Quantum Computing Inc. announced significant strategic developments under new CEO William McGann's leadership. The company is establishing the first U.S.-based Thin Film Lithium Niobate (TFLN) fabrication facility in Tempe, Arizona, scheduled for operation in late 2024. The TFLN market is projected to grow from $200M in 2023 to $2B in 2028, with QCi already securing a letter of intent from Comtech Telecommunications for chip purchases.The company has launched two new high-performance computing platforms: the Dirac-3 for optimization problems and a portable Reservoir Computing platform. The Dirac-3, priced at $300,000, operates at room temperature with minimal power consumption (25W), offering significant cost and efficiency advantages over competitors. QCi has also developed a broad remote sensing platform for LiDAR applications.To strengthen its commercial...Show More

Quantum Computing Inc. announced significant strategic developments under new CEO William McGann's leadership. The company is establishing the first U.S.-based Thin Film Lithium Niobate (TFLN) fabrication facility in Tempe, Arizona, scheduled for operation in late 2024. The TFLN market is projected to grow from $200M in 2023 to $2B in 2028, with QCi already securing a letter of intent from Comtech Telecommunications for chip purchases.The company has launched two new high-performance computing platforms: the Dirac-3 for optimization problems and a portable Reservoir Computing platform. The Dirac-3, priced at $300,000, operates at room temperature with minimal power consumption (25W), offering significant cost and efficiency advantages over competitors. QCi has also developed a broad remote sensing platform for LiDAR applications.To strengthen its commercial position, QCi has appointed Richard Nelson as SVP of Business Development and Pouya Dianet as TFLN Optical Chip Sales Director. The company has engaged BPM LLP as its new auditor and IMS Investor Relations as advisor, aiming to enhance financial reporting and investor communications. QCi continues to advance its NASA research grants, including an ongoing project for LiDAR imagery denoising.