By Elias Schisgall

Shares of Quantum Computing rose after the company said it would supply photonic reservoir computers to Planck Dynamics for its next-generation artificial-intelligence tools.

Shares were up 5.3% to $10.29 as of midday Thursday. The stock is roughly flat year-to-date.

The quantum optics and photonics company said Thursday that Planck Dynamics had placed an initial purchase order for five of its NeuraWave photonic reservoir computer systems, with delivery expected this year.

The companies also signed a framework agreement under which Planck Dynamics may make additional purchase orders based in specific program milestones. The agreement represents a potential aggregate program value of more than $10 million, Quantum Computing said.

"We believe photonic reservoir computing represents an important new computing architecture for AI workloads that must operate at the edge, where data are generated," said the company's chief technology officer, Yong Meng Sua. "With NeuraWave, we're giving organizations a highly differentiated path to deploy real-time intelligence for temporal AI and time-series applications, without dependence on centralized compute infrastructure."

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

June 18, 2026 12:44 ET (16:44 GMT)

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