Core Insights - Krown Technologies and Quantum eMotion have successfully developed the Qastle Quantum-Safe Hot Wallet, marking a significant advancement in securing cryptocurrencies against current cyber threats and future quantum computing risks [1][3]. Group 1: Product Development - The Qastle Wallet integrates QeM's patented ultrafast Quantum Random Number Generator (QRNG) technology with Krown's blockchain security architecture, ensuring the generation of strong cryptographic keys resistant to both classical and quantum attacks [2]. - The wallet employs post-quantum encryption protocols, providing enhanced protection for digital assets during real-time transactions [2]. Group 2: Market Context - The global crypto wallet market was valued at USD 3.2 billion in 2024 and is projected to reach USD 33.6 billion by 2033, with a compound annual growth rate (CAGR) of nearly 30% [5]. - Hot wallets represent over half of this market, with revenues expected to grow from USD 1.5 billion in 2024 to over USD 5 billion by 2033, highlighting a significant opportunity for secure, quantum-safe solutions [5][6]. Group 3: Industry Challenges - Current blockchain networks rely on public key cryptography, which is vulnerable to quantum computing threats, necessitating a shift to quantum-safe encryption and true entropy generation to protect digital assets [4]. - Analysts warn of potential "harvest now, decrypt later" attacks, where encrypted data is captured today for future decryption when quantum computers become powerful enough [4].

Core Viewpoint - Quantum Computing Inc. has successfully entered into securities purchase agreements for an oversubscribed private placement, raising $500 million to support its growth initiatives and commercialization efforts [1][3]. Group 1: Offering Details - The private placement involves the sale of 26,867,276 shares of common stock, priced according to Nasdaq rules, and is expected to close around September 24, 2025 [1]. - The offering has attracted participation from large existing shareholders and a notable first-time investment from a global alternative asset manager [2][7]. - The total gross capital raised by the company since November 2024 will reach approximately $900 million following this offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes [2][3]. - The company aims to strengthen its financial position and execute its multi-year growth plan with the funds raised [3]. Group 3: Company Overview - Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, providing affordable quantum machines and photonic chip production services [5]. - The company's products are designed to operate at room temperature and low power, targeting high-performance computing, artificial intelligence, and cybersecurity applications [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to alleged misleading statements and improper revenue recognition, which have resulted in significant investor losses [4][6]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi 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]. - 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 [4]. Group 2: Financial Misconduct Allegations - The lawsuit claims that Quantum Corporation improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of previously filed financial statements for the fiscal third quarter ended December 31, 2024 [6]. - Quantum disclosed on June 30, 2025, that it would be unable to timely file its annual financial report due to a review of its accounting related to certain revenue contracts, leading to a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [7]. - On August 8, 2025, Quantum announced that its third quarter 2024 financial statements should no longer be relied upon due to material weaknesses in internal controls, resulting in a revenue decrease of approximately $3.9 million and a stock price decline of $0.14, or 1.79%, to $7.66 per share [9]. - Following the announcement of the CEO's resignation on August 18, 2025, Quantum's stock price fell by $0.61, or 8.2%, closing at $6.83 per share [10].

Core Insights - The quantum computing sector is poised for significant growth, potentially becoming mainstream by 2030, while AI remains the primary investment driver in the current market [1] - Companies like Alphabet and Microsoft are competing in both AI and quantum computing, setting a benchmark against traditional tech giants [2] - IonQ and D-Wave Quantum are highlighted as leading pure-play quantum computing companies, each employing unique methodologies that may provide competitive advantages [4] Company Approaches - IonQ employs a trapped-ion approach, which operates at room temperature, reducing costs and increasing accuracy compared to superconducting methods, holding multiple world records for quantum computing accuracy [5] - D-Wave Quantum utilizes a quantum annealing approach, focusing on finding optimal solutions for specific tasks, making it suitable for applications in statistics and logistics [6] Integration with AI - Both IonQ and D-Wave Quantum are integrating their quantum solutions with AI, enhancing existing large language models and improving performance while reducing energy costs [7] - The hybrid approach of using quantum computing to augment traditional computing is being pursued by both companies, with Nvidia also evolving its CUDA software to include quantum computing capabilities [8][9] Nvidia's Position - Nvidia is not developing a quantum processing unit but is adapting its existing GPU technology to incorporate quantum computing, ensuring its relevance in hybrid computing applications [10] - Despite being classified as a traditional tech company, Nvidia's unique position in the market and its focus on GPU sales to major tech firms position it well for future growth, especially as quantum computing matures [11]

Core Viewpoint - Quantum computing is emerging as a significant investment trend, with varying approaches represented by IonQ and Alphabet [1][2] Company Comparison - IonQ has a market cap of $17 billion, while Alphabet is significantly larger at $2.9 trillion [5] - IonQ's revenue in Q2 was $21 million, which is only 0.0218% of Alphabet's $96.4 billion revenue during the same period [6] - IonQ trades at 242 times sales, whereas Alphabet trades at about 8 times sales, indicating a higher market expectation for IonQ's future growth [7][9] Investment Strategy - Investors face a choice between high-risk, high-reward investments like IonQ and safer, more stable options like Alphabet [2][10] - A balanced investment approach is suggested, allocating no more than 1% of a portfolio to IonQ while investing in Alphabet to mitigate risk [12]

Core Viewpoint - The quantum computing sector in the US stock market experienced a significant rally, driven by the announcement of a joint US-UK benchmarking working group aimed at accelerating advancements in quantum computing standards [1] Group 1: Market Reaction - Quantum computing stocks surged, with Quantum Computing (QUBT.US) rising by 21%, Rigetti Computing (RGTI.US) increasing by over 9%, and IonQ Inc gaining more than 4% [1] - The most notable increase was seen in Quantum Machines (QMCO.US), which jumped over 34% [1] Group 2: Strategic Developments - The US and UK announced the formation of a benchmarking working group on September 18, focusing on hardware, software, and algorithm testing in quantum computing [1] - This initiative is viewed as a crucial step towards the practical application of quantum computing and aims to enhance collaboration in technology standard-setting between the two nations [1]

Core Insights - WiMi Hologram Cloud Inc. has announced the development of a Scalable Quantum Neural Network (SQNN) technology [1] Company Overview - WiMi is recognized as a leading global provider of Hologram Augmented Reality (AR) technology [1]

Core Insights - Quantum Computing Inc. (QCi) is enhancing its collaboration with strategic government partners, recently securing a subcontract with NASA valued at up to $406,478 to support its Langley Research Center [1][8] - The company is also awarded a contract by the National Institute of Standards and Technology (NIST) for the design and fabrication of thin-film lithium niobate photonic integrated circuits, marking its first direct government contract in this area [3][4] Government Contracts - QCi will utilize its Dirac-3 quantum computer to develop techniques for removing solar noise from space-based LIDAR data, which has historically hindered NASA's daytime atmospheric sensing capabilities [2] - The NIST contract focuses on delivering mission-critical photonic components, emphasizing low optical-loss waveguides, high-performance modulators, and narrow-band filters [3] Market Performance - QCi's shares have experienced a significant increase of 2642% over the past year, greatly surpassing the industry's growth of 42.3% and the S&P 500's growth of 19.6% during the same period [7][8] Valuation Metrics - The current forward 12-month Price-to-Sales (P/S) ratio for QCi stands at 2414.60X, which is substantially higher than the industry average of 5.51X [9]

Core Insights - Quantum computing is emerging as a significant investment trend, expected to gain momentum by 2030, making early investments crucial to avoid missing out on substantial returns [2][3] Group 1: Investment Opportunities - Companies like IonQ and D-Wave Quantum are identified as pure-play investments focused solely on developing quantum computing technologies, with market caps of $16.5 billion and $6.1 billion respectively, indicating potential for significant growth [5][6] - IonQ utilizes a trapped ion approach, which allows for cost-effective and accurate quantum computing without the need for extreme cooling, positioning it favorably in the market [8] - D-Wave is developing a quantum annealing platform, which excels in optimization problems, making it suitable for various applications like logistics and statistical modeling [9] Group 2: Established Players - Legacy tech companies such as Microsoft and Alphabet are investing in quantum computing for their cloud divisions, aiming to reduce costs by developing in-house solutions rather than relying on third-party suppliers [11][12] - Both Microsoft and Alphabet have announced significant breakthroughs in quantum computing, leveraging their vast resources to potentially outpace smaller competitors like IonQ and D-Wave [12] Group 3: Balanced Investment Strategy - A diversified investment approach that includes both pure-play companies and established tech giants is recommended, as it allows investors to benefit from the growth potential of startups while also capitalizing on the stability of larger firms [14]

LOS ANGELES, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The original press release, distributed Thursday, September 18, 2025, incorrectly stated that Portnoy Law Firm had commenced an investigation into D-Wave Quantum Inc., in the headline and body of the release. The Portnoy Law Firm has commenced an investigation into Quantum Corporation concerning alleged securities fraud. The corrected release follows. The Portnoy Law Firm advises Quantum Corporation, (“Quantum” or the "Company") (NASDAQ: QMCO) investors that t ...