Quantum Computing Inc. Common - QUBT STOCK NEWS

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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.

09/26/2023 08:00 AM

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Quantum Computing Inc. Appoints Dr. Javad Shabani, NYU Director of the Center for Quantum Information Physics, to its Technical Advisory Board

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Quantum Computing Inc. (QCi) (Nasdaq: QUBT) appoints Dr. Javad Shabani, an expert in quantum materials and devices for computation technologies, to its Technical Advisory Board. Dr. Shabani joins a team of industry veterans, focusing on guiding the strategic evolution of QCi's technology and ensuring effective commercialization of product rollouts.

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09/21/2023 08:00 AM

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Quantum Computing Inc. Selects Tempe, Arizona as the Site for its Quantum Photonic Chip Foundry

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Quantum Computing Inc. (QCi) chooses ASU Research Park in Arizona as the location for its new quantum photonic chips manufacturing facility. The facility will accelerate advanced technology development in nanophotonics and optical chip manufacturing. Lithium niobate nanophotonic circuits will be used in QCi's products and for general sale. QCi has placed deposits of $2 million for the facility and plans to begin the buildout in Q4 2023. QCi anticipates chip manufacturing to commence in H1 2024. The company believes it is in a strong position to benefit from the CHIPS and Science Act of 2022. The expansion into Arizona is a strategic initiative for QCi due to the State's leadership in optics and interest in quantum computing. The move is expected to enhance Tempe's economic development and establish a quantum technology sector.

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09/19/2023 08:00 AM

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Quantum Computing Inc. Federal Subsidiary, Qi Solutions, Signs Five-Year Overarching Cooperative Research and Development Agreement (OCRADA) with U.S. Special Operations Command (USSOCOM)

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QI Solutions signs 5-year CRADA with USSOCOM to develop quantum technology applications. QI Solutions to work with USSOCOM's S&T Directorate on advanced quantum solutions for Special Operations Forces. QCi sees this as a significant opportunity for growth.

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09/05/2023 06:00 AM

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Quantum Computing Inc. and European-Based Assured Cyber Protection Ltd Enter into Sales and Teaming Agreement

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Quantum Computing Inc. (QCi) has signed a strategic sales and teaming agreement with Assured Cyber Protection Ltd (Recyber) to market and deliver their proprietary cyber security technologies and products. The agreement aims to achieve a Zero-Trust network environment using quantum authentication and Post Quantum Cryptography solutions. The companies have identified 13 sales opportunities and have advanced discussions with international organizations in healthcare, education, government, and banking sectors. The teaming agreement requires the party initiating a client engagement to receive 10% of gross revenue, with the remaining revenue divided based on tasks and technology solutions implemented. Recyber will become one of the first companies in Europe to offer quantum authentication and encryption solutions through this partnership. QCi's core technology is based on non-linear quantum optics and nanophotonic technologies, which contribute to holistic cybersecurity protection. The company has developed a unique Zero-Knowledge Proof Quantum Communication Protocol for authentication vulnerability security. The partnership between QCi and Recyber will explore sales and global expansion into other markets for QCi's quantum intelligence, sensing, imaging, and computing technology platform products.

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08/14/2023 04:01 PM

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Quantum Computing Inc. Reports Second Quarter and First Half 2023 Financial Results

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Quantum Computing Inc. (QCi) (Nasdaq: QUBT) Initiates Commercialization and Multiple Product Launches, Reports Financial Results for Second Quarter 2023

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07/19/2023 08:00 AM

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Quantum Computing Inc. Launches the First Quantum Photonic Vibrometer, Featuring Groundbreaking Capabilities in Detecting Highly Obscured and Non-Line-of-Sight Objects at Great Distances

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07/13/2023 08:00 AM

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Quantum Computing Inc. Receives Third NASA Subcontract Award

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Quantum Computing Inc. (QCi) has been awarded a subcontract by the Bay Area Environmental Research Institute (BAERI) to build and test a photonic sensor instrument for NASA Ames. The sensor will accurately measure atmospheric particulates and provide information on size, shape, and chemical composition. This is the third task order from NASA for QCi and the second research center within NASA to subcontract with the company. The photonic sensor is expected to be delivered in Q1 2024.

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06/22/2023 08:00 AM

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Quantum Computing Inc. Appoints New Chief Financial Officer

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06/15/2023 08:00 AM

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Quantum Computing Inc. Launches Its First-in-a-Series of Reservoir Computers, Pioneering a New Era of Affordable and Sustainable AI

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05/23/2023 08:00 AM

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Quantum Computing Inc. Receives Follow-On Subcontract Award to Support NASA to Test and Process Quantum Sensing Solutions for Monitoring Climate Change

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FAQ

What is the current stock price of Quantum Computing Common (QUBT)?

The current stock price of Quantum Computing Common (QUBT) is $6.1 as of November 22, 2024.

What is the market cap of Quantum Computing Common (QUBT)?

The market cap of Quantum Computing Common (QUBT) is approximately 546.2M.

Where is Quantum Computing Inc. headquartered?

Quantum Computing Inc. is headquartered in Leesburg, Virginia.

What products does Quantum Computing Inc. develop?

QCi focuses on creating heterogeneous software for various quantum platforms. Their portfolio includes a financial portfolio optimizer and cybersecurity applications.

What recent achievement did Quantum Computing Inc. announce?

Recently, QCi partnered with NASA and was awarded a project to denoise LiDAR spectral information using their proprietary Entropy Quantum Computing (EQC) technology.

What is the Dirac-3 quantum optimization platform?

The Dirac-3 is a quantum machine developed by QCi to solve complex problems with a large number of variables. It is the first system of its kind to natively solve integer problems using quantum digits (qdits).