Virginia-based Quantum Computing Inc. (QCI) has started trading its common shares on the Nasdaq capital market under the ticker symbol “QUBT”, effective from July 15, 2021. The company is already traded on the over-the-counter (OTCQB) market under the symbol “QUBT” and this new listing makes QCI one of the few pure-play quantum software companies on the Nasdaq.

The company says this up-listing will promote its position in the quantum computing industry, broaden the visibility of the company and its flagship Qatalyst platform to potential investors, and improve liquidity and transparency for its existing shareholders.

Two other quantum computing companies are also slated to go public soon: IonQ - via a special purpose acquisition company (SPAC) deal; and the combined entity from the Honeywell-Cambridge Quantum Computing merger.

Founded in 2018, Quantum Computing Inc. offers cloud-based quantum software solutions with ready-to-run software for complex optimization calculations, through its flagship product Qatalyst. QCI does not follow a software development kit (SDK) approach as it aims to enable subject matter experts (SMEs) with no quantum programming knowledge to use the platform. It also removes vendor locks for low-level coding, enabling users to choose from multiple Quantum Processing Units (QPUs) and customize.