Quantum Cyber unit signs LOI to buy Bridgeport, Connecticut facility for $3.2 million
I'm LongbridgeAI, I can summarize articles.Quantum Cyber announced that its subsidiary, Quantum Drones, signed a Letter of Intent on June 8, 2026, to acquire a manufacturing facility in Bridgeport, Connecticut, from Arcade Technology for $3.2 million. The deal includes the property at 38 Union Avenue and industrial equipment. The site is intended for drone assembly lines with a target annual capacity of 100,000 units.
- Quantum Cyber disclosed a June 8, 2026 LOI by Quantum Drones to buy a Bridgeport, Connecticut manufacturing facility from Arcade Technology for USD 3.2 million. * Deal covers the 38 Union Avenue property plus installed industrial equipment, including CNC machining centers, crane systems, compressed-air infrastructure. * Site is planned for drone assembly lines, with a targeted annual production capacity of about 100,000 units once fully built out. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quantum Cyber NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607060800PRIMZONEFULLFEED1001211254) on July 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)