The tech company said the contract will help demonstrate Quantum's capabilities

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Rina7RS
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The tech company said the contract will help demonstrate Quantum's capabilities

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Dirac3 is based on quantum optics and photonics technology. Unlike Google's Willow chip, it has been commercialized and provides cloud access services.

If successful, the project is expected to provide longterm benefits to NASA.

Quantum Computing beat expectations, reporting a loss of $0.06 per share in its most recent quarterly earnings report released on October 2. For the quarter, the company reported revenue of $180,000.

On November 13, Ascendiant Capital Markets raised the company's malaysia phone number list target price to $8.50 and maintained a "buy" rating.

However, it has risen in recent weeks, with some analysts advising caution as it approaches overbought territory and believing a pullback could be in the near term.

Investor interest in quantum computing companies remains strong, with the company's stock performance reflecting the market's view that it is headed for a bright future in the field of quantum technology.


Domestic quantum computing is also taking action

Today, Ashare quantum technology concepts rose accordingly. As of press time, the sector index rose by more than 3%. In terms of individual stocks, BiChuang Technology and Jiulian Technology rose by more than 14%, while six stocks including Fudan Fuhua, Starlight Holdings, Daha Intelligent, Shenzhou Information, Hytera Technology, and Geer Software hit the daily limit.
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