QUCY News & Events

Welcome to the latest edition of "Quantum Leap" where The Fly decodes news and activity in the quantum computing space.QUANTUM SPACE ORBITAL CLOUD:Sealsqand WISeSat.Space will partner to develop and operate the world's first commercial Quantum Spatial Orbital Cloud, or QSOC. The program plans to deploy a 100-satellite constellation delivering quantum key distribution, quantum random number generation and post-quantum identity services as a subscription offering to enterprises and governments worldwide. The program plans to deploy satellites incrementally from 2024 through full operational capability in 2033. At full operational capacity, WISeSat is expected to operate a dedicated QSOC constellation for Sealsq, and Sealsq is expected to deliver a contractually guaranteed 99.9% uptime service-level agreement to its customers. This project, which is subject to, amongst other requirements, final approval by the board of directors of Sealsq, is believed to be the first such commitment ever made for a quantum security service.NATIONAL CYBER SECURITY STRATEGY:Quantum Cyberannounced a strategic update in response to the Trump Administration's newly released National Cybersecurity Strategy, outlining the company's positioning within the quantum and cyber defense landscape. The company said, "Quantum Cyber views the White House's strategy as a direct validation of the Company's core business thesis. The convergence of quantum computing and cybersecurity — two domains at the center of the Trump Administration's framework — represents one of the most significant growth opportunities in the technology sector over the coming decade. The Company believes its name, focus, and developing capabilities place it at the intersection of both priority areas identified by the federal government. Building on the momentum of the Trump Administration's cybersecurity framework, Quantum Cyber's management team is actively evaluating a pipeline of strategic acquisition candidates operating in quantum computing, post-quantum cryptography, zero-trust network architecture, and adjacent cybersecurity disciplines. The Company believes that a targeted acquisition strategy will accelerate its ability to build an operationally active platform with measurable revenue potential in sectors directly aligned with U.S. national security priorities. The Company is currently conducting preliminary due diligence on several opportunities and is engaged in discussions with potential targets."REGISTERED DIRECT OFFERING:Sealsq has entered into a securities purchase agreement with several institutional investors to purchase 30,413,630 ordinary shares and accompanying warrants to purchase up to 60,827,260 ordinary shares priced at-the-market under Nasdaq rules. The combined purchase price per ordinary share and accompanying warrants was $4.11. The warrants will have an exercise price of $5.50 per ordinary share, will be immediately exercisable, and will expire seven years following the date of issuance. Gross proceeds for the offering are expected to be approximately $125M, before deducting commissions and offering expenses. The offering will be led by an affiliate of Heights Capital Management. Maxim Group is acting as the sole placement agent for the offering. The offering is expected to close on or about March 17, subject to the satisfaction of customary closing conditions.100 PHYSICAL QUBITS:Infleqtionhas delivered the UK's only operational 100-physical-qubit quantum computing system at the National Quantum Computing Centre with its Sqale platform, achieving a milestone the NQCC identified as "a critical objective" for the UK's quantum strategy. Achieved in December 2025, the milestone creates infrastructure that will enable researchers and industry to begin working with large-scale quantum systems. "This is a defining moment for Infleqtion and the UK's ambition to build world-class sovereign quantum capabilities. Achieving this milestone has been a key goal for the UK's quantum efforts and seeing it become reality is something we are all immensely proud of," said Colin Sullivan, managing director of Infleqtion UK. "We look forward to expanding our partnership with UK researchers, businesses and government to unlock the full potential of quantum technology."PQC IN DRONES:Sealsq and Parrot SA announced the expansion of their strategic collaboration to integrate post-quantum cryptography, or PQC, technologies from Sealsq into Parrot's next generation of professional drones. Carlos Moreira, chairman and CEO of Sealsq, said: "Drones are becoming essential tools for governments, defense, public safety, and industrial operations worldwide. Having contributed to build the security foundation of Parrot's ANAFI USA and ANAFI Ai platforms, we are proud to take our partnership to the next level by integrating post-quantum cryptography directly into Parrot's next drone generation. With frameworks like CNSA 2.0 now setting binding PQC migration timelines for national security systems, being quantum-ready is no longer optional for platforms serving government and defense customers, it is a requirement. Our collaboration with Parrot demonstrates the importance of embedding quantum-resistant security at the semiconductor level to protect critical autonomous systems and ensure their long-term regulatory compliance."FAULT TOLERANT:IQM Quantum Computers and Zurich Instruments announced a joint project to build and operate a real-time quantum error correction demonstrator, enabled by the NvidiaNVQLink platform. The company believes this project marks a significant milestone toward scalable and fault-tolerant quantum computing designed for enterprise and datacenter deployment. "Quantum processors and supercomputing are converging and together are expanding the scope of problems we can approach with computing," said Tim Costa, Vice President and General Manager for Quantum, NVIDIA. "The connectivity needed between quantum processors and accelerated computing is demanding, but IQM and Zurich Instruments' work with the NVIDIA NVQLink platform demonstrates that such low latency, high throughput integrations are now possible."CYBERSECURITY RISKS:Sealsq also announced that its CEO, Carlos Moreira, participated in the Cantor Quantum Security Event in New York, where experts, investors, and technology leaders gathered to discuss the growing cybersecurity risks posed by the emergence of quantum computing. During a roundtable discussion focused on the future of cryptographic protection in the quantum era, Moreira emphasized the need for organizations to begin transitioning to post-quantum cryptography to safeguard sensitive data and critical infrastructure. "Organizations should begin deploying post-quantum protection as soon as possible," said Moreira. "The strategic answer is not to predict Q-Day perfectly; it is to remove quantum-vulnerable cryptography from high-value systems before the prediction matters."REFERENCE ARCITECTURE:IBMunveiled the industry's first published quantum-centric supercomputing reference architecture, a new blueprint for integrating quantum computing into modern supercomputing environments. The architecture shows how quantum processors can work alongside GPUs and CPUs-across on-premises systems, research centers, and the cloud-in order to tackle scientific challenges that no single computing approach can solve on its own. "More than four decades ago, Richard Feynman envisioned computers that could simulate quantum physics," said Jay Gambetta, director of IBM Research and IBM Fellow. "At IBM, we've spent years turning that vision into reality. Today's quantum processors are beginning to tackle the hardest parts of scientific problems-those governed by quantum mechanics in chemistry. The future lies in quantum-centric supercomputing, where quantum processors work together with classical high-performance computing to solve problems that were previously out of reach. IBM is building the technology and systems that brings this future of computing into reality today."

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.JONES ACT:President Donald Trump has issued a short-term waiver of the Jones Act, authorizing foreign-flagged vessels to transport a range of commodities between U.S. ports for the next 60 days. "President Trump's decision to issue a 60-day Jones Act waiver is just another step to mitigate the short-term disruptions to the oil market as the U.S. military continues meeting the objectives of Operation Epic Fury. The Administration remains committed to continuing to strengthen our critical supply chains," White House Press Secretary Karoline Leavitt stated.QUARTERLY REPORTING:The Securities and Exchange Commission is preparing a proposal to eliminate the quarterly earnings report requirement and instead give companies the option to share results twice a year, people familiar with the matterThe Wall Street Journal's Corrie Driebusch, adding that the regulator could publish the proposal as soon as next month.TRUMPRX:President Trump and top federal health officials have repeatedly claimed that their new website, TrumpRx, offers Americans the world's lowest prices on prescription drugs, but that is not true, according to a review by The New York Times and the German news organizations Suddeutsche Zeitung, NDR and WDR, The NYT's Rebecca Robbins. The drugs listed on TrumpRx can cost American patients up to hundreds or thousands of dollars, while a patient walking into a German pharmacy pays next to nothing, Robbins writes. Publicly traded companies in the space include AstraZeneca, Bristol Myers, Eli Lilly, GSK, Johnson & Johnson, Merck, Novartis, Pfizer, Rocheand Sanofi.NATIONAL CYBERSECURITY STRATEGY:Quantum Cybersaid, "On March 10, 2026, the White House released a sweeping National Cybersecurity Strategy document under the direction of President Donald Trump, articulating six foundational pillars intended to defend the safety, security, and prosperity of the American people in cyberspace. The strategy represents one of the most comprehensive federal policy commitments to cyber defense in recent history and signals a significant expansion of investment and regulatory focus in both cybersecurity and quantum computing."Among the key pillars of the Trump cybersecurity framework are: proactively detecting and defeating adversarial cyber actors before they breach U.S. networks; streamlining cyber regulations to reduce compliance burdens and align the private sector with government objectives; accelerating the adoption of post-quantum cryptography, zero-trust architecture, and secure cloud infrastructure across national security systems; prioritizing U.S.-developed technologies over adversarial products; building a robust domestic cyber workforce; and promoting the security of cryptocurrencies and blockchain technologies through the adoption of post-quantum cryptographic standards."Quantum Cyber views the White House's strategy as a direct validation of the Company's core business thesis. The convergence of quantum computing and cybersecurity - two domains at the center of the Trump Administration's framework - represents one of the most significant growth opportunities in the technology sector over the coming decade. The Company believes its name, focus, and developing capabilities place it at the intersection of both priority areas identified by the federal government. Building on the momentum of the Trump Administration's cybersecurity framework, Quantum Cyber's management team is actively evaluating a pipeline of strategic acquisition candidates operating in quantum computing, post-quantum cryptography, zero-trust network architecture, and adjacent cybersecurity disciplines."The Company believes that a targeted acquisition strategy will accelerate its ability to build an operationally active platform with measurable revenue potential in sectors directly aligned with U.S. national security priorities. The Company is currently conducting preliminary due diligence on several opportunities and is engaged in discussions with potential targets. While no definitive agreements have been reached and there can be no assurance that any transaction will be consummated, management is cautiously optimistic about the quality of the pipeline and the timeliness of the strategic window created by the current federal policy environment. The Company intends to provide further updates as discussions progress."

The Company announce that David Lazar, a significant shareholder and strategic supporter, has pre-funded the second tranche in the amount of $3,000,000, pursuant to a previously announced private placement contemplated by that certain securities purchase agreement between the Company and Mr. Lazar, dated February 13, 2026. As previously disclosed, the consummation of the second tranche transactions and the issuance of the shares of series D preferred stock and series E preferred stock in connection therewith are subject to certain customary closing conditions, as well as receipt of approval by the shareholders of the Company. As a result of this additional funding, the Company has now received a total of $6,000,000 from Mr. Lazar under this commitment.

The company said, "On March 10, 2026, the White House released a sweeping National Cybersecurity Strategy document under the direction of President Donald Trump, articulating six foundational pillars intended to defend the safety, security, and prosperity of the American people in cyberspace. The strategy represents one of the most comprehensive federal policy commitments to cyber defense in recent history and signals a significant expansion of investment and regulatory focus in both cybersecurity and quantum computing. Among the key pillars of the Trump cybersecurity framework are: proactively detecting and defeating adversarial cyber actors before they breach U.S. networks; streamlining cyber regulations to reduce compliance burdens and align the private sector with government objectives; accelerating the adoption of post-quantum cryptography, zero-trust architecture, and secure cloud infrastructure across national security systems; prioritizing U.S.-developed technologies over adversarial products; building a robust domestic cyber workforce; and promoting the security of cryptocurrencies and blockchain technologies through the adoption of post-quantum cryptographic standards. Quantum Cyber views the White House's strategy as a direct validation of the Company's core business thesis. The convergence of quantum computing and cybersecurity - two domains at the center of the Trump Administration's framework - represents one of the most significant growth opportunities in the technology sector over the coming decade. The Company believes its name, focus, and developing capabilities place it at the intersection of both priority areas identified by the federal government. Building on the momentum of the Trump Administration's cybersecurity framework, Quantum Cyber's management team is actively evaluating a pipeline of strategic acquisition candidates operating in quantum computing, post-quantum cryptography, zero-trust network architecture, and adjacent cybersecurity disciplines. The Company believes that a targeted acquisition strategy will accelerate its ability to build an operationally active platform with measurable revenue potential in sectors directly aligned with U.S. national security priorities. The Company is currently conducting preliminary due diligence on several opportunities and is engaged in discussions with potential targets. While no definitive agreements have been reached and there can be no assurance that any transaction will be consummated, management is cautiously optimistic about the quality of the pipeline and the timeliness of the strategic window created by the current federal policy environment. The Company intends to provide further updates as discussions progress."