Shares of Quantum Computing (QUBT), or QCi, blasted off Tuesday after the integrated photonics and quantum optics firm announced that it had received a contract from the National Aeronautics and Space Administration's (NASA) Goddard Space Flight Center for its imaging technology.

Financial terms were not disclosed.

Quantum Computing shares, which soared 40% Tuesday, have been on a tear🐓 o💟ver the past month and are now up about 1,600% year-to-date.

NASA To Use QCi's Dirac-3 To Help Meet Its Imaging, Data Processing Demands

The company explained that NASA will use QCi's entropy quantum optimization machine, Dirac-3, to support the space agency's advanced imaging and data processing demands.

QCi noted that Dirac-3 will help address the "challenging phase unwrapping problem for optimally reconstructing images and extracting information from interferometric data generated by radar." 

澳洲幸运5官方开奖结果体彩网:Chief Executive Officer (CEO) Dr. William McGann said that the goal is to let NASA "compare the results and benefits of QCi's quantum optimization technology with state-of-the-art algorithms running on classical computers."