Core Insights - Rigetti Computing, Inc. reported its financial results for Q2 2025, highlighting significant advancements in quantum computing technology and a strong financial position following a $350 million equity raise [1][12]. Financial Performance - Total revenues for Q2 2025 were $1.8 million, a decrease from $3.1 million in Q2 2024 [9][23]. - Total operating expenses for Q2 2025 were $20.4 million, compared to $18.1 million in Q2 2024 [9][23]. - The operating loss for Q2 2025 was $19.9 million, up from a loss of $16.1 million in Q2 2024 [9][23]. - The net loss for Q2 2025 was $39.7 million, which included $22.8 million of non-cash losses related to derivative warrant and earn-out liabilities [9][23]. - As of June 30, 2025, the company had cash, cash equivalents, and available-for-sale investments totaling $571.6 million, with no debt [9][12]. Technology Advancements - Rigetti launched the Cepheus™-1-36Q, the industry's largest multi-chip quantum computer, achieving a 2x reduction in two-qubit gate error rate and a median two-qubit gate fidelity of 99.5% [4][5]. - The company emphasizes the superiority of superconducting qubits for quantum computing, citing their scalability and speed advantages over other modalities [6]. - Rigetti's proprietary chiplet-based architecture enhances performance and manufacturing efficiency, contributing to the recent technological advancements [10]. Business Strategy - The proceeds from the recent equity offering will primarily be used for working capital, capital expenditures, and potential strategic collaborations or acquisitions [12][13]. - Rigetti plans to release a 100+ qubit chiplet-based system by the end of 2025, maintaining a target of 99.5% median two-qubit gate fidelity [11]. Historical Context - Rigetti introduced the world's first multi-chip quantum processor in 2021, which laid the groundwork for the recent Cepheus-1-36Q [7]. - The company has been operating quantum computers over the cloud since 2017 and has expanded its offerings to include on-premises quantum computing systems [17].

Rigetti Computing Inc. RGTI isn't just riding a wave – it's surfing a quantum tide that's left skeptics scrambling for their slide rules. The stock, up a staggering 1,770% over the past year, now finds itself at a fascinating inflection point: Wall Street expects its second-quarter report to show a modest $1.88 million in revenue and a loss of just four cents per share, according to Benzinga Pro data. That's peanuts in the big-cap tech world, but for a quantum computing upstart, it's enough to make the mark ...

Core Insights - The article compares two quantum computing companies, IonQ and Quantum Computing Inc. (QCi), highlighting IonQ as the superior investment opportunity due to its better financial performance and growth prospects [1][3][14]. Company Overview - IonQ and QCi utilize different technologies for quantum computing, with IonQ using ions and QCi using photons [2]. - Current quantum computers face challenges such as calculation errors and the need for expensive cryogenic equipment, which limits their scalability [4]. Quantum Computing Inc. (QCi) - QCi employs a method called entropy quantum computing, allowing its machines to operate at room temperature and integrate with standard computer servers [5]. - In Q1, QCi generated revenue of $39,000 against operating expenses of $8.3 million, indicating a significant financial imbalance [6]. - QCi secured notable sales, including a $332,000 purchase from a major U.S. bank, which is significant given its total revenue of $373,000 for all of 2024 [7]. IonQ - IonQ's technology also operates at room temperature and has shown promising revenue growth, with sales reaching $43.1 million in 2024, up from $22 million the previous year [8]. - In Q1, IonQ's revenue was flat at $7.6 million, with an operating loss of $75.7 million [9]. - Q2 saw a revenue increase to $20.7 million, nearly double the previous year's $11.4 million, driven by acquisitions aimed at building a quantum computer network [10]. - IonQ's Q2 operating costs surged to $181.3 million, leading to a significant operating loss of $160.6 million [11]. Financial Comparison - IonQ's price-to-sales (P/S) ratio is substantially lower than QCi's, indicating better value for investors [12][14]. - IonQ's superior sales growth and more favorable share price valuation position it as a better investment compared to QCi [14].

That said, if you are looking for potential upside with reduced volatility than standalone stocks, the Trefis High Quality portfolio offers an alternative — having surpassed the S&P 500 and yielding returns greater than 91% since its launch. In addition, see – Bigbear.ai: Sell BBAI Stock At $5? See earnings reaction history of all stocks CHONGQING, CHINA - MAY 11: In this photo illustration, the logo of Quantum Computing Inc. (QCi) is displayed on a smartphone screen, with the company's branding visible in ...

Core Viewpoint - 01 Communique Laboratory Inc. has appointed Dr. Edoardo Persichetti as a strategic advisor to enhance its cybersecurity offerings in the quantum computing era [1][5]. Company Overview - 01 Communique is transitioning to rebrand as 01 Quantum Inc. and focuses on post-quantum cybersecurity through its IronCAP™ product line [7][8]. - The company has been established since 1992 and has a history of innovation in technology [8]. Appointment of Dr. Edoardo Persichetti - Dr. Persichetti is an Associate Professor at Florida Atlantic University and has a strong background in cryptography, particularly in code-based cryptography [2][3]. - He has contributed to the NIST Post-Quantum Standardization process, with three of his algorithms reaching the conclusive round, and one, HQC, being selected as a new encryption standard in March 2025 [3][5]. - His expertise includes serving on program committees for major cryptography conferences and acting as a peer-reviewer for significant publications in the field [4]. Industry Context - Quantum computing is advancing and poses a significant threat to current encryption standards, necessitating the development of quantum-safe solutions [5]. - NIST has been leading the effort to standardize quantum-resistant cryptographic algorithms since 2016, with the first finalized standards released in August 2024 [6]. - 01 Communique's IronCAP™ technology is designed to align with these NIST standards, providing scalable and interoperable solutions for enterprises [6].

Core Insights - ZenaTech, Inc. reported a transformative second quarter in 2025, achieving a 500% year-over-year revenue increase and a 250% revenue increase for the first half of the year compared to the same period last year [1][6][9] Financial Overview - Record revenue for Q2 2025 reached $2.24 million, a 503% increase from $371,049 in Q2 2024 [6] - Revenue for the first half of 2025 was $3.38 million, up 251% from $962,428 for the same period in 2024 [6] - Drone as a Service (DaaS) contributed $1.98 million in revenue for the first half, alongside $1.39 million from enterprise SaaS [6] - Cash reserves increased to $10.29 million as of June 30, 2025, up from $3.75 million at year-end 2024 [6] - Total assets grew to $52.94 million from $34.65 million at December 31, 2024, reflecting the impact of acquisitions and technology investments [7] Operational Highlights - The company completed six acquisitions in the US land surveying and engineering sector, creating a nationwide platform for drone-powered solutions [6][7] - ZenaTech launched Zena AI, a specialized AI development center for defense applications, and submitted applications for Green UAS certification for its drones [4][6] - The company is expanding its manufacturing capabilities in the US to meet growing demand, including plans to triple its facility size in Phoenix [13] Market Position and Outlook - ZenaTech is well-positioned to expand its range of drone services in the US and globally, with a strong platform for long-term growth [9] - The demand for drone technology and software solutions is rapidly increasing, supported by new government policy directives in the US [9] - The company aims to achieve sustainable profitability as drone adoption accelerates globally, with a pipeline of target acquisitions to reach a total of 25 DaaS-related companies by mid-2026 [13]

D-Wave Quantum stock has been getting a healthy amount of positive coverage from analysts lately. D-Wave Quantum (QBTS 2.78%) stock posted another month of strong gains in July's trading. The company's share price jumped 17.4% in the month. For reference, the S&P 500 index's level rose 2.2% in the month, and the Nasdaq Composite gained 3.7%. D-Wave stock gained ground last month amid generally bullish momentum for growth stocks and continued excitement surrounding quantum computing plays. The company's shar ...

Core Insights - Rigetti Computing (RGTI) is set to release its second-quarter 2025 results on August 12, with a consensus estimate of a loss per share of 6 cents and revenues of $1.91 million, indicating a year-over-year growth of 14.3% in earnings but a decline of 38.2% in revenues [1][6] - The consensus for 2025 revenues is estimated at $8.8 million, reflecting an 18.6% year-over-year decline, while the loss per share is projected at 5 cents, suggesting an 86.1% growth year-over-year [2] Financial Performance - RGTI has an Earnings ESP of 0.00% and currently holds a Zacks Rank of 3 (Hold), indicating no strong expectation of beating estimates [4] - The company has had mixed results in the past four quarters, surpassing estimates once, missing once, and meeting expectations twice, leading to an average earnings surprise of negative 7.5% [2] Technological Advancements - Rigetti's 36-qubit Ankaa-class system achieved a two-qubit gate fidelity of 99.5%, which is expected to support the development of the Ankaa-3 system targeted for later in 2025 [5][6] - Early customer engagement with the 36-qubit system is underway, which is anticipated to accelerate product refinements and commercialization efforts [5] Business Development - The company is focusing on converting technological advancements into revenue-generating contracts, with ongoing work on government and research partnerships and exploration of commercial opportunities [7] - Management expects certain contracts and collaborations to progress in 2025, potentially strengthening the second half of the year [7] Financial Position - Rigetti ended the previous quarter with a solid cash position, supported by disciplined expense management and efforts to optimize its cost structure [8] - Investors should monitor revenue performance, operating expenses, and cash burn trends as indicators of the company's ability to sustain development without diluting shareholder value [8] Market Performance - Year-to-date, RGTI shares have gained 1.1%, while competitors IonQ and D-WAVE QUANTUM have seen gains of 0.1% and 101.1%, respectively, against a broader Internet Software industry increase of 23.5% [9] - RGTI trades at a Price-to-Book (P/B) ratio of 21.64, significantly higher than IonQ (9.29) and Quantum Computing Inc. (7.11), reflecting stronger growth expectations despite lower multiples from competitors [13] Investment Considerations - Rigetti's technological progress and customer engagement are promising for long-term positioning, but near-term upside appears reflected in the stock [18] - The company's ability to convert technical milestones into long-term contracts will be crucial for sustaining growth, with investors advised to watch for broader customer uptake and revenue visibility in the second half of the year [19]

Core Insights - D-Wave Quantum (QBTS) is launching an open-source Quantum AI Toolkit integrated with PyTorch, enabling hybrid quantum-classical machine learning workflows, which enhances traditional AI methods with quantum computing capabilities [1][8] - The toolkit is already being utilized by early adopters like Japan Tobacco and Triumph for optimization and generative AI applications, with ongoing R&D to expand quantum AI capabilities [2] - D-Wave is also advancing its strategic infrastructure through initiatives like the Cryogenic Packaging Initiative with NASA, aimed at developing superconducting chip-to-chip interconnects for scaling to 100,000-qubit systems [3] - The company is scaling manufacturing with superconducting PCB advanced packaging and increasing wafer fabrication runs, positioning itself for both AI applications and next-generation quantum computing hardware [4] - D-Wave's shares have increased by 57.7% over the past three months, outperforming industry averages, with analysts projecting a further upside of 17.06% based on average price targets [4][10] Industry Context - Competitors in the quantum computing space include IonQ, which is focusing on hybrid AI model training and has made significant acquisitions to enhance its capabilities [7] - Rigetti Computing has achieved a breakthrough with a modular 36-qubit chiplet-based system, indicating advancements in the modular superconducting architecture strategy within the industry [9]

Group 1 - MicroCloud Hologram Inc. has invested up to $200 million in Bitcoin and cryptocurrency-related securities derivatives, achieving cumulative investment returns of $40.45 million to date, marking a significant step in its digital asset strategy [1][2] - The company currently holds a cash reserve of $421 million, which it plans to allocate towards derivatives and technology development in areas such as Bitcoin-related blockchain, quantum computing, quantum holography, and artificial intelligence AR [2][5] - Future plans include continuing to integrate cryptocurrency investment returns with technology R&D, focusing on the fusion of blockchain and holographic technologies, and accelerating the commercialization of core technologies like quantum holographic displays [3][5] Group 2 - MicroCloud provides advanced holographic technology services, including high-precision holographic LiDAR solutions and holographic digital twin technology, aimed at enhancing driver assistance systems and other applications [5] - The company is committed to investing over $400 million in cutting-edge technology sectors, including Bitcoin-related blockchain development and quantum computing, to strengthen its market position [5]