On June 11, 2026, Quantum Cyber N.V. entered into an Intellectual Property License Agreement with Project LightShift for quantum antenna systems designed for unmanned aerial vehicles and drone platforms in defense and national security applications. Consideration includes $1,000,000 in cash installments and $5,000,000 in restricted ordinary shares issued over eight quarterly installments. LightShift must deliver a prototype by December 31, 2026, granting the company a 120-day right of first negotiation for further commercial arrangements upon successful demonstration. Additionally, Nadab Akhtar was appointed as Special Advisor on quantum technologies, and LightShift entered into a voting agreement to support Board-recommended proposals. The company operates in the cybersecurity and quantum technology industry, providing advanced security solutions.
