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Promising Quantum Computing Stocks To Follow Now - October 10th

D-Wave's Gate-Model Tech Notches a Major Milestone IonQ, D-Wave Quantum, Quantinuum, Quantum Computing, and Horizon Quantum Computing Pte. Quantum computing stocks are shares of publicly traded companies involved in developing quantum computers, quantum software, related components, or supporting technologies. These companies had the highest dollar trading volume of any Quantum Computing stocks within the last several days. IonQ (IONQ) IonQ, Inc. engages in the development of general-purpose quantum computing systems in the United States. Read Our Latest Research Report on QNT Quantum Computing (QUBT) Quantum Computing Inc., an integrated photonics company, offers accessible and affordable quantum machines.

Prediction: Rigetti Computing Stock Could Double by 2031. Here's Why I'm Still Cautious.

Quantum computing technology is promising to transform drug discovery, materials science, financial modeling, cybersecurity, and more. Given its various use cases, McKinsey estimates the quantum computing market could reach between $43 billion and $71 billion by 2035. That opportunity has attracted enormous attention to pure-play quantum developers such as Rigetti Computing (RGTI -0.78%). Where could Rigetti stock be in 2031? While the math shows Rigetti's stock could double, both scenarios require exceptional execution and broader adoption of quantum computing within a relatively tight time frame.

IBM’s 100-qubit chip advances self-correcting quantum computers with 5,000 operations

Their findings, published in Nature Physics, also revealed a sharp transition between chaotic and controlled quantum behavior. This approach, known as quantum error correction, forms the foundation of fault-tolerant quantum computing. IBM researcher Maika Takita said the experiment coordinated quantum operations, measurements, and resets thousands of times across a large system. The demonstration does not establish a fully fault-tolerant quantum computer. However, it shows that present-day hardware can repeatedly intervene in a quantum system while operations continue, bringing scalable quantum computing closer to a central engineering goal.

Scientists Move a Step Toward Quantum Computers That Can Correct Their Own Mistakes

The advance is a critical step toward building larger, more reliable quantum computers. Today’s quantum computers operate according to the unusual rules governing atoms and other extremely small particles. The experiment is among the largest demonstrations to date of real-time quantum feedback control, a capability considered essential for future quantum computers that will be fault tolerant. Scaling quantum computers will require them to identify and correct errors while they are working, a capability known as error correction, which will allow for the construction of a fault-tolerant quantum computer. A fault-tolerant quantum computer is a quantum computer that can keep computing correctly even though its individual quantum bits are constantly making small mistakes.

Fujitsu to establish quantum computing research center in NM

Announcement follows Governor’s trade missions to Japan SANTA FE – Governor Michelle Lujan Grisham today announced a new collaboration with Tokyo-based Fujitsu, one of the world's largest technology companies, to establish a quantum computing research center in New Mexico. The center will focus on quantum computing hardware, software, algorithms and theory, and will support education and workforce programs to develop New Mexico's quantum talent pipeline. Under the agreement announced today, Fujitsu and the State of New Mexico aim to expand that work into quantum computing and hybrid computing systems that combine classical computing, artificial intelligence and quantum technologies. “Fujitsu is uniquely positioned with technology and solution capabilities spanning microprocessors, high-performance computing, and quantum computing,” said Vivek Mahajan, corporate executive officer, corporate vice president, CTO, in charge of system platform, Fujitsu Limited. “The establishment of a quantum computing research center in New Mexico represents an important opportunity to expand our research activities and accelerate the development of next-generation quantum technologies.

Quobly And SiPearl Partner to Explore European CPU-QPU Integration For Sovereign Quantum Computing

Insider Brief Quobly and SiPearl signed a non-exclusive agreement to explore combining silicon spin quantum processors with European CPUs to support a sovereign European quantum computing system. The companies also plan to coordinate responses to European calls for tenders, including potential joint opportunities under the Chips Joint Undertaking’s quantum programs. Supporting a European sovereign computing ecosystem The collaboration brings together two core building blocks for European computing, combining SiPearl’s CPU technology with Quobly’s quantum processors, and marks a first step towards bridging Europe’s HPC and quantum computing ecosystems. SiPearl and Quobly also intend to coordinate their efforts to respond to European calls for tenders, including potential joint opportunities under the Chips Joint Undertaking (Chips JU) on Quantum. By exploring the integration of SiPearl’s CPU technology with our quantum computers, we are looking at how HPC and quantum computing can work together efficiently, from the system level to future architectures.

France’s SiPearl, Quobly to explore linking processors with quantum computers

Oct 9 (Reuters) – French chip designer SiPearl and quantum computing startup Quobly said ​on Friday they had ‌signed a memorandum of understanding to combine their technologies as part of an effort to build ‌a ​quantum computing ⁠system made with ⁠European technology. • They will then work on hybrid workloads combining high-performance and quantum computing, ​and look at designs for future products • They ⁠plan to coordinate ⁠bids for EU tenders, ​including quantum calls under the ​Chips Joint Undertaking • SiPearl’s 80-core ‌Rhea1 chip is due on the market at the end of 2026 and ⁠will power JUPITER, Europe’s first supercomputer able to perform a quintillion calculations ⁠per ‌second • Grenoble-based Quobly, ⁠which raised €115 million ($129 million) ​in ‌June, plans cloud access ​to its ⁠first systems from end-2026 and targets 1 million qubits by 2032 ($1 = €0.8911) (Reporting by Nathan Vifflin in Gdansk, editing by ​Milla Nissi-Prussak)

DoD announces $350 million in quantum computing initiatives

WASHINGTON - The Department of Defense (DoD) is launching approximately $350 million in quantum-computing initiatives intended to identify national-security applications, validate prospective utility-scale quantum computers, and strengthen the U.S. quantum-computing industrial base. DARPA advanced four additional quantum-computing companies to Stage C of QBI, the initiative's final evaluation phase. Related: DARPA funds MagLev Aero propulsion demonstration for drones Quantum computing efforts The four companies join Microsoft and PsiQuantum, which previously advanced to Stage C through the Underexplored Systems for Utility-Scale Quantum Computing pilot program that preceded QBI. The initiative is not intended to select a single winning technology, but rather to assess the technical viability of multiple approaches to utility-scale quantum computing. The DoD also plans to identify mission-relevant quantum computing applications in chemistry, materials science, and physics.

Department of War announces $350M in quantum computing initiatives

The US Department of War has announced new initiatives and programmatic updates totaling approximately USD 350 million to advance US quantum computing capabilities that support national security. “Dominance in quantum information science is a critical priority for both President Trump and the Department of War,” said Emil Michael, Under Secretary of War for Research and Engineering (R&E). R&E will direct greater attention across the Department of War’s innovation ecosystem toward identifying mission-relevant applications of quantum computing, particularly as sufficiently capable quantum computers become available. This new effort will build on existing Department of War programs and complement related national initiatives led by the Department of Energy (DOE), particularly its recently announced Quantum Genesis Priority Applications and the Quantum Genesis Q Competition, as well as initiatives led by the National Science Foundation (NSF) and the National Aeronautics and Space Administration (NASA). Defense Advanced Research Projects Agency (DARPA) is also advancing the technical validation needed to determine whether prospective quantum computing systems can deliver utility at scale.

Pentagon Announces $350 Million Quantum Computing Push Under Trump’s Science Strategy

The Department of War announced approximately $350 million in quantum computing initiatives Thursday as part of President Donald Trump’s broader effort to strengthen American scientific research and military technology. The October 8 releases detail three related announcements: a department-wide research strategy, a roughly $350 million quantum initiative and a $150 million conditional loan commitment to PsiQuantum. The Defense Advanced Research Projects Agency (DARPA) advanced four prospective quantum computing providers into Stage C of its Quantum Benchmarking Initiative. DARPA also plans workshops before January 2027 to identify practical uses for quantum computing. Those figures are separate from the approximately $350 million quantum package.

Photonics quantum firm Orca Computing deploys PT-3 system at Digital Realty’s LHR19 data center

Described by the UK-based quantum firm as “the first quantum computer built for commercial advantage,” the PT-3 is modular and upgradable, weighing around 800kg (1,764lbs). The system operates at room temperature, drawing 6kW of power across two standard data center racks. Founded in 2019 as a spin-out from Oxford University, Orca Computing is a UK-based photonic quantum computing company. The predecessor to the PT-3 system, the PT-2, was launched in 2024. Prior to the PT-3 deployment, Digital Realty hosted an Orca PT-2 system at its liquid cooling lab at the LHR19 facility.

Healthcare organizations are underprepared for quantum computing threats

Dive Brief: Healthcare organizations aren’t prepared for cybersecurity threats from quantum computing — an emerging technology that could break the encryption protecting patient data — according to a new report. The researchers also analyzed more than 5,500 internet-facing healthcare systems like patient portals and certain application programming interfaces. “The primary threat is not that hackers will suddenly use quantum computers to attack hospitals tomorrow,” said Daniel Trivellato, vice president of operational technology, healthcare and cyber risk solutions at Forescout. Healthcare data breaches cost organizations about $6.64 million on average, according to IBM. “For a CEO or CFO, the choice is not between spending money now or spending nothing until quantum computers arrive,” Trivellato said.

IonQ Advances to DARPA QBI Stage C in $300M Agreement

IonQ is among the elite first companies selected for Stage C — during which IonQ will deliver multiple generations of class-leading quantum systems for DARPA’s independent validation. Throughout Stages A and B, IonQ shared prototype hardware data with DARPA to support its technical roadmap. About IonQ IonQ, Inc. [NYSE: IONQ] is the world’s leading quantum platform and foundry - delivering integrated quantum solutions across computing, networking, sensing, and security. Note to Investors Regarding Forward-Looking Statements This press release contains forward-looking statements. IonQ Media Contacts: Tammy Swanson tammy.swanson@skywatertechnology.com ‍ Tor Constantino tor.constantino@ionq.co IonQ Investor Contact: investors@ionq.co ‍

Quantum computers could break today’s encryption. Washington needs to prepare now.

Quantum computers harness unusual properties of quantum physics to solve certain problems far faster than conventional computers. But a sufficiently powerful quantum computer could crack widely used forms of encryption protecting sensitive digital information globally. Quantum computers won’t develop goals or outsmart humans. This spring, Caltech spinout Oratomic published research suggesting a cryptographically relevant quantum computer could need dramatically fewer physical resources than earlier estimates. No one knows exactly when quantum computers will become powerful enough to break today’s encryption.

Atom Computing Advances to Final Stage of DARPA Quantum Program

Insider Brief Atom Computing has advanced to the final stage of DARPA’s Quantum Benchmarking Initiative, with potential funding of up to $300 million. The Stage C phase will independently assess whether Atom’s proposed utility-scale neutral-atom quantum computer can be built and operated as designed. Microsoft will provide algorithmic support and error-correction codes to Atom Computing as part of the program. As part of the program, Microsoft has agreed to also provide algorithmic support and error correction codes to Atom Computing. Atom Computing has emerged as a recognized leader in the development of large-scale quantum computing systems.

IQM Quantum Computers (NASDAQ:IQMX) Upgraded to "Hold" at Zacks Research

IQM Quantum Computers (NASDAQ:IQMX - Get Free Report) was upgraded by research analysts at Zacks Research to a "hold" rating in a note issued to investors on Tuesday, Zacks reports. Wall Street Zen cut IQM Quantum Computers from a "hold" rating to a "sell" rating in a research note on Saturday, October 3rd. Read Our Latest Analysis on IQM Quantum Computers IQM Quantum Computers Stock Down 3.9% Shares of NASDAQ IQMX opened at $10.45 on Tuesday. IQM Quantum Computers Company Profile (Get Free Report) IQM Quantum Computers is a Finland-based quantum computing company that develops superconducting quantum processors and complete quantum computing systems. While IQM Quantum Computers currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

New Mexico cybersecurity leader calls for quantum safeguards while state inks deal with major player

Michelle Lujan Grisham announced a partnership with Japan-based tech company Fujitsu to establish a quantum computing research center in New Mexico. The timing of both meetings emphasized how quickly quantum computing is developing in government and business. The Quantum World Congress in September recognized just two states — New Mexico and Illinois — as national leaders in quantum technology investment. While Baran was speaking in Los Alamos, Lujan Grisham was inking a memorandum of understanding in Santa Fe with Fujitsu. I’m banking that that is the future of innovation and investment in the state,” Lujan Grisham said at a news conference in the Roundhouse Thursday morning.

IBM Advances to Stage C of DARPA Quantum Benchmarking Initiative

"Advancing to the third stage of DARPA's Quantum Benchmarking Initiative validates the strength of IBM's path to building a fault-tolerant quantum computer," said Jay Gambetta, Director of IBM Research and IBM Fellow. We look forward to working with DARPA's team of experts as they advance their review of approaches to fault-tolerant quantum computing into the testing phase." Last year, IBM laid out its plans to deliver the world's first fault-tolerant quantum computer, IBM Quantum Starling. Alongside its participation in QBI, IBM continues to collaborate with partners across industry, government, and academia to accelerate the timeline toward fault-tolerant quantum computing. About IBM IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries.

QuantumCore Begins Development of Third Critical Technology for Scalable Quantum Computing

PCM technology is particularly attractive for quantum computing because the switches can provide non-volatile, latching operation. His extensive expertise in advanced RF systems, integrated circuit design, cryogenic superconducting technologies and technology commercialization is expected to support QuantumCore's development of scalable cryogenic multiplexing technologies for future quantum computing platforms. Professor Mansour is also already working on a multiplexing device, which QuantumCore intends to advance and optimize for scalable quantum computing applications. The collaboration will combine Professor Mansour's technical expertise with QuantumCore's commercialization strategy focused on supplying critical infrastructure technologies to the global quantum computing industry. About QuantumCore Ltd. QuantumCore is a quantum technology company focused on building hardware infrastructure intended to support the scaling of next-generation quantum computing systems.

Europol Warns Crypto Wallets Are 'Primary Risk' for Quantum Attacks

In brief Europol, the European Union's law enforcement agency, published two reports Wednesday urging the crypto industry and policymakers to prepare now for quantum computing threats. The first, Quantum Computing and Cryptocurrencies, produced by Europol's European Cybercrime Centre, identifies cryptocurrency wallets as "the primary point of exposure to quantum threats." Wallets rely on a pair of keys: a private key that authorizes transactions and a public key the network uses to verify them. "Cryptocurrencies will not collapse due to quantum computing," the report concludes, while recommending “proactive defence” to ensure their long-term security. It describes a "just-in-time" attack, in which a quantum computer derives a private key during the short window between a transaction exposing its public key and that transaction being confirmed.