QTREX Quantum Stock Surges as 97% Yield Milestone Puts AME System on Production Floor
QTREX Quantum Ltd. shares surged Monday after the company said its Additively Manufactured Electronics, or AME, technology reached a 97% manufacturing yield at one of the largest U.S.-based interconnect manufacturers. AME refers to 3D-style manufacturing of electronic components, while yield means the share of produced units that pass required checks. QTREX said the customer moved its AME system from a development environment onto the production floor after hundreds of evaluations covering reliability, vibration, environmental exposure, humidity, assembly integration and yield performance. Chief Executive Dagi Ben-Noon called the move “a major commercial and technological milestone for QTREX.” The stock reaction was dramatic. QTEX traded near $2.37 as of the latest quoted trade, up $1.08 from the previous close of $1.29, after touching an intraday high of $2.39 and low of $1.35. Volume was more than 91 million shares, far above normal for a micro-cap name, showing that the move was driven by active short-term trading as well as fresh interest in the company’s quantum hardware story.
