BillionDollarBreaks Archive - Page 13 of 19

MondayMay 22, 2023 2:17 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Welcomes Government Officials, Announces Quantum Training Program with QAI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, recently hosted two government officials at its Burnaby offices to highlight the company’s innovation in quantum computing. British Columbia premier David Eby and Jobs, Economic Development, and Innovation Minister Brenda Bailey were welcomed at the site, and the company also announced a new quantum-focused workforce training program during the pair’s visit. The training program, executed in collaboration with B.C.-based Quantum Algorithms Institute (“QAI”), will expedite the development of a quantum-ready workforce. The visit was also designed to help others gain a deeper understanding of how quantum technology can…

FridayMay 19, 2023 3:08 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Reports on Q1 2023 Financial, Corporate Results

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, has released its first-quarter earnings report for the period ending March 31, 2023. Highlights include total bookings valued at $2.9 million, a 297% increase compared to the first quarter of 2022, and a 430% increase in the average deal size for QCaaS and professional services combined bookings on a year-over-year basis. In addition, the company noted that research published in “Nature” shows the computational advantage of its quantum computer, proving quantum dynamics speedup over classical on a set of complex problems. The company has also signed several…

ThursdayMay 11, 2023 3:11 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Schedules Release of Q1 2023 Results, Earnings Call

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services, and the only quantum computing company building commercial annealing quantum computing systems and developing gate-model quantum computing systems. The company today announced that it will release its financial results for the first quarter ended March 31, 2023, on Friday, May 19, before market open. In conjunction with this announcement, D-Wave will host a conference call at 8:00 a.m., also on May 19, to discuss its financial results and business outlook. Interested parties can join the live call by dialing 1-877-407-3982 (domestic) or 201-493-6780 (international) and entering conference…

TuesdayMay 09, 2023 12:44 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Participation at Upcoming Needham Technology & Media Conference

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, today announced that Dr. Alan Baratz, CEO, and John Markovich, CFO, will present at the 18th Annual Needham Technology & Media Conference in New York City at 11 a.m. ET on Wednesday, May 17. Interested parties should visit https://ibn.fm/fAibm to register and listen to the investor presentation live via webcast. In addition, the archived webcast will be available on D-Wave’s Investor Relations page following the event. To view the full press release, visit https://ibn.fm/SJD5N About D-Wave Quantum…

MondayMay 08, 2023 11:48 am

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases Q1 2023 Financial, Corporate Report, Announces Earnings Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is reporting on its financial results for the quarter ended March 31, 2023; the company also announced that it will host an earning conference call and webcast on May 9, 2023. According to the report, Energy Fuels sold 300,000 pounds of uranium resulting in a gross margin of 58% and 79,344 pounds of vanadium totaling a 37% gross margin of 37%; the company also sold its Alta Mesa property for a total gain of $116.45 million. The report showed that UUUU’s working capital grew with total assets increasing and total liabilities decreasing. Other highlights…

WednesdayApr 19, 2023 3:55 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Publishes Research Offering Evidence of Quantum Annealing’s Unrivaled Performance

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only provider building both annealing and gate-model quantum computers, has published a peer-reviewed milestone paper showing the performance of its 5,000 qubit Advantage(TM) quantum computer is significantly faster than classical compute on an intractable class of optimization problems – 3D spin glasses. The paper also represents the largest programmable quantum simulation reported to date. A collaboration between scientists from D-Wave and Boston University, the paper titled “Quantum critical dynamics in a 5,000-qubit programmable spin glass,” was published in the peer-reviewed journal Nature today and is available here.…

FridayApr 14, 2023 12:39 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Q4 and Year-End 2022 Results

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services, and the only commercial provider building both annealing and gate-model quantum computers, today announced financial results for its fourth quarter and fiscal year ended Dec. 31, 2022. “We believe our fourth quarter and 2022 year-end results reflect a clear signal: companies are rapidly embracing today’s quantum technology solutions to drive competitive advantage, now. In this complex economic environment, business leaders are actively looking for ways to improve operational efficiencies, reduce costs, fuel innovation, and increase revenue. We believe that near-term quantum and quantum-hybrid applications are critical for navigating…

ThursdayMar 09, 2023 12:16 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces 2022 Results, Emergence Among Leading US Producers of Critical Minerals

Energy Fuels (NYSE American: UUUU) (TSX: EFR) on Wednesday announced its financial results for the year ended Dec. 31, 2022. Among the highlights, the company reported a robust balance sheet with $116.97 million of working capital, including $62.80 million of cash and cash equivalents, $12.19 million of marketable securities, $38.16 million of inventory, and no debt. “2022 was an extraordinary year for Energy Fuels as we expanded our U.S. industry-leading uranium business and established a new, sustainable U.S. rare earth supply chain that is already commercially producing the most advanced rare earth material in the U.S. today,” said Mark S.…

WednesdayFeb 15, 2023 12:05 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Strategic Sale of Alta Mesa Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its completion of the sale of three wholly owned subsidiaries that together hold its Alta Mesa ISR Project to enCore Energy Corp. “Energy Fuels’ sale of the Alta Mesa project for $120 million of total consideration is highly strategic for a variety of reasons,” said UUUU CEO and President Mark S. Chalmers. “When combined with our already strong balance sheet, the proceeds from this sale are expected to fully fund our current uranium, vanadium and rare earth business plans through approximately 2024 without the dilution to shareholders one might normally expect,…

MondayFeb 13, 2023 12:28 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Completes Acquisition of the Bahia Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced completion of its acquisition of 17 mineral concessions between the towns of Prado and Caravelas in the state of Bahia, Brazil, totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles). According to the announcement, closing of the “Bahia Project” followed the Brazilian Government’s approval of the transfers to Energy Fuels’ wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the closing, Energy Fuels paid the mineral owners the remaining $21.9 million cash. “Energy Fuels has achieved yet another important milestone for our expanding rare earth business through our acquisition of…

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