QuantumCore Ltd.: QuantumCore Completes Acquisition of Avalanche PhotoniQ

Waterloo, Ontario--(Newsfile Corp. - September 11, 2026) - QuantumCore (CSE: QNCR) ("QuantumCore" or the "Company"), a developer of enabling hardware for the quantum computing industry, is pleased to announce that it has completed its previously announced acquisition of 100% of Avalanche PhotoniQ Inc.("Avalanche"), a developer of next-generation single-photon detector technology, pursuant to a share purchase agreement effective September 9, 2026 (the "Agreement"). The closing represents an important milestone in QuantumCore's strategy to build a broad-based quantum infrastructure company supplying critical components between the control layer and quantum processing unit ("QPU") across multiple quantum computing architectures. With the acquisition complete, QuantumCore now has two core technology platforms: (1) superconducting traveling-wave parametric amplifiers ("TWPAs") for the amplification of quantum signals in cryogenic environments; and (2) advanced…