BillionDollarBreaks Archive - Page 9 of 19

ThursdayJan 11, 2024 1:44 pm

BillionDollarBreaks — Lucid Group Inc. (NASDAQ: LCID) Reports on Production for Q4, Schedules Q4 2023 Earnings Call

Lucid Group (NASDAQ: LCID), a company setting new standards for luxury electric experience with the Lucid Air, has released production and delivery totals for fourth quarter 2023, the period ended Dec. 31, 2023. According to the report, the company produced 2,391 vehicles and delivered 1,734 vehicles during the quarter. Those numbers added to numbers from previous 2-2023 quarters bring the total number of produced vehicles in 2023 to 8,428 with a total of 6,001 vehicles being delivered. The company also announced it will host an earnings conference call to discuss Q4 2023 financial results; the call is slated to begin…

WednesdayJan 10, 2024 3:02 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Becomes First Full-Stack Quantum Computing Provider to Achieve SOC 2 Type 2 Compliance

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, has announced the successful completion of its SOC 2® Type 2 audit. The milestone comes at a time when D-Wave is facilitating increased commercial customer adoption and production use of its quantum computing solutions. “We’re in a pivotal moment for quantum computing, as our customers are now moving full-steam ahead into enterprise-scale adoption and deployment,” said Dr. Alan Baratz, CEO of D-Wave. “SOC 2 compliance is a key part of our production leadership, as it ensures…

TuesdayJan 09, 2024 1:05 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Featured in Additional InvestorPlace Articles

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, continues to receive recognition from authors at InvestorPlace. In addition to being featured by Louis Navellier and the InvestorPlace Research Staff, contributor Josh Enomoto listed D-Wave as one of “The 3 Hottest Quantum Computing Stocks to Watch in 2024” just last week. Navellier wrote, “D-Wave Quantum is a quantum computing company. Quantum computing represents the next generation of computing technology, as it uses quantum bits to perform calculations much faster than traditional computers. That gives them a tremendous advantage over classical computers, which are binary code-based…

FridayDec 29, 2023 3:27 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Supports Near-Term Quantum Application Development Highlighted in Recently Signed NDAA

D-Wave (NYSE: QBTS), a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers, commends the U.S. government’s policy makers for including a quantum pilot program focused on near-term quantum computing applications in the National Defense Authorization Act (“NDAA”). The act was passed by Congress and signed into law by President Biden on December 22, 2023, establishing a program focused on near-term applications development to solve problems facing the Department of Defense (“DOD”) including the Armed Forces. “We applaud Congress and the Administration for taking this critical step to accelerate the use of…

ThursdayDec 28, 2023 10:38 am

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Astron Corp. Enter MOU to Develop Australia-Based REE and Mineral Sands Project

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has entered into a nonbinding Memorandum of Understanding (“MOU”) with Astron Corporation Limited to jointly develop the Donald Rare Earth and Mineral Sands Project in Victoria, Australia. According to the MOU, Energy Fuels has exclusive rights through March 1, 2024, to conduct due diligence on the project and negotiate definitive and binding agreements regarding the joint venture. The agreement outlines plans for Energy Fuels to invest approximately $122 million to earn a 49% interest in the venture and to issue $17.5…

ThursdayDec 21, 2023 2:46 pm

BillionDollarBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Commences Production at Three US Uranium Mines

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REE”) and vanadium, has begun uranium production at three of its permitted and developed uranium mines in response to strong uranium market conditions; those mines are located in Arizona and Utah. The company is also preparing two additional mines in Colorado and Wyoming for expected production within the next year while advancing permitting on several other large-scale U.S. mine projects in order to increase uranium production in the coming years. According to the announcement, nuclear energy is increasingly being recognized as a clean-energy resource around the world, with many buyers…

TuesdayDec 19, 2023 1:03 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave's quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.”…

TuesdayDec 12, 2023 1:05 pm

BillionDollarBreaks – Lucid Group Inc. (NASDAQ: LCID) Announces Departure of CFO Sherry House

Lucid Group (NASDAQ: LCID) has announced that its Chief Financial Officer (“CFO”) Sherry House is resigning from her position, effective immediately, to pursue other opportunities. According to the announcement, House will be available in an advisory role through Dec. 31, 2023, to assist in the transition of her duties. Lucid’s current VP of Accounting and Principal Accounting Officer Gagan Dhingra will additionally serve as interim CFO and principal financial officer, effective immediately, while Lucid’s search for a replacement for House is underway. “I want to thank Sherry for her contributions to the company during her tenure,” said Lucid’s CEO and…

FridayDec 08, 2023 5:37 pm

BillionDollarBreaks — Lucid Group Inc. (NASDAQ: LCID), SiriusXM Canada Partner to Bring Audio Entertainment Offering to Canadian Lucid Owners

Lucid Group (NASDAQ: LCID) has announced a partnership with SiriusXM Canada to offer all new and existing Canadian Lucid owners a three-month trial subscription to SiriusXM's comprehensive audio entertainment. According to the announcement, SiriusXM is available in the LCID’s award-winning Lucid Air, the longest-range, fastest-charging electric car on the market. In addition, owners of the entire Lucid Air lineup will be offered access to SiriusXM through the trial subscription. Channels available through SiriusXM are expertly curated, free of ads and deliver a wide array of audio choices for listeners, covering every music genre across many decades. The platform also features…

WednesdayNov 15, 2023 1:42 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Successful Quantum Error Mitigation Results in Advantage2(TM) Prototype

D-Wave (NYSE: QBTS) is a leader in quantum computing systems, software and services and the world’s first commercial supplier of quantum computers. The company has announced important research results that demonstrate successful Quantum Error Mitigation (“QEM”) in its Advantage2(TM) annealing quantum computing experimental prototype. According to the announcement, the techniques reduce errors in quantum simulations, producing results consistent with the quantum system maintaining its quantum state (“coherence”) for an order of magnitude longer time than an unmitigated system. D-Wave expects to leverage these techniques to drive performance advancements in the forthcoming Advantage2 system and future processors. “Errors represent the most significant…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000

GreenEnergyNewsBreaks