q2 2020 investor presentation - quantum computing inc · we are building the software foundation...
TRANSCRIPT
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Quantum-ready applications.
Q2 2020 Investor Presentation
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Why Quantum Computing?Quantum-Enabled Software
Quantum computers catalyze a revolution in technology.
Industry giants like IBM, Microsoft, Google, and Amazon are investing now.The governments of China, the US, and EMEA countries are investing now.
It will be years until quantum hardware shows real business advantage, but the marketplace demands/expects near-term benefits.
Just as software and apps were the key to the smartphone revolution, quantum software and end-user apps will be the keys to the quantum revolution.
Quantum Computing Inc. has built a quantum software development platform and quantum-enabled applications that deliver business value today.
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Current | Classical Systems
+5 Years
• Performance advantage for some real-world applications• More robust and broader set of
quantum application-development tools• Some quantum applications for
business, national defense, and other domains• Broadly accessible over the cloud
Quantum-Enabled Software
• Provide quantum-enabled apps that solve high value optimization problems• Enable users to start on the path to
quantum app development with QCI quantum application development platform• Runs today on GPUs/CPUs and early
quantum systems
+10 Years
• “True” Quantum Computers capable of executing algorithms such as Shor’s (prime factorization) and Grover’s (search)• Technology mature enough to sustain a
broad ecosystem of applications• Quantum performance advantage for
many applications
Business OpportunityForward Compat ib le
• General purpose, can be readily used for most applications and problems• Quickly approaching limits of
Moore’s law• Incapable of solving many high
value, highly complex computing problems• Broadly accessible over the cloud
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Quantum-enabled software that delivers business value today and will solve some of the most important and complex computing problems in finance, national defense, and industry.
We have revenue-generating opportunities and opportunities for strategic partnerships with government agencies, businesses, and national labs.
The market for our products is forecasted to be $10 Billion by
2024, potentially growing to $50 Billion by 2030.
Breakthrough Technology
Near-Term RevenueWorld Class Team
Large Addressable Market
There are only a handful of quantum software experts in
the world, and our CTO and VP Product are among them. Our
business leaders have built highly successful companies from the ground up and had
strong exits.
Quantum Computing Inc Investment Highlights
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Vastly reduced energy loss through optimized routing, design, and new materials.
Energy
Accelerated detection of fraud and bad actors, bolstered cyber-and national security.
Federal, State, and Municipal Government
Optimized transportation routing and planning for dynamic and emergency situations.
Transportation
Faster and improved portfolio optimization, risk modeling, and derivatives
creation.
Finance
Improved chemistry simulations to discover novel useful materials.
Material Sciences
Improved Clinical Trial Design, drug discovery, and
epidemiological modeling.
Healthcare
A Multi-Bill ion Market OpportunityBroad Appl icabi l i ty
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Forward CompatibleOur software runs on classical systems today, but is ready to run on quantum systems as they scale and demonstrate performance advantage
Platform-Agnostic SoftwareWe are building the software foundation for quantum applications development, and a set of high-value applications where we and our partners have demonstrable expertise
Broad Target Market
Market-Scalable Infrastructure
Our application are designed for use in a broadrange of markets.
Our PlatformQuantum-Ready
We have identified target markets for which our software could solve high value problems: optimization, finance, healthcare, and US government.
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Ap
plic
atio
nsC
omp
uter
H
ard
wa
re
QBSolv
Quantum Asset Allocator
App
Other Applications
Community Detection
App
Mid
dle
wa
re -
Muk
ai
Fintech Pharma - Healthcare Cyber Security - AI
QNX
CPU Annealing QPU
Gate-Based QPU
Other Components
We have revenue-generating opportunities and opportunities for strategic partnerships with government agencies, businesses, and national labs.
Applications
Our environment for enabling performance from both classical and near-and future-term quantum computers.
Middleware Platform - Mukai
Our future-enabled applications leverage future advancements in computing power.
Computer Hardware
Quantum-Enabled SoftwarePowerfu l P lat form
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Current Market OpportunitiesAppl icat ion Port fo l io
Application MarketsTotal
Addressable Market
Near-termRevenue
OpportunityLaunch Date
Mukai – Optimization Cloud or Onsite Deployment
Advertising/Marketing, Aerospace/Defense, Biotech, Chemical/Utilities, Materials, Supply Chain, Transportation
$10 Billion+ $5 M/Year
$25,000/User x 200
Q1 2020 – Beta LaunchQ2 2020 - Commercial
QAA – Asset AllocationCloud or Onsite Deployment
Portfolio Optimization, Risk Management
$1.5 Billion+ $2.5 M/Year
$50,000/User x 50
Q1 2020 – Beta LaunchQ2 2020 - Commercial
Community Detection Application
Advertising, Healthcare, Government
$10 Billion+ N/A TBA
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Mukai – Quantum-Enabled Optimization Platform
QBSolvMuk
ai
QNX Other Components
Mukai can be used to solve extremely complex optimization problems, which are at the heart of some of the most difficult computing challenges in industry and government.
Its software stack enables developers to create and execute quantum-ready applications on classical computers, while being ready to run on quantum computers when those systems can achieve performance advantage. QCI has already demonstrated superior performance today for some applications built on Mukai running on classical computers. This will be offered on AWS as a SaaS model charging by time increments (hours) or by license cost if run on premises.
Cloud Deployment
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Mukai – Competitive LandscapePowerfu l Middleware
Application Company Users Yearly Pricing Quantum Enabled?
SAS VIYA ~1,800 $10,000+ N
Artelys Knitro ~500 $4,000+ N
CPLEX 2,500+ $9,500+ N
Gurobi 2,400 $10,000+ N
Mukai In Beta TBD Y
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Quantum Asset Allocator ApplicationFirst Appl icat ion
• Provides small-and medium-sized funds the ability to optimize asset allocation, previously the province of large firms and funds• Quickly returns optimal or near-optimal interactive solutions
and analyses of financial asset allocation problems, leading to unprecedented insight• Has demonstrated superior portfolio performance using
quantum-enabled techniques on both classical and current quantum computing hardware • First beta client is a $600m AUM hedge fund - testing QAA
to optimize its portfolio against expected returns
Mutual Funds and Hedge Funds in US17,000
Annual cost per user$50,000
Yearly Revenue Opportunity$100 Million
Immediately addressable Funds2000
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Community Detection ApplicationAppl icat ion Deve lopment
Community detection is a broadly useful technique across domains and is believed to be well suited for approaches leveraging quantum computing methodologies.
This is being implemented as an underlying kernel in the Mukai stack used by applications for use across multiple industries and government.
Social Network Analysis for accurate market segmentation and targeting.
Marketing
Improved epidemiology models for epidemics.
Cohort segmentation and analysis for improved clinical trial design.
Healthcare
Improved anomaly detection for earlier criminal activity, fraud and bot detection.
Government
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Strategic Business DevelopmentQuantum Opportunit ies
• Active member of Quantum Economic Development – Consortium (QED-C)• Access to companies wanting to develop and
adopt quantum technologies. Led to important business development intros to banking, pharma, and consulting firms with investment and sales potential• Validates QCI as market player and builds brand
and reputation• Pursuing various cloud service providers for inclusion
of Mukai on respective marketplaces• Partnerships with Commercial Companies looking to
develop a quantum strategy:• Splunk (Network Analysis and Cyber Security) –
TAP• Japanese Technology Firm – Marketing and Sales
to Japanese Companies• Large Business Consulting Firm – looking to
provide customers with quantum solutions• Large Industrial Firm – Optimization Solutions
Near-Term Revenue Opportunities
U.S. Government Other Sales
• Pursuing various DoD & DOE Research Lab Contract Opportunities
• Supporting COVID-19 Analytic Efforts with Community Detection for Federal, State, and Local agencies.
• Large Industrial Company– Job Shop Scheduling
• Japanese Entity – Mukai Software as a Service
• Train scheduling• Mid-Tier Hedge Funds
Names removed from companies/entities/fund for confidentiality
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Application/Clients (# of Engagements)
Projected Total Revenue (000’s) Anticipated Timing Current Status
QAA (4) 200 Q3-Q4 Contingent on current beta tests
Mukai (6) 250 Q3-Q4 Performance tests in progress
Community Detection (2) 150 Q3-Q4 In discussions with
interested parties
Government Contracts/R&D (3) 2,000 Q2-Q4 Documentation
submitted
Consulting 200 Q3/Q4 Agreement in negotiation
Commercial (2) 400 Q3/Q4 Cybersecurity use exploration
2020 Pipeline (as of Q1/2020)
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Share Structure (February 26, 2020)
Shares Outstanding 7,432,046
Warrants 1,125,000
Options 780,000
Shares from Convertible Notes 4,742,330
Fully Diluted Shares 14,079,376
Cash from full exercise of Options/Warrants $4,889,750.00
Corporate Highlights
January 2020 Second Product Launch Mukai Middleware Software
December 2019 First Product Launch Quantum Asset Allocator
October 2019 S1 Filed
October 2019Admitted as a member of the US National Quantum Initiative - Quantum Economic Development Consortium (QED-C)
September 2019 Uplist to OTCQB
November 2018 Completion of first financing of $4.5m
June 2018 Corporate Name/Ticker Change to Quantum Computing – OTC: QUBT
Stock Information
Listing OTCQB
Symbol QUBT
52-Week Stock Range $1.68 - $7.50
Average Daily Volume (30 Day) 39,066
Financial Highlights
*Numbers as of 2/26/2020 and will not be updated regularly by Quantum Computing Inc.
1 Year Chart
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Management Team
Robert Liscouski President & CEO
Chris Roberts CFO
Michael Booth CTO
Steve Reinhardt VP, Product Development
Mark Wainger Director, App Development
Advisory Team
Yury Geyman Former Managing Director at Blackrock (Portfolio Management, Office of Fixed Income CIO).
Richard Schaeffer, Jr. Former Senior Executive at the National Security Agency (NSA).
Dr. Faisal Shah Khan Principal Investigator at the Center on Cyber-physical Systems, Khalifa University. Ph.D. Mathematical Sciences
Dr. Michael Liebman Professor Pharmacology and Physiology, Drexel College of Medicine, Consultant to Pharma Industry
Dr. Marco Lanzagorta Research Physicist at Naval Research Laboratory. Ph.D. in Physics from Oxford University
Dr. Nick Chancellor
Ph.D. Physics; research interests are quantum annealing, hybrid quantum classical computing, and applied algorithms for quantum computing. Research and Teaching Fellow in the Department of Physics at Durham University
Board of Directors
Robert Liscouski Chairman
Chris Roberts Director
Bertrand Velge Director
Justin Schreiber Director
We have assembled a world-class team of subject matter experts with over a century of experience in quantum
computing, pharma, fintech and security.
Management | Board | Advisors
