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Quantum Cyber expands drone license to maritime uses

The revised license adds maritime and government security applications and changes revenue sharing for sublicenses and improvements.

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Form Type
8-K

Rhea-AI Filing Summary

Quantum Cyber N.V. said its wholly owned subsidiary, Quantum Drones Corporation, amended its intellectual-property license with Project LightShift, Inc. on November 6, 2026. The amendment expands permitted applications beyond unmanned aerial systems to unmanned surface and underwater vehicles and related maritime platforms, adds homeland security, law enforcement and other governmental security applications, and expands licensed products to quantum photonic array technology.

Quantum Drones may sublicense in its sole discretion without LightShift’s consent and pays LightShift 10% of Sublicense Income. LightShift’s royalty to Quantum Drones on Net Revenues from commercialized Improvements rises from 5% to 10%, with a further 10% payment on LightShift’s Sublicense Income from Improvements. After Quantum Drones recovers four times its Development Costs, it must pay LightShift a royalty equal to 100% of the cost attributable to the quantum photonic array in each end-use sale, subject to limitations. LightShift also receives a license outside the Field of Use to Licensee Field Improvements developed by Quantum Drones, subject to royalties of 10% of Net Revenues received by LightShift or its Affiliates attributable to Commercial Sales.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Sublicense Income payment to LightShift 10% Quantum Drones pays this share when it grants sublicenses.
Royalty on commercialized Improvements 5% to 10% LightShift’s royalty to Quantum Drones on Net Revenues.
Improvement Sublicense Income payment 10% Payment to Quantum Drones from LightShift’s Sublicense Income from Improvements.
Development Costs recovery threshold four times Development Costs Threshold after which Quantum Drones owes the array-cost royalty on each end-use sale.
End-use sale royalty 100% of the cost attributable to the quantum photonic array Payment to LightShift after Quantum Drones recovers four times its Development Costs, subject to limitations.
Licensee Field Improvements royalty 10% of Net Revenues Royalties on Commercial Sales received by LightShift or its Affiliates.
Field of Use technical
"expands the Field of Use beyond unmanned aerial systems"
A contractual restriction that specifies the particular uses, industries, or applications for which intellectual property rights or licenses are granted. It limits what a licensee can do with a technology, product, or process—for example allowing use in healthcare but not in consumer electronics—so it shapes who can sell, build on, or earn from the asset. Think of it like renting a space that you are allowed to use only as an office, not as a retail store.
Sublicense Income financial
"paying LightShift ten percent (10%) of Sublicense Income"
Net Revenues financial
"royalty payable by LightShift to Quantum Drones on Net Revenues"
Net revenues represent the total amount of money a company earns from its main business activities after subtracting refunds, discounts, and returns. It shows the actual income generated from sales that the company keeps. For investors, net revenues provide a clearer picture of a company's true sales performance and help assess its overall financial health.
Development Costs financial
"after it recovers four (4) times its Development Costs"
Licensee Field Improvements technical
"a license, outside the Field of Use, to Licensee Field Improvements"

FAQ

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

What royalties does the QUCY license amendment set?

Quantum Drones pays LightShift 10% of Sublicense Income. LightShift pays Quantum Drones 10% of Net Revenues from commercialized Improvements, up from 5%, and an additional 10% of LightShift’s Sublicense Income from Improvements. The amendment also sets other payments tied to end-use sales and Commercial Sales.

When does Quantum Drones owe LightShift a payment tied to quantum photonic arrays?

After Quantum Drones recovers four times its Development Costs, it must pay LightShift a royalty equal to 100% of the cost attributable to the quantum photonic array in each end-use sale, subject to certain limitations.

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

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false 0001874252 00-0000000 0001874252 2026-11-06 2026-11-06 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 6, 2026

 

Quantum Cyber N.V.

(Exact Name of Registrant as Specified in its Charter)

 

The Netherlands   001-41010   N/A

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

200 Connecticut Avenue, Suite 400, Norwalk, CT 06854

(Address of Principal Executive Offices) (Zip Code)

 

+1 (203) 851-1599

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange On Which Registered
Ordinary Shares, nominal value €0.01 per share   QUCY   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

As previously disclosed, on June 11, 2026, Quantum Cyber N.V. (the “Company”) entered into an Intellectual Property License Agreement (the “License Agreement”) with Project LightShift, Inc. (“LightShift”), pursuant to which LightShift granted the Company a license to use certain intellectual property owned or controlled by LightShift (collectively, the “Licensed Technology”). The Company subsequently assigned the License Agreement to Quantum Drones Corporation, a wholly owned subsidiary of the Company (“Quantum Drones”), as permitted by Section 14.9 of the License Agreement.

 

On November 6, 2026, Quantum Drones and LightShift entered into the First Amendment to the License Agreement (the “First Amendment”). Capitalized terms used but not defined herein have the meanings ascribed to them in the License Agreement, as amended by the First Amendment. The First Amendment, among other things: (i) expands the Field of Use beyond unmanned aerial systems to include unmanned surface and underwater vehicles and related maritime platforms, adds homeland security, law enforcement and other governmental security applications, and expands Licensed Products from quantum antenna systems to quantum photonic array technology, including antenna systems, for those unmanned systems; (ii) permits Quantum Drones to grant sublicenses in its sole discretion, without LightShift’s consent, with Quantum Drones paying LightShift ten percent (10%) of Sublicense Income; (iii) increases the royalty payable by LightShift to Quantum Drones on Net Revenues from commercialized Improvements from five percent (5%) to ten percent (10%) and adds a new payment to Quantum Drones of ten percent (10%) of LightShift’s Sublicense Income from Improvements; (iv) requires Quantum Drones, after it recovers four (4) times its Development Costs, to pay LightShift a royalty equal to one hundred percent (100%) of the cost attributable to the quantum photonic array in each end-use sale, subject to certain limitations, such that the license is no longer royalty-free; and (v) grants LightShift a license, outside the Field of Use, to Licensee Field Improvements developed by Quantum Drones, subject to royalties of ten percent (10%) of Net Revenues received by LightShift or its Affiliates attributable to such Commercial Sales. Except as amended by the First Amendment, the License Agreement remains in full force and effect.

 

The foregoing description of the First Amendment is a summary only, does not purport to be complete and is qualified in its entirety by reference to the full text of the First Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

1

 

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.   Description
10.1*   First Amendment to IP License Agreement, dated as of November 6, 2026, by and between Project LightShift, Inc. and Quantum Drones Corporation.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

* Certain schedules to this exhibit have been omitted pursuant to Regulation S-K Item 601(a)(5). The registrant agrees to furnish supplementally a copy of any omitted schedule to the Securities and Exchange Commission upon request.

 

2

 

 

SIGNATURES

 

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 hereunto duly authorized.

 

  Quantum Cyber N.V.
     
  By: /s/ David Lazar
  Name: David Lazar
  Title: Chief Executive Officer
     
Dated: November 12, 2026    

 

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Filing Exhibits & Attachments

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