QCi mid-year update: first US TFLN fab on track for Q4; new Dirac-3 and Reservoir computing platforms; auditor replaced

Quantum Computing Inc.

TFLN fabrication facility in Tempe, AZ on schedule for 4Q24; first U.S.-based TFLN foundry.
Launched Dirac-3 entropy quantum computer ($300K) and Reservoir Computing platform; new LiDAR remote sensing platform.
Appointed Richard Nelson SVP Business Development and Pouya Dianet Director of TFLN Optical Chip Sales.
Terminated auditor BF Borgers CPC PC after SEC sanction; appointed BPM LLP; expects SEC filing compliance in August.
Signed LOI with Comtech Telecom for TFLN chips; submitted DOE loan application; received four NASA research grants.

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