Quantum Computing Inc. reported revenue of $9.5 million in the third quarter of 2026, compared with $5.55 million in the previous quarter and $384,000 a year earlier. The increase was driven notably by the acquisitions of Luminar Semiconductors, NuCrypt and NHanced, which brought in customers in the aerospace, government and industrial sectors. The company nevertheless recorded a net loss of $15.15 million, largely due to acquisition integration, hiring and commercialization costs. Its Dirac-3S optimization system, capable of handling up to 9,980 variables, is expected to reach its first customers in the fourth quarter of 2026, while the contract backlog stands at $39.1 million. The company also plans to invest $70 million to $80 million in expanding its NHanced Fab 2 manufacturing facility, with completion targeted for March 2027.
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