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QUANTUMCORE (QNCRF) Stock News

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QuantumCore (QNCRF) will present its quantum computing infrastructure strategy at the virtual Emerging Growth Conference on October 29, 2026. CEO Eugene Profis and CTO Professor Christopher Wilson will speak at 9:00 a.m. Eastern Time, covering four technology platforms and commercialization plans.

QuantumCore also retained Casson Communications for investor relations and promotional services, including research-report preparation and distribution. The engagement began October 22, 2026, and is expected to end January 22, 2027. QuantumCore will pay aggregate cash compensation of US$50,000.

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QuantumCore (QNCRF) plans a normal course issuer bid to repurchase up to 1,585,729 common shares through the Canadian Securities Exchange.

The limit represents approximately 5% of its 31,714,581 outstanding common shares and approximately 10% of the public float. The program will remain in effect until October 16, 2027, unless completed or terminated earlier. Purchases will occur at prevailing market prices, and acquired shares will be cancelled. Leede Financial will conduct purchases. QuantumCore believes its shares are undervalued based on recent customer discussions; purchase timing and amounts will depend on market conditions and other factors.

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QuantumCore (QNCRF) has begun developing chip-scale magnetless circulators as a fourth technology platform for its superconducting quantum computing infrastructure business. Circulators direct microwave signals and help shield sensitive quantum processors from unwanted noise. The program will run under its Sponsored Research Agreement with the University of Waterloo, led by Professor Raafat Mansour.

QuantumCore aims to replace bulky magnetic components and explore integration with its cryogenic multiplexing microchips. It will contribute capital and resources and intends to seek supplemental non-dilutive grants. An intellectual property agreement provides an exclusive, royalty-free license to commercially exploit university research results within cryogenic applications and associated fields.

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QuantumCore (QNCRF) has begun developing multiplexing microchips as a third technology in its infrastructure platform for scalable quantum computing.

The company entered a Sponsored Research Agreement with the University of Waterloo for cryogenic multiplexing, or routing shared signals at extremely low temperatures. Professor Raafat Mansour leads the program, which focuses on phase-change material switches and superconducting switch matrices. QuantumCore aims to reduce physical connections between room-temperature electronics and quantum processors.

Building on existing laboratory work and a multiplexing device already under development, QuantumCore expects commercial prototypes within the next 12 months.

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QuantumCore (QNCRF) has completed its acquisition of 100% of Avalanche PhotoniQ, adding a foundry-ready single-photon detector platform, effective under a September 9, 2026 share purchase agreement.

The deal creates two core technology platforms for QuantumCore: superconducting traveling-wave parametric amplifiers for cryogenic quantum signal amplification, and Avalanche’s advanced single-photon detectors based on proprietary semiconductor metasurface technology. The acquired assets include Avalanche’s intellectual property portfolio and a detector design prepared for commercial foundry manufacturing, which QuantumCore plans to move into production and customer evaluation.

Transaction terms comprise a C$2.0 million purchase price (C$1.07 million cash at closing and a C$930,000 milestone tied to 100 qualifying detectors), plus a one-time C$1.0 million earn-out if C$1.0 million in annual net revenue is achieved.

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QuantumCore (QNCRF) announced that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC).

DTC eligibility is expected to simplify U.S. trading, streamline settlement, and expand access to QuantumCore shares across a wider network of brokerage firms.

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QuantumCore (QNCRF) will participate as a Gold Sponsor at IEEE Quantum Week 2026, the IEEE International Conference on Quantum Computing and Engineering, held September 13-18, 2026 in Toronto, Canada.

The event is described as a major global gathering for researchers, developers, businesses and institutions advancing quantum technologies. QuantumCore plans to use its sponsorship to showcase its strategy of building a portfolio of quantum infrastructure technologies that support current quantum computing roadmaps, rather than developing its own quantum processing units.

The company highlights its superconducting traveling-wave parametric amplifier platform for quantum-limited signal amplification in cryogenic environments, as well as advanced single-photon detector technologies for potential use in photonic quantum computing, quantum communications and quantum networking.

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QuantumCore (CSE: QNCR; FSE: K1Y; OTC: QNCRF) closed the second and final tranche of its non-brokered private placement, raising additional gross proceeds of $426,000. In total, the Company issued 2,556,945 common shares at $2.00 per share for aggregate gross proceeds of $5,113,890, to be used for general corporate and working capital purposes.

All shares are subject to a four-month-and-one-day hold period under Canadian securities laws. QuantumCore also amended its investor awareness agreement with Altura Media, adding a $420,000 budget for continued digital investor marketing, subject to Canadian Securities Exchange acceptance.

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QuantumCore (CSE: QNCR, FSE: K1Y; QNCRF) closed an upsized first tranche of its previously announced non-brokered private placement, issuing 2,343,945 common shares at C$2.00 per share for gross proceeds of C$4,687,890. The total Offering has been increased from C$4,269,600 to up to C$5,113,890, with a second tranche of C$426,000 expected to close on or about August 18, 2026, mainly from existing shareholders, subject to customary conditions and Canadian Securities Exchange approval.

According to QuantumCore, net proceeds will be used for general corporate and working capital purposes. All shares will carry a hold period of four months and one day under Canadian securities laws, and the securities are not registered under the U.S. Securities Act.

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QuantumCore (CSE: QNCR, OTC: QNCRF) announced a non-brokered private placement with a new U.S.-based strategic investor for up to C$4.27 million. The investor has agreed to purchase 2,134,800 common shares at C$2.00 per share, for gross proceeds of C$4,269,600, expected to close on or about August 7, 2026, subject to regulatory approvals.

According to QuantumCore, the financing should lift its cash position to over C$10 million and underpin a long-term strategic partnership. Proceeds are earmarked for product commercialization, R&D expansion, manufacturing scale-up, and strategic acquisitions. The investor receives participation rights to maintain pro rata ownership in future financings until at least August 6, 2029, while holding 100,000+ shares.

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FAQ

What is the current stock price of QUANTUMCORE (QNCRF)?

QUANTUMCORE (QNCRF) last closed at $1.28.