Quantum Computing Stock Price, News & Analysis
Company Description
Quantum Computing Inc. Common (Nasdaq: QUBT), often referred to as QCi, is an integrated photonics and quantum optics technology company in the information sector. According to multiple company disclosures, QCi focuses on photonics-driven technologies, quantum photonics systems, and related foundry services that are designed to make quantum capabilities more accessible and affordable. The company states that its products are designed to operate at room temperature and low power at an affordable cost, with applications in high-performance computing, artificial intelligence, cybersecurity, and remote sensing.
QCi describes itself as providing quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate (TFLN). Its portfolio of core technologies and products is presented as offering unique capabilities across computing, AI, security, and sensing use cases. Company communications emphasize a goal of putting quantum technology "into the hands of people" by moving from lab-based innovation toward practical, deployable systems.
Business focus and technology platform
Based on recent press releases, QCi operates a thin-film lithium niobate photonic chip foundry, also referred to as Fab 1, in Tempe, Arizona. The company reports that this facility supports photonic integrated circuit capabilities on a 150 mm wafer line and is used to stabilize production processes and ramp small-batch manufacturing for early customer orders. QCi also references plans for a second, larger facility, Fab 2, intended to support higher-volume production as part of its roadmap toward scalable quantum and photonic manufacturing.
QCi highlights integrated photonics and TFLN-based devices as central to its approach. In collaboration announcements, the company notes that it is one of the few organizations that have demonstrated processes to make TFLN adaptable for advanced wafer-level manufacturing. These capabilities are positioned by QCi as enabling high-speed, energy-efficient optical components and systems that can be integrated into existing computing and networking infrastructures.
Products, systems, and applications
In its public communications, QCi points to several product and system-level efforts. The company has announced:
- Quantum machines and quantum optimization systems, including the Dirac-3 quantum optimization system, which is used in cloud-based form and in projects such as a NASA Langley Research Center program focused on removing solar noise from space-based LiDAR data.
- Quantum cybersecurity solutions, with the company reporting a purchase order from a top 5 U.S. bank for its quantum security offerings, described as the first U.S. commercial sale of its quantum cybersecurity platform.
- Photonics-based reservoir computing through a system called Neurawave, described as a photonic computing platform built on a standard PCIe interface. QCi states that Neurawave combines optical computing with digital electronics to provide a practical, scalable, and energy-efficient solution for high-performance applications, particularly edge-AI use cases such as signal processing, time-series forecasting, and pattern recognition.
- Cloud access to its Dirac-3 quantum computer, allowing users at industry events to explore real-time quantum processing.
Across these offerings, QCi emphasizes that its systems are designed to operate at room temperature, use low power, and integrate with existing computing environments. Demonstrations described by the company include financial modeling, AI training, and route optimization, all intended to illustrate how quantum photonics and photonic computing can support better decision-making in complex scenarios.
Strategic initiatives and partnerships
QCi has disclosed several strategic initiatives aimed at expanding its technology base and commercial footprint. The company has signed a Stock Purchase Agreement to acquire Luminar Semiconductor, Inc. (LSI), a wholly owned subsidiary of Luminar Technologies, Inc., in an all-cash transaction valued at $110 million, subject to customary adjustments and bankruptcy court approval. LSI manufactures and sells a portfolio of photonic components and holds patents and engineering expertise that QCi believes will accelerate its roadmap and strengthen its supply chain.
QCi has also been selected as the stalking horse bidder for selected remaining assets of Luminar Technologies, Inc. in connection with Luminar's Chapter 11 process. The company indicates that, if approved and completed, this proposed transaction would extend its capabilities into deployed LiDAR sensing systems and support Luminar's ongoing R&D and customer programs. These Luminar-related transactions are described by QCi as consistent with a strategy to build scalable commercial platforms in adjacent sensing markets while preparing for future quantum sensing applications.
In addition, QCi has announced a strategic collaboration with POET Technologies Inc. to co-develop 400G/Lane TFLN modulator-based 3.2 Tbps optical engines for co-packaged optics (CPO) and next-generation AI connectivity. Under this agreement, QCi will apply its TFLN expertise to integrate high-performance modulators with POET's Optical Interposer platform, targeting data-transfer speeds at 3.2 Tbps and beyond for AI systems networks and hyperscale data centers.
Capital raising and growth plans
Through a series of private placements disclosed in its SEC filings, QCi has raised significant capital by issuing shares of common stock to institutional investors. The company reports that these offerings are intended to fund commercialization efforts, strategic acquisitions, expansion of sales and engineering personnel, working capital, and general corporate purposes. Management commentary in earnings releases and 8-K filings links this capital base to a multi-year growth plan focused on technical execution, strategic hiring, and scaling of its foundry and quantum systems.
QCi also participates in industry and investor events, such as the UBS Global Technology and AI Conference and major conferences in optical communication and quantum technologies. The company notes membership in organizations like the Quantum Economic Development Consortium (QED-C) as part of its engagement with broader quantum and photonics ecosystems.
Leadership and governance
According to an 8-K filing, QCi's board of directors appointed Dr. Yuping Huang as Chief Executive Officer effective January 1, 2026, following his prior service as Interim CEO and President. Dr. Huang has also served as Chairman of the Board and Chief Quantum Officer and previously founded QPhoton, Inc., a development-stage company focused on commercializing quantum photonic technology and devices that was acquired by QCi. The company describes Dr. Huang as bringing extensive experience in quantum physics, quantum photonics, and research leadership, and it links his appointment to its long-term technology roadmap and vision for scaling quantum photonics systems for industrial and commercial use.
Industry classification and stock information
Quantum Computing Inc. Common is categorized under the Software Publishers industry within the Information sector. Its common stock, with a par value of $0.0001 per share, trades on The Nasdaq Stock Market LLC under the ticker symbol QUBT, as indicated in multiple 8-K filings. The company lists its principal offices in Hoboken, New Jersey.
Use cases and sectors served
Across its news releases and filings, QCi highlights a range of sectors where it seeks to apply its technologies. These include:
- Artificial intelligence and high-performance computing, through photonic and quantum systems designed for fast, energy-efficient processing and integration with existing infrastructure.
- Cybersecurity, via quantum security solutions that have begun to see commercial adoption, including a reported sale to a top 5 U.S. bank.
- Remote sensing and LiDAR, as seen in collaborations with NASA on space-based LiDAR data processing and proposed acquisitions related to LiDAR hardware and software platforms.
- Telecommunications, finance, defense, and environmental applications, which the company cites as areas where its quantum and photonic technologies may be applied.
Through these activities, QCi presents itself as working at the intersection of quantum computing, integrated photonics, and advanced sensing, with an emphasis on room-temperature, low-power systems and foundry capabilities that support both research and commercial deployment.