- Quantum Computing Inc. (QUBT, Financial) secures a $332,000 purchase order from a Top 5 U.S. Bank for its quantum cybersecurity solutions.
- The order includes quantum communication systems for a Cybersecurity Quantum Optics Lab, enhancing quantum security measures.
- QCi's deal includes professional services and extended warranty, solidifying its position as a strategic partner in the financial sector.
Quantum Computing Inc. (Nasdaq: QUBT), a leader in integrated photonics and quantum optics technology, announced it has secured a significant purchase order from a Top 5 U.S. Bank valued at approximately $332,000. This marks QCi’s first U.S. commercial sale of its advanced quantum cybersecurity solutions, underlining the company's capabilities in this emerging field.
The order involves deploying QCi's quantum communication systems within the bank’s newly established Cybersecurity Quantum Optics Lab. These systems are designed to generate, distribute, and detect entangled photons at telecom wavelengths, leveraging time-frequency degrees of freedom for enhanced stability and robustness. This technology will serve as the foundation of a secure, air-gapped quantum security testbed aimed at validating cutting-edge quantum technologies such as quantum key distribution (QKD), quantum authentication, and quantum random number generation (QRNG).
In addition to delivering hardware, the agreement includes professional services and extended warranty coverage. This comprehensive package positions QCi not merely as a vendor but as a strategic partner in the bank's long-term quantum security strategy.
Dr. Yong Meng Sua, CTO at QCi, remarked, "This order represents a pivotal commercial validation of QCi's quantum photonics and hardware capabilities. As cyber threats grow, the urgency to harden communication systems using quantum principles is clear. We're proud to support one of the nation's preeminent financial institutions as they pioneer these defenses."
This development is seen as a substantial enhancement of QCi's market position, aligning the company as a key player in the development of quantum-secured infrastructure for high-impact industries. The strategic nature of this engagement illustrates the growing enterprise commitment to quantum security and sets the stage for potential future opportunities should the testbed prove successful.
