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LEESBURG, Va., Sept. 23, 2021 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (the company or QCI) (Nasdaq: QUBT), a leader in bridging the power of classical and quantum computing, has appointed renowned business and technology leader William J. McGann, Ph.D., to serve on the companys board of directors.

McGann brings over 30 years of executive leadership, technology, and science experience, strengthened by an underlying passion for turning emerging technology into practical solutions for solving some of the worlds greatest challenges. Throughout his career, he has contributed to the advancement of research and technology development and has authored over 70 research proposals for the U.S. government, dozens of scientific publications, and 26 patents in the areas of nuclear, chemical and biological detection technologies.

I am pleased and genuinely excited to be given the opportunity to sit on the Board of Directors at Quantum Computing, Inc. said McGann. The development and application of quantum-based models and methodologies to solve the worlds most complex, classical problems provides a tremendous opportunity for the talented, focused and energized team at QCI. I am looking forward to supporting the business in its critical mission to provide powerful and quantum-ready software business solutions to the world.

Since 2019, McGann has served as the Chief Technology Officer for the Security, Detection and Automation business at Leidos Corp., a civil, defense, health, and intelligence innovator. In this role, he is focused on the creation of innovative customer solutions driven by a strong portfolio of physics, chemistry and software-based products. He is responsible for leading innovation and technology development across the aviation and ports and borders market segments, as well as driving an externally focused business strategy with global markets.

In addition to his business responsibilities at Leidos, McGann also serves the company as a Technology Fellow. In this role, his passions align with the companys mission, which is centered on delivering leading edge technology capabilities and solutions.

With quantum computing poised to revolutionize a number of industries, the QCI team is incredibly fortunate to have someone of Bills caliber on the board of directors, said Robert Liscouski, chairman, president, and CEO of QCI. We are eager to leverage his tremendous track record to guide us in applying the power of quantum computing to deliver practical solutions to critical business problems.

Bill and I have worked together in the past, and frankly, he is a guy that knows how to get things done, Liscouski added.

Over the course of his professional career, McGann has held numerous business and technology leadership positions, including founder of the first explosives trace detection company, Ion Track Instruments; CTO for GE Security; VP of engineering for United Technologies Fire and Security business; CEO and board member of Implant Sciences Corp.; and CTO at L3Harris Technologies, Security and Detection Systems Division.

McGann received his Ph.D. in Chemical Physics from University of Connecticut and holds undergraduate degrees in both Chemistry and Biology.

About Quantum Computing Inc.Quantum Computing Inc. (QCI) (Nasdaq: QUBT) is focused on accelerating the value of quantum computing for real-world business solutions. The companys flagship product, Qatalyst, is the first software to bridge the power of classical and quantum computing, hiding complexity and empowering SMEs to solve complex computational problems today. QCIs expert team in finance, computing, security, mathematics and physics has over a century of experience with complex technologies; from leading edge supercomputing innovations, to massively parallel programming, to the security that protects nations. Connect with QCI on LinkedIn and @QciQuantum on Twitter. For more information about QCI, visit http://www.quantumcomputinginc.com.

Important Cautions Regarding Forward-Looking StatementsThis press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing (Company), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as may, will, expect, believe, anticipate, estimate, intends, goal, objective, seek, attempt, aim to, or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Companys Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Companys filings with the SEC.

Qatalyst is the trademark of Quantum Computing Inc. All other trademarks are the property of their respective owners.

Company Contact:Robert Liscouski, CEOQuantum Computing, Inc.+1 (703) 436-2161Email Contact

Investor Relations Contact:Ron Both or Grant StudeCMA Investor Relations+1 (949) 432-7566Email Contact

Media Relations Contact:Bob GellerFusion Public Relations+1 (917) 816-0562qci@fusionpr.com

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Quantum Computing Inc. Appoints William J. McGann, Ph.D., to its Board of Directors - StreetInsider.com

The disruptive potential of quantum computing is becoming a reality at an unprecedented rate, and there is now a need more than ever to start to demystify quantum. Its time tounderstandwhat it means for business,the impact it will have,and how to get itembedded intoemerging technology strategies within organisations.

As revenue from quantum computing is expected to grow at a CAGR of 32% from 2019 to 2030, reaching 2.54 billion ($3.5 billion) in 2030, there is huge potentialinunlockingthis transformative technology. So,the question is, how to get this relativelynewtechnology that has the possibility to revolutionise business on thestrategicagenda now?

Part of the strategy to roll out quantumin businesswillbehowtopresent this to both internal and external stakeholders, how and what to educate teams onregardingthegrowthopportunity quantum offers, and the steps to taketo do this. And this is no mean feat.

The Quantum Computing Summit London,co-located with The AI Summitat theExCeLLondon(22-23 September),has been designed to provide businessand technical insight, to showcase how quantum is delivering real business value.Access the knowledge from the leaders who will be presenting quantum computing in way that will enable enterprises to secureinvestmentandstakeholder support,and enable them toprogress with pilot programmes.

The Quantum Computing Summit will behostingglobal pioneersfrom across the techsphere who are leading the quantum charge,andwill be diving into topics and discussion areasthat include:

Explore the full agenda here

There isnt a silver bullet for quantum computing but therecouldbe consequences for failing to preparefor this next wave of digital transformation.At the Quantum ComputingSummit,you can leverage access to theexpertswhowill be demonstratinginitial steps required to take in your quantumjourney, and how to lay the foundations for a comprehensive strategy androadmapfor success.

Connect with partners who are actively working with enterprises to scale quantum, and who are accelerating the application of quantum computing in business to solve the most challenging problems.TheQuantum Computing Summitgives enterprisesaccess the tools, practical insights and strategiesto demystify quantum,which will help enterprises to:

There is no doubt that Quantum computing has the potential to disrupt your industry. Gain a competitive edge with access to two days of unrivalled content and access the strategies to quantum you can implement to accelerate business success.

Now is the time to actively take steps to build partnerships that will take your company to the next level.Join us next week in a safe and secure environment and lets get back to business.

The Quantum Computing Summit, 22-23rdSeptember2021,ExCeLLondon.

Request your pass now:The Quantum Computing Summit

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Prepare for the next phase of digital transformation at The Quantum Computing Summit - UKTN - UKTN (UK Technology News

People are calling it a breakthrough, a new phase of matterGoogle's invention of Time Crystals has the science and tech scenes in a daze. No, we're not talking about one of six physics-defying stones evading the grasp of Thanos. This is actual science that apparently defies our current understanding of physics.

Here is a discovery that could move us closer to the most accurate and powerful atomic clocks, gyroscopes, and magnetometers to date, but that's just the icing on the cake. Who knows what other practical applications a discovery of this magnitude could have.

Within Google's Sycamore quantum processor, strange things are afoot. As theorised nine years ago by Theoretical Physicist, Frank Wilczek, a new state of matter has been achieved. By blasting strips of superconducting aluminum with microwaves, the system's qubitswhich encode the ones and zeros in quantum computingwere put into a kind of perpetual motion.

A report from Cornell University, named Observation of Time-Crystalline Eigenstate Order on a Quantum Processor, notes "We demonstrate the characteristic spatiotemporal response of a DTC for generic initial states. Our work employs a time-reversal protocol that discriminates external decoherence from intrinsic thermalization, and leverages quantum typicality to circumvent the exponential cost of densely sampling the eigenspectrum."

More simply put: "It just sort of flip-flops," explains Bournemouth Physicist Curt von Keyserlingk. "It doesn't end up looking random, it just gets jammed stuck. It's like it remembers what it looked like initially, and it repeats that pattern over time."

What this essentially means, is that it may be time to rethink the second law of thermodynamics. The second law basically states entropy (or disorder) will always increase. This is why perpetual motion machines still haven't been invented, at least, potentially until now.

In speaking to Live Science, Loughborough Physicist Achilleas Lazarides (who was part of the initial theory's discovery) describes time crystals as an ever-swinging pendulum. The second law dictates, "Even if you totally physically isolate a pendulum from the universe, so there's no friction and no air resistance, it will eventually stop." This 'thermalisation' just doesn't happen in the case of time crystals.

"Energy starts out concentrated in the pendulum's center of mass, but there's all of these internal degrees of freedomlike the ways the atoms can vibrate inside the rodthat it will eventually be transferred into."

Eventually, the discovery of Time Crystals could translate into supreme quantum computing technology. Right now, at least, while researchers are in very early stages of experimentation, it seems to point to some profound insights surrounding the workings of the universe. It's not concrete at this point, though, and quantum physics is not an easy thing to explain, let alone researchjust keep that in mind.

Now I just have a massive urge to play Bioshock Infinite.

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Time Crystals dodge the second law of thermodynamics, Thanos style - PC Gamer

As College Park looks to growits commercial sector and generate demand for office space planned around the University of Maryland's campus, one emerging technology industryis providing promise: quantum computing.

Bisnow/Jon Banister

PGEDC's Ebony Stocks, Brandywine CEO Gerard Sweeney and University of Maryland President Darryll Pines.

College Park startup IonQreached a $2B dealin March that would make it the first quantum computing company to go public, and it is expectedto complete itsIPO later this month. Last week, IonQ and UMDannounced a partnership to develop a new quantum computing lab that they said would be the first of its kind inthe country.

Theuniversity is spending$20M to build the lab, and it has previously invested $300M into quantum science to helpadvancethe emerging sector. Leaders from the university and the county, speaking Wednesday at Bisnow's Future of Prince George's Countyevent in College Park, said the cityhas the ability to become a national hubfor quantum computing, potentially creating a new commercial real estate cluster around the campus.

University of Maryland President Darryll Pines, who was dean of theuniversity's engineering school before becoming presidentlast year, said he seesthe IonQ IPO and lab partnership as a major opportunity for College Park.

"This is the beginning of a new industry; this is why you should care," Pines told the audience of around 175 commercial real estate professionals. "It's at the nascent stage right now, but the fact that it's sitting here in our backyard allows us to leverage it and allows us to build a quantum industry in this region."

Pines said College Park is particularly primed to benefit from this industry's growth because of itsDiscovery District, a150-acre mixed-use district in between the campus and the Metro station that the university is partnering with private developers to build. The Discovery District welcomed a new 297-room hotel in 2017anda WeWork coworking space in 2019, and it has several office, multifamily and retail projects in various stages ofdevelopment.

The latest project to move forward in the Discovery District is a 5-acre, $300M development from Brandywine Realty Trust. The university and its partner, Terrapin Development Co., selectedBrandywine in March to build 550K SF of office, 250 multifamily units and retail.

Courtesy of Brandywine Realty Trust

A rendering of the mixed-use project Brandywine plans to build in College Park's Discovery District.

Brandywine Realty Trust CEO Gerard Sweeney announced at Thursday'sevent that the project will be branded as Discovery Point, and he said heaims to start construction within 18 months. He said he thinks the project could support the city's emerging quantum computing sector.

"It will be a combination of office, academic research, translational labs and quantum computing support, so really space that we'll be building to support the growth and ecosystem within the university," Sweeney said.

Sweeney, whose Philadelphia-based company has completedsimilar projects around the University of Pennsylvaniacampus, compared the opportunity College Park has with quantum computing to thebooming cell and gene therapy industry in Philadelphia. That industrywas inits early stages a decade ago when Brandywine got involved, and Sweeney said because of U Penn's research leadership, Philadelphianow has 88 cell and gene therapy companies employing 56,000 people.

"When we looked at Discovery Point, we saw the same opportunity here," he said. "The vision is what it can be, not what it is. Our job is to translate what it is and how it looks and make sure it's an attractive platform to be really a physical accelerator to the mission of the university and Prince George's County of job creation."

Bisnow/Jon Banister

FSC First's Dawn Medley, Terrapin Development Co.'s Ken Ulman, Cybrary's Ralph Sita, COPT's Dean Lopez, Southern Management's Suzanne Hillman and Velocity Cos.' Brandon Bellamy.

Terrapin Development Co. President Ken Ulman, who previously served as Howard County Executive and unsuccessfully ran forlieutenantgovernor of Maryland before coming back to work oneconomic development around his alma mater, has an ambitious vision for College Park's tech industry.

"When we think about places in this country that are truly thriving, especially with the tech economy, whether it's Silicon Valley or Austin or Boston or the Research Triangle, what do they have in common? They have universities in those communities that understand their role in commercializing technology and producing a workforce," Ulman said.

"The University of Maryland hasn't always played that role," Ulman added. "We're now doing it. The first role is for UMD to reach its full mission and reach its potential to be able to be that full engine."

Ulman, in an email to Bisnow after the event, said he also worked with UMD tolaunchQuantum Start-up Foundry, an accelerator that offers space, resources and equipment to quantum computing companies that emerge out of the university or relocate to College Park.

"Our focus is truly the ecosystem, from training students in quantum to providing the space and resources necessary to access world-class equipment," he said. "It is rare to be at the start of a truly new technology revolution, and when the opportunity emerged, you must seize it and that's what President Pines and the team are doing."

Corporate Office Properties Trust, in partnership with UMD, has builtover 400K SF of office space in the Discovery District and hasat least 1M SF morein the pipeline. COPT Senior Vice President Dean Lopez said the area has receivedstrong leasing demand in the defense, cybersecurity and technology industries.

"The Discovery District has really evolved and continues to evolve into its own micromarket, and the proximity to the university as a big part of that," Lopez said. "What we've found is companies and organizations that land themselves in theDiscovery District, they don't want to leave, and if anything the challenge is keeping them there as they grow."

One of the companies that has grown in the Discovery District is Cybrary, which movedfrom Greenbelt to an 11K SF College Park space in 2019, and then last year expandedto a 26K SF space at COPT's new 4600 River Road building. Cybrary co-founder Ralph Sita said other jurisdictions including Virginia had tried to lure the company away, but it decided to stay in College Park because of the university.

"I've seen the growth, and I've seen what's happening at the University of Maryland, and I knew for Cybrary to attract great talent it was germane to our mission that we were associated with one of the best institutions in the country," Sita said.

Bisnow/Jon Banister

RISE Investment Partners' Brad Frome and Prince George's County Executive Angela Alsobrooks.

Prince George's County Executive Angela Alsobrooks saidthe county has worked with the university and IonQ on the quantum computing lab partnership, and she sees it as a growth engine that could be replicated in other parts of the county.

"The Discovery District is emblematic of what we see all across the county," Alsobrooks said. "There are so many amazing things about the opportunities that are here ... IonQ is just one example, but there are so many other things that are right now literally growing as a result of the relationship, so it only gets better from here."

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'This Is The Beginning Of A New Industry': College Park Looks To Quantum Computing To Spark Office Growth - Bisnow

The National Science Foundation (NSF) today announced a $5 million, two-year award to a University of Maryland-led multi-institutional team to develop quantum interconnectscrucial technology to connect quantum computers and pave the way for a quantum internet.

The team, QuaNeCQT (Quantum Networks to Connect Quantum Technology), has been developing the quantum versions of a modem and a routerfamiliar equipment in the world of standard, or classical computing, but a challenge to build for use with devices that operate based on the principles of quantum.

The devices allow ion trap quantum computersa leading approach to quantum information processing developed in part at the University of Marylandto exchange quantum information over distances measured in kilometers, eventually leading to the development of networks that could revolutionize numerous industries and help solve vexing societal problems.

Quantum networks are at an inflection point with the potential for significant expansion, said Edo Waks, a professor of electrical and computer engineering and associate director of UMDs Quantum Technology Center (QTC). But the scale-up cant happen without standardized modular hardware between the new computers that are emerging and the vast infrastructure of the current internet.

The hardware we are developing will address the critical gap, opening up the door to the future quantum internet that can connect quantum computers over continental distances, said Waks.

Other UMD team members include physics Assistant Professor and QTC Fellow Norbert Linke, and Mid-Atlantic Crossroads (MAX) Executive Director Tripti Sinha, assistant vice president and chief technology officer for UMDs Division of Information Technology. The team also includes Dirk Englund of the Massachusetts Institute of Technology and Saikat Guha of the University of Arizona.

The researchers plan to deploy this new technology in the Mid-Atlantic Region Quantum Internet (MARQI), UMD's regional quantum network footprint. The MARQI network will interconnect quantum computers at UMD, the Army Research Laboratory, MAX and IonQa leading quantum computing company focused on ion-trap computers that operates in UMDs Discovery Districtwith a potential for significant expansion.

During the first phase of research, the team developed working prototypes of the quantum router and modem. Using a process called quantum frequency conversion, the modem converts signals from a quantum computer to infrared photons that can propagate through optical fibers over long distances. The router is powered by a silicon photonic chip that manipulates quantum signals in the network using quantum teleportationan effect demonstrated in 2009 by researchers at UMDs Joint Quantum Institute that allows quantum states to be transferred between particles that are physically separate. The team has deployed these prototypes in the MARQI network and established direct links with the various nodes of the network.

A quantum network could revolutionize numerous industries that take advantage of quantum computing including computing, banking, medicine and data analytics It would also enable connection of many multiple small quantum computers into powerful distributed quantum computers that could potentially solve problems with significant societal impact, from curing diseases to new approaches to fighting climate change.

As quantum technology converges with the Internet, a new technology sector would emerge, the researchers say, bringing with it the potential for major economic growth by producing rapid technological innovation and creating a large number of new jobs for the future quantum workforce, just as the emergence of the Internet did toward the late 20th century.

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$5M NSF Grant to Fund Research on Quantum Internet Foundations - Maryland Today