Quantum Computing Shares Rise 30% After New Purchase Order

Dow Jones

Nov 20, 2024

By Chris Wack

Quantum Computing shares were up 30% to $3.30 after the company said it has received its second purchase order for its thin film lithium niobate photonic chip foundry from the University of Texas at Austin.

Shares of the Hoboken, N.J., company hit their 52-week high of $4.69 on Nov. 14, and have quadrupled in value in the past 12 months.

The optics technology company said the order will support the research efforts of the university's RF Acoustic Microsystem Group, and is part of its pilot launch program, with fulfillment expected in the first quarter of 2025.

Quantum Computing said its Tempe, Ariz., facility remains on track to begin production in the first quarter of 2025.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

November 20, 2024 10:04 ET (15:04 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484148260","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484148260","pubTimestamp":1732115040,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Quantum Computing shares were up 30% to $3.30 after the company said it has received its second purchase order for its thin film lithium niobate photonic chip foundry from the University of Texas at Austin.Shares of the Hoboken, N.J., company hit their 52-week high of $4.69 on Nov. 14, and have quadrupled in value in the past 12 months.The optics technology company said the order will support the research efforts of the university's RF Acoustic Microsystem Group, and is part of its pilot launch program, with fulfillment expected in the first quarter of 2025.Quantum Computing said its Tempe, Ariz., facility remains on track to begin production in the first quarter of 2025.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件","QUBT":"Quantum Computing Inc.","BK4591":"室温超导概念"},"translate_title":"新采购订单后量子计算股价上涨30%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QUBT":0.9},"content_text":"By Chris Wack \n\n\n \n\n\n  Quantum Computing shares were up 30% to $3.30 after the company said it has received its second purchase order for its thin film lithium niobate photonic chip foundry from the University of Texas at Austin. \n\n\n  Shares of the Hoboken, N.J., company hit their 52-week high of $4.69 on Nov. 14, and have quadrupled in value in the past 12 months. \n\n\n  The optics technology company said the order will support the research efforts of the university's RF Acoustic Microsystem Group, and is part of its pilot launch program, with fulfillment expected in the first quarter of 2025. \n\n\n  Quantum Computing said its Tempe, Ariz., facility remains on track to begin production in the first quarter of 2025. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 20, 2024 10:04 ET (15:04 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}