Quantum Computing, Inc. Receives Award to Support NASA in Quantum Sensing Solutions for LiDAR Missions

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Quantum Computing Inc. (QCi) (Nasdaq: QUBT) has been awarded a fifth project from NASA to develop quantum remote sensing technology for LIDAR missions. This partnership aims to significantly lower the cost of spaceborne LIDAR imaging and advance understanding of climate change mechanisms. The new contract marks a pivotal step towards deploying QCi's technology on LIDAR flights and establishes its applicability in diverse fields.

QCi's innovative approach could reduce LIDAR mission costs from billions to millions, enabling more frequent flights for better climate change research. The project builds upon QCi's previous work in denoising satellite LiDAR images using their Dirac-3 entropy quantum optimization machine. This collaboration reinforces QCi's commitment to providing cost-effective solutions for remote sensing applications and highlights the potential of quantum technology in environmental management strategies.

HOBOKEN, N.J., Oct. 17, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, announced that the Company has been awarded a fifth project from the National Aeronautics and Space Administration (NASA) to develop quantum remote sensing technology that would significantly lower the cost of spaceborne LIDAR imaging and advance scientific understanding of the mechanisms of climate change.

This is a continuation of a long-standing strategic partnership between NASA and QCi aimed at creating a radically different approach to LiDAR technology for atmospheric remote sensing measurements. The proposed approach, which is currently being developed by QCi, would significantly lower the cost of LIDAR missions, thereby allowing NASA to undertake more frequent flights to better understand the causes of climate change. The recently awarded contract is an important milestone in further assessing viability of QCi's technology.

The new contract also marks a pivotal step toward deploying the Company's remote sensing technology on LIDAR flights and further establishes the applicability of its quantum technology in diverse fields, such as civilian and military surveillance.

"QCi is honored to support NASA in this critical mission dedicated to advancing remote sensing and climate change monitoring. This new technology aims to reduce the cost of LiDAR missions from billions to millions and ultimately will help us in understanding the root causes of climate change and contribute to NASA's efforts to protect the earth's environment," stated Dr. William McGann, Chief Executive Officer (CEO) at QCi. "This partnership reinforces QCi's commitment to providing innovative, cost-effective solutions for various remote sensing applications and highlights the transformative potential of QCi's quantum remote sensing technology for climate research and environmental management strategies."

The contract announced today builds upon QCi's work helping NASA denoise the sunlight in satellite LiDAR images by using the Company's latest entropy quantum optimization machine, the Dirac-3, to simulate the background noise and turn the denoising problem into an optimization problem.

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.

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SOURCE Quantum Computing Inc.

FAQ

What is the latest NASA project awarded to Quantum Computing Inc. (QUBT)?

Quantum Computing Inc. (QUBT) has been awarded a fifth project from NASA to develop quantum remote sensing technology for LIDAR missions, aimed at lowering the cost of spaceborne LIDAR imaging and advancing climate change research.

How will Quantum Computing Inc.'s (QUBT) technology impact NASA's LIDAR missions?

Quantum Computing Inc.'s technology aims to significantly reduce the cost of NASA's LIDAR missions from billions to millions of dollars, potentially allowing for more frequent flights and better understanding of climate change causes.

What is the Dirac-3 machine mentioned in relation to Quantum Computing Inc. (QUBT)?

The Dirac-3 is Quantum Computing Inc.'s latest entropy quantum optimization machine, used to simulate background noise and transform the denoising problem in satellite LiDAR images into an optimization problem.

How does the NASA contract affect Quantum Computing Inc.'s (QUBT) market position?

The NASA contract reinforces Quantum Computing Inc.'s position in providing innovative, cost-effective solutions for remote sensing applications and highlights the potential of their quantum technology in climate research and environmental management.