QTREX Quantum is trading at $0.87, up 10.88%, after independent testing validated its cryogenic interconnect.
- October 1 results showed channel isolation better than 100 dB across the qubit band at 20 millikelvin.
- The company is finalizing a binding agreement with the unnamed testing company, with details expected within weeks; it disclosed no deal value or revenue terms.
- Shares rose 15.04% in the October 1 regular session, closing at $0.78.