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Quantum Computing Stock Skyrockets Further on NASA Contract
QMCOQuantum(QMCO) Investopedia·2024-12-17 17:45

Key TakeawaysQuantum Computing was awarded a contract by NASA's Goddard Space Flight Center to use its entropy quantum optimization machine to help the space agency's imaging.Financial terms were not disclosed.Quantum Computing shares, which soared 40% Tuesday, have skyrocketed about 1,600% this year. Shares of Quantum Computing (QUBT), or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administ ...