BREAKING: Quantum Cyber approves plan to buy a stake in SpaceX.

It is a Nasdaq-listed autonomous defense tech company building AI-powered systems for drone warfare, and border security.

• Board approved engaging investment bankers to pursue a SpaceX equity stake.

• SpaceX stake would be held as a strategic technology holding.

• Company says SpaceX’s LEO comms, sensing and defense portfolio complement its platform.

Note: This is approval to pursue the stake, not a completed acquisition yet.