Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1][2]. Allegations Against Defendants - The complaint alleges that QCI overstated the capabilities of its quantum computing technologies, products, and services [2] - It is claimed that QCI exaggerated the nature and scope of its relationship with NASA, including contracts and subcontracts [2] - The company allegedly overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [2] - QCI's business dealings included undisclosed related party transactions, which contributed to its revenue [2] - The revelations of these issues are expected to have a significant negative impact on QCI's business and reputation [2] - Defendants' positive statements about QCI's business were deemed materially misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in QCI can seek to be appointed as a lead plaintiff representative of the class by April 28, 2025, or may choose to remain absent [3] - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [3].

Core Insights - Nvidia CEO Jensen Huang initially expressed skepticism about quantum computing, suggesting it was 15 to 20 years away from commercial viability, leading to a sell-off in related stocks [1] - At the recent Nvidia GPU Technology Conference, Huang reversed his stance, acknowledging potential misinformation and announcing new investments in quantum research [2] Quantum Computing Landscape - Quantum computers are designed to perform complex calculations in areas like machine learning and cryptography, surpassing traditional supercomputers [3] - Unlike classical computers, quantum computers utilize qubits, allowing for greater processing power through superposition and entanglement [4] Current Market Developments - IonQ reported $47 million in revenue for 2024 through its quantum computing as-a-service model, projecting nearly double revenue growth this year [5] - D-Wave Quantum has 135 customers exploring applications, with its stock up over 220% in the past year [5] Challenges and Future Outlook - The industry is still in the Noisy Intermediate-Scale Quantum (NISQ) era, facing challenges in scaling qubits and managing error rates, limiting applications to niche areas [6] - A breakthrough into the post-NISQ era could arrive sooner than expected, with systems featuring hundreds of thousands of qubits [7] Competitive Landscape - Major tech companies like Alphabet and Microsoft are investing in quantum research, with a projected $170 billion market opportunity by 2040 [8] - Microsoft introduced the Majorana 1 quantum chip, which aims to stabilize qubits and accelerate commercial applications [8] Investment Opportunities - There are near-term growth opportunities for pure play quantum companies, as early adopters across industries invest heavily in quantum development [9] - The quantum computing sector is viewed as a long-term growth driver, with potential for established tech giants and emerging companies to capitalize on this trend [10] Market Sentiment - Following a sell-off, there is cautious optimism about investing in quantum computing stocks, particularly for companies that can monetize superior platforms [11]

Core Viewpoint - A securities class action lawsuit has been filed against Quantum Computing Inc. (QCI) for allegedly making materially false and misleading statements regarding its business operations and prospects during the class period from March 30, 2020, to January 15, 2025 [1]. Allegations Against Defendants - The complaint claims that QCI overstated the capabilities of its quantum computing technologies, products, and services [3]. - It is alleged that QCI misrepresented the nature and scope of its relationship with NASA, including its contracts and subcontracts [3]. - The company is accused of exaggerating its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its TFLN chip orders [3]. - QCI's business dealings with two entities are described as related party transactions, which were not disclosed [3]. - The revenues of QCI are said to have relied, at least in part, on these undisclosed related party transactions [3]. - The lawsuit suggests that the eventual revelation of these facts would likely have a significant negative impact on QCI's business and reputation [3]. - Positive statements made by QCI regarding its business operations and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Lead Plaintiff Process - Investors in QCI have until April 28, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or small group of investors with the largest financial interest [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery [4].

Vancouver, BC / April 9th, 2025 / The Newswire – Quantum Critical Metals Corp. (TSX.V: LEAP) (OTCQB: ATOXF) (Frankfurt: 86A1) ("Quantum" or the "Company") is pleased to announce that it has re-examined its drill core assays at its 100% owned Discovery project, located in the Eeyou Istchee (James Bay) region of Québec, and has discovered elevated and consistent intervals of gallium, rubidium, cesium, niobium, and tantalum. Notably, the Company intersected: The Company's 2018 and 2022 drill programs totalled ...

Strategic Investment in Quantum Pioneer: BTQ Technologies has signed a term sheet to invest €2 million in QPerfect, a French deeptech company specializing in neutral atom quantum computing and design automation. The proposed investment grants BTQ a 16.67% equity stake, with an option to acquire full ownership within 12 months. Advancing Quantum Software Through MIMIQ: QPerfect's flagship platform, MIMIQ, enables rapid, accurate, and scalable quantum algorithm execution—outperforming current simulators and ...

A small collective of unlikely candidates is emerging as the most popular opportunities in the quantum computing industry. For the past few years, investors have become enamored with the prospects of artificial intelligence (AI) technology. But for the most part, developers have been touting the same carousel of ideas -- explaining how AI is leading to breakthroughs in training large language models, helping build autonomous systems for vehicles, and bringing unprecedented levels of efficiency to the workpl ...

Group 1 - Rigetti Computing's shares fell 48.1% in Q1 2025, with a significant drop in January, although the stock is still up 925% over the last six months [1] - The release of Google's Willow chip in December 2024 initially boosted quantum computing stocks, including Rigetti, due to its effective error-correction system [2] - The performance benchmark used to showcase Willow's superiority was selectively chosen, making it easier for quantum systems to excel compared to traditional supercomputers [4] Group 2 - Nvidia CEO Jensen Huang indicated that the breakthrough represented by Willow is part of a long-term research journey, with practical quantum computing systems expected in about 20 years [5] - Rigetti is facing financial challenges, with only $10.8 million in revenue for 2024 against a $59.8 million R&D budget, indicating significant cash burn [6] - The current market cap of $2.25 billion for Rigetti is viewed as overly generous, with expectations of continued price drops in 2025 [7]

Core Viewpoint - Quantum eMotion Corp. has launched its U.S. subsidiary, Quantum eMotion America, to enhance its presence in the U.S. cybersecurity market, with John Young appointed as COO to lead this expansion [1][3]. Group 1: Expansion Strategy - The establishment of Quantum eMotion America in Irvine, California, is a strategic move aimed at accelerating sales and partnerships within the U.S. cybersecurity landscape [1][2]. - California was chosen for its dynamic tech ecosystem, access to talent, and support for innovative enterprises, positioning the subsidiary for sustainable growth [2]. Group 2: Leadership Appointment - John Young, with over 35 years of experience in cybersecurity and IT operations, has been appointed as COO of Quantum eMotion America [3]. - Young's credentials include senior roles at Fortune 50 companies and holding all nine ISC2 cybersecurity certifications, indicating a strong leadership presence [3]. Group 3: Market Context - The launch comes at a time of increasing cybercriminal activity and heightened awareness of quantum threats, suggesting a favorable market environment for Quantum eMotion's offerings [4]. - The company's proprietary quantum random number generation technology aims to secure digital communications against both classical and quantum cyber threats [4][5]. Group 4: Target Markets - Quantum eMotion plans to target sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Government Technologies, and Quantum Cryptography [6].

Core Insights - Quantum Critical Metals Corp. is participating in the annual Kamloops Exploration Group conference on April 7th and 8th, 2025, to discuss its properties and projects [1][2] - The company focuses on advancing critical metals projects essential for next-generation technologies, with a portfolio that includes several promising assets [7] Industry Overview - Critical metals are vital for modern technologies, including renewable energy systems and advanced electronics, with both the U.S. and Canada identifying specific critical minerals for economic and national security [4] - Recent geopolitical developments, particularly China's export bans on critical minerals, have raised concerns about supply chain security, emphasizing the need for diversification and domestic sourcing of critical metals [5]

BERKELEY, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, announced today that it was selected to participate in the Defense Advanced Research Projects Agency (DARPA) Quantum Benchmarking Initiative (QBI). The primary goal of QBI is to determine if any approach to quantum computing can achieve utility-scale operation by 2033. QBI will use a multi-stage approach, Stages A, B, and C, to assess ...