Quantum Computing Inc. Secures $750 Million in Oversubscribed Private Placement

Quantum Computing Inc. (NASDAQ: QUBT) has entered into securities purchase agreements with institutional investors for the sale of 37,183,937 shares of common stock in an oversubscribed private placement priced at the market under Nasdaq rules. The offering, for expected gross proceeds of $750 million, is scheduled to close on or about Oct. 8, 2025, subject to customary conditions. Titan Partners Group, a division of American Capital Partners, acted as sole placement agent for the transaction.

The significance of this substantial capital infusion extends beyond the immediate financial boost for QCi. The oversubscribed nature of the private placement indicates strong institutional confidence in quantum computing's commercial potential and QCi's specific technological approach. This vote of confidence from sophisticated investors suggests that quantum computing is moving beyond theoretical research toward practical, market-ready applications.

QCi plans to use the proceeds to accelerate commercialization, pursue strategic acquisitions, establish volume production capabilities, expand sales and engineering teams, and for working capital and general corporate purposes. This comprehensive deployment strategy signals QCi's transition from research and development to full-scale commercial operations. The focus on volume production capabilities is particularly noteworthy, as it addresses one of the key challenges in quantum technology: scaling from laboratory prototypes to manufacturable products.

CEO and Chairman Dr. Yuping Huang emphasized that this financing increases total capital raised since November 2024 to $1.64 billion, positioning QCi with what he described as "one of the strongest balance sheets in the quantum sector." This financial strength is crucial for supporting the company's transition from a technology innovator to a leading quantum hardware manufacturer. The substantial capital base provides QCi with the resources necessary to compete in an increasingly crowded quantum computing landscape where research and development costs are exceptionally high.

The implications of this funding round extend throughout the quantum computing ecosystem. For the broader industry, QCi's successful capital raise demonstrates that private markets remain willing to make substantial bets on quantum technology despite the field's technical challenges and long development timelines. For potential customers and partners, QCi's strengthened financial position provides greater assurance of the company's long-term viability and ability to deliver on its technology roadmap.

Quantum Computing Inc. specializes in integrated photonics and quantum optics technology, providing accessible and affordable quantum machines and foundry services for the production of photonic chips based on thin-film lithium niobate (TFLN). The company's products are designed to operate at room temperature and low power at an affordable cost, addressing key barriers to quantum computing adoption. QCi's portfolio of core technologies and products offer unique capabilities in high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications. For additional information about the company's technology and offerings, visit https://quantumcomputinginc.com/.

This funding milestone comes at a critical juncture for the quantum computing industry, as companies race to develop practical quantum systems that can deliver commercial value. The substantial investment in QCi reflects growing recognition that quantum computing may soon transition from experimental technology to commercially viable solutions with real-world applications across multiple industries.