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Quantum eMotion Announces Brokered LIFE Financing of C$6,000,000
Newsfile· 2025-02-21 02:29
Core Viewpoint - Quantum eMotion Corp. is conducting a brokered private placement to raise C$6,000,000 through the issuance of 8,000,000 units at a price of C$0.75 per unit, aimed at enhancing its research and development efforts and commercialization initiatives [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$1.10 for three years [2]. - The closing of the offering is expected around February 24, 2025, subject to regulatory approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate research and development, expand the R&D team, hire staff for commercialization, and cover general working capital needs [3]. Group 3: Agent Compensation - Agents involved in the offering will receive a cash fee of 6.5% of the gross proceeds and non-transferable warrants representing 5.0% of the total units issued, with each warrant allowing the purchase of a common share at C$0.88 for 30 months [7]. Group 4: Company Overview - Quantum eMotion Corp. focuses on providing affordable hardware and software security solutions for connected devices, leveraging its patented Quantum Random Number Generator for enhanced cybersecurity [9]. - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Government Networks, and Quantum Cryptography [10].
Scope Technologies Unveils AI-Enhanced Quantum Preparedness Assessment (QPA) with Full Risk Management Framework Integration
Prnewswire· 2025-02-20 13:30
Core Insights - Scope Technologies Corp. has announced a significant advancement in its Quantum Preparedness Assessment (QPA) product, which is now fully integrated with an industry-standard Risk Management Framework (RMF) [1][5] - The enhanced QPA utilizes AI-driven automation to help organizations assess and prepare for quantum security threats more efficiently and accurately [1][3] Industry Context - The rapid advancement of quantum computing poses increasing risks to traditional encryption methods, making them vulnerable to "Harvest Now, Decrypt Later" (HNDL) attacks [2] - Breakthroughs in quantum computing technology, such as Google's Willow chip and Microsoft's Majorana 1 processor, highlight the urgency for businesses to understand their exposure to quantum threats [2] Product Features - The AI-powered QPA tool streamlines the quantum risk evaluation process, providing actionable insights for businesses to protect their critical data and infrastructure without significant investment [3][4] - Key enhancements of the QPA include full RMF integration, AI-powered automation, and a streamlined questionnaire system tailored to organizational needs [9] Market Availability - The enhanced QPA is now available for businesses across various industries, including financial services, healthcare, and government agencies, ensuring they are equipped to implement quantum-resistant security solutions [6]
RETRANSMISSION: Krown Technologies Announces Excalibur - World's First Quantum-Secured Crypto Cold Wallet Powered by Quantum eMotion
Newsfile· 2025-02-20 12:00
Core Insights - Krown Technologies has launched Excalibur, the world's first quantum-secured crypto cold wallet, utilizing Quantum eMotion's QRNG technology, enhancing digital asset security significantly [1][4][5] Product Features - Excalibur is designed to protect digital assets from advanced cyber threats, including those from quantum computing, and is compact, similar in size to a thumb drive [2][6] - The wallet employs quantum randomness for cryptographic security, ensuring unpredictable private keys [6] Collaboration and Licensing - Krown Technologies has secured a five-year, non-exclusive global license to integrate Quantum eMotion's QRNG technology into blockchain applications, with a revenue-sharing model for commercialization [3][5] Market Impact - The introduction of Excalibur is expected to reduce monetary loss risk by up to 98% compared to traditional cold wallets, addressing the growing demand for enhanced crypto security [5] Availability and Community Engagement - Krown Technologies is finalizing the design of Excalibur, with prototype testing to begin soon, and is currently conducting an ICO Pre-Sale for Krown Coin [7][8] Company Background - Krown Technologies aims to revolutionize the crypto industry with quantum-enhanced security and a comprehensive blockchain ecosystem [9] - Quantum eMotion focuses on providing affordable security solutions for connected devices, leveraging its patented Quantum Random Number Generator [10]
One Incredible Artificial Intelligence (AI) Quantum Computing Stock to Buy Before it Surges 23%, According to Wall Street Analysts
The Motley Fool· 2025-02-20 11:25
Core Insights - Quantum computing is emerging as a significant opportunity within the artificial intelligence (AI) market, with small-cap stocks like Rigetti Computing, D-Wave Quantum, and IonQ gaining attention for their advancements in this field [1][2] - Despite the excitement, many quantum computing companies are still in development stages, generating minimal revenue and incurring substantial cash burn [2] - Nvidia is positioned to play a crucial role in the quantum computing landscape, leveraging its existing strengths in AI and GPU technology [3][6] Company Overview - Nvidia is central to the AI movement, known for its powerful graphics processing units (GPUs) that support various AI applications, including large language models and machine learning protocols [4] - The company also has a robust software platform, CUDA, which enhances the performance of its GPUs and is integral to its competitive advantage in the AI sector [5] - Nvidia is now expanding its capabilities into quantum computing with a new architecture called CUDA-Q, designed for supercomputing and quantum mechanics [8] Market Position and Valuation - Nvidia's CEO, Jensen Huang, predicts that commercially viable quantum computing applications may take up to 20 years to materialize, which could be beneficial for Nvidia as it develops its quantum computing strategy [7] - The CUDA-Q architecture could become a significant growth driver for Nvidia, allowing the company to lock in customers with its integrated hardware and software solutions [9] - Nvidia's stock has experienced volatility, with a recent drop of 15%, erasing nearly $600 billion in market value due to competition concerns from a rival AI platform, DeepSeek [10] - Despite these challenges, Nvidia's stock has rebounded as fears surrounding DeepSeek have lessened, and major tech companies continue to invest heavily in AI infrastructure [11] Financial Metrics - Nvidia currently trades at a forward price-to-earnings (P/E) multiple of 31 and a price to free cash flow (P/FCF) ratio of 61, which are considered reasonable compared to historical averages [12] - Wall Street's consensus price target for Nvidia is $123 per share, indicating a potential upside of at least 23% from current levels [12] - Analysts maintain a strong consensus price target for Nvidia, reflecting confidence in its long-term prospects despite short-term volatility [13] Long-term Outlook - Nvidia is viewed as a strong buy, with expectations that CUDA-Q will become a significant business segment, benefiting from the growth of quantum computing [14]
Krown Technologies Announces Excalibur - World's First Quantum-Secured Crypto Cold Wallet Powered by Quantum eMotion
Newsfile· 2025-02-20 08:00
Core Viewpoint - Krown Technologies has launched Excalibur, the world's first quantum-secured crypto cold wallet, utilizing Quantum eMotion's QRNG technology to enhance digital asset security against advanced cyber threats, including those from quantum computing [1][2][4]. Group 1: Product Features - Excalibur is designed to provide unbreakable cryptographic security, safeguarding digital assets in a compact form factor similar to a thumb drive [2][7]. - The wallet integrates true quantum randomness, ensuring unpredictable private keys, and is built to withstand current and future cybersecurity threats [7]. - It has demonstrated a reduction in monetary loss risk by up to 98% compared to traditional cold wallets, setting a new standard in cold storage security [5][7]. Group 2: Partnership and Business Model - Krown Technologies has secured a five-year, non-exclusive global license to integrate Quantum eMotion's QRNG technology into blockchain applications, collaborating on the commercialization of Excalibur under a revenue-sharing model [3][4]. - This partnership aims to advance secure digital asset storage, reflecting a mutual commitment to enhancing cybersecurity in the blockchain space [3][5]. Group 3: Market Context and Future Steps - With increasing concerns over crypto security, Excalibur addresses the need for enhanced protection, making it a significant innovation in the market [5]. - Krown Technologies is finalizing the design of Excalibur, with prototype testing expected to begin soon, and further details on launch and availability will be announced [8].
4 AI Stocks to Watch in the Quantum Computing Revolution
The Motley Fool· 2025-02-19 23:05
Following the stock market's record-breaking 2024, during which the S&P 500 index returned a spectacular 23%, there's optimism among investors for the bull market to deliver further gains in 2025.Amid a resilient economic backdrop and strong corporate earnings, a major investing theme has been the emergence of artificial intelligence (AI), which has already proven its ability to reshape various industries. Perhaps even more exciting are the recent breakthroughs in quantum computing that have moved this cutt ...
First Quantum Minerals Announces Pricing and Upsizing of Senior Notes Offering
GlobeNewswire News Room· 2025-02-19 21:34
Core Viewpoint - First Quantum Minerals Ltd. has successfully completed the pricing of its offering of $1,000 million aggregate principal amount of 8.000% senior notes due 2033, increasing the original offering amount from $750 million to $1,000 million [1][2]. Group 1: Offering Details - The issue price of the Notes is set at 100.000% [1]. - Interest on the Notes will accrue at a rate of 8.000% per annum, payable semi-annually [2]. - Settlement of the Notes is expected to occur on or about March 5, 2025, subject to customary conditions [2]. Group 2: Use of Proceeds - The Company plans to use the gross proceeds from the sale of the Notes, along with cash on the balance sheet, to repay a $250 million portion of its revolving credit facility [3]. - Additionally, the proceeds will fund a partial tender offer for its existing 6.875% senior notes due 2027 and cover transaction fees, costs, and expenses [3].
Why D-Wave Quantum Stock Is Skyrocketing Today
The Motley Fool· 2025-02-19 19:58
D-Wave Quantum (QBTS 13.66%) stock is surging higher Wednesday. The company's share price was up 13.6% as of 2:30 p.m. ET and had been up as much as 16.2% earlier in trading.D-Wave's valuation is climbing today after Microsoft unveiled its new quantum-computing chip. With today's gains, the quantum-computing specialist's stock is now up 292.5% over the last year.D-Wave stock soars as Microsoft touts quantum chip breakthroughMicrosoft took the wraps off its new quantum-computing chip today, and the unveiling ...
Quantum eMotion Secures $1M in Licensing Fees to Advance Quantum AI in Financial Technology
Newsfile· 2025-02-19 13:16
Quantum eMotion Secures $1M in Licensing Fees to Advance Quantum AI in Financial TechnologyFebruary 19, 2025 8:16 AM EST | Source: Quantum eMotion Corp.Montreal, Quebec--(Newsfile Corp. - February 19, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Corporation"), is delighted to announce a non-exclusive licensing agreement with Quantolio, a leading provider of AI-driven financial solutions. This strategic partnership grants Quantolio access to Quantum eMotio ...
ZenaTech's Quantum Computing “Sky Traffic” Project Demonstrates High Accuracy in Initial Testing Leading to Expansion of Team and AI Drone Applications for Commercial and Defense
GlobeNewswire News Room· 2025-02-19 12:30
VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces positive results from initial testing and an update on its Quantum Computing Sky Traffic project. An initial test using the Company’s AI algorithms and quantum computing to predict weather has resulted in a high level of a ...