DealsJun 15, 2026, 04:12 PM
Quantum Cyber Licenses Quantum Antenna IP for Defense Drones
AI Summary
MAINZ BIOMED N.V., now operating as Quantum Cyber, has entered into a significant Intellectual Property License Agreement with Project LightShift. This deal grants Quantum Cyber an exclusive worldwide license to Project LightShift's quantum antenna technology, specifically for defense and national security applications in unmanned aerial vehicles and drone platforms. The agreement involves a cash payment of $1 million and $5 million in restricted shares, with Project LightShift tasked to deliver a prototype by December 31, 2026. Additionally, Nadab Akhtar will serve as a Special Advisor to Quantum Cyber.
Key Highlights
- MAINZ BIOMED N.V. (now Quantum Cyber) enters IP license agreement with Project LightShift.
- License covers quantum antenna systems for defense and national security drone applications.
- Consideration includes $1 million cash and $5 million in restricted ordinary shares.
- Project LightShift to deliver a prototype by December 31, 2026.
- Quantum Cyber secures exclusive worldwide license to patent-protected quantum photonic array technology.
- Nadab Akhtar to be appointed Special Advisor to Quantum Cyber on quantum technologies.
Price Impact
More from QUCY