Core Insights - Quantum Computing Inc. (QCi) has successfully shipped its first commercial entangled photon source to a leading research institution in South Korea, marking a significant milestone in the company's transition of proprietary quantum technologies to commercial markets [1][4] Product Details - The entangled photon source is a broadband, standalone device built on Spontaneous Parametric Down-Conversion (SPDC) using a periodically-poled, bulk format lithium niobate (PPLN) structure, designed for stability and compatibility with existing fiber optics infrastructure [2] - It operates in the C-band telecommunication range and integrates seamlessly into research environments focused on advancing quantum communication protocols [2] Strategic Importance - The entangled photon sources are integral to QCi's quantum cybersecurity platform, which received the Edison Award in 2024, highlighting the technology's recognition and potential impact [3] - The shipment to Korea demonstrates the execution of QCi's strategy in servicing the versatile quantum market and reflects growing market interest in integrated quantum systems [4] Future Developments - QCi plans to further miniaturize and enhance future generations of entangled photon sources using thin-film lithium niobate (TFLN) technology at its U.S.-based foundry, indicating a commitment to innovation and scalability in quantum technologies [3]

Vancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown" or the "Company") a leading innovator in AI-driven developer solutions, is pleased to that its wholly owned subsidiary, Railtown AI Tool Corporation, has entered into a licensing agreement with Quantum.IQ AI Technologies Inc. ("Quantum.IQ"). This marks the beginning of a strategic partnership aimed at expanding Railtown's Application General Intelligence™ platform into the ra ...

Quantum computing is a hot topic in the market, and if it proves to be a viable technology over the next decade, it can really shake up the computing industry. However, pinpointing the winner of the quantum computing race is far from certain. No company has set itself apart from another as the go-to solution for quantum computing, so the field is wide open. Investing in quantum computing start-ups right now is akin to biotech investing -- either a company will succeed or it will fail. This all-or-nothing in ...

Core Viewpoint - Besra Gold Inc. is facing a critical vote regarding the removal of Dato' Lim Khong Soon from its board, with ISS recommending shareholders support this removal due to governance concerns and lack of strategic direction from Quantum Metal Recovery Inc. [1][2][6] Group 1: ISS Recommendations - ISS recommends shareholders vote for the removal of Dato' Lim Khong Soon from the board, citing governance failures and conflicts of interest [2][4] - ISS emphasizes that Quantum has not provided a compelling case for its proposed changes to the board composition and lacks a strategic plan for delivering value [5][6] Group 2: Shareholder Voting Urgency - Shareholders are urged to vote before the CDI voting deadline on June 18, 2025, at 11:30 a.m. Sydney time [1][7] - A special meeting for shareholders is scheduled for June 24, 2025, at the offices of Hall Chadwick in Sydney [7] Group 3: Governance Concerns - The removal of Dato' Lim is seen as a necessary step to address significant governance failures and to enhance the company's stability and transparency [2][6] - The current independent directors are recommended to remain in their positions, with ISS advising against their removal [4][5]

Group 1: Quantum Computing Industry Overview - Quantum computing presents unique challenges due to its reliance on qubits, which can store values between zero and one, making it exponentially faster than traditional computers [1] - The industry faces limitations as many quantum computing companies struggle to generate sufficient revenues, leading to difficulties in maintaining stock gains [2] - Pure-play quantum computing companies often depend on government contracts, which do not cover their operating expenses, making them less attractive investments [6][9] Group 2: Alphabet's Position in Quantum Computing - Alphabet (Google's parent company) is highlighted as an attractive investment in the quantum computing space despite not currently generating revenue from this technology [4][14] - The company reported over $90 billion in revenue in Q1 2025, primarily from digital advertising and Google Cloud, raising questions about its focus on quantum computing [5] - Alphabet has significant liquidity of $95.7 billion and $19 billion in free cash flow in Q1 2025, allowing it to invest in quantum computing initiatives [10] Group 3: Development of Quantum Technology - Alphabet has developed the Willow quantum computing chip, which completed a benchmark computation in under five minutes, a task that would take traditional supercomputers 10 septillion years [11] - The Willow chip also addresses error rates, a significant challenge in the industry, by reducing errors as the number of qubits increases [12] - Continuous investment in improving the Willow chip positions Alphabet competitively in the quantum space, preparing it for future applications of the technology [13][16]

Core Viewpoint - D-Wave Quantum's shares have fallen nearly 15% following the announcement of an at-the-market stock offering to raise up to $400 million, despite positive developments in the quantum computing sector [1][2][5]. Group 1: Stock Performance - D-Wave's stock has experienced a significant increase of 1,268% over the past year, currently trading at 191 times forward sales [6]. - The stock has been trading lower, with a decline of 4.44% noted on the last trading day [1]. Group 2: Capital Raising and Financial Position - The ATM stock offering will allow D-Wave to issue new shares, which could be dilutive to existing shareholders [2]. - As of March 31, D-Wave reported sufficient cash balances to fund operations until profitability, with plans to use proceeds from the offering for general corporate purposes, including capital expenditures and business expansion [4]. Group 3: Industry Context - The announcement of D-Wave's capital raise is seen as disappointing, especially during a week when Nvidia's CEO highlighted the potential of quantum computing, which positively impacted other stocks in the sector [5].

Group 1 - Quantum computing has emerged as a strong investment theme over the past year, with expectations for continued growth [1] - The excitement in the sector was initially driven by Alphabet's announcement of Willow, a high-performance computing chip [1] - Investors have shown significant interest, leading to substantial stock price increases for companies like Rigetti Computing (RGTI) and D-Wave Quantum (QBTS) [2][10] Group 2 - Rigetti Computing (RGTI) is a pioneer in full-stack quantum computing, operating quantum computers over the cloud since 2017 and serving various clients through its Quantum Cloud Services platform [4] - RGTI's shares increased significantly after securing important government-funded projects in the U.S. and U.K. [4] - D-Wave Quantum (QBTS) is recognized as a leader in quantum computing systems and was the first commercial supplier of quantum computers, providing applications across various industries [5][10] Group 3 - The technology from D-Wave has been utilized by major organizations, including Mastercard and Lockheed Martin, showcasing its practical applications [6] - Both RGTI and QBTS are considered strong options for investors seeking exposure to quantum computing [8][10] - The trend in quantum computing is expected to remain robust as companies continue to explore and unlock the technology's potential [10]

Core Viewpoint - Quantum computing stocks remain highly volatile, with companies like Rigetti Computing and IonQ experiencing significant price fluctuations, including a 70% drop for Rigetti shortly after reaching an all-time high [1][2]. Company Analysis - Rigetti Computing reached a new all-time high at the end of 2024 but fell 70% in early 2025, currently down about 40% from that peak [1] - IonQ has also faced volatility but not to the same extent as Rigetti [1] - Both companies rely on external funding, issuing shares and taking on debt to sustain operations until they can demonstrate quantum computing's practical relevance [4] - Rigetti is currently raising capital by issuing stock to generate $350 million, which will bolster its financial position and allow for more aggressive investment in quantum capabilities [7] Financial Metrics - IonQ has approximately 16 quarters of cash remaining, while Rigetti has about 13 quarters left [7] - Free cash flow (FCF) is a critical metric for understanding cash burn, as it reflects operating cash flow minus capital expenditures [5] Market Outlook - Both companies anticipate that 2030 will be a pivotal year for quantum computing, with IonQ expecting profitability and Rigetti predicting significant market expansion [8] - They compete not only against each other but also against major tech companies like Alphabet and Microsoft, which have the financial resources to invest heavily in quantum computing [8][9] Competitive Positioning - IonQ has achieved a 99.9% fidelity in 2-qubit gate accuracy, while Rigetti stands at 99.5%, indicating IonQ's slight edge in performance [10] - The companies employ different technologies, with Rigetti using superconducting technology and IonQ utilizing trapped ions, which may present inherent risks in their respective approaches [11] Investment Strategy - A diversified investment approach is recommended, suggesting that holding a mix of quantum computing stocks, including Rigetti, IonQ, Alphabet, and Microsoft, may yield better long-term results than focusing on a single company [12]

Core Viewpoint - Besra Gold Inc. has issued a statement addressing misleading claims made by Quantum Metal Recovery Inc., emphasizing that Quantum's actions could harm shareholder value and that Besra's independent directors are exploring legal options to counter these misrepresentations [1][2]. Group 1: Misrepresentations and Legal Actions - Quantum has allegedly made material misrepresentations regarding Besra's operations and the status of the Bau Gold Project, which is not yet a producing mine [3][4]. - The lawsuit initiated by Quantum claims that Besra's board has acted oppressively towards Quantum's interests, despite Quantum's nominees having significant representation on the board [4][6]. - Besra's independent directors are concerned about Quantum's attempts to remove them, which they believe could lead to irreversible damage to shareholder value [1][2]. Group 2: Financial Obligations and Project Delays - Quantum has failed to remit funds under the gold purchase agreement (GPA), with a payment of approximately US$9.83 million due in December 2023 not received, leading to legal action from other shareholders [9]. - The renewal of Besra's mining tenements has been delayed, impacting the development of the Bau Gold Project, although renewals were initiated in 2024 [9][10]. Group 3: Governance and Shareholder Meeting - The upcoming special meeting of shareholders is scheduled for June 24, 2025, where critical decisions regarding board composition and governance will be made [2][22]. - Besra's independent directors are urging shareholders to vote against Quantum's nominees and to support the removal of Dato' Lim Khong Soon from the board [21][27]. Group 4: Quantum's Compliance Issues - Quantum has been accused of disregarding corporate and securities laws, including failing to comply with insider reporting obligations despite owning approximately 29.88% of Besra's voting securities [14][16]. - The Securities Commission of Malaysia has previously directed Quantum to cease offering its securities to the public due to legal violations [14].

Core Insights - Rigetti Computing (RGTI) is advancing its superconducting quantum hardware roadmap with the Ankaa-3 system, featuring 84 qubits and a median iSWAP fidelity of 99% [1][6] - The company plans to release a 36-qubit multi-chip module by mid-2025, followed by a 100+ qubit system by year-end, aiming for 99.5% fidelity [2][6] - Rigetti's collaborations with Qruise, Riverlane, and Quanta indicate a strategic approach to building a scalable quantum ecosystem [2][6] Company Developments - The Ankaa-3 system is designed for low-latency operations with fast gate speeds of 60-80 ns and a modular architecture [1][6] - Future plans include the Lyra processor, a 336-qubit system expected in 2026, which aims to demonstrate narrow quantum advantage [2] - Rigetti's stock has underperformed, losing 18% year-to-date compared to the industry's growth of 13.1% [5] Financial Performance - Rigetti's price-to-book ratio stands at 17.35, above the industry average, indicating a potentially overvalued stock [8] - The Zacks Consensus Estimate for Rigetti's 2025 earnings suggests an 86.1% increase from the previous year [10] - Current earnings estimates for 2025 indicate a loss of $0.05 per share, with a year-over-year growth estimate of 86.11% [11]