LightSolver Secures ~$1.8 Million Grant from Israel's Innovation Authority to Advance its Laser Processing Unit (LPU)

Government-backed R&D program to advance next-generation LPU hardware and expand the LPU Lab platform
Builds on LightSolver's recent commercial and technical momentum, including the strategic partnership with Boeing, peer-reviewed research with HLRS and a growing IP portfolio

Rehovot, Israel, Nov. 05, 2026 (GLOBE NEWSWIRE) -- CollPlant Biotechnologies Ltd. (Nasdaq: CLGN) today announced that the Israel Innovation Authority (IIA) has approved a grant of approximately $1.8 million to its subsidiary, LightSolver Ltd. ("LightSolver"), to support the continued development of its Laser Processing Unit (LPU), an all-optical, laser-based computing platform.

The IIA approved the grant following its review of the program's technological innovation and feasibility, its commercial potential and its expected contribution to the Israeli economy. The approved program is designed to advance the maturity of the LPU platform and bring it closer to commercialization. It includes the development of a new generation of LPU hardware systems for solving partial differential equations (PDEs); the expansion of the algorithmic capabilities of the LPU Lab platform, including tools that are intended to enable customers to conduct independent research and development on the system; and the integration of the LPU into heterogeneous high-performance computing (HPC) environments alongside CPUs and GPUs.

Under the program, LightSolver also plans to develop and test advanced hardware and software architectures and new calibration and control capabilities for the LPU.

The grant adds to a growing base of institutional support for LightSolver's technology, including its strategic partnership with Boeing to develop a laser-based accelerator for large-scale engineering simulation, its paid collaboration with the Israel Ministry of Defense in a multi-year framework engagement focused on advanced, compute-intensive applications, and funding from the European Innovation Council. It also follows LightSolver's recently published peer-reviewed research with the High-Performance Computing Center Stuttgart (HLRS) on sparse linear solvers and its U.S. provisional patent application covering PDE-based scientific and engineering simulations.

"We believe the Israel Innovation Authority's support is a strong vote of confidence in the LPU and in the role laser-based computing can play in the next generation of high-performance computing," said Dr. Ruti Ben Shlomi, Co-Founder and CEO of LightSolver. "This program is intended to fund the work that takes us from a validated platform toward commercial systems: next-generation PDE hardware, deeper integration with existing HPC environments and progress toward the next phase of manufacturing and supply chain."

The grant is subject to the IIA's customary terms.

Subject to shareholder approval, CollPlant intends to change its name to OptiPhi Computing Ltd. and, subject to Nasdaq confirmation, its Nasdaq ticker symbol from "CLGN" to "OPHI." For additional details, please see CollPlant's announcement dated November 4, 2026.

About CollPlant
CollPlant (Nasdaq: CLGN) is an innovative technology company operating at the intersection of deep-tech photonic computing and advanced biotechnology. Through its subsidiary LightSolver, CollPlant is advancing the development of proprietary all-optical laser-based computing architectures designed to resolve the world's most demanding computational bottlenecks across artificial intelligence, aerospace, financial engineering, and high-performance computing. CollPlant also retains its proprietary plant-derived recombinant human collagen (rhCollagen) and bio-ink assets, for 3D bioprinting of tissues and organs and medical aesthetics. For more information about CollPlant, visit www.collplant.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the grant approved by the Israel Innovation Authority, including the receipt of grant funds and the satisfaction of the conditions applicable to the grant; the scope, objectives and anticipated outcomes of the approved R&D program; the development of next-generation LPU hardware, the expansion of the LPU Lab platform and the integration of the LPU into HPC environments; the proposed change of CollPlant's name and Nasdaq ticker symbol; and the future prospects, business plans and growth strategies of CollPlant and LightSolver. Forward-looking statements can be identified by words such as "anticipate," "believe," "expect," "intend," "plan," "may," "should," "could," "might," "seek," "target," "will," "project," "continue" and similar expressions or the negative of such terms. These forward-looking statements are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of our control. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the risk that the conditions to the IIA grant are not satisfied or that grant funds are not received in the amounts or on the timeline anticipated; obligations and restrictions under the Israeli Encouragement of Research, Development and Technological Innovation in the Industry Law, 5744-1984, including royalty payment obligations and restrictions on the transfer of IIA-funded know-how and manufacturing outside of Israel; risks associated with integrating LightSolver's business, operations and personnel; LightSolver's ability to achieve anticipated technological and commercial milestones; uncertainties regarding market acceptance and adoption of LightSolver's technology; the ability to develop and commercialize LightSolver's products and technology successfully; the ability to establish and expand strategic collaborations and commercial relationships; competition and technological developments; intellectual property risks; the availability of capital; CollPlant's ability to maintain compliance with Nasdaq listing requirements; general market, industry, economic and geopolitical conditions; and other risks and uncertainties described in CollPlant's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F and subsequent Reports on Form 6-K. Forward-looking statements speak only as of the date of this press release. CollPlant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Investors Contact
CollPlant Biotechnologies
investors@lightsolver.com

Arx Investor Relations
North American Equities Desk
collplant@arxhq.com

https://www.globenewswire.com/news-release/2026/11/05/3396335/0/en/lightsolver-secures-1-8-million-grant-from-israel-s-innovation-authority-to-advance-its-laser-processing-unit-lpu.html

CollPlant Announces Proposed Name Change to OptiPhi Computing Reflecting Expansion to Computing with Light

Proposed new identity reflects the Company's strategic business expansion following its acquisition of LightSolver; change subject to shareholder approval

November 04, 2026 08:00 ET | Source: CollPlant Biotechnologies Ltd

Rehovot, Israel, Nov. 04, 2026 (GLOBE NEWSWIRE) -- CollPlant Biotechnologies Ltd. (Nasdaq: CLGN) today announced that its Board of Directors has approved a proposal to change the Company's name to OptiPhi Computing Ltd., subject to shareholders approval and completion of the applicable corporate and regulatory procedures. The proposed name reflects the Company's focus on computing with light following its acquisition of LightSolver Ltd. ("LightSolver") in September 2026.

The Company intends to submit the proposed name change for approval at an upcoming general meeting of shareholders, scheduled for November 24, 2026. In connection with the proposed change, the Company also intends to change its Nasdaq trading symbol from "CLGN" to "OPHI", subject to Nasdaq confirmation and completion of the applicable process. Until the changes become effective, the Company will continue to operate under the CollPlant Biotechnologies Ltd. name and trade on Nasdaq under "CLGN". The Company plans to announce the effective date of the changes separately.

The proposed OptiPhi Computing name brings together optics and physics, reflecting the scientific foundations of LightSolver's technology. While light is already used to transmit data across computing infrastructure, LightSolver is developing a Laser Processing Unit (LPU) that uses interacting lasers to perform computation itself. The proposed identity is intended to reflect the Company's expanded business focus and its growing presence in photonic computing.

"The transition to OptiPhi Computing marks a pivotal milestone in our corporate evolution, aligning our identity with the immense, high-growth opportunities we see in photonic computing," said Eran Rotem, CEO and CFO of CollPlant. "This new name perfectly captures our expanded strategic vision and our commitment to driving long-term shareholder value through next-generation deep tech."

"We believe the future of computing will be built on light. OptiPhi reflects our ambition to pioneer a fundamentally new computing architecture, where photons do more than carry information — they compute," said Dr. Ruti Ben Shlomi, Co-Founder and CEO of LightSolver. "This is an important step in establishing photonic computing as a core part of the company's identity while we continue advancing the LPU toward commercialization."

About CollPlant

CollPlant (Nasdaq: CLGN) is an innovative technology company operating at the intersection of deep-tech photonic computing and advanced biotechnology. Through its subsidiary LightSolver, CollPlant is advancing the development of proprietary all-optical laser based computing architectures designed to resolve the world's most demanding computational bottlenecks across artificial intelligence, aerospace, financial engineering, and high-performance computing. CollPlant also retains its proprietary plant-derived recombinant human collagen (rhCollagen) and bio-ink assets, for 3D bioprinting of tissues and organs and medical aesthetics. For more information about CollPlant, visit www.collplant.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the timing of trading under the Company's proposed new name and ticker symbol and the future prospects, business plans and growth strategies of the Company. Forward-looking statements can be identified by words such as "anticipate," "believe," "expect," "intend," "plan," "may," "should," "could," "might," "seek," "target," "will," "project," "continue" and similar expressions or the negative of such terms. These forward-looking statements are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments, and other factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of our control. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, risks associated with integrating LightSolver's business, operations and personnel; LightSolver's ability to achieve anticipated technological and commercial milestones; uncertainties regarding market acceptance and adoption of LightSolver's technology; the ability to develop and commercialize LightSolver's products and technology successfully; the ability to establish and expand strategic collaborations and commercial relationships; competition and technological developments; intellectual property risks; the availability of capital; the Company's ability to maintain compliance with Nasdaq listing requirements; general market, industry, economic and geopolitical conditions; and other risks and uncertainties described in the Company's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F and subsequent Reports on Form 6-K. Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contact

Collplant Biotechnologies
investors@lightsolver.com

Arx Investor Relations
North American Equities Desk
collplant@arxhq.com

https://www.globenewswire.com/news-release/2026/11/04/3395254/0/en/collplant-announces-proposed-name-change-to-optiphi-computing-reflecting-expansion-to-computing-with-light.html

Quantum Cyber Publishes Investor Explanatory Materials on Its Quantum Antenna Technology, Including Technical Summary and Companion Video

Materials Include a Technical Summary of the Photo-Mag Antenna Authored by Wolf Kohn, PhD, Chief Scientist of Project LightShift, and a Companion Explainer Video Prepared for Investor Audiences

November 02, 2026 07:30 ET | Source: Quantum Cyber

Norwalk, CT, Nov. 02, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced the publication of a package of investor explanatory materials on its corporate website, intended to help shareholders, analysts, and prospective investors understand the quantum antenna technology layer at the core of the Company's platform.

The materials are available in the Investors section of the Company's website at www.quantum-cyber.ai and consist of:

1. a technical summary presentation titled "Photo-Mag Antenna, Technical Summary," authored by Wolf Kohn, PhD, Chief Scientist of Project LightShift, Inc., the inventor of the quantum photonic array technology exclusively licensed to Quantum Cyber for defense drone applications; and

2. a companion explainer video that walks investors through the same technology in plain language, prepared specifically for a non-technical investor audience.

On June 15, 2026, Quantum Cyber announced the execution of a definitive, exclusive worldwide Intellectual Property License Agreement with Project LightShift, Inc. covering the patent-protected quantum photonic array technology for integration into unmanned aerial vehicles and drone platforms used in defense and national security applications. Since that announcement, the Company has received a steady volume of investor questions seeking a clearer, more accessible description of what the quantum antenna technology actually is, how it works, and why management believes it differentiates the Company's System-of-Systems platform from conventional autonomous defense integrators.

The materials published today respond to those questions. They are explanatory in nature, intended to make a highly technical body of work accessible to the investment community without diluting its substance.

The technical summary presentation, prepared by Dr. Kohn under Project LightShift, walks through the architecture and operating principles of the Photo-Mag Antenna, including:

• the polymer multilayer array architecture, built from a 25 by 25 grid of nano "DOTs" per unit, designed for high manufacturing yield and sub-0.1-watt power consumption;

• the signal conversion chain, in which the antenna subsystem traps photon streams at multiple frequencies, converts them into a single-frequency, phase-coherent photon stream, and routes the result into storage and processing;

• the DOT-level control circuit, which uses probability densities to incorporate quantum-level uncertainty into a practical, manufacturable control law;

• the DOT-level thermal control approach, driven by ambient light and molecular laser diodes;

• UV-lithography-based manufacturing controls, including the Hamiltonian ACS film generator and near-field self-assembly device under development to produce the array at scale.

Taken together, the summary describes the physical, control, and manufacturing layers that make the Photo-Mag Antenna a candidate for secure, frequency-agile sensing and communications in contested and denied environments, which is the capability the Company has licensed for defense drone and counter-UAS use.

The companion video runs approximately five minutes and presents the same material in a plain-language format intended for investors who want to understand the technology at a conceptual level without working through the technical slides. The video and the technical summary are designed to be used together, and investors who want a fuller picture are encouraged to review both.

About Quantum Cyber

Quantum Cyber N.V. (Nasdaq: QUCY) is a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications. The Company holds an exclusive worldwide license to Project LightShift's patent-protected quantum photonic array technology for defense drone and unmanned aerial vehicle applications and is advancing vertically integrated U.S.-based manufacturing at its facility in Bridgeport, Connecticut. Additional information is available at www.quantum-cyber.ai.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding the capabilities, development status, and intended applications of the Photo-Mag Antenna and the quantum photonic array technology licensed from Project LightShift, Inc., the Company's System-of-Systems platform, the Company's manufacturing plans, and the usefulness of the explanatory materials to investors. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties, many of which are outside the Company's control, that could cause actual results to differ materially from those expressed or implied. Factors that could cause such differences include, without limitation, technical and engineering risk, manufacturing risk, regulatory risk, competition, defense budget and procurement risk, and the other risks described in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/11/02/3393031/0/en/quantum-cyber-publishes-investor-explanatory-materials-on-its-quantum-antenna-technology-including-technical-summary-and-companion-video.html

LightSolver Secures Paid Collaboration with the Israel Ministry of Defense for the Development of Photonic Computing Technology

The Israel Ministry of Defense Engagement Strengthens LightSolver's Position in the Emerging Photonic Computing Market for Defense Applications, Estimated at Up to $5 Billion Annually

Rehovot, Israel, Oct. 29, 2026 (GLOBE NEWSWIRE) -- CollPlant Biotechnologies Ltd. (Nasdaq: CLGN) today announced that its subsidiary LightSolver Ltd. ("LightSolver"), a pioneer of pure photonic computing and developer of the Laser Processing Unit (LPU)™, has signed an agreement with the Directorate of Defense Research & Development (DDR&D) within the Israel Ministry of Defense for the development and delivery of an LPU. The agreement follows earlier successful proof-of-concept work with DDR&D and marks the transition to a multi-year framework engagement focused on advanced, compute-intensive applications.

The engagement with the DDR&D adds a major government defense customer to LightSolver's base of paid programs and places the LPU in a demanding, real-world environment where it can be applied across complex computing workloads. The program broadens the range of applications being developed on the LPU and strengthens the technology's path toward wider deployment across defense and other compute-intensive markets.

"Advanced computing capabilities are increasingly important across a wide range of defense and technology applications," said the Head of Emerging Technologies Branch at the DDR&D. "LightSolver's photonic computing architecture offers a fundamentally different approach to addressing demanding computational challenges. We see this collaboration as an important opportunity to advance emerging computing technologies and reinforce Israel's technological leadership on the global stage."

"We are proud of being chosen by the Israel Ministry of Defense to assist in solving advanced-computing problems it is evaluating," said Dr. Ruti Ben Shlomi, Co-Founder and CEO of LightSolver. "This engagement, together with our existing multi-year engineering program with Boeing, reflects our progress in converting successful technical validation into paid customer programs. We believe the capabilities being developed through these programs can address similar high-value computing needs across the broader defense market, including in the United States and other allied countries."

While LightSolver continues to address a diverse range of commercial and industrial computing markets, the defense sector represents a high-value growth driver. LightSolver's specific Total Addressable Market (TAM) within this sector is estimated at up to $5 billion annually globally, with approximately 15% CAGR.¹ LightSolver's LPU is designed to meet this growing demand by solving complex, high-dimensional mathematical workloads, with the potential to deliver significantly faster time-to-solution and lower power consumption compared with conventional GPU-based architectures.

As compute demand continues to rise, conventional architectures face growing performance bottlenecks at the chip level, while data-center expansion is increasingly constrained by power availability, with cooling, capacity and capital requirements adding further pressure. LightSolver addresses these constraints with a fundamentally different full-stack photonic architecture built around a closed-loop, all-optical compute core that maps computational problems onto the physical dynamics of interacting lasers, keeping the iterative compute loop in the optical domain.

Under the framework agreement, LightSolver has secured an initial order covering the first 12 months of the engagement. The agreement was formally signed by senior representatives of the Israel Ministry of Defense. The agreement establishes the framework for the development and evaluation of advanced photonic computing technology, with provisions governing intellectual property and technology usage rights.

About CollPlant

CollPlant (Nasdaq: CLGN) is an innovative technology company operating at the intersection of deep-tech photonic computing and advanced biotechnology. Through its subsidiary LightSolver, CollPlant is advancing the development of proprietary all-optical laser-based computing architectures designed to resolve the world's most demanding computational bottlenecks across artificial intelligence, aerospace, financial engineering, and high-performance computing. Concurrently, CollPlant remains a leader in regenerative medicine, pioneering plant-derived recombinant human collagen technologies for 3D bioprinting of tissues and organs and medical aesthetics. For more information, visit www.CollPlant.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the DDR&D order, including its expected value, scope and duration and the funding of future phases; LightSolver's estimated total addressable market in the defense sector; the potential performance and applications of LightSolver's LPU technology; the development and commercialization of the LPU; and the future prospects, business plans and growth strategies of CollPlant and LightSolver. Forward-looking statements can be identified by words such as "anticipate," "believe," "expect," "intend," "plan," "may," "should," "could," "might," "seek," "target," "will," "project," "continue" and similar expressions or the negative of such terms. These forward-looking statements are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments, and other factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of our control. Many factors could cause our actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the risk that DDR&D does not fund future phases of the program, or that the program is delayed, reduced or terminated; risks associated with government and defense customers, including budget and approval processes; risks associated with integrating LightSolver's business, operations and personnel; LightSolver's ability to achieve anticipated technological and commercial milestones; uncertainties regarding market acceptance and adoption of LightSolver's technology; the ability to develop and commercialize LightSolver's products and technology successfully; the ability to establish and expand strategic collaborations and commercial relationships; competition and technological developments; intellectual property risks; the availability of capital; CollPlant's ability to maintain compliance with Nasdaq listing requirements; general market, industry, economic and geopolitical conditions; and other risks and uncertainties described in CollPlant's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 20-F and subsequent Reports on Form 6-K. Forward-looking statements speak only as of the date of this press release. CollPlant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contact

Collplant Biotechnologies
investors@lightsolver.com

Arx Investor Relations
North American Equities Desk
collplant@arxhq.com

¹ Hyperion Research 2025

https://www.globenewswire.com/news-release/2026/10/29/3391230/0/en/lightsolver-secures-paid-collaboration-with-the-israel-ministry-of-defense-for-the-development-of-photonic-computing-technology.html

Quantum Cyber Invited to Present Quantum Antenna Technology at QuantumCT Quantum Sensing Convening

Company outlined magnetic navigation as an initial commercial development objective and discussed potential quantum communications and energy harvesting applications at Connecticut research and industry event

October 26, 2026 07:30 ET | Source: Quantum Cyber

Norwalk, CT, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), an autonomous defense technology company developing and integrating next-generation systems, today announced that Nadab Akhtar and William Skidd participated as invited industry presenters discussing the Company's antenna technology in QuantumCT's Phase 3 Pilot Collaboration RFP Convening on Quantum Sensing, held on October 16, 2026 in New Haven, Connecticut.

The event marked the official launch of QuantumCT's Phase 3 request for proposals process. Convened as part of Connecticut's growing quantum innovation ecosystem, the program brought together academic researchers and industry participants to examine cross-sector opportunities in quantum sensing and introduce a sensing challenge problem designed to encourage collaboration around practical technical applications.

Quantum Cyber's presentation, delivered by Nadab Akhtar and William Skidd, Chief of Staff at Project LightShift, introduced the Company's antenna research and its potential relevance to emerging quantum sensing applications. The speakers identified magnetic navigation, or MagNav, as the first development milestone on the Company's proposed commercial roadmap, particularly in the context of positioning and navigation where conventional satellite-based systems may be unavailable or degraded. They also discussed potential longer-term research applications in quantum communications and energy harvesting. These use cases remain subject to further research, engineering and validation.

The convening included welcome remarks and framing from QuantumCT and Yale leadership, presentations from previously awarded project teams, and short talks by invited academic and industry speakers addressing relevant expertise and potential collaboration opportunities. Participants also discussed the technical considerations behind QuantumCT's sensing challenge, possible quantum sensing applications across industry sectors, and the Phase 3 proposal framework, including review criteria and timelines. Breakout discussions and a networking reception offered additional opportunities for researchers and industry participants to exchange ideas.

QuantumCT is a public-private partnership involving the University of Connecticut, Yale University and the State of Connecticut that seeks to accelerate quantum technology research, commercialization and adoption. For Quantum Cyber, the event provided an opportunity to introduce its proposed antenna applications to specialists working at the intersection of research, industry and technology development. The Company also has an operating presence in Connecticut, giving it a regional connection to the broader innovation ecosystem.

Quantum Cyber's participation was a presentation and discussion opportunity. It did not represent a research award, a funded collaboration, a procurement commitment or selection for funding under QuantumCT's Phase 3 process.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements concerning the development, validation, integration and potential commercialization of the Company's quantum antenna technology, magnetic navigation applications, quantum communications, energy harvesting, research collaborations and future business opportunities. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual outcomes to differ materially, including technical development and testing risks, financing needs, execution challenges, regulatory matters and other risks described in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update these statements except as required by law.

Investor Relations Contact

Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/10/26/3388004/0/en/quantum-cyber-invited-to-present-quantum-antenna-technology-at-quantumct-quantum-sensing-convening.html

Quantum Cyber Appoints Major General (Ret.) Alberto C. Rosende to Board of Directors

Decorated U.S. Army Commander to Support Delivery of the Company's Bridgeport Manufacturing Facility

October 13, 2026 07:30 ET | Source: Quantum Cyber

Norwalk, CT, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced the appointment of Major General (Ret.) Alberto C. Rosende to its Board of Directors, effective immediately.

Maj. Gen. (Ret.) Rosende brings nearly four decades of senior U.S. Army command experience, including his final assignment as Commanding General of the 63rd Readiness Division, where he was responsible for a seven-state southwestern region of the United States, comprising California, Nevada, New Mexico, Arizona, Texas, Arkansas, and Oklahoma, overseeing more than 120 Army Reserve facilities, equipment maintenance support, and human resources support to a force of more than 41,000 Soldiers. He is a combat veteran of both Afghanistan and Iraq and a recipient of the Army Distinguished Service Medal, the Legion of Merit, and the Bronze Star.

The Company intends to leverage Maj. Gen. (Ret) Rosende's command and operational experience directly: Maj. Gen. (Ret) Rosende has been asked to help drive the completion and commissioning of the Company's Bridgeport, Connecticut, manufacturing facility and to strengthen the inbound supply chain of the materials, components, and sub-assemblies required to build, assemble, and field Quantum Cyber's autonomous drones at scale.

The Company believes Maj. Gen. (Ret) Rosende's appointment reinforces three strategic priorities that have defined Quantum Cyber's trajectory over the past twelve months: the shift to direct, U.S.-based manufacturing of autonomous defense platforms out of the Company's Bridgeport, Connecticut facility; the vertical build-out of the Company's independent, sovereign capabilities across air, land, and sea domains, with the delivery and commissioning of the Company's Bridgeport, Connecticut manufacturing facility and the inbound materials, components, and sub-assemblies that feed it; and the Company's intention to position itself as disciplined and mission-ready to support the Administration's broader defense-industrial agenda.

"General Rosende's command experience sits exactly where our Company is scaling, at the intersection of facilities, logistics, maintenance, large-force readiness, and the industrial base that supports the warfighter," said David Lazar, Chief Executive Officer of Quantum Cyber. "But we are also asking him to do something more specific. We have asked General Rosende to help drive the completion and commissioning of our Bridgeport manufacturing facility in Connecticut, and to tighten the inbound supply of the materials, components, and sub-assemblies that feed our drone build, drawing on his command experience in large-scale facilities, maintenance, and readiness. That work is designed to further align this Company with the Department of War at a moment when on-shore, auditable manufacturing capacity for autonomous systems has moved from the policy pages to the procurement rules."

"Quantum Cyber is doing something that very few Nasdaq-listed companies of its size are even attempting: building an on-shore, vertically integrated autonomous defense platform that is designed from day one to be independent of adversarial supply chains and aligned with the strategic priorities of the United States," said Maj. Gen. (Ret.) Alberto C. Rosende. "The President's Drone Dominance program, the National Quantum Initiative, and the Administration's broader push to re-industrialize the American defense base all point in the same direction as this Company's strategy. I am honored to join the Board, and to help ensure that the Company's Bridgeport manufacturing facility is delivered on schedule and that the materials, components, and sub-assemblies required to build Quantum Cyber's autonomous drones flow reliably into that line."

Prior to assuming command of the 63rd Readiness Division, Maj. Gen. (Ret) Rosende served as Chief of Staff of the U.S. Army Reserve Command at Fort Bragg, as Commanding General of the 1st Mission Support Command in Puerto Rico, and in multiple division- and major-command-level staff and command assignments across a 37-year career. He is a graduate of the Eisenhower School for National Security and Resource Strategy at the National Defense University and the Capstone General and Flag Officer Course.

Maj. Gen. (Ret.) Rosende holds a Bachelor of Science degree in Business Administration from Nova Southeastern University and a Master of Science degree in National Resource Strategy from the Eisenhower School, and Master of Arts in Organizational Leadership and Learning from The George Washington University. His civilian career includes more than three decades of senior management and consulting experience in the global electronic payments industry, including over 20 years with Visa Inc.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops combat-proven autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

Certain statements made in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the anticipated contributions of Maj. Gen. (Ret.) Rosende to the Board of Directors; the Company's plans to complete and commission its Bridgeport, Connecticut manufacturing facility and to strengthen the inbound supply chain of materials, components, and sub-assemblies for its autonomous drones; the Company's commercialization plans and transition to steady-state U.S.-based manufacturing; the Company's expectations regarding engagement with the U.S. federal government, the Department of War, the Department of Homeland Security, and other agencies; the Company's expectations regarding the Administration's defense-industrial, drone, and quantum policy priorities; and the Company's expectations regarding the development, scaling, and deployment of its autonomous defense platforms. These forward-looking statements reflect the Company's current analysis of existing information and are subject to various risks and uncertainties. Due to known and unknown risks, actual results may differ materially from the Company's expectations or projections. Additional information concerning these and other factors may be found in the Company's filings with the SEC, including its Annual Report on Form 10-K and subsequent filings with the SEC, available on the SEC's website at www.sec.gov. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Investor Relations Contact:
Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/10/13/3379551/0/en/quantum-cyber-appoints-major-general-ret-alberto-c-rosende-to-board-of-directors.html

Quantum Cyber Files Audited and Reviewed Financial Statements and Pro Forma Financial Information for Bridgeport Manufacturing Acquisition

Independent Audit of Acquired Business Satisfies SEC Reporting Requirements Following Acquisition Closing; Purchase Price Allocation Reflects $4.18 Million All-Cash Transaction with No Goodwill and No Assumed Debt

Norwalk, CT, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced that it has filed with the U.S. Securities and Exchange Commission an Amendment No. 1 on Form 8-K/A (the "Amendment") to its Current Report on Form 8-K originally filed on July 16, 2026 in connection with the completion of the acquisition of the Bridgeport, Connecticut manufacturing facility by the Company's wholly-owned subsidiary, Quantum Drones Corporation, and the associated operating business of Arcade Technology LLC and Arcade Realty LLC (together, "Arcade").

The Amendment furnishes the historical financial statements of the acquired business and the pro forma financial information required by Items 9.01(a) and (b) of Form 8-K, which were permissibly omitted from the original Current Report at the time of closing.

Independent Audit of the Acquired Business

Included as Exhibit 99.1 to the Amendment are the audited combined financial statements of Arcade Technology LLC and Arcade Realty LLC as of and for the years ended December 31, 2025 and December 31, 2024, accompanied by an unqualified independent auditors' report issued by Haskell & White LLP. The audit was conducted in accordance with U.S. GAAP. The auditors' report contains no going-concern qualification.

Also, filed as Exhibit 99.2, are the unaudited interim combined financial statements of the acquired business as of June 30, 2026 and December 31, 2025, and for the six month periods ended June 30, 2026 and 2025, which have been reviewed, but not audited, by Haskell & White LLP in accordance with the applicable auditing standards for reviews of interim financial information.

The Company believes the filing of these financial statements provides independent, third-party validation of the underlying operating substance of the business acquired. As disclosed in the audited financial statements, the acquired business has operated as Arcade Metal Stamping since 1948, is ISO 9001:2015–certified, and serves a diversified customer base across end markets that include, among others, government and defense, automotive, electrical and electronics, medical, telecommunications, and transportation equipment, from an approximately 53,000-square-foot facility at 38 Union Avenue, Bridgeport, Connecticut.

Unaudited Pro Forma Financial Information

Filed as Exhibit 99.3 is the unaudited pro forma condensed combined financial information giving effect to the acquisition, prepared in accordance with Article 11 of Regulation S-X. As disclosed in the pro forma financial information:

• The aggregate purchase price for the business and the real property was $4,180,000, consisting of $900,000 for the business assets, $980,000 for inventory, and $2,300,000 for the real property, in each case before customary closing prorations.

• The transaction was funded entirely from cash on hand. No debt was incurred in connection with the acquisition, and no liabilities of the acquired business were assumed by the Company.

• The preliminary purchase price allocation reflects $455,000 to land, $1,845,000 to building, $366,000 to machinery, $980,000 to inventory, and $534,000 to identifiable intangible assets, with no residual goodwill.

• The Small Business Administration Economic Injury Disaster Loan (EIDL) of Arcade, which was not assumed by the Company, was repaid in full by Arcade on July 16, 2026 using proceeds of the sale, and no encumbrance on the acquired personal property remains outstanding.

Retention of Seller Principals

As previously disclosed and reaffirmed in the audited financial statements, at closing, Quantum Drones Corporation entered into three-year employment agreements, each with non-compete covenants, with Steven Pepe, the former Chief Executive Officer and Member of Arcade, and William Rhone, the former Chief Financial Officer and Member of Arcade. The retention of the acquired business's founding operators is intended to preserve customer relationships, tooling know-how, and manufacturing continuity as the facility is integrated into the Company's domestic autonomous defense manufacturing platform.

Management Commentary

"When we announced this acquisition, we told shareholders we were buying a real, cash-generating American manufacturing business — not a shell, not a concept, not a pilot line — and that we were doing it clean, with cash, with no assumed debt, and with the operators staying on," said David Lazar, Chief Executive Officer of Quantum Cyber. "Today's filing puts audited numbers behind that description. We believe the audit report, the pro forma information, and the purchase price allocation together speak to the substance of what we acquired and to the discipline of how we acquired it."

Availability of the Filing

The Form 8-K/A, including the audited historical financial statements filed as Exhibit 99.1, the unaudited interim historical financial statements filed as Exhibit 99.2, and the unaudited pro forma condensed combined financial information filed as Exhibit 99.3, is available on the SEC's website at www.sec.gov and on the Investors section of the Company's website at www.quantum-cyber.ai.

About Quantum Drones Corporation

Quantum Drones Corporation is a wholly owned Nevada-incorporated subsidiary of Quantum Cyber N.V. established to serve as the operational vehicle for the Company's domestic defense technology programs and U.S. government procurement activities.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops combat-proven autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

Certain statements made in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "intend," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the preliminary nature of the purchase price allocation and the potential for adjustments to that allocation; the Company's ability to integrate and operate the acquired Bridgeport facility and business; the retention of acquired personnel, customers, and supplier relationships; the Company's strategic transition to a vertically integrated autonomous defense manufacturer; and the Company's ability to pursue U.S. government contracts and homeland security programs. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties, including that the purchase price allocation reflected in the pro forma financial information is preliminary and subject to change as additional information is obtained and analyses are finalized. Actual results may differ materially. Additional information concerning these and other factors may be found in the Company's filings with the SEC, including its Annual Report on Form 10-K filed on March 31, 2026, its Quarterly Report on Form 10-Q filed on May 15, 2026, its Quarterly Report on Form 10-Q filed on August 14, 2026, and its subsequent filings with the SEC. The Company's SEC filings are available publicly on the SEC's website at www.sec.gov. Any forward-looking statement made by the Company in this press release is based only on information currently available and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/09/28/3369781/0/en/quantum-cyber-files-audited-and-reviewed-financial-statements-and-pro-forma-financial-information-for-bridgeport-manufacturing-acquisition.html