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Quantum eMotion Grants Stock Options to New COO of QeM America
Newsfile· 2025-10-06 20:56
Core Insights - Quantum eMotion Corp. has granted 300,000 stock options to John Young, the newly appointed Chief Operating Officer of QeM America, indicating the company's growth in the U.S. market [1][2] Company Overview - Quantum eMotion Corp. focuses on providing affordable hardware and software security solutions for connected devices, leveraging its patented Quantum Random Number Generator to enhance cybersecurity [3] - The company targets high-value sectors including Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks, Secure Device Keying (IOT, Automotive, Consumer Electronics), and Quantum Cryptography [4]
ROSEN, A LEADING LAW FIRM, Encourages Quantum Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - QMCO
Globenewswire· 2025-10-06 17:23
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Quantum Corporation securities between November 15, 2024, and August 18, 2025, about the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Quantum Corporation securities during the specified class period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by November 3, 2025 [3]. - The lawsuit alleges that Quantum Corporation made false or misleading statements regarding its revenue recognition and will need to restate its financial statements for the fiscal third quarter ended December 31, 2024 [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4]. - The firm has secured significant settlements for investors, including over $438 million in 2019 and has been consistently ranked among the top firms for securities class action settlements since 2013 [4].
STX vs. QMCO: Which Data-Storage Stock Deserves a Spot in Your Portfolio?
ZACKS· 2025-10-06 15:06
Core Insights - The global data storage market is projected to grow from $255.3 billion in 2025 to $774 billion by 2032, with a CAGR of 17.2%, driven by AI, cloud computing, and edge applications [1] - Seagate Technology Holdings plc (STX) and Quantum Corporation (QMCO) are positioned to benefit from the increasing demand for scalable and efficient data storage solutions [1][3] Seagate Technology Holdings plc (STX) - STX is advancing its growth through Heat-Assisted Magnetic Recording (HAMR) technology, which enhances areal density to meet storage demands from hyperscale data centers and AI applications [2] - The company anticipates that mass-capacity hard drives will be essential for efficiency and total cost of ownership (TCO) as enterprise storage demand grows alongside cloud trends [4] - Seagate is expanding its PMR 24–28TB platform and has achieved record quarterly sales for nearline products [5] - The company is focused on ramping up Mozaic 3+ drives and executing 4+TB per-disk HAMR drives to support cloud workloads [6] - Seagate aims to launch 5TB-per-disk technology by early 2028 and is working on demonstrating 10TB per disk [7] - Despite its strong market position, STX faces risks such as foreign exchange fluctuations, competition, and high indebtedness [9] - The company expects to resume share repurchases, indicating confidence in its profitability and cash flow for fiscal 2026 [10] Quantum Corporation (QMCO) - QMCO provides end-to-end data lifecycle management solutions, focusing on high-speed capture, secure backup, and long-term archiving [11] - The company is restructuring to align with growth trends in AI and data protection, enhancing its sales distribution and execution [12] - QMCO's flagship solutions, such as ActiveScale cold storage and Scalar i7 RAPTOR, are designed for high performance and scalability [14] - However, QMCO has experienced a decline in revenues, with an 11% year-over-year drop to $64.3 million, and reported a non-GAAP loss of $1.58 per share [16] - The company is facing challenges with high debt levels and increased inventory provisions impacting its bottom line [16] Performance and Valuation - Over the past year, STX has gained 138.2%, while QMCO has seen a 236% increase [17] - QMCO's forward 12-month price/sales ratio is 0.61X, significantly lower than STX's 5.16X [18] - The Zacks Consensus Estimate for STX's earnings for fiscal 2026 has been revised up to $10.52, while QMCO's estimate has been revised down to a loss of $2.17 [19][24] - STX holds a Zacks Rank 1 (Strong Buy), while QMCO has a Zacks Rank 4 (Sell), indicating a preference for STX at this time [25]
BTQ Technologies Welcomes Radical Semiconductor Founders as Full-Time Hires to Accelerate Post-Quantum Commercialization
Prnewswire· 2025-10-06 11:30
Core Insights - BTQ Technologies Corp has announced the full-time addition of Sean Hackett and Zach Belateche, co-founders of Radical Semiconductor, to enhance its capabilities in post-quantum cryptography [1][6] - The company aims to commercialize Radical's CASH (Cryptographically Agile Secure Hardware) technology, which is designed for post-quantum cryptography across various devices and critical infrastructure [2][6] Group 1: CASH Technology Overview - CASH is a memory-centric acceleration architecture that meets the computational demands of post-quantum cryptography, delivering up to one million digital signatures per second and up to five times faster AES performance [3][4][6] - The architecture supports current and next-generation standards, targeting sectors such as payments, IoT, identity, and telecommunications, positioning BTQ at the forefront of securing global infrastructure against quantum risks [4][6] Group 2: Leadership and Integration - Sean Hackett will lead silicon product development, while Zach Belateche will focus on hardware security, accelerating the commercialization of CASH and QCIM (Quantum Compute in Memory) [6][17] - CASH will be integrated into BTQ's QCIM platform as a crypto-agile engine, available as silicon IP, co-processor, and future chiplet configurations, facilitating migration to quantum-safe standards without disrupting customer workflows [10][12] Group 3: Performance and Applications - CASH utilizes processing-in-memory techniques to enhance performance and energy efficiency, making it suitable for a wide range of applications from IoT devices to data centers [7][8] - The architecture addresses limitations in current hardware security by providing high performance, physical security, and cryptographic agility simultaneously, which is critical for sectors like AI, defense, and digital payments [8][9][10] Group 4: Regulatory Alignment and Market Relevance - BTQ's roadmap aligns with U.S. policy on post-quantum cryptography, reinforcing the practicality of QCIM and CASH in regulated sectors such as energy, payments, telecommunications, and AI [13] - The integration of CASH into QCIM is expected to offer secure elements and system components that are faster, more power-efficient, and ready for migration to quantum-safe standards [12][13]
Quantum eMotion Engages Lightship Security for NIST FIPS 140-3 Validation of Its Quantum Crypto Module
Newsfile· 2025-10-06 11:28
Core Points - Quantum eMotion Corp. has engaged Lightship Security Inc. for FIPS 140-3 validation of its Quantum Crypto Module, marking a significant step towards NIST certification [1][3] - Lightship Security is an accredited laboratory recognized by NIST, known for its high success rate in certifying advanced cryptographic technologies [2][4] - FIPS 140-3 certification is essential for compliance with U.S. and Canadian cybersecurity standards, particularly for sectors like healthcare, finance, and defense [3] Company Overview - Quantum eMotion aims to meet the increasing demand for affordable security solutions for connected devices, leveraging its patented Quantum Random Number Generator technology [4][5] - The company targets high-value sectors including Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Classified Government Networks, and Quantum Cryptography [5]
QMCO INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Quantum Corporation
Globenewswire· 2025-10-06 03:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Quantum Corporation due to allegations of improper revenue recognition and subsequent financial restatements, which have led to significant stock price declines and investor losses [3][5][6]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi is encouraging investors who suffered losses in Quantum Corporation to contact them for discussing legal options, particularly regarding a federal securities class action with a deadline of November 3, 2025, to seek the role of lead plaintiff [3][10]. - The lawsuit claims that Quantum Corporation made false and misleading statements regarding its financial health, specifically related to revenue recognition for the fiscal year ending March 31, 2025, necessitating a restatement of financial statements [5][6]. Group 2: Financial Impact and Stock Performance - On June 30, 2025, Quantum disclosed it would be unable to file its annual financial report on time, leading to a stock price drop of $1.00, or 10.03%, closing at $8.97 per share [6]. - Following an announcement on August 8, 2025, regarding deficiencies in internal controls, Quantum's stock fell by $0.14, or 1.79%, to close at $7.66 per share [8]. - After the resignation of the CEO on August 18, 2025, Quantum's stock price further declined by $0.61, or 8.2%, closing at $6.83 per share [8]. Group 3: Company Background and Recovery Efforts - Faruqi & Faruqi, LLP has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995, indicating a strong track record in securities litigation [4]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Quantum Corporation's conduct to strengthen the case [10].
Quantum Computing Inc. Announces $750 Million Oversubscribed Private Placement of Common Stock Priced at the Market Under Nasdaq Rules
Prnewswire· 2025-10-06 03:17
Core Points - Quantum Computing Inc. (QCi) has entered into securities purchase agreements for the sale of 37,183,937 shares of common stock in a private placement, expected to generate gross proceeds of $750 million [1][2] - The company plans to use the net proceeds for commercialization, strategic acquisitions, production capabilities, and general corporate purposes [2] - Total capital raised since November 2024 is now $1.64 billion, positioning QCi with a strong balance sheet among publicly traded quantum computing companies [3][9] Financial Details - The offering is expected to close around October 8, 2025, subject to customary closing conditions [1] - Following the closing, QCi's pro-forma cash position is expected to be approximately $1.55 billion [9] Company Overview - QCi specializes in integrated photonics and quantum optics technology, providing quantum machines and foundry services for photonic chips [6] - The company's products are designed to operate at room temperature and low power, targeting high-performance computing, artificial intelligence, and cybersecurity applications [6]
Stock-Split Watch: Is Quantum Computing Next?
The Motley Fool· 2025-10-05 11:30
Core Insights - Quantum Computing stocks have seen significant interest and price increases in 2024 and 2025, with Quantum Computing (QCi) experiencing over 2,800% gains in one year as of October 1 [1] - QCi's market capitalization has grown from approximately $60 million to nearly $3 billion, raising speculation about a potential stock split [2] Stock Split Mechanism - A stock split involves increasing or decreasing the number of outstanding shares, which alters the share price but does not change the company's underlying value [3] - Companies can perform forward splits, which increase the number of shares and lower the share price, or reverse splits, which decrease the number of shares and raise the share price [4][5] - Forward splits are generally seen as positive, while reverse splits are often viewed negatively, as they are typically used to boost share prices and avoid delisting [6] QCi's Stock Split History - QCi has previously executed two reverse splits, in August 2007 (1-for-100) and July 2018 (1-for-200), but has not conducted a forward split [7] - Recently, QCi raised $500 million through a private placement, selling 26.9 million shares, which increases the number of shares in circulation and can lead to share dilution [8] Financial Performance - QCi's revenue is significantly lower than its peers, with only $263,000 in trailing twelve months revenue, and just $100,000 in the first half of 2025, down from $210,000 in the first half of 2024 [12][14] - The company operates at a loss, which is common in the emerging quantum computing sector, but QCi's minimal revenue raises concerns about its financial viability [14] Future Outlook - A future stock split for QCi could occur if the share price rises significantly or if it risks delisting due to a price drop, but the likelihood of a forward split is considered optimistic [10][11] - The main competitive advantage for QCi lies in its photonics technology, which allows quantum systems to operate at room temperature, although competitors like IonQ also offer similar capabilities [11]
Big Bank Sees Quantum Computing Market Hitting $4B by 2030. Here Are 2 Stocks to Make the Leap
247Wallst· 2025-10-05 10:44
Core Insights - The quantum computing market is poised to potentially surpass AI as the next major investment opportunity on Wall Street [1] Industry Summary - Quantum computing is gaining traction and is expected to become a significant focus for investors, indicating a shift in market dynamics [1] - The growth of the quantum computing sector may lead to increased competition with AI technologies, suggesting a diversification of investment strategies [1]
Prediction: This Quantum-AI Company Will Redefine Cloud Security by 2030
The Motley Fool· 2025-10-05 08:05
Core Viewpoint - The emergence of quantum computing presents both significant opportunities and risks, particularly in the realm of cybersecurity, with IBM positioned as a leader in developing solutions to address these challenges [1][3][4]. Group 1: Quantum Computing Overview - Quantum computing represents a revolutionary shift from traditional binary code-based processors, utilizing qubits to achieve unprecedented processing speeds, enabling solutions to complex problems in minutes rather than years [2]. - The potential misuse of quantum computing for malicious activities, such as decrypting encrypted internet connections and cracking passwords, necessitates the development of new security measures [3]. Group 2: IBM's Position and Initiatives - IBM is spearheading efforts in quantum cybersecurity through its Quantum Safe™ initiative, which focuses on preemptively addressing digital security challenges posed by quantum computing [5]. - The company has developed "quantum safe" hardware, including the z16 and z17 AI-capable mainframe computers, which incorporate advanced security features to protect against quantum threats [6]. - IBM has a long history in artificial intelligence, having introduced the commercial version of its Watson AI platform in 2013, and has since gained valuable insights from its experiences in the AI sector [7][8]. Group 3: Standards and Influence - IBM plays a crucial role in shaping cybersecurity standards for the quantum era, actively participating in organizations like the National Institute of Standards and Technology (NIST) and OASIS [11][14]. - The company has contributed to the establishment of NIST standards for post-quantum encryption, influencing the direction of industry practices [13]. - IBM's involvement in standard-setting organizations allows it to leverage its historical expertise to impact the development of technology solutions across the industry [15]. Group 4: Market Potential - The global quantum-based cybersecurity market is projected to grow at an average annual rate of 32% from now until 2034, indicating a significant investment opportunity in this sector [18]. - Despite IBM's relatively low profile in the current AI landscape, its proactive approach to quantum security positions it as a key player in the future of cybersecurity [17][18].