HOBOKEN, N.J., July 15, 2025 - Quantum Computing Inc. (“QCi” or the “Company”), an innovative, integrated photonics and quantum optics technology company, today announced that it has secured a purchase order from a Top 5 U.S. Bank for the Company’s quantum communication system, at a purchase value of approximately $332,000. The sale is a key milestone marking the Company’s first U.S. commercial sale of its quantum cybersecurity solutions.

QCi’s quantum communication systems generate, distribute, and detect entangled photons at telecom wavelengths in compact, rack-mountable devices, easy to integrate with current telecom infrastructures. They use time-frequency degrees of freedom to achieve exceptional stability and robustness, and adopt a highly modular design for scalable deployment of quantum communications over existing fiber-optic networks. A single system can implement both quantum encryption and the Company’s globally patented quantum authentication protocols to comprehensively safeguard communications over the internet.

The system will serve as the cornerstone of a secure, air-gapped quantum security testbed within the bank’s newly established Cybersecurity Quantum Optics Lab. The testbed is designed to explore and validate emerging quantum security and communication technologies, including quantum key distribution (QKD), quantum authentication, and quantum random number generation (QRNG) - critical tools in the next generation of secure communications infrastructure.

“This order represents a pivotal commercial validation of QCi’s quantum photonics and hardware capabilities,” said Dr. Yong Meng Sua, CTO at QCi. “As cyber threats grow, the urgency to harden communication systems using quantum principles is clear. We're proud to support one of the nation's preeminent financial institutions as they pioneer these defenses.”

Dr. Pouya Dianat, Chief Revenue Officer of QCi added, “This order from a major financial institution is an important step forward for the broader adoption of quantum technologies in enterprise environments. It underscores the relevance of QCi’s technologies in the cybersecurity space and positions QCi as a key player in quantum-secured infrastructure development for high-impact industries.”

In addition to hardware delivery, the order includes professional services and extended warranty coverage, underscoring the strategic importance of the deployment and QCi’s role as a long-term partner in quantum technology adoption.