Announcement • Jun 17
QuantumCore Ltd. Achieves Major Breakthrough In Quantum Amplifier Technology And Accelerates Commercialization Timeline QuantumCore Ltd. had announced a significant technical breakthrough in the development of its kinetic inductance traveling wave parametric amplifier (KI-TWPA) platform, achieving performance levels that approach rival existing semiconductor-based amplification technologies. As a result of the recent technical achievements, QuantumCore Ltd. is accelerating its commercialization timeline. The company expects to begin shipping evaluation units to select customers under non-disclosure agreements in the coming weeks, enabling integration testing and performance validation within quantum computing programs. The breakthrough addresses one of the most critical infrastructure bottlenecks facing the quantum computing industry as systems scale beyond 1,000 qubits, a milestone expected to be reached across multiple quantum computing architectures beginning in 2027. Quantum computers operate at temperatures approaching absolute zero, where even small amounts of heat can dramatically impact performance, scalability, and operating costs. Conventional semiconductor amplifiers introduce heat into the cryogenic environment, requiring additional cooling capacity and limiting system density. QuantumCore Ltd.'s superconducting KI-TWPA technology provides high-performance signal amplification while dissipating a fraction of the power consumed by semiconductor alternatives. The successful demonstration of the technology also enables QuantumCore Ltd. to begin formal engagement with foundry partners for future volume manufacturing. Discussions are expected to focus on establishing scalable fabrication processes capable of supporting growing demand from quantum computing companies as the industry transitions from research-scale systems to commercial deployment. The company will continue to invest aggressively in research and development focused on integrating additional critical infrastructure functions directly into the amplifier platform. As quantum computers scale to tens of thousands and ultimately millions of qubits, physical space within dilution refrigerators is expected to become increasingly constrained, creating a need for highly integrated cryogenic infrastructure solutions. QuantumCore Ltd. believes its KI-TWPA platform, combined with its growing portfolio of quantum infrastructure technologies, positions the company to become a key supplier of enabling technologies across the quantum computing ecosystem. Board Change • Jun 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Rory McGillis is the most experienced director on the board, commencing their role in 2026. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • May 25
QuantumCore Ltd, Annual General Meeting, Jul 20, 2026 QuantumCore Ltd, Annual General Meeting, Jul 20, 2026. 