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Quantum Computing, Inc. Announces Key Leadership Promotions to Support Growth Strategy
Prnewswire· 2025-05-08 20:01
Core Insights - Quantum Computing Inc. (QCi) has promoted Milan Begliarbekov to Chief Operating Officer and Pouya Dianat to Chief Revenue Officer to support the company's strategic growth and commercialization efforts [1][2] - The promotions come after the completion of QCi's quantum photonic chip foundry construction and the successful execution of its pilot chip sales initiative [1][7] Leadership Changes - Milan Begliarbekov, previously the Director of Quantum Foundry, will oversee day-to-day operations, drive manufacturing efficiency, and manage the development of advanced photonic circuits for quantum computers in his new role [3][4] - Pouya Dianat, formerly the Director of Photonic Integrated Circuits, will focus on global commercial strategy, customer acquisition, and revenue expansion across QCi's offerings as Chief Revenue Officer [5][6] Strategic Growth - The company aims to strengthen its leadership team to effectively execute its strategy, particularly in the datacom and telecom sectors, where there is increasing demand for high-performance TFLN solutions [7] - QCi's quantum photonic chip foundry in Tempe, Arizona, completed construction in March 2025, with an upgraded ISO certification finalized ahead of schedule, positioning the company to meet global demand for TFLN photonic chips [7][9] Market Positioning - QCi provides accessible and affordable quantum machines and TFLN foundry services, with products designed to operate at room temperature and low power [9] - The company's technologies offer unique capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications [9]
First Quantum Minerals Announces Voting Results for the Election of Directors
GlobeNewswire News Room· 2025-05-08 20:01
Core Points - First Quantum Minerals Ltd. announced the election of directors during the 2024 Annual Meeting of Shareholders, with a total of 715,082,417 shares voted, representing 85.72% of the issued and outstanding shares [1] Group 1: Election Results - Alison C. Beckett received 619,762,765 votes in favor, accounting for 88.35% of the votes cast [2] - Peter Buzzi received 700,739,328 votes in favor, accounting for 99.89% of the votes cast [2] - Geoff Chater received 610,971,586 votes in favor, accounting for 87.09% of the votes cast [2] - Kathleen A. Hogenson received 691,376,822 votes in favor, accounting for 98.55% of the votes cast [2] - C. Kevin McArthur received 596,731,045 votes in favor, accounting for 85.06% of the votes cast [2] - Juanita Montalvo received 701,484,017 votes in favor, accounting for 99.99% of the votes cast [2] - Brian Nichols received 701,304,409 votes in favor, accounting for 99.97% of the votes cast [2] - A. Tristan Pascall received 701,400,348 votes in favor, accounting for 99.98% of the votes cast [2] - Simon J. Scott received 701,439,443 votes in favor, accounting for 99.95% of the votes cast [2] - Hanjun (Kevin) Xia received 701,185,051 votes in favor, accounting for 99.95% of the votes cast [2]
2 Quantum Computing Stocks Surging on Strong Revenue
Schaeffers Investment Research· 2025-05-08 16:20
D-Wave Quantum Inc (NYSE:QBTS) and IONQ Inc (NYSE:IONQ) are surging today, after both quantum computing companies reported smaller-than-expected losses for the first quarter, as well as revenue beats. IONQ also scored a price-target hike from Morgan Stanley to $30 from $29, while Needham lowered its price objective to $50 from $54.QBTS was last seen up 39.9% at $9.64, gapping above former pressure at the $8 level and trading at its highest level since late March. Shares are bouncing off steady support from ...
Quantum Computing Inc. to Host First Quarter 2025 Shareholder Call on Thursday, May 15, 2025
Prnewswire· 2025-05-06 20:01
HOBOKEN, N.J., May 6, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company will host a conference call and webcast on Thursday, May 15, 2025 at 4:30 p.m. Eastern Time to review the Company's operational progress for the first quarter ended March 31, 2025. The Company will release its first quarter 2025 financial results that day after the market closes. A replay of the ...
D-Wave Quantum: Hidden Opportunity or Short Seller's Dream?
MarketBeat· 2025-05-06 14:05
D-Wave Quantum Today QBTS D-Wave Quantum $7.02 -0.27 (-3.64%) 52-Week Range $0.75 ▼ $11.95 Price Target $8.42 Add to Watchlist D-Wave Quantum Inc. NYSE: QBTS is among the most talked-about firms in a heavily hyped industry. Quantum computing companies, D-Wave plus rivals like Rigetti Computing Inc. NASDAQ: RGTI and legacy computing firm International Business Machines NYSE: IBM, could usher in a new way for humans to interact with and use technology. Successful applications of quantum computers, although fe ...
2 Quantum Computing Stocks With Explosive Upside Potential
The Motley Fool· 2025-05-06 10:30
Industry Overview - Quantum computing represents a rare ground-floor investment opportunity with transformative potential across various industries [2][3] - The quantum computing market is rapidly expanding, projected to grow from approximately $1 billion in 2024 to over $12 billion by 2032 [5] Company Analysis: IonQ, Inc. - IonQ specializes in trapped-ion quantum computing, offering superior coherence times and fidelity compared to superconducting methods, which is critical for complex calculations [6] - IonQ's stock is currently trading 40% below its 52-week high, presenting a potential entry point for risk-tolerant investors [7] - The company has formed strategic partnerships with major cloud providers, although it continues to operate with significant quarterly losses [7][9] - IonQ is considered a high-risk, high-reward investment, suitable for long-term investors [8][9] Company Analysis: D-Wave Quantum - D-Wave is focusing on quantum annealing technology, which is already solving complex optimization problems for over 100 commercial customers [11] - The stock is trading roughly 30% below its 52-week high, offering a tactical entry point for investors [10] - D-Wave faces challenges from better-funded rivals and requires additional capital to scale, but its specialized focus on immediate business value positions it for substantial revenue growth [12][13]
2 Quantum Computing Stocks to Buy Right Now
The Motley Fool· 2025-05-04 15:30
Industry Overview - Quantum computing is on the verge of transforming technology, with its concept proposed by Richard Feynman in 1981, highlighting the limitations of classical computers in simulating quantum systems [1] - Quantum computers utilize principles of quantum mechanics, such as superposition and entanglement, to perform complex calculations rapidly, enabling advancements in various fields including drug discovery, materials science, financial modeling, and AI optimization [2] - The quantum computing market is projected to grow from $1.2 billion in 2024 to $12.6 billion by 2032, representing a compound annual growth rate of 35%, indicating a significant investment opportunity [4] Company Analysis: Amazon - Amazon has established a strong presence in quantum computing through its cloud division, AWS, which launched Amazon Braket in 2019, allowing developers to access various quantum hardware platforms [6] - AWS introduced Ocelot, its first in-house quantum chip, in February 2025, designed to address quantum error correction, reducing resource requirements by up to 90% compared to conventional methods [7][8] - Amazon's strategy minimizes technological risk while leveraging its dominant cloud market position, positioning AWS to benefit as enterprises explore quantum applications [9] Company Analysis: IBM - IBM is a leader in quantum computing, with a commitment to invest $150 billion in America over five years, including over $30 billion for R&D in quantum technology [10] - The deployment of the 1,121-qubit Condor processor and the 133-qubit Heron processor marks significant advancements, with Heron demonstrating the ability to execute circuits with 5,000 two-qubit gates [11] - IBM's roadmap extends through 2033, with plans for powerful systems capable of executing complex quantum circuits, including the Starling processor in 2029 and Blue Jay in 2033 [12] - IBM's focus on both quantum hardware and cloud-based services provides multiple revenue opportunities as the industry shifts from experimental to commercial applications [13]
Why D-Wave's Project With Davidson Is a Game-Changer For Quantum
MarketBeat· 2025-04-30 15:32
Down about 8% in the last month, quantum computing firm D-Wave Quantum Inc. NYSE: QBTS is a leader in an industry hit hard by the escalating trade war between the United States and China. While the recent slump may present an opportunity for investors to buy this quantum industry standout, there are now two schools of thought surrounding QBTS shares. D-Wave Quantum TodayQBTSD-Wave Quantum$6.68 -0.33 (-4.64%) 52-Week Range$0.75▼$11.95Price Target$8.42Add to WatchlistOn one hand, a recent report by short-sel ...
Quantum Computing, Inc. Awarded Contract to Support NASA's Space Based LIDAR Data Analysis
Prnewswire· 2025-04-30 12:30
~$406K Award Advances QCi's Quantum Technology for NASA's LIDAR Missions HOBOKEN, N.J., April 30, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has been awarded a subcontract with a ceiling value of $406,478 to support the National Aeronautics and Space Administration's ("NASA") Langley Research Center through the development of an innovative quantum computing te ...
QCI ALERT: Bragar Eagel & Squire, P.C. is Investigating Quantum Computing, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-30 01:00
NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Quantum Computing, Inc. (NASDAQ: QUBT) on behalf of long-term stockholders following a class action complaint that was filed against QCI on February 25, 2025 with a Class Period from March 30, 2020 to January 15, 2025. Our investigation concerns whether the board of directors of QCI have breached their fiduciary duties to the company. The la ...