888-384-7144 info@insidequantumtechnology.com

QCI enters commercialization phase, plans many new products

By Dan O'Shea posted 04 Apr 2023

Quantum Computing Inc (QCI) last week said that as it entered 2023 it has transitioned from and R&D-focused phase to one that is much more about commercialization of its products, a statement that probably could serve as the entire quantum computing sector’s motto for this year.

The company reported $136,000 in revenue for 2022, which is… a start.

QCI co-founder and CEO Robert Liscouski stated in reported earnings last week, “In 2022, we completed our product preparation and have entered the commercialization phase. Combined with QCI’s technical success prior to, and as a result of, the merger with QPhoton, we doubled our technical personnel expertise, acquired unique patent assets and IP, and importantly, added photonic hardware and systems capability to our software expertise thereby becoming a full stack, comprehensive quantum enabling company.”

He added, “In addition, we scrutinized all budgets, solidified supply chain and funding relationships, realigned our leadership team with the expanded focus of the company, and established sales and marketing with a scalable go-to-market strategy for a 2023 commercial roll-out.”

Liscouski said the company is taking orders for its entropy quantum computer, quantum LiDAR, and quantum cybersecurity products and subscriptions, and starting this month, QCI’s plan over the next two years is to roll out a series of products, including a quantum random number generator, quantum optical chips, quantum imaging, and a quantum/classical hybrid computer.

More details can be found in the company’s full-year 2022 earnings release.

Dan O’Shea has covered telecommunications and related topics including semiconductors, sensors, retail systems, digital payments and quantum computing/technology for over 25 years.

Categories: quantum computing

Subscribe to Our Email Newsletter

Stay up-to-date on all the latest news from the Quantum Technology industry and receive information and offers from third party vendors.

Researchers from MIT have found a way to boost quantum signals while reducing environmental noise by using a process called "squeezing."Quantum News Briefs looks at news in the quantum industry.