Quantum Computing Gets Second Order From University of Texas at Austin

MT Newswires Live

2024/11/20

Quantum Computing (QUBT) said Wednesday it has received its second purchase order from the University of Texas at Austin for the company's thin film lithium niobate photonic chip foundry.

Fulfillment for the order is slated for Q1 2025, the company said.

Financial details weren't provided.

Shares of the company surged more than 27% in recent trading.

Price: 3.23, Change: +0.69, Percent Change: +27.13

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