Core Insights - D-Wave Quantum Inc. has made significant advancements in quantum annealing technologies, leading to increased attention and validation of its commercial execution [2][10] - The company's stock has surged 1281% over the past year, outperforming the broader Internet Software industry, the Computer and Technology sector, and the S&P 500 [3] Company Performance - D-Wave's 1,200-qubit Advantage2 prototype achieved quantum supremacy by solving a complex magnetic simulation in minutes, a task estimated to take one million years on a classical supercomputer [6][10] - The full-scale Advantage2 system features over 4,400 qubits, improved coherence time, and enhanced qubit connectivity, which are crucial for solving complex optimization and AI problems [7][11] Competitive Position - D-Wave is currently leading competitors Rigetti Computing and IonQ in delivering practical quantum computing solutions, with demonstrated performance at scale [10][11] - High-profile commercial users, including Ford Otosan, NTT DOCOMO, and Japan Tobacco, are utilizing D-Wave's systems for various applications, showcasing the company's hardware maturity [11] Financial Estimates - The Zacks Consensus Estimate for D-Wave's 2025 earnings indicates a 72% year-over-year improvement [12] - Current earnings estimates for the next year show a significant reduction in losses compared to the previous year, reflecting positive growth expectations [13]

Industry Overview - Quantum computing stocks are currently among the hottest on Wall Street, surpassing even AI stocks in interest [1] - The potential for rapid returns exists if quantum computing technology becomes viable and mainstream [1] Company Analysis: Rigetti Computing - Rigetti Computing's stock rose over 30% in May, peaking at over 50% increase during the month, indicating strong market interest [2] - Despite the recent gains, Rigetti's stock is down approximately 40% from its all-time high in early January, reflecting the volatility and hype surrounding quantum computing stocks [4] - The company is developing a full-stack quantum computing solution, competing against both start-ups and major players like Microsoft and Alphabet [4] - Rigetti has achieved about 99% fidelity in its chip architectures, which is competitive within the industry [6] - The company plans to release a four-chip, 36-qubit system by 2025, although widespread adoption of quantum computing is still years away [6] Market Opportunity - Rigetti projects a market opportunity for quantum computing of $1 billion to $2 billion before 2030, with significant growth expected to $15 billion to $30 billion by 2040 [7] - The long-term nature of this market opportunity raises questions about the timing for serious investments in Rigetti [7] Financial Position - Rigetti's current valuation stands at $3.5 billion, despite generating only around $9.2 million in contracts, indicating a high-risk investment profile [7] - The company is unprofitable and has agreed to sell up to $350 million in new shares to bolster its cash reserves for research and development [7][8] - The issuance of new shares dilutes existing shareholders, a recurring issue for Rigetti [8] Investment Considerations - Rigetti Computing is characterized as a high-risk, high-reward stock, with significant success already priced into its valuation [7][10] - Investors may consider smaller position sizes to mitigate potential losses while still allowing for growth if the stock performs well [10] - The uncertainty surrounding Rigetti's future performance suggests a cautious approach to investment in the company at this time [10]

Quantum computing stocks such as IonQ, Rigetti Computing, and D-Wave Quantum are crushing the broader market right now. While there have been fleeting moments of euphoria in the stock market in 2025, it's been a pretty tough year overall. One particular area that has managed to outmaneuver this year's volatility, however, is quantum computing. As of the closing bell on May 27, the Defiance Quantum ETF had returned approximately 8% so far t his year -- handily outperforming the returns of the S&P 500, Nasdaq ...

Core Viewpoint - Johnson Fistel, PLLP is investigating potential breaches of fiduciary duties by directors and officers of Quantum Computing Inc. (QCI), focusing on their obligations to shareholders [1]. Group 1: Legal Investigation - A class action complaint has been filed against QCI, alleging that the defendants made false and misleading statements regarding the company's quantum computing technologies and relationships with NASA [3]. - The complaint claims that QCI overstated its technological capabilities, the nature of its contracts with NASA, and its progress in developing a TFLN foundry [3]. - It is alleged that QCI's revenues were partially based on undisclosed related party transactions, which could significantly harm the company's business and reputation once revealed [3]. Group 2: Shareholder Rights - Current long-term QCI shareholders may have legal claims that can be brought against the company's directors and officers [2]. - Shareholders interested in discussing their legal rights are encouraged to contact the lead analyst at Johnson Fistel [2].

Core Viewpoint - WISeKey is set to launch its WISeSat 3.0 satellite in mid-June 2025, which will incorporate SEALSQ's Quantum RootKey technology to enhance quantum-safe space communications, marking a significant advancement in securing global data infrastructure against quantum threats [2][11]. Group 1: Satellite Launch and Technology - The WISeSat 3.0 satellite will be the first to embed SEALSQ's Quantum RootKey, initiating a new era of quantum-safe space communications [2][4]. - The satellite will utilize NIST-standardized post-quantum algorithms, including CRYSTALS-Kyber and CRYSTALS-Dilithium, for cryptographic key generation and management [3][4]. - The Quantum RootKey is designed to resist both classical and quantum cyberattacks, ensuring secure communications and digital identity services [4][8]. Group 2: Capabilities and Applications - WISeSat 3.0 will provide secure command authentication, encryption of sensitive data, and post-quantum key distribution for critical infrastructure sectors such as energy and transportation [5][10]. - The satellite will facilitate the secure onboarding of billions of IoT devices, providing quantum-resistant digital identities even in remote areas [5][10]. - The multi-layered quantum-secure platform aims to leverage space's unique properties for scientific breakthroughs, including quantum sensing and secure deep-space exploration [9][10]. Group 3: Infrastructure and Future Plans - WISeSat has established key infrastructure, including a satellite antenna in La Línea, Spain, with plans for another in Switzerland to enhance satellite constellation management [7][10]. - By 2027, WISeSat aims to create a large constellation of satellites that incorporate WISeKey cryptographic keys and PQC semiconductor technology from SEALSQ [7][10]. - The company is positioning itself to enable a scalable "Satellite-as-a-Service" business model that integrates decentralized IoT transactions and post-quantum secure communications [10][11]. Group 4: Strategic Importance - The advancements of WISeSat 3.0 are crucial for establishing a sovereign, resilient, and secure digital infrastructure amid rising geopolitical and cybersecurity tensions [11]. - The collaboration between WISeSat and SEALSQ is setting the foundation for a new generation of cyber-resilient, quantum-ready space systems, redefining global digital trust from orbit [11].

Financial Results - Quantum Corporation provided preliminary financial results for its fiscal fourth quarter ended March 31, 2025[5] - The press release detailing these results was issued on May 6, 2025[5] - The financial results will not be deemed filed under the Securities Exchange Act of 1934[6] Report Details - The report includes a cover page interactive data file embedded within the Inline XBRL document[7]

Core Insights - First Quantum Minerals Ltd. (FQVLF) announced that its subsidiary Minera Panamá received government approval for its Preservation and Safe Management program at the Cobre Panamá mine, allowing the company to proceed with essential preservation and environmental measures [1][9] - The program will be funded through the export of 121,000 dry metric tons of copper concentrate stockpiled at the site, reinforcing FQVLF's commitment to sustainability and responsible resource management [2][9] - The company agreed to discontinue one arbitration proceeding and suspend another related to the Cobre Panamá mine, marking progress in resolving outstanding issues since the mine's shutdown in December 2023 [3][4] Company Operations - The Cobre Panamá mine was suspended following a Supreme Court ruling that deemed the operating contract unconstitutional, leading to a halt in operations due to a blockade affecting supply deliveries [5][6] - In December 2023, Panama's trade and industry ministry ordered the cessation of all activities related to the extraction and processing at the Cobre Panamá mine, which accounted for approximately 40% of FQVLF's revenues and 1.5% of the global copper supply in 2022 [7] Stock Performance - FQVLF's shares have increased by 16.8% over the past year, contrasting with a 26.2% decline in the industry [8]

Core Viewpoint - The technology sector, particularly quantum computing, presents significant investment opportunities, exemplified by D-Wave Quantum's remarkable stock performance and growth potential [1][4][12]. Group 1: Industry Overview - The launch of OpenAI's ChatGPT initiated the generative AI industry, and there are indications that quantum computing may be the next transformative technology [2]. - Quantum computing aims to solve complex calculations rapidly using qubits, which can exist in multiple states simultaneously, distinguishing it from generative AI [3]. Group 2: Company Profile - D-Wave Quantum - D-Wave Quantum, founded in 1999, is notable for being the only company selling commercially available quantum computers, utilizing quantum annealing technology [5][6]. - The company has received backing from prominent figures, including Jeff Bezos and In-Q-Tel, enhancing its credibility in the tech space [5]. Group 3: Recent Achievements - D-Wave's Advantage2 computer recently outperformed the Department of Energy's Frontier supercomputer, generating significant interest in its stock [8][9]. - The company reported a 500% year-over-year revenue increase in Q1, reaching $15 million, attributed to the sale of its Advantage quantum annealing system [10]. Group 4: Financial Health - Operating losses decreased from $17.5 million to $11.3 million, indicating potential for sustainable profitability if growth continues [11]. - D-Wave holds $304.3 million in cash and equivalents, providing a strong financial cushion to support ongoing operations [11].

Core Viewpoint - The S&P 500 index has experienced volatility in 2025, remaining flat year-to-date as of May 29, despite a significant drop of nearly 20% from late February highs, with some sectors, particularly quantum computing, showing strong performance [1][2]. Quantum Computing Sector - Quantum computing is gaining attention as it utilizes qubits to solve complex problems that classical computers struggle with, offering potential for significant advancements in technology [2][3]. - D-Wave is a leading company in the quantum computing space, with its stock rising over 95% this year, driven by the launch of its sixth-generation Advantage2 quantum computing system [7][8]. D-Wave's Innovations - The Advantage2 system boasts a 40% higher energy scale, double the coherence time, and four times less noise compared to its predecessor, enhancing its accuracy and performance [9]. - D-Wave's recent sale of its first quantum computer for approximately $15 million significantly boosted its revenue, increasing over fivefold year-over-year, while also reporting a smaller net loss [10]. Market Position and Future Outlook - D-Wave currently has a market capitalization of around $5.5 billion, indicating that investor expectations for future progress are already reflected in its stock price [11]. - The potential of quantum computing to transform industries is acknowledged, but the timeline for achieving mainstream, cost-effective, and reliable technology remains uncertain [11][12].

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 ...