Quantum Computing, Inc. is awarded a NASA contract to support phase deconvolution with the Dirac-3 Photonic Optimization Solver

HOBOKEN, NJ, December 17, 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 received a prime contract from National Aerospace Administration (“NASA”) Goddard Space Flight Center. This contract represents a significant step forward for QCi as the company deploys its Dirac-3 entropy quantum optimization engine to support NASA’s advanced imaging and data processing needs.

Under the contract, Dirac-3 will be used to solve the challenging problem of phase deconvolution to optimally reconstruct images and extract information from radar-generated interferometric data. QCi will support NASA in its mission to fully decode interferograms, ultimately improving the quality and accuracy of its data. QCi believes that this project will highlight Dirac-3’s capabilities in providing superior solutions to nondeterministic polynomial time-hard (NP-hard) problems and significantly improve solution quality and computational speed.

“QCi is proud to support NASA in this important mission to process large amounts of interferometric imagery more efficiently,” said Dr. William McGannChief Executive Officer at QCi. “The goal of the project is to demonstrate how QCi’s Dirac-3 can solve the phase unfolding problem and to allow NASA to compare the results and benefits of QCi’s quantum optimization technology with state-of-the-art algorithms running on classical computers run.”

The outcome of this project, if successful, is expected to bring long-term benefits to NASA, particularly in optimizing big data processing capabilities, and could pave the way for similar applications in other areas where quantum solutions offer speed and quality advantages.

This agreement underscores the company’s commitment to advancing next-generation quantum and photonic technologies to address complex optimization and computing challenges.

To learn more about how QCi “puts photons to work” or to explore collaboration opportunities, please visit the QCi website.

About Quantum Computing Inc.

Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company bringing accessible and affordable quantum machines to today’s world. QCi’s products are designed to operate at room temperature and with low power consumption at an affordable cost. The company’s portfolio of core technologies and products provides unique capabilities in high-performance computing, artificial intelligence and cybersecurity, and remote sensing applications.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are generally identified by terms such as “may,” “will,” “expect,” “believe,” “anticipate,” “estimate,” “intend,” “target,” “objective,” and “seek.” , “try,” “aim,” or variations of these or similar words involve risks and uncertainties because they relate to events and depend on circumstances that may occur in the future. These statements include statements about the intended goals of the NASA project and that, if successful, the project “could pave the way for similar applications in other areas.” Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including, but not limited to, the risks and uncertainties associated with Dirac-3’s ability to provide and to provide a solution to the phase settlement problem full extent, risks and uncertainties inherent in QCi’s business, including the inability to retain key technical personnel, loss of use of intellectual property and damage or loss of access to the Company’s principal facility, and that actual results may differ materially from those reflected in such forward-looking statements. Except as required by federal securities laws, QCi undertakes no obligation to update or revise any forward-looking statements to reflect changing conditions.

SOURCE Quantum Computing Inc.