Can Rigetti's Chiplet Approach Fast-Track the 1,000-Qubit Milestone?
Rigetti Computing (RGTI) is using a chiplet-driven design strategy to reach 1,000-plus qubits by 2027, moving from 9-qubit to 36-qubit modules to improve scalability and reduce fabrication challenges. This modular approach, with 36-qubit chiplets achieving 99.5% two-qubit gate fidelity, allows for a structured expansion roadmap. The company's stock has outperformed the industry, although it currently holds a Zacks Rank #3 (Hold).
Avoiding Lag: Real-Time Signals in (QUBT) Movement
This article analyzes Quantum Computing Inc. (NASDAQ: QUBT) using AI-generated signals, revealing weak near and mid-term sentiment but a strong long-term outlook. It presents three distinct institutional trading strategies—Position, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss zones. The analysis also provides multi-timeframe signal strengths, support, and resistance levels for QUBT.
Post-Quantum Cryptography Migration Is Now a Trillion-Dollar Imperative
The migration to post-quantum cryptography is highlighted as a trillion-dollar imperative due to the severe economic damage potential of quantum cyberattacks, with federal agencies facing a 2035 deadline. Quantum Secure Encryption Corp. (QSE) is enhancing its Quantum Preparedness Assessment (QPA) platform to aid enterprises in this transition, alongside other industry players like Arqit Quantum Inc., IonQ, Inc., Quantum Computing Inc., and Rigetti Computing, Inc., who are advancing their quantum-safe technologies. The global post-quantum cryptography market is projected to reach $17.69 billion by 2034, signaling significant growth and investment in this critical security domain.
D-Wave CEO shrugs off short attacks with ‘revolutionary’ $550 million quantum computing acquisition
D-Wave CEO Alan Baratz is pushing back against short-seller attacks, highlighting the company's tripling revenue, over 100 paying customers, and a significant $550 million acquisition. Despite skepticism from investors like Kerrisdale Capital about the commercial viability of quantum computing, D-Wave's stock has surged, and Baratz is confident in the company's future, particularly with its latest acquisition of Quantum Circuits. This acquisition aims to tackle a major challenge in quantum computing: reducing error rates in qubits, potentially revolutionizing the industry by achieving efficient error correction with fewer physical qubits.
Is Quantum Computing Stock Going to $0?
Quantum Computing Inc. (QUBT) faces significant financial challenges despite its unique approach to commercializing quantum technology, with a market capitalization of $1.87 billion but less than $550,000 in revenue in the last 12 months. The company frequently uses highly dilutive stock sales to fund operations, raising concerns about shareholder value and sustainability. The author suggests that QUBT stock has a reasonable chance of going to zero or significantly underperforming the market due to its financials and management's unsubstantiated claims.
Quantum Computing Inc. Faces Financial Struggles
Quantum Computing Inc. (QUBT) is facing significant financial difficulties, marked by extremely low revenue despite a high market capitalization and substantial annual spending on R&D. The company has heavily relied on dilutive stock sales for funding and management is criticized for making exaggerated claims about product revenue potential. Analysts express concern about the company's long-term sustainability and believe the stock is likely to underperform.
Quantum computing stocks see elevated bearish bets amid volatility (RGTI:NASDAQ)
Quantum computing stocks experienced a sharp downturn on Thursday, marked by significant losses across the sector due to a broader risk-off sentiment in speculative technology investments. This decline exacerbates a challenging start to the year for most companies in this space. The article also notes a correction made regarding the year-to-date movement for Arqit Quantum.
Does the current sell-off signal the end of quantum companies?
The recent sell-off in quantum computing company stocks does not signify the sector's end, but rather a market correction after speculative optimism. Despite current experimental stages, the industry is witnessing dynamic technological development with stable fundamentals and significant potential for future commercialization, expected in the second half of the next decade. Companies like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. are making substantial progress in R&D, commercial applications, and financial stability, suggesting an attractive long-term investment for patient investors.
Discipline and Rules-Based Execution in QUBT Response
Quantum Computing Inc. (QUBT) is showing weak near and mid-term sentiment, despite a strong long-term positive outlook, with current price positioning lacking clear signals and elevated downside risk. The article presents three AI-generated trading strategies—Position, Momentum Breakout, and Risk Hedging—tailored to different risk profiles. It highlights a strong long-term signal for QUBT, with resistance at $22.29 and support at $15.74, encouraging real-time signal access for institutional-grade analysis.
Quantum computing stocks bounce hard: IonQ, Rigetti, D‑Wave rally as traders reset for a data-heavy week
Quantum computing stocks like IonQ, Rigetti, D-Wave, and Quantum Computing Inc. saw significant gains on Friday, rebounding from previous sharp declines, as the Dow Jones Industrial Average surpassed 50,000. This rally occurred ahead of a data-heavy week featuring postponed U.S. jobs and inflation reports, alongside upcoming earnings from IonQ, which recently faced a short-seller attack regarding its Pentagon contracts. Investors are closely watching these developments and the broader market's risk appetite impacting high-growth tech.
Quantum Computing (QUBT) Completes $110M Acquisition of Luminar Semiconductor
Quantum Computing Inc. (QUBT) has finalized its $110 million all-cash acquisition of Luminar Semiconductor from Luminar Technologies. This strategic move aims to transform QUBT into a vertically integrated provider of photonics and quantum platforms, leveraging both companies' expertise to produce chip-scale, mass-producible quantum hardware. Rosenblatt recently initiated coverage on QUBT with a Buy rating and a $22 price target, citing the company's strong assets in photonics and its favorable risk/reward profile.
Quantum Computing Inc. (NASDAQ:QUBT) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Quantum Computing Inc. (NASDAQ:QUBT) has received a "Moderate Buy" consensus rating from six brokerages, with an average 12-month price target of $18.00. The company's stock shows high volatility with a beta of 3.44 and a negative P/E ratio, and it recently reported quarterly EPS in line with estimates and revenue above estimates. Insider selling by COO Milan Begliarbekov and notable institutional inflows have also been reported.
Quantum Computing acquires Luminar Semiconductor
Quantum Computing Inc. (QCi) has acquired Luminar Semiconductor, Inc. for $110 million in an all-cash deal, enhancing QCi's photonics and quantum technology platform. This acquisition adds capabilities in lasers, detectors, and advanced packaging, supporting U.S.-based manufacturing for aerospace and defense markets. Luminar Semiconductor will operate as a wholly-owned subsidiary, providing QCi with established commercial relationships and strengthening its vertical integration in photonics.
Quantum Computing Inc. Stock (QUBT) Opinions on Luminar Semiconductor Acquisition
The article discusses the mixed reactions to Quantum Computing Inc.'s (QUBT) $110 million acquisition of Luminar Semiconductor, with optimists highlighting the strategic strengthening of its quantum optics platform and potential revenue from defense contracts. Skeptics, however, point to the company's inconsistent history and low current revenues, questioning the viability of its ventures. Insider trading data shows significant sales by executives, while institutional investors show varied activity with some large additions and removals of QUBT shares.
Penserra Capital Management LLC Has $30.16 Million Stake in Quantum Computing Inc. $QUBT
Penserra Capital Management LLC has significantly increased its stake in Quantum Computing Inc. (NASDAQ:QUBT) by 60.7%, now holding 1,638,054 shares valued at $30.16 million, representing approximately 0.73% of the company. Other institutional investors have also boosted their positions in QUBT, though overall institutional ownership remains low at 4.26%. Analyst sentiment is mixed, with a "Moderate Buy" consensus and an $18 price target, while insider ownership stands at 19.3%.
Quantum Computing Completes Acquisition of Luminar Semiconductor
Quantum Computing (QCi) has finalized its acquisition of Luminar Semiconductor for $110 million in cash, aiming to bolster its photonic technologies, patents, and engineering talent. This acquisition is seen as a strategic move to enhance QCi's competitive edge in the quantum computing sector, especially significant after Luminar Technologies filed for bankruptcy. The market reacted positively, with QCi shares rising in premarket trading, reflecting investor confidence in the company's future growth and technological integration within a domestic manufacturing platform.
Quantum Computing Inc. Finalizes $110M Purchase of Luminar Semiconductor Unit
Quantum Computing Inc. (QCi) has completed an all-cash acquisition of Luminar Semiconductor Inc. (LSI) from Luminar Technologies for $110 million. This acquisition integrates LSI's capabilities in lasers, detectors, and advanced packaging with QCi's platform, creating a vertically integrated photonics and quantum technology pipeline. The deal aims to accelerate the development of room-temperature quantum hardware and capitalize on LSI's existing aerospace and defense revenue streams.
Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor, Inc.
Quantum Computing Inc. (QCi) has completed its $110 million all-cash acquisition of Luminar Semiconductor, Inc. (LSI), a subsidiary of Luminar Technologies, Inc. This strategic move aims to strengthen QCi's technology roadmap by integrating LSI's expertise in lasers, detectors, and manufacturing with QCi's quantum optics and integrated photonics, enabling the development of compact, mass-producible quantum systems. The acquisition is expected to provide QCi with end-to-end control of photonic system design and manufacturing, enhance its presence in government and defense markets, and add annual revenue.
Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor to Combine Quantum and Semiconductor Expertise
Quantum Computing Inc. has finalized its acquisition of Luminar Semiconductor, Inc. on February 2, 2026. This acquisition aims to merge Quantum Computing Inc.'s quantum technology expertise with Luminar Semiconductor's semiconductor manufacturing capabilities. The goal is to drive innovation and expand market presence by developing new technologies through their combined strengths.
Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor, Inc.
Quantum Computing Inc. (QCi) has completed the acquisition of Luminar Semiconductor, Inc. (LSI) from Luminar Technologies, Inc. for $110 million. This acquisition is a strategic move for QCi to become a vertically integrated provider of photonics and quantum platforms, enhancing its technology roadmap with LSI's expertise in lasers, detectors, and manufacturing. The integration of LSI's capabilities with QCi's thin-film lithium niobate platform aims to accelerate the development of compact, mass-producible quantum hardware operating at room temperature, while also providing near-term revenue visibility through LSI's existing commercial relationships.
$110M move into room-temperature quantum: QCi buys Luminar’s LSI photonics arm
Quantum Computing Inc. (QCi) has completed its $110 million all-cash acquisition of Luminar Semiconductor, Inc. (LSI), making LSI a wholly owned subsidiary. This strategic move integrates LSI's lasers, detectors, packaging, and manufacturing capabilities with QCi's thin-film lithium niobate platform, aiming to create a vertically integrated photonics-to-quantum product pipeline. The acquisition enhances QCi's domestic manufacturing footprint and provides near-term revenue visibility through existing aerospace, defense, and industrial programs.
Quantum computing stocks: IonQ, Rigetti Computing, D-Wave Quantum slide 7%-9% — what to watch next week
Quantum computing stocks like IonQ, Rigetti Computing, and D-Wave Quantum experienced significant declines of 7-9% on Friday as risk appetite waned at the month's end. IonQ recently issued shares for two acquisitions, as revealed in a U.S. regulatory filing. Next week, market watchers will focus on the Feb. 6 U.S. jobs report and upcoming Big Tech earnings, which are expected to shape the performance of these high-volatility tech stocks.
Quantum computing stocks tumble into weekend: IonQ, Rigetti, D-Wave slide as rate jitters bite
Quantum computing stocks like IonQ, Rigetti, and D-Wave experienced a significant downturn of 7%-9% on Friday, underperforming the broader Nasdaq due to a hotter-than-expected U.S. producer-inflation reading and President Trump's choice for the next Fed chair. Investors are reacting to fresh inflation concerns and shifts in U.S. policy, making these long-duration investments vulnerable to interest rate expectations. The market is also looking towards upcoming events such as a House vote on federal funding and the U.S. jobs report for further catalysts.
How Quantum Computing’s Photonics Push And Revenue Momentum At Quantum Computing (QUBT) Has Changed Its Investment Story
Quantum Computing Inc. (QUBT) is experiencing rapid revenue growth and plans to acquire Luminar Semiconductor's remaining assets to enhance its photonics capabilities, aiming to become an integrated quantum platform. While ambitious revenue projections and an expanding photonics footprint are changing its investment narrative, the company still faces risks related to execution, share dilution, and uncertainty over the dominant quantum technology. Investors are weighing the potential for a short squeeze against a premium valuation and historical losses.
Better Quantum Stock: Rigetti Computing vs. Quantum Computing
This article compares Rigetti Computing (RGTI) and Quantum Computing (QUBT) as investment opportunities in the quantum computing market. While Rigetti is an established producer of quantum chips and systems, QCi develops experimental photonic chips. The author concludes that Rigetti, despite being speculative, is the better buy due to its proven technology and clearer future roadmap compared to QCi's nascent and unproven technology.
Quantum Computing Stock Forecast 2026–2030 | Future Outlook
This article provides a forecast for Quantum Computing Inc. (QUBT) stock for 2026-2030, based on third-party price targets and technical analysis. It highlights that analyst estimates for QUBT's one-year price target range from the mid-teens to low-$20s per share, influenced by factors like execution, funding, and adoption of its photonics-based quantum systems. The company's stock has shown significant volatility, trading around $12 as of January 21, 2026, after substantial gains and pullbacks in 2025.
Here's Why I Wouldn't Touch Quantum Computing Stock With a 10-Foot Pole
The article warns against investing in Quantum Computing Inc. (QUBT) due to its extremely high valuation, significant share dilution over the past three years, and intense competition from other pure-play quantum computing companies and tech giants. Despite its innovative photonics technology, the company generates minimal revenue, making its current market capitalization and price-to-sales ratio difficult to justify. The author highlights the risks associated with its financial strategy and the uncertain future of quantum computing technologies.
Y Intercept Hong Kong Ltd Takes $5.44 Million Position in Quantum Computing Inc. $QUBT
Y Intercept Hong Kong Ltd has acquired a new position in Quantum Computing Inc. (NASDAQ: QUBT), purchasing 295,455 shares valued at approximately $5.44 million, representing 0.13% of the company. Other institutional investors like Geode Capital Management and Penserra Capital Management also increased their stakes. Despite mixed analyst ratings, with a "Moderate Buy" consensus and an $18 average price target, institutional ownership remains modest at 4.26%.
Quantum Computing Edges Toward Real Deployment With Bank Order And NASA Deal
Quantum Computing Inc. (NasdaqCM:QUBT) is making strides in real-world applications with its first U.S. commercial order for quantum cybersecurity solutions from a major bank and a NASA subcontract for LIDAR data applications. The company also activated its photonic chip foundry and is bidding for Luminar Semiconductor's assets to expand its photonics footprint. These developments are positioning QUBT beyond a pure concept, though financial risks like revenue, losses, and shareholder dilution remain.
Quantum Computing Bid For Luminar Tests Quantum Security Growth Story
Quantum Computing Inc. (QUBT) has been selected as the stalking-horse bidder for Luminar Semiconductor's remaining assets, aiming to expand its quantum photonics and optical communication segments. This move follows recent capital raises and the company's first commercial quantum cybersecurity sale, highlighting its focus on quantum hardware and security solutions. Investors should monitor the acquisition's terms and timing, as well as any follow-on commercial contracts, given the company's current unprofitability and recent capital raises.
Rosenblatt Initiates Coverage of Quantum Computing (QUBT) Stock
Rosenblatt initiated coverage of Quantum Computing Inc. (QUBT) stock with a "Buy" rating and a $22 price target, citing the company's quantum assets and fabrication facilities. This follows Quantum Computing's recent move to become the stalking-horse bidder for the remaining assets of Luminar Semiconductor, Inc. The article also suggests that while QUBT shows potential, some AI stocks may offer greater upside with less risk.
Rosenblatt Initiates Coverage of Quantum Computing (QUBT) Stock
Rosenblatt initiated coverage of Quantum Computing Inc. (QUBT) with a "Buy" rating and a $22 price objective, citing the company's quantum assets and fabrication facilities. Separately, QUBT announced it is the stalking-horse bidder for Luminar Semiconductor's remaining assets for approximately $22 million. While acknowledging QUBT's potential, the article suggests other AI stocks may offer higher returns and lower risk.
The Simple Reason Why I Won't Buy Quantum Computing Stocks in 2026
The author is wary of investing in quantum computing stocks in 2026 due to the highly speculative nature of the sector and the lack of understanding among retail investors. Despite impressive gains spurred by the AI boom and Google's Willow quantum chip, the technology is complex and revenue generation remains minimal, suggesting that current high valuations are driven more by speculation and FOMO than by fundamental technological advancements. The article highlights that major tech companies often make significant developments unseen by the retail market, and advises caution until the technology proves disruptive years from now.
QUBT's Key 2025 Milestones Continue to Gain Industry Attention
Quantum Computing Inc. (QUBT) has achieved several significant milestones in the past year, including a subcontract with NASA, commercial progress in quantum AI and cybersecurity, and the completion of its quantum photonic chip foundry. The company was also selected for inclusion in the Russell 3000 and 2000 Indexes. Despite these advancements and a 1.3% stock gain in the past year, QUBT trades at a high forward 12-month Price-to-Sales of 838.18X, significantly above the industry average.
10 Best Quantum Computing Stocks to Buy for 2026
This article lists Quantum Computing Inc. (NASDAQ:QUBT) as one of the best quantum computing stocks to buy for 2026, highlighting analyst coverage initiating a "Buy" rating and a $22 price target. The company's quantum assets and recent stalking-horse bid for Luminar Semiconductor's remaining assets are noted as key developments. Quantum Computing Inc. is described as an integrated photonics company providing quantum machines to commercial and government markets.
Quantum Computing Inc. Stocks Rise Amid Strategic Developments
Quantum Computing Inc.'s stock experienced a significant rise fueled by strategic partnerships, innovative developments, and a positive financial outlook, despite trading down by -8.09% at an intraday look. The company reported mixed earnings with $384,000 in revenue and $10M in expenses, but a net income reflected in diluted EPS of $0.01, and a strong balance sheet indicating resilience. Investors are optimistic about the company's future growth potential and its role in shaping the quantum computing industry.
Does Quantum Computing (QUBT) Have the Scale to Turn Photonics Deals into Durable Revenue?
Quantum Computing Inc. (QUBT) is expanding its quantum and photonics operations through acquisitions and increased manufacturing capacity, aiming to convert these assets into repeatable commercial revenue. Despite a small current sales base and ongoing losses, the company's strategy focuses on bolstering its Fab 1 and Fab 2 photonic-chip manufacturing plans and integrating room-temperature quantum technology. The article suggests that while this aggressive expansion excites investors, it also introduces execution and integration risks, potential dilution, and questions about the stock's valuation, as opinions on its fair value widely diverge among the Simply Wall St Community.
Quantum Computing Inc (QUBT) Shares Gap Down to $12.445 on Jan 2
Quantum Computing Inc (QUBT) shares fell 2.01% on January 20th, reaching an intraday low of $11.88 before closing at $12.45. This places QUBT significantly below its 52-week high but well above its 52-week low. Analyst forecasts suggest an average target price of $16.25, indicating potential upside, although GuruFocus estimates a fair value of $1.15, suggesting a substantial downside based on its GF Value calculation.
Pacific Heights Asset Management LLC Boosts Stock Position in Quantum Computing Inc. $QUBT
Pacific Heights Asset Management LLC significantly increased its stake in Quantum Computing Inc. (NASDAQ:QUBT) by 62.5% in the third quarter, acquiring an additional 250,000 shares to own a total of 650,000 shares valued at approximately $11.97 million. While other funds also grew positions, institutional ownership remains low at 4.26%, with insiders holding 19.3%. Quantum Computing has an average analyst rating of "Moderate Buy" with a consensus price target of $18.00.
QUBT vs. RGTI: Which Quantum Computing Stock Offers Greater Upside?
The article compares Quantum Computing Inc. (QUBT) and Rigetti Computing (RGTI), two key players in the growing quantum computing market. It analyzes their financial performance, strategic advantages like manufacturing capabilities (Fab 1 and Fab 2 for QCi, Fab-1 for Rigetti), and recent contract wins, while also considering analyst estimates and price targets. Ultimately, the article suggests QCi as a buy due to its improving fundamentals and favorable Zacks Rank compared to Rigetti, which is recommended as a hold given its recent share price surge.
Quantum Computing Stocks IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. Served Up a $4.15 Billion Reality Check for Wall Street -- but Are Investors Paying Attention?
Quantum computing stocks like IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc. saw massive gains in 2025, thrilling early investors. However, these companies collectively raised $4.15 billion through dilutive share offerings last year, serving as a reality check for the sector. While quantum computing holds significant promise, these pure-play companies are still in early commercialization stages and face ongoing cash burn and competition from tech giants with vast resources.
Quantum Computing Inc. Secures $22M Stalking Horse Bid For Luminar Assets
Quantum Computing Inc. (QCi) has submitted a $22 million stalking horse bid for select assets of Luminar Technologies, currently undergoing Chapter 11 bankruptcy. This offer aims to enhance QCi's photonics capabilities, integrate Luminar's LiDAR technology for sensing systems, and expand its market presence. The acquisition, following a prior agreement for Luminar Semiconductor, seeks to generate immediate revenue, retain key personnel, and accelerate QCi's roadmap in quantum sensing and photonic AI.
IonQ, Rigetti and QUBT move: what’s driving quantum computing stocks into next week
Quantum computing stocks like IonQ, Rigetti, and QUBT saw movement after Rosenblatt Securities initiated "Buy" ratings on Rigetti and Quantum Computing Inc. Despite skepticism regarding timelines and revenue, the sector reacts sharply to technical breakthroughs and funding news. Investors are cautioned about potential downsides like delays and capital demands, especially with a holiday-shortened trading week ahead.
How QUBT's Fab Strategy Could Unlock Commercial-Scale Quantum Adoption
Quantum Computing Inc. (QUBT) is implementing a two-phase manufacturing strategy with Fab 1 focusing on early production and Fab 2 planned for high-volume commercialization, aiming to gain a competitive edge over peers reliant on third-party manufacturing. This strategy involves scaling its workforce and is contrasted with peers like D-Wave Quantum (QBTS) and Rigetti Computing (RGTI), which are also addressing their respective manufacturing and commercialization challenges. Despite underperforming the S&P 500, QUBT holds a "Buy" rating from Zacks.
Rosenblatt Initiates Coverage On QUBT with a 'Buy' Rating and $22 Price Target
Rosenblatt has initiated coverage on Quantum Computing (QUBT) with a "Buy" rating and a price target of $22, driven by analyst John McPeake's positive outlook. This new rating contrasts with other recent analyst views, which range from "Buy" to "Neutral" with varying price targets. Despite an average target price of $16.25 from four analysts suggesting a 29.90% upside, GuruFocus estimates a significant downside based on its GF Value of $1.15.
Quantum Computing initiated with a Buy at Rosenblatt
Rosenblatt initiated coverage of Quantum Computing (QUBT) with a Buy rating and a $22 price target, citing the company's "legitimate" quantum assets across photonics, compute, security, and sensing. The analyst highlighted Quantum Computing's burgeoning thin film lithium niobate fabs as a potential supply source for integrated quantum photonics and other optical needs. Rosenblatt views the risk/reward favorably, anticipating an immediate opportunity for participation in the quantum computing sector.
This Quantum Computing Stock Is Beginning To Heat Up Amid 'Stalking Horse Bid,' Bullish Analyst Consensus: Momentum Score Surges
Quantum Computing Inc. (NASDAQ: QUBT) is gaining investor attention due to its role as a "stalking horse" bidder for certain assets of Luminar Technologies in its Chapter 11 process. This strategic move, which includes acquiring LiDAR and photonics capabilities for $22 million, aligns with Quantum's focus on integrated photonics and quantum optics. The company's Momentum score has significantly risen, and analysts maintain a bullish consensus with a $17 price target, suggesting a 45.42% upside.
Wall Street Analysts Predict a 40.38% Upside in Quantum Computing Inc. (QUBT): Here's What You Should Know
Wall Street analysts project a 40.38% upside for Quantum Computing Inc. (QUBT), with a mean price target of $17. Despite the potential for misleading information in price targets, strong agreement among analysts on earnings estimate revisions and a Zacks Rank #2 (Buy) suggest a positive outlook for the stock. Investors are advised to use price targets as a starting point for further research rather than the sole basis for investment decisions.
Quantum Computing Inc. Advances Commercial Platform Strategy with Stalking Horse Bid for Luminar's LiDAR Business
Quantum Computing Inc. (QCi) has been selected as the stalking horse bidder for selected assets of Luminar Technologies, Inc. This approximately $22 million bid, subject to court approval and auction process, follows QCi's agreement to acquire Luminar Semiconductor, Inc. The acquisition aims to expand QCi's photonics capabilities, integrate Luminar's LiDAR hardware and software, and accelerate QCi's commercialization of advanced photonic platforms, contributing immediate revenue and strengthening its position in quantum sensing and related technologies.
Luminar lines up $22 million bidder for its lidar business
Luminar, facing Chapter 11 bankruptcy, has secured a $22 million stalking horse bid from Quantum Computing Inc. for its lidar business. This deal is contingent on approval from a bankruptcy judge and a deadline for better offers by Monday, January 12th at 5:00 p.m. CT. Former CEO Austin Russell has shown interest in bidding for the assets, amid an ongoing subpoena for information related to his departure.
