Quantum Computing Inc. Expands Global Quantum Adoption Through New Hamad Bin Khalifa University Framework Agreement
QCi and HBKU enter a three-year collaboration that brings Dirac-3 access and quantum education initiatives to Qatar’s growing ecosystem.
Rhea-AI Summary
Quantum Computing Inc. (QUBT) signed a three-year Framework Agreement with Hamad Bin Khalifa University (HBKU) in Qatar to collaborate on quantum computing, quantum sensing, and quantum communications.
The partnership focuses on joint academic research, executive education, industry-focused projects, applications development, and co-marketing to accelerate quantum technology adoption in Qatar and internationally. QCi will provide HBKU with on‑cloud access to its Dirac‑3 entropy‑based quantum optimization system and install a Dirac‑3 platform in Qatar, giving students, researchers, and industry partners hands‑on access to quantum technologies and supporting workforce development and regional quantum leadership.
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Market Reaction – QUBT
Following this news, QUBT has declined 4.01%, reflecting a moderate negative market reaction. Our momentum scanner has triggered 4 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $7.67. Trading volume is elevated at 2.0x the average, suggesting increased selling activity.
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Key Figures
- Agreement term
- 3 years
- Framework Agreement with Hamad Bin Khalifa University
Historical Context
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Reported Dirac-3 delivery and a university quantum-secure communications order
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
quantum sensing technical
quantum communications technical
quantum-safe communication link technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Partnership supports ongoing quantum research reflective of specific focus area at the University, executive education, industry applications, and workforce development in
The partnership in a specific focus area for HBKU establishes a foundation for joint academic research, executive education programs, industry-focused projects, applications development, and co-marketing initiatives to accelerate the adoption of quantum technologies across
"Quantum technologies will have their greatest impact when they move beyond the laboratory and into practical applications that create measurable value for industry and society," said Yong Meng Sua, CTO of QCi. "We are excited to collaborate with HBKU to advance research, educate future leaders, and explore real-world use of quantum computing, sensing, and communications. This partnership aligns directly with QCi's mission to make quantum technologies accessible, scalable, and impactful for organizations around the world."
QCi will provide on-cloud Dirac-3 system access to HBKU, as well as installation in
Since launching HBKU's Qatar Center for Quantum Computing (QC2), the University's growing capabilities have already translated into application, as demonstrated by the establishment of
"Through this agreement, we are creating new opportunities to further advance quantum research while building the knowledge and skills necessary to support the adoption of quantum technologies across
Pouya Dianat, Chief Product Officer of QCi, added, "One of the most important factors in accelerating quantum adoption is helping business leaders understand where these technologies can create practical value. Our collaboration with HBKU combines academic excellence, executive education, and industry engagement to help bridge that gap and identify high-impact opportunities for quantum solutions."
The agreement reflects both organizations' commitment to advancing quantum innovation through collaboration among academia, industry, and government stakeholders. Over the next three years, QCi and HBKU expect to pursue a range of initiatives, including joint research, executive education, industry applications, technical workshops, and quantum-focused events.
About Quantum Computing Inc.
Quantum Computing Inc. (Nasdaq: QUBT) is a vertically integrated quantum company pioneering photonics and semiconductor manufacturing, and delivering accessible, scalable, and cost-effective quantum machines, photonics products, and advanced packaging. The Company provides foundry services for photonic chips and semiconductor manufacturing and offers a vertically integrated portfolio spanning photonics and electronic components, subsystems, and full-stack systems.
Designed to operate at room-temperature with low-power requirements, QCi's technologies enable practical deployment across high-growth markets, including high-performance computing, artificial intelligence, cybersecurity, aerospace and defense, and advanced sensing and imaging.
Headquartered in
About Hamad Bin Khalifa University
Innovating Today, Shaping Tomorrow
Hamad Bin Khalifa University (HBKU), a member of Qatar Foundation for Education, Science, and Community Development (QF), is a leading, innovation-centric university committed to advancing education and research to address critical challenges facing Qatar and beyond. HBKU develops multidisciplinary academic programs and national research capabilities that drive collaboration with leading global institutions. The university is dedicated to equipping future leaders with an entrepreneurial mindset and advancing innovative solutions that create a positive global impact.
For more information about HBKU, its colleges, research institutes, and initiatives, please visit www.hbku.edu.qa.
To stay up to date on our social media activities, follow our accounts on: LinkedIn, Instagram, X, and Facebook.
For any media inquiries, please contact: media@hbku.edu.qa.
Company Contacts:
Investor Relations
David Moskowtiz, Head of Investor Relations
investors@quantumcomputinginc.com
Media & Communications
Karen Jeffers, Director, Marketing and Communications
media@quantumcomputinginc.com
Agency Contact:
IMS Investor Relations
John Nesbett/Zach Nevas
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 and forecasts, generally identified by terms such as "may," "will," "expect," "believe," "anticipate," "estimate," "enhance," "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. Any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including the development of practical quantum solutions, identifying opportunities for commercialization of quantum technologies, and developing meaningful research educational programs for quantum technologies, 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What practical initiatives do QCi and HBKU plan to pursue under the three-year agreement?
Over the next three years, QCi and HBKU expect to pursue joint research, executive education, industry applications, technical workshops, and quantum-focused events. The companies are already collaborating on educational initiatives to help business and government leaders understand the opportunities and implications of emerging quantum technologies.
What is QCi’s Dirac-3 platform and how will HBKU use it?
Dirac‑3 is described as a platform designed to solve complex optimization problems using entropy quantum computing techniques that can be deployed through the cloud without requiring specialized quantum expertise. QCi will provide HBKU with on‑cloud Dirac‑3 access and install a Dirac‑3 system in Qatar to support the local quantum ecosystem and give students, researchers, and industry partners hands‑on access to quantum technologies.
How has HBKU already developed its quantum capabilities?
HBKU launched the Qatar Center for Quantum Computing (QC2), and its growing capabilities have already translated into application, including the establishment of Qatar’s first quantum-safe communication link in collaboration with national partners. HBKU has continued to build relationships across the quantum ecosystem while developing talent and research infrastructure.