{"success":true,"data":{"pressRelease":{"id":"133893","rtpr_id":"nGNX3Rbf7Z","ticker":"QTEX","exchange":"NASDAQ","all_tickers":["QTEX"],"title":"One of Israel’s 3 Largest Defense Companies Begins Immediate Deployment of QTREX Quantum’s AME Technology","author":"Globe Newswire","published_at":"2026-09-02T12:30:00.537Z","article_body":"Ness Ziona, Sept. 02, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Ltd. (Nasdaq:\nQTEX) (\"QTREX\" or the \"Company\"), a company focused on advancing Additively\nManufactured Electronics (\"AME\") for quantum computing infrastructure, today\nannounced that one of Israel's three largest defense companies and one of the\nworld's leading aerospace and defense organizations has begun deploying\nQTREX's AME technology for a joint development program focused on strategic\nsystems operating at the physical limits of precision and performance. The\nfirst QTREX AME system is now being installed at the partner's facilities. The\nagreement includes exclusivity provisions that underscore the strategic\nimportance the partner places on QTREX's technology. It also outlines a\npotential phased commercial pathway toward broader AME system rollouts, with\naggregate revenue for QTREX in the tens of millions of dollars. The partner's\nidentity is not being disclosed at this stage pursuant to contractual\nconfidentiality obligations. \n\nThe joint program is designed to adapt QTREX’s proprietary AME platform to\nmeet the partner’s demanding engineering, performance and reliability\nrequirements. The program establishes a defined collaboration framework\nencompassing customized R&D, advanced materials and process optimization, with\nthe objective of producing next-generation AME systems built to the\npartner’s specifications. The initial commercial pathway begins with the\nimmediate system deployment and associated recurring consumables revenue.\nSubject to the negotiation and execution of definitive agreements between the\nparties, subsequent phases are structured around the procurement of tailored\nAME systems, representing a direct and scalable revenue opportunity for QTREX.\n\nThe partner is a globally active aerospace and defense organization that\ndevelops and deploys mission-critical systems across air, space, sea, land and\ncyber domains for government and military customers worldwide. Its\ncapabilities span the full lifecycle from research and engineering through\nintegration, qualification, manufacturing and operational deployment, and it\nhas an order backlog measured in the tens of billions of dollars. The\norganization has also made substantial investments in quantum technologies for\ndefense and civilian applications.\n\n“This program places QTREX inside one of the most advanced aerospace and\ndefense technology environments in the world,” said Dagi Ben-Noon, Chief\nExecutive Officer of QTREX. “Our partner is a global defense technology\nleader whose innovation is closely watched across the industry. By deploying\nand tailoring our AME systems to its specific requirements, we believe this\nprogram can become a powerful reference point for QTREX and open the door to\nadditional agreements with leading defense, aerospace and quantum customers\nworldwide.”\n\nAbout QTREX Quantum\n\nQTREX Quantum Ltd. (Nasdaq: QTEX) is a technology company focused on advanced\nconnectivity and electronics manufacturing solutions for next-generation\nhardware markets. Following its acquisition of the AME platform, the Company\nis developing high-density, thermally optimized quantum connectivity solutions\nfor dilution cryostats and advancing AME applications for defense, aerospace,\nmissile, space, and other mission-critical environments. The Company also\ncontinues to advance its medical technology portfolio, including respiratory\nsupport and blood monitoring platforms, while actively working to monetize\ncertain parts of the medical business.\n\nFor more information, please visit: www.q-trex.com\n\nForward-Looking Statement Disclaimer\n\nThis press release contains express or implied forward-looking statements\npursuant to U.S. Federal securities laws. These forward-looking statements are\nbased on the current expectations of the management of the Company only and\nare subject to factors and uncertainties that could cause actual results to\ndiffer materially from those described in the forward-looking statements. For\nexample, the Company is using forward-looking statements when it discusses\ndiscussions, negotiations of and potential entry in to definitive agreements;\nthe installation of QTREX AME system at the defense company’s facility and\nthe expectation to define a phased commercial pathway to broader AME system\ndeployment; the potential revenue that QTREX may derive from the program;\nQTREX’s proprietary AME platform’s ability to meet the defense company’s\ndemanding engineering, performance and reliability requirements; the\nestablishment of a defined collaboration framework  encompassing customized\nR&D, advanced materials and process optimization; the production of\nnext-generation AME systems built to the defense company’s specifications;\nQTREX’s initial potential commercial pathway and associated recurring\nconsumables revenue; that subject to the negotiation and execution of\ndefinitive agreements between the parties, subsequent phases are structured\naround the procurement of tailored AME systems, representing a direct and\nscalable revenue opportunity for QTREX; the defense company’s capabilities\nand backlog measurement; the belief that the program can become a powerful\nreference point for QTREX and open the door to additional agreements with\nleading defense, aerospace and quantum customers worldwide. Except as\notherwise required by law, the Company undertakes no obligation to publicly\nrelease any revisions to these forward-looking statements. More detailed\ninformation about the risks and uncertainties affecting the Company is\ncontained under “Risk Factors” in the Company’s annual report on Form\n20-F for the fiscal year ended December 31, 2025, filed with the U.S.\nSecurities and Exchange Commission.\n\nCompany Contact\nQTREX Quantum\nEmail: info@q-trex.com\nPhone: +972-9-9664485\n\nQTREX Quantum\nEmail: info@q-trex.com\nPhone: +972-9-9664485\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/7b2a04bc-681f-4bec-8ae1-6c928165975c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3Rbf7Z","title":"One of Israel’s 3 Largest Defense Companies Begins Immediate Deployment of QTREX Quantum’s AME Technology","author":"Globe Newswire","ticker":"QTEX","created":"2026-09-02T12:30:00.537Z","tickers":["QTEX"],"exchange":"NASDAQ","article_body":"Ness Ziona, Sept. 02, 2026 (GLOBE NEWSWIRE) -- QTREX Quantum Ltd. (Nasdaq:\nQTEX) (\"QTREX\" or the \"Company\"), a company focused on advancing Additively\nManufactured Electronics (\"AME\") for quantum computing infrastructure, today\nannounced that one of Israel's three largest defense companies and one of the\nworld's leading aerospace and defense organizations has begun deploying\nQTREX's AME technology for a joint development program focused on strategic\nsystems operating at the physical limits of precision and performance. The\nfirst QTREX AME system is now being installed at the partner's facilities. The\nagreement includes exclusivity provisions that underscore the strategic\nimportance the partner places on QTREX's technology. It also outlines a\npotential phased commercial pathway toward broader AME system rollouts, with\naggregate revenue for QTREX in the tens of millions of dollars. The partner's\nidentity is not being disclosed at this stage pursuant to contractual\nconfidentiality obligations. \n\nThe joint program is designed to adapt QTREX’s proprietary AME platform to\nmeet the partner’s demanding engineering, performance and reliability\nrequirements. The program establishes a defined collaboration framework\nencompassing customized R&D, advanced materials and process optimization, with\nthe objective of producing next-generation AME systems built to the\npartner’s specifications. The initial commercial pathway begins with the\nimmediate system deployment and associated recurring consumables revenue.\nSubject to the negotiation and execution of definitive agreements between the\nparties, subsequent phases are structured around the procurement of tailored\nAME systems, representing a direct and scalable revenue opportunity for QTREX.\n\nThe partner is a globally active aerospace and defense organization that\ndevelops and deploys mission-critical systems across air, space, sea, land and\ncyber domains for government and military customers worldwide. Its\ncapabilities span the full lifecycle from research and engineering through\nintegration, qualification, manufacturing and operational deployment, and it\nhas an order backlog measured in the tens of billions of dollars. The\norganization has also made substantial investments in quantum technologies for\ndefense and civilian applications.\n\n“This program places QTREX inside one of the most advanced aerospace and\ndefense technology environments in the world,” said Dagi Ben-Noon, Chief\nExecutive Officer of QTREX. “Our partner is a global defense technology\nleader whose innovation is closely watched across the industry. By deploying\nand tailoring our AME systems to its specific requirements, we believe this\nprogram can become a powerful reference point for QTREX and open the door to\nadditional agreements with leading defense, aerospace and quantum customers\nworldwide.”\n\nAbout QTREX Quantum\n\nQTREX Quantum Ltd. (Nasdaq: QTEX) is a technology company focused on advanced\nconnectivity and electronics manufacturing solutions for next-generation\nhardware markets. Following its acquisition of the AME platform, the Company\nis developing high-density, thermally optimized quantum connectivity solutions\nfor dilution cryostats and advancing AME applications for defense, aerospace,\nmissile, space, and other mission-critical environments. The Company also\ncontinues to advance its medical technology portfolio, including respiratory\nsupport and blood monitoring platforms, while actively working to monetize\ncertain parts of the medical business.\n\nFor more information, please visit: www.q-trex.com\n\nForward-Looking Statement Disclaimer\n\nThis press release contains express or implied forward-looking statements\npursuant to U.S. Federal securities laws. These forward-looking statements are\nbased on the current expectations of the management of the Company only and\nare subject to factors and uncertainties that could cause actual results to\ndiffer materially from those described in the forward-looking statements. For\nexample, the Company is using forward-looking statements when it discusses\ndiscussions, negotiations of and potential entry in to definitive agreements;\nthe installation of QTREX AME system at the defense company’s facility and\nthe expectation to define a phased commercial pathway to broader AME system\ndeployment; the potential revenue that QTREX may derive from the program;\nQTREX’s proprietary AME platform’s ability to meet the defense company’s\ndemanding engineering, performance and reliability requirements; the\nestablishment of a defined collaboration framework  encompassing customized\nR&D, advanced materials and process optimization; the production of\nnext-generation AME systems built to the defense company’s specifications;\nQTREX’s initial potential commercial pathway and associated recurring\nconsumables revenue; that subject to the negotiation and execution of\ndefinitive agreements between the parties, subsequent phases are structured\naround the procurement of tailored AME systems, representing a direct and\nscalable revenue opportunity for QTREX; the defense company’s capabilities\nand backlog measurement; the belief that the program can become a powerful\nreference point for QTREX and open the door to additional agreements with\nleading defense, aerospace and quantum customers worldwide. Except as\notherwise required by law, the Company undertakes no obligation to publicly\nrelease any revisions to these forward-looking statements. More detailed\ninformation about the risks and uncertainties affecting the Company is\ncontained under “Risk Factors” in the Company’s annual report on Form\n20-F for the fiscal year ended December 31, 2025, filed with the U.S.\nSecurities and Exchange Commission.\n\nCompany Contact\nQTREX Quantum\nEmail: info@q-trex.com\nPhone: +972-9-9664485\n\nQTREX Quantum\nEmail: info@q-trex.com\nPhone: +972-9-9664485\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/7b2a04bc-681f-4bec-8ae1-6c928165975c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-02T12:30:00.621851907Z","server_sent_at_ms":1788352200621},"received_at":"2026-09-02T12:30:00.706Z","source_url":"https://www.globenewswire.com/news-release/2026/09/02/3355146/0/en/one-of-israel-s-3-largest-defense-companies-begins-immediate-deployment-of-qtrex-quantum-s-ame-technology.html"},"analysis":{"id":"122785","press_release_id":"133893","analysis_json":{"industry":{"label":"Electronic Equipment, Instruments & Components","sector":"Information Technology"},"redFlags":["Partner identity undisclosed, so the credibility and scale of the deal cannot be independently verified","Subsequent commercial phases contingent on definitive agreements that have not been negotiated or executed","Revenue potential stated only as a vague 'tens of millions' with no timeline, minimum commitment, or contracted value","Early-stage diversified company still working to monetize its medical technology portfolio alongside the AME business"],"eventType":"partnership","narrative":"QTREX said one of Israel's three largest defense companies has begun deploying its Additively Manufactured Electronics technology under a joint development program, with the first AME system now being installed at the partner's facilities.\n\nThe agreement includes exclusivity provisions and outlines a phased commercial pathway with potential aggregate revenue for QTREX in the tens of millions of dollars, though later procurement phases remain subject to definitive agreements not yet executed.\n\nThe partner is described as a global aerospace and defense organization with an order backlog measured in the tens of billions of dollars; its identity is withheld under contractual confidentiality obligations.\n\nCEO Dagi Ben-Noon said the program can become a powerful reference point for QTREX and open the door to additional agreements with leading defense, aerospace and quantum customers worldwide.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Unnamed top-3 Israeli defense company begins deploying QTEX's AME tech with a 'tens of millions' revenue pathway — notable validation, but verify before chasing headline."},"keyFigures":{"customDimensions":{"partner_backlog":"tens of billions of dollars","partner_identity_disclosed":false,"aggregate_revenue_potential":"tens of millions of dollars"}},"quotedText":"whose innovation is closely watched across the industry.","namedEntities":{"people":[{"name":"Dagi Ben-Noon","role":"CEO of QTREX Quantum"}],"products":["AME (Additively Manufactured Electronics) platform","quantum connectivity solutions for dilution cryostats"],"companies":[{"name":"QTREX Quantum Ltd.","ticker":"QTEX","relationship":"filer/technology provider"},{"name":"Undisclosed Israeli aerospace and defense company (one of Israel's three largest)","relationship":"partner/customer"}],"dollarAmounts":[{"amount":"tens of millions of dollars","context":"potential aggregate revenue for QTREX from the phased commercial pathway"},{"amount":"tens of billions of dollars","context":"partner's order backlog"}]},"materialImpact":{"score":3,"reasoning":"A deployment agreement with one of Israel's three largest defense companies, including exclusivity provisions, is a meaningful validation win for a micro-cap like QTREX. However, revenue is only a forward-looking potential in the 'tens of millions,' and subsequent procurement phases depend on definitive agreements that have not yet been executed."},"tickerRelevance":{"others":[],"primary":"QTEX"},"globalImportance":24,"audienceRelevance":32,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"strategic partnership with undisclosed mega-cap defense partner","sectorWeight":"quantum computing / defense tech — high retail thematic interest","revenueCertainty":"forward-looking only, definitive agreements pending","verificationRisk":true}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":3,"narrative":"QTREX said one of Israel's three largest defense companies has begun deploying its Additively Manufactured Electronics technology under a joint development program, with the first AME system now being installed at the partner's facilities.\n\nThe agreement includes exclusivity provisions and outlines a phased commercial pathway with potential aggregate revenue for QTREX in the tens of millions of dollars, though later procurement phases remain subject to definitive agreements not yet executed.\n\nThe partner is described as a global aerospace and defense organization with an order backlog measured in the tens of billions of dollars; its identity is withheld under contractual confidentiality obligations.\n\nCEO Dagi Ben-Noon said the program can become a powerful reference point for QTREX and open the door to additional agreements with leading defense, aerospace and quantum customers worldwide.","key_figures":{"customDimensions":{"partner_backlog":"tens of billions of dollars","partner_identity_disclosed":false,"aggregate_revenue_potential":"tens of millions of dollars"}},"named_entities":{"people":[{"name":"Dagi Ben-Noon","role":"CEO of QTREX Quantum"}],"products":["AME (Additively Manufactured Electronics) platform","quantum connectivity solutions for dilution cryostats"],"companies":[{"name":"QTREX Quantum Ltd.","ticker":"QTEX","relationship":"filer/technology provider"},{"name":"Undisclosed Israeli aerospace and defense company (one of Israel's three largest)","relationship":"partner/customer"}],"dollarAmounts":[{"amount":"tens of millions of dollars","context":"potential aggregate revenue for QTREX from the phased commercial pathway"},{"amount":"tens of billions of dollars","context":"partner's order backlog"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-02T14:57:19.081Z","global_importance":24,"audience_relevance":32,"importance_components":{"tickerTier":"micro-cap","eventGravity":"strategic partnership with undisclosed mega-cap defense partner","sectorWeight":"quantum computing / defense tech — high retail thematic interest","revenueCertainty":"forward-looking only, definitive agreements pending","verificationRisk":true}},"durationMs":135073,"modelName":"glm-4.7"}}