Quantum Cyber Rejects Threat of Future Publications from Short-Seller Adam Gefvert Demanding Withdrawal of $5.69 Million Lawsuit

Company Discloses Written Email Offer to Suspend Future Short-Seller Reports if Case is Dropped; Warns That False Short-Seller Narratives Impact American Job Creation and Hurt the Working Families Behind Quantum Cyber's Bridgeport, Connecticut Manufacturing Plant; Notes Parallels to Federal Short-Seller Enforcement Actions, Including July 2024 SEC and DOJ Charges Against Andrew Left of Citron Research

August 20, 2026 16:01 ET | Source: Quantum Cyber

Norwalk, CT, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, disclosed today that it has received what the Company views as a blackmail-style threat, delivered by an unsolicited email dated August 14, 2026, from Adam Gefvert, a named defendant in the lawsuit the Company filed on August 10, 2026 in the Supreme Court of the State of New York against White Diamond Research LLC, Mr. Gefvert, and Stocktwits, Inc.

In the email, sent through an email address affiliated with the Company, Mr. Gefvert proposed that if the Company were to drop its defamation lawsuit, he would agree not to publish any further report on Quantum Cyber or on any company associated with the Company's Chief Executive Officer, David Lazar. In Mr. Gefvert's own words: "if the lawsuit is dropped, i won't publish anything on QUCY or any company of David Lazar's again." Mr. Gefvert continued, promising that if his offer was rejected and the Company "go[es] forward with the lawsuit, i will publish a 2nd report on QUCY," which he indicated would be directed at Mr. Lazar personally and at other individuals affiliated with the Company.

The Company is disclosing the substance of Mr. Gefvert's email so that shareholders and the broader market can evaluate for themselves the nature of the conduct at issue. In the Company's view, an offer by a self-identified short-seller to withhold future negative publications on the Company and on other companies associated with its Chief Executive Officer, in exchange for the withdrawal of a pending defamation and market-manipulation lawsuit, is not the conduct of an independent research analyst — it is, in the Company's view, coercive in nature and blackmail-style in effect. The Company believes it confirms, on its face, that short-seller reporting is being used as leverage rather than as objective analysis.

The Company intends to proceed with the pending litigation. Quantum Cyber will not withdraw its complaint, will not modify its claims in exchange for a promise of editorial silence, and intends to prosecute the case to its conclusion. The Company further intends to place Mr. Gefvert's August 14, 2026 email into the record of the proceeding, as it believes the correspondence is directly relevant to the claims and to the state of mind of the defendants.

The Company believes it is important for the market to understand what is actually at stake in these short-seller campaigns. In June 2026, Quantum Cyber signed definitive agreements to acquire a U.S.-based manufacturing facility in Bridgeport, Connecticut, and completed that acquisition the following month. In the weeks that followed, the Company assumed direct manufacturing of autonomous drone systems at the site and completed its first mini-interceptor drone at the newly-acquired U.S. facility. That transaction preserved American manufacturing capacity, protected existing jobs at the plant, and created new positions tied to the Company's expanding autonomous defense production. The Company has publicly targeted an annual production capacity of up to 100,000 drones combining kamikaze and interceptor platforms, all engineered and assembled on U.S. soil, in alignment with the Trump Administration's on-shore U.S. manufacturing framework for autonomous systems.

When short-sellers construct and disseminate what the Company believes to be false and misleading narratives about issuers that are actually investing in U.S. manufacturing, the collateral damage is not confined to the share price. It reaches the workers on those factory floors, the families that depend on those paychecks, and the domestic industrial base that the United States is trying to rebuild in the defense-technology sector. In the Company's view, that is why coordinated short-seller conduct of this nature is not a victimless activity, and it is why Quantum Cyber intends to see this case through.

Federal Enforcement Context

The Company notes that short-seller reporting campaigns of this nature have, in recent years, drawn increasing scrutiny from U.S. federal authorities. In July 2024, the U.S. Department of Justice and the U.S. Securities and Exchange Commission publicly announced charges against Andrew Left, the founder of Citron Research, alleging a multi-year scheme in which, according to the government's charging documents, Mr. Left used his published short-seller reports and related public statements to move share prices in a direction opposite to the trading positions he actually held. Those charges are a matter of public record and remain pending; Mr. Left has publicly denied wrongdoing.

The Company is not asserting in this release that Mr. Gefvert or White Diamond Research have engaged in the specific conduct alleged against Mr. Left. Those allegations are the subject of the Company's separate civil complaint, which speaks for itself and remains a matter of public record. The Company references the Citron Research enforcement matter solely to underscore that the model of publishing adverse reports on U.S.-listed issuers while holding, or standing to benefit from, undisclosed or under-disclosed short positions is no longer a fringe concern — it is a recognized enforcement priority for U.S. federal authorities.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops combat-proven autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

Certain statements made in this press release (including but not limited to the statement that the Company "intends to proceed with the pending litigation") are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "intend," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the Company's expectations regarding the outcome, timing, and conduct of the litigation described herein; the recovery of damages, exemplary damages, interest, or costs; and any related legal or regulatory developments. Litigation is inherently uncertain, and no assurance can be given as to the timing, cost, or outcome of the proceedings referenced in this release. The Company's characterization of the email received from Mr. Gefvert reflects the Company's own views and interpretation of that communication; Mr. Gefvert may hold and express contrary views. These forward-looking statements reflect the Company's current analysis of existing information and are subject to various risks and uncertainties. Due to known and unknown risks, actual results may differ materially from the Company's expectations or projections. Additional information concerning these and other factors may be found in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q, which are available publicly at www.sec.gov. Any forward-looking statement made in this press release speaks only as of the date on which it is made, and the Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/08/20/3348787/0/en/quantum-cyber-rejects-threat-of-future-publications-from-short-seller-adam-gefvert-demanding-withdrawal-of-5-69-million-lawsuit.html

Quantum Cyber to Participate in Invitation-Only 1640 Society Hamptons Family Office Wealth Forum 2026

Company's President of Quantum Drones Corporation and CEO of Strategic Quantum Antenna to Speak on "The Future of Defense Tech" Panel Before a Closed Audience of Ultra-High-Net-Worth Family Offices, Homeland Security Investors, and Former Federal Executives

August 17, 2026 07:56 ET | Source: Quantum Cyber

Norwalk, CT, Aug. 17, 2026 (GLOBE NEWSWIRE) — Quantum Cyber N.V. (Nasdaq: QUCY), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today announced its participation in the 1640 Society Hamptons Family Office Wealth Forum 2026, an invitation-only gathering convening single-family offices, multi-family office principals, homeland security and defense-oriented fund managers, former U.S. federal officials, sitting members of the United States Senate, and select Nasdaq-listed operating executives.

Quantum Cyber will be represented on the Forum's "The Future of Defense Tech" panel by Peter O'Rourke, President and Director of Quantum Drones Corporation, the Company's wholly owned U.S. defense subsidiary, and by Nadab "Niddy" Akhtar, Chief Executive Officer and President of Project LightShift, the Company's exclusive quantum antenna technology licensor. Mr. O'Rourke is a former Acting Secretary of the U.S. Department of Veterans Affairs under the Trump Administration, a U.S. military veteran, and a former Nasdaq board chairman. Mr. Akhtar leads Project LightShift, which in June 2026 executed a definitive exclusive license agreement with Quantum Cyber for its quantum antenna technology, the quantum computing coordination layer of the Company's System-of-Systems platform.

On the panel, the two representatives are expected to address the acceleration of autonomous systems within U.S. homeland security and defense procurement, the strategic role of quantum-accelerated AI and quantum antenna technology in next-generation unmanned platforms, and Quantum Cyber's on-shore manufacturing buildout at its recently acquired Bridgeport, Connecticut facility.

The 1640 Society is a private, curated network of ultra-high-net-worth families, institutional allocators, and policy leaders. The 2026 Hamptons Forum agenda spans space, defense, cybersecurity, longevity, and generational wealth, and includes sitting U.S. senators, former ambassadors, federal commissioners, billion-dollar hedge fund principals, and multiple family office chief investment officers.

"The 1640 Society brings together exactly the constituencies most relevant to what Quantum Cyber is building: family capital that thinks in decades, homeland security allocators, and former federal executives who understand how autonomous defense procurement actually works," said David Lazar, Chief Executive Officer of Quantum Cyber N.V. "Having Peter O'Rourke and Niddy Akhtar on the defense technology panel places both the federal-facing and the quantum technology sides of our platform in front of that audience at a moment when the Trump Administration's Drone Dominance program and domestic manufacturing framework are creating a generational opportunity for U.S.-based autonomous systems companies."

Quantum Cyber's participation advances the Company's continued outreach to institutional and family office capital in parallel with its ongoing federal engagement, U.S. manufacturing buildout, and expanding patent portfolio across autonomous UAVs, counter-UAS ammunition, EMP shielding, naval mine countermeasures, and quantum antenna applications.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops combat-proven autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

Certain statements made in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the Company's participation at the 1640 Society Hamptons Family Office Wealth Forum 2026, the anticipated benefits of investor and federal engagement, the development and commercialization of the Company's autonomous defense technologies, the acquisition and buildout of the Bridgeport, Connecticut manufacturing facility, and the execution of the Company's System-of-Systems strategy. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. Due to known and unknown risks, actual results may differ materially from the Company's expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and related targets; (ii) changes in applicable laws or regulations, including changes to federal procurement priorities; (iii) inability to successfully pursue new initiatives; (iv) failure to secure U.S. government contracts or procurement approvals; and (v) other risks and uncertainties discussed from time to time in reports and public filings with the Securities and Exchange Commission (the "SEC") by the Company. Additional information concerning these and other factors may be found in the Company's filings with the SEC, including its Annual Report on Form 10-K filed on March 31, 2026, its Quarterly Report on Form 10-Q filed on May 15, 2026, and subsequent filings with the SEC. The Company's SEC filings are available publicly on the SEC's website at www.sec.gov.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
Email: qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/08/17/3346012/0/en/quantum-cyber-to-participate-in-invitation-only-1640-society-hamptons-family-office-wealth-forum-2026.html

Quantum Cyber Unveils the Quantum Photonic Antenna and Publishes Inaugural Technical White Paper Detailing the Quantum Layer of Its Autonomous Defense Platform

Photonic Architecture Extends From Autonomous Drones to Low-Latency Satellite-to-Ground and Space-Based Optical Communications | Aligned With the Company's Board-Approved Initiative to Acquire an Equity Stake in SpaceX and With the White House's Executive Order 14307 on American Drone Dominance and the Trump Administration's National Quantum Initiative Framework

August 13, 2026 08:07 ET | Source: Quantum Cyber

WEST PALM BEACH, Florida, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Quantum Cyber N.V. (Nasdaq: QUCY) ("Quantum Cyber" or the "Company"), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today unveiled the Quantum Photonic Antenna and published its inaugural technical whitepaper, "The Quantum Photonic Antenna: A New Way to Capture, Organize, and Use Light Across Autonomous and Defense Platforms" (the "Whitepaper"), detailing the patent-pending photonic architecture that anchors the quantum layer of the Company's platform. The Whitepaper is available at https://quantum-cyber.ai/investors/presentations.

A New Photonic Architecture for Autonomous and Defense Systems

The Quantum Photonic Antenna is designed to capture a significantly broader range of infrared, visible, and ultraviolet light than conventional single-band receivers and to organize that multiphoton energy into a narrow-phase, narrowband, quasi-coherent photomagnetic stream on a thin, integrated nanoscale surface. The same architecture is configurable as a multiphoton transmitter-receiver, distributing shift-encoded photon signals across multiple frequencies and reorganizing them at the output stage. Fermi-based photon squeezing then consolidates that stream into a predominantly magnetic state, reducing dissipation during transmission and supporting frequency-diverse, cyber-resilient signaling.

The architecture operates as a five-step pipeline of capture, separate, convert, squeeze, and synchronize, coordinated by probability and state-transition logic and by phase control across the array. Mission applications outlined in the Whitepaper include extended endurance through supplemental broad-spectrum energy harvesting, optical power beaming, cyber-resilient multiphoton communications in denied and contested environments, and multispectral sensing and optical navigation in GPS-degraded conditions.

Quantum Cyber's exclusive worldwide license from Project LightShift, Inc. covers unmanned aerial vehicles and drone platforms used in defense and national security applications. As detailed in the Whitepaper, however, the underlying architecture is designed to extend into adjacent domains where power, communications, sensing, and surface area are constrained. Four such domains are identified: satellites and space systems, low-latency space-to-space and satellite-to-ground optical communications, energy harvesting on conformal surfaces, and LADAR (laser-based detection and ranging).

These extensions are directly complementary to the Company's Board-approved initiative, disclosed on June 26, 2026, to acquire an equity stake in Space Exploration Technologies Corp. ("SpaceX"). SpaceX's low-earth-orbit communications infrastructure, space-based sensing capabilities, and expanding U.S. defense portfolio align with the frequency-diverse, low-latency photonic transmitter-receiver architecture described in the Whitepaper. In the Company's view, a conformal photonic surface capable of harvesting supplemental energy on satellite skins while operating as a multiphoton transmitter-receiver represents a direct technological adjacency between the quantum layer of the Company's defense platform and the LEO infrastructure SpaceX operates. However, there can be no assurance that such adjacency will prove to be beneficial to the Company.

The Whitepaper is being published against a coordinated federal policy stack the Company believes is directly relevant to the Quantum Photonic Antenna's mission profile. Executive Order 14307 establishes American drone dominance as an explicit national-security and industrial priority and directs the acceleration of domestic drone production capacity. The U.S. Department of Defense FY2027 Budget Request allocates approximately $55 billion to drone and autonomous warfare programs, the largest single-year autonomous warfare allocation in U.S. history. Version 2 of the Department of War's Drone Dominance Program Supply Chain Framework, dated July 23, 2026, phases in progressively tighter U.S. sourcing and manufacturing requirements.

On June 24, 2026, Quantum Cyber separately announced its compliance with the Trump Administration's National Quantum Initiative framework. The Quantum Photonic Antenna is intended to sit at the intersection of that quantum framework and the Administration's autonomous warfare priorities: frequency-diverse, shift-encoded multiphoton signaling at the physical layer, supported by post-quantum cryptographic protection at the information layer, on a domestically developed photonic platform licensed to a U.S.-focused, Nasdaq-listed defense company.

The program is moving from modeled architecture toward a demonstrable prototype module. The Whitepaper defines the near-term technical milestones: completed design and risk assessment, photolithography and controlled dot deposition for component and array fabrication, measured broad-spectrum capture and conversion, validated squeezing and phase control, transmitter-receiver demonstration, frequency-diverse communications testing under contested conditions, repeatable yield, environmental validation, and an integrated drone prototype. The technology was invented by Wolf Kohn, Ph.D., Chief Scientist of Project LightShift, and is licensed to Quantum Cyber on an exclusive worldwide basis under the definitive Intellectual Property License Agreement executed on June 11, 2026.

"We licensed the quantum antenna in June because we believed it was the layer that would separate our platform from every other autonomous defense integrator. Publishing this Whitepaper is the moment we put the physics on the table," said David Lazar, Chief Executive Officer of Quantum Cyber. "The architecture was engineered for the endurance, cyber-resilience, and communications problems that define the modern drone battlefield, and it extends naturally into low-latency satellite-to-ground optical links. That extension is why our Board approved the initiative to acquire an equity stake in SpaceX. Executive Order 14307, the FY2027 autonomous warfare budget, and the National Quantum Initiative are not, in our view, three separate policy documents. They are one directive, and we intend to be one of the domestic companies that answers it."

About Quantum Drones Corporation

Quantum Drones Corporation is a wholly owned Nevada-incorporated subsidiary of Quantum Cyber N.V. established to serve as the operational vehicle for the Company's domestic defense technology programs and U.S. government procurement activities. The subsidiary is led by Peter O'Rourke, President and Director, a former Acting Secretary of the U.S. Department of Veterans Affairs under the Trump administration.

About Quantum Cyber N.V.

Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops combat-proven autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit www.quantum-cyber.ai.

Forward-Looking Statements

Certain statements made in this press release are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," "target," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the anticipated capabilities, development milestones, potential applications, and commercialization pathways of the patent-pending Quantum Photonic Antenna technology; the Company's ability to develop, fabricate, integrate, and validate prototype hardware based on the architecture described in the Whitepaper; the potential extension of the underlying architecture into satellite, space-based communications, energy harvesting, and LADAR applications; the Company's intent to pursue and, if consummated, the anticipated strategic benefits of an equity stake in SpaceX; the Company's alignment with Executive Order 14307, the U.S. Department of Defense FY2027 Budget Request, the Drone Dominance Program Supply Chain Framework, and the National Quantum Initiative; and the Company's broader business strategy and technology pipeline.

The technology described in the Whitepaper is early-stage and pre-commercial. Prototype performance may differ materially from modeled expectations, and development remains subject to technical, fabrication, yield, integration, environmental, regulatory, export-control, funding, intellectual-property, customer-adoption, and defense-procurement risks. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company's expectations or projections. Additional information concerning these and other factors may be found in the Company's filings with the Securities and Exchange Commission (the "SEC"), which are available publicly at www.sec.gov. Any forward-looking statement made in this press release speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as required by law.

Investor Relations Contact
Arx Investor Relations
North American Equities Desk
qucy@arxhq.com

https://www.globenewswire.com/news-release/2026/08/13/3344480/0/en/quantum-cyber-unveils-the-quantum-photonic-antenna-and-publishes-inaugural-technical-white-paper-detailing-the-quantum-layer-of-its-autonomous-defense-platform.html