Quantum Computing Inc. (Nasdaq: QUBT) has entered into a definitive agreement to acquire Luminar Semiconductor, Inc. (LSI), a wholly owned subsidiary of Luminar Technologies, Inc. (Nasdaq: LAZR), for $110 million in an all-cash transaction. The acquisition is structured to accelerate QCi’s technological roadmap by integrating LSI’s established portfolio of photonic components, intellectual property, and engineering talent into its core operations.
The acquisition significantly expands QCi’s engineering depth and strengthens its supply chain for integrated photonics. Luminar Semiconductor, which encompasses specialized entities including Black Forest Engineering, Optogration, Freedom Photonics, and EM4, provides critical building blocks for QCi’s roadmap. These assets will support the development of compact, fully integrated quantum systems and provide immediate access to LSI’s existing non-quantum customer base in defense, sensing, and optical communications. QCi intends to utilize LSI’s technology to drive the commercialization of “quantum appliances”—specialized, room-temperature photonic machines such as its Dirac-3 Entropy Quantum Computer—targeted at high-performance computing and cybersecurity markets.
The transaction was announced concurrently with Luminar Technologies’ voluntary Chapter 11 bankruptcy filing. While Luminar Semiconductor is not a debtor and continues normal operations, the sale is subject to court approval via a Section 363 process. QCi will serve as the proposed stalking horse bidder, receiving customary protections including an $11 million post-closing escrow. The parties anticipate receiving court approval and closing the transaction by the end of January 2026. This acquisition follows QCi’s significant capital expansion in 2025, which included securing over $1.5 billion in liquid assets to fund its deep-tech development and the commissioning of its thin-film lithium niobate (TFLN) foundry in Tempe, Arizona.
Read the full announcement here.
December 16, 2025
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