LEESBURG, Va., May 23, 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
announces that it received a follow-on task order to its
subcontract award announced on February 8,
2023, to support NASA in remote sensing and climate change
monitoring. In addition to testing its proprietary quantum
photonic system for remote sensing applications (QLiDAR), QCI will
also be processing satellite images by utilizing its photonic-based
reservoir computing technology. This initial testing
engagement is expected to be completed during the second quarter of
2023.
Dr. William McGann, QCI Chief
Technology Officer commented, "Sunlight interference (noise) is a
huge issue in space-based LiDAR remote sensing. LiDAR measurements
of the air, and the optically thin aerosols/clouds during daytime
from space experience compromised signal integrity. As a result, it
is very difficult, if at all possible, to make good daytime LiDAR
measurements from space with adequate signal-to-noise-ratios. In
this expanded project, we will explore reservoir photonic computing
to remove sunlight noise in satellite LiDAR images, thereby
enabling daytime operations of spaceborne LiDAR systems. Our
current prototype systems have shown outstanding performance in
both pattern prediction and recognition, demonstrating good
potential for sunlight noise removal. Through this project, we hope
to prove the concept and develop a roadmap for future large-scale
deployment to help NASA and many other potential customers."
QCI, through its wholly owned subsidiary, QI Solutions, which
focuses on federal government projects, will perform both the
original quantum LiDAR work as well as applying photonic computing
capability to process the LiDAR data. This will be
accomplished under a subcontract from Science Systems Applications,
Inc. (SSAI), a leading scientific, engineering and IT solutions
provider. Under the expanded subcontract, QCI will run the data
from the QLiDAR system through the photonic-based reservoir
computer to improve the calculation of the level of water released
from snowmelt. Upon successful completion of the task under
the new subcontract, follow-on options include airborne testing and
positioning these devices together with the photonic reservoir
system to enhance the signal integrity of the satellite images to
create a network for monitoring snow levels globally. This
will promote a better understanding of climate changes and provide
accurate data for industry and agriculture.
"This expanded contract is a significant opportunity for QCI to
demonstrate and validate two distinct QCI technology offerings to
the recognized preeminent global leader in space research and
exploration," commented Sean Gabeler, President of
Q1Solutions. "QCI's photonic LiDAR and reservoir photonic
computing systems deliver new measurement and data processing
capabilities with single-photon sensitivity, strong noise
rejection, and high-ranging spatial resolution and image fidelity
at great distances through challenging environments such as snow,
ice and water, during night or day. QCI systems are built for easy,
scalable, and versatile use with favorable size, weight, power, and
cost combined with increased connectivity and capacity, decreased
training bias, and strengthened security."
For additional information on the company's suite of solutions,
please visit our website or contact our team directly.
About Quantum Computing Inc. (QCI)
Quantum Computing Inc. is a full-stack quantum hardware and
software company on a mission to accelerate the value of quantum
computing for real-world business solutions, delivering the future
of quantum computing, today. The company delivers accessible and
affordable full-stack solutions with real-world industrial
applications, using photonic-based quantum entropy, which
can be used anywhere and with little to no training, operates at
normal room temperatures and low power. QCI is competitively
advantaged delivering its quantum solutions at greater speed,
accuracy, and security at less cost QCI's core entropy
computing capability, the Dirac series, delivers solutions for both
binary and integer-based optimization problems using over 11,000
qubits for binary problems and over 1000 (n=64) qudits for
integer-based problems, each of which are the highest number of
variables and problem size available in quantum computing
today. Using the Company's core quantum methodologies, QCI has
also developed specific quantum applications for AI, cybersecurity
and remote sensing, including its Reservoir Quantum Computing,
reprogrammable and non-repeatable Quantum Random Number Generator
and LiDAR products. For more information about QCI, visit
www.quantumcomputinginc.com.
About QI Solutions, Inc. (QIS)
QI Solutions, Inc., a wholly owned subsidiary of Quantum
Computing Inc., is a supplier of quantum technology solutions and
services to the government and defense industries. With a team of
qualified and cleared staff, QIS delivers a range of solutions from
entropy quantum computing to quantum communications and sensing,
backed by expertise in logistics, manufacturing, R&D and
training. The company is exclusively focused on delivering tailored
solutions for partners in various government departments and
agencies. For more information about QIS, visit
https://qiwerx.com/.
Important Cautions Regarding Forward-Looking
Statements
This press release contains forward-looking statements as
defined within Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. By their nature, forward-looking statements and forecasts
involve risks and uncertainties because they relate to events and
depend on circumstances that will occur in the near future. Those
statements include statements regarding the intent, belief or
current expectations of Quantum Computing Inc. (the "Company"), and
members of its management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements.
The Company undertakes no obligation to update or revise
forward-looking statements to reflect changed conditions.
Statements in this press release that are not descriptions of
historical facts are forward-looking statements relating to future
events, and as such all forward-looking statements are made
pursuant to the Securities Litigation Reform Act of 1995.
Statements may contain certain forward-looking statements
pertaining to future anticipated or projected plans, performance
and developments, as well as other statements relating to future
operations and results. Any statements in this press release that
are not statements of historical fact may be considered to be
forward-looking statements. Words such as "may," "will," "expect,"
"believe," "anticipate," "estimate," "intends," "goal,"
"objective," "seek," "attempt," "aim to," or variations of these or
similar words, identify forward-looking statements. These risks and
uncertainties include, but are not limited to, those described in
Item 1A in the Company's Annual Report on Form 10-K, which is
expressly incorporated herein by reference, and other factors as
may periodically be described in the Company's filings with the
SEC.
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SOURCE Quantum Computing Inc.