BTQ Technologies Partners with Mitacs: BTQ Technologies has been awarded a $158,000 Mitacs Elevate Postdoctoral Fellowship at the University of Toronto, supporting research on reducing resource requirements for quantum simulations to accelerate quantum computing advancements. Cutting-Edge Research in Quantum Algorithm Optimization: Led by Dr. Aleksei Uvarov and supervised by Professor Artur Izmaylov, the project will develop novel techniques, including LCU block encoding, tensor decomposition optimizations ...

Core Viewpoint - A class action lawsuit has been filed against Quantum Computing, Inc. (QCI) for allegedly making false and misleading statements regarding its technologies, relationships, and business dealings during the specified class period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the District of New Jersey on behalf of all individuals and entities who purchased QCI securities between March 30, 2020, and January 15, 2025 [1]. - Investors have until April 28, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against QCI - Defendants are accused of overstating the capabilities of QCI's quantum computing technologies, products, and services [3]. - The lawsuit claims that QCI exaggerated its relationship with NASA, including the nature and scope of NASA-related contracts and subcontracts [3]. - Allegations include overstating progress in developing a TFLN foundry and the scale of the purported TFLN foundry, as well as orders for QCI's TFLN chips [3]. - QCI's business dealings with Quad M and millionways are claimed to qualify as related party transactions, which were not disclosed [3]. - The lawsuit suggests that QCI's revenues were partially reliant on undisclosed related party transactions [3]. - The revelations from the lawsuit are expected to have a significant negative impact on QCI's business and reputation [3]. - Overall, the public statements made by the defendants are claimed to have been materially false and misleading throughout the relevant period [3].

Core Insights - The quantum computing market is poised for significant growth, with a projected compound annual growth rate (CAGR) of 20.5% from 2025 to 2030 [2] - IonQ and Microsoft are highlighted as two investment opportunities in the quantum computing sector, each representing different risk profiles [3] Company Insights: IonQ - IonQ offers three quantum computers: the Aria system, the Forte system, and the Forte Enterprise system, with plans to launch the Tempo system in 2024 [4] - The company is focused on reducing the size of quantum processing units (QPUs) using proprietary "trapped ion" technology, aiming for cheaper and more accurate quantum computers [5] - IonQ's total quantum computing power, measured in algorithmic qubits (AQ), is expected to grow from 36 AQ in 2024 to 1,024 AQ by 2028, with gate fidelity improving from 99.9% to 99.95% [6] - IonQ anticipates a revenue growth of 75%-93% in 2024, projecting revenues of $38.5 million to $42.5 million, with further increases to $83.2 million in 2025 and $153.3 million in 2026 [7] - Despite impressive growth, IonQ is expected to remain unprofitable in the near term, with a high enterprise value of $6.53 billion, trading at 43 times its 2026 sales [8] Company Insights: Microsoft - Microsoft is recognized as a leader in cloud and AI, making strides in the quantum computing market with the introduction of the Majorana 1 chip, which can accommodate eight topological qubits [9][10] - The Majorana chips are expected to be able to deliver up to a million qubits of processing power when chained together, indicating that useful quantum computers may be closer to realization than previously thought [11] - Microsoft plans to integrate these chips into its cloud infrastructure and AI ecosystems, enhancing its service offerings in the future [12] - Analysts project a CAGR of 14% for Microsoft's revenue and EPS from fiscal 2024 to fiscal 2027, with the stock being reasonably valued at 27 times next year's earnings, making it a lower-risk investment in the quantum computing space [13]

Core Viewpoint - A securities fraud lawsuit has been filed against Quantum Computing Inc. and certain executives, alleging misleading statements regarding the company's technology capabilities and business relationships [1][2]. Group 1: Allegations of Misconduct - The lawsuit claims that defendants overstated the capabilities of Quantum Computing Inc.'s quantum computing technologies, products, and services [2]. - It is alleged that the defendants misrepresented the nature and scope of Quantum Computing Inc.'s relationship with NASA, including contracts and subcontracts [2]. - The lawsuit also states that the company exaggerated its progress in developing a TFLN foundry and the scale of its purported TFLN foundry and chip orders [2]. - Business dealings with Quad M and millionways are claimed to be related party transactions, which were not disclosed [2]. - The revenues of Quantum Computing Inc. were reportedly reliant on undisclosed related party transactions, which could negatively impact the company's business and reputation once revealed [2]. - The public statements made by the defendants are described as materially false and misleading throughout the relevant period [2]. Group 2: Investor Information - Investors who purchased Quantum Computing Inc. common stock between March 30, 2020, and January 15, 2025, and have experienced a decline in share value may be eligible to participate in the lawsuit [3]. - The deadline for seeking appointment as lead plaintiff is April 28, 2025, and a class has not yet been certified [4]. - Investors are encouraged to contact Block & Leviton for more information regarding their potential claims [4]. Group 3: Whistleblower Information - Individuals with non-public information about Quantum Computing Inc. are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, which may offer rewards of up to 30% of any successful recovery [5]. Group 4: Legal Representation - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors and representing many top institutional investors [6].

Core Themes - The stock market is currently driven by advancements in artificial intelligence (AI) and quantum computing, which are seen as complementary technologies that can significantly enhance efficiency and solve complex problems [1][2] Investment Opportunities - Microsoft and Alphabet are highlighted as two companies that have shown strong earnings growth and are well-positioned to benefit from the AI and quantum computing revolutions [3] Microsoft Overview - Microsoft has a market value exceeding $3 trillion and has consistently delivered long-term earnings growth, with a notable increase in return on invested capital (ROIC) [4] - The company has a robust AI business, reporting an annual revenue run rate of over $13 billion, reflecting a year-over-year increase of more than 175% [5] - Microsoft is advancing in quantum computing with its Majorana 1 quantum chip, which aims to solve significant problems in years rather than decades, utilizing a new type of qubit for enhanced processing power [6][7] Alphabet Overview - Alphabet, known for its Google Search with a market share of about 90%, has also demonstrated consistent earnings growth and has expanded into AI and quantum computing [8][9] - The company is generating AI revenue through its cloud computing services and is enhancing its search capabilities with its large language model, Gemini [10] - Alphabet's latest quantum chip, Willow, has achieved significant milestones, including error reduction and performing computations in minutes that would take classical computers an impractical amount of time [11][12]

Core Points - Quantum eMotion Corp. has successfully closed a private placement raising total gross proceeds of C$10,000,000 by issuing 13,333,333 units at a price of C$0.75 per unit [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$1.10 for three years [2] - The net proceeds will be used to accelerate research and development efforts, expand the R&D team, hire staff for commercialization initiatives, and for general working capital needs [3] Financial Details - The Agent received a cash fee of 6.5% of the gross proceeds and was issued non-transferable warrants representing 5.0% of the total units issued, with each warrant allowing the purchase of a common share at C$0.88 for 30 months [5] - The securities issued are expected to be immediately freely tradeable and not subject to a hold period under Canadian securities laws [4] Company Overview - Quantum eMotion Corp. focuses on providing affordable hardware and software security for connected devices, leveraging its patented Quantum Random Number Generator for enhanced cybersecurity solutions [7] - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Government Networks, and Quantum Cryptography [8]

Company Overview - Quantum eMotion Corp. (QeM) is focused on providing affordable hardware and software security solutions for connected devices, leveraging its patented Quantum Random Number Generator technology [6]. - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks, Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics), and Quantum Cryptography [7]. Offering Details - QeM has announced an increase in its brokered private placement to C$10,000,000, consisting of 13,333,333 units priced at C$0.75 per unit, due to heightened institutional demand [1]. - The offering is conducted under the listed issuer financing exemption (LIFE Exemption) as per National Instrument 45-106 [1]. - The closing of the offering is expected to occur around February 24, 2025, subject to necessary approvals [4]. Securities Information - The securities issued under the LIFE Exemption will be immediately freely tradeable and not subject to a hold period under Canadian securities laws [2]. - The units may also be offered in the United States under exemptions from registration requirements of the U.S. Securities Act [2].

Core Viewpoint - Quantum eMotion Corp. is conducting a brokered private placement to raise C$6,000,000 through the issuance of 8,000,000 units at a price of C$0.75 per unit, aimed at enhancing its research and development efforts and commercialization initiatives [1][3]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at C$1.10 for three years [2]. - The closing of the offering is expected around February 24, 2025, subject to regulatory approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to accelerate research and development, expand the R&D team, hire staff for commercialization, and cover general working capital needs [3]. Group 3: Agent Compensation - Agents involved in the offering will receive a cash fee of 6.5% of the gross proceeds and non-transferable warrants representing 5.0% of the total units issued, with each warrant allowing the purchase of a common share at C$0.88 for 30 months [7]. Group 4: Company Overview - Quantum eMotion Corp. focuses on providing affordable hardware and software security solutions for connected devices, leveraging its patented Quantum Random Number Generator for enhanced cybersecurity [9]. - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, Government Networks, and Quantum Cryptography [10].

VANCOUVER, BC, Feb. 20, 2025 /PRNewswire/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") is proud to announce a major advancement in its Quantum Preparedness Assessment (QPA) product, now fully integrated with an industry-standard Risk Management Framework (RMF). Leveraging AI-driven automation, this QPA solution enables organizations to efficiently assess, strategize, and prepare for quantum security threats with greater accuracy and speed than eve ...

Core Insights - Krown Technologies has launched Excalibur, the world's first quantum-secured crypto cold wallet, utilizing Quantum eMotion's QRNG technology, enhancing digital asset security significantly [1][4][5] Product Features - Excalibur is designed to protect digital assets from advanced cyber threats, including those from quantum computing, and is compact, similar in size to a thumb drive [2][6] - The wallet employs quantum randomness for cryptographic security, ensuring unpredictable private keys [6] Collaboration and Licensing - Krown Technologies has secured a five-year, non-exclusive global license to integrate Quantum eMotion's QRNG technology into blockchain applications, with a revenue-sharing model for commercialization [3][5] Market Impact - The introduction of Excalibur is expected to reduce monetary loss risk by up to 98% compared to traditional cold wallets, addressing the growing demand for enhanced crypto security [5] Availability and Community Engagement - Krown Technologies is finalizing the design of Excalibur, with prototype testing to begin soon, and is currently conducting an ICO Pre-Sale for Krown Coin [7][8] Company Background - Krown Technologies aims to revolutionize the crypto industry with quantum-enhanced security and a comprehensive blockchain ecosystem [9] - Quantum eMotion focuses on providing affordable security solutions for connected devices, leveraging its patented Quantum Random Number Generator [10]