Quantum Computing Inc. Launches Fab 2 After $73.1M NHanced Acquisition
QUBT•Quantum Computing Inc. completed a $73.1 million cash-and-stock acquisition of NHanced Semiconductors, with up to $72 million in performance-based payments. The deal launches Fab 2 and integrates advanced packaging and nanophotonics fabrication to accelerate commercial-scale production of its thin-film lithium niobate photonic circuits.
1. Acquisition Terms
Quantum Computing Inc. acquired NHanced Semiconductors for $73.1 million in cash and stock, with an additional $72 million in performance-based payouts. NHanced will operate as a wholly owned subsidiary, retaining its customer base and focusing on advanced semiconductor packaging and integration.
2. Manufacturing Capability Expansion
The acquisition enables the immediate launch of Fab 2, accelerating production of thin-film lithium niobate photonic integrated circuits. It adds nanophotonics fabrication, hybrid bonding, chiplet architectures and silicon interposer capabilities to QCi’s existing manufacturing footprint.
3. Strategic Impact
By integrating NHanced’s engineering talent and packaging expertise, Quantum Computing Inc. is transitioning from research-driven prototyping to scalable commercial production. The expanded infrastructure aims to meet growing demand across quantum computing, AI, networking, secure communications and defense markets.
