Shares of Quantum Computing Inc. (QUBT) surged 5.14% in pre-market trading on Monday, following the company's announcement of its participation in the European Conference on Optical Communication (ECOC) 2025. The stock's upward momentum is largely attributed to the company's plans to showcase its new Quantum Secure Solution at the prestigious event.

The Quantum Secure Solution, described as a high-dimensional time-energy-based quantum secure network, is designed to protect sensitive data against current and future cyber threats. This innovative technology has caught the attention of investors, who see potential for Quantum Computing Inc. to capitalize on the growing demand for advanced cybersecurity solutions in the quantum computing era.

The positive reaction to this news comes amid a broader industry context where quantum computing is gaining traction. A recent report from Bank of America projects the quantum computing market to grow from around $300 million last year to $4 billion by 2030, highlighting the significant growth potential in this sector. While challenges in scaling quantum technology remain, Quantum Computing Inc.'s focus on security applications appears to be resonating with investors looking for near-term practical applications of quantum technology.