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Quantum Computing Stock Skyrockets 50% Further on NASA Contract

Quantum Computing was awarded a contract by NASA's Goddard Space Flight Center to use its entropy quantum optimization machine to help the space agency's imaging.Financial terms were not disclosed.Quantum Computing shares, which soared 40% Tuesday, have skyrocketed about 1,600% this year.Shares of Quantum Computing , or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administration's Goddard Space Flight Center for its imaging technology.NASA To Use QCi's Dirac-3 To Help Meet Its Imaging, Data Processing Demands. The company explained that NASA will use QCi's entropy quantum optimization machine, Dirac-3, to support the space agency's advanced imaging and data processing demands.QCi noted that Dirac-3 will help address the "challenging phase unwrapping problem for optimally reconstructing images and extracting information from interferometric data generated by radar.". Chi

Quantum Computing Stock Skyrockets 50% Further on NASA Contract

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The company explained that NASA will use QCi's entropy quantum optimization machine, Dirac-3, to support the space agency's advanced imaging and data processing demands.QCi noted that Dirac-3 will help address the \"challenging phase unwrapping problem for optimally reconstructing images and extracting information from interferometric data generated by radar.\". Chi","content":"<html><head></head><body><h3 id=\"id_1822857951\">Key Takeaways</h3><ul style=\"\"><li><p>Quantum Computing was awarded a contract by NASA&#39;s Goddard Space Flight Center to use its entropy quantum optimization machine to help the space agency&#39;s imaging.</p></li><li><p>Financial terms were not disclosed.</p></li><li><p>Quantum Computing shares, which soared 50% Tuesday, have skyrocketed about 1,700% this year.</p></li></ul><p>Shares of Quantum Computing (QUBT), or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administration&#39;s (NASA) Goddard Space Flight Center for its imaging technology.</p><p>Financial terms were not disclosed.</p><p>Quantum Computing shares, which soared 51% Tuesday, have been on a tear over the past month and are now up about 1,700% year-to-date.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/42ee59fc04a76d61cc17cb4902e162ba\" tg-width=\"1345\" tg-height=\"283\"/></p><h2 id=\"id_2292445643\">NASA To Use QCi&#39;s Dirac-3 To Help Meet Its Imaging, Data Processing Demands</h2><p>The company explained that NASA will use QCi&#39;s entropy quantum optimization machine, Dirac-3, to support the space agency&#39;s advanced imaging and data processing demands.</p><p>QCi noted that Dirac-3 will help address the &#34;challenging phase unwrapping problem for optimally reconstructing images and extracting information from interferometric data generated by radar.&#34; </p><p>Chief Executive Officer (CEO) Dr. William McGann said that the goal is to let NASA &#34;compare the results and benefits of QCi&#39;s quantum optimization technology with state-of-the-art algorithms running on classical computers.&#34;</p></body></html>","source":"investopedia_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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