Quantum Computing Inc. Acquires Luminar Semiconductor, Inc. for $110 Million

Luminar Technologies Acquires Freedom Photonics

March 21, 2022

Industrial Services

Luminar (Nasdaq: LAZR) announced it is acquiring Freedom Photonics, a high-performance laser chip and photonics components company used for lidar and other optical sensing applications. The all-stock deal follows years of collaboration and is expected to close in the second quarter, with Freedom Photonics’ leadership continuing to run and expand the business after closing.

Luminar Technologies Acquires OptoGration Inc.

July 19, 2021

Manufacturing

Luminar Technologies has acquired its exclusive InGaAs photodetector design partner and specialized fabrication partner, OptoGration Inc., securing chip IP and production capacity to support series production of its Iris lidar sensor. The deal brings OptoGration’s founders into Luminar, secures roughly one million InGaAs chips per year capacity (expandable), and deepens integration with Luminar’s Black Forest Engineering assets to accelerate production and reduce costs.

Quantum Computing Inc. Completes Acquisition of NuCrypt, LLC

March 5, 2026

Cybersecurity

Quantum Computing Inc. (QCi) completed its acquisition of NuCrypt, LLC, a quantum communications technology company, in a transaction valued at $5 million. The deal was paid through a combination of cash and QCi common stock, with NuCrypt initially operating as a wholly owned subsidiary of QCi.

Lumentum Holdings to Acquire Cloud Light Technology for ~$750 Million

November 1, 2023

Data & Analytics

Lumentum Holdings entered into a definitive agreement to acquire Cloud Light Technology in a transaction valued at approximately $750 million, subject to customary adjustments and closing conditions. The deal is intended to expand Lumentum’s capabilities and offerings in high-speed optical modules and AI/ML-driven cloud data center networking infrastructure.

IonQ Acquires Lightsynq

June 3, 2025

Telecommunications

IonQ has completed the acquisition of Boston-based Lightsynq, a startup developing photonic interconnects and quantum memory. The deal adds Lightsynq's IP and engineering capabilities to accelerate IonQ's fault-tolerant quantum computing roadmap and progress toward quantum networking and the quantum internet.

AI/ML Innovations Inc. Acquires Quantum Sciences Ltd

December 10, 2024

AI & Machine Learning

AI/ML Innovations Inc. entered into a binding share purchase agreement to acquire all issued and outstanding shares of Quantum Sciences Ltd for a purchase price of $690,000 to be paid by the issuance of 10,000,000 common shares. The acquisition (SPA dated December 9, 2024) brings digital health AI/ML and quantum‑inspired capability into AI/ML Innovations' portfolio and remains subject to customary closing conditions and CSE approval.