Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
FOR
IMMEDIATE RELEASE
Quantum
eMotion Announces Acquisition of Jet Lab Technologies Assets to Deliver Full-Stack Quantum-Resilient Security
Montreal,
Quebec – February 27, 2026 — Quantum eMotion Corp. (“QeM” or the “Company”)
(NYSE: QNC; TSXV: QNC; FSE: 34Q0), a leader in quantum-based cybersecurity solutions, is pleased to announce that it has entered into
an agreement to acquire key technology assets through the acquisition of 100% of the issued and outstanding shares of SKV Technology
Inc. (“SKV”), a California-based cybersecurity company (the “Transaction”). The assets include the SecureKey™
platform developed and commercialized by Jet Lab Technologies Inc. (“Jet Lab”) and held by SKV.
The
acquisition strengthens QeM’s secure software and cryptographic enforcement strategy by combining the SecureKey™ platform
with QeM’s QRNG-powered Sentry-Q orchestration layer — creating a full-stack, quantum-resilient cybersecurity architecture
spanning cloud, network, endpoint, and chip.
Strategic Architecture:
From Entropy to Enforcement
Quantum-Grade
Entropy & Policy — Sentry-Q
QeM’s
Sentry-Q platform:
| · | Generates
QRNG-based entropy and master keys |
| · | Orchestrates
secure point-to-point (P2P) encrypted communication |
| · | Defines
authentication, key rotation, PQC and hybrid ciphersuites, and revocation policies |
Software-Based, Hardware-Anchored
Enforcement — SecureKey™
SecureKey™
is a high-assurance cryptographic software platform engineered to deliver hardware-grade security protections across cloud, network,
and embedded environments.
SecureKey™:
| · | Implements
and accelerates Sentry-Q secure channels directly on devices |
| · | Protects
keys through hardened software controls integrated with hardware boundaries, preventing extraction
and tampering |
| · | Provides
TLS/IPsec/VPN/session offload and acceleration |
| · | Establishes
end-to-end secure tunnels at the edge, in devices, SoCs, NICs, and controllers |
Combined Value: Sentry-Q + SecureKey™
Together, the integrated
architecture is designed to deliver:
| · | End-to-end
quantum-safe security from cloud → network → endpoint → chip |
| · | Policy-driven
P2P communication with enforcement anchored at the device boundary |
| · | Rapid
PQC migration via orchestration plus firmware-level acceleration |
| · | Immediate
applicability across AI data centers, energy systems, defense, industrial IoT, blockchain,
and critical infrastructure |
Dr. Francis Bellido,
CEO of Quantum eMotion, stated:
“Sentry-Q
orchestrates quantum-grade entropy and security policy at the cloud layer. SecureKey™ enforces that trust at the execution boundary
through hardened cryptographic software integrated with hardware environments. Together, Sentry-Q + SecureKey™ deliver full-stack
quantum-resilient security — from QRNG-generated entropy to endpoint enforcement — dramatically reducing key exposure risks
while accelerating post-quantum migration.”
Mr. Jason Thomas,
founder of SKV and Jet Lab, added:
“SecureKey
was built to eliminate persistent key exposure and to bring hardware-grade protection into deployable software environments. By integrating
SecureKey with QeM’s QRNG-driven Sentry-Q platform, we can deliver a uniquely powerful architecture that combines quantum-grade
entropy with execution-bound enforcement. This integration positions QeM to address critical infrastructure, cloud, defense, and regulated
markets with a truly next-generation security stack.”
Zero-Exposure Keys™ —
Eliminating the #1 Cause of Breaches
Among the acquired
assets is a patent-pending “memory-less” cryptographic architecture designed to eliminate persistent key storage —
addressing what industry research identifies as the primary cause of cybersecurity breaches: stolen keys and credentials.
Key differentiators
include:
| · | Zero-Exposure
Keys™ — Memory-less cryptography engineered to eliminate persistent key storage
and extraction risk |
| · | Hardware-Grade
Security in Software — Government-level protection delivered in pure software across
cloud and edge environments |
| · | NIST-validated
encryption components, with a clear path toward FIPS certification and government adoption |
| · | Deployable
cryptographic enforcement without requiring proprietary hardware modules |
Significant Market Demand
Critical Infrastructure
and Cloud Security represent a global market exceeding US$150 billion (Gartner — Worldwide Security and Risk Management Spending
Forecast) and accelerating, driven by:
| · | Mandatory
modernization initiatives |
| · | Cloud
and hybrid-cloud adoption |
| · | Increasing
regulatory requirements for quantum readiness |
| · | Nation-state
and advanced persistent cyber threats |
The Transaction
significantly expands QeM’s addressable market by adding deployable, revenue-ready cryptographic enforcement software to its QRNG
and entropy-based foundation.
Proven, Ready-to-Scale Products
The acquired assets
include production-ready technologies:
| · | A
deployable cryptographic library |
| · | VPN
and firewall implementations |
| · | Drop-in
integrations compatible with enterprise, cloud, and network platforms |
These solutions
are deployable today and are designed for seamless integration with QeM’s entropy and orchestration stack.
Background on Jason Thomas
Jason Thomas, founder
of SKV and Jet Lab and lead technologist of Jet Lab, is a cybersecurity architect with extensive experience in applied cryptography,
secure networking, and software-based key protection frameworks.
At Jet Lab, Mr.
Thomas led the development of SecureKey™, focusing on memory-less cryptography, hardened software enforcement, encrypted networking
stacks, and scalable key lifecycle management suitable for enterprise, industrial, and government environments.
Mr. Thomas will
be joining Quantum eMotion in an executive development role, where he will support strategic product integration, commercialization initiatives,
and expansion of SecureKey™ within QeM’s broader quantum-resilient cybersecurity roadmap. His addition strengthens QeM’s
executive team with deep cryptographic engineering and secure systems expertise.
Transaction Terms and Regulatory
Matters
Pursuant to the
agreement, QeM will acquire the specified assets held by SKV by purchasing 100% of the equity of SKV. In consideration, QeM will make
milestone-based earn-out payments (the “Earn-Out Payments”) of up to C$7,000,000, payable at QeM’s election in
cash, common shares of the Company (the “Consideration Shares”), or a combination thereof. QeM will also pay royalties of
up to $15,000,000, subject to specified sales thresholds, on products incorporating the SecureKey™ technology for a term of up
to five years.
The Earn-Out Payments
will be contingent upon the achievement of defined technical and integration milestones centered on the successful realization of the
combined Sentry-Q + SecureKey™ full-stack quantum-resilient security architecture.
The Consideration
Shares issuable under the Transaction will be subject to a statutory hold period of four months and one day in Canada in accordance
with applicable securities laws and will be issued subject to an exemption from registration under the U.S. Securities Act of 1933, as
amended.
The Transaction
is an arm’s length “expedited acquisition” under the policies of the TSX Venture Exchange (the “TSXV”).
Closing is expected to occur on or about March 2, 2026, subject to customary conditions, including final acceptance of the TSXV.
About Quantum eMotion
The
Company's mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to its
patented Quantum Random Number Generator, QeM has become a pioneering force in classical and quantum cybersecurity solutions. This security
solution exploits quantum mechanics' built-in unpredictability and promises to provide enhanced protection for high-value assets and
critical systems. For further information, please visit our website at https://www.quantumemotion.com/ or contact us at: info@quantumemotion.com
The
Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure,
Classified Government Krown Technologies and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and
Quantum Cryptography.
For further information,
please visit our website at https://www.quantumemotion.com/ or contact:
Francis
Bellido, Chief Executive Officer
Tel: 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.com
Cautionary
Note regarding Forward-Looking Statements
This
news release contains “forward-looking information” within the meaning of applicable United States securities laws and Canadian
securities laws, which is based upon the Company’s current internal expectations, estimates, projections, assumptions and beliefs.
Such forward-looking statements and forward-looking information include, but are not limited to, statements concerning the Company’s
expectations with respect to the anticipated timing of closing of the Transaction; the ability of the parties to satisfy closing conditions;
expected integration of SecureKey™ with Sentry-Q; the anticipated performance, capabilities, and commercialization of the combined
architecture; the potential market opportunity; and expected earn-out milestones achievement. Forward-looking statements or forward-looking
information relate to future events and future performance and include statements regarding the expectations and beliefs of management
based on information currently available to the Company. Such forward-looking statements and forward-looking information often, but not
always, can be identified by the use of words such as “plans”, “expects”, “potential”, “is
expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations
of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”,
“might” or “will” be taken, occur or be achieved. Forward-looking information is based on management’s
current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially,
including: the risk that closing conditions are not satisfied; regulatory approvals (including TSXV acceptance); integration, development,
and deployment risks; cybersecurity and technology performance risks; intellectual property and patent risks; customer adoption and competitive
dynamics; and financing and market conditions, changes in legislation and regulation, changes in economic and political conditions and
other risks inherent to the cybersecurity industry and new technologies, such as risk of obsolescence, slow adoption and competing technological
advances; and those risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.
Should
one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially
from those described in forward-looking statements or forward-looking information. Although the Company has attempted to identify important
factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated,
estimated or intended. For more information on the Company and the risks and challenges of its business, investors should review the
Company’s annual filings that are available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov The Company provides
no assurance that forward-looking statements or forward-looking information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements and information. Accordingly, readers should not place undue reliance
on forward-looking statements and forward-looking information. Any forward-looking statement speaks only as of the date on which it is
made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
information.
Neither
TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Exhibit 99.2
MATERIAL CHANGE REPORT
FORM 51-102F3
Item 1 – Name and Address of Corporation
Quantum eMotion Corp. (“Quantum” or the
“Corporation”)
2300 Bd Alfred Nobel
Saint-Laurent, QC, H4S 2A4
Item 2 - Date of Material Change
February 24, 2026
Item 3 - News Release
A news release pertaining to the material change
being the subject of the present report was disseminated through Newsfile Corp. on February 24, 2026 and filed on SEDAR+.
Item 4 – Summary of Material Change
On February 24, 2026, the common shares of the
Corporation (the “Common Shares”) commenced trading on the NYSE American LLC ("NYSE American") under
the ticker "QNC".
Item 5 - Full Description of Material Change
5.1 Full Description of Material Change
The Common Shares remain listed on the TSX Venture
Exchange under the same symbol and continue trading on the Frankfurt Stock Exchange under the symbol "34Q0". The Common Shares
ceased trading on the OTCQB market upon listing on the NYSE American.
5.2 Disclosure for Restructuring Transactions
Not applicable.
Item 6 – Reliance on Section 7.1(2) of National Instrument
51-102
Not applicable.
Item 7 - Omitted Information
None.
Item 8 - Executive Officer
Marc Rousseau, Chief Financial Officer
Tel: (514) 886-0045
Email: info@quantumemotion.com
Item 9 - Date of Report
January 27, 2026