Quantum Computing Inc. (QUBT) specializes in integrated photonics and quantum optics technology, offering accessible and affordable quantum machines designed to operate at room temperature and low power. The company focuses on providing solutions for high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications. Its offerings include services and products that leverage advanced quantum-based technologies to address real-world challenges.
- Services - Provides quantum-based solutions and consulting to introduce customers to quantum technologies and build awareness of their applications.
- Products - Develops and sells quantum hardware, including platforms for high-performance computing and remote sensing, emphasizing affordability, small size, and low energy consumption.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Dr. Yuping Huang ExecutiveBoard | Interim Chief Executive Officer and President | Professor of Physics at Stevens Institute of Technology; Founding Director of the Center for Quantum Science and Engineering at Stevens Institute of Technology | Dr. Yuping Huang is the Interim Chief Executive Officer and President at QUBT since May 12, 2025. He also serves as Chairman of the Board and Chief Quantum Officer at QUBT, while maintaining an active academic career as a Professor of Physics at Stevens Institute of Technology. | View Report → |
Christopher Boehmler Executive | Chief Financial Officer (CFO) | Christopher Boehmler is the CFO at Quantum Computing Inc. since July 1, 2023, after previously serving as Controller from March 2022. He has a diverse background in finance with senior roles in consulting, investment banking, and management. | ||
Dr. Milan Begliarbekov Executive | Chief Operating Officer (COO) | Dr. Milan Begliarbekov is the Chief Operating Officer (COO) of Quantum Computing Inc. (QUBT) since May 2, 2025. Previously, he served as Director of Quantum Foundry starting in September 2022, where he led the design and construction of QUBT's quantum photonic chip foundry. | ||
Dr. Pouya Dianat Executive | Chief Revenue Officer | Dr. Pouya Dianat is currently the Chief Revenue Officer at QUBT since May 2, 2025. Previously, he served as the Director of Photonic Integrated Circuits (PICs) and Foundry Services at QCi. | ||
Dr. Carl Weimer Board | Director | Chief Technologist for Ball Aerospace Civil Business Unit ; Principal Investigator at NASA Earth Science Technology Office | Dr. Carl Weimer has served as Director at QUBT since January 14, 2023. He brings over 25 years of aerospace experience from his roles as Chief Technologist at Ball Aerospace and as Principal Investigator at NASA Earth Science Technology Office. | |
Dr. Javad Shabani Board | Director | Dr. Javad Shabani has served as Director at QUBT since April 19, 2024 and is a member of both the Compensation Committee and the Nominating and Corporate Governance Committee of the Board, showcasing his strategic expertise in quantum computing. | ||
Eric Schwartz Board | Board Director | Managing Director at Castle Harlan | Eric Schwartz is a Board Director at QUBT since March 26, 2025, and brings over 20 years of experience in corporate finance, mergers and acquisitions, and corporate strategy. | |
Michael Turmelle Board | Director | Board of Directors at Ideal Power Inc; Chairman of the Board at Ideal Power Inc | Michael Turmelle has served as Director of Quantum Computing Inc. (QUBT) since January 2022 and is the Chairman of the Audit Committee, leveraging his extensive experience in finance, business operations, and technology. | |
Robert Fagenson Board | Vice Chairman of the Board of Directors | Director, New York City Police Museum; Director, Federal Law Enforcement Officers Association Foundation; Board Member, Sigma Alpha Mu Foundation; Board Member, New York Edge; Alumni Boards, Whitman School of Business at Syracuse University | Robert Fagenson has served at QUBT as a Director since March 2021 and was appointed Vice Chairman on December 10, 2024. He brings extensive experience in financial services and corporate governance from his previous roles at NHC and the NYSE. |
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Given that Q1 2025 revenues increased to $39,000 while gross margins dropped from 41% to 33%, what specific strategies is management implementing to stabilize and improve margins in the coming quarters?
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With the recent completion of the Tempe foundry and modest initial revenue, how does management plan to manage potential capacity constraints, especially if customer demand accelerates faster than anticipated?
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Considering the significant impact of a $23.6 million noncash gain on Q1 net income, what measures are in place to ensure that core operating profitability is sustainable without relying on similar one-time accounting adjustments?
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In light of the increased operating expenses driven by employee-related costs and recent leadership changes, how will management balance aggressive cost-cutting with the need to invest in future growth and technology development?
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As QCI expands both its Quantum machine initiatives and its photonic chip foundry services, what detailed milestones or performance metrics will management target to validate the scalability and long-term viability of these core business segments?
Research analysts who have asked questions during Quantum Computing earnings calls.
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
millionways, Inc. | 2023 | In 2023, QCI planned to acquire up to 100% of millionways, Inc., an AI firm, marked by a Letter of Intent on May 16, 2023 to provide bridge loans and conduct due diligence, and a Note Purchase Agreement on June 6, 2023 involving up to $2,000,000 in unsecured promissory notes with defined interest terms. |
QPhoton, Inc. | 2022 | In 2022, QCI completed the acquisition of QPhoton, Inc. through multiple merger transactions that involved issuing common stock, Series B convertible preferred stock (convertible into common stock at a 10-to-1 ratio), and warrants, thereby integrating QPhoton’s quantum photonic system with QCI’s Qatalyst software to establish full-stack quantum computing solutions, with key leadership changes and stockholder approval steps. |
Recent press releases and 8-K filings for QUBT.
- Zapata Quantum has significantly advanced its quantum software intellectual property strategy in 2025, securing new patents for three technologies across five jurisdictions and filing four additional patent applications.
- The company's intellectual property portfolio now includes more than 60 granted and pending patents, strengthening its position in quantum computing software.
- Dr. Jonathan Olson was appointed as a strategic advisor for intellectual property to guide the growth and commercialization of the patent portfolio.
- Zapata Quantum completed the first phase of its strategic restructuring, which involved $3 million in bridge financing, repayment of half its senior secured debt, and conversion of over $10 million of debt to equity.
- Quantum Computing Inc. (QCi) announced an oversubscribed private placement of 37,183,937 shares of common stock, expected to generate $750 million in gross proceeds.
- The offering, led by QCi's largest existing shareholders, is anticipated to close on or about October 8, 2025.
- Following the closing, QCi's pro-forma cash position is expected to be approximately $1.55 billion, bringing the total capital raised since November 2024 to $1.64 billion.
- The company believes this funding is sufficient to execute its business plan through 2028, with net proceeds allocated for commercialization, strategic acquisitions, and expanding production capabilities and personnel.
- Quantum Computing Inc. (QUBT) announced an oversubscribed private placement of 37,183,937 shares of common stock to institutional investors, expected to generate $750 million in gross proceeds.
- The offering is anticipated to close around October 8, 2025, and is projected to bring the company's pro-forma cash position to approximately $1.55 billion following the closing.
- This capital raise brings QCi's total capital raised since November 2024 to $1.64 billion, which the CEO states is sufficient to fund the business plan through 2028.
- Net proceeds from the offering will be used to fund commercialization, pursue strategic acquisitions, establish volume production capabilities, expand sales and engineering personnel, and for general corporate purposes.
- Quantum Computing Inc. (QCi) will debut its Quantum Secure Solution at the European Conference on Optical Communication (ECOC) 2025.
- The Quantum Secure Solution is described as a one-of-a-kind commercial high-dimensional time-energy-based quantum secure network.
- This platform offers greater data density, improved scalability, and enhanced noise resilience, operates at room temperature, and is broadband-compatible, seamlessly integrating with existing telecom infrastructure.
- QCi aims for this solution to provide unprecedented quantum security and privacy for government, telecom, and enterprise networks, addressing current and future cybersecurity threats.
- Quantum Computing Inc. (QCi) has closed an oversubscribed private placement for the purchase and sale of 26,867,276 shares of common stock, resulting in gross proceeds of $500 million.
- Following this transaction, QCi's total cash position is approximately $850 million.
- The company intends to use the net proceeds to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes.
- This offering, which was priced at a significant premium, contributes to approximately $900 million in gross proceeds raised by QCi since November 2024.
- Quantum Computing Inc. (QUBT) announced the closing of an oversubscribed private placement of common stock on September 24, 2025.
- The offering generated $500 million in gross proceeds from the sale of 26,867,276 shares of common stock.
- Following the closing, the company's total cash position is approximately $850 million.
- The net proceeds will be used to accelerate commercialization efforts, pursue strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes.
- This financing contributes to approximately $900 million in gross proceeds raised by the company since November 2024.
- Quantum Computing Inc. (QCi) announced an oversubscribed private placement of common stock, expected to generate $500 million in gross proceeds.
- The offering, priced at market under Nasdaq rules, is being led by existing shareholders and includes a first-time investment from a preeminent global alternative asset manager.
- Following the closing, QCi's total cash position is expected to be approximately $850 million.
- The company intends to use the net proceeds to accelerate commercialization efforts, strategic acquisitions, expand sales and engineering personnel, and for general corporate purposes.
- This financing brings the total gross capital raised by QCi since November 2024 to approximately $900 million.
- Quantum Computing Inc. (QCi) secured its first direct government contract with the National Institute of Standards and Technology (NIST) for the design and fabrication of thin-film lithium niobate (TFLN) photonic integrated circuits (PICs).
- The NIST contract's performance period is from June 16, 2025, through April 15, 2026.
- Additionally, QCi received a chip order from a Fortune 500 science and technology company, further demonstrating demand for its TFLN platform.
- Quantum Computing Inc. (QCi) has secured a purchase order from a Top 5 U.S. Bank for its quantum communication system.
- The purchase order is valued at approximately $332,000.
- This marks QCi's first U.S. commercial sale of its quantum cybersecurity solutions.
- The system will serve as the cornerstone of a secure, air-gapped quantum security testbed within the bank's newly established Cybersecurity Quantum Optics Lab.
- Quantum Computing Inc. entered into securities purchase agreements for the sale of 14,035,089 shares of common stock at $14.25 per share, raising $200 million in gross proceeds before expenses.
- Following the closing, the company’s total cash position is expected to exceed $350 million.
- The transaction is expected to close on or about June 24, 2025, subject to customary conditions.
- Net proceeds will be used to accelerate commercialization efforts, strategic acquisitions, working capital, and general corporate purposes.