Quantum Cyber N.V. (NASDAQ:QUCY) stock rose on Monday after the company formed Quantum Drones Corporation, a wholly owned Nevada-incorporated subsidiary.

Quantum Cyber Unveils ‘Quantum Drones’

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The new subsidiary will focus on U.S. defense technology programs and opportunities in autonomous defense systems.

Quantum Cyber said the unit will pursue government procurement opportunities tied to the Trump Administration’s defense modernization priorities.