• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Quantum Announces LTO-10 Support for Scalar Tape, Delivering the Industry's Highest Capacity to Store More, Scale Faster, and Preserve Every Bit

    5/29/25 1:43:00 PM ET
    $QMCO
    Electronic Components
    Technology
    Get the next $QMCO alert in real time by email

    With support for the latest LTO standard, Quantum's backup, archive, and object storage platforms offer unmatched density and efficiency, ideal for AI, compliance, and long-term data growth

    Quantum® Corporation (NASDAQ:QMCO), today announced support for LTO® Ultrium® format generation 10 full-height tape drives in its Scalar tape libraries, including industry-Scalar® i7 RAPTOR, Scalar i6, and Scalar i6000 systems. This latest advancement strengthens Quantum's leadership in delivering high-density, secure, and cost-effective archival storage solutions. By combining the massive native capacity of 30 TB per LTO-10 cartridge (up to 75 TB compressed at 2.5:1) with Quantum's advanced tape automation and intelligent management software, customers gain the highest storage density, lowest total cost of ownership, and strongest cyber protection—ideal for long-term archiving in an era where preserving every bit of data is essential to staying competitive.

    Quantum, along with IBM® and HPE®, is a long-standing member of the LTO Consortium, the group of companies that directs development and manages licensing and certification of LTO. LTO-10 serves as a core enabling technology across Quantum's end-to-end solutions, powering integrated cold storage tiers ActiveScale® object storage, extending automated archival tiers in StorNext® file system, and enhancing long-term backup retention DXi® data protection appliances. These deep integrations unlock the highest levels of seamless, scalable storage, from high-performance workflows to ultra-durable, AI-ready archives.

    In anticipation of the new standard, Quantum designed the new Scalar i7 RAPTOR to deliver the highest storage density of any tape library on the market—up to 60 PB (LTO-10 native) in a single rack, and more than 3x the density of competing systems today. This translates to 70% lower operational costs through significant floor space, power, and cooling savings. Combined with Quantum's exclusive security features like Ransom Block, Tape Blocking, and Active Vault, the Scalar platform delivers true air-gapped protection to defend against ransomware and cyber threats.

    "The introduction of LTO-10 marks a major leap forward in tape technology," said Fred Moore, president, Horison Information Strategies. "Its capacity, performance, and architectural improvements make it the most compelling choice for petabyte-scale, long-term data retention—especially in today's AI-driven, video-rich, and compliance-heavy environments. The combination of LTO-10 and Quantum's tape-integrated solutions offers exactly the kind of high-capacity, low-cost solution customers need to solve the challenge of storing data indefinitely."

    "Scalar i7 RAPTOR integrates seamlessly with Quantum StorNext NAS and SAN file workflows, ActiveScale object storage, and DXi deduplicated backup to deliver scalable, efficient cold storage across the data lifecycle," said Bruno Hald, vice president and general manager of secondary storage at Quantum. "When paired with Scalar i7 RAPTOR, our S3-compliant ActiveScale solution becomes a powerful on-prem Glacier-class archive—now supporting LTO-10 and delivering up to 60 PB per frame and up to 70% lower cost for long-term data retention at exabyte scale."

    The new LTO-10 drives feature multiple interface options, including 32 Gb Fibre Channel and 12 Gb SAS, delivering up to 400 MB/s per drive. The LTO-10 SAS drives also support active optical connectivity, expanding cable distances from 10 to 100 meters, providing increased deployment flexibility. Unlike previous generations, LTO-10 requires no media calibration, streamlining operations and improving efficiency.

    Quantum is currently accepting orders for LTO-10-based solutions including Scalar i7 Raptor, Scalar i6, Scalar i6000, and within ActiveScale object storage, and expects shipments to begin later this quarter. For more information on LTO-10 drives, visit www.quantum.com/lto-10. For more information on Quantum's data lifecycle management solutions to propel, protect and preserve every bit of data, visit www.quantum.com

    Quantum, the Quantum logo, Scalar, and ActiveScale are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries.

    LTO and Ultrium are registered trademarks of Hewlett Packard Enterprise, IBM, and Quantum Corporation.

    All other trademarks are the property of their respective owners.

    Forward-Looking Statements

    The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of LTO-10, and Quantum's Scalar, ActiveScale, StorNext, and DXi solutions as well as our business prospects, changes and trends in our business and the markets in which we operate.

    These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks, and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.

    These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for LTO-10 , and Quantum's Scalar, ActiveScale, StorNext, and DXi solutions develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") and any subsequent filings with the SEC. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250529617070/en/

    Media Contact:

    Sara Beth Fahey

    Matter Communications

    [email protected]

    401.351.9507

    Get the next $QMCO alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $QMCO

    DatePrice TargetRatingAnalyst
    2/10/2022$4.00Buy → Neutral
    B. Riley Securities
    2/10/2022Outperform → Perform
    Oppenheimer
    More analyst ratings

    $QMCO
    SEC Filings

    View All

    Quantum Corporation filed SEC Form 8-K: Termination of a Material Definitive Agreement, Results of Operations and Financial Condition, Other Events, Leadership Update

    8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

    8/18/25 4:02:14 PM ET
    $QMCO
    Electronic Components
    Technology

    SEC Form NT 10-Q filed by Quantum Corporation

    NT 10-Q - QUANTUM CORP /DE/ (0000709283) (Filer)

    8/15/25 4:07:07 PM ET
    $QMCO
    Electronic Components
    Technology

    Quantum Corporation filed SEC Form 8-K: Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

    8-K - QUANTUM CORP /DE/ (0000709283) (Filer)

    8/8/25 4:31:17 PM ET
    $QMCO
    Electronic Components
    Technology

    $QMCO
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Quantum Expands Distribution Network Across China, India, and the ASEAN Region to Accelerate Growth and Enhance Customer Experience in High-Growth, Data-Driven Markets

    Quantum Corporation (NASDAQ:QMCO) today announced the strategic expansion of its distribution model across the high-growth technology markets of China, India, and the ASEAN region. Building on Quantum's strong foundation laid in the Asia-Pacific market, this expansion is designed to meet increasing demand for advanced data protection and management solutions, particularly as the growth of AI, machine learning, and unstructured data reshapes how organizations operate. To scale growth potential faster and more efficiently, Quantum has entered into exclusive distribution agreements with four regional leaders: ChangHong IT (CHIT) in China, Rashi Peripherals Limited in India, Hibino Graphics C

    8/5/25 3:00:00 PM ET
    $QMCO
    Electronic Components
    Technology

    ASI Solutions Launches InfiniStor: Revolutionary Cloud Storage for New Zealand, Powered by Quantum ActiveScale

    InfiniStor offers unmatched affordability, 19 nines of data durability, and S3 simplicity with local hosting, transparent pricing, and unlimited data access Quantum Corporation (NASDAQ:QMCO) today announced that ASI Solutions, a premier IT services provider in Australia and New Zealand, has launched ASI Cloud InfiniStor, a groundbreaking cloud storage platform built on Quantum ActiveScale® object storage. Tailored for New Zealand organizations, InfiniStor delivers secure, cost-effective, and locally hosted storage with unparalleled reliability and transparency. With nearly 40 years of serving public sector and enterprise clients, ASI Solutions developed InfiniStor to meet the demand for

    8/5/25 8:00:00 AM ET
    $QMCO
    Electronic Components
    Technology

    Quantum Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-K Filing

    Quantum Corporation (NASDAQ:QMCO) announced today that it received a notice (the "Notice") from the Listing Qualifications staff of the Nasdaq Stock Market LLC ("Nasdaq") on July 17, 2025 stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company's delay in filing its Annual Report on Form 10-K for the fiscal year ended March 31, 2025 (the "Annual Report") with the Securities and Exchange Commission (the "SEC"). On June 30, 2025, the Company filed a Notification of Late Filing on Form 12b-25 indicating that the filing of the Annual Report would be delayed due to additional time needed to review its accounting related to certain revenue con

    7/23/25 4:05:00 PM ET
    $QMCO
    Electronic Components
    Technology

    $QMCO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Quantum downgraded by B. Riley Securities with a new price target

    B. Riley Securities downgraded Quantum from Buy to Neutral and set a new price target of $4.00

    2/10/22 8:32:16 AM ET
    $QMCO
    Electronic Components
    Technology

    Quantum downgraded by Oppenheimer

    Oppenheimer downgraded Quantum from Outperform to Perform

    2/10/22 7:39:49 AM ET
    $QMCO
    Electronic Components
    Technology

    Northland Securities initiated coverage on Quantum with a new price target

    Northland Securities initiated coverage of Quantum with a rating of Outperform and set a new price target of $12.00

    3/11/21 8:07:24 AM ET
    $QMCO
    Electronic Components
    Technology

    $QMCO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    SEC Form 3 filed by new insider Craythorne Anthony

    3 - QUANTUM CORP /DE/ (0000709283) (Issuer)

    7/14/25 4:12:24 PM ET
    $QMCO
    Electronic Components
    Technology

    Director Fichthorn John was granted 4,405 shares, increasing direct ownership by 41% to 15,271 units (SEC Form 4)

    4 - QUANTUM CORP /DE/ (0000709283) (Issuer)

    5/5/25 5:18:43 PM ET
    $QMCO
    Electronic Components
    Technology

    New insider Fichthorn John claimed ownership of 10,866 shares (SEC Form 3)

    3 - QUANTUM CORP /DE/ (0000709283) (Issuer)

    4/30/25 4:03:45 PM ET
    $QMCO
    Electronic Components
    Technology

    $QMCO
    Leadership Updates

    Live Leadership Updates

    View All

    Ouster Appoints New Chief Financial Officer

    Ken Gianella brings 25+ years of financial experience in the technology sector to Ouster's Executive Team Ouster, Inc. (NASDAQ:OUST) ("Ouster" or the "Company"), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today the appointment of Kenneth Gianella as Chief Financial Officer, effective May 19, 2025. Ken will succeed interim CFO Chen Geng, who will continue at the Company as Senior Vice President, Strategic Finance & Treasurer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250429226707/en/Ouster CFO Ken

    4/29/25 5:45:00 PM ET
    $ITRI
    $OUST
    $QMCO
    Electrical Products
    Industrials
    Industrial Machinery/Components
    Electronic Components

    Quantum Announces New Strategic Investor Dialectic Purchases $51 Million of Outstanding Debt

    Signals Next Step in Transforming Go-to-Market Growth Initiatives in Data Management for the AI Era Appoints John Fichthorn to the Board and Lewis Moorehead as Chief Financial Officer Quantum Corporation (NASDAQ:QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced several strategic developments to provide financial and operational flexibility, facilitate growth initiatives, and better serve the evolving data needs of today's AI-driven organizations. Dialectic Capital Management, an investment management firm, has purchased all of Quantum's $51 million of outstanding term debt previously held by Blue Torch Capital. With this transfer, John

    4/3/25 5:00:00 PM ET
    $QMCO
    Electronic Components
    Technology

    Quantum Provides Additional Business Updates

    Quantum Corporation (NASDAQ:QMCO), a leader in solutions for AI and unstructured data, provided additional updates on its business. Fiscal Fourth Quarter 2024 Liquidity Update Quantum's unaudited cash and long-term debt balances as of March 31, 2024, are provided below: Cash and cash equivalents were $26.1 million. Outstanding term loan debt was $87.9 million, Outstanding borrowings under the revolving credit facility was $26.6 million, Total interest expense for the three-month period ended March 31, 2024, was $4.1 million. Quantum has not completed preparation of its financial statements for the fourth quarter and full fiscal year ended March 31, 2024. The unaudited fin

    4/12/24 4:05:00 PM ET
    $QMCO
    Electronic Components
    Technology

    $QMCO
    Financials

    Live finance-specific insights

    View All

    Quantum Delays Form 10-K Filing for Fiscal Year Ended March 31, 2025

    Quantum Corporation (NASDAQ:QMCO), today announced that it has filed a Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended March 31, 2025. As such, the planned release of the Company's fiscal 2025 financial results today and the business update conference call originally scheduled to be held on Thursday, July 3, 2025 will be delayed. The Company is reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards. The results of the review will need to be reflected in its financial statements for fiscal 2025 in the Company's Annual Report

    6/30/25 4:21:00 PM ET
    $QMCO
    Electronic Components
    Technology

    Quantum to Release Fiscal Fourth Quarter and Full Year 2025 Financial Results on Monday, June 30, 2025

    Quantum® Corporation (NASDAQ:QMCO) ("Quantum" or the "Company") today announced it will release financial results for its fiscal fourth quarter and full year 2025 on Monday, June 30, 2025, after the markets close. Newly appointed Chief Executive Officer, Hugues Meyrath, and Chief Financial Officer, Lewis Moorehead, will host a Business Update conference call and review of the Company's fiscal 2025 financial results on Thursday, July 3, 2025 at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time). Analysts and investors are invited to join the conference call using the following information: Conference Call Date: Thursday, July 3, 2025 Time: 8:30 a.m. ET (5:30 a.m. PT) Conference Call Numbe

    6/18/25 8:00:00 AM ET
    $QMCO
    Electronic Components
    Technology

    Quantum Computing Just Took Another Giant Leap--What It Means for Investors

    Issued on behalf of Scope Technologies Corp.USA News Group News Commentary VANCOUVER, BC, March 13, 2025 /PRNewswire/ -- We are marching towards a quantum computing reality faster than ever. In the latest groundbreaking achievement, scientists just unveiled Aurora, a quantum computer that operates at room temperature—one of the biggest leaps so far toward scalable quantum computing. But with great leaps, come even greater vulnerabilities, with what security experts have dubbed as "q-day", the day when quantum computing power gets into the hands of bad actors. Europol (a multinational EU security organization) already urgently imploring financial institutions and policymakers to prioritize th

    3/13/25 9:53:00 AM ET
    $IONQ
    $QMCO
    $QUBT
    EDP Services
    Technology
    Electronic Components
    Computer Software: Prepackaged Software

    $QMCO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Quantum Corporation

    SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

    12/4/24 12:24:18 PM ET
    $QMCO
    Electronic Components
    Technology

    Amendment: SEC Form SC 13D/A filed by Quantum Corporation

    SC 13D/A - QUANTUM CORP /DE/ (0000709283) (Subject)

    8/15/24 7:45:57 PM ET
    $QMCO
    Electronic Components
    Technology

    SEC Form SC 13G/A filed by Quantum Corporation (Amendment)

    SC 13G/A - QUANTUM CORP /DE/ (0000709283) (Subject)

    2/14/24 5:09:30 PM ET
    $QMCO
    Electronic Components
    Technology