Quantum Computing (QUBT) has been selected as the stalking horse bidder for select remaining assets of Luminar Technologies (LAZRQ), as part of Luminar’s Chapter 11 process.
Under the agreement, QCi will serve as the initial bidder at a proposed purchase price of ~$22M, subject to higher bids and court approval, with expected closing in Q1 2026.
The transaction, together with QCi’s planned acquisition of Luminar Semiconductor, would expand the company’s presence across the photonics value chain, from chip design and packaging to full system delivery.
Luminar’s LiDAR hardware and software platforms would complement QCi’s quantum optics and photonics capabilities, extending into deployed sensing systems and commercial operations.
QCi plans to retain key engineering, technical, and manufacturing teams while supporting ongoing R&D and maintaining continuity of Luminar’s customer programs.
QCi chief executive officer Yuping Huang highlighted the strategic fit, emphasizing that LSI strengthens core photonics capabilities, while Luminar adds expertise in system integration, software, and scaling optical technologies.