Quantum Research Sciences Secures a U.S. Air Force STTR Phase III $2.5 Million Contract for Quantum Software that Helps to Manage Supply Chains
Quantum Research Sciences (QRS) has been awarded a $2.5 million, three-year Phase III Small Business Technology Transfer (STTR) contract from the U.S. Air Force. QRS employed quantum computers to enhance supply chain inventory management, predicting demand for military inventory with a 28% improvement in accuracy. The software provides comprehensive inventory management solutions and is adaptable across the Department of Defense. QRS's collaboration with the U.S. Air Force has evolved from design to prototype development, culminating in real-world production.
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FAQ: Quantum Research Sciences Secures a U.S. Air Force STTR Phase III $2.5 Million Contract for Quantum Software
Q: What is the significance of the contract awarded to Quantum Research Sciences?
A: The contract awarded to Quantum Research Sciences is significant as it represents the first Phase III Small Business Technology Transfer (STTR) contract from the U.S. Air Force for the delivery of quantum computing technology. It underscores the company's dedicated effort to develop quantum software that enhances supply chain management.
Q: How much is the Phase III contract worth?
A: The Phase III STTR contract awarded to Quantum Research Sciences by the U.S. Air Force is valued at $2.5 million.
Q: What is the duration of the Phase III contract?
A: The contract is a three-year agreement.
Q: What will Quantum Research Sciences deliver with the STTR Phase III contract?
A: Quantum Research Sciences will deliver quantum software designed to help manage supply chains. This software has been developed under the U.S. Air Force's guidance in prior phases and will now be delivered in a more advanced and operational form.
Q: Is Quantum Research Sciences associated with any academic institutions?
A: Yes, Quantum Research Sciences is connected to Purdue University. The research and developmental ties to the university have likely contributed to the company’s innovative approach to quantum software development.
Q: Has Quantum Research Sciences received other contracts or funding from the U.S. Government?
A: The current Phase III contract suggests that Quantum Research Sciences previously engaged in the Phase I and Phase II STTR contracts, under which the initial software design and prototype were likely developed.
Q: What is the primary application of the software developed by Quantum Research Sciences?
A: The primary application of the software developed by Quantum Research Sciences is to improve the management of supply chains for the U.S. Air Force. The quantum software aims to tackle complex logistical challenges by leveraging the advanced capabilities of quantum computing.
Q: What are the earlier phases of the STTR program?
A: The STTR program typically includes Phase I, where feasibility is demonstrated; Phase II, where a prototype is developed; and Phase III, where the commercialization of the technology occurs. In Quantum Research Sciences' case, they have now transitioned to Phase III for commercial deployment.
Q: Can other companies or government agencies also benefit from this technology?
A: While the contract is specifically for the U.S. Air Force, quantum computing advances in supply chain management developed by Quantum Research Sciences could potentially be adapted for use by other government agencies or private sector companies facing similar logistical complexities.
Q: Where can I learn more about the U.S. Air Force's interest in quantum information science programs?
A: To learn more about the interest of the U.S. Air Force in quantum information science programs, you can visit the website of the National Security Innovation Network (https://www.nsin.mil/events/virtual-quantum-collider/), where information about relevant programs and activities is provided.