Latest news with #EmergenceQuantum
Yahoo
5 days ago
- Business
- Yahoo
QUBT Rallies 113% Amid Quantum Deals: Will the Momentum Last?
Quantum Computing Inc. QUBT is progressing in 2025 in terms of both hardware advancements and strategic customer wins to broaden its market footprint. A major milestone is the delivery of its first commercial entangled photon source, a bulk Periodically Poled Lithium Niobate (PPLN) device, to a prominent South Korean research institution earlier this year. This marked QUBT's first commercial foray into photonic quantum hardware beyond optimization platforms, signaling a pivotal expansion in its product portfolio. Simultaneously, QUBT made its commercial debut in quantum-secured communications by securing a $332,000 order from a top-five U.S. bank to deploy a quantum communication system in a secure testbed. This is particularly notable as it positions QUBT to tap into the growing demand for cybersecurity solutions leveraging quantum technologies, a field poised for rapid growth, given rising concerns over classical encryption vulnerabilities. These wins come as QUBT increasingly targets real-world applications across critical verticals, including finance, national security, space and life sciences with its hardware-software co-development strategy. The company has also indicated that follow-on orders or scale-up discussions may be underway, which could provide more visibility into future revenue recognition as early pilot deployments mature. How are QUBT Peers Positioned Now? IonQ IONQ: It recently partnered with Australia's Emergence Quantum to co-develop advanced materials for trapped-ion systems and expand in the Asia-Pacific region. IonQ also secured a $22-million deal with EPB in Chattanooga to create a U.S. hub for quantum computing and networking. D-Wave Quantum QBTS: It raised $400 million in July 2025, boosting liquidity to over $800 million for scaling and strategic M&A. D-Wave also announced a NASA-partnered cryogenic packaging initiative to enhance processor density. QUBT's Price Performance Quantum Computing has rallied 112.8% in the past three months compared with the industry's 18.2% growth and the sector's 19% rise. The S&P 500 index, meanwhile, has improved 11.1% during the said period. Three-Month Share Price Comparison: QUBT Image Source: Zacks Investment Research Average Target Price Shows Near-term Upside Based on short-term price targets, Quantum Computing is currently trading 25% below its average Zacks price target. Image Source: Zacks Investment Research QUBT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quantum Computing Inc. (QUBT) : Free Stock Analysis Report IonQ, Inc. (IONQ) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
23-07-2025
- Business
- Yahoo
Why IonQ (IONQ) Stock Is Trading Up Today
What Happened? Shares of quantum computing company IonQ (NYSE:IONQ) jumped 3% in the morning session after the company announced a strategic collaboration with Emergence Quantum, an Australian quantum hardware research and development firm. The partnership aimed to advance quantum innovation by co-developing next-generation electronics and materials for ion trap technology, which is core to IonQ's quantum computers. Specifically, the two companies planned to work on designing specialized integrated circuits for qubit control, reducing hardware complexity, and exploring new materials to improve performance. This collaboration expanded IonQ's presence in the Asia-Pacific region and tapped into Australia's growing quantum talent. Emergence Quantum was founded by former members of Microsoft's quantum team, bringing significant expertise to the partnership. The move built on IonQ's existing relationships in the country, including a collaboration with the Australian National University. After the initial pop the shares cooled down to $41.97, up 0.1% from previous close. Is now the time to buy IonQ? Access our full analysis report here, it's free. What Is The Market Telling Us IonQ's shares are extremely volatile and have had 109 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 7 days ago when the stock gained 4.7% after a competitor's technical breakthrough lifted sentiment across the quantum computing sector. The broader quantum computing industry received a boost after Rigetti Computing announced it had achieved a significant technical milestone. The company reported it reached 99.5% median two-qubit gate fidelity on its new modular 36-qubit system, a key performance metric that represents a major reduction in error rates. While the news came from a competitor, such advancements are often viewed by investors as positive for the entire industry, suggesting that the path to commercially viable quantum computers is progressing. This "rising tide lifts all boats" sentiment appeared to benefit IonQ, as positive developments from any major player can increase confidence in the sector's long-term potential and technological feasibility. The news from Rigetti sent its own shares higher and created a ripple effect, with several other quantum computing stocks, including IonQ, trading in positive territory. IonQ is down 2.6% since the beginning of the year, and at $41.97 per share, it is trading 17.8% below its 52-week high of $51.07 from January 2025. Investors who bought $1,000 worth of IonQ's shares at the IPO in January 2021 would now be looking at an investment worth $3,886. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
23-07-2025
- Business
- Business Wire
IonQ Expands Across APAC Through Strategic Collaboration With Australian Company Emergence Quantum
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today announced a strategic collaboration with Emergence Quantum, an Australian research and development company focused on quantum hardware innovation. This initiative builds on IonQ's momentum in Australia and reinforces its commitment to advancing quantum innovation through strategic global partnerships. The Emergence Quantum team has decades of experience, strong public and private sector relationships, and a deep understanding of the Australian and U.S. quantum tech landscapes. Former members of Microsoft's quantum team created the company to better harness their combined expertise in systems engineering, quantum control, and hardware integration. Prof. David Reilly, Emergence Quantum CEO and co-founder, has held various positions at the University of Sydney, Harvard University, and the University of New South Wales. Prior to his current position, Prof. Reilly spent the previous eight years as a senior leader in Microsoft's quantum group. Co-founder Thomas Ohki, Emergence Quantum CTO/CSO, led the quantum group at Raytheon/BBN Technologies, joining with Reilly at Microsoft for several years prior to establishing Emergence. As part of the collaboration, IonQ and Emergence Quantum will expand on existing advances in ion trap technology by co-developing next-generation electronics and materials. This includes the design and simulation of application-specific integrated circuits for qubit control. The teams will also work to reduce hardware complexity while scaling system capacity. Additionally, they will explore new materials and deposition techniques to enhance ion trap performance. 'This collaboration furthers IonQ's efforts to tap into one of the world's most promising quantum talent pools while contributing meaningfully to Australia's growing quantum industry,' said Dr. Dean Kassmann, SVP of IonQ's Engineering and Technology division. 'Our work with Emergence Quantum is part of a broader strategy to engage local experts and institutions around the world in advancing scalable, high-performance quantum computing and networking. This initiative will give IonQ significant access to a world-class team of Ph.D. quantum scientists that brings forward decades of experience in cryogenic electronics and quantum engineering.' This work builds on IonQ's ongoing work in the region, including its collaboration with the Australian National University, and reflects the company's continued momentum in engaging with leading quantum research and talent ecosystems worldwide. 'We see tremendous demand in Australia for quantum technology so we are delighted to partner with IonQ to advance quantum innovation in the country,' said Prof. Reilly. 'The challenge in Australia has always been how to bring in international investment, without losing the key know-how and talent that we have here. Collaborating with IonQ allows us to accelerate the pace of Australia's quantum development and growth.' About IonQ IonQ, Inc. [NYSE: IONQ] is a leading commercial quantum computing, quantum networking, and quantum applications company, delivering high-performance systems aimed at solving the world's most complex problems. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results. The company is accelerating its technology roadmap and intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ's advancement in quantum networking also positions the company as a leader in building the quantum internet. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at About Emergence Quantum Emergence Quantum is a team of globally recognised scientists and engineers delivering integrated hardware platforms and the foundational technology underpinning quantum, future energy-efficient computing, and advanced sensing interfaces, with a focus on integration and co-designed solutions. Expertise spans the fundamental physics of semiconductor and superconducting devices to the engineering challenges of complex, scaled-up computing and sensing platforms. A central theme of Emergence Quantum's work is the use of integrated cryogenic electronics to address critical challenges in scaling quantum computers, as well as enabling new computational and sensing modalities. IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words 'accelerating,' 'accessible,' 'advance,' 'advancement,' 'advancing,' 'aimed,' 'building,' 'builds,' 'can,' 'co-developing,' 'collaboration,' 'commitment,' 'contributing,' 'delivering,' 'engage,' 'explore,' 'initiative,' 'intends,' 'momentum,' 'next-generation,' 'scale,' 'will,' and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ's quantum computing and networking capabilities and plans; IonQ's technology delivering scalable, fault-tolerant quantum computing in the future; the relevance and utility of quantum algorithms and applications run on IonQ's quantum computers; the future impacts of IonQ's offerings available today and in the future; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ's offerings. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's ability to deliver next-generation electronics and materials, reduce hardware complexity, scale system capacity, and enhance system performance, information transfer, and network accuracy, or reduce noise and errors; IonQ's ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; IonQ's inability to attract and retain key personnel; IonQ's inability to effectively integrate its acquisitions of Qubitekk, Inc., Lightsync Technologies, Inc., and Capella Space Corporation and close its acquisitions of Oxford Ionics Limited and ID Quantique, SA; IonQ's customers deciding or declining to extend contracts into new phases; the inability of IonQ's suppliers to deliver components that meet expectations timely; changes in government spending or policy that may affect IonQ's customers; and risks associated with government sales, including availability of funding and provisions that may allow the government to unilaterally terminate or modify contracts for convenience; changes in laws and regulations affecting IonQ's patents; and IonQ's ability to maintain or obtain patent protection for its products and technology, including with sufficient breadth to provide a competitive advantage. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the 'Risk Factors' section of IonQ's filings with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K and reports on Form 10-Q. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.
