Quantum Computing Inc. Completes Acquisition of NuCrypt LLC
March 5, 2026
Quantum Computing Inc. (QCi) completed its acquisition of NuCrypt LLC in a transaction valued at $5 million, paid through a combination of cash and QCi common stock. The acquisition establishes quantum communications as a key commercialization vertical within QCi’s broader quantum technology strategy, with NuCrypt operating as a wholly owned subsidiary.
- Buyers
- Quantum Computing Inc.
- Targets
- NuCrypt LLC
- Sellers
- NuCrypt, LLC (managing partner Gregory Kanter and founding member Prem Kumar are mentioned, but the selling entity/persons are not explicitly identified as sellers)
- Industry
- AI & Machine Learning
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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