financetom
Business
financetom
/
Business
/
Quantum Computing Wins NASA Subcontract to Remove Solar Noise From LIDAR Data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Quantum Computing Wins NASA Subcontract to Remove Solar Noise From LIDAR Data
May 25, 2025 10:05 PM

11:33 AM EDT, 04/30/2025 (MT Newswires) -- Quantum Computing ( QUBT ) said Wednesday it was awarded a subcontract of up to $406,478 by the National Aeronautics and Space Administration's Langley Research Center to develop a quantum computing technique for the removal of solar noise from space light detection and ranging, or LIDAR, data.

The period of performance under the subcontract ends May 31, 2026, the company said.

Shares of the company were down 4.3% in recent trading.

Price: 6.62, Change: -0.30, Percent Change: -4.27

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Eli Lilly, Repertoire Launch Collaboration to Develop Treatments for Autoimmune Diseases
Eli Lilly, Repertoire Launch Collaboration to Develop Treatments for Autoimmune Diseases
Mar 11, 2026
11:28 AM EST, 01/29/2026 (MT Newswires) -- Eli Lilly ( LLY ) and Repertoire Immune Medicines are launching a collaboration to develop tolerizing therapies for autoimmune diseases. Repertoire said Thursday it will receive an upfront payment of $85 million and up to an additional $1.84 billion tied to development and commercial milestones, along with royalties on sales. Repertoire will lead...
Theater company AMC expects another loss, strikes deal with creditors
Theater company AMC expects another loss, strikes deal with creditors
Mar 11, 2026
Jan 29 (Reuters) - AMC Entertainment ( AMC ) on Thursday forecast a fourth-quarter loss wider than Wall Street estimates, as return to theaters remained slow, hurting recovery from pandemic-era lows. The largest U.S. theater chain operator ‌also said it struck a deal with some creditors, including those ​of its Odeon European unit, that would clear the ‍path for debt...
Update: Honeywell Shares Gain After Q4 Earnings, Revenue Rise; 2026 Guidance Issued
Update: Honeywell Shares Gain After Q4 Earnings, Revenue Rise; 2026 Guidance Issued
Mar 11, 2026
10:18 AM EST, 01/29/2026 (MT Newswires) -- (Updates to add the latest stock movement in headline and first paragraph.) Honeywell International ( HON ) shares rose by 4.6% in early Thursday trading after the company reported higher Q4 results. Honeywell ( HON ) reported Q4 adjusted earnings Thursday of $2.59 per diluted share, up from $2.22 a year earlier. Analysts...
Dodge wins lawsuit over u-turn on 'limited edition' SUV production
Dodge wins lawsuit over u-turn on 'limited edition' SUV production
Mar 11, 2026
Jan 29 (Reuters) - The parent of automaker Dodge on Thursday defeated a consumer fraud and false advertising lawsuit brought by owners of 2021 Dodge ‌Durango SRT Hellcats, who said their limited edition SUVs lost ​value when more were made two years later. Hellcat ‍owners in the proposed class ⁠action said ⁠they paid premium prices as high as $114,225 based...
Copyright 2023-2026 - www.financetom.com All Rights Reserved