QUCY News & Events

Quantum Cyber announced an expansion of its relationship with BP United, the developer of the drone systems underpinning its platform. Under a contract amendment, Quantum Cyber will assume direct responsibility for manufacturing licensed drone products, superseding the previous commercial supply arrangement. BP United will continue to provide technical assistance, and the companies also signed a two-year voting agreement in which BP United committed to vote its shares in favor of board-recommended proposals. "The amendment to our BP United agreement is a direct expression of our commitment to vertical integration," said David Lazar, CEO. "We are not building a licensing company. We are building a manufacturing platform, and taking direct control of production of the drone technology at the core of our portfolio is the logical next step in that build. BP United's technical support, combined with our own manufacturing infrastructure, gives us the supply chain discipline and operational control that a defense platform of this scale requires."

Quantum Cyber announced a strategic initiative to establish a U.S.-based defense-technology manufacturing complex intended to support the production and delivery of autonomous drone and defense systems to end customers across federal government, Homeland Security, local government, and commercial sectors.

Quantum Cyber announced the filing of a provisional patent application with the United States Patent and Trademark Office covering a Coaxial Dual-Propellant Grain Solid Rocket Motor engineered to extend the operational range and mission endurance of unmanned aerial vehicles across defense, border security, and autonomous warfare applications.

Quantum Cyber announced the filing of a provisional patent application with the United States Patent and Trademark Office covering a Coaxial Dual-Propellant Grain Solid Rocket Motor engineered to extend the operational range and mission endurance of unmanned aerial vehicles across defense, border security, and autonomous warfare applications.