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QTREX Spikes on $1M Grant

QTREX Quantum Ltd. (NASDAQ: QTEX) shares started Tuesday ahead substantially. The company focused on advancing Additively Manufactured Electronics for quantum computing infrastructure, today announced that the Israel Innovation Authority has awarded the Company an approximately $1-million grant to support the development of a purpose-built dielectric material engineered for high-density, low-loss RF signal routing in scalable superconducting quantum computing systems.

“QTREX’s program,” according to this morning’s news release, “targets one of the core scaling constraints in superconducting quantum computing: the growing need to move more RF and microwave signals through cryogenic environments with lower loss, higher density and fewer assembly points.”

QTREX is developing the material as a native layer within its quantum connectivity architecture, enabling the Company to engineer the dielectric, conductor and 3D geometry together rather than adapting off-the-shelf materials to quantum requirements.

This matters because in superconducting quantum systems, signal loss, impedance control, density and thermal behavior are driven by how the dielectric, conductor and geometry work together as a single structure.

As superconducting quantum processors scale, connectivity becomes a system-level bottleneck across the industry. More qubits require more RF lines, tighter packaging, cleaner signal paths and lower thermal impact. This creates a clear need for purpose-built materials and monolithic connectivity.

QTEX shares gained 33 cents, or 23.1%, to $1.74.