Quantum Research Sciences Secures a U.S. Air Force STTR Phase III Contract for Quantum Software that Helps to Manage Supply Chains

Quantum Research Sciences (QRS) has won a $2.5 million, three-year Phase III STTR contract from the U.S. Air Force, making it the Department of Defense's first operational quantum computing software. QRS used quantum computers to improve supply chain inventory management, resulting in a 28% boost in accuracy compared to classical computing. The software provides quantity estimates, precise timing, and logistics information to address inventory forecasting challenges. CEO Ethan Krimins highlighted the collaborative effort with the Air Force, with the software's adaptability enabling broader utilization across the Department of Defense.

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Frequently Asked Questions

FAQ #1: What has Quantum Research Sciences achieved recently with the U.S. Air Force?

Answer: Quantum Research Sciences has received the U.S. Air Force's first-ever Quantum Computing Phase III Small Business Technology Transfer (STTR) contract.

FAQ #2: What is the purpose of the Quantum Computing Phase III STTR contract awarded to Quantum Research Sciences?

Answer: The contract is for the delivery of quantum software designed to help manage supply chains.

FAQ #3: How long is the Quantum Computing Phase III contract awarded to Quantum Research Sciences?

Answer: It is a three-year contract.

FAQ #4: Who awarded the Quantum Computing Phase III STTR contract to Quantum Research Sciences?

Answer: The contract was awarded by the U.S. Air Force.

FAQ #5: What is the Phase III contract based on or related to in terms of previous work?

Answer: The Phase III contract is likely an extension and expansion of work begun under earlier phases of the STTR program, as indicated by mentions of a Phase I STTR software design and a prototype created using Phase II funding.

FAQ #6: How much funding is associated with Quantum Research Sciences' Phase III STTR contract for supply chain management software?

Answer: One of the provided links mentions that Quantum Research Sciences will use a $2.5 million contract to deliver the supply chain management software.

FAQ #7: How does Quantum Research Sciences' connection to Purdue University relate to the Phase III contract?

Answer: Quantum Research Sciences is associated with Purdue University, and the achievement is noted as a success connected to both the university and the company itself. The specifics of Purdue's involvement aren't detailed in the provided information.

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