Quantum Computing Inc. Completes NHanced Semiconductors Acquisition Quantum Computing Inc. Completes NHanced Semiconductors Acquisition

Insider Brief

Quantum Computing Inc. (QCi) has completed its acquisition of NHanced Semiconductors in a deal valued at $73.1 million upfront, with up to an additional $72 million tied to performance milestones.

The acquisition adds semiconductor fabrication, advanced packaging, nanophotonics manufacturing, and engineering capabilities to support QCi’s commercialization and production roadmap.

NHanced will operate as a wholly owned subsidiary of QCi, supporting existing customers while helping expand QCi’s manufacturing capacity for quantum and photonic technologies.

PRESS RELEASE — Quantum Computing Inc. (“QCi” or the “Company”) (Nasdaq: QUBT), an innovative, quantum optics and integrated photonics technology company, today announced the completion of acquiring NHanced Semiconductors, Inc. (“NHanced”), for a combination of cash and QCi stock valued at $73.1 million, subject to customary adjustments, and up to an additional $72.0 million if certain performance targets are achieved (the “Transaction”).