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QTREX Quantum Announces Clean Capital Structure

Globe Newswire•14/10/2026•12:15 ET
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Key Highlights

  • ➤6,785,715 warrant shares exercised in full, eliminating investor warrants.
  • ➤QTREX (QTEX) has no ATM program or convertible debt outstanding.
  • ➤Approximately 70 million ordinary shares comprise nearly the entire fully diluted capitalization.
  • ➤17,280 coaxial lines per cryogenic stage targeted in unveiled interconnect architecture.
  • ➤IEEE Quantum Week 2026 demonstrator will support customer-specific configuration programs.

Expert Statements

Dagi Ben Noon, Chief Executive Officer of QTREX

“By unveiling an architecture capable of supporting more than 17,000 coaxial lines at each cryogenic stage, we are providing the scalable physical interconnect infrastructure required for fault-tolerant quantum computing.”

Dagi Ben Noon, Chief Executive Officer of QTREX

“In Toronto, we will turn this capability into a physical demonstrator that industry participants can inspect and configure around their needs. Building on our existing commercial activity and customer engagements, the structured configuration programs will accelerate the translation of this architecture into tailored systems that our partners across the quantum ecosystem can deploy.”

6,785,715 warrant shares registered in July 2026 exercised in full. Qtrex currently has no investor warrants at the market programs, and no convertible securities outstanding

Ness Ziona, Oct. 14, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Announces Clean Capital Structure

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