{"id":692642,"date":"2022-10-05T17:33:47","date_gmt":"2022-10-05T21:33:47","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/"},"modified":"2022-10-05T17:33:47","modified_gmt":"2022-10-05T21:33:47","slug":"vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/","title":{"rendered":"VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories"},"content":{"rendered":"

\nProject to Demonstrate Applied Quantum Computing for Real-World Problem Solutions
\n<\/h2>\n
\n

RICHMOND, Va. and LEESBURG, Va., Oct. 05, 2022 (GLOBE NEWSWIRE) — The Virginia Innovation Partnership Corporation<\/u><\/a> (VIPC) announced today a partnership with\u00a0Quantum Computing Inc.<\/u><\/a> (QCI) (NASDAQ: QUBT), a Virginia-based emerging leader in accessible quantum computing, to determine optimal flight trajectories for unmanned aerial vehicles leveraging QCI\u2019s Path to Quantum consulting<\/u><\/a>, Qatalyst\u2122 software<\/u><\/a>, and Quantum Photonic Systems hardware<\/u><\/a>.\u00a0<\/p>\n

QCI will apply its quantum photonic systems to a critical risk-management use case involving the selection of flight trajectories for unmanned aerial vehicles. Under this effort QCI will identify the optimal time, speed, and route for drone aircraft to traverse among destinations, while satisfying airspace constraints and minimizing risks related to weather, obstacles, and other aircraft through the use of QCI\u2019s Entropy Quantum Computing (EQC)<\/u><\/a> systems.<\/p>\n

Risk-based decision making is a real-world problem identified as a key strategic priority by the Federal Aviation Administration. QCI\u2019s Entropy Quantum Computing systems are well-suited to solving complex optimization problems, and show the potential to quickly identify optimized flight paths that minimize costs and in-flight risks.<\/p>\n

VIPC is the nonprofit commercialization and seed stage economic development driver in the Commonwealth that leads funding, infrastructure, and policy initiatives to support Virginia\u2019s innovators, entrepreneurs, startups, and market development strategies. VIPC collaborates with local, regional, state, and federal partners to support the expansion and diversification of Virginia\u2019s economy and at the development of emerging technologies like quantum computing within the Commonwealth of Virginia to improve competitiveness and attract more commercial opportunities to the state.\u00a0<\/p>\n

As a part of this project, QCI and VIPC plan to leverage sensor and micro-weather data collected by the Virginia Flight Information Exchange (VA-FIX), an information hub focused on providing authoritative state and local data in support of unmanned aerial systems. VIPC sees these components as key leading-edge technologies for advanced air mobility in Virginia.\u00a0<\/p>\n

\u201cOur partnership with Virginia-based company QCI is designed to test and discover the impact of quantum computing solutions on complex problems,\u201d said David Ihrie, CTO and VP for Strategic Initiatives at VIPC. \u201cEmerging technology will require faster, more efficient quantum computing solutions. We are working to ensure Virginia is prepared for safe and efficient technology integration.\u201d<\/p>\n

\u201cVIPC and the Commonwealth of Virginia have demonstrated their technology leadership with this project, focusing on real world problems involving quantum computing. QCI is excited about the opportunity to partner with VIPC on this project,\u201d stated Robert Liscouski, CEO of QCI. \u201cQCI is eager to demonstrate that quantum computing offers business solutions for today\u2019s problems, not just in the sense of computing power, but in other applications including LiDAR and quantum networks.\u201d<\/p>\n

\n About Virginia Innovation Partnership Corporation (VIPC)<\/strong>
\n
Connecting innovators with opportunities. The nonprofit operations arm of the Virginia Innovation Partnership Authority (VIPA), VIPC is the commercialization and seed stage economic development driver in the Commonwealth that leads funding, infrastructure, and policy initiatives to support Virginia\u2019s innovators, entrepreneurs, startups, and market development strategies. VIPC collaborates with local, regional, state, and federal partners to support the expansion and diversification of Virginia\u2019s economy.<\/p>\n

Programs include: Virginia Venture Partners (VVP) | Virginia Founders Fund (VFF) |Commonwealth Commercialization Fund (CCF) | Smart Communities | Unmanned Systems | Entrepreneurial Ecosystems | Regional Innovation Fund (RIF) | Federal Funding Assistance Program (FFAP) for SBIR & STTR | University Partnerships | Startup Company Mentoring & Engagement. For more information, please visit\u00a0www.VirginiaIPC.org<\/u><\/a>. Follow VIPC on Twitter<\/u><\/a>, LinkedIn,<\/u><\/a> and\u00a0Facebook<\/u><\/a>.<\/p>\n

\n About Quantum Computing Inc.<\/strong>
\n
Quantum Computing Inc. (QCI) (NASDAQ: QUBT) is a full-stack quantum software and hardware company on a mission to accelerate the value of quantum computing for real-world industry applications, delivering the future of quantum computing, today. The combination of QCI\u2019s flagship ready-to-run software product, Qatalyst<\/u><\/a> with its industry-leading Entropy Quantum Computing (EQC) system, Dirac 1<\/u><\/a>, provides a broadly accessible and affordable enterprise quantum solution capable of solving real business problems now. QCI\u2019s expert team in finance, computing, security, mathematics and physics has over a century of combined experience with complex technologies; from leading edge supercomputing, to precision sensors and imaging technology, to the security that protects nations. For more information about QCI, visit www.quantumcomputinginc.com<\/u><\/a>.<\/p>\n

\n Important Cautions Regarding Forward-Looking Statements<\/strong>
\n
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing Inc. (the \u201cCompany\u201d), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.<\/p>\n

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as \u201cmay,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cintends,\u201d \u201cgoal,\u201d \u201cobjective,\u201d \u201cseek,\u201d \u201cattempt,\u201d \u201caim to,\u201d or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company\u2019s Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company\u2019s filings with the SEC.<\/p>\n

Qatalyst\u2122 is the trademark of Quantum Computing Inc. All other trademarks are the property of their respective owners.<\/p>\n

\n QCI Company Contact:<\/strong>
\n
Robert Liscouski, CEO
Quantum Computing, Inc.
+1 (703) 436-2161
Email Contact<\/u><\/a><\/p>\n

\n QCI Investor Relations Contact:<\/strong>
\n
Ron Both or Grant Stude
CMA Investor Relations
+1 (949) 432-7566
Email Contact<\/u><\/a><\/p>\n

\n QCI Media Relations Contact:<\/strong>
\n
Seth Menacker
Fusion Public Relations
+1 (201) 638-7561
qci@fusionpr.com<\/u><\/a><\/p>\n

\n VIPC Media Relations Contact:<\/strong>
\n
\u200b\u200bAngela Costello
VP of Communications & Marketing, VIPC
Angela.Costello@VirginiaIPC.org<\/u><\/a><\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Project to Demonstrate Applied Quantum Computing for Real-World Problem Solutions RICHMOND, Va. and LEESBURG, Va., Oct. 05, 2022 (GLOBE NEWSWIRE) — The Virginia Innovation Partnership Corporation (VIPC) announced today a partnership with\u00a0Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a Virginia-based emerging leader in accessible quantum computing, to determine optimal flight trajectories for unmanned aerial vehicles leveraging QCI\u2019s Path to Quantum consulting, Qatalyst\u2122 software, and Quantum Photonic Systems hardware.\u00a0 QCI will apply its quantum photonic systems to a critical risk-management use case involving the selection of flight trajectories for unmanned aerial vehicles. Under this effort QCI will identify the optimal time, speed, and route for drone aircraft to traverse among destinations, while satisfying airspace constraints and minimizing risks related to weather, obstacles, … <\/p>\n

Continue reading “VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-692642","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Project to Demonstrate Applied Quantum Computing for Real-World Problem Solutions RICHMOND, Va. and LEESBURG, Va., Oct. 05, 2022 (GLOBE NEWSWIRE) — The Virginia Innovation Partnership Corporation (VIPC) announced today a partnership with\u00a0Quantum Computing Inc. (QCI) (NASDAQ: QUBT), a Virginia-based emerging leader in accessible quantum computing, to determine optimal flight trajectories for unmanned aerial vehicles leveraging QCI\u2019s Path to Quantum consulting, Qatalyst\u2122 software, and Quantum Photonic Systems hardware.\u00a0 QCI will apply its quantum photonic systems to a critical risk-management use case involving the selection of flight trajectories for unmanned aerial vehicles. 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(QCI) (NASDAQ: QUBT), a Virginia-based emerging leader in accessible quantum computing, to determine optimal flight trajectories for unmanned aerial vehicles leveraging QCI\u2019s Path to Quantum consulting, Qatalyst\u2122 software, and Quantum Photonic Systems hardware.\u00a0 QCI will apply its quantum photonic systems to a critical risk-management use case involving the selection of flight trajectories for unmanned aerial vehicles. Under this effort QCI will identify the optimal time, speed, and route for drone aircraft to traverse among destinations, while satisfying airspace constraints and minimizing risks related to weather, obstacles, … Continue reading \"VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/","og_site_name":"Market Newsdesk","article_published_time":"2022-10-05T21:33:47+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1OTc3MCM1MTg5ODIzIzIwOTkyNzY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories","datePublished":"2022-10-05T21:33:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/"},"wordCount":1068,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1OTc3MCM1MTg5ODIzIzIwOTkyNzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vipc-selects-quantum-computing-inc-as-a-partner-for-risk-based-flight-trajectories\/","name":"VIPC Selects Quantum Computing Inc. as a Partner for Risk-Based Flight Trajectories - 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