Waterloo, Ontario--(Newsfile Corp. - June 16, 2026) - QuantumCore Ltd. (CSE: QNCR) (FSE: K1Y) ("QuantumCore" or the "Company") is pleased to announce a significant technical breakthrough in the development of its kinetic inductance traveling wave parametric amplifier ("KI-TWPA") platform, achieving performance levels that approach rival existing semiconductor-based amplification technologies. As a result of the recent technical achievements, QuantumCore is accelerating its commercialization timeline. The Company expects to begin shipping evaluation units to select customers under non-disclosure agreements in the coming weeks, enabling integration testing and performance validation within leading quantum computing programs. The breakthrough addresses one of the most critical infrastructure bottlenecks facing the quantum computing industry as systems scale beyond 1,000 qubits, a milestone expected to be reached across multiple quantum computing architectures beginning in 2027. Quantum computers operate at temperatures approaching absolute zero, where even small amounts of heat can dramatically impact performance, scalability, and operating costs. Conventional semiconductor amplifiers introduce heat into the cryogenic environment, requiring additional cooling capacity and limiting system density. QuantumCore's superconducting KI-TWPA technology provides high-performance signal amplification while dissipating a fraction of the power consumed by semiconductor alternatives. "This breakthrough marks a major milestone for QuantumCore and validates our strategy of building the critical infrastructure required to scale quantum computing," said Eugene Profis, Chairman and Chief Executive Officer of QuantumCore. "As quantum processors move beyond 1,000 qubits and toward fault-tolerant systems, heat management and physical space inside cryogenic environments become increasingly important challenges. We believe our KI-TWPA platform is uniquely positioned to address both." The successful demonstration of the technology also enables QuantumCore to begin formal engagement with foundry partners for future volume manufacturing. Discussions are expected to focus on establishing scalable fabrication processes capable of supporting growing demand from quantum computing companies as the industry transitions from research-scale systems to commercial deployment.