Quantum Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced that it has received a purchase order and entered into a framework agreement with Planck Dynamics (the "Customer"), a portfolio company of The Netherlands based defense technology investment firm NUNC Capital BV, to deploy QCi's NeuraWave photonic reservoir computer as a foundational platform for next-generation AI applications.
Under the terms of the agreement, the Customer has issued an initial purchase order for five NeuraWave systems, with delivery expected during 2026. The agreement also establishes a commercial framework designed to support scaled deployment of NeuraWave systems as end-user milestones are achieved and representing a potential aggregate program value in excess of $10 million. Future purchase orders beyond the initial order are contingent upon the Customer's achievement of specified program milestones and other customary conditions and, accordingly, are not guaranteed.
Login to comment