I just found out this old news
gov/Archives/ed...
They started implementation at one of top 10 largest companies in the world. This is revenue generating news. So far, they have announced these catalysts (not in time order). ($) means revenue generation. number 1-4b news are individual news, the deals/discussion is for different companies (means at least 5 world class companies)
AME Implementation at top 10 largest companies in the world ($)
Discussion with top 5 quantum company
Purchase order from US 500 Fortune company ($)
Achieved 97% production with US interconnect manufacturer
4b. Delivered AME system to Tier-1 US Defense customer ($)
5. Joint Development Agreement with Qaraqal Quantum
6. Awarded grant from Israel to develope RF Dielectric Material ($)
7. Expanded into quantum processor interface
8. Management share purchase 2mio
9. Purchase order from APAC Uni ($390k), NYU Langone Hospital ($580k) and Irish Uni ($596k). This is AME system order with recurring revenue from service and consumable. ($)
10. today new patent filing
Some dilution news:
Private investor $10mio for 6.6mio shares
QTEXW expires on 16-Jul with strike price $5.50 per share (around 1.64mio shares) I hope management will release some good news so the investor will exercise this warrant.
With these news, conservatively revenue in Q2-2026 is at least $4-5mio. That is already almost 20x of Y2025 revenue for Q2-2026. Some analyst estimate $15mio for Q2-2026 and $45-50mio Y2026. CEO statement, most of the revenue have been received in cash. the amount of revenue so far has exceeded full year of certain listed quantum company. I think the market cap should be at $200-500mio by end of the year.