QMCO has been in the news 306% more than usual
Jun 11, 2025, 6:31 PM
-9.29%
What does QMCO do
Quantum, headquartered in San Jose, California, manufactures computer storage devices and employs 770 people, providing solutions for unstructured data including high-performance platforms and AI-enabled workflow management. Their product portfolio includes primary and secondary storage systems, data protection, and archiving services.
QMCO has been in the news recently: PsiQuantum is raising a minimum of $750 million, led by BlackRock, to increase its valuation to $6 billion. BTQ Technologies and QPerfect are collaborating to create quantum-secure applications by June 30, 2025, using neutral atom quantum computers for improved digital transaction security.
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