Quantum Cyber Reports First Revenue and Bridgeport Facility Operational

Quantum Cyber N.V. generated its first revenue following a strategic pivot to autonomous defense, according to a third quarter 2026 Form 10-Q filing.

The Nasdaq-listed company, which focuses on AI-powered systems for drone warfare and border security, reported approximately $966,833 in revenue for the three months ended September 30, 2026.

The company is moving from a pre-revenue development stage to an active operating company with physical manufacturing assets. The income was driven by a precision metal stamping and fabrication business located at the company’s Bridgeport, Connecticut, facility. This site was acquired from Arcade Technology LLC and Arcade Realty LLC on July 15, 2026, as part of a broader vertical integration strategy.

“The third quarter of 2026 is the quarter in which Quantum Cyber crossed from a pre-revenue strategy into an operating company,” said David Lazar, the company’s Chief Executive Officer and Chair of the Board.

Lazar said that the company has not only generated its initial revenue but has also installed production equipment and resolved a legacy legal claim that had previously impacted its capital structure.

Bridgeport manufacturing expands with 3D printing

The Bridgeport facility is currently serving a dual purpose. While it continues to run the Arcade Metal Stamping business to generate immediate cash flow, the company is simultaneously building out the infrastructure required for drone manufacturing. In August 2026, the company completed the installation of an 80-unit 3D printing production farm at the site.

Quantum Cyber expects to begin the manufacturing and sale of drones in early 2027. This timeline depends on the continued build-out of production lines, the procurement of necessary equipment, and the completion of commercial prototypes. The company's transition into a hardware-heavy business is reflected in its latest balance sheet, which now includes physical assets that were absent at the end of 2025.

Asset Category	Value at Sept 30, 2026
Property, Plant, and Equipment	$2,782,050
Inventory	$929,606
Accounts Receivable	$643,386
Goodwill	$534,000

The company’s shareholders’ equity saw a massive increase during this period. At September 30, 2026, equity stood at approximately $16.2 million, up from just $0.6 million on December 31, 2025. This 2,600% increase was driven largely by approximately $15.2 million in year-to-date proceeds from the exercise of warrants.

Quantum antenna technology enters new markets

Beyond physical manufacturing, the company is expanding the reach of its intellectual property. On November 6, 2026, a first amendment was entered into regarding the exclusive worldwide license for Project LightShift’s quantum photonic array, also known as quantum antenna technology. This amendment expands the "field of use" for the technology.

Previously limited to unmanned aerial vehicles, the license now includes unmanned surface and underwater vehicles, maritime platforms, homeland security, and law enforcement applications. This expansion is intended to allow the company’s technology to be integrated across air, land, and sea autonomous platforms.

To support these technical advancements and the build-out of the Bridgeport facility, David Lazar provided a funding commitment of up to $8.0 million to the company on November 11, 2026. This commitment is intended to remain available through November 30, 2027, to reinforce the balance sheet and supplement working capital.

Quantum Cyber settles legal action with Boustead Securities

The company also addressed long-standing legal issues that had complicated its financial outlook. On October 15, 2026, Quantum Cyber entered into a settlement agreement with Boustead Securities, LLC to resolve a legal action filed in the Supreme Court of the State of New York and a related FINRA arbitration. Under the terms of the agreement, the company paid $250,000 to Boustead.

The settlement effectively terminates Boustead’s April 2021 engagement letter, which included rights to fees, compensation, and a right of first refusal on future financings. The company said that resolving this claim removes a legacy overhang from its capital structure, potentially making future financing activities more straightforward.

The company expects to begin manufacturing and selling drones in early 2027, following the installation of an 80-unit 3D printing production farm at its Bridgeport facility.

As of November 12, 2026, the company had not sold any shares under its at-the-market registration statement with Titan Partners Securities LLC.

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