AcquisitionsJul 1, 2026, 04:07 PM
Quantum Cyber Acquires Manufacturing Facility for $3.2M
AI Summary
Quantum Cyber N.V., through its subsidiary Quantum Drones Corporation, has signed definitive agreements to acquire substantially all assets of Arcade Technology LLC and the real property from Arcade Realty LLC for an aggregate consideration of $3.2 million. The acquisition includes a 50,000-square-foot industrial facility in Bridgeport, Connecticut, and installed manufacturing equipment. This move is a foundational step in Quantum Cyber's strategic transition from a technology licensing company to a vertically integrated domestic defense manufacturer, aiming to build production infrastructure for autonomous defense systems.
Key Highlights
- Quantum Drones Corporation to acquire assets and property for $3.2 million.
- Asset Purchase Agreement for Arcade Technology LLC's business assets valued at $900,000 plus inventory.
- Purchase and Sale Agreement for 38 Union Avenue property for $2.3 million.
- Acquired property is a 50,000-square-foot industrial facility on 1.09 acres.
- Acquisition includes metal-forming and machining assets, and an experienced fabrication team.
- A $300,000 deposit was made for the property acquisition.
- Arcade Realty LLC to place $250,000 into escrow for indemnification.
- Acquisition supports Quantum Cyber's transition to a vertically integrated defense manufacturer.
Price Impact
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