After landing a major contract with NASA's Goddard Space Flight Center, Quantum Computing Inc. (NASDAQ:QUBT) jumped 33% in early trading Tuesday.
The agreement emphasizes on using Dirac-3 technology of Quantum Computing to solve phase unwrapping, a major obstacle in reconstructing radar-generated images and retrieving exact interferometric data. The improved capabilities should help NASA's data analysis and imaging effectiveness.
The agreement represents a major turning point for Quantum Computing since it emphasizes its part in developing methods of radar image optimization. The company's accomplishment highlights increasing faith in quantum solutions to handle challenging, practical issues, therefore energizing investors in the field
Moreover, its important to note the superb run QUBT stock has been on of late, posting a monstrous 74% 5-day gain. Over the past six-months, the stock has gone parabolic having gained an impressive 1,656%. While posting a whopping 1,494% 3-month gain.
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