Quantum Computing Inc. Completes $73.1 Million NHanced Deal, Launching Fab 2
Updated
Updated · PR Newswire · Jun 23
Quantum Computing Inc. Completes $73.1 Million NHanced Deal, Launching Fab 2
1 articles · Updated · PR Newswire · Jun 23
Summary
$73.1 million in cash and stock closed Quantum Computing Inc.'s acquisition of NHanced Semiconductors, with up to another $72 million tied to performance targets.
NHanced gives QCi semiconductor and nanophotonics fabrication, advanced packaging and engineering talent, pushing the company from prototyping toward commercial-scale production.
Fab 2 is being launched through the deal, which QCi said expands capacity years ahead of its original timeline and builds on last year's operational Fab 1 in Tempe, Arizona.
NHanced will operate as a wholly owned subsidiary, while QCi says the added U.S. packaging and manufacturing footprint should strengthen supply-chain resilience and support photonic chips for quantum computing, AI, networking and defense.