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BTQ Shares Jump As Co-Founders Lead Full-Time Push Into Quantum Security
Yahoo Finance· 2025-10-07 13:44
BTQ Technologies Corp. (NASDAQ:BTQ) stock rose Tuesday after the company revealed that co-founders Sean Hackett and Zach Belateche have joined full-time to drive the deployment of its post-quantum cryptography solutions. The news deepens confidence in BTQ's roadmap for quantum-secure infrastructure. Anne Reinders continues as head of cryptography, overseeing the evolution of the company's algorithmic offerings. BTQ also recently began trading its common shares on the Nasdaq Global Market under the symbo ...
D-Wave Quantum Sees Solid Funding, Expansion and Growth in 2025
ZACKS· 2025-10-01 14:16
Key Takeaways D-Wave Quantum formalized a cryogenic packaging initiative with NASA JPL to scale its processors.The company raised $400M via an equity offering, boosting cash reserves and financial flexibility.D-Wave reported an 83% jump in APAC bookings, highlighted by its first Qubits Japan 2025 conference.D-Wave Quantum’s (QBTS) profits are being driven by its new technology and growing customer adoption. In July 2025, the company formalized a strategic development initiative for advanced cryogenic packag ...
Quantum Computing Inc. Debuts Revolutionary Quantum Secure Solution at ECOC 2025
Prnewswire· 2025-09-29 12:30
Core Insights - Quantum Computing Inc. (QCi) is set to showcase its Quantum Secure Solution at the European Conference on Optical Communication (ECOC) 2025, marking a significant advancement in quantum communications [1][2] - The Quantum Secure Solution utilizes high-dimensional time-energy entangled quantum modes, offering enhanced data density, scalability, and noise resilience while operating at room temperature and being compatible with existing telecom infrastructure [2][3] Company Overview - QCi is an innovative company focused on integrated photonics and quantum optics technology, providing accessible and affordable quantum machines designed to operate at room temperature and low power [5] - The company's portfolio includes technologies aimed at high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [5] Technological Significance - The Quantum Secure Solution is designed to secure sensitive data against current and future quantum threats, providing a commercially viable platform for government, telecom, and enterprise networks [3][4] - The technology aims to add layers of privacy and security to enterprise and government operations, addressing increasing cybersecurity threats that can lead to significant economic damages [4]
Will C-DAC Collaboration Help RGTI Unlock India's Quantum Market?
ZACKS· 2025-09-03 18:26
Group 1 - Rigetti Computing (RGTI) has signed a memorandum of understanding (MOU) with India's Centre for Development of Advanced Computing (C-DAC) to co-develop hybrid quantum computing systems, integrating Rigetti's superconducting quantum processors with classical computing resources [1][6] - The partnership will extend beyond hardware to include joint research in cryogenic electronics, processor fabrication, and quantum education programs, which may diversify Rigetti's revenue opportunities and broaden its talent pipeline [2][6] - Rigetti's collaboration with C-DAC aligns with India's ChipIN semiconductor program and reflects the company's strategy to leverage government partnerships to expand access to quantum technologies [1][2] Group 2 - Rigetti's shares have gained 1.7% year-to-date, while the industry has grown by 19.4% [5] - The company trades at a price-to-book ratio of 9.08, which is above the industry average, and carries a Value Score of F [8] - The Zacks Consensus Estimate for Rigetti's 2025 earnings indicates a significant 86.1% rise from the previous year [10]
Scope Technologies Announces Full Launch of New QSE Group Website Designed to Drive User Acquisition and Simplify Quantum Security Adoption
Prnewswire· 2025-07-31 12:00
VANCOUVER, BC, July 31, 2025 /PRNewswire/ --Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") is pleased to announce the official launch of the fully redesigned website for its QSE Group division, now live at www.qse.group. Following the initial preview shared earlier this year, the launch marks the completion of a site built from the ground up to support QSE's growing user base, enhance the onboarding experience, and accelerate conversions across its qua ...
Scope Technologies Expands Product Leadership with Appointment of Andrew Knight as Vice President of Product
Prnewswire· 2025-07-10 12:00
Core Insights - Scope Technologies Corp. has appointed Andrew Knight as Vice President of Product, bringing nearly two decades of experience from top-tier technology firms like Microsoft and Electronic Arts [1][2][3] Company Overview - Scope Technologies specializes in quantum security and machine learning, providing next-generation solutions in data security, quantum encryption, and neural networks [9] - The company’s flagship product is QSE, a quantum-resilient security platform designed to protect organizations against current and emerging cybersecurity threats [2][6] Leadership and Strategy - Andrew Knight will lead the growth and expansion of QSE, focusing on product strategy during a critical industry transformation [2][6] - The CEO of Scope Technologies emphasized the importance of Knight's leadership in aligning technology, operations, and strategic partnerships to evolve QSE's architecture [6] Product Development - Knight's role will include overseeing the development of QSE's features, ensuring its cryptographic and cloud-native infrastructure meets the demand for quantum-resilient solutions [6][7] - The company aims to deepen its market presence in quantum-proof technologies, reinforcing its commitment to delivering trusted products [7] Background of Andrew Knight - Knight has a distinguished career with experience in technical leadership and innovation, having previously worked at Microsoft and Electronic Arts [3][4][5] - His expertise includes aligning external partnerships with internal development processes, which will be crucial for Scope Technologies as it scales its business [5][6]
Quantum Emotion Announces an Amendment to Its Stock Option Plan
Newsfile· 2025-07-03 22:45
Group 1 - Quantum eMotion Corp. has amended its stock option plan to increase the maximum number of common shares reserved for issuance from 15,000,000 to 24,750,000, which was approved by the Board and ratified by shareholders [1] - The amendment aims to clarify certain terms of the stock option plan and ensure compliance with TSX Venture Exchange policies [1] - The company is focused on developing quantum-secure technologies, particularly in the field of cybersecurity [2] Group 2 - Quantum eMotion targets high-value sectors including Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks, and Secure Device Keying [3] - The company utilizes a patented Quantum Random Number Generator to enhance security for connected devices, leveraging the unpredictability of quantum mechanics [2]
CORRECTION FROM SOURCE: Quantum eMotion Announces Successful Completion of Quantum Simulation Project Evaluating Sentry-Q Cryptographic Architecture
Newsfile· 2025-06-27 16:16
Core Insights - Quantum eMotion Corp. has successfully completed an internal quantum simulation project to assess its cryptographic architecture [3][4] - The project utilized IBM's Qiskit framework to simulate Grover's algorithm, focusing on the security of symmetric encryption enhanced by the company's Quantum Random Number Generator (QRNG) [4][8] - The results indicate that the integration of QRNG-generated entropy provides strong resistance to quantum attacks, supporting the company's security-by-design approach [6][8] Company Overview - Quantum eMotion Corp. specializes in quantum-secure technologies and aims to meet the growing demand for affordable security solutions for connected devices [9][10] - The company has developed a patented Quantum Random Number Generator that leverages quantum mechanics to enhance cybersecurity for high-value assets and critical systems [9][10] Project Details - The benchmarking project was conducted in collaboration with PINQ², a non-profit organization that provides access to quantum and classic computing resources [4][7] - Future development will include hybrid testbenches and real-time emulation of cryptographic architectures enhanced with QRNG under constrained computing conditions [6] Technical Findings - Simulations showed that the success rate of Grover's algorithm decreases significantly with larger key sizes, making attacks infeasible with foreseeable quantum hardware at projected real-world key sizes (e.g., 256 bits) [8] - The integration of QRNG appears to increase oracle complexity and circuit depth, suggesting a higher computational burden for potential quantum attackers [8]
Breakthrough Quantum Chip Promises to Bring Industrial-Scale Computing Sooner Than Expected
Prnewswire· 2025-02-27 14:33
Core Insights - Microsoft Corporation has introduced a new quantum chip, Majorana 1, claiming that powerful quantum computers will be available in years rather than decades, countering NVIDIA's CEO Jensen Huang's conservative timeline [1][11] - The global landscape is shifting as countries, particularly China, advance their quantum strategies, raising concerns about data security and the need for future-proof cryptography [1][2] - The U.S. Government Accountability Office has highlighted the urgency for preparedness against quantum-computing cyberattacks, with analysts estimating quantum's economic impact could reach $2 trillion by 2035 [2] Company Developments - Scope Technologies Corp. has launched an AI-Enhanced Quantum Preparedness Assessment (QPA) integrated with a Risk Management Framework, enabling organizations to assess and prepare for quantum security threats more effectively [3][7] - Scope Technologies has completed a $1.8 million private placement and secured $1 million in debt financing from First Majestic Silver, totaling $2.8 million in new funds [9] - Nokia Oyj has emphasized the importance of quantum-safe networks for critical industries and appointed a new CEO to enhance its AI business [13][14] Industry Trends - Recent advancements in quantum computing, such as Google's Willow chip and Microsoft's Majorana 1, indicate a rapid progression towards practical applications [5][11] - The emergence of quantum security solutions is becoming critical as traditional encryption methods face vulnerabilities from quantum threats, including "Harvest Now, Decrypt Later" attacks [4][6] - D-Wave Quantum Inc. has developed a commercial hybrid-quantum application for optimizing agricultural operations, showcasing real-world applications of quantum computing [16][18]