News Archives - Page 9 of 18 - BillionDollarClub

ThursdayJan 25, 2024 1:12 pm

BillionDollarBreaks – D-Wave Announces 1,200+ Qubit Advantage2(TM) Prototype, Strategic Collaboration with Deloitte Canada

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, today announced it has calibrated a 1,200+ qubit Advantage2(TM) prototype, which will soon be available in the company’s Leap(TM) real-time quantum cloud service. Developed with a lower-noise, multilayer superconducting integrated-circuit fabrication stack, the new prototype demonstrates significant performance gains on hard optimization problems and is expected to be particularly powerful for new use cases such as machine learning. “The new Advantage2 prototype represents a giant step up in performance,” said Mark W. Johnson, senior vice president…

FridayJan 19, 2024 1:50 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Appoints Former Secretary of Homeland Security to Board of Directors

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has named former Secretary of the U.S. Department of Homeland Security Kirstjen Nielsen to its board of directors. A global expert and proven leader on security issues critical to the highest priorities of the United States, Secretary Nielsen has a vast background in enterprise risk, resiliency, cybersecurity and emerging threats. Secretary Nielsen has held a variety of domestic and international government roles, including serving as a key member of the White House Homeland Security Council, helping create…

WednesdayJan 17, 2024 2:37 pm

BillionDollarBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Present at 26th Annual Needham Growth Conference

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, will be participating in this month’s Needham Growth Conference. D-Wave, which is the world’s first commercial supplier of quantum computers, will be represented at the conference by CEO Alan Baratz and CFO John Markovich, who are slated to present at 3 p.m. ET on Jan. 19, 2024. A recording of the presentation will be available on the company’s website following the presentation. In addition, members of the D-Wave management team will be available for one-on-one meetings with investors. To view the presentation, visit https://ibn.fm/cJ6Lg To view…

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.”…

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