Qtrex Quantum Ltd. Reports First Half 2026 Financial Results

Qtrex Quantum Ltd. reported record first half revenue of $1.55 million, a 438% increase from the previous year, driven by its AME and Quantum segment acquired on April 6, 2026. The company launched INSU300, a material for superconducting quantum computing, and is seeing initial deployments with government and defense organizations. Qtrex anticipates announcing additional commercial agreements in the fourth quarter and will provide a 2027 financial outlook. The company's net loss for the first half of 2026 was $6.4 million, or $0.14 per share, compared to $6.4 million, or $0.24 per share, in the same period of 2025. Cash, cash equivalents, and deposits increased to $10.7 million as of June 30, 2026, compared to $3.2 million at the end of 2025, bolstered by equity financing.