CQTM is trading at $23.50, up 8.55% in pre-market amid a broader quantum-sector rally.
- Reports link renewed sector interest to federal CHIPS Act awards, providing $100 million each to D-Wave, Rigetti and Quantinuum; the awards are not a new CQTM-specific announcement.
- No direct CQTM catalyst was identified; supplied prior coverage likewise noted no CQTM-specific announcement.