Quantum Computing Inc QUBT Shares are trading higher on Tuesday after the company announced it won a major contract from NASA for imaging and data processing support.

What happened: Quantum Computing announced that it has received a contract from NASA’s Goddard Space Flight Center to deploy its Dirac-3 entropy quantum optimization engine to support NASA’s advanced imaging and data processing needs.

Under the contract, Dirac-3 will be used specifically to address a challenging phase deconvolution problem to optimally reconstruct images and extract information from interferometric data generated by radar. Quantum Computing’s efforts are intended to help improve NASA’s data quality and accuracy.

“QCi is proud to support NASA in this important mission to process large amounts of interferometric imagery data more efficiently,” said William McGannCEO of Quantum Computing.

“The goal of the project is to demonstrate how QCi’s Dirac-3 can solve the phase unfolding problem and to allow NASA to compare the results and benefits of QCi’s quantum optimization technology with state-of-the-art algorithms running on classical computers be carried out.”

According to Quantum Computing, the agreement underscores the company’s commitment to advancing quantum and photonic technologies to address complex optimization and computing challenges. The company believes that if successful, the deal could pave the way for similar applications in other areas where quantum solutions offer advantages.

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QUBT price promotion: According to Benzinga Pro, shares of Quantum Computing were up 37.4% at $15.29 at the time of publication.

Photo: courtesy of Nvidia.