Organization and Description of Business |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Organization and Description of Business [Abstract] | |
| ORGANIZATION AND DESCRIPTION OF BUSINESS | NOTE 1 – ORGANIZATION AND DESCRIPTION OF BUSINESS
Organization and Operations
Quantum Cyber N.V. (the “Company”) is domiciled in the Netherlands. The Company’s registered office is at 200 Connecticut Ave. Suite 400, Norwalk, Connecticut. Prior to May 2026, substantially all of the Company’s operations were in Germany. The Company (f/k/a Mainz Biomed N.V.) was formed in 2021 to acquire the business of Mainz Biomed Germany GmbH. On April 22, 2026, the Company’s shareholders approved change of its name, to Quantum Cyber N.V. In conjunction with the name change the Company changed its Nasdaq ticker symbol to QUCY.
Through February 2026, the Company was engaged in developing and selling in-vitro diagnostic (“IVD”) tests for the early detection of cancer. The Company’s ColoAlert product was being marketed and sold in European markets and was developing its next-generation colorectal cancer screening product. During the six months ending June 30, 2026 the Board of the Company made the decision to exit the colorectal cancer screening business and focus its effort on the development of its pancreatic cancer screening products and to explore new business opportunities in the post-quantum cyber field.
During the three months ended June 30, 2026 the Company’s Board made a decision to enter into its first business in line with its expansion strategy. The Company launched its business focused on an autonomous defense platform in May 2026 and in both May and June entered into two worldwide exclusive fully paid licenses to support a line of drone products. Further, in June the Company entered into an agreement to acquire a plant and operating business to support the manufacture of those drones (the plant and company acquisition closed in July 2026). |