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Quantum Computing Inc. Federal Subsidiary, Qi Solutions, Signs Five-Year Overarching Cooperative Research And Development Agreement With U.S. Special Operations Command

Author: Benzinga Newsdesk | September 19, 2023 08:02am

QI Solutions, a wholly owned subsidiary of Quantum Computing Inc. ("QCi" or the "Company") (NASDAQ:QUBT), has signed a five-year Cooperative Research and Development Agreement (CRADA) with U.S. Special Operations Command (USSOCOM) to develop quantum technology applications in support of USSOCOM programs and requirements.

USSOCOM is the premier entity of the U.S. Department of Defense that deploys the world's latest technology to conduct global special operations and activities as part of the Joint Force, in concert with the U.S. government interagency, allies, and partners, to advance U.S. policies and objectives worldwide.

QI Solutions (QIS) is a nontraditional Defense company with a portfolio of quantum technology including Quantum Photonic Detection and Ranging (QpDAR) sensors, computing, communications, cryptography, and advanced microchip solutions. QIS will work with USSOCOM's Science & Technology (S&T) Directorate on the development of advanced quantum solutions for use by Special Operations Forces (SOF) in their unique mission roles.  

"We are very excited and honored to have the opportunity to work in partnership with the Department of Defense and USSOCOM to develop unique Quantum Solutions based on our advanced technologies that will ultimately be used to protect our country," said Sean Gabeler, President of QI Solutions. 

Robert Liscouski, CEO of Quantum Computing Inc., added, "This is a significant opportunity for QCi and QI Solutions. OCRADAs demonstrate the DoD's belief that advanced quantum technologies can be fielded to address critical problems – today, not in several years."

Posted In: QUBT