Quantum Computing (QUBT) Stock Soars on NASA Contract Award

Dec 18, 2024

Quantum Computing (QUBT, Financial), a leader in quantum optics technology, saw its stock price hit an all-time high, surging over 22% to $20.58. This spike follows the announcement of a major contract awarded by NASA's Goddard Space Flight Center. The contract involves the use of Dirac-3 technology to address complex phase unwrapping challenges, aimed at optimizing image reconstruction and extracting information from radar-generated interference data.

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