Quantum Computing Inc. Confirms Dr. Yuping Huang as Chief Executive Officer to Lead Global Growth

Rhea-AI Summary

Quantum Computing Inc. (Nasdaq: QUBT) confirmed the appointment of Dr. Yuping Huang as Chief Executive Officer, effective January 1, 2026, after serving as Interim CEO since April 11, 2025. Dr. Huang brings over 20 years in quantum physics and led research programs totaling approximately $40M in funding from U.S. agencies and partners.

The company said the leadership change aligns with its ten-year technology roadmap as QCi shifts from prototype and small-batch manufacturing toward industrial-scale production, with plans to refine engineering, expand Fab 1 operations, and lay foundations for Fab 2. QCi emphasizes room-temperature, low-power integrated photonics devices for research, government, and commercial markets.

Positive

• CEO appointment effective Jan 1, 2026
• Interim CEO role held since Apr 11, 2025
• Executive led ~$40M in funded quantum research
• Plan to expand Fab 1 and prepare Fab 2 for volume production
• Products designed for room-temperature, low-power operation

Negative

• None.

Key Figures

Research funding $40M Quantum research projects led by Dr. Huang

Q3 2025 revenue $384 thousand Quarter ended Sep 30, 2025

Q3 loss from operations $10.4 million Q3 2025 operating loss

Q3 net income $2.382 million Q3 2025 net income driven by non-cash items and interest

Cash & short-term investments $555.6 million Balance as of Sep 30, 2025

Long-term investments $257.5 million Balance as of Sep 30, 2025

Equity proceeds $756.5 million Net from share issuances in nine months ended Sep 30, 2025

CEO base salary $425,000 Annual base salary effective Jan 1, 2026

Market Reality Check

$11.42 Last Close

Volume Volume 14,785,041 vs 20-day avg 21,984,566, indicating below-average trading activity. low

Technical Price 11.27 trades below 200-day MA 13.6 and is 58.49% below the 52-week high.

Peers on Argus 1 Up

Peers show mixed but generally positive moves: RGTI up 3.72%, QBTS up 6.6%, while CRSR is flat and SSYS nearly unchanged. Momentum scanner only flags QBTS, so QUBT’s action appears more stock-specific than a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 10	CES demos announced	Positive	-4.9%	Live quantum photonics demos planned for CES 2026 to showcase applications.
Dec 10	Correction notice	Neutral	-4.9%	Clarified timing and details of CES 2026 demo announcement without new fundamentals.
Dec 09	Private placement	Negative	+1.5%	Oversubscribed private placement raising about $500M gross to fund growth.
Nov 25	Conference attendance	Neutral	+1.0%	UBS tech and AI conference participation and quantum computing panel appearance.
Nov 17	Product unveiling	Positive	+8.5%	Launch of Neurawave photonics-based reservoir computer at SuperCompute25 event.

Pattern Detected

News has drawn mixed reactions: product unveilings have seen positive moves, while other operational and financing updates have sometimes sold off despite constructive narratives.

Recent Company History

Over the last month, QUBT highlighted product and commercial progress, including unveiling its Neurawave photonics-based reservoir computer and planning live demos at CES 2026. The company also completed a large oversubscribed private placement raising about $500 million gross as part of roughly $900 million raised since November 2024. Conference participation and manufacturing capabilities in Tempe, Arizona have been featured. Today’s CEO confirmation builds on this trajectory by formalizing leadership as QUBT scales from prototypes toward volume manufacturing.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-10-09

QUBT has an effective S-3ASR shelf filed on 2025-10-09, valid until 2028-10-09. The filing outlines selling stockholder positions and standard offering-related expenses, and usage_count of 0 indicates no recorded takedowns from this shelf yet.

Market Pulse Summary

The stock moved -9.3% in the session following this news. A negative reaction despite the CEO confirmation would fit QUBT’s sometimes inconsistent responses to news, where prior positive announcements have not always translated into near-term strength. Shares recently traded at 11.27, below the 13.6 200-day MA and 58.49% under the 27.15 52-week high. With substantial cash of $555.6 million and an effective shelf in place, investors may weigh leadership stability against prior dilution and execution risk.

Key Terms

quantum optics technical

"an innovative, quantum optics and integrated photonics technology company"

Quantum optics studies how light behaves when you treat it as tiny packets and how those packets interact with matter at the smallest scales; imagine controlling single particles of light the way you might move individual marbles instead of a bucketful of sand. It matters to investors because advances in this field enable technologies—such as ultra-fast computing, unbreakable communication, and extremely sensitive sensors—that can create new markets, change competitive positions, and drive long-term value for companies working to commercialize them.

integrated photonics technical

"quantum optics and integrated photonics technology company"

Integrated photonics are tiny chips that route and process light signals the way conventional microchips handle electricity, combining lasers, waveguides and detectors onto a single compact device. For investors this matters because these chips can enable much faster, lower‑power and smaller systems for data centers, telecom, sensors and emerging technologies; that potential for cost reduction, performance gains and new product opportunities can drive revenue growth and competitive advantage.

quantum photonics technical

"growth and scaling its quantum photonics systems for industrial and commercial use"

Quantum photonics is the science and engineering of creating and controlling individual particles of light to carry and process information using the rules of quantum physics. For investors, it matters because these light-based quantum devices promise new kinds of ultra-fast computing, extremely secure communications and ultra-sensitive sensors—think of upgrading from a bicycle to a high-speed transit network—and could create entirely new markets, but they carry long development timelines and technical risk.

thin film lithium niobate technical

"thin film lithium niobate foundry services to the world today"

Thin film lithium niobate is a very thin, high-quality crystalline layer of the material lithium niobate placed on a supporting chip to guide and control light on a tiny scale. Think of it as a narrow, super‑responsive lane for light that electronics can steer quickly; it matters to investors because it enables smaller, faster and more energy‑efficient optical components used in high-speed communications, data centers and sensing, which can improve product performance and margins.

foundry services technical

"thin film lithium niobate foundry services to the world today"

Foundry services are contract manufacturing where a specialized factory produces products or components to another company's designs—most commonly semiconductor chips, but also precision parts in other industries. Investors care because a foundry's profits and cash flow depend on its production capacity, efficiency and long-term customer contracts; like renting a commercial kitchen to different chefs, higher usage and better output quality boost revenue while large equipment needs and supply constraints create risk.

AI-generated analysis. Not financial advice.

HOBOKEN, N.J., Dec. 17, 2025 /PRNewswire/ -- Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced a leadership update with the appointment of Dr. Yuping Huang as Chief Executive Officer ("CEO"), effective January 1st, 2026. Dr. Huang was appointed as QCi's Interim CEO on April 11, 2025. This appointment comes as part of QCi's ongoing focus on growth and scaling its quantum photonics systems for industrial and commercial use.

Dr. Huang's appointment marks a pivotal moment as QCi moves from prototype development and small-batch manufacturing toward industrial-scale manufacturing production. The Board has worked closely with Dr. Huang to ensure the alignment of leadership with the Company's ten-year technology roadmap and long-term vision.

Dr. Huang brings over 20 years of leadership in quantum physics and technology. He earned a PhD in quantum AMO physics and has held faculty and research leadership roles at Northwestern University and Stevens Institute of Technology. He has led a robust portfolio of quantum research projects totaling approximately $40M in funding from US government agencies including DARPA, NSF, the Department of Defense and NASA, as well as private partners. His deep expertise in quantum photonics positions QCi to accelerate its roadmap and expand adoption of its room-temperature, integrated photonics quantum devices across research, government, and commercial sectors.

"I'm honored to take on the role of CEO at QCi," said Dr. Yuping Huang. "Over the past eight months as interim CEO, I've seen firsthand the incredible talent and innovation within our team. As we move from prototype development to manufacturing, I'm excited to lead QCi in making practical, scalable quantum photonics technology accessible to a wide range of industries, driving real-world impact and advancing our long-term vision to put quantum into the hands of people."

"We are proud and delighted to confirm the appointment of Dr. Huang to the position of Chief Executive Officer of QCi. As Chairman and CEO of the Company, our shareholders and team-members will benefit from both his dedicated leadership and his vast knowledge of the science that will power us through our next phase of growth. As we scale our quantum technology from prototypes to real world products and applications, Dr Huang's experience in both the laboratory and business world will be a guiding light, as we see quantum computing take its rightful place at the center of the technologies that will power the world in the decades ahead," said Robert Fagenson, Vice Chairman of the Board.

Under Dr. Huang's leadership, QCi will continue refining its engineering and manufacturing processes, expanding Fab 1 operations, and laying the foundation for Fab 2 to enable volume production. The Company remains committed to making quantum technology practical, scalable, and accessible, while driving innovation across telecommunications, finance, AI, defense, and environmental applications.

About Quantum Computing Inc.
Quantum Computing Inc. (Nasdaq: QUBT) is an innovative, quantum optics and integrated photonics technology company that provides accessible and affordable quantum machines and thin film lithium niobate foundry services to the world today. QCi's products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications.

Company Contact:
Rosalyn Christian/John Nesbett
IMS Investor Relations
qci@imsinvestorrelations.com

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of QCi and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the development of quantum applications and the expansion of manufacturing capability, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, QCi undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

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SOURCE Quantum Computing Inc.

FAQ

When does Dr. Yuping Huang officially become CEO of QCi (QUBT)?

Dr. Yuping Huang becomes CEO effective January 1, 2026.

How long has Dr. Yuping Huang served as interim CEO of Quantum Computing Inc. (QUBT)?

He has served as Interim CEO since April 11, 2025.

What experience does QCi CEO Dr. Yuping Huang bring to QUBT?

Dr. Huang has over 20 years in quantum physics and led research programs totaling approximately $40M in funding.

What manufacturing plans did QCi (QUBT) announce under the new CEO?

QCi plans to refine engineering, expand Fab 1 operations, and lay the foundation for Fab 2 to enable volume production.

How will QCi's products be positioned in the market under Dr. Huang's leadership (QUBT)?

The company emphasizes room-temperature, low-power integrated photonics devices for research, government, and commercial applications.

Does the QCi announcement (QUBT) include financial guidance or revenue targets?

The announcement does not provide specific financial guidance or revenue targets.