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Quantum Computing Inc. (QCi), trading under the symbol QUBT, is an American company specializing in quantum computing and artificial intelligence software development. QCi focuses on creating heterogeneous software that can run on various quantum platforms. The company is headquartered in Leesburg, Virginia, and is known for its innovative approach to delivering quantum products for high-performance computing applications. QCi's products operate at room temperature, use low power, and are cost-effective. The company's portfolio includes a financial portfolio optimizer, which helps financial advisors and investment managers make optimal investment decisions, and cybersecurity applications.
Recently, QCi announced a successful partnership with NASA, where they have been awarded a project to denoise LiDAR spectral information using their proprietary Entropy Quantum Computing (EQC). This project aims to enhance NASA's capabilities to measure the physical properties of clouds and aerosols in lower earth orbit. QCi's Chief Executive Officer, Dr. William McGann, expressed excitement about the project and highlighted the potential of their upcoming launch of the Dirac-3, a high-dimensional Entropy Quantum Machine.
In addition to their work with NASA, QCi recently commercialized their quantum optimization platform, Dirac-3, designed to address complex problems with larger numbers of variables. The Dirac system is the first of its kind to natively solve integer problems using quantum digits (qdits), expanding the use of quantum technology in optimization solutions. This innovative product has garnered interest from various industries, including healthcare, financial services, supply chain, and autonomous vehicles.
Quantum Computing Inc. (QUBT) has appointed Michael C. Turmelle to its board of directors, enhancing its leadership with his extensive experience in finance and operations within technology companies. Turmelle aims to leverage his background to drive innovative solutions and support QCI's mission in delivering quantum computing advantages to business users. His track record includes significant revenue growth and operational efficiency at previous companies. Quantum Computing Inc. focuses on bridging classical and quantum computing for practical business applications.
Quantum Computing Inc. (QUBT) has appointed William J. McGann, Ph.D. as Chief Operating and Technology Officer. McGann, with over 30 years of experience, will lead QCI's quantum software initiatives and technological innovation. Previously, he served as Chief Technology Officer for Leidos Corp. and has a strong background in quantum technology and product commercialization. QCI aims to enhance its position in the quantum software market, leveraging McGann's expertise to advance its flagship product, Qatalyst, and meet market demands.
Quantum Computing Inc. (QCI) (Nasdaq: QUBT) will present at the Benchmark Discovery 1x1 Investor Conference on December 2, 2021. CEO Robert Liscouski and CFO Chris Roberts will engage in one-on-one meetings with institutional analysts and investors. They will showcase Qatalyst™, their recently recognized quantum software for vehicle sensor placement, selected in the final round of the BMW Group and Amazon Web Services Quantum Computing Challenge. QCI also collaborates with AWS and Los Alamos National Laboratory to tackle complex computational challenges.
Quantum Computing Inc. (QCI) (Nasdaq: QUBT) will present at the ROTH 10th Annual Technology Event on November 17-18, 2021. CEO Robert Liscouski and CFO Chris Roberts will showcase QCI's flagship Qatalyst™ software, which integrates classical and quantum computing to address complex business challenges in sectors like logistics, drug discovery, and cybersecurity. Qatalyst is delivered as SaaS on AWS, enhancing accessibility. Amazon recently announced the AWS Center for Quantum Computing, further solidifying QCI's position in the quantum market.
Quantum Computing Inc. (QUBT) announced that its Qatalyst quantum software was selected as a finalist in the BMW Group and Amazon Web Services Quantum Computing Challenge. The competition focuses on optimizing vehicle sensor placements for improved obstacle detection, utilizing quantum computing techniques. This recognition highlights quantum computing's potential for real-world industrial applications. Bob Liscouski, CEO of QCI, expressed confidence in the growing relevance of quantum solutions for commercial challenges. The final presentation will occur in December, with winners announced at the Q2B Conference.
Quantum Computing, Inc. (Nasdaq: QUBT) will participate in the IQT Fall 2021 Panel on November 5, 2021, discussing Novel Capabilities for Quantum Computing. Rebel Brown, VP of Strategy & Marketing, will lead the session focusing on quantum software markets, including commercial opportunities and functionalities like optimization, simulation, and AI.
Key topics will cover diverse results from quantum computing, techniques for improving classical computations, and strategies to avoid vendor lock-in. The event will be held virtually and in-person, starting at 10:15 AM EDT.
Quantum Computing, Inc. (QUBT) will participate in the NextGen Supply Chain Conference on November 4, 2021, discussing how quantum computing can transform the supply chain and logistics sectors. Rebel Brown, QCI's VP of Strategy & Marketing, and other panelists from notable companies like Honeywell and Avetta will explore the impact of quantum technologies on supply chain optimization. This discussion is timely as industries adapt to changes precipitated by COVID-19, emphasizing the need for innovative solutions to enhance logistics.
On October 25, 2021, Steve Reinhardt, VP of product development at Quantum Computing, Inc. (Nasdaq: QUBT), will present at the INFORMS Annual Meeting's session on 'Quantum Computing in Industry'.
The presentation, titled 'Bridging Constrained-optimization Users To Higher Classical And Quantum Performance', will take place from 2:45 PM to 4:15 PM PDT in Virtual Room 42. Reinhardt will discuss recent advancements in quantum computing, focusing on its applications in logistics and cybersecurity, emphasizing the need for accessible quantum technologies for business users.
Quantum Computing, Inc. (QUBT) has announced participation in IEEE Quantum Week 2021, featuring CEO Robert Liscouski and VP Steve Reinhardt as panel speakers. Liscouski will discuss the multi-industry applications of quantum technology on October 19, while Reinhardt will address development challenges for early quantum computing applications on October 21. The event will provide insights into potential uses of quantum technologies in AI, cryptography, and defense sectors.
Quantum Computing Inc. (QUBT) announced groundbreaking research at the D-Wave Qubits Conference, showcasing the domain-wall encoding method in quantum computing.
This innovative approach enhances optimization problem-solving, surpassing traditional methods like binary encoding. Findings indicate a 30% increase in problem size solvable by quantum computers. The research, led by Dr. Nick Chancellor, emphasized the importance of understanding the physical interactions within quantum systems for improved computation efficiency.
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