Workflow
Quantum Computing
icon
Search documents
Can Rigetti's Ankaa System Show Real World Value Beyond the Lab?
ZACKS· 2025-08-01 17:11
Key Takeaways RGTI unveiled a 36-qubit chiplet-based system with 99.5% fidelity, halving prior generation error rates.Ankaa-2 system is now publicly available on AWS Braket with 98% fidelity and real-time error correction.Rigetti plans to scale its chiplet architecture to 100+ qubits by the end of 2025.Rigetti Computing (RGTI) is beginning to close the gap between cutting-edge hardware and practical application—and the Ankaa system is central to that effort. In July 2025, the company unveiled a 36-qubit chi ...
IonQ to Report Q2 Earnings: Buy, Sell or Hold This Quantum Stock Now?
ZACKS· 2025-08-01 16:06
Core Viewpoint - IonQ, Inc. is poised for significant growth as it prepares to report its second-quarter 2025 earnings, following a series of strategic achievements and a strong first quarter performance [2][12]. Financial Performance - In Q1 2025, IonQ reported revenues of $7.57 million, a slight year-over-year decline of 0.2%, but above prior guidance, with a loss of 14 cents per share, an improvement from a 19-cent loss per share the previous year [2][5]. - The Zacks Consensus Estimate for Q2 2025 indicates an expected revenue of $17.02 million, reflecting a 49.6% year-over-year growth, with an EPS loss estimate of 13 cents, improving from an 18-cent loss a year ago [4][5]. - For the full year 2025, IonQ anticipates a 97.3% increase in revenues, with a projected loss narrowing to 60 cents per share from $1.56 the previous year [5][6]. Strategic Initiatives - IonQ's Q2 revenue expectations are set between $16 million and $18 million, driven by a $22 million sale of the Forte Enterprise system to EPB of Chattanooga, marking a significant commercial deployment [7][8]. - The acquisition of ID Quantique is expected to contribute to revenue starting in Q2, enhancing IonQ's capabilities in secure quantum communications and networking [8][9]. - The company is focused on delivering AQ 64 and advancing its Tempo system, which is crucial for transitioning to commercially viable quantum computing solutions [10]. Market Position and Competition - IonQ's stock has seen a 28.9% increase over the past three months, outperforming both the Zacks Computer-Integrated Systems industry and the broader technology sector [15]. - Despite its strong performance, IonQ faces challenges from major competitors like IBM and Microsoft, which have robust quantum computing roadmaps and extensive resources [21][22]. Valuation and Investor Sentiment - IonQ's forward 12-month price-to-sales ratio stands at 92.09, significantly higher than the industry average of 3.79, raising concerns about whether the stock has priced in too much of its long-term potential [18]. - The company is still in the early stages of commercial development, with high cash burn and execution risks that may test investor patience [20][22].
Spectral Capital Announces Development of Over 100 Hybrid Quantum-Classical Innovations in 2025, Accelerating AI Model Efficiency for Acquired Businesses
Prnewswire· 2025-08-01 11:27
SEATTLE, Aug. 1, 2025 /PRNewswire/ -- Spectral Capital Corporation (OTC: FCCN), a leading developer and acquirer of cutting-edge AI and quantum technologies, announced today that it has developed over 100 innovations in hybrid computing in 2025 alone within its broader portfolio of more than 500 patentable inventions in process. These advancements focus specifically on Hybrid Quantum-Classical Algorithms—one of the most promising and immediately applicable breakthroughs in the convergence of artificial inte ...
ZenaTech's ZenaDrone Initiates AUVSI Membership Upgrade, Enabling Leadership on Drone Policy and Strengthening US Defense and Government Engagement
Globenewswire· 2025-07-31 11:30
VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces its drone subsidiary ZenaDrone has initiated upgrading its membership to the Advocacy level with the influential   Association for Uncrewed Vehicle Systems International (AUVSI), enabling it to jo ...
X @Ash Crypto
Ash Crypto· 2025-07-31 07:30
The rise of quantum computing presents a serious threat to Web3 security, making it essential to build strong foundations of digital trust and cybersecurity.Naoris Protocol (@NaorisProtocol) offers a solution built for this future.What is Naoris Protocol?Naoris Protocol is the world’s first Decentralized Post-Quantum Infrastructure, operating at the Sub-Zero Layer—a trust and security layer beneath Layer 0 to Layer 3 blockchains.🔑 Key Features:➡️ Fully compatible with EVM blockchains; no hard forks required ...
QUBT Rallies 2218% in a Year: Is it Still a Buy Amid the Quantum Boom?
ZACKS· 2025-07-30 13:46
Key Takeaways QUBT surges 2218% in a year, far outpacing the industry, tech sector and S&P 500's growth.Quantum Computing's Dirac-3 is used by NASA and biotech institutes for real-world quantum solutions.QUBT posted 44% revenue growth and holds $166.4M in cash, supporting R&D and scale-up without dilution.Quantum Computing Inc. (QUBT) is fast emerging as a strong early-stage technology contender, driven by a combination of strategic facility development, real-world quantum applications and improved financia ...
X @Bitcoin Magazine
Bitcoin Magazine· 2025-07-29 23:29
NEW - 'Hourglass' Explained: The Quantum Soft Fork to Save Satoshi's Bitcoins 🪙@MARA Director of Engineering @theblackmarble in conversation with @BitcoinMagazine Technical Editor @brian_trollzRecorded at the @PresidioBitcoin Quantum Bitcoin Summit 2025Watch on YouTube: https://t.co/sVrh3XyZHD00:00 - Intro: The Quantum Threat to Bitcoin00:34 - The Quantum Bitcoin Summit02:07 - Origin and Concept of the Hourglass Proposal04:57 - Challenges in Achieving Consensus and User Behavior10:17 - Revisions and Enforce ...
Rigetti vs. Quantum Computing: Which Quantum Stock Is a Smarter Bet?
ZACKS· 2025-07-29 18:31
Core Insights - Quantum computing is evolving from a scientific experiment to a practical solution for real-world problems, with companies like Rigetti Computing (RGTI) and Quantum Computing Inc. (QUBT) leading the way through different technological approaches [1][3] Company Strategies - Rigetti is focused on building universal quantum computers using gate-based superconducting qubits, aiming for scalability and broad applicability across various industries [1][7] - QUBT is developing photonic quantum technologies with thin-film lithium niobate-based chips, targeting practical, room-temperature solutions for optimization and machine learning tasks [2][10] Commercialization Efforts - Rigetti's revenue primarily comes from government contracts and research partnerships, with a focus on long-term value through system performance improvements and cloud integration [11] - QUBT is adopting a product-first approach, having completed its photonic chip foundry and secured initial purchase orders, indicating growing traction in the market [12][14] Performance Metrics - Rigetti's shares have gained 2% year-to-date, while QUBT's shares have decreased by 2.4% [6] - Rigetti demonstrated a significant leap in error reduction with a 99.5% median two-qubit gate fidelity on its 36-qubit Ankaa-2 system [7] Future Roadmaps - Rigetti plans to develop a 336-qubit Lyra system and has a $250 million partnership with Quanta Computer to enhance chip production and cloud access [13] - QUBT is focusing on near-term adoption through its operational foundry and partnerships for practical applications in drug discovery and LIDAR processing [14] Financial Estimates - The Zacks Consensus Estimate for Rigetti's 2025 sales indicates an 18.63% year-over-year decline, while QUBT's estimates suggest a 34.1% growth [15][18] Investment Considerations - Both companies hold a Zacks Rank of 3 (Hold) and a Value Score of 'F', with Rigetti showing a Growth Score of 'B' and QUBT a Growth Score of 'C' [21][22]
QBTS Stock Before Q2 Earnings: Should You Buy Now or Wait?
ZACKS· 2025-07-28 20:01
Core Insights - D-WAVE QUANTUM (QBTS) is scheduled to report its second-quarter 2025 results on August 7, with projected revenues of $2.52 million, reflecting a year-over-year increase of 15.7% [1][7]. Financial Performance - The consensus estimate for QBTS's earnings is a loss of 7 cents per share, unchanged over the past 90 days, compared to a loss of 10 cents per share in the same quarter last year [2][3]. - QBTS's earnings have exceeded the Zacks Consensus Estimate in one of the last four quarters, missed twice, and matched once, with an average negative earnings surprise of 65.28% [1]. Revenue Drivers - The anticipated general availability (GA) launch of the Advantage2 system is expected to positively impact second-quarter performance, offering significant technical upgrades for complex optimization and AI problems [4]. - D-Wave may have experienced an expansion in customer wins and production use cases, building on previous deployments at Ford Otosan and Japan Tobacco, which could contribute to revenue growth [5]. - Increased focus on AI and blockchain partnerships is likely to be reflected in the second-quarter update, with potential commercial agreements emerging from new quantum-powered solutions [6]. Market Performance - QBTS shares surged 97.3% in Q2, outperforming the broader Zacks Computer and Technology sector's rise of 20.4% and the Internet - Software industry's increase of 25.1% [9]. - Despite the strong stock performance, QBTS is currently trading at a high forward price/sales (P/S) ratio of 162.47X, significantly above its median of 82.17X and the sector's 6.71X [12]. Sequential Revenue Trends - A sequential revenue decline is expected in Q2 due to a one-time $12.6 million system sale in Q1, with revenues likely normalizing primarily from recurring streams [8].
Better Quantum Computing Stock: IonQ vs. Rigetti Computing
The Motley Fool· 2025-07-27 19:09
Core Viewpoint - The quantum computing industry presents significant investment opportunities, with IonQ and Rigetti Computing as key players, each employing different technologies to develop quantum computers [1][2]. Company Summaries IonQ - IonQ utilizes ion-based technology for its quantum machines, which can operate at room temperature and have lower error correction rates, making scalability more feasible [10][12]. - The company reported a Q1 operating loss of $75.7 million on revenue of $7.6 million, an increase from the previous year's loss of $52.9 million [12]. - IonQ aims for revenue growth, projecting sales of $75 million to $95 million in 2025, a significant increase from 2024's revenue of $43.1 million, which saw a 95% year-over-year rise [12][17]. - IonQ's stock is considered a better value compared to Rigetti, despite its high price-to-sales (P/S) ratio exceeding 200 [15][17]. Rigetti Computing - Rigetti employs superconducting qubits, a well-established method that allows for faster calculations but requires expensive cryogenic equipment to maintain operational stability [5][7]. - The company faced a Q1 operating loss of $21.6 million on sales of $1.5 million, with a 52% year-over-year revenue decline [8]. - Rigetti executed a $350 million equity offering, resulting in a cash reserve of $575 million with no debt as of June 11, which is expected to support its operations in the short term [8][9]. - The stock's price-to-sales (P/S) ratio has surged, indicating it may be overpriced compared to IonQ [15]. Industry Insights - The quantum computing market was valued at $4 billion in 2024, with projections estimating growth to $72 billion by 2035, highlighting the industry's potential [16].