VANCOUVER, BC, Aug. 15, 2024 /PRNewswire/ -- Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce the successful global deployment of its latest core module, the QSE Quantum Gateway. This pivotal rollout represents a significant milestone in Scope's mission to position businesses worldwide with cutting-edge quantum resilient entropy that drives security, scalability, and growth. The QSE Quantum Gateway has been designed to bridge the privacy and latency gap ...

Quantum Corporation (QMCO) reported a first-quarter fiscal 2025 non-GAAP loss of 9 cents per share, wider than the Zacks Consensus Estimate of a loss of 2 cents. The company incurred a loss of 4 cents per share in the year-ago quarter. QMCO generated revenues of $71.3 million, down 23% year over year. The top line missed the consensus mark by 0.9%. The decline in revenues is primarily attributed to lower contributions from hyperscale customers and reduced sales in tape media and royalty business. Management ...

Founding Membership: BTQ joins QuINSA as a founding member, collaborating with other international quantum technology leaders, including SKT, KT, LGU+, LG Electronics, POSCO, LIG NexOne, IDQ, Jin Infra, SDT, IBM, Qusecure, IQM , SemiQon, Quantum Machines, and AWS, to develop global standards for quantum communication, computing, and sensing. International Collaboration: QuINSA facilitates cooperation between experts, analyzes standardization trends, and collaborates with international bodies to promote indu ...

SEATTLE, Aug. 14, 2024 /PRNewswire/ -- Spectral Capital Corporation (OTCQB: FCCN) is excited to announce that its Chairman, Sean Michael Brehm, recently participated in an exclusive interview with Fast Company while traveling overseas to meet with investment firms and sovereign wealth funds. The interview, which delves into Spectral Capital's innovative Quantum Bridge Program, can be accessed here. During his travels, Brehm has been actively engaging with global investment leaders to educate them about the ...

Quantum Corporation (NASDAQ:QMCO) Q1 2025 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Brian Cabrera – Chief Administrative Officer Jamie Lerner – Chairman and Chief Executive Officer Ken Gianella – Chief Financial Officer Conference Call Participants Neal Chokshi – Northland Capital Markets Max Michaelis – Lake Street Capital Markets Operator Greetings, welcome to Quantum Corporation's First Quarter Fiscal Year 2025 Financial Results. At this time all participants are in a liste ...

Business Update Call Quantum. Your difference is in your data." Jamie Lerner Chairman and CEO Kenneth Gianella CFO August 13, 2024 Safe Harbor Statement and Use of Non-GAAP Financial Information © 2024 Quantum Corporation Safe Harbor Statement. Our presentation today contains forward-looking statements about the Company's plans, strategies, goals, target, and prospects including the company's cost reduction initiative and expected benefits of such initiative, capital structure and go-to-market strategies. W ...

Exhibit 99.1 Quantum. Quantum Reports Fiscal First Quarter 2025 Financial Results SAN JOSE, Calif. — August 13, 2024 — Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal first quarter 2025 ended June 30, 2024. Fiscal First Quarter 2025 Financial Summary • Revenue was $71.3 million • GAAP gross profit was $26.1 million, or 36.6% of revenue • GAAP net loss was $20.8 million, or ($0.22) per share ...

Quantum computers are a big deal because they can process billions of simple logic operations per second, light-years ahead of classical machines and computers. Regular computers use binary switches (ones and zeros) for their calculations. By contrast, quantum computers use qubits, which allow them to handle much more complicated tasks. Thanks to that speed, physicists are banking on quantum technology to help solve a ton of problems or dramatically improve daily processes, such as logistics and supply, dis ...

ROME, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Sparkle, the first international service provider in Italy and among the top global operators, announces the successful completion of a Network-as-a-Service Proof of Concept (PoC) on a quantum-safe Internet use case. Realized in collaboration with leading companies Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), Intel, Adtran, and also supported by Telsy, a TIM Group company specializing in cybersecurity, the trial was carried out on Sparkle's metropolitan fiber optic netwo ...

Imagine if years ago you got into quantum computing stocks and made loads of money from companies that are heavily invested in AI and quantum technology. You'd be sitting pretty! This doesn't mean you missed the boat, however. This rise of quantum technology has confirmed that the technology has real world utility and is being adopted worldwide. The National Quantum Initiative Act includes government spending to speed up the study and growth of quantum physics. The Department of Energy also set aside $24 mi ...