| Market Capitalization (Millions $) |
601 |
| Shares
Outstanding (Millions) |
93 |
| Employees |
41 |
| Revenues (TTM) (Millions $) |
0 |
| Net Income (TTM) (Millions $) |
-23 |
| Cash Flow (TTM) (Millions $) |
-4 |
| Capital Exp. (TTM) (Millions $) |
3 |
Quantum Computing Inc
The companys primary goal is to develop software tools and applications for quantum computers. We think that the quantum computing sector offers huge commercial opportunities and that the quantum computer has the potential to disrupt major global businesses. Regardless of when quantum computing provides a significant performance advantage over traditional computing, the software tools and applications required for speeding real-world problems must be created in order to fully realize quantum computings potential.
Quantum computing is a fundamentally new paradigm compared with conventional silicon-based computing, requiring a new and highly technical set of skills to create the software that will drive quantum results. Organizations seeking to gain advantage from the promise of quantum technology must acquire and develop skills in quantum mechanics, mathematics and physics, and a deep knowledge of the ever-changing quantum hardware. The pool of people with those skills today is limited and in high demand.
In order to address the steep learning curve and highly particular skillset associated with quantum computing, the Company is developing 'quantum ready' software applications and solutions for commercial and government entities looking to leverage the expected future performance of quantum computing. We are focused on being an enabler ' creating software that provide the advantages of advanced computing hardware for forward thinking clients.
By reducing the barriers to adoption for commercial and government entities in using quantum computing technologies to solve their most complex problems, we believe our products will accelerate quantum technology adoption similar to the adoption curve that has been witnessed with artificial intelligence. To this end, we are leveraging our collective expertise in finance, computing, mathematics and physics to develop a suite of applications that may enable global industries to utilize quantum computers, quantum annealers and digital simulators to improve their processes, profitability, and security.
Qatalyst (formerly Mukai) is our answer to the current state of the quantum computing industry. As the industry's first publicly available Quantum Application Accelerator, Qatalyst enables developers to create and execute quantum-ready applications on conventional computers, while being ready to run on quantum computers where those systems achieve performance advantage. Qatalyst performs the complex problem transformations necessary to be executed on a variety of quantum platforms today, and users can call upon the same Qatalyst APIs (Application Programming Interfaces) to achieve optimization performance advantages on conventional computers using our cloud-based solution.
Qatalyst dramatically reduces the time-to-quality results and the associated costs for both conventional and quantum computers. Unlike more common toolsets that require deep level quantum expertise to build new quantum problems and workflows, Qatalyst is not a tool kit, but a complete platform. It accelerates performance and results on classic and quantum computers, with no additional quantum programming or quantum computing expertise required. This is why it is unique in its approach to the quantum computing industry. Instead of invoking a team of quantum specialists to transform an optimization problem, an SME or programmer submits their current problem via a software API to the Qatalyst cloud-based platform. Qatalyst manages the workflow, optimizations, and results, without any further intervention by the user. Qatalyst provides a unique advantage to reduce applications development risks and costs by eliminating the need for scarce high-end quantum programmers.
Qatalyst is integrated with the Amazon Cloud BRAKET API, offering access to multiple Quantum Processing Units ('QPUs') including DWave, Rigetti, and IonQ. Qatalyst also integrates directly with IBM's QPUs.
Company Address: 5 Marine View Plaza Hoboken 7030 NJ
Company Phone Number: 436-2121 Stock Exchange / Ticker: NASDAQ QUBT
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