QUBT - Quantum Computing surges on follow-on order to support NASA with climate monitoring
2023-05-23 09:22:06 ET
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Quantum Computing ( NASDAQ: QUBT ) said Tuesday it got a follow-on order to a subcontract award from February to help NASA with remote sensing and climate change monitoring.
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The company will process satellite images for NASA by utilizing its photonic-based reservoir computing technology, in addition to testing its proprietary quantum photonic system for remote sensing applications.
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The initial testing engagement is expected to be completed during the second quarter of 2023, the company said.
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Shares +22.5% at $1.58 premarket.
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Quantum Computing surges on follow-on order to support NASA with climate monitoring