Post Merger/DeSPAC News

Palo Alto, Calif. – D-Wave Quantum Inc. (NYSE: QBTS) announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $15 million, up over 500% year-over-year, and a record quarterly GAAP gross profit of $13.9 million. The quarter-end cash position reached a record of $304.3 million.

Limassol, Cyprus – GDEV Inc. (NASDAQ: GDEV), announced the development of Pixel Gun 2, a cross-platform sequel to Pixel Gun 3D. Developed by Cubic Games, it is set to launch in early 2026 on iOS, Android, and Steam, with console versions to follow. Pixel Gun 2 aims to provide a next-generation arena shooter experience while keeping the pixel-art style.

NÜRTINGEN, Germany – ADS-TEC Energy (NASDAQ: ADSE) has secured up to $50 million in growth capital from institutional investors to expand across Europe and North America. The offering is expected to close on May 1, 2025, pending customary conditions.

Dallas, TX – Aurora Innovation, Inc. (NASDAQ: AUR) has launched its commercial self-driving trucking service in Texas. Following the closure of its safety case, Aurora began regular driverless customer deliveries between Dallas and Houston this week.

OREM, Utah – SunPower (Nasdaq: SPWR) reported its Q1 2025 results, marking its first profitable quarter in four years. The company, formerly Complete Solaria, Inc., achieved a revenue of $80.2 million and a profit of $1.3 million.

GAITHERSBURG, Md. and OAKLAND, Calif. – GeneDx (Nasdaq: WGS) announced its plans to acquire Fabric Genomics, a pioneer in AI-powered genomic interpretation. The transaction aims to enable decentralized testing with centralized intelligence.

Palo Alto, CA – CXApp Inc. (Nasdaq: CXAI) announced its Q4 and Annual 2024 financial results, highlighting the transformation to an AI-centric subscription application business and the successful deployment of new products CXAI Kiosk and CXAI VU.

New York – Rezolve Ai (NASDAQ: RZLV) has finalized its acquisition of GroupBy Inc., GroupBy International Ltd., GroupBy USA Inc., and GroupBy UK Ltd. (collectively, “GroupBy”). The acquisition, initially announced on February 11, 2025, was completed on March 25, 2025.

Houston, TX – Intuitive Machines, Inc. (Nasdaq: LUNR), a space technology, infrastructure, and services company, has announced its financial results for Q4 and the full year ending December 31, 2024.