Quantum Computing Pursues Luminar Assets to Expand Photonics

Quantum Computing ( (QUBT) ) has provided an announcement.

On January 11–12, 2026, Quantum Computing Inc. announced it had entered into a purchase agreement and been designated the stalking horse bidder to acquire selected remaining assets of bankrupt Luminar Technologies and its subsidiaries for approximately $22 million in cash, subject to a U.S. Bankruptcy Court–supervised auction and other customary closing conditions. The assets include LiDAR-related inventory, intellectual property, hardware and software platforms, contracts, and other operational infrastructure tied to light detection and ranging solutions for passenger and commercial vehicles, with QCi also assuming certain specified liabilities. Together with QCi’s previously announced proposed acquisition of Luminar Semiconductor, the deal is intended to broaden QCi’s reach across the photonics value chain, from chip design and packaging through full system delivery and field deployment, potentially adding immediate revenue, an expanded manufacturing and deployment footprint, and key engineering and technical teams. If completed, the transactions would deepen QCi’s capabilities in deployed sensing systems and support its strategy to build scalable commercial photonics platforms as a springboard into future quantum sensing, computing, communication, and photonic AI markets, though the outcome remains uncertain given competing bids, court approvals, and integration and execution risks.

The most recent analyst rating on (QUBT) stock is a Buy with a $25.00 price target. To see the full list of analyst forecasts on Quantum Computing stock, see the QUBT Stock Forecast page.

Spark’s Take on QUBT Stock

According to Spark, TipRanks’ AI Analyst, QUBT is a Neutral.

Quantum Computing’s overall stock score reflects significant financial challenges, with unprofitability and negative cash flows being major concerns. While technical indicators suggest bearish momentum, recent earnings call highlights and corporate events provide some optimism for future growth.

To see Spark’s full report on QUBT stock, click here.

More about Quantum Computing

Quantum Computing Inc. (QCi), listed on Nasdaq under the ticker QUBT, is a quantum optics and integrated photonics technology company that provides quantum machines and foundry services for producing thin-film lithium niobate photonic chips. Its room-temperature, low-power, and cost-effective products target high-performance computing, artificial intelligence, cybersecurity, and remote sensing applications, positioning QCi within advanced computing and sensing markets.

Average Trading Volume: 27,839,581

Technical Sentiment Signal: Hold

Current Market Cap: $2.68B

For a thorough assessment of QUBT stock, go to TipRanks’ Stock Analysis page.