Combined Company Expected to Trade on Nasdaq Under Ticker Symbol "TQ" Transaction Positions Terra Quantum to Accelerate Global Expansion and Further Strengthen Its Leadership in Quantum Technologies and AI-Driven Optimization ST. GALLEN, Switzerland and NEW YORK , May 26, 2026 /PRNewswire/ -- Terra Quantum AG ("Terra Quantum" or the "Company"), a global leader in quantum technologies, quantum security, and AI-driven optimization solutions, and Axiom Intelligence Acquisition Corp 1 ("Axiom") (NASDAQ: AXINU ), a publicly traded special purpose acquisition company, today announced the execution of a definitive Business Combination Agreement ("BCA") that will result in Terra Quantum becoming a publicly listed company. Continue Reading Markus Pflitsch, CEO, Founder and Chairman, Terra Quantum. Upon completion of the transaction, the combined company will operate under the Terra Quantum name and is expected to trade on the Nasdaq Stock Market under the ticker symbol "TQ." The transaction values Terra Quantum at an equity value of approximately $3.5 billion, representing an increase from the valuation contemplated under the Company's previously announced non-binding letter of intent with another special purpose acquisition company. The enhanced valuation reflects Terra Quantum's continued commercial growth, expanding strategic partnerships, and ongoing development of its quantum technology platforms. Headquartered in St. Gallen, Terra Quantum has established itself as a leading quantum technology company through its unique combination of proprietary quantum algorithms, quantum security solutions, hybrid quantum-classical computing technologies, and enterprise-grade software platforms. The Company serves customers across financial services, manufacturing, pharmaceuticals, logistics, energy, government, and defense sectors, helping organizations solve computationally intensive problems that were previously impractical or impossible to address using conventional approaches. Building the World's Leading Quantum Technology Platform Terra Quantum's mission is to accelerate the practical adoption of quantum technologies by delivering measurable business outcomes today while preparing enterprises for the quantum-powered future. Unlike many participants in the sector that remain focused primarily on hardware development, Terra Quantum has built a comprehensive technology stack that combines quantum computing, quantum-inspired optimization, artificial intelligence, and quantum cybersecurity into a unified platform capable of generating immediate commercial value. This approach has enabled the Company to establish a growing global footprint and position itself at the forefront of one of the most transformative technological shifts of the twenty-first century. As governments and enterprises increasingly prioritize investments in advanced computing and secure digital infrastructure, Terra Quantum believes it is uniquely positioned to capitalize on the massive market opportunity expected to develop over the coming decades. Management Commentary "Today's announcement marks a new chapter for Terra Quantum and validates the vision we established when we founded the company," said Markus Pflitsch, Founder and Chief Executive Officer of Terra Quantum. "Over the past several years, we have assembled a highly experienced team in quantum technology, developed a world-class portfolio of intellectual property, and demonstrated that quantum technologies can deliver real-world business value today. Becoming a publicly traded company will provide us with enhanced resources and visibility to accelerate innovation, expand globally, and further strengthen our position as a market leader in the quantum industry." Pflitsch continued: "We believe quantum computing will fundamentally reshape industries, economies, and national competitiveness over the coming decades. Terra Quantum believes it is uniquely positioned to lead this transformation through our technology platform, commercial focus, and commitment to making quantum solutions accessible and impactful for enterprises worldwide." "Axiom was formed to partner with an exceptional company that is defining the future of an important industry," said Doug Ward, Chief Executive Officer of Axiom. "Following extensive diligence, we believe Terra Quantum stands apart as one of the most advanced and commercially focused quantum technology companies globally. Its combination of scientific excellence, proprietary technology, enterprise adoption, and visionary leadership, coupled with a strong track record of building and scaling DeepTech companies, creates a compelling platform for long-term value creation. We are excited to support Terra Quantum as a publicly traded company." Dr. Florian Neukart, Chief Technology Officer of Terra Quantum, added: "Our technology platform represents years of pioneering research and development by a highly experienced team of quantum scientists. By becoming a public compa
