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Mark Michaelis

Research Analyst at Lake Street Capital Markets

Mark Michaelis's questions to Quantum Computing (QUBT) leadership

Question · Q4 2025

Mark Michaelis inquired about the expected revenue growth for the Luminar acquisition in 2026 compared to 2025 and asked management to outline the critical internal milestones for the company in 2026.

Answer

CFO Chris Roberts stated that some growth is expected for Luminar's revenue, citing positive customer reactions and the stability QCI brings. CEO Yuping Huang added that there has been good momentum in the four weeks since the acquisition. Dr. Huang outlined three key milestones for 2026: successfully integrating Luminar Semiconductor, continuing to advance the quantum product portfolio towards scalable manufacturing, and growing the team to move into system-level engineering for quantum devices.

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Question · Q4 2025

Mark Michaelis asked for clarification on the expected revenue growth of Lumina Semiconductor Inc. (LSI) for 2026 compared to 2025, and also inquired about the critical milestones Quantum Computing Inc. aims to achieve in 2026.

Answer

CFO Chris Roberts indicated that some growth is expected for LSI, with initial customer reactions being positive due to QCI's financial stability. CEO Yuping Huang confirmed good momentum in the first four weeks post-acquisition. Yuping Huang outlined three key milestones for 2026: successfully integrating Luminar Semi, continuing to advance the quantum product portfolio towards scalable manufacturing, and growing the team to enhance system-level engineering capabilities for quantum devices.

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