QTREX Quantum Stock Extends Rally After 97% AME Yield Milestone
QTREX Quantum Ltd. shares surged after the company said its Additively Manufactured Electronics technology, or AME, had moved from a development setting to the production floor at one of the largest U.S.-based interconnect manufacturers. AME means electronics made with additive, layer-by-layer manufacturing rather than only conventional assembly. The stock closed Monday at $2.20, up 70.54%, after trading between $1.45 and $2.62, and Google Finance showed the shares at $2.38 in Tuesday premarket trading, up another 8.18%. The rally was driven by a specific manufacturing milestone. QTREX said the customer used its AME technology to produce multiple components and validate the manufacturing and assembly process through hundreds of evaluations covering reliability, vibration, environmental exposure, humidity, assembly integration and yield performance. Yield, in manufacturing, is the share of output that meets requirements without being scrapped or reworked. The company said the AME-enabled process achieved 97% yield, a figure investors read as a sign that the technology may be closer to commercial use rather than just lab testing.
