The move will give QCI more visibility for its flagship Qatalyst platform, which aims to deliver quantum computing without complex programming and code and quantum experts.
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According to QCI, Qatalyst gives enterprises the ability to use quantum computing to solve supply chain, logistics, drug discovery, cybersecurity and transportation issues. QCI will trade under the QUBT ticker, which was used for its over-the-counter listing. Here are some key points about Qatalyst:
Analysts and programmers can submit and solve computational problems using quantum methods in less than a week. Analysts and programmers can run the same programming across any quantum or classical machine. The ability to run on quantum and classical macines delivers a diversity of results. QCI can access a range of quantum computers from the likes of D-Wave, IonQ, Rigetti and IBM via AWS Braket and IBM Cloud, respectively.
The components of Qatalyst include APIs, services, portals and access to compute resources. Robert Liscouski, CEO of QCI, said in a recent shareholder letter: In June, QCI said it entered a 3-year agreement with Los Alamos National Labratory to run exascale and petascale simulations. Liscouski said the Nasdaq listing will bring more liquidity, shareholders and visibility to the company. As of Dec. 31, QCI had $15.2 million in cash, a net loss of $24.73 million and no revenue.
