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Quantum Computing, Inc. Extends Collaborative Agreement with Los Alamos National Laboratory

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Quantum Computing Inc. (QCi) (Nasdaq: QUBT) has extended its Cooperative Research and Development Agreement (CRADA) with Los Alamos National Laboratory (LANL). The collaboration focuses on QCi's new Dirac-3 entropy quantum optimization machine, designed to solve complex problems in quantum simulations, social networks, protein structure prediction, and telecommunications.

Dirac-3 is the first machine of its kind to address high-dimensional discrete variables with multi-body interactions using nonlinear quantum optics. QCi's CEO, Dr. William McGann, highlighted Dirac-3's capabilities in solving complex real-world problems in energy grid management, offshore wind optimization, and signal processing applications.

QCi is also working on projects for NASA and has CRADAs with the U.S. Department of Defense. The company aims to provide accessible and affordable quantum machines that operate at room temperature and low power.

Quantum Computing Inc. (QCi) (Nasdaq: QUBT) ha esteso il suo Accordo di Ricerca e Sviluppo Cooperativo (CRADA) con Los Alamos National Laboratory (LANL). La collaborazione si concentra sulla nuova macchina di ottimizzazione quantistica Dirac-3 di QCi, progettata per risolvere problemi complessi in simulazioni quantistiche, reti sociali, previsione della struttura delle proteine e telecomunicazioni.

Dirac-3 è la prima macchina della sua categoria a trattare variabili discrete ad alta dimensione con interazioni multi-corpo utilizzando ottica quantistica non lineare. Il CEO di QCi, Dr. William McGann, ha evidenziato le capacità di Dirac-3 nel risolvere complessi problemi del mondo reale nella gestione delle reti energetiche, nell'ottimizzazione dell'energia eolica offshore e in applicazioni di elaborazione del segnale.

QCi sta inoltre lavorando a progetti per NASA e ha CRADA con il Dipartimento della Difesa degli Stati Uniti. L'azienda mira a fornire macchine quantistiche accessibili e convenienti che funzionano a temperatura ambiente e a bassa potenza.

Quantum Computing Inc. (QCi) (Nasdaq: QUBT) ha ampliado su Acuerdo de Investigación y Desarrollo Cooperativo (CRADA) con Los Alamos National Laboratory (LANL). La colaboración se centra en la nueva máquina de optimización cuántica Dirac-3 de QCi, diseñada para resolver problemas complejos en simulaciones cuánticas, redes sociales, predicción de estructuras de proteínas y telecomunicaciones.

Dirac-3 es la primera máquina de su tipo en abordar variables discretas de alta dimensión con interacciones de múltiples cuerpos utilizando óptica cuántica no lineal. El CEO de QCi, Dr. William McGann, destacó las capacidades de Dirac-3 para resolver problemas complejos del mundo real en la gestión de redes eléctricas, la optimización de energía eólica marina y aplicaciones de procesamiento de señales.

QCi también está trabajando en proyectos para NASA y tiene CRADA con el Departamento de Defensa de EE. UU.. La empresa busca proporcionar máquinas cuánticas accesibles y asequibles que funcionen a temperatura ambiente y con bajo consumo energético.

Quantum Computing Inc. (QCi) (Nasdaq: QUBT)는 로스앨러모스 국립연구소 (LANL)와 협력 연구 개발 협정 (CRADA)을 연장했습니다. 협력은 QCi의 새로운 디락-3 엔트로피 양자 최적화 기계에 중점을 두고 있으며, 복잡한 문제를 해결하고자 합니다. 양자 시뮬레이션, 소셜 네트워크, 단백질 구조 예측, 통신 분야의 문제들입니다.

디락-3는 비선형 양자 광학을 사용하여 다중체 상호작용을 가진 고차원 이산 변수를 다루는 최초의 기계입니다. QCi의 CEO인 윌리엄 맥겐 박사는 디락-3가 에너지 그리드 관리, 해상 풍력 최적화, 신호 처리 응용 프로그램에서 복잡한 실제 문제를 해결하는 능력을 강조했습니다.

QCi는 또한 NASA를 위한 프로젝트를 진행하고 있으며, 미국 국방부와 CRADA를 체결하였습니다. 이 회사는 실온에서 작동하고 저전력으로 운용할 수 있는 접근 가능하고 저렴한 양자 기계를 제공하는 것을 목표로 하고 있습니다.

Quantum Computing Inc. (QCi) (Nasdaq: QUBT) a prolongé son Accord de recherche et développement coopératif (CRADA) avec Los Alamos National Laboratory (LANL). La collaboration se concentre sur la nouvelle machine d'optimisation quantique Dirac-3 de QCi, conçue pour résoudre des problèmes complexes dans les simulations quantiques, les réseaux sociaux, la prédiction de la structure des protéines et les télécommunications.

Dirac-3 est la première machine de son genre à traiter des variables discrètes de haute dimension avec des interactions multiparti en utilisant l'optique quantique non linéaire. Le PDG de QCi, Dr. William McGann, a souligné les capacités de Dirac-3 à résoudre des problèmes complexes du monde réel dans la gestion des réseaux électriques, l'optimisation de l'énergie éolienne offshore et les applications de traitement du signal.

QCi travaille également sur des projets pour NASA et a des CRADA avec le Département de la Défense des États-Unis. L'entreprise vise à fournir des machines quantiques accessibles et abordables qui fonctionnent à température ambiante et à faible consommation d'énergie.

Quantum Computing Inc. (QCi) (Nasdaq: QUBT) hat seine Kooperation zur Forschung und Entwicklung (CRADA) mit Los Alamos National Laboratory (LANL) ausgeweitet. Die Zusammenarbeit konzentriert sich auf QCi's neue Dirac-3 Entropie Quantenoptimierungsmaschine, die darauf ausgelegt ist, komplexe Probleme in Quanten-Simulationen, sozialen Netzwerken, Proteinstrukturvorhersagen und Telekommunikation zu lösen.

Dirac-3 ist die erste Maschine ihrer Art, die hochdimensionale diskrete Variablen mit Mehrkörperwechselwirkungen unter Verwendung nichtlinearer Quantenoptik behandelt. Der CEO von QCi, Dr. William McGann, hob die Fähigkeiten von Dirac-3 zur Lösung komplexer Probleme der realen Welt in der Verwaltung von Energienetzen, der Optimierung von Offshore-Windkraft und der Signalverarbeitung hervor.

QCi arbeitet auch an Projekten für NASA und hat CRADAs mit dem US-Verteidigungsministerium. Das Unternehmen zielt darauf ab, zugängliche und erschwingliche Quantenmaschinen bereitzustellen, die bei Raumtemperatur und mit geringer Leistung betrieben werden.

Positive
  • Extended collaboration with Los Alamos National Laboratory
  • Dirac-3 quantum optimization machine capable of solving complex problems beyond QUBO
  • Competing with powerful computers in real-world applications
  • Ongoing projects with NASA and U.S. Department of Defense
Negative
  • None.

Insights

The extension of QCi's CRADA with Los Alamos National Laboratory is a significant development for the company's quantum computing initiatives. The focus on the Dirac-3 entropy quantum optimization machine demonstrates QCi's progress in addressing complex problems beyond traditional QUBO limitations.

Key points to consider:

  • Dirac-3's ability to solve high-dimensional discrete variables with multi-body interactions positions QCi at the forefront of quantum optimization technology.
  • The machine's application in areas such as energy grid management and offshore wind optimization suggests potential for commercial viability in critical industries.
  • QCi's ongoing projects with NASA and engagement with the DoD indicate growing interest from high-profile government entities, which could lead to future contracts and revenue streams.

However, investors should note that while promising, quantum computing technology is still in its early stages. The company's ability to translate these collaborations into sustainable revenue and market share will be important for long-term success.

From a financial perspective, this extended collaboration with LANL doesn't immediately impact QCi's bottom line but holds potential for future revenue growth. Key financial considerations include:

  • No direct monetary value is mentioned for the CRADA extension, suggesting it may not have an immediate impact on QCi's financials.
  • The company's market cap of $62,687,751 indicates it's still a small-cap stock, which typically comes with higher volatility and risk.
  • Ongoing projects with NASA and DoD engagements could lead to lucrative government contracts, potentially boosting future revenue.

Investors should monitor QCi's ability to convert these collaborations into commercial success and revenue growth. The company's burn rate and cash position will be critical metrics to watch, as R&D in quantum computing can be capital-intensive. While the news is positive for long-term prospects, short-term financial impact may be

HOBOKEN, N.J., Sept. 30, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced the extension of its Cooperative Research and Development Agreement (CRADA) with the Los Alamos National Laboratory (LANL).

This strategic collaborative agreement focuses on QCi's new entropy quantum optimization machine, Dirac-3, and its capabilities to quickly and efficiently solve highly complex problems associated with quantum simulations, social networks, protein structure prediction, and telecommunications. QCi's Dirac-3 quantum optimization machine is the first of its kind to solve beyond QUBO problems, addressing high-dimensional discrete variables with multi-body interactions, which sit in the upper tier of the world's most complex optimization problems, using nonlinear quantum optics.

Dr. William McGann, Chief Executive Officer (CEO) of QCi states, "We are pleased to extend this strategic collaboration with LANL. Dirac-3 is a cornerstone product in our high-performance computing portfolio of products and is quickly becoming recognized as a new and powerful quantum machine with leading edge capabilities in solution quality and power consumption. Our new machine is now competing with the world's most powerful computers in solving very complex, real-world problems in energy grid management, offshore wind optimization, and signal processing applications."

QCi is also currently completing multiple projects for the National Aeronautics and Space Administration (NASA) and is engaged in other CRADAs with the U.S. Department of Defense (DoD).

A complete description and overview of QCi's Dirac-3 can be found at www.quantumcomputinginc.com, where a comprehensive set of publications and blogs on QCi's technology and products are openly available.

QCi (PRNewsfoto/Quantum Computing Inc.)

About Quantum Computing Inc.

Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines to the world today. QCi products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technology and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, cybersecurity, as well as remote sensing applications.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/quantum-computing-inc-extends-collaborative-agreement-with-los-alamos-national-laboratory-302262091.html

SOURCE Quantum Computing Inc.

FAQ

What is the focus of QCi's extended agreement with Los Alamos National Laboratory?

The extended agreement focuses on QCi's new Dirac-3 entropy quantum optimization machine and its capabilities to solve complex problems in quantum simulations, social networks, protein structure prediction, and telecommunications.

What makes QCi's Dirac-3 quantum optimization machine unique?

Dirac-3 is the first of its kind to solve beyond QUBO problems, addressing high-dimensional discrete variables with multi-body interactions using nonlinear quantum optics.

What real-world applications is QCi's Dirac-3 being used for?

Dirac-3 is being used for solving complex problems in energy grid management, offshore wind optimization, and signal processing applications.

What other collaborations does Quantum Computing Inc. (QUBT) have?

QCi is completing multiple projects for NASA and is engaged in Cooperative Research and Development Agreements (CRADAs) with the U.S. Department of Defense.

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