Quantum X Hikes on News of New Director

Quantum X Labs Inc. (NASDAQ: QXL), today announced the appointment of Yossi Cohen, former Director of the Mossad and a leading figure in Israel’s national security community, as President of the Company’s Scientific Advisory Board.

Cohen will work alongside the Scientific Advisory Board’s existing members - including Prof. Oren Kurland of the Technion – Israel Institute of Technology and Prof. Oren Raz of the Weizmann Institute of Science - to strengthen QXL’s strategic direction across quantum computing, quantum error correction, quantum software for clinical trials, quantum cybersecurity and quantum sensing with a strategic focus on expanding the scale of the Company’s operations and commercializing its quantum technologies, particularly for the defense, aerospace, homeland security, and critical infrastructure markets.

Cohen served as Director of the Mossad from 2016 to 2021, following his tenure as Israel’s National Security Advisor from 2013 to 2016 and as Deputy Director of the Mossad.

“During a 38-year career in intelligence and national security,” reads this morning’s news release, “he oversaw some of Israel’s most significant covert operations, including the acquisition of Iran’s nuclear archive in 2018, as well as efforts that helped lay the groundwork for the Abraham Accords.”

This operational and strategic background is directly relevant to QXL’s work in GPS-denied navigation, precision timing, quantum-secured communications, and technologies designed to operate in contested electromagnetic environments.

QXL shares jumped 61 cents, or 14.9%, to $4.94.

Tech Insider