Quantum(QMCO)

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Quantum Computing, Inc. Announces Concurrent Offerings of Common Stock for Aggregate Proceeds of $50 Million
Prnewswire· 2024-12-11 05:00
HOBOKEN, N.J., Dec. 10, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into securities purchase agreements with institutional investors for the purchase and sale of 1,540,000 shares of common stock at a purchase price of $5.00 per share, pursuant to a registered direct offering. In a concurrent private placement, the Company entered into securities purchase agr ...
Why This Quantum Computing Stock Rocketed 142.8% Higher in November
The Motley Fool· 2024-12-05 22:20
Shares of IonQ (IONQ 7.57%) stock popped 142.8% in November, according to data from S&P Global Market Intelligence. The start-up is trying to revolutionize the quantum computing market and bring this nascent technology into commercial hands. With investors eating up growth and deep technology stocks at the moment, it is no surprise to see IonQ crushing the market in 2024. Shares are up close to 200% year to date (YTD) as of this writing on Dec. 5, 2024.Here's why IonQ stock was up more than 100% in November ...
Quantum eMotion Progress Report: Advancing Quantum-Safe Solutions Across Blockchain, Healthcare, and IoT
Newsfile· 2024-12-05 14:50
Montreal, Quebec--(Newsfile Corp. - December 5, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) proudly announces remarkable progress in its mission to deliver state-of-the-art quantum cybersecurity solutions. Bolstered by ISO 27001 certification and breakthroughs across blockchain, telemedicine, and advanced QRNG chip development, QeM is setting new standards for digital security.ISO 27001 Certification: A Testament to ExcellenceQeM's recent achievement of ISO/IEC 27001:2022 certification undersc ...
Quantum Computing Stocks Are on Fire: 3 Stocks to Watch
MarketBeat· 2024-12-03 13:30
Quantum computing stocks have been soaring lately, with some names doubling or even tripling in value year-to-date. This remarkable surge has been fueled by a mix of industry advancements, significant partnerships, and increased investor interest, positioning quantum computing as one of the most exciting yet speculative tech sub-sectors to watch. While the industry is still in its infancy, the potential for applications in fields like drug discovery, cryptography, and artificial intelligence is driving imme ...
Undercovered Dozen: Arqit Quantum, CleanSpark, Sezzle, STAG Industrial +
Seeking Alpha· 2024-11-29 18:00
Some tickers are covered more than others on the site, so with The Undercovered Dozen our Editors highlight twelve actionable investment ideas on tickers with less coverage. These ideas can range from "boring" large caps to promising up-and-coming small caps. Specifically, the inclusion criteria for "undercovered" include: market cap greater than $100 million, more than 800 symbol page views in the last 90 days on Seeking Alpha, and fewer than two articles published in the past 30 days. Follow this account ...
Quantum Computing Stock Soars on AWS Program
Schaeffers Investment Research· 2024-11-25 15:49
Software stock Quantum Computing Inc (NASDAQ:QUBT) is soaring today, up 20.8% at $7.37 at last glance, after a boost from Amazon.com (AMZN). Amazon Web Services (AWS) launched the Quantum Embark Program today, helping users solve problems using quantum mechanics. Today's pop has the stock jumping to its highest levels since Nov. 2021. On track for its fifth-straight gain, QUBT is further removing itself from penny stock territory after breaking past $5 last week. Since last Monday, the equity is up roughly ...
Quantum Boosts Cyber Resiliency With Advanced DXi9000 Series
ZACKS· 2024-11-21 14:50
Core Insights - Quantum Corporation (QMCO) has launched the DXi9200, a hybrid data protection appliance designed to combat modern cybersecurity threats, particularly ransomware [1][2] - The DXi9200 features flexible scalability, starting with a 110 TB entry capacity and can scale up to 2.2 PB, with a data reduction rate of 70x, allowing for efficient data management [3] - The appliance is built on a hardened architecture aligned with the NIST Cybersecurity Framework 2.0, incorporating advanced security features such as data encryption and multi-factor authentication [4] Product Features - The DXi9200 offers 30% faster "ingest and restore" performance compared to its predecessor, enabling more frequent backups and rapid data recovery [5] - It includes immutable snapshots and RAID parity protection to safeguard against data corruption, and it integrates with leading backup software like Veeam and Veritas [6] - The appliance combines NVMe flash and dense hard drives, achieving double the price/performance of earlier models while using 25% less power [7] Market Position - QMCO is recognized as a leading provider of end-to-end data management solutions, serving various sectors including life sciences and government [9] - Despite the launch of the DXi9200, QMCO has experienced a 6.9% year-over-year revenue decline to $70.5 million, attributed to a slowdown in the Product segment and supply chain issues [10] - QMCO's stock has decreased by 50.7% over the past year, contrasting with a 26.1% growth in its subindustry [11]
Quantum Computing, Inc. Announces Second Purchase Order for TFLN Photonic Chip Foundry from University of Texas at Austin
Prnewswire· 2024-11-20 13:30
HOBOKEN, N.J., Nov. 20, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced the Company has received its second purchase order for its thin film lithium niobate (TFLN) photonic chip foundry from the University of Texas at Austin. The order will support the research efforts of the University's RF Acoustic Microsystem Group and is part of the QCi Foundry's pilot launch program, with fulf ...
Quantum eMotion Announces Closing of Private Placement
Newsfile· 2024-11-15 22:30
Montreal, Quebec--(Newsfile Corp. - November 15, 2024) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) ("QeM" or the "Corporation"), is pleased to announce that it has closed a non-brokered private placement by issuing a total of 7,500,000 units (the "Units") at $0.10 per Unit, for a total gross proceed of $750,000 to several strategic investors who add significant value to the Corporation's cybersecurity initiatives.Each Unit is comprised of one common share and one warrant of the Corporation. Each war ...
Quantum Computing, Inc. Announces Registered Direct Offering of $40 Million Priced At-The-Market Under Nasdaq Rules
Prnewswire· 2024-11-15 04:00
Core Points - Quantum Computing Inc. has entered into a securities purchase agreement to sell 16,000,000 shares of common stock at a price of $2.50 per share, resulting in gross proceeds of $40 million before expenses [1][2] - The net proceeds from the offering will be used for debt repayment, working capital, and general corporate purposes [2] - The offering is made under an effective shelf registration statement previously filed with the SEC [3] Company Overview - Quantum Computing Inc. is an innovative company specializing in integrated photonics and quantum optics technology, providing accessible quantum machines designed to operate at room temperature and low power [5] - The company's products are aimed at high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [5]