Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: PRnewswire
- Acquisition Scale: Quantum Computing Inc. has completed an all-cash acquisition of Luminar Semiconductor for $110 million, marking a significant milestone in its strategy to build a quantum technology platform, expected to enhance annual revenue and market competitiveness.
- Technological Integration Advantage: By integrating its thin-film lithium niobate (TFLN) platform with LSI's lasers and detectors, QCi gains end-to-end control of the photonic signal chain, enabling the miniaturization of complex quantum systems into high-performance, mass-producible products, thus accelerating the transition from technology innovation to scalable manufacturing.
- Strengthened Market Positioning: This acquisition enhances QCi's capabilities within a fully domestic manufacturing platform, aligning with the demand for U.S.-based technology solutions, particularly in serving government and defense-related customers in aerospace and national security.
- Future Development Potential: LSI will operate as a wholly owned subsidiary of QCi, maintaining its commercial relationships in aerospace, defense, and industrial markets, providing near-term revenue visibility and a strategic foothold for QCi to expand its offerings over time.
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Analyst Views on QUBT
Wall Street analysts forecast QUBT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QUBT is 17.00 USD with a low forecast of 12.00 USD and a high forecast of 25.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
2 Buy
2 Hold
0 Sell
Moderate Buy
Current: 9.270
Low
12.00
Averages
17.00
High
25.00
Current: 9.270
Low
12.00
Averages
17.00
High
25.00
About QUBT
Quantum Computing Inc. is an integrated quantum optics and nanophotonic technology company. The Company is utilizing integrated photonics and non-linear quantum optics to develop and deliver machines for quantum computing, reservoir computing, and remote sensing, imaging and cybersecurity applications. Its products are designed to operate at room temperature and low power. Its Entropy Quantum Computer is a full-stack system, incorporating the Company’s custom user interface software Qatalyst, which allows users to avoid the complexity of software development kits at the circuit level and has evolved from the Company’s primary Software as a Service offering to the software that powers its offerings. Its Reservoir Computer is a device that uses an integrated circuit that can be reprogrammed after manufacturing and optimized for recurrent neural network applications. Its Quantum Photonic Vibrometer is a proprietary, instrument for remote vibration detection, sensing, and inspection.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Quantum Computing Inc. Completes Acquisition of Luminar Semiconductor
- Acquisition Scale: Quantum Computing Inc. has completed an all-cash acquisition of Luminar Semiconductor for $110 million, marking a significant milestone in its strategy to build a quantum technology platform, expected to enhance annual revenue and market competitiveness.
- Technological Integration Advantage: By integrating its thin-film lithium niobate (TFLN) platform with LSI's lasers and detectors, QCi gains end-to-end control of the photonic signal chain, enabling the miniaturization of complex quantum systems into high-performance, mass-producible products, thus accelerating the transition from technology innovation to scalable manufacturing.
- Strengthened Market Positioning: This acquisition enhances QCi's capabilities within a fully domestic manufacturing platform, aligning with the demand for U.S.-based technology solutions, particularly in serving government and defense-related customers in aerospace and national security.
- Future Development Potential: LSI will operate as a wholly owned subsidiary of QCi, maintaining its commercial relationships in aerospace, defense, and industrial markets, providing near-term revenue visibility and a strategic foothold for QCi to expand its offerings over time.
Continue Reading
QCi Acquires Luminar Semiconductor to Enhance Technology Integration
- Acquisition Scale: QCi's acquisition of Luminar Semiconductor for $110 million marks a significant step towards building a vertically integrated photonics and quantum technology platform, expected to substantially enhance the company's annual revenue and market competitiveness.
- Technological Integration Advantage: This acquisition allows QCi to gain access to laser, detector, and advanced packaging technologies, enabling the delivery of high-performance quantum hardware at room temperature, which facilitates the miniaturization and mass production of complex quantum systems.
- Strengthened Market Positioning: By establishing a fully domestic manufacturing platform, QCi can better serve U.S. government and defense-related customers, particularly in aerospace and national security, thereby enhancing its market position and customer base.
- Future Development Potential: LSI will operate as a wholly owned subsidiary of QCi, maintaining its commercial relationships in aerospace, defense, and industrial markets, providing QCi with near-term revenue visibility and a strategic foundation for long-term market expansion.
Continue Reading