NasdaqCM:QUBTTech
Quantum Computing NuCrypt Deal Expands Photonics And Quantum Communications Ambitions
Quantum Computing Inc. (NasdaqCM:QUBT) has completed the acquisition of NuCrypt, a specialist in photonics and quantum communications.
The deal brings NuCrypt’s systems together with QCi’s thin film lithium niobate photonic technology, with an aim to shrink device size, improve performance and support scalable manufacturing.
Quantum Computing Inc., now trading at a share price of $6.87, has had a mixed return profile, including a very large 3 year gain alongside a 37.6% decline year to date...