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Quantum Adds LTO-10 to Scalar Tape for Highest Capacity and Scale
ZACKS· 2025-05-30 14:51
Quantum Corporation (QMCO) has announced full support for LTO Ultrium Generation 10 full-height tape drives across its leading Scalar tape library platforms—including Scalar i7 RAPTOR, Scalar i6 and Scalar i6000. This advancement cements Quantum’s role at the forefront of scalable, cyber-resilient and cost-efficient archival storage solutions.What Does LTO-10 Offer?LTO-10 provides unmatched data density with native capacities of 30 TB per LTO-10 cartridge (up to 75 TB compressed at a 2.5:1 ratio). When comb ...
Quantum Critical Metals Advances Mineralogy and Metallurgy for James Bay Projects
Thenewswire· 2025-05-30 13:10
Vancouver, BC – TheNewswire - May 30, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce it has entered into a nondisclosure agreement with a specialized processing and hydrometallurgy laboratory to initiate metallurgical testing for its Discovery and NMX East projects, located in the Eeyou Istchee James Bay region of Québec.Key Developments: Significant Critical Metals Discoveries  A detailed reassessment of drill core assays ...
Quantum BioPharma Receives $2.35 Million USD from a Mutually-Agreed Global Legal Settlement with Dr. Raza Bokhari
GlobeNewswire News Room· 2025-05-30 11:00
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Quantum BioPharma Ltd. (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91) (“Quantum BioPharma” or the “Company”), announced today that the Company and Dr. Raza Bokhari, Company’s former Executive Chairman and Chief Executive Officer (CEO), have reached a global settlement agreement (the “agreement”) to settle all and any disputes originating out of the proxy contest originally commencing January 2021. Mr. Zeeshan Saeed, Co-Chairman & CEO, and Mr. Anthony Durkacz, Co-Chairman of ...
This Company's CEO Said It Wants to Become the Nvidia of Quantum Computing. Should You Buy the Stock Now?
The Motley Fool· 2025-05-30 08:55
It's a bold statement, but if he's right, the stock would generate life-changing investment returns.Nvidia (NVDA 3.23%) is arguably the face of the artificial intelligence (AI) industry. The stock has generated enormous investment returns because the company's AI accelerator chips became the overwhelming leader in an emerging market that has shown explosive growth over the past several years.In the search for the next emerging market, some are pointing to quantum computing as technology's next great frontie ...
Quantum Computing Inc. Set to Join Russell 2000® and Russell 3000® Indexes
Prnewswire· 2025-05-29 12:30
Core Viewpoint - Quantum Computing Inc. (QCi) is set to join the Russell 3000® Index and the Russell 2000® Index, effective June 30, 2025, marking a significant milestone in the company's growth and visibility among institutional investors [1][3]. Company Overview - Quantum Computing Inc. is an innovative company specializing in integrated photonics and quantum optics technology, providing accessible quantum machines and TFLN foundry services [4]. - The company's products are designed to operate at room temperature and low power, focusing on affordability and unique capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [4]. Industry Context - The Russell 3000 Index includes the largest 3,000 U.S. public companies by market capitalization, while the Russell 2000 Index is a subset focused on small-cap companies [2]. - As of June 2024, approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, which are widely utilized by investment managers and institutional investors [3].
Quantum Biopharma Licensee Celly Nutrition Retains Leading Audit Firm MNP LLP to Advance Capital Raise and Go-Public Readiness and Changes Name To Unbuzzd Wellness Inc.
GlobeNewswire News Room· 2025-05-29 11:30
Core Viewpoint - Quantum BioPharma Ltd. announces the hiring of MNP LLP for PCAOB audits of Unbuzzd Wellness Inc. in preparation for a potential IPO, following the resignation of the previous auditor [1][2][3] Group 1: Company Developments - Unbuzzd Wellness Inc. has changed its name from Celly Nutrition Corp. effective May 23, 2025, with new CUSIP and ISIN numbers assigned [4] - The company is a non-trading but fully reporting public issuer focused on wellness and recovery supplements, specifically the unbuzzd beverage that aids in alcohol metabolism [8][9] - Unbuzzd has been scientifically validated through a double-blind, randomized, placebo-controlled clinical trial, demonstrating its effectiveness in accelerating alcohol metabolism and reducing hangover symptoms [9] Group 2: Financial and Audit Information - MNP LLP, a PCAOB-registered audit firm, has been engaged to conduct audits for Unbuzzd Wellness Inc. to ensure compliance and readiness for a possible IPO [2][3] - The previous auditor, Stern & Lovrics LLP, resigned at the company's request, and MNP was appointed based on the audit committee's recommendation [1][3] - There were no reservations or modified opinions in the previous auditor's reports, indicating a clean audit history for the most recent financial year [3] Group 3: Leadership and Strategic Direction - John Duffy, CEO of Unbuzzd Wellness Inc., emphasizes the importance of MNP's engagement in adhering to industry standards and preparing for the IPO [3] - Gerry David, Board Co-Chair, highlights the completion of PCAOB audits as a crucial step in raising capital and considering an IPO [3] - Quantum BioPharma retains a 20.11% ownership stake in Unbuzzd Wellness Inc. and is entitled to royalty payments from unbuzzd sales until a total of $250 million is reached [6]
Jim Cramer Says This Quantum Computing Stock Is 'So High' And 'Too Speculative'
Benzinga· 2025-05-28 12:05
Group 1 - IonQ, Inc. is considered "too speculative" and is losing significant money, according to Jim Cramer [1] - IonQ formed a strategic partnership with the Korea Institute of Science and Technology Information to advance South Korea's quantum technology goals [1] - Oklo Inc. is viewed as being "five years behind" GE Vernova, leading to a preference for GE Vernova over Oklo [1] Group 2 - Valero Energy reported first-quarter sales of $30.26 billion, exceeding analyst expectations of $28.68 billion [2] - Cramer prefers Phillips over Valero Energy, suggesting Valero has already seen too much growth [2] - Verona Pharma is described as a "rocket ship" but is also highly speculative due to significant losses and insider selling [2] Group 3 - Centrus Energy reported better-than-expected first-quarter revenue results [3] - Cramer advises caution regarding Centrus Energy, recommending GE Vernova instead [3] Group 4 - Valero Energy shares increased by 1.7% to $130.71 [4] - IONQ shares rose by 5.1% to $48.04 [4] - Verona Pharma shares gained 0.7% to $75.61 [4] - Centrus Energy shares surged by 12.9% to $127.86 [4] - Oklo shares jumped by 10.3% to $53.90 [4]
How Our Expectational Analysis Nailed the Quantum Stock Surge
Schaeffers Investment Research· 2025-05-27 14:41
Core Insights - Quantum computing is emerging as a significant sector, with recent advancements indicating a shift towards general availability and increased investor interest [3][10] - Companies like D-Wave Quantum Inc and IonQ Inc are leading the charge, with IonQ's CEO comparing the company to Nvidia in the tech space [3][4] - The recent performance of quantum stocks, including a 56% increase for D-Wave and a 31% increase for IonQ, highlights the potential for substantial returns in this market [3][8] Company Developments - D-Wave Quantum Inc announced that its advanced quantum computer is now available for governments and research institutions, marking a milestone for the sector [3] - IonQ Inc's stock has seen significant growth, trading at $45.69 after being identified as a penny stock in 2022, showcasing its rapid ascent [3][8] - Rigetti Computing Inc has also gained attention, with a notable increase in stock price following a recommendation based on Expectational Analysis [4][8] Investment Strategies - The Grand Slam Countdown service recommends out-of-the-money vertical debit spreads on stocks expected to move strongly, utilizing a combination of technical, sentiment, and fundamental analysis [5] - Rigetti's stock had a significant short interest, with 24% of its float sold short, indicating potential for a short squeeze and price increase [7] - A recent trade involving Rigetti resulted in a 300% profit for subscribers within four trading days, demonstrating the effectiveness of the trading strategy [8] Market Conditions - The quantum computing sector is currently in an 'overbought' territory, suggesting that while the technology has long-term potential, short-term sustainability may be challenging [10] - The market's recent volatility and corrections indicate a need for cautious optimism among investors in the quantum computing space [10][11]
Quantum Stocks Skyrocket, Led by IonQ's NVIDIA Declaration
MarketBeat· 2025-05-27 13:47
Core Viewpoint - Quantum computing stocks have experienced significant volatility, with notable price increases on May 22, particularly for IonQ, Rigetti Computing, D-Wave Quantum, Quantum Computing, and Quantum-Si [1][2][3] Group 1: Stock Performance - All five quantum computing stocks rose by at least 14% on May 22, and as of May 23, they are up at least 60% over the past month [2] - IonQ shares rose over 36% on the same day, contributing significantly to the overall market capitalization increase of over $3 billion [3][5] - Despite the recent gains, three of these stocks remain down in 2025 overall, highlighting the volatility in the sector [2] Group 2: Market Capitalization and Revenue - The combined market capitalization of these five quantum computing stocks exceeded $23 billion as of May 23 [3] - Over the last 12 months, these companies generated approximately $77 million in revenue, with a free cash flow of -$365 million, indicating the early stage of the industry [2] Group 3: IonQ's Vision and Industry Impact - IonQ's CEO compared the company's future potential to that of NVIDIA, suggesting aspirations to become a leader in the quantum computing ecosystem [4][5] - The success of IonQ is expected to positively influence other quantum firms, similar to how NVIDIA's success has benefited companies like Arista Networks [8][10] Group 4: Market Sentiment and Short Interest - The high short interest in quantum stocks reflects both bearish sentiment and the potential for significant long-term growth in the sector [12][13] - Quantum-Si has the lowest short interest at just over 12%, while Rigetti Computing has a short interest of 23% [12][13]
RETRANSMISSION: Quantum eMotion Finalizes QRNG Hybrid Chip Design, Commences Manufacturing with TSMC
Newsfile· 2025-05-27 13:29
Core Insights - Quantum eMotion Corp. has successfully completed and validated its first-generation Quantum Random Number Generator (QRNG) chip design, which is now in fabrication with TSMC [1][2] - The QRNG chip utilizes quantum electron tunneling to produce random bits at speeds exceeding 1 Gbit/sec, making it suitable for cybersecurity applications [3][4] - The global QRNG chip market is projected to grow from approximately USD 150 million in 2024 to USD 2 billion by 2033, with a CAGR of 34.5% from 2026 to 2033 [5] Company Developments - The finalized QRNG chip design has passed all simulations and lab tests, confirming its capability for high-speed random number generation [2] - The chip integrates an ultra-low-noise wideband amplifier and a high-precision analog-to-digital converter, validated by academic teams [3] - The company aims to enhance digital security against emerging quantum threats through its patented QRNG technology [5][6] Market Potential - The QRNG chip is targeted at various sectors, including Financial Services, Healthcare, Blockchain Applications, and Cloud-Based IT Security Infrastructure [8] - The increasing demand for affordable hardware and software security solutions for connected devices positions Quantum eMotion as a pioneering force in the cybersecurity market [6]