The Motley Fool · Sep 29, 2021
Why Shares of Arqit Quantum Were Up Nearly 11% Today
The recent SPAC merger is solving a security problem of the future... now.
DM
NYSE · DMYI
dMY Technology Group, Inc. III
Financial Services · Shell Companies
$10.40
Down-$0.53 (-4.85%)
Updated Aug 30, 2026, 10:23 AM
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- Market cap
- 2.08B
- P/E ratio
- -12.48
- Dividend yield
- 0.00%
- 52-week range
- — – —
- Volume
- 4.76M
- Avg. volume
- 1.27M
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Overview
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Company profile
dMY Technology Group, Inc. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and complete its initial business combination with a company within the mobile app ecosystem. The company was incorporated in 2020 and is based in Las Vegas, Nevada.
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| Date | Firm | Rating | Target |
|---|---|---|---|
| Jul 8, 2021 | Benchmark | Buy | — |
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Benzinga · Jul 23, 2021
Is Arqit's Quantum Encryption The Future Of Cybersecurity?
Quantum computing has always seemed like a technology that is far down the road. A quantum future is not distant, however, with companies like IBM Corp. (NYSE: IBM), Alphabet, Inc. (NASDAQ: GOOGL), and IonQ, Inc. (NYSE: DMYI) all promising to build game-changing quantum computers over the next decade. Quantum Computing & Cybersecurity Quantum computers can solve problems exponentially faster than traditional computers. They do this by leveraging “superposition,” which allows a quantum bit (qubit) to simultaneously exist in multiple states (zero and one), while bits in a traditional computer must be in one (zero or one). Superposition allows quantum computers to test multiple outcomes in parallel, while a traditional computer must test each outcome separately. As such, quantum computing presents imminent security risks to traditional public and private key infrastructure (PKI). Related Link: Decoding The Stock Market With Quantum Computers The Arqit ...
Benzinga · Jul 22, 2021
EXCLUSIVE: IonQ CEO Talks Partnerships With Google, Amazon, Microsoft
IonQ is set to go public via special purpose acquisition company DMY Technology Group Inc III (NYSE: DMYI) with a pro forma implied market cap of approximately $2 billion. IonQ CEO Peter Chapman appeared on Benzinga's YouTube show "SPACs Attack" for an exclusive interview Thursday. Quantum computing allows computers to solve the world's most complex problems. Chapman told Benzinga that IonQ has many big name investors and partners that either have a need for a quantum computer or believe that quantum computing is the future of the computer industry. Investors and partners in IonQ include Alphabet Inc (NASDAQ: GOOG), Amazon.com Inc (NASDAQ:
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