Quantum Computing Inc. (QUBT) shares have experienced a significant surge following the announcement of a new contract with NASA's Goddard Space Flight Center. Under this contract, Quantum Computing will utilize its entropy quantum optimization machine, Dirac-3, to support NASA's advanced imaging and data processing needs. This development has sparked increased interest in quantum computing stocks, especially in light of recent advancements in the field, such as Google's breakthrough with its Willow quantum computer.
The excitement surrounding quantum computing technologies has been further fueled by Google's recent announcement, which has added momentum to the sector. The Google Quantum AI team's claims about Willow's performance have captured the market's attention, suggesting that quantum computation might occur in parallel universes. This broader interest in quantum computing has contributed to the remarkable rise in QUBT's stock price.
Quantum Computing Inc.'s stock is currently priced at $18.73, marking an 11.55% increase from its previous close of $16.79.