Quantum Cyber acquires exclusive drone and cyber tech IP license for $5M plus 20M shares

Filed May 18, 2026 · Period ending May 12, 2026 · ~1 min read

Key Changes

• high

  Company secured exclusive, perpetual worldwide license to drone and cyber technology IP from BP United for $5M cash plus 20M restricted shares (6-month lockup, 5% volume restriction). License is sublicensable with no field-of-use limits.

  Item 1.01: IP License Agreement verify on EDGAR →
• high

  20M share issuance represents significant dilution; shares priced at prior day's close. Payment contingent on completing IP due diligence and USPTO filings within 90 days, with termination right if conditions unmet.

  Item 1.01: License Consideration verify on EDGAR →
• medium

  Company committed to exclusive supply arrangement with BP United for products using licensed technology, creating supplier concentration risk. Can manufacture independently only if BP United cannot supply.

  Item 1.01: Supply Agreement verify on EDGAR →