Quanome’s XDT Secures First Enterprise Customer Agreement for Dedicated AI Inference Services

XDT aims to build long-term, recurring revenue from managed AI technology services.

Rhea-AI Summary

Quanome Technologies (QNME) secured its first enterprise AI services customer through subsidiary XDT, with an initial commitment exceeding $100 million. XDT, an indirect wholly-owned subsidiary, signed a Master Services Agreement and initial Order to provide dedicated computing capacity. The service supports AI inference, meaning trained models processing new information and generating outputs, while XDT manages the underlying systems.

The initial Order runs for 60 months from the service-ready date. XDT expects service to begin within approximately two months, subject to service-start conditions. Separately, Quanome agreed to purchase 32 additional GPU server units for approximately US$18.8 million. Delivery is expected at a designated U.S. data center, subject to commercial and operational conditions.

2 points · 2 major

MixediHow this balance works

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1 major · 3 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Major pointXDT’s first enterprise customer agreement carries an initial 60-month commitment exceeding $100 million. 5× market cap
• Major pointQuanome agreed to purchase 32 additional GPU server units to add computing infrastructure.

Negative

• Major pointAdditional GPU server purchases carry an aggregate cost of approximately US$18.8 million. 94% of market cap
• Minor point. Forward-looking: it has not happened yet and may not happen.Service commencement, expected within approximately two months, remains subject to service-start conditions.
• Minor point. Forward-looking: it has not happened yet and may not happen.GPU server delivery to a U.S. data center remains subject to commercial and operational conditions.

Argus 15 min delay 80 alerts

+46.77% vs previous close $0.85 last price 22.7x rel. volume Open Argus

Details

Market move: QNME +46.77% vs previous close. AI inference contract award

+51.4% Peak in 27 min

$0.57 – $0.87 Day Range

$29.24M Market Cap

On Oct 8, the day this news came out, the latest delayed price for QNME is 46.77% above the previous close. Argus tracked a peak move of +51.4% during the session. Our momentum scanner has recorded 80 alerts for this stock so far that day. The latest delayed price is $0.85. Relative volume is exceptionally heavy at 22.7x the average.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Key Figures

Order commitment: Exceeding $100 million Order term: 60 months Additional GPU servers: 32 units

Order commitment

Exceeding $100 million

Initial 60-month enterprise customer order

Order term

60 months

Commences on the service-ready date

Additional GPU servers

32 units

Separate purchase agreement and related purchase order

Previous AI Reports

1 past event · Latest: Sep 23

Same Type 1 event

1. Sep 23

   AI infrastructure purchase

   24h Move

   -4.2%

   September 23 infrastructure purchase initiated XDT's planned AI cloud build-out before this customer agreement.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

ai inference, master services agreement, gpu

3 terms

ai inference technical

"This is known as AI inference: using trained AI models to process new information"

AI inference is the step where a trained artificial intelligence model uses its learned patterns to analyze new data and produce an output — for example, predicting a stock trend, flagging a medical image, or generating text, much like using a recipe to cook a meal. It matters to investors because inference determines real-world performance, speed, and cost of AI features, affects user experience and scalability, and influences operating expenses, regulatory compliance, and competitive advantage.

master services agreement financial

"has entered into a Master Services Agreement and initial Order"

A master services agreement is a standing contract that sets the main terms, responsibilities, pricing framework and processes for future work between two parties, allowing individual projects or orders to be added later without renegotiating core terms. For investors, it signals predictability and reduced legal friction around revenue streams and costs—like a subscription plan for services that makes future income and obligations easier to forecast and value.

gpu technical

"purchase agreement and related purchase order for 32 additional GPU server units"

A GPU (graphics processing unit) is a specialized computer chip designed to handle many calculations at once, originally for rendering images and video but now widely used for tasks like artificial intelligence, data analysis and high-performance computing. Investors watch GPU demand and prices because strong sales often signal growth for chip makers and their customers, affect profit margins and capital spending, and can forecast wider trends in gaming, AI adoption and cloud services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Initial 60-Month Order Has a Total Commitment Value Exceeding $100 Million; Service-Start Conditions Apply

New York, NY, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Quanome Technologies, Inc. (Nasdaq: QNME) (“Quanome” or the “Company”) today announced that XDT Infrastructure I, LLC (“XDT”), an indirect wholly-owned subsidiary of Quanome, has entered into a Master Services Agreement and initial Order with an enterprise customer to provide dedicated artificial intelligence capacity.

Under the initial Order, XDT will provide the customer with dedicated computing capacity to run its AI applications. This is known as AI inference: using trained AI models to process new information and generate outputs. Rather than purchasing and operating its own specialised AI infrastructure, the customer will access the service remotely while XDT manages the underlying systems and day-to-day operation.

Demand for AI computing capacity is growing as businesses integrate AI into their day-to-day operations. The U.S. Census Bureau Business Trends and Outlook Survey data showed that between 17% and 20% of U.S. businesses were using AI between December 2025 and May 2026, with 20% to 23% expecting to use it within the following six months. As more businesses move from testing AI to using it in practice, they require reliable computing capacity to run AI applications. This is creating demand for managed infrastructure providers such as XDT, which can operate dedicated capacity for customers that do not wish to build and manage it themselves.

The initial Order has a 60-month term commencing on the service-ready date and a total commitment value exceeding $100 million. Subject to applicable service-start conditions, XDT currently expects service to commence within approximately two months.

Separately, Quanome entered into a purchase agreement and related purchase order for 32 additional GPU server units at an aggregate price of approximately US$18.8 million. The units are expected to be delivered to a designated U.S. data center, subject to applicable commercial and operational conditions.

This is XDT’s first customer agreement and marks the next stage in Quanome’s development of its AI computing business: progressing from the planned deployment of AI computing infrastructure to the delivery of long-term managed services for enterprise customers.

“Securing XDT’s first enterprise customer agreement is a meaningful next step in bringing our AI computing strategy into operation,” said Yang Li, Chief Executive Officer of Quanome Technologies. “Our ambition is to help meet growing private-sector demand for AI services and infrastructure. This first agreement marks important progress as XDT works to build long-term, recurring revenue from managed AI technology services.”

XDT forms part of Quanome’s Quantum and AI Systems strategic stream. It supports the Company’s broader objective of developing commercially relevant technology platforms that help businesses access the computing capacity required to develop, deploy and scale AI applications.

ENDS

NOTES FOR EDITORS

Media / Investor Relations Contact:

Lauren Callie
www.Quanometech.com
investor@Quanometech.com

Editors Notes

About Quanome Technologies

Quanome Technologies, Inc. (Nasdaq: QNME) focuses on opportunities across Quantum and AI Systems, Quantum Life Sciences - Molecular Discovery, Advanced Nuclear, and Quantum-Safe Cybersecurity. The Company combines commercial initiatives with the development of a global scientific network through its Global Quantum Council and Scientific Advisory Network. Through XDT, Quanome is developing an AI computing business designed to provide managed access to dedicated computing capacity.

Forward-Looking Statements

This release contains forward-looking statements, including statements regarding the purchase, delivery and deployment of GPU server units; the anticipated commencement of services under XDT’s customer agreement; the satisfaction of service-start conditions; the expected term and total commitment value of the initial Order; the development and expansion of XDT; and anticipated customer and revenue opportunities. These statements are based on current plans, assumptions and expectations and involve risks and uncertainties. Actual results and timing may differ materially due to, among other things, the satisfaction of contractual conditions, customer requirements, availability and deployment of computing infrastructure, supplier and data-centre performance, technical and operational matters, third-party performance and regulatory requirements. There can be no assurance that GPU server units will be delivered on the expected schedule, that services will commence on the expected timetable, that the Order will generate the anticipated value, or that XDT will achieve its intended commercial objectives. Additional risks are described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by applicable law.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the value and duration of Quanome’s first XDT enterprise customer agreement?

The initial Order has a total commitment value exceeding $100 million and a 60-month term beginning on the service-ready date. XDT will provide dedicated computing capacity for the customer’s AI applications and manage the underlying systems.

When does Quanome expect XDT’s AI inference service to start?

XDT currently expects service to commence within approximately two months, subject to applicable service-start conditions. The initial Order’s 60-month term begins on the service-ready date.