The coming era of quantum computing how it will usher in a new era for our world one company on the cutting edge to consider today

Atoms dont follow the traditional rules of physics.

Our top scientists now understand that quantum particles can move forward or backward in time.

It gets crazier

They can also exist in two places at onceand even teleport.

Its mind-blowing stuff.

Now, consider that these strange behaviors are what leading technologists are trying to harness as they create a tool that will transform, well,everything.

***That tool is the quantum computer

Heres a boiled-down description from our hypergrowth expert, Luke Lango:

While the engineering behind quantum computing is super complex, the big idea is quite simple: Take the unique attributes of quantum mechanics such as super-positioning and entanglement and apply them to computing, so as to create a new generation of quantum computers that can do things infinitely faster than even the fastest supercomputers can do today.

Its hard to grasp the additional speed of these quantum computers, and what it means for coming technological advancements.

But consider this comparison from Peter Chapman, CEO of leading quantum startup, IonQ:

The differences between quantum computers and classical computers are even more vast than those between classical computers and pen and paper.

Futurist, Bernard Marr, writes that quantum computers can solve problems that would take a traditional computer a billion years to solve.

And this isnt just a later this decade kind of technology were already tiptoeing into this world.

FromMedium:

In 2019, Googles quantum computer did a calculation in less than four minutes that would take the worlds most powerful computer 10,000 years to do

This makes Googles quantum computer about 158 million times faster than the worlds fastest supercomputer

It is the seed for the worlds first fully functional quantum computer that can make better medicines, create smarter artificial intelligence and solve great riddles of the cosmos

As to the ability of quantum computers to change everything, there are many examples, but consider perhaps the most significant healthcare.

FromForbes:

Quantum computers could enable drastic progression in drug discovery and development, ultimately giving scientists the ability to solve problems that are currently intractable

Scientists, such as those at Swiss pharmaceutical company, Roche, hope that quantum simulations will speed up the development of drugs and vaccines to protect against the likes of Covid-19, influenza, cancer and even potentially find a cure for Alzheimers.

***Big tech is already funneling money into this budding technology

Google isnt the only big tech name pouring money into research here.

Back to Luke:

In December of 2019, Amazon announced that the company would be jumping into the quantum compute space by launchingBraket, its own Quantum Computing as a Service (QCaaS) business.

Not two weeks later, Intel unveiled a first-of-its-kind cryogenic control chip Horse Ridge to help facilitate the development of full-stack quantum computing systems.

More recently, IBM just shipped its first quantum computer to Germany (this summer), marking the first quantum computer in Europe. (Also this summer), researchers at the University of Innsbruck, Austria, fabricated a compact quantum computer processor that fits in two small boxes a huge step forward for the miniaturization of these computers.

Folks the quantum computing revolution startsnow and over the next decade, the rise of quantum computing will turn into one of Wall Streets biggest investment megatrends.

Lets put some numbers on Lukes claim.

FromGlobalNewswire:

The Global Quantum Computing Market Size is expected to value USD 487.4 million in 2021 and is expected to reach USD 3728.4 million by 2030 at a CAGR of 25.40% over the forecast period from 2021 to 2030.

We will be bringing you news of advancements here in theDigestover the coming years, as well as specific quantum-related recommendations for your portfolio. But its never too early to begin.

And so today, were peering over Lukes shoulder at a recent quantum computing play he wrote about in his service,The Daily 10X Stock Report. It turns out, this company is the same one that our venture capital expert, Cody Shirk, highlighted in his recent issue ofVenture Capital Digest.

Whats coming with quantum computing is going to be nothing short of astonishing. Today, lets put a company on your radar thats right in the middle of all of it.

***A pure-play quantum computing company

For newerDigestreaders, Luke is the analyst behindTheDaily 10X, as we call it. His specialty is finding market-leading tech innovators that are pioneering explosive trends, capable of generating 10X returns for investors over the long-term.

TheDaily 10Xis like nothing else we offer. Luke doesnt keep a portfolio or provide sell advice. But every day the market is open, he highlights a small cap stock with the potential to grow 1,000%.

Its a lucrative approach to the markets. To illustrate, in just the past five years, Luke has recommended 17 different 1,000%+ gaining stocks. Most investors never enjoy even one such 10X-winner.

Returning to quantum computers, whats the company on Lukes radar? The same that caught Cody Shirks eye?

From Luke:

The company were talking about isRigetti,who is coming public via a SPAC merger withSupernova Partners Acquisition Company II(SNII).

Rigetti is a pure-play quantum computing company founded in 2013 by someone we perceive as a modern-day genius, Chad Rigetti. Mr. Rigetti is an Applied Physics PhD from Yale that previously was a researcher for three years at IBMs quantum computing group. Very few people know the quantum computing industry like him.

Over the past eight years, Rigetti has established itself as a thought and technology leader in the quantum computing space. The company has secured huge partnerships with power tech players like Amazon Web Services and found itself cited in over 1,000 peer-reviewed publications. The company has also amassed a workforce in excess of 130 employees, over 40 of whom are PhD holders.

In Lukes issue, he dives into Rigettis competitive advantage its proprietary and scalable chip architecture. He notes that it appears to be highly effective and highly defensible.

But whats especially interesting at the moment is its valuation. At just $1.7 billion, its well beneath other quantum computing startups that are valued in the multi-billion-dollar range.

***How might Rigetti 10X your investment?

Lets go back to Luke:

Management pegs its addressable market at $850 billion, very similar to estimates being thrown around by other public quantum computing companies.

Revenues are expected around $600 million by 2026. That number could easily eclipse $1 billion by 2030.

Application software stocks of this ilk tend to trade around 11X sales.

That implies a long-term valuation target of $11 billion.

***One final note on Rigetti and quantum computing investing in general

Luke makes a great point, namely, that were in the earliest of the early days when it comes to investing here. That means plenty of risk we simply dont know who tomorrows winners will be.

In this type of situation, small position sizes in a basket of sector-related companies is often the best approach. This offers diversification, as well as the chance you align some of your money with tomorrows big winner.

On this note, heres Luke to take us out:

Were in love with the quantum computing market. I know. Were not supposed to fall in love in the stock market, but quantum computing is a rare exception because the trend will be that big and is that inevitable.

When you find a trend with huge potential like this, you have to take multiple shots on goal within the industry to maximize your return potential.

That is mostly why Rigetti is so interesting. It is another high-quality shot on goal in the quantum computing industry.

Have a good evening,

Jeff Remsburg

Read this article:

The Next Megatrend Has Started - InvestorPlace