Investor relations
Quantum Computing Inc.
NASDAQ: QUBT CUSIP: 74766W108
Shareholder Update
From the Desk of the Chief Executive Officer
From: William McGann, Ph.D.
Office of the Chief Executive
September 4, 2024
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QCi has made significant progress this month. All corporate activities have remained strongly aligned with our vision of generating revenue and seeking additional investment in our business.
We onboarded two critical sales leaders, Richard Nelson and Pouya Dianat, to drive sales of our commercial products and to establish our business strategy for photonic chips. Both new leaders will drive profitable growth and credibility in the high-performance computing and nanophotonic chips markets.
We also conducted our first technology webinar on the topic of entropy computing. More than 175 attendees tuned into the live session to listen to QCi Quantum Technology Lead, Dr. Lac Nguyen, and QCi Scientific Advisor and Professor of Physics, Mohammad-Ali Miri, as they discussed the company’s accessible quantum optimization machines for non-convex and combinatorial problems.
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FAQs
What is the value of QCi with QPhoton?
The combination of QCi and QPhoton delivers the first ready-to-run broadly accessible and affordable quantum photonic systems (QPS) that can be used by non-quantum experts, anywhere, for real-world business applications.
Qatalyst is a ready-to-run quantum optimization software that can be used to solve complex computations by today’s business experts and programmers, with no need for an elite workforce trained in highly specialized, complex and expensive quantum dev development for algorithms, software and orchestration. Qatalyst also delivers vendor-neutral access to a wide range of QPUs and CPUs with no hardware/vendor lock-in.
QPhoton’s QPU is a ready-to-run photonic system that delivers a dramatically lower, highly affordable TCO-Q, enabling a much broader range of deployment scenarios by today’s business users. These QPUs can be deployed anywhere, run at room temperature, are stable in most environments and maintain coherence. Contrast this to early NISC QPUs that require supercomputer-like TCO-Q and deployment due to hyper-cooling, instability wrt environmental interference and issues with decoherence.
What value does QCi deliver to the market?
The blending of Qatalyst and QPhoton dramatically expands QCi’s addressable market for quantum computing, enabling a diverse set of businesses to be able to afford and use quantum computers. This accelerates and expands quantum adoption beyond today’s expensive and highly specialized quantum computers from alternative vendors.
QPhoton brings innovative photonic quantum computers to QCi. They flexibly process as a Photonic QC, a Gate Model QC or as an annealing QC. This enables QCi to solve a wide range of quantum problems for a variety of applications with a ready-to-run, significantly lower cost quantum system.
Why would a software company buy a hardware company?
The blending of Qatalyst and QPhoton dramatically expands QCi’s addressable market for quantum computing, enabling a diverse set of businesses to be able to afford and use quantum computers. This accelerates and expands quantum adoption beyond today’s expensive and highly specialized quantum computers from alternative vendors.
QPhoton brings innovative photonic quantum computers to QCi. They flexibly process as a Photonic QC, a Gate Model QC or as an annealing QC. This enables QCi to solve a wide range of quantum problems for a variety of applications with a ready-to-run, significantly lower cost quantum system.
What is Quantum Computing Inc.’s stock symbol?
Our stock is traded on NASDAQ under the symbol QUBT.