QCi Finalizes $5 Million Acquisition of NuCrypt to Expand Quantum Communications Portfolio
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QCi Finalizes $5 Million Acquisition of NuCrypt to Expand Quantum Communications Portfolio Quantum Computing Inc. (Nasdaq: QUBT) finalized its acquisition of NuCrypt, LLC, a quantum communications technology company, for $5 million in a cash and stock transaction on March 5, 2026. This acquisition establishes quantum communications as a core commercial vertical within QCi’s hardware strategy. QCi intends to integrate its thin-film lithium niobate (TFLN) technology with NuCrypt’s systems to reduce device footprints and improve the scalability of secure communication products. NuCrypt now operates as a wholly owned subsidiary of QCi. Founded in 2003, NuCrypt brings over two decades of experience in quantum optics and RF-photonics. The company is a member of the Chicago Quantum Exchange and has historically collaborated with institutions such as Fermilab, Argonne National Laboratory, and Northwestern University. Its technology has been utilized by NASA, the U.S.
Army Research Laboratory, and research institutions across Europe and Australia. The acquisition adds NuCrypt’s patent portfolio in photonic signal processing to QCi’s existing intellectual property. The integration of NuCrypt follows QCi’s February 2026 acquisition of Luminar Semiconductor, further consolidating the company’s “design-to-delivery” capabilities for room-temperature quantum systems. By combining NuCrypt’s communication protocols with QCi’s photonic foundry services, the company aims to produce high-volume, robust quantum networking components. The combined entities are scheduled to demonstrate their integrated technologies at the OFC Conference in Los Angeles from March 17–19, 2026. For further details on the NuCrypt acquisition and QCi’s commercial roadmap, consult the official announcement here, and see our coverage of the recent Luminar Semiconductor deal here. March 5, 2026 Mohamed Abdel-Kareem2026-03-05T12:03:39-08:00 Leave A Comment Cancel replyComment Type in the text displayed above Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.