Quantum Circuits has filed a notice of an exempt offering of securities to raise $27,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Quantum Circuits is raising up to $27,000,000.00 in new funding. Sources indicate that as part of senior management President, Ray Smets played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Quantum Circuits
Quantum Circuits is developing a full-stack quantum computing platform using superconducting devices and a modular, robust, and scalable architecture. Our mission is to build the first truly useful quantum computers. Our novel approach to building quantum computers is based on technology developed over a decade of research at Yale Universitys world-class quantum labs. Our machines have built-in error correction, unique software features that enable lightning-fast algorithm execution, and multiple modes of operation to solve more algorithms than ever, all in one quantum computer.
To learn more about Quantum Circuits, visit http://www.quantumcircuits.com/
Contact:
Ray Smets, President
203-891-6216
https://www.linkedin.com/in/rsmets/
SOURCE: http://www.intelligence360.io
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