] - The market capitalization of D-Wave Quantum is currently $11 billion, with a reported revenue of approximately $3.1 million in Q2 and a loss exceeding $167 million, indicating a speculative investment reliant on the future commercialization of quantum technology [10][15] Investment Activity - Billionaires have shown increased interest in D-Wave Quantum, with significant purchases made by funds such as Tudor Investment Corp, Citadel Advisors, and Millennium Management, the latter increasing its position by 948% [13][11] - JPMorgan Chase's recent announcement of billions in investments related to quantum technology may serve as a catalyst for further interest and funding in the sector [14] Technology Overview - Quantum computers utilize qubits, which allow for greater data processing capabilities compared to traditional bits, potentially leading to superior computing power [6] - D-Wave's approach to quantum annealing may facilitate scaling with more qubits, although it presents challenges in manipulation compared to gate-based systems [8][10]
QUANTUM CLASS ACTION REMINDER: Bragar Eagel & Squire, P.C. Urges Quantum Corporation Investors to Contact the Firm Regarding Filed Class Action Lawsuit Before November 3rd
Globenewswire· 2025-10-21 21:28
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Quantum (QMCO) To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Quantum between November 15, 2024, and August 18, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. Click here to participate in the action. NEW YORK, Oct. 21, 2025 (GLOBE NEWSWIRE) -- What’s Happening ...
SuperQ Quantum Closes Brokered LIFE Financing of $3,450,000 Including Full Exercise of Agent's Option
Newsfile· 2025-10-21 17:17
Core Points - SuperQ Quantum Computing Inc. has successfully closed a financing round, raising a total of $3,450,000 through the issuance of 3,285,713 units at a price of $1.05 per unit, including the full exercise of the over-allotment option [1][2] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $1.40 for a period of thirty-six months [2] - The offering was led by Hampton Securities Limited, which received a 7% cash commission on the gross proceeds and broker warrants equivalent to 7% of the units issued [3] Use of Proceeds - The net proceeds from the offering will be utilized for quantum hardware development, including human resources, lab facilities, software, equipment, research, product development, and general working capital needs [4] Regulatory Information - The units were sold under specific Canadian securities regulations and are not subject to a hold period, while broker warrants are subject to a four-month and one-day hold period [5] Company Overview - SuperQ Quantum Computing Inc. aims to lead in quantum and supercomputing solutions, targeting enterprise transformation and providing direct ROI for global organizations [6][7] - The company's flagship Super™ platform is designed to make advanced computational power accessible, enabling various sectors to address complex challenges effectively [7]