Quantum Computing Inc. Confirms Dr. Yuping Huang as Chief Executive Officer to Lead Global Growth
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.
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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.
Details
News Market Reaction – QUBT
On Dec 17, the day this news came out, QUBT closed 9.32% below the previous close.
Data tracked by StockTitan Argus for the Dec 17 session.
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
Historical Context
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Live quantum photonics demos planned for CES 2026 to showcase applications.
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Clarified timing and details of CES 2026 demo announcement without new fundamentals.
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Oversubscribed private placement raising about $500M gross to fund growth.
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UBS tech and AI conference participation and quantum computing panel appearance.
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Launch of Neurawave photonics-based reservoir computer at SuperCompute25 event.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
quantum optics technical
integrated photonics technical
quantum photonics technical
thin film lithium niobate technical
foundry services technical
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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
"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.
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