Quantum Computing Inc. (QCi) submitted a $22 million stalking‑horse bid for the selected remaining assets of Luminar Technologies, following a prior agreement to acquire Luminar Semiconductor. The bid is subject to court approval and a potential auction process as part of Luminar’s Chapter 11 proceedings. The transaction aims to expand QCi’s photonics capabilities and market presence.

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QCi’s $22 Million Stalking Horse Bid for Luminar Assets

QCi’s approximately $22 million stalking‑horse bid targets Luminar assets currently undergoing Chapter 11 bankruptcy proceedings. This initial offer is subject to a court‑supervised auction, potentially resulting in a higher final price.

The proposed deal aims to integrate Luminar’s light‑detection technology—leveraging a high‑performance optical architecture—with QCi’s existing photonic chip design and packaging capabilities. Acquiring Luminar will extend QCi’s photonics expertise into deployed sensing systems, supporting R&D and existing customer programs. This expansion is expected to contribute immediate revenue and broaden QCi’s operational reach in manufacturing and field deployment.

Furthermore, the company intends to retain key personnel to bolster its long‑term strategy in quantum sensing, computing, and photonic AI.

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Luminar’s LiDAR Tech Expands QCi’s Photonics Value Chain

Luminar’s LiDAR technology utilizes a high‑performance optical architecture designed for light detection in challenging environments. Integrating this technology will broaden QCi’s capabilities across the entire photonics value chain—chip design, packaging, system delivery, and ultimately customer deployment of sensing technology.

By supporting Luminar’s existing research and development, QCi intends to maintain current product lines and customer relationships. LiDAR applications share similar system requirements with next‑generation quantum optical technology, creating a path for QCi to transition from research into real‑world fielded systems. This strategic alignment is intended to support QCi’s long‑term goals in quantum sensing, computing, communication, and photonic AI.

“Being selected as the stalking horse bidder reflects our conviction in the strategic fit of these assets and our commitment to building a scaled photonics platform with real‑world impact.”

— Yuping Huang, CEO and Chairman of the Board of QCi

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Synergies Accelerate QCi’s Quantum Sensing & Photonics Roadmap

The proposed acquisition of Luminar, alongside the LSI acquisition, is designed to expand QCi’s capabilities throughout the entire photonics value chain—from chip design and packaging to complete system delivery. LiDAR technology, leveraging high‑performance optical architecture for light detection, shares system requirements with emerging quantum optical technologies.

This overlap allows QCi to accelerate the transition from research to deployed systems, benefiting from real‑world performance data and operational experience. QCi anticipates these combined assets will support commercial operations via existing customer programs and deployed systems, and contribute immediate revenue.

The strategic expansion strengthens QCi’s long‑term growth objectives and positions it within adjacent sensing markets.