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
problems, addressing high-dimensional discrete variables with
multi-body interactions, which sit in the upper tier of the world's
most complex optimization problems, using nonlinear quantum
optics.
Dr. William McGann, Chief
Executive Officer (CEO) of QCi states, "We are pleased to extend
this strategic collaboration with LANL. Dirac-3 is a
cornerstone product in our high-performance computing portfolio of
products and is quickly becoming recognized as a new and powerful
quantum machine with leading edge capabilities in solution quality
and power consumption. Our new machine is now competing with
the world's most powerful computers in solving very complex,
real-world problems in energy grid management, offshore wind
optimization, and signal processing applications."
QCi is also currently completing multiple projects for the
National Aeronautics and Space Administration (NASA) and is engaged
in other CRADAs with the U.S. Department of Defense (DoD).
A complete description and overview of QCi's Dirac-3 can be
found at www.quantumcomputinginc.com, where a comprehensive set of
publications and blogs on QCi's technology and products are openly
available.
About Quantum Computing Inc.
Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq:
QUBT) is an innovative, integrated photonics and quantum optics
technology company that provides accessible and affordable quantum
machines to the world today. QCi products are designed to operate
at room temperature and low power at an affordable cost. The
Company's portfolio of core technology and products offer unique
capabilities in the areas of high-performance computing, artificial
intelligence, cybersecurity, as well as remote sensing
applications.
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SOURCE Quantum Computing Inc.