D-Wave Quantum Inc. is approaching a commercialization inflection point, with bookings surging and investor day on June 1 as a key catalyst. QBTS reported Q1 bookings of $33.4 million, up sharply year-over-year, and now expects 2–3 system sales per year, signaling early market traction. Despite a near-90% year-over-year revenue decline, robust bookings and a strong sales pipeline support a bullish outlook after a prolonged pullback.
NextEra Energy has agreed to buy U.S. oil and gas investment firm Caliber Resource Partners for $1.3 billion and has separately set up a joint venture with Caliber's private equity backer, Quantum Capital Group, to manage the power company's U.S. shale assets, four sources told Reuters on Wednesday.
QBTS and RGTI are gaining momentum in May 2026 as analysts see more than 90% upside tied to quantum adoption and commercial traction.
Western Digital is embedding post-quantum cryptography into Ultrastar drives as hyperscalers qualify quantum-ready storage security.
Oracle and IBM offer up to 34% upside as hyperscalers expand AI and quantum infrastructure amid a volatile macro backdrop.
GRRR teams with CHELPIS to embed post-quantum cryptography into its Quantum-Safe SD-WAN, gaining global resale rights for CHELPIS tools.
Horizon Quantum Computing Pte. NASDAQ: HQ used its appearance at Needham & Company's 21st annual Technology, Media, & Consumer Conference to outline its strategy as a newly public quantum software company focused on building infrastructure for developers, hardware providers and end users.
D-Wave bookings surged 1,994% YoY to $33.4 million, while remaining performance obligations expanded 563% to $42.4 million. The company generated 82.59% gross margins, supporting a potentially scalable recurring quantum-computing-as-a-service revenue model. Q1 revenue collapsed 81% YoY to $2.9 million after missing a large hardware transaction recorded during prior-year results.
The quantum computing complex is taking a sharp hit Friday afternoon, with all four major U.S.
RGTI reports a 199% first-quarter revenue surge as demand grows for its quantum computing systems and cloud-based platforms.
Israel Englander's Millennium Management bought roughly 2.27 million shares of D-Wave Quantum (NYSE: QBTS) in late 2024 for approximately $16.4 million, according to a 24/7 Wall St.
Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ: XNDU used its inaugural quarterly earnings call to outline its post-listing financial position, technology roadmap and commercialization strategy, with management emphasizing that the company remains focused on building a scalable, fault-tolerant photonic quantum computer.