{"id":978588,"date":"2026-07-06T07:32:33","date_gmt":"2026-07-06T11:32:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/"},"modified":"2026-07-06T07:32:33","modified_gmt":"2026-07-06T11:32:33","slug":"quantum-cyber-addresses-short-seller-biased-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/","title":{"rendered":"Quantum Cyber Addresses Short Seller Biased Report"},"content":{"rendered":"<h2>\nCompany Retains Investigative and Litigation Specialist Firms and Begins Assessing Damages in Response to Self-Interested Short-Seller Report<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">WEST PALM BEACH, Florida, July  06, 2026  (GLOBE NEWSWIRE) &#8212; Quantum Cyber N.V. (Nasdaq: QUCY) (\u201cQuantum Cyber\u201d or the \u201cCompany\u201d), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today responded to a recently published short-seller report (the \u201cShort-Seller Report\u201d). The Company believes the Short-Seller Report contains materially misleading characterizations of its capital structure, business strategy, and technology relationships, and is providing the following clarifications so that shareholders have accurate, sourced information. The Short-Seller-Report was made by a short-selling institute recently sued by a Nasdaq-traded company for $20M for similar actions.<\/p>\n<p align=\"justify\">The Company notes that reports of this nature are typically published by parties that hold, or stand to benefit from, a short position in the subject company\u2019s securities, and that such parties are financially incentivized by a decline in the share price. The Company encourages all shareholders to rely on its filings with the U.S. Securities and Exchange Commission (\u201cSEC\u201d) and its official disclosures.<\/p>\n<p>\n        <b>Capital Structure Is Fully Disclosed and Subject to Shareholder Approval<\/b><br \/>\n        <br \/>The Short-Seller Report inaccurately characterizes the Company\u2019s capital structure as containing a \u201chidden\u201d share count. The convertible preferred securities referenced therein, and their potential conversion into ordinary shares, are fully described in the Company\u2019s public filings with the SEC and in the Company\u2019s prior press releases. This information is publicly available and has been disclosed.<br \/>The $6,000,000 referenced in the Short-Seller Report represents capital that David Lazar, the Company\u2019s Chief Executive Officer, has invested into the Company to fund its operations and growth strategy, capital that aligns his interests with those of shareholders rather than positioning him as a seller. As an officer and director, Mr. Lazar is subject to Section 16 of the Securities Exchange Act of 1934, to applicable insider-trading laws and trading-window restrictions, to public reporting requirements, and to Rule 144 affiliate resale restrictions. Any transaction by Mr. Lazar in the Company\u2019s securities would be publicly reported and legally constrained. The \u201cinsider dump\u201d narrative advanced in the report is inconsistent with these facts.<\/p>\n<p align=\"justify\">The Company further reiterates that, following the full exercise of its outstanding warrants, it received gross proceeds of over $15,000,000, that those funds were added to the Company\u2019s balance sheet, and that the Company\u2019s capitalization table is debt-free.<\/p>\n<p>\n        <b>Business Strategy: Quantum-Accelerated AI Applied to Autonomous Defense<\/b><br \/>\n        <br \/>The Short-Seller Report suggests the Company\u2019s name and business plan indicate an incoherent strategy. However, the Company\u2019s intentions is straightforward: quantum-accelerated artificial intelligence and autonomous systems are converging, and that convergence has direct application to modern defense. Quantum Cyber is assembling a multi-domain, System-of-Systems platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company.<\/p>\n<p align=\"justify\">Mainz Biomed N.V. served as the Company\u2019s public listing vehicle; the Company has since redirected its focus and resources toward autonomous defense technology. This strategic direction is evidenced not by branding but by concrete, documented action, including the Company\u2019s slate of patent filings with the U.S. Patent and Trademark Office covering an autonomous naval mine countermeasure system, EMP-shielded drone components, a counter-UAS projectile, integrated swarm defense, a coaxial dual-propellant system, and a quantum-navigated amphibious autonomous platform. These filings reflect the Company\u2019s investment in a true technology portfolio aligned with U.S. national security priorities.<\/p>\n<p>\n        <b>The BP United Relationship<\/b><br \/>\n        <br \/>The Short-Seller Report questions the legitimacy of BP United Inc. (\u201cBP United\u201d) on the basis of information displayed on its website. BP United is a developer and manufacturer of autonomous unmanned vehicle systems. The pricing observed on its public-facing e-commerce interface reflects the fact that these defense-oriented products are not yet authorized for open commercial sale, not that the business is inactive or non-existent.<\/p>\n<p align=\"justify\">The Company\u2019s relationship with BP United has, moreover, deepened rather than remained static. As previously announced, the Company and BP United executed a First and a Second Amendment to their Intellectual Property License Agreement under which Quantum Cyber assumed direct responsibility for the manufacturing of licensed drone products, with BP United providing ongoing technical assistance. In connection with that expansion, BP United executed a voting agreement aligning its interests with the Company\u2019s long-term platform strategy.<\/p>\n<p>\n        <b>Project LightShift and the Company\u2019s Licensed Quantum Photonic Technology<\/b><br \/>\n        <br \/>The Short-Seller Report speculates that \u201cProject LightShift\u201d and its associated quantum technology are fabricated, and questions the quantum credentials of the individuals associated with it. The public record does not support that speculation. The Company executed a definitive Intellectual Property License Agreement in June 2026 securing exclusive worldwide rights to patent-protected quantum photonic array technology for defense drone applications.<\/p>\n<p align=\"justify\">With respect to Dr. Wolf Kohn, the individual identified in the Short-Seller Report, the public record establishes substantial and directly relevant credentials. Dr. Kohn received his M.S. and Ph.D. in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology. He served as Chief Researcher at Lockheed Corporation at NASA Johnson Space Center, and as Chief Scientist at Veritone, Inc. His published research focuses on the extension of hybrid systems to quantum control and rule-based multi-criteria optimization. He holds more than two dozen patents, has authored four books and more than 300 technical papers, has held professorships at Rice University and the University of Washington, and currently serves on the faculty of Drexel University. In September 2024, Dr. Kohn was publicly appointed to a quantum computing advisory board, where he was described as an expert in quantum computing and artificial intelligence. These are matters of public record and directly contradict the Short-Seller\u2019s Report\u2019s suggestion that the individuals associated with the licensed technology lack quantum expertise.<\/p>\n<p>\n        <b>The SpaceX Position<\/b><br \/>\n        <br \/>The Short-Seller Report also mischaracterizes the Company\u2019s announcement regarding Space Exploration Technologies Corp. (\u201cSpaceX\u201d). The Company did not announce a purchase of SpaceX shares at any particular price. As disclosed, the Company\u2019s Board of Directors merely approved the engagement of investment banking professionals to facilitate the potential acquisition of an equity stake in SpaceX.<\/p>\n<p align=\"justify\">The Company\u2019s interest reflects its view that SpaceX\u2019s low-earth-orbit communications infrastructure, space-based sensing capabilities, and defense portfolio are complementary to Quantum Cyber\u2019s multi-domain autonomous defense platform.<\/p>\n<p align=\"justify\">Any such position, if acquired, would be evaluated and pursued in a manner consistent with the Company\u2019s strategic objectives, and the Company has disclosed this initiative to the extent permitted under applicable regulation. The Company will provide further updates as the process advances.<\/p>\n<p>\n        <b>Management Comment<\/b><br \/>\n        <br \/>&#8220;This report was produced by a self-interested short seller who profits when our share price falls, and it is built on distortion and selective framing rather than fact. Our capital structure is disclosed in our SEC filings, I have no path or plan to dilute our free trading floats, our balance sheet is debt-free, and our technology is backed by signed agreements, patent filings, and scientists with verifiable, decades-long track records. We will not allow a paid, one-sided attack on our shareholders to stand unanswered, and we are evaluating all legal remedies available to us\u201d, said David Lazar, Chief Executive Officer of Quantum Cyber.<\/p>\n<p>\n        <b>About Quantum Cyber N.V.<\/b><br \/>\n        <br \/>Quantum Cyber N.V. (Nasdaq: QUCY) is assembling an AI-powered, quantum-accelerated System-of-Systems autonomous defense platform that integrates drone warfare, counter-UAS, autonomous naval mine countermeasures, EMP shielding, anti-drone ammunition, command-and-control, and quantum antenna applications under a single Nasdaq-listed company. The Company acquires, licenses, and develops autonomous technologies, deploying them as a coordinated, multi-domain portfolio across air, land, and sea. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=O_Pq95k0RF6kB79VFe0SK-7X1rCbNf0eGH3lwtKz4WCqxLRSErxBNg1UoZZEJZNHse0caJUHs_YRrDw0phcmYsq1gce6E3XyNKi84mMUeK4=\" rel=\"nofollow\" target=\"_blank\">www.quantum-cyber.ai.<\/a><\/p>\n<p>\n        <b>Forward-Looking Statements<br \/><\/b>Certain statements made in this press release are \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201coutlook,\u201d and \u201cproject\u201d and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements relate to, among other things, the Company\u2019s capital structure and the anticipated treatment of its convertible securities; the satisfaction of closing conditions and receipt of shareholder approval; the Company\u2019s business strategy, technology pipeline, and patent applications; the Company\u2019s relationships with BP United Inc. and Project LightShift, Inc.; the potential acquisition of an equity stake in SpaceX; and the Company\u2019s expectations regarding its financial position. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, actual results may differ materially from the Company\u2019s expectations or projections. Statements of the Company\u2019s beliefs and opinions in this release are the Company\u2019s own and are made as of the date hereof. Additional information concerning factors that could cause actual results to differ materially may be found in the Company\u2019s filings with the SEC, including its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q, which are available publicly at www.sec.gov. Any forward-looking statement made in this press release speaks only as of the date on which it is made, and the Company undertakes no obligation to publicly update any forward-looking statement, except as required by law.<\/p>\n<p>\n        <b>Investor Relations Contact<\/b><br \/>\n        <br \/>Arx Investor Relations<br \/>North American Equities Desk<br \/>qucy@arxhq.com<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTIxMTI1NSM0MDI0MzkyODEjNzAwMDI3NDAx\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/NjUwYzc1MjAtZmZmYi00ZmJlLWJkNmItZmFmYzFlYjIzOTBkLTcwMDAyNzQwMS0yMDI2LTA3LTA2LWVu\/tiny\/Quantum-Cyber.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company Retains Investigative and Litigation Specialist Firms and Begins Assessing Damages in Response to Self-Interested Short-Seller Report WEST PALM BEACH, Florida, July 06, 2026 (GLOBE NEWSWIRE) &#8212; Quantum Cyber N.V. (Nasdaq: QUCY) (\u201cQuantum Cyber\u201d or the \u201cCompany\u201d), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today responded to a recently published short-seller report (the \u201cShort-Seller Report\u201d). The Company believes the Short-Seller Report contains materially misleading characterizations of its capital structure, business strategy, and technology relationships, and is providing the following clarifications so that shareholders have accurate, sourced information. The Short-Seller-Report was made by a short-selling institute recently sued by a Nasdaq-traded company for $20M for similar actions. The Company &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Quantum Cyber Addresses Short Seller Biased Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-978588","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Quantum Cyber Addresses Short Seller Biased Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quantum Cyber Addresses Short Seller Biased Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company Retains Investigative and Litigation Specialist Firms and Begins Assessing Damages in Response to Self-Interested Short-Seller Report WEST PALM BEACH, Florida, July 06, 2026 (GLOBE NEWSWIRE) &#8212; Quantum Cyber N.V. (Nasdaq: QUCY) (\u201cQuantum Cyber\u201d or the \u201cCompany\u201d), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today responded to a recently published short-seller report (the \u201cShort-Seller Report\u201d). The Company believes the Short-Seller Report contains materially misleading characterizations of its capital structure, business strategy, and technology relationships, and is providing the following clarifications so that shareholders have accurate, sourced information. The Short-Seller-Report was made by a short-selling institute recently sued by a Nasdaq-traded company for $20M for similar actions. 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(Nasdaq: QUCY) (\u201cQuantum Cyber\u201d or the \u201cCompany\u201d), a Nasdaq-listed autonomous defense technology company assembling an AI-powered System-of-Systems platform for drone warfare, counter-UAS, and border security applications, today responded to a recently published short-seller report (the \u201cShort-Seller Report\u201d). The Company believes the Short-Seller Report contains materially misleading characterizations of its capital structure, business strategy, and technology relationships, and is providing the following clarifications so that shareholders have accurate, sourced information. The Short-Seller-Report was made by a short-selling institute recently sued by a Nasdaq-traded company for $20M for similar actions. The Company &hellip; Continue reading \"Quantum Cyber Addresses Short Seller Biased Report\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-06T11:32:33+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTIxMTI1NSM0MDI0MzkyODEjNzAwMDI3NDAx","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Quantum Cyber Addresses Short Seller Biased Report","datePublished":"2026-07-06T11:32:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/"},"wordCount":1575,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMTIxMTI1NSM0MDI0MzkyODEjNzAwMDI3NDAx","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-cyber-addresses-short-seller-biased-report\/","name":"Quantum Cyber Addresses Short Seller Biased Report - 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