LEESBURG, Va., Sept. 19, 2023 /PRNewswire/ — QI Options, a wholly owned subsidiary of Quantum Computing Inc. (“QCi” or the “Business”) (Nasdaq: QUBT), has signed a five-calendar year Cooperative Research and Advancement Arrangement (CRADA) with U.S. Specific Operations Command (USSOCOM) to develop quantum technology purposes in assistance of USSOCOM packages and specifications.
USSOCOM is the premier entity of the U.S. Office of Defense that deploys the world’s latest technological know-how to carry out world wide particular functions and activities as element of the Joint Drive, in live performance with the U.S. government interagency, allies, and partners, to advance U.S. policies and aims globally.
QI Remedies (QIS) is a nontraditional Protection firm with a portfolio of quantum engineering such as Quantum Photonic Detection and Ranging (QpDAR) sensors, computing, communications, cryptography, and state-of-the-art microchip alternatives. QIS will do the job with USSOCOM’s Science & Technological know-how (S&T) Directorate on the enhancement of state-of-the-art quantum options for use by Special Functions Forces (SOF) in their exclusive mission roles.
“We are very energized and honored to have the possibility to do the job in partnership with the Office of Protection and USSOCOM to produce one of a kind Quantum Methods primarily based on our highly developed systems that will ultimately be used to shield our place,” said Sean Gabeler, President of QI Options.
Robert Liscouski, CEO of Quantum Computing Inc., extra, “This is a major prospect for QCi and QI Remedies. OCRADAs show the DoD’s belief that innovative quantum technologies can be fielded to deal with crucial issues – these days, not in numerous many years.”
For supplemental information and facts on the company’s suite of alternatives, remember to take a look at our website or contact our staff instantly.
About Quantum Computing Inc. (QCi)
Quantum Computing Inc. (QCi) (Nasdaq: QUBT) is an progressive, quantum optics and nanophotonics technological know-how corporation on a mission to accelerate the benefit of quantum computing for serious-entire world enterprise answers, offering the upcoming of quantum computing, these days. The business provides accessible and reasonably priced answers with actual-entire world industrial programs, making use of nanophotonic-based mostly quantum entropy that can be utilised any place and with very little to no coaching, operates at typical space temperatures, lower electrical power and is not burdened with one of a kind environmental requirements. QCi is competitively advantaged delivering its quantum methods at larger speed, precision, and protection at much less expense. QCi’s core nanophotonic-centered technologies is applicable to the two quantum computing as properly as quantum intelligence, cybersecurity, sensing and imaging remedies, furnishing QCi with a unique placement in the market. QCi’s core entropy computing capability, the Dirac collection, provides remedies for both equally binary and integer-based optimization difficulties making use of over 11,000 qubits for binary challenges and over 1000 (n=64) qubits for integer-based mostly troubles, each individual of which are the maximum quantity of variables and problem sizing available in quantum computing nowadays. Using the Firm’s core quantum methodologies, QCi has formulated certain quantum applications for AI, cybersecurity and remote sensing, which include its Reservoir Photonic Laptop collection (intelligence), reprogrammable and non-repeatable Quantum Random Range Generator (cybersecurity) and LiDAR and Vibrometer (sensing) goods. For a lot more info about QCi, visit www.quantumcomputinginc.com.
About QI Remedies, Inc. (QIS)
QI Answers, Inc., a wholly owned subsidiary of Quantum Computing Inc., is a provider of quantum technologies answers and products and services to the govt and protection industries. With a staff of experienced and cleared staff members, QIS delivers a assortment of methods from entropy quantum computing to quantum communications and sensing, backed by abilities in logistics, manufacturing, R&D and coaching. The company is solely targeted on offering customized methods for partners in different govt departments and agencies.
Crucial Cautions About Forward-Hunting Statements
This press release has forward-on the lookout statements as defined in just Segment 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Trade Act of 1934, as amended. By their mother nature, forward-searching statements and forecasts include threats and uncertainties because they relate to occasions and count on instances that will happen in the near long run. People statements incorporate statements concerning the intent, belief or current expectations of QCi and members of its management as perfectly as the assumptions on which this kind of statements are based. Prospective buyers are cautioned that any these types of forward-seeking statements are not guarantees of potential overall performance and include pitfalls and uncertainties, and that genuine outcomes may perhaps vary materially from those people contemplated by this sort of ahead-searching statements.
QCi undertakes no obligation to update or revise forward-searching statements to reflect improved situations. Statements in this press launch that are not descriptions of historic specifics are forward-on the lookout statements relating to long run occasions, and as these kinds of all ahead-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may well include sure ahead-seeking statements pertaining to long run predicted or projected strategies, general performance and developments, as well as other statements relating to long term operations and benefits. Text such as “may well,” “will,” “hope,” “believe,” “foresee,” “estimate,” “intends,” “intention,” “aim,” “seek out,” “attempt,” “intention to,” or variants of these or very similar phrases, recognize forward-on the lookout statements. These challenges and uncertainties consist of, but are not confined to, individuals described in Merchandise 1A in QCi’s Annual Report on Sort 10-K and other aspects as may possibly periodically be described in QCi’s filings with the U.S. Securities and Trade Fee.
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