HOBOKEN,
N.J., Aug. 1, 2024 /PRNewswire/ -- Quantum
Computing Inc. ("QCi" or the "Company") (Nasdaq:
QUBT), an innovative, quantum optics and nanophotonics
technology company, today released its July company newsletter
containing a mid-year business update from its Chief Executive
Officer, Dr. William McGann.
This update provides an in-depth look at QCi's
strategic progress and positive changes implemented over the past
six months.
Mid-year company highlights:
- Go-To Market Strategy: QCi is continuously evolving its
business while maintaining a singular focus on photonics solutions
for real-world applications.
- Thin Film Lithium Niobate (TFLN) Foundry: QCi is on
schedule to establish in 4Q24 the first U.S.-based fabrication
facility devoted to TFLN processing in Tempe, Arizona.
- Launch of New Products: QCi has finalized the development of
two new platforms in high-performance computing and one broad
remote sensing platform focusing on the use of LiDAR-based
applications.
- Accessible and Affordable Campaign: To introduce potential
customers to our new products, QCi has launched a new marketing
campaign focusing on the practical advantages of its optical
technology. With its affordable price, small, stackable size,
and low energy consumption, QCi believes that the Dirac-3 computer
offers unsurpassed price and performance.
- Two New Leaders Join QCi Team: To lead the company's new sales
strategy, QCi has appointed Richard
Nelson to serve as Senior Vice President of Business
Development and Pouya Dianet to serve as Director for its TFLN
Optical Chip Sales.
- Selection of New Independent Auditor and Investor Relations
Advisor: QCi is committed to maintaining transparency and
ensuring the highest standards of financial reporting. Recently,
the company announced a new auditor, BPM LLP as well as engaged IMS
Investor Relations as its new investor relations firm.
Read the full letter on QCi's
website here.
About Quantum Computing Inc.
Quantum Computing Inc. (QCi) (Nasdaq:
QUBT) is an innovative, integrated photonics 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.