With quantum computing firms making bigger and bigger headlines thanks to their technological achievements in recent quarters, it's no wonder that enthusiasm for these companies has skyrocketed. However, the reality that many firms are far from profit and widespread marketability has depressed share prices across the board. Is it time for major players like D-Wave Quantum Inc. (NYSE: QBTS) to move to the side to make way for new-to-market firms with fresh momentum?
The pure-play quantum space is small but growing at a rapid pace, and a handful of firms have undergone the IPO process just in the last several months. By nature, these companies are new to investors and largely untested. On top of that, they exist in a cutthroat and developing industry that is highly speculative—that's all to say, the companies below are high-risk plays. However, quantum computing bulls may also see tremendous potential in them, possibly even eclipsing D-Wave and other established rivals.
