Quantum Computing Inc. Secures $750 Million in Oversubscribed Private Placement

Quantum Computing Inc. (NASDAQ: QUBT), an integrated photonics and quantum optics technology company, has entered into securities purchase agreements with institutional investors for the sale of 37,183,937 shares of common stock in an oversubscribed private placement priced at the market under Nasdaq rules. The offering, for expected gross proceeds of $750 million, is scheduled to close on or about October 8, 2025, subject to customary conditions. Titan Partners Group, a division of American Capital Partners, acted as sole placement agent for the transaction.

The company plans to use the proceeds to accelerate commercialization efforts, pursue strategic acquisitions, establish volume production capabilities, expand sales and engineering teams, and for working capital and general corporate purposes. This significant capital infusion represents a major milestone for the quantum computing industry, demonstrating strong institutional investor confidence in the commercial potential of quantum technologies.

CEO and Chairman Dr. Yuping Huang emphasized that this financing increases total capital raised since November 2024 to $1.64 billion, positioning QCi with one of the strongest balance sheets in the quantum sector. This substantial financial backing supports the company's transition from a technology innovator to a leading quantum hardware manufacturer. The oversubscribed nature of the private placement indicates robust market interest in quantum computing technologies and suggests growing recognition of the sector's commercial viability.

Quantum Computing Inc. provides accessible and affordable quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate (TFLN). The company's products are designed to operate at room temperature and low power at an affordable cost, addressing key barriers to quantum computing adoption. The company's portfolio of core technologies and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, and cybersecurity, as well as remote sensing applications. For additional information about the company's technology and offerings, visit https://quantumcomputinginc.com/.

The successful completion of this financing round represents a significant validation of the quantum computing market's growth potential and suggests increasing institutional confidence in the sector's commercial prospects. The substantial capital raise enables QCi to accelerate its commercialization timeline and potentially capture market share in the emerging quantum computing industry. This development comes at a time when quantum computing is increasingly recognized as a transformative technology with applications across multiple industries including finance, pharmaceuticals, and materials science.