Quantum Computing Inc agrees to acquire Luminar Semiconductor for $110M to accelerate its photonic roadmap
On 2025-12-15 Quantum Computing Inc. (Nasdaq: QUBT) signed a definitive agreement to acquire Luminar Semiconductor, Inc. (LSI), a wholly owned subsidiary of Luminar Technologies, in an all-cash transaction valued at $110 million (subject to customary adjustments), bringing photonic technologies, patents and an engineering-and-science team to accelerate QCi's thin-film-lithium-niobate roadmap while supporting LSI's existing customers. Because LSI is a Luminar subsidiary, the deal proceeds as a Section 363 bankruptcy sale with QCi as the stalking-horse bidder, with an expected close by end-January 2026. Disclosed via Form 8-K (Item 1.01).
A $110M all-cash acquisition of an established photonic-semiconductor business - technologies, patents and a team - is a material, filing-grounded m&a step that vertically deepens QCi's TFLN-photonics capability and adds a revenue-generating customer base; the section 8 materiality bar is cleared on size and strategic fit, with closing contingent on the bankruptcy-court process.
Acquiring photonic-semiconductor IP and talent moves QCi from in-house prototype toward a broader photonics platform and could shorten its volume-production timeline; integration and the section 363 process are the execution risks.