QTREX in Advanced Discussions with Top-Five Global Quantum Computing Company Regarding Strategic Collaboration

Rhea-AI Summary

QTREX Quantum (Nasdaq:IINN) is in advanced talks with a top-five global quantum computing company on a potential strategic collaboration. Both sides are running a joint technical evaluation of QTREX’s AME-based cryogenic interconnects within the partner’s refrigerator architecture.

If a definitive agreement is signed, the partner could adopt QTREX’s platform as its foundational cryogenic interconnect technology, embedding QTREX as a critical supplier across its future quantum hardware roadmap and aligning QTREX’s revenue prospects with the partner’s global deployment growth.

AI-generated analysis. Not financial advice.

Market Reality Check

Price: $0.3800 Vol: Volume 1,155,207 is 3.28x...

high vol

$0.3800 Last Close

Volume Volume 1,155,207 is 3.28x the 20-day average (352,413) ahead of this announcement. high

Technical Shares at $0.38 are trading below the $0.87 200-day MA and 76.97% below the 52-week high.

Peers on Argus

Sector data show mixed moves in related medical device names, with some peers up...

1 Up 2 Down

Sector data show mixed moves in related medical device names, with some peers up and others down, and momentum scanner readings highlighting both upward and downward moves. No clear alignment with the target’s move can be determined from the provided data.

Previous Partnership Reports

1 past event · Latest: Jan 17 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Jan 17	Manufacturing collaboration	Positive	+0.0%	Partnership with Zriha Medical to scale production for oxygenation devices.

Pattern Detected

Limited partnership history: the prior collaboration headline produced a 0% 24h move, suggesting a neutral market reaction to that partnership update.

Recent Company History

Over the past year, the company reported a collaboration with Zriha Medical on Jan. 17, 2025 to build a dedicated production line for components used in extracorporeal oxygenation devices. That update, tied to scaling manufacturing and leveraging Zriha’s ISO 13485 capabilities, saw a 0% 24-hour price reaction. Compared with today’s strategic collaboration discussions in quantum hardware, investors can reference this earlier partnership as the main precedent for how the stock has historically traded around collaboration news.

Historical Comparison

+0.0% avg move · Historically, partnership news (e.g., Zriha Medical on Jan. 17, 2025) produced a 0% 24h move, so col...

partnership

+0.0%

Average Historical Move partnership

Historically, partnership news (e.g., Zriha Medical on Jan. 17, 2025) produced a 0% 24h move, so collaboration headlines have not yet driven pronounced price swings.

Partnership themes progressed from manufacturing collaboration for extracorporeal oxygenation devices to advanced discussions around integrating AME-based cryogenic interconnects into quantum computing hardware.

Regulatory & Risk Context

Active S-3 Shelf · $75,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-25

$75,000,000 registered capacity

The company has an effective Form F-3 shelf dated Nov. 25, 2025, allowing offerings of up to $75,000,000 in ordinary shares, warrants and units. As of Jun. 30, 2025, it reported $2.1 million in cash and cash equivalents and total equity of $1.3 million, with auditors including a going‑concern explanatory paragraph, highlighting dependence on future financing.

Market Pulse Summary

This announcement highlights QTREX’s progress to a joint technical evaluation with a top-five quantu...

Analysis

This announcement highlights QTREX’s progress to a joint technical evaluation with a top-five quantum computing company, positioning its AME-based cryogenic interconnect platform as potential foundational infrastructure in future quantum hardware. In partnership history, a prior collaboration on Jan. 17, 2025 produced a 0% move, offering limited precedent for market impact. Investors may watch for a signed definitive agreement, clarity on commercialization milestones, and how future financing under the $75,000,000 shelf interacts with growth plans.

Key Terms

additively manufactured electronics, cryogenic interconnect, quantum hardware infrastructure, cryogenic refrigerator architecture, +2 more

6 terms

additively manufactured electronics technical

"a developer of additively manufactured electronics ("AME") technologies for cryogenic interconnect"

Additively manufactured electronics are electronic components and circuits created by layer-by-layer printing techniques instead of traditional machining or assembly. Think of building a cake where each layer can contain wiring, sensors or conductive traces so a finished part can combine structure and electronics in one piece. For investors, this can cut production time and part counts, enable custom or lightweight designs, and open new product opportunities or cost savings across manufacturing and supply chains.

cryogenic interconnect technical

"technologies for cryogenic interconnect and quantum hardware infrastructure"

A cryogenic interconnect is the physical wiring and connector system that carries electrical signals and power between room-temperature electronics and devices kept at extremely low temperatures. Think of it as specially insulated plumbing that preserves delicate signals while bridging a warm control room and a very cold device; its quality affects system speed, error rates, and scalability, so investors watch it as a key enabler for commercial quantum computing and other low-temperature technologies.

quantum hardware infrastructure technical

"technologies for cryogenic interconnect and quantum hardware infrastructure"

Quantum hardware infrastructure is the physical systems and equipment required to build and operate quantum computers — including the devices that host quantum bits (qubits), the cooling and shielding needed to preserve delicate quantum states, control electronics, and the interconnections that tie components together. It matters to investors because these tangible components determine a quantum system’s performance, reliability, cost and ability to scale; like a factory’s machinery, better infrastructure can create a competitive edge, require large capital investment, and influence future returns.

cryogenic refrigerator architecture technical

"within the partner's cryogenic refrigerator architecture"

Cryogenic refrigerator architecture is the overall design and arrangement of the equipment that cools and keeps components at extremely low temperatures, often close to absolute zero. For investors, this matters because that design determines how well a product performs, how reliable and scalable it is, and how much it costs to build and operate—similar to how the layout of a kitchen affects how quickly and efficiently a restaurant can serve customers.

qubit technical

"system integration at higher qubit counts"

A qubit is the basic unit of information used in quantum computers, like a coin that can be heads, tails or both at once until you look; this lets quantum machines process many possibilities simultaneously. For investors, qubits matter because their number, quality and stability determine how powerful a quantum computer can be, affecting which companies might gain an edge in fields such as cryptography, drug discovery, materials design or complex financial modeling.

quantum coherence technical

"a critical factor in preserving quantum coherence and enabling system performance"

Quantum coherence is the property of tiny particles or systems to maintain a coordinated, wave‑like relationship so they can act together rather than independently, similar to a choir singing in sync instead of individuals humming different tunes. For investors, coherence is crucial because it determines how well quantum devices—used for computing, sensing, or communications—can perform in real-world tasks; longer, more stable coherence usually means more reliable, valuable technology and clearer commercialization prospects.

AI-generated analysis. Not financial advice.

Nes Ziona, Israel, May 21, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Ltd. (Nasdaq: QTEX) ("QTREX" or the "Company") a developer of additively manufactured electronics ("AME") technologies for cryogenic interconnect and quantum hardware infrastructure, today announced that it is in advanced discussions with one of the top five companies globally in quantum computing systems regarding a strategic collaboration agreement.

The discussions have advanced to a joint technical evaluation phase, with engineering and integration teams from both companies actively engaged in assessing QTREX's proprietary AME-based interconnect components within the partner's cryogenic refrigerator architecture. The evaluation targets core scaling constraints for quantum hardware, including signal routing density, thermal management, and system integration at higher qubit counts.

Under the framework, QTREX's AME interconnect platform would be adopted by the partner as the foundational cryogenic interconnect technology underlying its forward quantum hardware product portfolio, with QTREX embedded as a critical supplier across the partner's product cycle roadmap. Subject to execution of a definitive agreement and customary commercial deployment milestones, the relationship would position QTREX as an essential component supplier within one of the principal global platforms shaping the next generation of commercial quantum computing systems, with QTREX's revenue contribution scaling alongside the partner's expanding quantum hardware deployment trajectory across markets globally.

“Engagement with one of the top five global players in quantum systems reflects the recognition that QTREX’s interconnect approach addresses a complex bottleneck in quantum hardware,” said Dagi Ben-Noon, Chief Executive Officer of QTREX. “Adoption of our interconnect technology as the foundational platform within a top-tier global player’s forward quantum hardware roadmap would position our company at the structural center of the cryogenic interconnect supply chain.”

The global quantum computing hardware market is projected to grow significantly over the coming years, with cryogenic interconnect increasingly recognized across industry research as a critical factor in preserving quantum coherence and enabling system performance at scale. QTREX's commercial strategy is built on establishing collaborative partnerships with companies across the quantum computing value chain, positioning its AME-based interconnect technology as an enabling infrastructure layer for the next generation of quantum hardware.

About QTREX Quantum
QTREX Quantum Ltd. (Nasdaq: QTEX) is a technology company focused on advanced connectivity and electronics manufacturing solutions for next-generation hardware markets. Following its acquisition of the AME platform, the Company is developing high-density, thermally optimized quantum connectivity solutions for dilution cryostats and advancing AME applications for defense, aerospace, missile, space, and other mission-critical environments. Inspira also continues to advance its medical technology portfolio, including respiratory support and blood monitoring platforms, while actively working to monetize certain parts of the medical business. For more information, please visit: www.q-trex.com and www.inspira-technologies.com

Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the contemplated collaboration agreement with the strategic partner, the benefits and advantages of the Company’s AME platform and technology, that subject to execution of a definitive agreement and customary commercial deployment milestones, the collaboration would position QTREX as an essential component supplier within one of the principal global platforms shaping the next generation of commercial quantum computing systems, with QTREX's revenue contribution scaling alongside the strategic partner's expanding quantum hardware deployment trajectory across markets globally, the projected growth of the global quantum computing hardware market and the Company’s commercial strategy. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.

Company Contact
Inspira Technologies
Email: info@inspirao2.com
Phone: +972-9-9664485

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
inspira@arxhq.com

FAQ

What strategic collaboration is QTREX Quantum (IINN) discussing with a top-five quantum computing company?

QTREX Quantum is in advanced discussions on a strategic collaboration where its AME-based cryogenic interconnects are evaluated within a leading quantum player’s refrigerator systems. According to QTREX, this could lead to adoption of its platform as foundational interconnect technology, subject to a definitive agreement.

How could the potential QTREX Quantum (IINN) collaboration affect its role in quantum hardware supply chains?

If finalized, the collaboration could position QTREX as a critical supplier of cryogenic interconnects across the partner’s quantum hardware roadmap. According to QTREX, its platform may underlie future systems, embedding the company structurally in the cryogenic interconnect supply chain.

What technical goals are targeted in QTREX Quantum’s (IINN) joint evaluation with the quantum computing partner?

The joint technical evaluation focuses on scaling constraints such as signal routing density, thermal management, and integration at higher qubit counts. According to QTREX, engineering teams from both companies are testing its AME-based interconnect components within the partner’s cryogenic refrigerator architecture.

How might the QTREX Quantum (IINN) discussions impact its future revenue trajectory?

QTREX links potential revenue growth to the partner’s expanding quantum hardware deployments if a definitive agreement is executed. According to QTREX, its revenue contribution could scale alongside wider adoption of its cryogenic interconnect platform in commercial quantum systems globally.

Why is cryogenic interconnect technology important to QTREX Quantum’s (IINN) strategy?

Cryogenic interconnects are viewed as critical for preserving quantum coherence and enabling scalable performance in quantum hardware. According to QTREX, its AME-based interconnect platform is positioned as an enabling infrastructure layer for next-generation quantum systems and central to its partnership-focused commercial strategy.

Is the QTREX Quantum (IINN) strategic collaboration with the quantum computing company already finalized?

No, the collaboration is not yet finalized and remains subject to a definitive agreement and commercial milestones. According to QTREX, current activities are focused on a joint technical evaluation phase to assess its AME-based interconnect technology in the partner’s cryogenic hardware.