Quantum Computing, a company focused on quantum optics and integrated photonics technology, announced on February 2, 2026, the completion of its acquisition of Luminar Semiconductor, (LSI), a wholly owned subsidiary of Luminar Technologies. The transaction was an all-cash deal valued at $110 million.
The acquisition advances QCi's strategy to develop a vertically integrated platform for photonics and quantum technologies, with a focus on domestic manufacturing. It is intended to strengthen the company's technology roadmap and contribute annual revenue to its financials.
LSI provides capabilities in lasers, detectors, advanced packaging, and manufacturing, which complement QCi's expertise in thin-film lithium niobate (TFLN) integrated photonics. The combined entities enable control over the full photonic signal chain, from light generation to detection and processing. This supports the development of chip-scale quantum hardware that operates at room temperature, rather than requiring cryogenic systems, and facilitates mass production of compact quantum systems.
Yuping Huang, CEO and Chairman of QCi, stated that the acquisition is strategic for the company, highlighting LSI's role in the technology roadmap and the technical expertise of its team. He noted that integrating TFLN with LSI's components allows ownership of the photonics architecture needed for scalable, high-performance products.
The transaction aligns with demand for U.S.-based technology solutions and reshoring efforts. It positions QCi to serve government and defense-related customers, including those in aerospace and national security.
LSI will continue as a wholly owned subsidiary of QCi and maintain its existing commercial relationships in aerospace, defense, and industrial markets. These relationships offer near-term revenue visibility and a base for QCi to expand offerings. LSI's veteran engineering team and patent portfolio provide industrial experience to support scaling quantum innovations to manufacturing.
On January 12, 2026, QCi had submitted a stalking horse bid for certain LiDAR assets of Luminar Technologies but chose not to pursue that acquisition, citing its approach to capital allocation and long-term value creation.
Further details on integration plans and milestones are expected in the coming months.
