Quantum Cyber N.V. (Nasdaq: QUCY) announced on November 12, 2026, that it has filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2026. The filing marks the company’s first reported revenue since a strategic pivot to autonomous defense technologies. For the three months ended September 30, 2026, the company reported revenue of $966,833 from continuing operations, compared to no revenue in the prior year periods. This revenue was generated by a precision metal stamping and fabrication business acquired on July 15, 2026, operating out of the Bridgeport, Connecticut facility. The revenue was derived from three product lines—electrical components, tooling, and general metal stamping products—and was spread across four customers, each accounting for between 10% and 15% of the quarterly total.
In addition to revenue, the company disclosed an $8.0 million funding commitment from its Chief Executive Officer and Chair of the Board, David Lazar. The commitment, provided on November 11, 2026, is intended to supplement working capital through November 30, 2027, to support the build-out of the Bridgeport facility and the advancement of the Quantum Drones programs. The company also reported significant balance sheet improvements, with shareholders’ equity increasing to approximately $16.2 million at September 30, 2026, up from $0.6 million at December 31, 2025. This increase was driven by approximately $15.2 million in proceeds from the exercise of warrants and $6.0 million from the issuance of preferred shares during the nine months ended September 30, 2026.
Operational developments include the completion of an 80-unit 3D printing production farm at the Bridgeport facility in August 2026. The company anticipates beginning drone manufacturing and sales in early 2027, subject to further build-out and procurement. On November 6, 2026, the company expanded the field of use for its Project LightShift quantum antenna license to include unmanned surface and underwater vehicles, maritime platforms, homeland security, and law enforcement applications. The company also resolved a legacy legal claim with Boustead Securities, LLC, paying $250,000 and terminating the April 2021 engagement letter, including related rights to fees and future financing rights.
