Technology
Quantum Cyber Completes Acquisition of U.S.-Based Manufacturing Facility in Bridgeport, Connecticut
Quantum Drones Corporation Closes Purchase of the Real Property Underlying an Approximately 50,000-Square-Foot Industrial Facility; Company Now Owns a Domestic Production Site as It Advances From Technology Licensing to Vertically Integrated Autonomous Defense ManufacturingWEST PALM BEACH, Florida, July 16, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems
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Quantum Drones Corporation Closes Purchase of the Real Property Underlying an Approximately 50,000-Square-Foot Industrial Facility; Company Now Owns a Domestic Production Site as It Advances From Technology Licensing to Vertically Integrated Autonomous Defense Manufacturing WEST PALM BEACH, Florida, July 16, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced that its wholly owned subsidiary, Quantum Drones Corporation, has completed the acquisition of certain parcels of real property located at 38 Union Avenue, Bridgeport, Connecticut, for a purchase price of $2,300,000. The transaction closed on July 15, 2026. The closing completes the real-property component of the Bridgeport acquisition that the Company first announced through a Letter of Intent on June 8, 2026, and formalized through definitive agreements announced on June 29, 2026. The real property was acquired from Arcade Realty LLC pursuant to a Purchase and Sale Agreement, entered into in connection with the Company's separate Asset Purchase Agreement with Arcade Technology LLC covering the installed manufacturing equipment at the site. With the closing, Quantum Cyber now owns the physical facility that it intends to serve as the operating foundation for its domestic autonomous defense manufacturing capability. The closing marks an important milestone in Quantum Cyber's previously announced strategic transition from a technology development and IP licensing company to a vertically integrated autonomous defense manufacturer with domestic production capacity under its own control. It follows the Company's June 2, 2026 announcement that it would assume direct manufacturing of its licensed autonomous drone platform, and its May 28, 2026 announcement of plans to establish a U.S.-based defense-technology manufacturing complex. With the facility now under the Company's ownership, Quantum Cyber believes it has moved from describing its manufacturing strategy to holding the physical infrastructure on which that strategy depends. The acquisition is intended to support the Trump Administration's Executive Order 14307, which establishes American drone dominance as an explicit national security and industrial priority and directs the acceleration of domestic drone production capacity. The U.S. Department of Defense FY2027 Budget Request allocates approximately $55 billion toward drone and autonomous warfare programs, reflecting a doctrinal shift toward high-volume, attritable autonomous platforms deployed at operational scale.
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