Quantum industry leader and former QuIC Executive Director joins SemiQon to accelerate commercialization and strengthen the company’s global market presence. SemiQon, a global leader in scalable quantum hardware and cryo-optimized CMOS solutions, announces the appointment of Dr. Thierry Botter as Chief Commercial Officer (CCO). Dr. Botter brings extensive experience at the intersection of technology, business, and policy, having spent years helping shape the development of the global quantum industry. “Quantum is a unique industry where commercialization is happening in parallel with engineering breakthroughs. We need to build best-in-class technology, but we also need people like Thierry who can bridge the technical with a strong understanding of what the industry needs. Thierry brings a rare combination of ecosystem knowledge, industry connections, and commercial vision that will help SemiQon in this next phase of growth,” says SemiQon CEO Himadri Majumdar. Dr. Botter is widely recognized as a leading voice in the quantum industry. Most recently, he served as Executive Director of the European Quantum Industry Consortium (QuIC), a pan-European association representing more than 230 members and affiliates. He stepped down from the role in August 2026 after a five-year term, during which he helped establish QuIC as one of the key pillars of Europe’s quantum ecosystem. Prior to joining QuIC, Dr. Botter held leadership positions at Airbus, working on advanced technology and innovation initiatives. He holds a PhD in Physics from the University of California, Berkeley, and a master’s degree in aerospace engineering from the University of Illinois Urbana-Champaign. A long-standing contributor to the World Economic Forum’s work on quantum technologies, Dr. Botter has also advised several international industry and policy bodies. “What attracted me to SemiQon is the company’s clear vision for bringing the scalability of semiconductors to quantum computing,” says Dr. Botter. “The team has demonstrated remarkable progress in a short period of time, pairing technological innovation with a strong focus on commercialization. I’m excited to join SemiQon and help accelerate its growth and impact.” Over the past years, SemiQon has achieved major milestones with its cryogenically optimized CMOS technology, secured significant public and private funding, established strategic partnerships, and launched its first commercial products. “Thierry has shown the vision to execute industry-defining projects, both at Airbus and in building QuIC into what it is today,” adds Majumdar. His experience will be invaluable as we continue to shape the future of the quantum industry.”   About SemiQon The future of quantum depends on solving one problem: scalability. SemiQon develops cryo-optimized CMOS solutions that operate at ultra-low temperatures and across qubit modalities. The technology combines unmatched power efficiency at qubit level with the manufacturing advantages of semiconductors. With in-house design, measurement and fabrication facilities, SemiQon is clearing the path for truly scalable quantum computing. www.semiqon.com Media inquiries Ulla Henttonen Head of Public Affairs and Communications ulla.henttonen@semiqon.tech +358 45 7872 0395

22 October 2026, London / Bengaluru VIDYAQAR™ open-architecture quantum system now operating in Bengaluru, targeting quantum’s scarcest resource: people QuantrolOx, the University of Oxford spin-out, has built and delivered Q-HUB@MAHE at Manipal Academy of Higher Education. It is India’s most advanced quantum centre and a project of profound national importance. At its core is VIDYAQAR™, QuantrolOx’s open-architecture quantum system, which was inaugurated on 13 October and is now operating. It is stage one of a roadmap to more than 1,000+ qubit systems at Q-HUB@MAHE. The quantum industry is running short of people. McKinsey estimates that quantum computing revenue could reach $72 billion by 2035, up from about $4 billion in 2024. Yet it also found just one qualified candidate for every three quantum job openings. India, with a ₹6,003.65 crore National Quantum Mission, is positioned to supply that talent at scale. VIDYAQAR™ is designed to train it. Engineers can open, test and replace every component, building skills on real hardware rather than on sealed systems. Before installation, QuantrolOx trained faculty and students from Manipal Academy of Higher Education, in Bengaluru and at the QuantrolOx laboratory at QuTech, Delft. Among the first trainees are seven second-year undergraduates from MAHE, whom Chatrath calls “the Magnificent Seven”. They are among the first undergraduates anywhere to train in building real quantum computing hardware. “Money is coming. Talent is missing,” said Vishal Chatrath, Co-Founder and CEO, QuantrolOx, speaking at the inauguration of Q-HUB@MAHE. “Q-HUB is India’s quantum test track, equipped on a par with the best in the world. But the most important thing Q-HUB builds isn’t a component. It’s people.” “Everyone is racing to build qubits. We build what every qubit needs: the tools to control it and people to run it,” said Srishti Mahajan, Global Head of Strategy and Corporate Development, QuantrolOx. “From Berkeley to Taipei to Bengaluru, that is where lasting value sits.” The deployment is a working example of UK-India cooperation in quantum, one of seven priority areas under the UK-India Technology Security Initiative. About QuantrolOx QuantrolOx is a University of Oxford spin-out building control software and open-architecture quantum systems, including Quantum EDGE™, VIDYAQAR™ and Quantum EDGE Academy™. Its technology powers quantum labs at UC Berkeley, Academia Sinica (Taiwan) and Q-HUB@MAHE. It operates in the UK, Finland, the United States and India. Media Contact Email: media(at)quantrolox.com

IW Capital leads Series A2 funding round alongside the European Innovation Council (EIC) Fund to support QuantrolOx’s commercial growth, quantum workforce development and expansion in North America. QuantrolOx, University of Oxford spinout headquartered in Finland with offices in the UK, Netherlands, US and India, has raised €12 million in a Series A2 funding round led by IW Capital, with co-investment from the European Innovation Council (EIC) Fund. The round also includes participation from Voima Ventures, Serendipity Capital, Hoxton Ventures and Transpose Capital. The investment will accelerate QuantrolOx’s commercial growth and international expansion, including its growing presence in North America following the opening of its first US office in Berkeley, California. The round brings QuantrolOx’s total funding to ~$31million or ~€28million. As quantum computing moves towards industrial-scale development, two major challenges remain: automating increasingly complex quantum hardware and training the workforce needed to build and operate it. QuantrolOx addresses both through three complementary products: Quantum EDGE: A hardware-agnostic measurement and automation platform that accelerates QPU development, characterisation, calibration and tuning. Quantum EDGE Academy: A practical quantum hardware training platform combining expert-developed courses with realistic simulated hardware. VIDYAQAR: An integrated, open-architecture superconducting quantum system for education, research, testing and benchmarking. Together, these products help research institutions and quantum hardware companies move from manual workflows towards scalable, automated quantum R&D while developing the engineering skills needed across the industry.  “Every industry is built on its tools and its people. QuantrolOx is building the foundations of the quantum industry: our tools industrialise quantum hardware and train the people to run it. With IW Capital and the EIC Fund behind us, we are setting the standards and accelerating the path to practical quantum computing.” – Vishal Chatrath, Co-founder and CEO, QuantrolOx “Oxford physics, Finnish engineering and a CEO with a great commercialisation track record is a rare combination. QuantrolOx has automated the slowest, most expert-dependent part of running a quantum computer, on any hardware. With research accelerating and governments investing massive amounts of capital to support it, that software only gets more valuable. We’re proud to be backing the team and look forward to helping them scale QuantrolOx into the control layer every quantum computer runs on.” – Charlie Lyon Carroll, Investment Director at IW Capital Expanding Across Europe, North America and Asia Recent milestones include a five-year collaboration agreement with UC Berkeley to advance the industrialisation of superconducting quantum computing, the opening of its Berkeley office, and the launch of Q-HUB@MAHE, at Manipal Academy of Higher Education (MAHE), India, where VIDYAQAR supports open-architecture quantum hardware development and hands on workforce training. QuantrolOx also works with international research institutions and technology partners, including Rigetti, Bluefors, QuantWare, NQCC (UK), Qblox, AQSolotl and UC Berkeley. The funding will scale Quantum EDGE deployments, expand Quantum EDGE Academy and grow the US team as the industry moves towards larger, more complex quantum systems requiring greater automation, interoperability, and skilled engineering talent. About IW Capital IW Capital is a UK-based venture capital firm investing in high-growth SMEs. The firm backs ambitious entrepreneurs building brilliant technology businesses across the UK. To date, IW Capital has invested more than £188m into companies including Strolll, Lucida Medical, Magic AI and Navigator. About QuantrolOx QuantrolOx is a University of Oxford spinout founded in 2021 and headquartered in Finland, with offices in the UK, Netherlands, US and India, developing software, systems, and training solutions for the quantum computing industry. Its products – Quantum EDGE, Quantum EDGE Academy and VIDYAQAR – support quantum hardware automation, research, testing and workforce development. Through its hardware-agnostic approach and international partnerships, QuantrolOx helps universities, research institutions, and industry teams develop and operate scalable quantum systems. Media Contact Website: www.quantrolox.com Email: media(at)quantrolox.com