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QubitWire
THE QUBITWIRE RESEARCH DESK

Quantum Investing

Explore publicly listed companies connected to quantum technology. Understand their business exposure, compare the evidence and follow QubitWire’s research.

For information and research. Not personalized investment advice.
Explore companies
38 listed companies4 exposure groupsResearch reviewed

Explore by quantum exposure

Business activity, not investment merit.
How we classify quantum exposure

QubitWire assigns one primary category from documented company activity. Categories can overlap; a computing or security classification does not mean the whole business is quantum. Read each company’s business context and original sources.

Quantum computing
Businesses focused on quantum computers, quantum software and photonic computing.
Diversified technology
Large businesses with quantum programs. Their shares reflect substantial activity beyond quantum.
Enabling technology
Chips, fabrication, photonics and instruments that support quantum systems.
Quantum security
Quantum communication, cryptography and post-quantum security. These are different from building quantum computers.

Classification owner: QubitWire editorial. Company descriptions and listing sources reviewed . This records the existing research review, not a fresh check of market prices.

Editorial standardsSuggest a correction
Try a name, IONQ, NASDAQ:RGTI or a technology.

Explore by business exposure. Inclusion is not an investment ranking.

38 companies
Researching IBMNYSE:IBM
THE BUSINESS BEHIND IBMDiversified

IBM

NYSE: IBM · USD · United States

Quantum systems · cloud · software

Builds quantum computing systems and software, with a roadmap toward fault-tolerant quantum computing and quantum chip manufacturing.

How this connects to the business

Quantum is one part of a much larger technology business.

Check the issuer source
QubitWire research reviewed · Company source ↗

Research context · 24 September 2026

What the recent announcements establish

IBMDiversified technology

Anderon’s federal award, IBM’s own investment plans and the planned Swiss System Two installation are separate events. The releases do not establish how or when each item contributes to recognized revenue.

Research question: Which funding conditions, delivery milestones and financial disclosures connect the announcement to economic results?

AnderonSubsidiary context

Anderon is an IBM subsidiary. Its manufacturing plans belong in the parent-company context; the announcement does not establish a separately traded Anderon security.

Research question: What rights, ownership and obligations belong to the subsidiary versus the parent?

Start with the original evidence.

Use the issuer’s original reports to check business activity, financial periods and current listing details.

Company & technology source Listing / investor relations Market data on TradingView Company research reviewed 7 Sept 2026. This is separate from the provider’s quote time.
NEXT RESEARCH QUESTION

Which quantum milestones have been delivered, and how much does quantum contribute to the wider business?

Editorial research question, not a scheduled event.
THE FINANCIAL QUESTION

Read company-wide results alongside quantum disclosures. Other divisions can dominate revenue and share-price performance.

Investor relations Full company research

Company relevance first, then most recently published.

Research · Published

Quantum vs. AI: What IBM’s New Theory Actually Shows

Hardware · Published

IBM Made Its Quantum Chip Faster by Making It Wait Less

Research context · 24 September 2026

Follow the evidence behind the announcements.

Twelve notes connect current research, public funding, partnerships and deployment plans. Parent companies, subsidiaries and private businesses are identified separately.

IBMDiversified technology

Anderon’s federal award, IBM’s own investment plans and the planned Swiss System Two installation are separate events. The releases do not establish how or when each item contributes to recognized revenue.

Research question: Which funding conditions, delivery milestones and financial disclosures connect the announcement to economic results?

AnderonSubsidiary context

Anderon is an IBM subsidiary. Its manufacturing plans belong in the parent-company context; the announcement does not establish a separately traded Anderon security.

Research question: What rights, ownership and obligations belong to the subsidiary versus the parent?

NVIDIADiversified enabling technology

CUDA-Q Logical and related orchestration tools form part of NVIDIA’s broader software strategy. The announcement does not disclose a separate quantum revenue segment.

Research question: Which benefits are tool adoption and which, if any, appear in separately disclosed financial results?

IonQCompany research

IonQ’s radar work is a specific research experiment. A connection to booked sales would require separate commercial or financial disclosure.

Research question: What commercial agreement or audited disclosure, if any, connects the experiment to revenue?

QuantinuumIssuer identity and manufacturing support

Quantinuum’s September 11 issuer release identifies Nasdaq: QNT. Its separate CHIPS award supports manufacturing R&D; the benchmark preprint addresses technical performance rather than ownership or valuation.

Research question: Does the existing Investing record map to the correct security and current ownership structure?

IQMOrder with planned delivery

IQM’s Eldorado purchase agreement includes an IQM Spark installation planned for Q1 2027 and separate cloud access. No contract value or recognized-revenue figure is established here.

Research question: When is installation expected, and what source will later confirm acceptance rather than announcement?

PasqalApplication-development partnership

Pasqal’s collaboration with USA Rare Earth and Riven Systems proposes quantum-versus-classical comparisons for separation chemistry. Technical and commercial outcomes remain to be demonstrated.

Research question: What technical and commercial milestones would establish that the partnership produced durable value?

D-WaveGovernment funding

D-Wave’s final CHIPS R&D award is up to $100 million for semiconductor manufacturing work. Funding milestones and accounting treatment should be assessed separately from operating sales.

Research question: Are funding milestones, accounting treatment and business-model differences explained?

Hewlett Packard EnterpriseInfrastructure partner context

HPE supplies the classical supercomputing context for its collaboration with QuEra. The announcement does not quantify revenue attributable to quantum computing.

Research question: What portion of the announced stack is conventional HPC infrastructure?

Alphabet / Google Quantum AIDiversified research exposure

Google’s appearance in the QUOPS preprint offers evidence about a particular technical comparison. It does not provide an estimate of Alphabet’s quantum business value.

Research question: What exactly was evaluated, and does that evidence say anything about commercial readiness?

USA Rare EarthMaterials-industry partner

USA Rare Earth is the materials-processing partner in the Pasqal and Riven Systems project. Its participation does not make it a quantum-hardware vendor or establish quantum-derived revenue.

Research question: What does the experiment seek to improve, and how will conventional alternatives be compared?

RiverlanePrivate-company context

Riverlane works on error-correction infrastructure and has announced plans for a Maryland headquarters. This note provides ecosystem context; it does not represent a listed security or an offer of private shares.

Research question: What evidence separates research progress, hiring plans and commercial deployment?

A BETTER RESEARCH HABIT

Three things a stock chart won’t tell you.

01 / TECHNOLOGY

Qubits aren’t a league table.

Hardware quality, speed and the task matter alongside scale. Look for demonstrated results and distinguish physical from logical qubits.

Understand the metrics
02 / COMMERCIAL PROGRESS

A milestone isn’t a business model.

Ask what customers pay for, whether orders become revenue and how much cash the business needs to keep developing.

Read the company filings
03 / EXPOSURE

A quantum connection has many forms.

A specialist, a chip supplier and a diversified technology company can have very different economics. Compare the business before the price.

SOURCES & STANDARDS

Clarity over hype.

Documented quantum activity. Original sources. A clear line between company research and market data.

Where prices come from

TradingView supplies the market board, charts and financials. Exchange data may be delayed and availability varies by listing. After a session closes, the last available quote remains. Check the provider’s market status and quote time. Use “Hide market data” to remove updating displays. Data coverage and delays

How companies are selected

This curated directory includes publicly listed operating businesses with documented quantum computing, enabling technology or quantum security activity. It uses one listing per company and four exposure categories. Category membership is editorial classification, not a stock ranking. Private companies and ETFs are outside this company directory.

How to read the financials

Compare revenue, cash use, funding needs and dilution alongside the company’s own filings. Provider financials refer to the whole listed company. Recent listings may include predecessor or SPAC periods and have limited history. Research questions on this page are prompts for investigation, not claims of current performance.

Research dates, watchlists & corrections

Company descriptions and listing sources were reviewed on 7 September 2026. This date is not a quote timestamp. Corporate actions and provider support can change. Company follows are saved in this browser when signed out and in your account when signed in. They are not trade orders or email alerts. Read published company coverage in Your Updates. Suggest a correction

For research and general information. Not personalized investment advice. Share prices can be volatile and capital is at risk.