Company Advances Development of First U.S. AI Infrastructure Hub,

Executes Its Quantum & AI Systems Strategy

ITASCA, Ill., Sept. 23, 2026 (GLOBE NEWSWIRE) -- Quanome Technologies, Inc. (NASDAQ:QNME) ("Quanome" or the "Company") is advancing its Quantum and AI Systems business through an approximately US$18.8 million purchase agreement for computing infrastructure powered by NVIDIA GPU technology to build its AI cloud business through its subsidiary, XDT Infrastructure I, LLC ("XDT"). The Company entered into the agreement on September 16, 2026, representing an initial step in executing Quanome’s strategy and its planned phased development of XDT.

Through XDT, Quanome aims to give businesses managed access to AI computing capacity to support their development and expansion. Once operational, clients will be able to develop and run AI applications, process complex data and scale their computing capacity without building and managing their own infrastructure. These capabilities are designed to support faster product development, automation and improved business productivity. For Quanome, XDT offers the potential to build recurring revenue from computing services, with further investment intended to align with customer demand, available funding and operational readiness.

Demand for AI computing services is expanding as businesses integrate AI into their operations. The U.S. Census Bureau reported that 17% to 20% of U.S. businesses used AI between December 2025 and May 2026, while 20% to 23% expected to use it in the following six months. This adoption trend reinforces the importance of scalable computing capacity for businesses seeking to develop and deploy AI applications.