Zapata Quantum, Inc.

Zapata Quantum, Inc. is a pure-play hardware-agnostic quantum software company that provides solutions to efficiently deploy and accelerate the development of quantum and hybrid quantum-classical computing applications. The company was founded in 2017 by researchers from a Harvard University Quantum Computing Lab. Zapata Quantum has developed an intellectual property portfolio in quantum and hybrid quantum-classical computing and algorithmic methods, with over 60 patents granted and pending over eight years. Its software platform for quantum computing applications supports use cases in cryptography, pharmaceuticals, manufacturing, materials discovery, and defense. Zapata Quantum is the only organization to have participated across all technical areas of the Defense Advanced Research Projects Agency's (DARPA)'s Quantum Benchmarking program and has worked with Fortune 500 enterprises and government agencies. On March 28, 2024, the company completed a business combination. In late 2024, Zapata Quantum temporarily suspended operations due to limited capital and inability to access adequate liquidity. In June 2025, the company commenced debt restructuring and capital raising transactions, reinstating operations by exchanging outstanding obligations with unsecured creditors for Common Stock and selling convertible notes and warrants for gross proceeds of $3 million. The company continues efforts to negotiate, restructure obligations, and raise capital.