{"id":155726,"date":"2025-09-20T03:03:25","date_gmt":"2025-09-20T03:03:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/155726\/"},"modified":"2025-09-20T03:03:25","modified_gmt":"2025-09-20T03:03:25","slug":"can-quantum-computings-government-contracts-boost-future-growth-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/155726\/","title":{"rendered":"Can Quantum Computing’s Government Contracts Boost Future Growth?"},"content":{"rendered":"

Quantum Computing Inc. or \u201cQCi\u201d QUBT<\/a> is continuously focused on strengthening its engagement with strategic government partners. During the second quarter, the company awarded a subcontract, valued at up to $406,478, to support National Aeronautics and Space Administration’s (\u201cNASA\u201d) Langley Research Center.\u00a0<\/p>\n

Under the project, QCi will apply its Dirac-3 quantum computer to develop quantum-based techniques for removing solar noise from space-based LIDAR data, an obstacle that has historically limited NASA\u2019s ability to conduct reliable daytime atmospheric sensing.\u00a0<\/p>\n

Building upon QCi\u2019s prior work with NASA, the initiative is aimed at reducing the mission size, weight, and power requirements, reinforcing QCi\u2019s role as a trusted partner in delivering quantum-powered solutions for real-world scientific challenges.<\/p>\n

Soon after the second quarter, QCi was awarded a contract by the National Institute of Standards and Technology (\u201cNIST\u201d), part of the U.S. Department of Commerce, for the design and fabrication of thin-film lithium niobate (TFLN) photonic integrated circuits (PICs). The contract leverages QCi\u2019s cutting edge prototyping capabilities and foundry services to deliver mission-critical photonic components on an accelerated timeline. The project scope includes design support and fabrication of TFLN-based PICs, with performance requirements focused on low optical-loss waveguides, high-performance modulators, and narrow-band filters.<\/p>\n

This is QCi\u2019s first direct government contract for its TFLN foundry services and represents a key step in its plans to become a trusted U.S.-based supplier of advanced photonic technologies.<\/p>\n

Peer Updates<\/p>\n

IonQ IONQ<\/a> recently signed a memorandum of understanding (MOU) with the U.S. Department of Energy to advance the development and deployment of quantum technologies in space. Under the agreement, IonQ will provide the design and execution of an orbital demonstration of quantum-secure communications using its satellite platform. The collaboration will also explore additional quantum applications in space, including alternate position, navigation, and timing, time synchronization, quantum networking, and sensing.<\/p>\n

Rigetti Computing, Inc. RGTI<\/a> was awarded a three-year, $5.8 million contract from the Air Force Research Laboratory to advance superconducting quantum networking. Rigetti will collaborate with QphoX on the project, a Dutch quantum technology startup. Per the agreement, superconducting microwave qubits developed by Rigetti will be combined with single-photon microwave-optical transducers developed by QphoX. By transferring excitations from the qubit chip resonators to the transducers, the individual microwave photons will be converted to optical photons while still preserving their quantum character.<\/p>\n

QUBT\u2019s Price Performance<\/p>\n

In the past year, QCi\u2019s shares have skyrocketed 2642%, outperforming the industry\u2019s 42.3% growth. The S&P 500 composite has grown 19.6% in the same period.<\/p>\n

\"Zacks<\/p>\n

Image Source: Zacks Investment Research<\/p>\n

Expensive Valuation<\/p>\n

QUBT currently trades at a forward 12-month Price-to-Sales (P\/S) of 2414.60X compared with the industry average of 5.51X.<\/p>\n

\"Zacks<\/p>\n

Image Source: Zacks Investment Research<\/p>\n

QUBT Stock Estimate Trend<\/p>\n

In the past 30 days, its loss per share estimate for 2025 has remained unchanged at 17 cents.<\/p>\n

\"Zacks<\/p>\n

Image Source: Zacks Investment Research<\/p>\n

QUBT stock currently has a Zacks Rank #4 (Sell).<\/p>\n

You can see t<\/a>he complete list of today\u2019s Zacks #1 Rank (Strong Buy) stocks here.<\/a><\/p>\n

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report<\/a><\/p>\n

Quantum Computing Inc. (QUBT) : Free Stock Analysis Report<\/a><\/p>\n

IonQ, Inc. (IONQ) : Free Stock Analysis Report<\/a><\/p>\n

Rigetti Computing, Inc. (RGTI) : Free Stock Analysis Report<\/a><\/p>\n

This article originally published on Zacks Investment Research (zacks.com).<\/a><\/p>\n

Zacks Investment Research<\/a><\/p>\n

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"Quantum Computing Inc. or \u201cQCi\u201d QUBT is continuously focused on strengthening its engagement with strategic government partners. During…\n","protected":false},"author":2,"featured_media":84544,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,105],"class_list":{"0":"post-155726","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-au","9":"tag-australia","10":"tag-computing","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/155726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=155726"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/155726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/84544"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=155726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=155726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=155726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}