NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Quantum Computing Inc. ("Quantum Computing Inc." or the "Company") (NASDAQ: QUBT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Quantum Computing Inc. investors who were adversely affected by alleged securities fraud between March 30, 2020 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.co ...

Core Viewpoint - A class action securities lawsuit has been filed against Quantum Computing Inc. (NASDAQ: QUBT) for alleged securities fraud affecting investors between March 30, 2020, and January 15, 2025 [1][2]. Case Details - The lawsuit alleges that defendants made false statements regarding QCI's quantum computing technologies, overstating their capabilities and the nature of their relationship with NASA [2]. - It is claimed that QCI overstated its progress in developing a thin film lithium niobate (TFLN) foundry and the scale of its operations related to TFLN chips [2]. - The complaint also indicates that QCI's business dealings with Quad M and millionways were related party transactions, which were not disclosed, impacting the company's revenue [2]. - The revelations from the lawsuit are expected to have a significant negative impact on QCI's business and reputation, as the public statements made by the defendants were materially false and misleading [2]. Next Steps - Investors who suffered losses in Quantum Computing Inc. during the specified timeframe have until April 28, 2025, to request to be appointed as lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States [4].

Quantum computing hasn't received much attention lately, with all the focus on the general economy and the effects of President Donald Trump's tariff plans.However, if you look at some of the pure-play quantum computing investments, like IonQ or D-Wave Quantum, it's clear that these stocks have completely fallen out of favor with the market due to their high risk. These stocks are down over 30% at the time of this writing, but they're not the quantum computing stocks I'm buying. Instead, I'm focusing on som ...

Quantum eMotion America Appoints Former Irvine Mayor Farrah N. Khan as Senior Vice President of Business Development to Accelerate U.S. ExpansionApril 16, 2025 7:42 AM EDT | Source: Quantum eMotion Corp.Irvine, California and Montreal, Quebec--(Newsfile Corp. - April 16, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM" or the "Company"), a leader in quantum-powered cybersecurity solutions, is proud to announce the appointment of Farrah N. Khan as Senior Vice Presiden ...

Core Insights - Quantum computing is poised to revolutionize various industries, including cryptography, genetic engineering, financial planning, and weather forecasting, by solving complex problems beyond the capabilities of current digital chips [2] - Despite its potential, quantum computing is not yet ready for mainstream adoption, with significant challenges such as noise reduction, error correction, and qubit stability still to be addressed [3] - Major tech companies like Alphabet, IBM, and Amazon are investing heavily in quantum computing, leveraging their substantial resources to explore this emerging field while continuing to generate profits from their core businesses [5][6] Alphabet - Alphabet generated $350 billion in revenue last year and invested $49.3 billion in R&D, maintaining $72.8 billion in free cash flow, positioning it as a strong player in quantum computing [7] - The company made headlines with its Willow chip, which completed a quantum computing benchmark in five minutes, a task that would take longer than the age of the universe for a digital supercomputer [8] - Alphabet's commitment to quantum computing is evident as it diverts significant resources to this area, making it a leader in the field and a favorable investment option [9] IBM - IBM has a long history of innovation and is a significant player in quantum computing, holding a vast patent portfolio related to quantum technologies [10][11] - The company manufactures its own quantum chips and provides access through cloud services, indicating its strong position in the market [12] - IBM's AI business is also growing, with WatsonX's order book expanding from $3 billion in Q3 2024 to $5 billion in Q4 2024, which supports its quantum computing initiatives [13] Amazon - Amazon, primarily known for e-commerce, is also developing its own quantum computing chips and plans to commercialize them through the Amazon Braket service [14] - The company reported $638 billion in revenue for 2024, generating $36.2 billion in free cash flow, and invested $88.5 billion in technology and infrastructure, indicating strong financial backing for its quantum efforts [15] - Amazon's ongoing investment in quantum computing aligns with its long-term business strategy, positioning it as a key player in the future of this technology [15] Investment Opportunity - All three companies—Alphabet, IBM, and Amazon—are currently trading more than 15% below their recent all-time highs, presenting a potential investment opportunity in the quantum computing sector [16] - The valuation ratios for Amazon are reasonable, while IBM and Alphabet appear undervalued, making this an opportune time to invest in these industry leaders [16]

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 ...