High interest rates in the current environment increase the cost of capital for growth-oriented technology companies like QUBT, making it harder to fund research and development and expansion, and potentially devaluing future earnings.

Global geopolitical instability, such as the escalating Middle East conflict, could lead to increased government focus and funding on critical technologies like quantum computing and cybersecurity for national security, potentially benefiting QUBT through new contracts or initiatives.

Overall investor sentiment and funding trends in the nascent quantum computing and deep tech sectors significantly impact QUBT's valuation and its ability to secure capital for ongoing development and commercialization, as it remains largely a development-stage company with early revenues.