Workflow
Quantum Cybersecurity
icon
Search documents
Can RGTI's $5.7M Novera System Purchase Orders Signal Rising Demand?
ZACKS· 2025-10-08 17:50
Key Takeaways RGTI received $5.7M in orders for two 9-qubit Novera quantum computing systems.RGTI's customers include an Asian tech manufacturer and a California AI startup, with 2026 delivery.The orders validate RGTI's Fab-1 manufacturing model and modular system design for quantum R&D.Rigetti Computing (RGTI) has announced purchase orders worth approximately $5.7 million for two of its 9-qubit Novera quantum computing systems, marking a meaningful step toward commercial traction for its on-premises hardwa ...
Quantum eMotion Grants Stock Options to New COO of QeM America
Newsfile· 2025-10-06 20:56
Quantum eMotion Grants Stock Options to New COO of QeM AmericaOctober 06, 2025 4:56 PM EDT | Source: Quantum eMotion Corp.Montreal, Quebec--(Newsfile Corp. - October 6, 2025) - Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) announces the grant of 300,000 stock options to John Young, recently appointed Chief Operating Officer of QeM America.Each option is exercisable at $1.57 per share, vests quarterly over two years, and expires ten years from the date of grant, in accordance wit ...
QUBT Gains Commercial Traction With Quantum AI and Cybersecurity Deals (Revised)
ZACKS· 2025-09-16 14:51
Core Insights - Quantum Computing Inc. (QUBT) achieved significant sales milestones in Q2 2025, including the sale of its EmuCore reservoir computing device to a major global automotive manufacturer, showcasing its potential for machine learning applications [1][9] - The company also secured a $332,000 order from a top-five U.S. bank for its quantum communication system, which will be utilized to establish a Cybersecurity Quantum Optics Lab [3][4] Company Developments - QUBT's EmuCore device is built on a field-programmable gate array (FPGA) and is designed for secure, low-power machine learning, particularly for edge use cases [1] - The sale of the quantum communication system to the bank highlights the practical application of QCi's technology in enhancing cybersecurity through quantum encryption and authentication [3][4] - QUBT's stock has seen a remarkable increase of 2615.3% over the past year, significantly outperforming the industry growth of 46% and the S&P 500's 20.8% [7] Financial Metrics - QUBT currently trades at a forward 12-month Price-to-Sales (P/S) ratio of 2046.90X, which is substantially higher than the industry average of 5.50X, indicating a potentially expensive valuation [10] - The company's loss per share estimate for 2025 has decreased by 10 cents over the past 30 days, reflecting a downward trend in earnings expectations [11]
QUBT Gains Commercial Traction With Quantum AI and Cybersecurity Deals
ZACKS· 2025-09-10 14:41
Company Highlights - Quantum Computing Inc. (QUBT) sold its EmuCore reservoir computing device to a major global automotive manufacturer, showcasing its potential for machine learning and efficient AI model training [1][9] - QUBT received a $332 million purchase order from a top-five U.S. bank for its quantum communication system, which will be used to establish a Cybersecurity Quantum Optics Lab [3][4][9] - QUBT's shares have increased by 2615.3% over the past year, significantly outperforming the industry growth of 46% and the S&P 500's growth of 20.8% [7] Industry Developments - Rigetti Computing (RGTI) has expanded its international presence and launched a new four-chiplet system that significantly improved error rates and qubit fidelity [5] - D-Wave Quantum Inc. (QBTS) introduced its Advantage2 quantum computer with over 4,400 qubits and achieved major deployments, including optimizing production scheduling for Ford Otosan [6] Financial Metrics - QUBT currently trades at a forward 12-month Price-to-Sales (P/S) ratio of 2046.90X, compared to the industry average of 5.50X, indicating a high valuation [10] - The loss per share estimate for QUBT for 2025 has decreased by 10 cents in the past 30 days [11]
Should You Buy, Hold, Or Sell QUBT Stock Ahead of Q2 Earnings?
ZACKS· 2025-08-04 20:01
Core Insights - Quantum Computing Inc. (QUBT) is anticipated to report second-quarter 2025 results soon, with revenues expected to decline by 44.4% year over year to $0.10 million, and a loss per share projected at 6 cents, consistent with the previous year [1][6]. Group 1: Financial Performance - The Zacks Consensus Estimate for QUBT's second-quarter revenues is $0.10 million, reflecting a significant decline of 44.4% compared to the same quarter last year [1]. - The consensus estimate for the bottom line remains unchanged at a loss of 6 cents per share, which is the same as the loss reported in the year-ago quarter [1][2]. Group 2: Operational Developments - QUBT completed the construction of its thin-film lithium niobate (TFLN) photonic chip foundry in Tempe, marking a significant milestone in its transition to in-house fabrication, with modest revenue contributions expected in 2025 [3]. - The company has received five purchase orders, including a notable one from a top-five research institute, and is preparing for volume production [3]. - QUBT has expanded its quantum solutions through partnerships, including a collaboration with the Sanders Tri-Institutional Therapeutics Discovery Institute and a subcontract with NASA [4]. Group 3: Innovation and Market Expansion - In 2025, QUBT is focusing on broadening its market reach through innovation, having delivered its first commercial entangled photon source and secured a $332,000 order from a major U.S. bank for a quantum communication system [5]. - The company’s recent inclusion in the Russell 2000 and 3000 indexes has generated positive sentiment in the market [5]. Group 4: Challenges and Market Performance - Despite operational advancements, customer adoption of the Tempe foundry is still in early stages, which may result in modest revenue contributions in Q2 [6]. - Gross margin has declined to 33% from 41% year over year, indicating ongoing cost pressures as the company scales production [6][7]. - QUBT shares outperformed the broader market, surging 147% in the second quarter compared to the S&P 500's 10.7% gain [8]. Group 5: Investor Sentiment - The average target price for QUBT suggests a strong upside, as the stock is currently trading 24.7% below its average Zacks price target [11]. - Investor sentiment remains mixed due to early-stage revenue growth, gross margin pressures, and expected increases in operating expenses [13].
Quantum eMotion Expands Strategic Stake in Greybox Solutions to Capitalize on the Digital Therapeutics Surge
Newsfile· 2025-06-30 12:01
Core Insights - Quantum eMotion Corp. has converted $350,000 in debt into equity and made an additional investment of $350,000 in Greybox Solutions Inc., becoming the second-largest shareholder in the company [1][2] - This strategic investment reflects Quantum eMotion's confidence in Greybox's growth in the Remote Care Management and Digital Therapeutics sector, particularly following the launch of the TakeCareTM platform [2][4] - The digital therapeutics market is projected to grow at over 20% CAGR globally, indicating significant potential for both companies [4] Company Overview - Greybox Solutions is a Montreal-based health technology company focused on innovative software development aimed at improving patient care and addressing healthcare system challenges [5] - The TakeCareTM platform is designed to enhance the relationship between patients and healthcare teams, positioning Greybox as a leader in digital health [5] - Quantum eMotion specializes in cybersecurity solutions, leveraging its patented Quantum Random Number Generator technology to provide enhanced protection for critical systems [6][7] Strategic Partnership - The partnership between Quantum eMotion and Greybox Solutions is strengthened by Quantum's Sentry-Q cybersecurity platform, which secures the TakeCareTM platform [3][4] - The appointment of Quantum eMotion's CEO, Francis Bellido, to Greybox's Board of Directors is expected to enhance strategic alignment and access to a broader healthcare network [4] - This collaboration emphasizes the importance of building a trusted, quantum-safe infrastructure for the future of digital therapeutics [4]
Greybox Solutions Deploys TakeCare(TM) Digital Health Platform in Quebec-Secured by Quantum eMotion's Advanced Cybersecurity Technology
Newsfile· 2025-06-18 07:00
Core Insights - Quantum eMotion Corp. announced the deployment of its TakeCareTM digital health platform in Quebec, in partnership with Greybox Solutions, as part of a $4.9 million initiative to modernize rehabilitation services across Canada [1][2]. Company Overview - Greybox Solutions is a Montreal-based health technology company focused on innovative software development aimed at improving patient lives and addressing healthcare system challenges [3]. - Quantum eMotion Corp. specializes in cybersecurity solutions, leveraging its patented Quantum Random Number Generator to enhance protection for connected devices and critical systems [4]. Product Features - TakeCareTM introduces intelligent digital care pathways designed to reduce intake delays, eliminate redundant clinical assessments, and empower patients with real-time recovery plans [6]. - The platform emphasizes securing patient data, ensuring treatment integrity, and enhancing platform reliability through advanced cybersecurity measures [7]. Strategic Partnerships - The deployment of TakeCareTM follows a revenue-sharing agreement between Quantum eMotion and Greybox Solutions to co-secure digital health applications, setting a new benchmark for patient-centric digital therapeutics [2].
Quantum Computing Inc. Ships First Commercial Entangled Photon Source for Quantum Communication Research
Prnewswire· 2025-06-17 12:30
Core Insights - Quantum Computing Inc. (QCi) has successfully shipped its first commercial entangled photon source to a leading research institution in South Korea, marking a significant milestone in the company's transition of proprietary quantum technologies to commercial markets [1][4] Product Details - The entangled photon source is a broadband, standalone device built on Spontaneous Parametric Down-Conversion (SPDC) using a periodically-poled, bulk format lithium niobate (PPLN) structure, designed for stability and compatibility with existing fiber optics infrastructure [2] - It operates in the C-band telecommunication range and integrates seamlessly into research environments focused on advancing quantum communication protocols [2] Strategic Importance - The entangled photon sources are integral to QCi's quantum cybersecurity platform, which received the Edison Award in 2024, highlighting the technology's recognition and potential impact [3] - The shipment to Korea demonstrates the execution of QCi's strategy in servicing the versatile quantum market and reflects growing market interest in integrated quantum systems [4] Future Developments - QCi plans to further miniaturize and enhance future generations of entangled photon sources using thin-film lithium niobate (TFLN) technology at its U.S.-based foundry, indicating a commitment to innovation and scalability in quantum technologies [3]
Quantum eMotion Announces Upsized Brokered LIFE Financing of C$12,000,000
Globenewswire· 2025-05-30 18:35
Core Viewpoint - Quantum eMotion Corp. has announced an increase in its brokered private placement to C$12,000,000 due to heightened institutional demand, consisting of 8,000,000 units priced at C$1.50 each [1] Group 1: Offering Details - The offering will be conducted under the listed issuer financing exemption, allowing for immediate tradeability of the securities without a hold period under Canadian securities laws [3] - A.G.P. Canada Investments ULC is the sole bookrunner and agent for the offering, with A.G.P./Alliance Global Partners acting as the sole U.S. placement agent [2] - The expected closing date for the offering is around June 2, 2025, subject to necessary approvals [5] Group 2: Company Overview - Quantum eMotion aims to meet the growing demand for affordable security solutions for connected devices, leveraging its patented Quantum Random Number Generator for enhanced cybersecurity [7] - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, and Quantum Cryptography [7]
Quantum eMotion Finalizes QRNG Hybrid Chip Design, Commences Manufacturing with TSMC
Newsfile· 2025-05-26 17:53
Core Insights - Quantum eMotion Corp. has successfully completed and validated its first-generation Quantum Random Number Generator (QRNG) chip design, which is now in manufacturing with TSMC [1][2] - The QRNG chip utilizes quantum electron tunneling to produce random bits at high speeds, confirming its potential for cybersecurity applications [2][3] - The global QRNG chip market is projected to grow from approximately USD 150 million in 2024 to USD 2 billion by 2033, with a CAGR of 34.5% from 2026 to 2033 [5] Company Developments - The finalized QRNG chip design integrates an ultra-low-noise wideband amplifier and a high-precision analog-to-digital converter, validated by academic teams [3] - The chip is designed to generate over 1 Gbit/sec of true quantum random numbers and features built-in self-diagnostic capabilities [4] - Quantum eMotion aims to enhance digital security against emerging quantum threats with its patented QRNG technology [5][6] Market Potential - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, and Quantum Cryptography [7] - The QRNG chip's development aligns with the increasing demand for affordable security solutions for connected devices [6]