Core Insights - Rigetti Computing has secured a three-year, $5.8 million contract from the U.S. Air Force Research Laboratory to advance superconducting quantum networking, marking a significant government win for the company [1][7] - The collaboration with Dutch startup QphoX aims to address the challenge of linking superconducting qubits over long distances, potentially enabling distributed quantum computing and secure quantum communication [1][2] - The AFRL deal enhances Rigetti's credibility in obtaining high-value government contracts, providing funding stability and pathways for early adoption of quantum systems [2][3] Financial Position - Rigetti has over $425 million in cash reserves and no debt, allowing for aggressive investment in multi-generation processor development while leveraging government-backed projects to offset R&D costs [2] - The integration of QphoX's technology could accelerate Rigetti's commercialization prospects by demonstrating interoperability with emerging telecom-based quantum local area networks [2] Industry Context - The award to Rigetti indicates that its growth narrative is being validated by institutional partners interested in operational quantum systems, moving beyond laboratory breakthroughs [3] - D-Wave Quantum has recently seen stock momentum with new 52-week highs and increased bookings in the Asia-Pacific region, focusing on optimization use cases [4] - Quantum Computing Inc. has announced a $500 million private placement to enhance its cash reserves to approximately $850 million, aimed at accelerating commercialization and supporting strategic acquisitions [5][6]

Core Insights - Quantum computing has emerged as a highly promising subsector, with companies like Rigetti Computing experiencing significant stock price increases, notably a 3,700% rise over the past year [2] - There is ongoing debate regarding the commercialization potential of quantum computing technology, despite increasing interest from major investors and hedge funds [2][3] Industry Overview - Quantum computers utilize qubits, which can represent values beyond traditional binary systems, making them suitable for complex problem-solving in fields such as medical research, financial modeling, and cryptography [4] - Researchers believe that quantum computers could surpass the capabilities of current supercomputers for specialized tasks, potentially addressing major societal challenges, including those in finance [5] Company Highlights - Rigetti Computing is a leading player in quantum computer development, achieving a median 2-qubit gate fidelity of 99.5% with its 36-qubit system, and plans to release a 100-qubit system by the end of 2025 [6] - The U.S. government is showing increased support for quantum commercialization, as evidenced by a $5.8 million contract awarded to Rigetti by the Air Force Research Laboratory [7] - Analyst Craig Ellis from B. Riley Financial has reiterated a buy rating for Rigetti, raising the price target to $35 per share, reflecting a positive shift in sentiment towards quantum technology with business value [8] Investor Activity - Notable hedge funds have increased their positions in Rigetti, with Citadel Advisers raising its stake by over 50%, Tudor Investment purchasing over 900,000 shares, and Two Sigma Investments increasing its position by 183% [10] - While following hedge fund activity can provide investment insights, it is important to recognize the potential risks and the short-term nature of hedge fund trading strategies [9][11] Financial Considerations - Rigetti's market capitalization stands at $9.6 billion, with minimal revenue generation and a path towards breaking even, indicating challenges in achieving large-scale commercial success [12] - The potential for Rigetti's technology is significant, but any setbacks in commercialization could lead to sharp declines in stock value [13]

Core Insights - Quantum computing represents a high-risk, high-reward investment opportunity, potentially surpassing the impact of artificial intelligence [1] - The combination of quantum computing and AI is projected to generate over $1 trillion in economic value by 2035 [2] Company Analysis: International Business Machines (IBM) - IBM is transitioning from its traditional mainframe and enterprise software business to become a leader in quantum computing, achieving a significant milestone with the deployment of IBM Quantum System Two in Japan [3] - The company has accumulated nearly $1 billion in bookings for its quantum business from 2017 to early 2025, indicating a shift from research to monetization [4] - IBM aims to demonstrate quantum advantage by 2026 and plans to reveal the first error-corrected quantum computer by 2028, with a goal of building a large-scale, fault-tolerant quantum computer by 2029 [5] - The open-source quantum computing software ecosystem, Qiskit, is designed to create a loyal customer base and facilitate practical quantum applications [6] - In Q2 of fiscal 2025, IBM reported $17 billion in revenue (5% year-over-year increase) and $2.80 in non-GAAP earnings per share (15% year-over-year increase), with $4.8 billion in free cash flow [7] - The hybrid infrastructure business, particularly the IBM Z platform, saw a revenue increase of 67% year-over-year, driven by hybrid cloud architecture adoption for AI workloads [8] - IBM's forward P/E ratio is 21.9, significantly lower than its five-year average of 38.7, making it an attractive investment option [9] Company Analysis: IonQ - IonQ is a pure-play quantum hardware company utilizing trapped-ion qubits, which are believed to offer cost and power advantages over superconducting qubits [11][12] - The trapped-ion system provides more stable qubits, reducing error rates, and IonQ is experiencing commercial success through partnerships with organizations like AIST G-QuAT and KISTI [13][14] - In Q2 of fiscal 2025, IonQ's revenues increased by 81.8% year-over-year to $20.7 million, exceeding revenue guidance [15] - IonQ has a strong balance sheet with $1.6 billion in pro forma cash following a $1 billion equity raise, and it expects fiscal 2025 revenues between $82 million and $100 million [15] - The company aims to achieve 800 logical qubits by 2027 and 80,000 by 2030, indicating rapid progress in addressing commercial challenges across various industries [16] - Despite facing execution risks and not yet being profitable, IonQ offers significant upside potential in the quantum computing space, albeit with a high price-to-sales ratio of over 380x [17]

Core Points - Rosen Law Firm is reminding purchasers of Quantum Corporation securities about a class action lawsuit with a lead plaintiff deadline of November 3, 2025 [1][3] - Investors who purchased Quantum Corporation securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] Case Details - The lawsuit alleges that Quantum Corporation made false or misleading statements and failed to disclose that it improperly recognized revenue for the fiscal year ended March 31, 2025, necessitating a restatement of financial statements for the fiscal third quarter ended December 31, 2024 [5] - The lawsuit claims that these misstatements led to material inaccuracies regarding the company's business, operations, and prospects, resulting in investor damages when the truth was revealed [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions, as many firms may not have the necessary experience or resources [4] - The Rosen Law Firm has a history of significant recoveries for investors, including over $438 million in 2019 alone, and has been recognized for its leadership in securities class action settlements [4]

Core Viewpoint - MicroCloud Hologram Inc. has proposed a quantum link efficiency optimization technology that enhances high-fidelity quantum transmission processes, marking a significant advancement in the field of quantum transmission [1][2]. Technology Development - The company integrates theories from quantum mechanics, information theory, and network science to study quantum state transmission characteristics and noise models, establishing a robust theoretical foundation for its technology [2]. - A novel quantum link architecture utilizing quantum entanglement and quantum teleportation is introduced, allowing for rapid transmission of quantum information while minimizing loss and distortion [3]. Optimization Algorithms - An innovative quantum link optimization routing algorithm based on the quantum ant colony algorithm is proposed, which improves search efficiency by allowing a single ant to explore multiple paths simultaneously through the use of qubit superposition and entanglement [4][5]. - This algorithm enhances global optimization capabilities, enabling quick identification of optimal quantum transmission paths in complex quantum network environments [5]. Practical Applications - The technology can be applied to quantum key distribution, ensuring secure and rapid distribution of quantum keys among users by optimizing the routing strategy based on network topology and link state [6]. - In quantum computing, the technology improves the parallel processing capability and computational efficiency of quantum systems, facilitating the development and application of quantum computing technology [6]. Future Investments - The company plans to increase investment in quantum technology research, aiming to continuously refine its quantum link efficiency optimization technology and explore integration with emerging technologies such as artificial intelligence, big data, and blockchain [7]. - MicroCloud intends to invest over $400 million in cutting-edge technology sectors, including quantum computing, quantum holography, and related developments in artificial intelligence and augmented reality [9].

Core Viewpoint - WiMi Hologram Cloud Inc. has launched a quantum-assisted unsupervised data clustering technology that integrates quantum computing with neural networks, specifically the Self-Organizing Map (SOM), to enhance data analysis efficiency and accuracy [1][12]. Technology Overview - The new technology combines quantum computing's capabilities with classical neural network methods to optimize data clustering tasks, significantly reducing computational complexity and resource consumption [5][11]. - Traditional unsupervised clustering algorithms face challenges such as high computational complexity and inefficiency in handling large-scale data, which this new technology aims to address [2][4]. Quantum-Assisted Methodology - WiMi's approach utilizes quantum amplitude estimation algorithms to accelerate the computation of distances between sample points and neurons, improving the speed of identifying the Best Matching Unit (BMU) [7][8]. - The technology introduces quantum-assisted modules into the SOM computation process, allowing for parallel processing and reducing the number of iterations required for clustering [10][12]. Performance Enhancements - The hybrid quantum-classical optimization strategy ensures stability in weight adjustments while leveraging quantum computing for accelerated computations [9][10]. - This technology is expected to outperform traditional SOM methods on large-scale datasets, demonstrating significant advantages in computational efficiency and clustering accuracy [11][12]. Future Applications - As quantum computing advances, this technology is anticipated to extend to more complex machine learning tasks, including reinforcement learning and anomaly detection, thereby enhancing data mining and pattern recognition capabilities [13][14]. - The integration of quantum computing in artificial intelligence applications is expected to drive improvements in various fields such as financial analysis and bioinformatics [14].

Core Insights - D-Wave Quantum's profits are driven by new technology and increasing customer adoption, with a strategic initiative for advanced cryogenic packaging formalized in July 2025 to enhance processor architectures and partnerships [1][7] - The company completed a $400 million at-the-market equity offering in July 2025, strengthening its financial position for acquisitions and capital expenditures [2][4] - D-Wave reported an 83% increase in bookings in the Asia Pacific region over the past 12 months, indicating strong demand and successful regional expansion [3][7] Financial Position - The $400 million equity offering executed at a strong average share price reflects investor confidence and provides a buffer for sustaining investments and absorbing short-term losses [4] - D-Wave's cash balance reached $819 million at the end of Q2 2025, positioning it with one of the strongest balance sheets among publicly held quantum firms [4] Market Expansion - D-Wave is enhancing its brand presence in the Asia Pacific, hosting its first Qubits Japan 2025 user conference to showcase customer success and technical updates [3][7] - The company is diversifying its commercial base and reducing regional concentration risk through prior successes in Europe and North America [3]

Accessibility StatementSkip Navigation BENSALEM, Pa., Sept. 30, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Quantum Corporation ("Quantum" or the "Company") (NASDAQ:Â QMCO). SOURCE Law Offices of Howard G. Smith WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN QUANTUM CORPORATION (QMCO), CONTACT THE LAW OFFICES OF HOWARD G. ...

Core Insights - Quantum Computing Inc. (QUBT) is focusing on long-term growth through its quantum computing systems and thin-film lithium niobate photonic chip foundry, with active participation in trade shows and conferences to engage with potential customers and partners [1][2] Company Developments - QUBT has started shipping products like the Quantum Photonic Vibrometer and entangled photon sources to various sectors, indicating a strong demand for its technology and opening pathways to larger markets such as secure communications and edge AI [2][3] - The new chip foundry in Tempe, AZ, is expected to scale revenues quickly, fulfilling pre-orders and anticipated to contribute financially within 12-18 months [3] - The company ended Q2 with $349 million in cash and equivalents, bolstered by $188 million from a private placement of common stock, enhancing its financial position and visibility through inclusion in the Russell 3000 and Russell 2000 indexes [4][8] Peer Updates - Rigetti Computing (RGTI) is enhancing its position in quantum computing with strategic initiatives and international expansion, including a partnership with India's C-DAC and the launch of a new four-chiplet system [5] - D-Wave Quantum (QBTS) is advancing its capabilities with the launch of Advantage2, its latest annealing quantum computer, and has formed partnerships to promote quantum computing in South Korea, ending Q2 with a significant cash balance of $819.3 million [6][7]

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Quantum Corporation To Contact Him Directly To Discuss Their Options If you suffered losses in Quantum Corporation between November 15, 2024 and August 18, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) ...