Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers. The company offers Qatalyst, a quantum application accelerator that enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers. It focuses on serving commercial and government entities. The company, formerly known as Innovative Beverage Group Holdings, Inc., was incorporated in 2018 and is based in Leesburg, Virginia.
IPO Year:
Exchange: NASDAQ
Website: quantumcomputinginc.com
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HOBOKEN, N.J., Nov. 20, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today announced the Company has received its second purchase order for its thin film lithium niobate (TFLN) photonic chip foundry from the University of Texas at Austin. The order will support the research efforts of the University's RF Acoustic Microsystem Group and is part of the QCi Foundry's pilot launch program, with fulfillment expected in Q1 2025. The order will enable the University to adv
HOBOKEN, N.J., Nov. 14, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that it has entered into a securities purchase agreement for the purchase and sale of 16,000,000 shares of common stock at a purchase price of $2.50 per share, priced at-the-market under Nasdaq rules, pursuant to a registered direct offering, resulting in gross proceeds of $40 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about November 18, 2024, subject to the satisfaction of customary closing conditions.
HOBOKEN, N.J., Nov. 13, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has secured its first order for its thin film lithium niobate (TFLN) photonic chip foundry. The order, placed by a prominent research and technology institute based in Asia, underscores the growing global demand for QCi's advanced fabrication technology of TFLN and its ability to produce high-performance photonic integrated circuits (PICs) and nanophotonic devices. This milestone highlights QCi's commitment to accelerating the widespread adoption of TFLN and positioning it as a v
HOBOKEN, N.J., Nov. 6, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three and nine-month periods ended September 30, 2024. Dr William McGann, Chief Executive Officer of QCi, commented, "Throughout the third quarter of 2024, we continued to make strategic progress across multiple fronts. Our ongoing development of our U.S.-based Thin Film Lithium Niobate (TFLN) foundry in Tempe remains on schedule and we are in the final stage of commissioning, marking a critical step toward scaling our capabilities and expanding into new markets. Our recen
HOBOKEN, N.J., Oct. 30, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, is pleased to announce significant progress as it approaches the final commissioning of its quantum photonic chip foundry, set to open in Q1 2025. In September, QCi launched a pilot program aimed at securing sales orders from early adopters for its thin film lithium niobate (TFLN) foundry services and establishing a unified ecosystem for producing high-performance and energy efficient photonic integrated circuits (PICs) and nanophotonic devices. Led by Drs. Pouya Dianat and Milan Begliarbekov, QCi has made subst
HOBOKEN, N.J., Oct. 24, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company will host a conference call and webcast on Wednesday, November 6, 2024 at 4:30 p.m. Eastern Time to review the Company's operational progress for the third quarter ended September 30, 2024. The Company will release its third quarter 2024 financial results that day after the market closes. To access the live webcast, log onto the QCi website at https://quantumcomputinginc.com/ and click on the Investor Relations page. Investors may also access the webcast via the following link: h
HOBOKEN, N.J., Oct. 22, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, is pleased to announce that the Company has reached the final stage of commissioning its quantum photonic chip foundry in Tempe, Arizona. Initially announced in September 2023, the QCi Foundry will focus on processing thin film lithium niobate (TFLN) to produce high-performance optical components and photonic integrated circuits (PICs). These photonic chips will serve as essential optical engines for photonic-based quantum computers, secure quantum communications, and 3.2Tbps data rates for datacom, driven by th
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
HOBOKEN, N.J., Oct. 2, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three- and six-month periods ended June 30, 2024, which contain restated financial results for the quarterly periods ended June 30, 2023. Dr William McGann, Chief Executive Officer of QCi, commented, "During the first half of 2024, we strengthened our position in the quantum computing landscape. Our progress on establishing our U.S.-based Thin Film Lithium N
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
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HOBOKEN, N.J., May 1, 2024 /PRNewswire/ -- Quantum Computing Inc. (NASDAQ:QUBT), an innovative quantum optics and nanophononics technology company, today appointed Dr. Javad Shabani to its Board of Directors. Dr. Shabani currently serves as an Associate Professor of Physics at New York University (NYU) and is the Director of the Center for Quantum Information Physics at NYU. Dr. Shabani is a world-recognized expert in quantum computing technologies and has deep domain expertise in fundamental quantum materials and condensed matter physics research with over 85 published paper
LEESBURG, Va., Jan. 31, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (NASDAQ:QUBT), an innovative quantum optics and nanophotonics technology company, today announced new leadership appointments as the Company readies for an active 2024 with an anticipated market-disruptive product release schedule. William (Bill) J. McGann, Ph.D., a globally recognized leader in commercialization of innovative technology, has been appointed CEO of Quantum Computing Inc. Dr. McGann succeeds QCi's co-founder Robert Liscouski who remains Chairman of the Board to help oversee the Company's growth and expansion. Dr. McGann has a decade-long track record for transforming cred
LEESBURG, Va., Sept. 26, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, quantum optics and nanophotonics technology company, today announced the appointment of Dr. Javad Shabani to QCi's Technical Advisory Board, becoming its fourth member. Dr. Javad joins US intelligence community veteran and technology strategist The Honorable James Simon, Jr., who heads the Advisory Board, cryptography expert Dr. Brian LaMacchia, and disruptive technology specialist Lewis Shepherd. The Technical Advisory Boards' mission is to guide the strategic evolution of QCi's technology, while ensuring effective commercialization of product rollouts. Dr. Javad Shaba
LEESBURG, Va., June 22, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), a first-to-market nanophotonic-based quantum technology company, is pleased to announce the appointment of Chris Boehmler as its new Chief Financial Officer (CFO). Mr. Boehmler brings extensive financial expertise and a strong background in strategic financial management to QCi. Mr. Boehmler succeeds Chris Roberts, who, in addition to the CFO role, developed and managed the Company's legal and human resource functions. Mr. Roberts has successfully transitioned the human resource management responsibilities to the Company's recently-hired human resource director and, as a senior memb
LEESBURG, Va., April 4, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ:QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today announced the third appointment to its Technical Advisory Board launched on February 2, 2023. Lewis Shepherd, a senior technology leader and Government executive, has joined the QCI Advisory Board to provide industry advice, market intelligence, and QCI product visibility into his expansive network. Mr. Shepherd combines over 30 years of experience within both Silicon Valley and go
LEESBURG, Va., March 21, 2023 (GLOBE NEWSWIRE) -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ:QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today announced the second appointment to its Technical Advisory Board launched on February 2, 2023. Effective immediately, Dr. Brian LaMacchia, joins US intelligence community veteran and technology strategist The Honorable James (Jim) Simon, Jr who heads the Board with the mission to guide and advance the strategic evolution of QCI's technology while ensuring effective commercialization of product rollouts. Brian LaMacchia recently retired from Microsoft Corporation where he was a Distinguish
LEESBURG, Va., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ:QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today announces the appointment of The Honorable James (Jim) Simon, Jr., a seasoned US intelligence community leader and technology strategist with extensive experience working with senior government and industry leaders globally, to establish and lead the Company's Technical Advisory Board. Mr. Simon is a former senior Central Intelligence Agency officer and former executive at Microsoft. He served as the first Assistant Director of the Central Intelligence for Administration (1998 – 2003) dur
LEESBURG, Va., Jan. 04, 2022 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (QCI) (NASDAQ:QUBT), a leader in bridging the power of classical and quantum computing, has appointed Michael C. Turmelle to serve on the company's board of directors. Turmelle brings years of public company executive experience, as well as an extensive background in finance and operations in technology-based companies. He has vast expertise in devising innovative business solutions to successfully deliver profitable outcomes. He has delivered financial and operational leadership across a variety of organizations and markets, and is a proven board member, having served on numerous boards of directors. "I am pleas
Brings Extensive Track Record of Successfully Commercializing Innovative Technology LEESBURG, Va., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (the "company" or "QCI") (NASDAQ:QUBT), a leader in bridging the power of classical and quantum computing, has appointed renowned business and technology leader William J. McGann, Ph.D., to serve on the company's board of directors. McGann brings over 30 years of executive leadership, technology, and science experience, strengthened by an underlying passion for turning emerging technology into practical solutions for solving some of the world's greatest challenges. Throughout his career, he has contributed to the advancement of resea
HOBOKEN, N.J., Nov. 6, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three and nine-month periods ended September 30, 2024. Dr William McGann, Chief Executive Officer of QCi, commented, "Throughout the third quarter of 2024, we continued to make strategic progress across multiple fronts. Our ongoing development of our U.S.-based Thin Film Lithium Niobate (TFLN) foundry in Tempe remains on schedule and we are in the final stage of commissioning, marking a critical step toward scaling our capabilities and expanding into new markets. Our recen
HOBOKEN, N.J., Oct. 24, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company will host a conference call and webcast on Wednesday, November 6, 2024 at 4:30 p.m. Eastern Time to review the Company's operational progress for the third quarter ended September 30, 2024. The Company will release its third quarter 2024 financial results that day after the market closes. To access the live webcast, log onto the QCi website at https://quantumcomputinginc.com/ and click on the Investor Relations page. Investors may also access the webcast via the following link: h
HOBOKEN, N.J., Oct. 2, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, today released financial results for the three- and six-month periods ended June 30, 2024, which contain restated financial results for the quarterly periods ended June 30, 2023. Dr William McGann, Chief Executive Officer of QCi, commented, "During the first half of 2024, we strengthened our position in the quantum computing landscape. Our progress on establishing our U.S.-based Thin Film Lithium N
HOBOKEN, N.J., Sept. 11, 2024 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), an innovative, integrated photonics and quantum optics technology company, announced that on September 11, 2024, the Company filed its Form 10-K/A for the year ended December 31, 2023, with the United States Securities and Exchange Commission (SEC). The filing contains the restatement of the Company's previously issued consolidated financial statements for the fiscal years ended December 31, 2023 and 2022. The Company's reaudit and restatement was done in conjunction with the previously announced change of auditor. Effective May 3, 2024, the Company dismissed BF Borgers CPA PC ("BF Bo
LEESBURG, Va., Nov. 13, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (NASDAQ:QUBT), an innovative, quantum optics and nanophotonics technology company, today announced its financial results for the three and nine-months periods ended September 30, 2023. Robert Liscouski, co-Founder, CEO & Chairman of QCi, commented, "We achieved significant progress since the acquisition of QPhoton less than 17 months ago and we have continued that momentum thus far in 2023. To date, QCi has announced five product releases, expanded manufacturing capacity and begun the buildout of our quantum chip facility, which establishes the roadmap for future product design, develop
Quantum Computing Inc. initiates commercialization during first half of 2023 and commenced multiple product launches year-to-date, including: Dirac Series Entropy Quantum computer.Zero-Trust Cyber Security Protection solution.Non-repeatable Quantum Random Number Generator.Reservoir Photonics computing (machine learning/predictive) – AI enhancing.Quantum Sensing products including QLiDAR and the Photonic Vibrometer – first to market to discern highly obscured and non-line-of-sight objects.LEESBURG, Va., Aug. 14, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCi", "we", "our" or the "Company") (NASDAQ:QUBT), a first-to-market nanophotonic-based quantum technology company, today announced its
Quantum Computing Inc. initiates commercialization of its technology during first quarter of 2023 and commenced multiple product launches to date, including: Dirac series entropy quantum computer.Zero-trust cyber security protection solution.Non-repeatable Quantum Random Number Generator.Reservoir photonics computing (machine learning/predictive) capability to enhance Artificial Intelligence systems.LEESBURG, Va., May 11, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCI" or the "Company") (NASDAQ:QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, today reports its financial results for the first quarter ended March 31, 2023. "We have been building
Quantum Computing Inc completes integration of QPhoton merger, more than doubling the size of the company and establishing its quantum hardware production capability.Quantum Computing Inc. QPhoton merger strengthens QCI as the first pure play public company based on proven photonic quantum technology offering commercially available, ready-to-run anywhere, full-stack quantum products and services, from quantum computing to quantum-based solutions that include quantum cyber security, quantum networks, quantum sensing and quantum imaging.Quantum Computing Inc. begins prototype fabrication of its own quantum photonic microchips and plans to expand into full scale manufacturing to support its qua
NEW YORK, Nov. 25, 2022 (GLOBE NEWSWIRE) -- New to The Street announces TV episode #410 of its business show broadcasting as a sponsored program on Bloomberg TV, November 26, 2022, at 6:30 PM ET. New to The Street will televise the following five (5) corporate interviews: 1). Ecological Solutions- The Sustainable Green Team (OTC:SGTM) ($SGTM) and VRM BioLogik Group (VRM) presentation by Ken Bellamy, Founder VRM BioLogik. 2). Mining- Tocvan Ventures Corp.'s (OTC:TCVNF) (CSE:TOC) (FSE: TV3) ($TCVNF) interview with Brodie Sutherland, P.Geo., CEO. 3). Quantum Computing- Quantum Computing, Inc.'s (NASDAQ:QUBT) ($QUBT) interviews with Robert Liscouski, President, CEO, and Chairman, and Hunte
LEESBURG, Va., Aug. 25, 2022 (GLOBE NEWSWIRE) -- Quantum Computing Inc. ("QCI'' or the "Company") (NASDAQ:QUBT), a leader in accessible quantum computing, today announced that it has issued a letter to shareholders pertaining to QCI's vision and state of the industry. The letter recaps QCI's many achievements since the June 2021 shareholder letter and offers a roadmap for the coming year and beyond. The capstone to this extraordinary year was QCI's acquisition of QPhoton. This enabled QCI to combine its deep expertise and experience in quantum computing with QPhoton's research efforts to develop photonic-based quantum systems. QCI has developed a room-temperature Entropy Quantum System fo
Gainers FOXO Technologies (AMEX:FOXO) stock increased by 21.8% to $0.33 during Tuesday's after-market session. The market value of their outstanding shares is at $3.5 million. Oracle (NYSE:ORCL) stock moved upwards by 8.02% to $133.82. The company's market cap stands at $367.8 billion. As per the press release, Q4 earnings came out today. U-BX Technology (NASDAQ:UBXG) stock rose 7.57% to $12.5. The market value of their outstanding shares is at $337.5 million. EMCORE (NASDAQ:EMKR) shares moved upwards by 7.27% to $0.87. The company's market cap stands at $7.2 million. Rubrik (NYSE:RBRK) shares rose 5.64% to $37.25. The company's market cap stands at $6.5 billion. As per the news, the Q1
Quantum Computing (NASDAQ:QUBT) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.10) by 20 percent. This is a 27.27 percent increase over losses of $(0.11) per share from the same period last year. The company reported $27.00 thousand in sales this quarter. This is a 77.60 percent decrease over sales of $120.53 thousand the same period last year.
Quantum Computing, Inc (QCi) (NASDAQ:QUBT), an innovative quantum optics and nanophononics technology company, today revealed the successful sale of its quantum LiDAR prototype to Johns Hopkins University. Valued at $200,000, the prototype marks a significant advancement in underwater LiDAR technology and will be utilized for testing and evaluation within Johns Hopkins' esteemed research and development program.
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