NewsRoom Articles - Page 2 of 36

FridaySep 06, 2024 10:30 am

SuperCom Ltd. (NASDAQ: SPCB) Reports Revenue Growth with Offender Supervision Contract in Baltimore

SuperCom Ltd., a secure solutions provider for the e-Government, IoT and Cybersecurity sectors, capitalizes on its proprietary technology suite and experienced 24/7 services to help government clients track and identify individuals under legal supervision The Israel-based company is focused on public safety through the monitoring of parolees and probation orders, domestic violence suspects and substance abuse rehabilitation patients SuperCom has reported a number of new contracts in the United States and Europe this year, helping the company to recognize record gross profit growth and a move into positive territory for its bottom line The offender-tracking industry provides value to society…

ThursdaySep 05, 2024 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) and NTT DOCOMO Leverage Quantum Optimization Technology to Boost Mobile Network Performance

A pilot project with Japan’s largest mobile service provider showed that the deployment of D-Wave’s annealing quantum computing solutions improved mobile network performance by 15%. D-Wave’s hybrid solver was able to process a task in just 40 seconds, compared to 27 hours with a general-purpose solver. The project demonstrated a significant reduction in signal congestion across base stations, which can potentially lead to more efficient transmission and cost savings. This collaboration marks an important step in applying and further integrating quantum computing in telecommunications. D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first…

WednesdaySep 04, 2024 9:00 am

SuperCom Ltd. (NASDAQ: SPCB) Reports Growth in Recurring Revenues, including Inking of New EM Contracts with West Virginia Law Enforcement Agencies

Law enforcement agencies and court systems worldwide are increasingly turning to electronic monitoring (“EM”) solutions as a means of supervising non-violent criminal offenders without the escalating expense of incarcerating them in jail facilities EM technology innovator SuperCom Ltd. is successfully marketing its PureSecurity technology suite as a superior RFID and GPS-powered solution for tracking electronically supervised individuals’ movements, recently reporting recurring contracts with multiple West Virginia sheriffs’ offices SuperCom’s August report on Q2 financial gains also acknowledges recurring revenues from European government agencies served by its technologies — evidence of the company’s ability to fulfill the needs of its clients…

TuesdaySep 03, 2024 9:45 am

D-Wave Quantum Inc. (NYSE: QBTS) Extends Quantum AI Product Roadmap, Quantum Cloud Service Enhancements Featured in Syndicated Broadcast

The extended product roadmap is part of the company’s efforts to strengthen the connection between quantum optimization, AI and Machine Learning (“ML”), in order to bring new Quantum Artificial Intelligence (“AI”) solutions to market D-Wave’s annealing quantum computing solutions could play a key role in improving AI/ML with more efficient model training, reduced energy consumption, and faster time-to-solution The company’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, was…

TuesdayAug 27, 2024 9:45 am

SOBRsafe Inc. (NASDAQ: SOBR) Continues to Fortify Its Financial Position and Grow in the Behavioral Health Market

Transdermal alcohol detection solutions provider SOBRsafe is implementing strategies to further strengthen its financial position During Q2 2024, the company eliminated $2.6 million in debt and improved its balance sheet with a capital infusion from the exercise of warrants SOBRsafe has increased its revenue by 44% from Q2 2023 as it continues to onboard new customers in 2024 SOBRsafe (NASDAQ: SOBR), the provider of next-generation transdermal alcohol detection solutions, has continued to implement plans and strategies to strengthen its financial position and restructure shareholder equity throughout the second quarter of its 2024 financial year, according to its recent Q2 2024…

MondayAug 26, 2024 11:15 am

SuperCom Ltd. (NASDAQ: SPCB) Reports Q2, H1 Earnings Growth, Record Profit

Electronic monitoring solutions company SuperCom Ltd. provides a suite of products and services to justice system officials worldwide, promoting public safety through the secure tracking of individuals who require supervision SuperCom’s PureSecurity technology has the ability to serve a wide variety of tracking purposes but is specifically targeting electronic monitoring of offenders, including domestic violence cases, drug rehabilitation services, and probation orders The company recently reported its second quarter and first half financial results, noting growth across multiple metrics, including record profits following a 65.2 percent surge in gross profit and 20.4 percent growth in gross profit margin SuperCom’s EBITDA…

WednesdayAug 21, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Q2 2024 Results

The company reported a 28% increase in revenue, a 6% rise in bookings, a 97% improvement in GAAP gross profit and a 444% increase in cash, for the second quarter of 2024, on a year over year basis D-Wave's CEO, Dr. Alan Baratz, summarized the company's ongoing strategic direction and provided an expansive list of achievements Highlights mentioned include a quantum AI product development roadmap extending D-Wave’s Leap(TM) quantum cloud service, an expanded partnership with Zapata AI, new customer hybrid quantum applications, and more D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first…

FridayAug 16, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Expands Product Roadmap to Bring Power of Quantum to Artificial Intelligence & Machine Learning

Expanded product roadmap to enhance D-Wave’s Leap(TM) quantum cloud service and bring new Quantum AI solutions to market Initiative targets three key development areas: quantum distributions for generative AI, Restricted Boltzmann Machine (“RBM”) architectures, and GPU integration CEO Dr. Alan Baratz emphasizes the potential of annealing quantum computing to transform AI/ML by offering more efficient model training, reduced energy consumption, and faster time-to-solution D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has announced a significant expansion of its Leap quantum cloud service, targeting advancements in artificial intelligence…

TuesdayAug 13, 2024 9:00 am

D-Wave Quantum Inc. (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development Initiative

The “Quantum Programming Core” course experienced a 53% rise in enrollments, while total enrollments, including both the “Core” and “Foundations for Quantum Programming” courses, increased by 85% D-Wave provides access to its Leap(TM) quantum cloud service in 42 countries, allowing learners to utilize D-Wave software and tools including the Ocean(TM) SDK Nearly 90% of learners that have completed a D-Wave training course recommend it D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, recently announced a significant increase in enrollment for its quantum training courses. In the first half of 2024, the enrollment numbers…

MondayAug 12, 2024 9:45 am

Rising Domestic Violence Incidents Represents Expanding Opportunity for EM Tech Innovator SuperCom Ltd. (NASDAQ: SPCB)

Domestic violence worldwide is fostering a concerted response by criminal justice officials and legislators upset by the deadly fallout of offenders who violate court-ordered protective measures for victims Tennessee recently passed a statewide law establishing specific targets for electronic monitoring of offenders via GPS and communication with victims, creating clear and timely awareness of situations in which offenders are in proximity to victims Electronic monitoring technology innovator SuperCom Ltd. has developed a suite of hardware, connectivity, and software components designed to target the market for monitoring domestic violence offenders and alerting their victims to dangers SuperCom recently reported over $11…

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