NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the District of Colorado on behalf of all persons or entities who purchased or otherwise acquired Quantum Corporation (“Quantum” or the “Company”) (NASDAQ: QMCO) securities between November 15, 2024 and August 18, 2025, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or ...

Core Points - A shareholder class action lawsuit has been filed against Quantum Corporation alleging that the company made materially false and misleading statements regarding its financial practices [1] - The lawsuit claims that Quantum 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 [1] - The allegations suggest that the statements made by the defendants about Quantum's business, operations, and prospects were materially false and lacked a reasonable basis [1] Legal Information - Shareholders who purchased Quantum shares between November 15, 2024, and August 18, 2025, and suffered significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is November 3, 2025 [3] - Holzer & Holzer, LLC is representing shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [3]

Group 1: Quantum Computing Market Outlook - Quantum computing is expected to become a significant theme in the market by 2026, with increasing popularity in investments [1] - The technology has the potential to generate substantial returns for investors if successful, but competition among companies is fierce [1] Group 2: Investment Opportunities in Quantum Computing - Five stocks have been identified as solid picks in the quantum computing space, presenting great buying opportunities [2] - Pure-play companies like IonQ and D-Wave Quantum are highlighted for their focused approaches in quantum computing, making them high-risk but high-potential investments [4] Group 3: Company Profiles - IonQ utilizes trapped ion technology, which is cost-effective and precise, while D-Wave Quantum employs quantum annealing, differentiating them from competitors using superconducting technology [5] - Both IonQ and D-Wave Quantum are positioned to succeed by not directly competing with larger companies that have extensive resources [6] Group 4: Legacy Competitors - Alphabet and Microsoft are developing in-house quantum computing solutions to avoid dependency on external suppliers, having already invested billions in traditional computing hardware [8][9] - Growth from quantum computing for these companies is likely to come through their existing cloud computing services, potentially leading to significant profitability [10][11] Group 5: Hybrid Approach - Nvidia focuses on traditional computing hardware while providing a hybrid solution for quantum computing, connecting existing infrastructure with future quantum systems [12] - Nvidia is considered a smart investment due to its strong position in traditional computing and the anticipated growth from quantum computing deployment [13]

Core Insights - Quantum computing companies are positioned to benefit from the growth of the AI market due to their ability to process data faster and more efficiently than traditional computers [2][3] - Quantum Computing Inc. (QCi) and IonQ are two notable players in the quantum computing space, with QCi's stock increasing by nearly 2,280% and IonQ's by over 510% in the past year [3] Company Comparisons - QCi focuses on developing photonic chips that operate at room temperature and are produced using conventional chip manufacturing processes, while IonQ produces trapped ion chips and builds its own quantum systems [7][8] - QCi's business model is still in its early stages, with projected revenue of $400,000 in 2025 and expected growth to $1.85 billion by 2027, despite a net loss of $39 million in 2025 [10][11] - IonQ's revenue is expected to grow from $43 million in 2024 to $315 million by 2027, although it will face increasing net losses from $332 million to $552 million during the same period [12] Future Projections - IonQ aims to significantly increase its quantum computing power, projecting algorithmic qubits (AQ) to rise from 64-100 AQ in 2025 to 2 million AQ by 2030 [13] - IonQ's integration of Nvidia's CUDA platform into its quantum systems is expected to enhance its capabilities for AI applications [14] Investment Considerations - QCi's stock is currently valued at over 1,300 times its projected revenue for 2027, making it a high-risk investment, while IonQ is valued at just over 40 times its estimated sales for the same year, presenting a more reasonable investment opportunity [15]

SAN DIEGO, Sept. 4, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of persons and entities that purchased or otherwise acquired Quantum Corporation (NASDAQ: QMCO) securities between November 15, 2024 and August 18, 2025. Quantum Corporation is a technology company focused on data management solutions.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegations ...

NEW YORK, Sept. 4, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces that it has filed a class action on behalf of purchasers of securities of Quantum Corporation (NASDAQ: QMCO) between November 15, 2024, and August 18, 2025. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2025.So what: If you purchased Quantum Corporation common stock during the Class Period you may be entitled to c ...

Core Viewpoint - Nvidia's CEO Jensen Huang has shifted his perspective on quantum computing, now believing that commercialization may occur sooner than previously anticipated, leading Nvidia to actively invest in the quantum space [1][10]. Group 1: Nvidia's Investment and Strategy - Nvidia has invested in Quantinuum, a leading quantum computing startup majority-owned by Honeywell International, indicating a serious commitment to quantum technology as a complement to its AI dominance [1][2]. - The partnership with Quantinuum enhances the credibility of quantum computing and highlights the strategic importance for investors to monitor companies building exposure in this sector [3][10]. Group 2: Market Dynamics and Competitors - Quantum computing stocks like IonQ and D-Wave Quantum have shown significant potential, with their shares surging due to breakthroughs in hardware and early use cases [7][8]. - Quantinuum, formed as a joint venture between Honeywell and Cambridge Quantum, is positioned as a frontrunner in the commercialization of quantum technology due to its vertically integrated approach [6][8]. Group 3: Investment Opportunities - Honeywell presents a unique investment opportunity as a diversified business that could synergize with quantum technology, while IonQ and D-Wave offer higher-risk, higher-reward profiles as pure plays in the quantum sector [9]. - Nvidia's entry into quantum computing signals growing institutional interest, suggesting that early investments in this space could yield significant rewards as the technology approaches mainstream relevance [10][11].

Core Insights - Quantum Critical Metals Corp. has reported strong correlations between mica content and the enrichment of critical metals such as gallium (Ga), rubidium (Rb), cesium (Cs), lithium (Li), niobium (Nb), tin (Sn), and tantalum (Ta) from the NMX East project in Québec [1][7]. Sample Analysis - Three hand-selected pegmatite core samples were analyzed for their mineral content, with varying mica percentages: Sample 1 (21.2 wt %), Sample 2 (72.7 wt %), and Sample 3 (0.7 wt %) [3][6]. - Sample 2, with the highest mica content, showed significant values: 186 ppm Ga, 959 ppm Li, 320 ppm Nb, 3,220 ppm Rb, 347 ppm Sn, and 71.5 ppm Ta, indicating that higher mica content correlates with higher metal values [6][7]. Mineralogical Studies - Detailed mineralogical studies are being conducted at SGS Lakefield to confirm the association of critical elements with mica, which could simplify the extraction process [2][9]. - The ongoing studies aim to validate preliminary assay results and enhance the understanding of the mineralization process within the pegmatite [9]. Strategic Importance - The NMX East project is 100% owned by Quantum and has been historically explored for lithium, but recent studies focus on gallium extraction feasibility [10]. - The project is strategically located near Power Metallic Mines Inc., which has expanded its land position, highlighting the regional potential for polymetallic exploration [10]. Development Focus - Quantum is prioritizing mineralogical and metallurgical studies to assess the economic viability of metal recovery, aiming to fast-track development in the critical metals sector [10]. - Initial findings suggest that gallium may be recoverable from mica, a non-traditional source, which could enhance domestic supply chains in light of geopolitical factors affecting critical mineral availability [10].

Group 1 - The company, 01 Communique Laboratory Inc., is holding a shareholder meeting on September 10, 2025, to approve a name change to 01 Quantum Inc. [1] - Following the formal meeting, CEO Andrew Cheung will present an update on recent strategic partnerships with a Quantum-Native Crypto Foundation and Turnium Technology Group Inc., emphasizing their role in digital asset protection and quantum-safe cybersecurity [2][3] - The company has a focus on post-quantum cybersecurity, particularly through its IronCAP™ product line, which is patent-protected in the U.S. [5] Group 2 - The meeting will take place at the offices of Fogler, Rubinoff LLP in Toronto, with options for virtual attendance [4] - 01 Communique has been established since 1992 and has consistently been at the forefront of technology [5]

Industry Overview - Quantum computing has emerged as a significant narrative in the market, with stocks like D-WAVE QUANTUM, IonQ, and Rigetti Computing experiencing substantial gains ranging from 500% to 1,600% over the past year as investors anticipate breakthrough innovations [1] - Recently, momentum in the quantum computing sector has cooled, with stocks trading sideways throughout much of 2025, indicating a shift in market dynamics [2] Company Insights D-WAVE QUANTUM - D-Wave Quantum is a pioneer in quantum computing, focusing on annealing-based quantum systems for optimization problems, and has established a strong base of commercial partnerships while expanding its cloud-accessible quantum services [4] - The stock price of D-WAVE QUANTUM (QBTS) is currently at a critical support level around $14.75; a drop below this level may signal caution, while a rise above $16.70 could lead to a bullish trend [6] IonQ - IonQ specializes in trapped-ion quantum computing, recognized for its scalability and has formed partnerships with major cloud providers like AWS and Microsoft Azure, positioning itself as a top choice for long-term quantum adoption [9] - The stock price of IonQ (IONQ) is currently in a trading range, with support at $36.50 and resistance at $45; breaking these levels will determine the next price movement [10] Rigetti Computing - Rigetti Computing focuses on superconducting qubit technology and aims to provide full-stack quantum computing solutions, competing with larger companies like Google and IBM [12] - The stock price of Rigetti Computing (RGTI) is consolidating, with support at $14.30 and resistance between $18 and $18.50; movements beyond these levels will indicate market direction [13] Investment Considerations - The quantum computing sector presents exciting opportunities, but the stocks remain highly speculative and subject to volatility; successful investment will depend on effective risk management and timing [15]