Q/C Technologies terminated its Technology License and Development Agreement with LightSolver effective June 26, 2026. The agreement, signed Sept. 2, 2025, granted an exclusive license to use LightSolver’s laser processing hardware for cryptocurrency mining. Upon termination in accordance with the agreement’s terms, Q/C’s subsidiary LPU Holdings is released from any additional milestone payments, and LightSolver has no right to further contingent consideration. The company plans to refocus resources on its optical AI computing initiative.
Agreement details:
- Agreement terminated: Technology License and Development Agreement (exclusive crypto-mining LPU license)
- Counterparty: LightSolver
- Original agreement date: Sep 02 2025
- Termination…
