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Quantum Computing makes $110 million move nobody saw coming
Yahoo Finance· 2025-12-18 02:26
Quantum Computing (QUBT), or QCi, a provider of affordable computing machines and integrated photonic technology, is making a bold bet at a dynamic time for the quantum tech industry. The company has agreed to acquire recently bankrupt Luminar’s semiconductor business unit in an all-cash transaction, betting that Luminar’s photonics expertise originally built for LiDAR can help speed QCi’s push towards commercial quantum systems. The acquisition of Luminar Semiconductor, Luminar’s photonics and chip div ...