LOS ANGELES, Oct. 21, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Quantum Corporation, (“Quantum” or the "Company") (NASDAQ: QMCO) investors off a class action on behalf of investors that bought securities between November 15, 2024 and August 18, 2025, inclusive (the “Class Period”). Quantum investors have until November 3, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their le ...

Core Insights - Quantum eMotion Corp. has launched a redesigned website and a refreshed brand identity, introducing a comprehensive product portfolio that includes both software and hardware solutions, marking its evolution into a full-stack quantum-safe security platform [1][3] - The launch coincides with significant momentum in the quantum cybersecurity sector as organizations worldwide are transitioning to post-quantum standards in anticipation of the "Q-Day" threat [2][7] - The company aims to address the growing demand for affordable quantum-safe security solutions across various sectors, including finance, healthcare, and critical infrastructure [10][11] Product Ecosystem - The new product offerings include: - **Sentry-Q**: A next-generation quantum-safe encryption platform for secure communication - **eFlux-Q**: A cloud-based electron QRNG providing true quantum entropy as a service - **eCrypto-Q**: A developer-ready SDK with a range of classical and quantum-safe algorithms - **eBlock-Q**: A quantum-secure blockchain layer featuring pure randomness and post-quantum cryptography - **eHot-Q**: A quantum security engine for securing hot cryptographic wallets - **eCore-Q**: A miniaturizable electron-based QRNG for gigabit-speed entropy (upcoming) - **eCMOS-Q**: Chip-level QRNG integration for scalable post-quantum microelectronics (upcoming) - **eSOC-Q**: A unique SoC combining QRNG, post-quantum cryptography, digital signatures, and PUFs (upcoming) - **eVault-Q**: A quantum-powered hardware security module with embedded QRNG (upcoming) [6] Strategic Positioning - The timing of the launch aligns with the global adoption of quantum-safe technologies, driven by the publication of NIST's post-quantum cryptography standards and emerging regulatory mandates [7] - Quantum eMotion's electron-based QRNG technology offers advantages over photonic alternatives, including miniaturization for chip-level integration and operation at gigabit speeds, positioning the company to capture market share in high-value verticals [8]

Core Viewpoint - Quantum BioPharma Ltd. announces the expiration of 53,147 warrants and reiterates the record date for the distribution of contingent value rights (CVRs) to shareholders, linked to ongoing litigation against financial institutions for alleged stock price manipulation [1][2][3]. Group 1: Warrants Expiration - The company has expired 53,147 warrants, which were part of a previous financing completed on October 20, 2020, and represents the last tranche issued to hedge funds and investment funds [1]. - The original number of warrants issued was 3,454,543 before a reverse stock split of 65 to 1 [1]. Group 2: Contingent Value Rights (CVRs) - The record date for the distribution of CVRs is set for October 27, 2025, on a one-for-one basis for holders of Class B Subordinate Voting Shares [2]. - Each CVR will entitle holders to a pro rata portion of a minimum of 10% and up to 50% of the net proceeds from the company's legal action against CIBC World Markets, RBC Dominion Securities, and others, which seeks damages exceeding USD $700 million [3][4]. - Payments under the CVRs will only occur if the company receives net proceeds from the litigation, and there is no guarantee that any proceeds will be received [5][8]. Group 3: Company Overview - Quantum BioPharma is focused on developing innovative assets and biotech solutions for neurodegenerative and metabolic disorders, with drug candidates at various stages of development [6]. - The company’s lead compound, Lucid-MS, is designed to prevent and reverse myelin degradation, a key mechanism in multiple sclerosis, and is currently in preclinical models [6]. - Quantum BioPharma retains a 20.10% ownership stake in Unbuzzd Wellness Inc., which is involved in the development of health products, and has a royalty agreement that provides 7% of sales until total payments reach $250 million, after which the royalty rate drops to 3% [6].

Core Insights - The long-term prospects for quantum computing are promising, but historical trends indicate that early-stage innovations often face significant challenges [1][4][10] - Recent stock performance of quantum computing companies has been extraordinary, with IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing, Inc. experiencing substantial price increases over the past year [2][12] - Despite the potential of quantum computing, current valuations of these companies are unsustainable based on historical price-to-sales ratios [13][14] Industry Overview - Quantum computing is expected to create significant economic value, with estimates ranging from $450 billion to $1 trillion by 2040 [5][6] - The technology has applications across various sectors, including AI, pharmaceuticals, weather forecasting, and cybersecurity [9] Company Performance - The stock prices of IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing, Inc. have surged by 570%, 6,590%, 4,340%, and 2,830% respectively over the trailing 12 months [2] - Current price-to-sales ratios for these companies are extraordinarily high, with IonQ at 316, Rigetti at 1,803, D-Wave at 515, and Quantum Computing, Inc. at 10,005 [15] Historical Context - Historical patterns show that many technological innovations have gone through bubble phases, leading to eventual corrections [10][11] - The current market behavior suggests that investors may be overestimating the early adoption and utility of quantum computing technologies [12][13]

Core Insights - IonQ has significantly outperformed Nvidia since the beginning of 2023, with a return of 2,150% compared to Nvidia's 1,130% [1][2] - The quantum computing industry is gaining traction, with IonQ positioned as a key player, potentially disrupting Nvidia's dominance in the AI sector [2][4] Company Comparisons - Both Nvidia and IonQ are engaged in high-performance computing, with Nvidia focusing on GPUs and IonQ on quantum computing [3] - IonQ is developing a full-stack quantum computing solution, which could have applications in AI training and logistics, similar to Nvidia's early success [4] Market Potential - The quantum computing market is projected to reach an annual value of $15 billion to $30 billion between 2030 and 2040 [6] - If IonQ captures a 90% market share with a 50% profit margin by 2030, it could achieve profits of $6.75 billion, leading to a potential valuation of $270 billion [7] Growth Projections - Nvidia anticipates a significant increase in capital expenditures for AI data centers, projecting a rise from $600 billion in 2025 to $3 trillion to $4 trillion by 2030, indicating a compound annual growth rate of 42% [7] - This growth trajectory suggests that Nvidia's stock could increase nearly sixfold, reinforcing its position in the market [7] Investment Considerations - The likelihood of quantum computing becoming commercially viable by 2030 is uncertain, with IonQ's success dependent on achieving a dominant market share and high profit margins [5][8] - Current trends suggest that Nvidia's growth in AI spending may be more reliable than the speculative nature of quantum computing investments [8][9]

Core Insights - Quantum stocks experienced a pullback after a strong rally earlier in the week, driven by significant investments and advancements in the quantum computing sector [1] Group 1: JPMorgan's Investment Initiative - JPMorgan Chase & Co. announced a direct equity investment of up to $10 billion as part of a $1.5 trillion initiative focused on national security needs, particularly in quantum computing [1] Group 2: Rigetti Computing (RGTI) - Rigetti Computing's stock surged 113% over the past month, supported by strong fundamentals and strategic wins, including a price target increase to $50 from Benchmark [2] - The company has secured $21 million in contracts for 2025 and holds $571 million in cash reserves, enhancing its financial stability [2] - Key partnerships, such as one with Nvidia, and a focus on a 1,000+ qubit roadmap have bolstered investor confidence [3] - Recent contracts with the U.S. Air Force and the UK's National Quantum Computing Centre validate its technology roadmap [3] Group 3: IonQ - IonQ shares rose after achieving a significant milestone in quantum chemistry simulations, demonstrating precise atomic-level force calculations using its QC-AFQMC algorithm [4] - Despite the initial rally, IonQ's stock pulled back, declining 11% over the past five days [5] Group 4: D-Wave Quantum (QBTS) - D-Wave Quantum's stock rallied 25% on Monday, making it the largest mover among quantum stocks, although it later experienced a nearly 5% decline on Friday [5][6] - The stock remained up by more than 16% over the week despite the pullback [6] Group 5: Quantum Computing, Inc. (QUBT) - Quantum Computing, Inc. shares slid 2.47% over the past five days, indicating a downward trend in the latter half of the week [7]

Core Insights - Rigetti Computing (RGTI) has experienced a remarkable 264% year-to-date increase, indicating potential commercial traction for its technology [1][9] - Key catalysts for this surge include new purchase orders for its 9-qubit Novera systems and a contract with the U.S. Air Force Research Laboratory, suggesting growing demand beyond research [1][9] - Rigetti's advancements in chiplet-based architecture have renewed investor confidence in its scalability and cost efficiency, positioning it as a more competitive player in the quantum computing sector [1] Company Developments - Rigetti is expanding its global presence through collaborations with India's Centre for Development of Advanced Computing (C-DAC) and Montana State University, enhancing its credibility and opportunities in quantum cloud services [2] - Despite the strong momentum, Rigetti's revenue base remains small, and the company continues to face losses, raising questions about its ability to sustain growth [3][9] Peer Updates - IonQ (IONQ) has made strategic acquisitions to enhance its quantum roadmap, improving system scalability and performance while expanding its intellectual property portfolio [4][5] - Arqit Quantum (ARQQ) is focusing on quantum-safe encryption and has joined the Oracle Defense Ecosystem, which strengthens its position in secure networks [6][7] Financial Performance - Rigetti's shares have outperformed the industry, gaining 263.8% compared to the industry's 17% growth [8] - The company currently trades at a price-to-book ratio of 32.88, which is above the industry average, and carries a Value Score of F [11] - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests a significant 86.1% increase from the previous year [12]

Core Insights - Krown Technologies and Quantum eMotion have launched a joint marketing campaign for Qastle, the world's first quantum-secured hot wallet, prominently featured in Times Square [1][6] - The campaign aims to enhance global awareness of Qastle and position both companies as leaders in quantum-safe blockchain solutions [6] Marketing Campaign Details - The campaign will commence on October 26, 2025, utilizing a high-definition LED jumbotron at 1500 Broadway, New York City, ensuring significant visibility [3][4] - The display measures 56 feet wide by 29 feet high, covering 1,624 square feet, and will air Qastle's advertisement for 20 hours daily over a 92-day period, totaling at least 7,360 airings [4][5] Strategic Timing - The marketing run strategically coincides with major holiday events, including Veterans Day, Macy's Thanksgiving Day Parade, Christmas, and the New Year's Eve Ball Drop, maximizing audience reach during peak traffic times [5][6] Company Background - Krown Technologies is known for developing the Camelot Ecosystem, a comprehensive blockchain ecosystem integrating over 30 utilities across various sectors, including decentralized finance and quantum-secured services [7] - Quantum eMotion focuses on quantum-safe cybersecurity solutions, leveraging its patented Quantum Random Number Generator (QRNG2) technology for enhanced encryption and security applications [8]

Core Viewpoint - BTQ Technologies Corp has successfully demonstrated a quantum-resistant Bitcoin implementation, addressing the existential risk posed by quantum computing to Bitcoin's $2.4 trillion market capitalization [1][3][5]. Group 1: Quantum Threat to Bitcoin - The quantum threat is described as an existential risk to the entire Bitcoin economy, with the potential for quantum computers to break ECDSA signatures, making every transaction vulnerable to interception and theft [3][4]. - Approximately 6.65 million Bitcoin, valued at $745 billion, have exposed public keys, making them immediately attackable by quantum threats [2][3]. - The method of "harvest now, decrypt later" allows adversaries to download the entire Bitcoin blockchain for future decryption, threatening historical transaction privacy and user identification [3][4]. Group 2: BTQ's Quantum-Safe Bitcoin Implementation - The Bitcoin Quantum Core Release 0.2 replaces vulnerable ECDSA signatures with NIST-approved ML-DSA, providing a standards-based path to protect Bitcoin's market value [1][5][6]. - The implementation supports the full transaction lifecycle, including wallet creation, transaction signing, verification, and mining, ensuring comprehensive security against quantum threats [5][9]. - BTQ's solution is positioned as a first-mover in providing quantum protection for Bitcoin, aiming to secure the entire $2.4 trillion value proposition of Bitcoin as digital gold [11][12]. Group 3: Commercial Roadmap and Industry Coordination - BTQ has established a roadmap targeting the protection of the full Bitcoin market by 2026, with key milestones including a testnet launch in Q4 2025 and a mainnet launch in Q2 2026 [8][18]. - The BTQ Foundation has been created to coordinate industry-wide efforts to defend against quantum threats, leveraging BTQ's expertise in post-quantum cryptography [7][10]. - The urgency for protective action is emphasized, as quantum computing capabilities are projected to advance rapidly, potentially disrupting the cryptocurrency market by 2028-2030 [8][10].

Core Viewpoint - A class action lawsuit has been filed against Quantum Corporation (QMCO) for allegedly making false statements and failing to disclose improper revenue recognition, leading to the need for restating financial statements [3][7]. Allegation Details - The lawsuit claims that Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025 [3]. - As a result of this improper recognition, Quantum will need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024 [3]. - The defendants' statements regarding the company's business, operations, and prospects were materially false and misleading [3]. Next Steps - Investors who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered losses are encouraged to contact the law firm for more information and to discuss their rights [4][7]. - The deadline for investors to apply to be appointed as lead plaintiff in the lawsuit is November 3, 2025 [7]. About the Law Firm - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents individual and institutional investors in complex litigation [5]. - The firm has offices in New York, California, and South Carolina and handles cases in state and federal courts across the country [5].