Quantum Cyber N.V.

In the quantum computing applications space, the Company competes with quantum software and algorithm developers that are targeting optimization and machine learning use cases across multiple industries. Some quantum hardware providers also offer or are developing software and application layers that may compete with our platform. Additionally, certain well-capitalized technology companies have internal quantum computing programs that could develop competing offerings.

Competitors may include companies such as Alphabet/Google, Amazon Web Services, IBM, Microsoft, Lockheed Martin, Northrop Grumman, Palantir, Anduril, RTX, Boeing, Shield AI, AeroVironment, Quantinuum, IonQ, D-Wave, and other public and private technology companies.

Many of the Company’s competitors possess substantially greater financial, technical, manufacturing, operational, marketing, and personnel resources than the Company. Competitors may also possess greater name recognition, broader intellectual property portfolios, established governmental relationships, larger installed customer bases, and more extensive manufacturing and distribution capabilities.

The principal competitive factors in the Company’s markets include:

The Company may also compete with internally developed customer technologies and open-source software alternatives.

Certain Company products or technologies may require governmental approvals, certifications, export licenses, operational authorizations, or customer-specific qualification procedures prior to commercialization or deployment. Delays or failures in obtaining such approvals could adversely affect the Company’s business.