News & Events zu Eaton Corporation PLC (ETN)ETNEaton Corporation PLC

Eaton Awarded Multi-Million Dollar Contracts from BSD Builders, Inc.

Eaton was awarded multi-million-dollar contracts from BSD Builders, Inc. to supply leading-edge technology to help skilled nursing facilities across California comply with state-mandated emergency power requirements. California Assembly Bill 2511 requires skilled nursing facilities to provide a minimum of 96 hours of onsite power. Eaton and BSD Builders, Inc. are helping healthcare facilities meet this mandate with upgrades designed to enhance reliability and safety during outages. These projects demonstrate how Eaton's Buildings as a Grid approach helps build flexible energy systems that manage power far more effectively.

Quantinuum Partners with Oracle for Quantum Computing

Welcome to the latest edition of "Quantum Leap" where The Fly decodes news and activity in the quantum computing space.HYBRID QUANTUM-AI INFRASTRUCTURE:Quantinuumand Oracleentered a multi-year strategic partnership to bring quantum computing to Oracle Cloud Infrastructure. Under the partnership, OCI customers will be able to directly access Quantinuum's Helios through OCI's quantum service, alongside OCI's high-performance computing and GPU infrastructure. Together, Quantinuum and Oracle plan to explore how hybrid quantum-AI infrastructure could address some challenges facing enterprises and broaden access for universities and research institutions advancing scientific discovery and education. The partnership reflects a shared vision that the future of enterprise computing will be built on the convergence of AI, classical supercomputing, and quantum computing.ANNEALING QUANTUM COMPUTERS:D-Wave Quantumhas been awarded up to C$300,000 in funding from the National Research Council of Canada's Applied Quantum Computing Challenge program to advance annealing quantum computing software for commercial applications. In collaboration with the NRC, D-Wave's team located at its Quantum Centre of Engineering Excellence in Burnaby, British Columbia, will develop next-generation software and algorithms to help organizations solve larger, more complex optimization problems on D-Wave's Advantage annealing quantum computers. The project will create new graph minor-embedding algorithms for D-Wave's Zephyr topology and integrate them into the company's open-source Ocean software development kit.GRID CONTINGENCY:Infleqtionnoted that Eatonselected the company to support new research evaluating how quantum computing can improve the resilience of the U.S. electrical grid. As part of an Eaton award from the Air Force Research Laboratory, Infleqtion received a subcontract to apply quantum computing hardware to support grid contingency analysis. Infleqtion and Eaton aim to advance reliability analysis used by utilities to predict and prevent cascading power outages.LAWSUIT:Quantum Cyberannounced that it has filed a complaint in the Supreme Court of the State of New York, County of New York, against White Diamond Research, Adam Gefvert and Stocktwits. The complaint asserts causes of action for market manipulation and conspiracy to commit market manipulation under New York General Business Law Section 339, and for defamation, seeking damages over $5.69M, together with exemplary damages. The company said, "As alleged in the complaint, on or about June 29, 2026, White Diamond published a report concerning the Company that contained false, misleading, and disparaging statements about the Company's business and its Chief Executive Officer. The complaint alleges that White Diamond markets itself publicly as "an Independent institutional-grade research" firm, while burying on a tertiary webpage on its own site it discloses that White Diamond "along with its clients, affiliates, and related entities, may have a short position in the securities discussed and stand to realize significant gains in the event that the price of the stock declines." The complaint further alleges, that both White Diamond and Mr. Gefvert likely profited from the effects of the report through short positions in QUCY. The complaint further alleges that Stocktwits, which the Company had retained to disseminate its business and press releases, made a deliberate editorial decision to publish and amplify the White Diamond report through the "News" section of its platform to its more than five million registered users, and subsequently pushed the content onto Apple Stocks and Yahoo! Finance, making it available to hundreds of millions of additional readers. According to the complaint, at no point in its publication, dissemination, or accompanying commentary did Stocktwits or its staff writer include any disclaimer regarding White Diamond's position as a proprietary short-selling market participant. The complaint alleges that this omission led readers to the false impression that White Diamond was an independent research firm with no financial interest in a decline in QUCY's share price, and that Stocktwits published the report with reckless disregard for its truth or falsity."GOVERNMENT CONTRACTS:IonQwas awarded a $28M contract extension through the Defense Advanced Research Projects Agency, or DARPA, It's About Time program. Under the program, IonQ will advance its scalable clock production capabilities for its Evergreen-05 optical atomic clocks and deliver 125 units to U.S. government customers. The clocks are designed for mission-critical applications including radar, secure communications, and precision geolocation. Originally developed under DARPA's Robust Optical Clock Network program, IonQ's Evergreen-05 is a compact, fully integrated optical atomic clock with a 5-liter, shoe box-sized form factor. It delivers timing stability of 50 femtoseconds at one second and nanosecond holdover over 10 days-projecting to a timing error of less than one second over 30M years. The company also reported that Capella, an IonQ company, has been awarded a contract under the National Reconnaissance Office's, or NRO, Radar Commercial Augmentation program. Under the contract, the company will provide commercial synthetic aperture radar imagery and data services in support of U.S. national security missions. Through the RCA program, Capella will provide commercial radar imagery and data services.ANALYST COMMENTARY:Bernstein raised the firm's price target on Quantinuum to $95 from $94 and reiterated an Outperform rating on the shares. The company reported Q2 earnings after the market closed on Tuesday beating consensus on revenue and EPS and raising full year revenue guidance but missing slightly on Adjusted EBITDA. The results also included the IPO related costs including SBC that was triggered by the IPO. The stock was down slightly in the aftermarket. But the Quantinuum story is less about the near term numbers and more about the company's ability to deliver their fourth and fifth generation quantum computers on schedule, Bernstein added.Jefferies lowered the firm's price target on Rigetti Computingto $18 from $20 and maintained a Hold rating on the shares following Q2 results. The firm remains constructive on long-term progress, but maintained a Hold rating as execution against near-term fidelity targets is still needed, the analyst told investors in a post-earnings note.Roth Capital cut its price target on D-Wave Quantum to $30 from $40 and kept a Buy rating on the shares. D-Wave Quantum noted growing commercial traction in its QCaaS business and expanding system sales pipeline, with performance advantages and a broad annealing and gate-model offering supporting its competitive positioning, the analyst noted.Morgan Stanley boosted its price target on IonQto $49 from $48.50 and affirmed an Equal Weight rating on the shares. Q2 results showed strong commercial momentum, with Tempo deployments driving upside and RPO expanding, the analyst told investors.Canaccord lowered the firm's price target on Xanadu Quantumto $34 from $45 and backed a Buy rating on the shares. The firm noted they posted their second quarter since going public and said its revenue growth was driven primarily by DARPA Stage B program revenue, though it declined sequentially from $2.8M on lower grant revenue in the quarter. Canaccord said its long-term thesis on Xanadu remains intact. Xanadu is the only public pure-play photonic quantum computing company.

Eaton Selects Infleqtion to Support Quantum Computing Research

Infleqtion (INFQ) announced that Eaton (ETN)selected Infleqtion to support new research evaluating how quantum computing can improve the resilience of the U.S. electrical grid. As part of an Eaton award from the Air Force Research Laboratory, ARFL, Infleqtion received a subcontract to apply quantum computing hardware to support grid contingency analysis. Infleqtion and Eaton aim to advance reliability analysis used by utilities to predict and prevent cascading power outages.