Core Insights - Quantum computers have the potential to revolutionize industries by performing complex calculations much faster than current supercomputers [1] - D-Wave Quantum and IonQ are two companies in the quantum computing sector that present intriguing investment opportunities, but their performance and strategies differ significantly [2] D-Wave Quantum - D-Wave's stock has increased over 90% in 2025, reaching a 52-week high of $19.77 in May, driven by a 509% year-over-year increase in Q1 revenue to $15 million, surpassing its total sales of $8.8 million for all of 2024 [4][5] - The revenue surge was attributed to the first sale of its proprietary Advantage quantum machine, shifting from a previous reliance on quantum computing as a service (QCaaS) [5] - D-Wave's Q1 operating loss improved to $11.3 million from $17.5 million in 2024, with total assets of $325.6 million, including $304.3 million in cash, and liabilities of $118.2 million [6] - The company has sufficient cash reserves, approximately $815 million after an equity offering, to sustain operations until profitability, with some funds allocated for acquisitions [7] IonQ - IonQ's stock performance has been less impressive, with a 9% increase through July 9, attributed to disappointing Q1 results [8] - Q1 revenue was flat at $7.6 million compared to 2024, while operating losses increased to $75.7 million from $52.9 million the previous year [9] - IonQ maintains a strong balance sheet with total Q1 assets of $850.1 million and liabilities of $85 million, and announced a $1 billion equity offering to bolster finances [10] - The company is focused on building a quantum computing network, which is costly and requires acquiring various capabilities, such as the recent acquisition of Lightsynq Technologies [11] Comparative Analysis - D-Wave claims to be the sole provider of both quantum gate technology and quantum annealing, while IonQ is pursuing a network-building strategy [12] - The long-term success of either company remains uncertain, with potential competition from larger players like Microsoft [13] - D-Wave's impressive Q1 results may not be sustainable, as they represent a shift from its traditional revenue model [14] - IonQ, despite a slow start in 2025, reported a 95% year-over-year revenue growth to $43.1 million by the end of 2024 and projects sales between $75 million and $95 million for 2025 [15] - Valuation metrics indicate that both D-Wave and IonQ have higher price-to-sales (P/S) ratios compared to Microsoft, suggesting potential overvaluation [16] Investment Strategy - Given the high valuations and uncertainty in the quantum computing sector, it may be prudent to wait for Q2 earnings reports to assess the sustainability of D-Wave's Q1 results and IonQ's recovery potential [18]

Core Insights - Quantum computing is emerging as a significant trend in the market, with potential for wider adoption in the coming years, although widespread commercial use is still a few years away [1][2] - Investing in quantum computing requires identifying leading companies before they gain traction, while avoiding early investments that may not yield immediate returns [2] Group 1: Major Players in Quantum Computing - Alphabet initiated the quantum computing arms race with its Willow quantum computing chip, which completed a task in five minutes that would take a supercomputer 10 septillion years, showcasing the chip's operational accuracy [4] - The Willow chip achieved a 99.8% two-qubit gate fidelity, highlighting the importance of accuracy in quantum computing calculations [5] - Microsoft is also heavily invested in quantum computing, developing the Majorana 1 quantum computing chip, which allows precise control of qubits, addressing current accuracy challenges [9][10] Group 2: Pure-Play Quantum Computing Company - IonQ is a pure-play quantum computing company with no backup plan, relying solely on its quantum computing relevance [11] - IonQ employs a trapped-ion approach with all-to-all connectivity, achieving an industry-leading 99.9% two-qubit gate fidelity, and operates at room temperature, which could facilitate wider deployment [12] - Despite its innovative technology, IonQ is still far from generating meaningful revenue, making it a high-risk investment opportunity [13]

VANCOUVER, British Columbia, July 10, 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 the successful development of its first quantum computing prototype consisting of a framework for the rapid analysis and processing of large datasets for its AI drone solutions. Using weather fore ...

Core Viewpoint - Wall Street is increasingly optimistic about Rigetti Computing, a leader in quantum computing, as recent strategic and financial moves have improved its outlook significantly [2][3][11] Financial Health - Rigetti completed a $350 million stock offering in June 2025, enhancing its cash position to approximately $575 million with no debt [4][11] - This financial strength provides a long operational runway, allowing the company to focus on technology development without immediate fundraising pressures [5][13] Analyst Ratings - Cantor Fitzgerald initiated coverage on Rigetti with an Overweight rating and a price target of $15.00, joining at least five other firms with a unified Buy rating [2][3] - The average 12-month price target from analysts is $14.20, indicating potential upside from the current price [3] Strategic Partnerships - Rigetti is building a robust ecosystem of partnerships, including a foundational manufacturing collaboration with Quanta Computer to tackle complex quantum systems [6] - The company is involved in significant projects like the DARPA Quantum Benchmarking initiative and is leading efforts to advance quantum error correction in the UK [7][8] Market Position - Despite a short interest of approximately 20%, indicating some bearish sentiment, the strong analyst consensus and institutional investment inflows counter this view [9][10] - Rigetti's strategic ecosystem and partnerships provide a credible roadmap for commercialization, positioning the company favorably for long-term success [10][11]

Core Insights - Rigetti Computing (NASDAQ: RGTI) has seen a significant stock price increase of 15% on July 2, contributing to a nearly 70% rise over the past four months, following Cantor Fitzgerald's initiation of coverage with an Overweight rating and a $15 price target, indicating a potential further increase of about 19% from current prices [2][3] Company Overview - Rigetti specializes in quantum computing, developing superconducting quantum processors and offering cloud-based Quantum Computing as a Service (QCaaS) [4] - The company is advancing its technology with the Ankaa-3, an 84-qubit system, and aims to transition to multi-chip modules, targeting machines with over 100 qubits and the 336-Qubit Lyra by 2026 [4] Financial Performance - Despite technological advancements, Rigetti is still in the research and development phase, with CEO Subodh Kulkarni stating that commercial demand is expected to be 3–5 years away, and widespread adoption could take up to a decade [5] - The company reported a 50% year-over-year revenue decline in Q1 2025, with revenue at $1.5 million and operating losses of $21.6 million [6] Competitive Landscape - Rigetti's end-to-end approach provides flexibility in chip design and cloud access, enhancing its competitive position against rivals like IBM, IonQ, and Google [7] - The partnership with Quanta is expected to bolster commercialization potential, although competition is intensifying with advancements from Google's Willow chip and Amazon's Quantum Embark program [7] Investment Considerations - Rigetti is well-funded with over $575 million in cash, supported by a $350 million equity capital raise and a $250 million partnership with Quanta, and has no debt [6] - The company's valuation is notably high, trading at 478 times the expected sales for 2025, indicating a speculative investment environment [6][8]

Company Overview - BTQ Technologies Corp. is a global quantum technology company focused on securing mission-critical networks and is accelerating the transition from classical networks to the quantum internet [5] - The company is backed by a broad patent portfolio and delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for various sectors including finance, telecommunications, logistics, life sciences, and defense [5] Appointment of Dr. Sean Kwak - Dr. Sean Kwak has been appointed as a Strategic Advisor to BTQ Technologies, bringing extensive experience in applied quantum technology [1][4] - He established Korea's first private quantum research lab at SK Telecom in 2011 and led the development of the country's premier telco quantum-security program [2] - Kwak's previous roles include Executive Vice President at ID Quantique and CEO of Genesis Quantum Inc., focusing on commercializing quantum key distribution technologies [3] Strategic Goals and Contributions - Dr. Kwak's mandate at BTQ includes spearheading market operations in Korea, forming partnerships with leading telecom and defense organizations, and advising on the rollout of post-quantum cryptography and quantum communication products across the Asia-Pacific region [4][8] - His expertise in quantum R&D and commercialization is expected to enhance BTQ's ability to scale current and future products, reinforcing the company's mission to accelerate quantum advantage [4]

Rigetti stock isn't an investment, but a gamble.Rigetti Computing (RGTI 15.45%) surged ahead to close up 15.5% Wednesday after investment bank Cantor Fitzgerald initiated coverage of the quantum computing stock with an outperform rating (i.e., buy) and a $15 price target -- which, if correct, implies Rigetti stock could go up another 20% over the next 12 months. Quantum investing"Quantum computing is in its infancy," explains Cantor in a note covered on StreetInsider.com today, "but remains one of the most ...

Rigetti Computing RGTI is back in the spotlight. After a punishing stretch in 2022 and 2023, the quantum computing firm has staged a remarkable turnaround—its stock soaring more than 1,000% over the past year. Now, Wall Street is starting to take notice. On Wednesday, Cantor Fitzgerald analyst Troy Jensen initiated coverage on Rigetti with an Overweight rating and a bullish $15 price target.Although the stocks have all experienced meaningful appreciation and are trading at steep valuations based on any near ...

Quantum computing leader Rigetti Computing Inc (NASDAQ:RGTI) is surging this morning, up 8.3% at $12.27 at last look, after Cantor Fitzgerald initiated coverage on the equity with an "overweight" rating and $15 price target. Though the firm acknowledged that quantum computing technology is in its early stages in general, it also said the sector represents "one of the most highly coveted technical milestones." Cantor is joining an already optimistic pool of five covering analysts, which all sport a "buy" or ...

I’ve written about IonQ (NYSE: IONQ ) last year, and that has done pretty well for my readers. I recognized the company making moves, improving its technology, and pushing closer to commercialization. In my view, things at the company seem toNine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands a ...