Full Press Release Details
Inspira and Qarakal Sign Joint Development Agreement
for Cryogenic Interconnects in Superconducting Quantum Systems
RA'ANANA, Israel, April 30, 2026 - Inspira Technologies OXY B.H.N.
Ltd. (Nasdaq: IINN) ("Inspira" or the "Company") today announced the entry into a Joint Development Agreement
(the "Agreement") with Qarakal Quantum Ltd. ("Qarakal Quantum" or "Qarakal"), a full-stack quantum computing
company developing superconducting quantum computers. The collaboration brings Inspira's Additively Manufactured Electronics (AME) platform,
which operates under the brand name QTREX, into a working superconducting quantum environment to address
one of the field's most persistent scaling challenges: high-performance signal connectivity in cryogenic environments.
The Agreement establishes a structured, multi-phase engineering program
to test and evaluate Inspira's technology under quantum-relevant cryogenic conditions. Qarakal Quantum will provide the technical requirements
for the program, after which the parties will finalize a joint development plan with agreed success metrics, testing scope, timelines,
and resource commitments.
Under the joint development plan, Inspira will provide Qarakal Quantum
with 3D-printed conductive and insulating structures designed to test high-density routing, integrated transitions, embedded shielding
concepts, monolithic rigid-flex structures, and more compact interconnect geometries within constrained cryogenic volumes. Qarakal Quantum
will test and integrate these structures at milli-Kelvin temperatures in its cryogenic development environment and provide engineering
Qarakal's technology reflects a convergence of advanced academic
research, intellectual property and hands-on engineering execution. Qarakal focuses on the design and fabrication of superconducting quantum
processors, along with the development of novel quantum gates and circuits aimed at addressing complex computational challenges beyond
the practical reach of classical systems.
"This Agreement places Inspira's technology in a real-world quantum
development environment, where its performance can be evaluated under relevant cryogenic conditions," said Dagi Ben-Noon, Chief Executive
Officer of Inspira. "This is a structured technical collaboration built around to be agreed upon defined metrics, direct cryogenic
testing, and engineering feedback. This is how real value is built in quantum infrastructure- through measurable execution against one
of the field's most important scaling challenges."
Dr. Nissan Maskil, Chief Executive Officer of Qarakal Quantum, added:
"At Qarakal, our mission is to move quantum computing beyond monolithic lab machines toward modular, deployable, and scalable quantum
infrastructure. A critical bottleneck in this evolution is the cabling density and thermal efficiency required to manage scaling signal
connectivity within the dilution refrigerator."
This collaboration marks a concrete step in Inspira's strategic
expansion into quantum computing and reinforces the Company's focus on addressing one of the field's most important infrastructure
bottlenecks: high-performance connectivity within cryogenic environments for superconducting systems.
About Inspira Technologies
Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN, IINNW) is a technology company focused on solving the most critical physical and hardware
bottlenecks in quantum computing connectivity. Inspira develops unique quantum connectivity solutions designed for high-density, thermally
optimized operation in dilution cryostats, a prerequisite for scaling quantum systems beyond current physical limitations. Additionally,
the Company continues to advance its medical technology portfolio, including its respiratory support and blood monitoring platforms under
a dedicated business unit. For more information, please visit: www.q-trex.com and www.inspira-technologies.com
About Qarakal Quantum
Qarakal Quantum is a quantum computing company building modular, deployable
superconducting quantum systems designed for real-world scale. By combining application-specific quantum chips, full-stack co-design,
and a patented modular architecture, Qarakal enables quantum computers that can be upgraded, expanded, and adapted for operational use-moving
the industry beyond monolithic lab machines toward scalable quantum infrastructure. The company was co-founded by its CEO, Dr. Nissan
Maskil, who brings deep systems engineering and defense-industry leadership experience, and its CTO, Prof. Nadav Katz of the Hebrew University
of Jerusalem, a leading physicist in superconducting quantum systems. For further information, please visit: https://qarakal.ai/
Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements
pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of
the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those
described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the expected
outcomes and benefits of the Agreement with Qarakal Quantum, including the ability to successfully develop, test and evaluate its cryogenic
interconnect technologies under quantum-relevant conditions, , the potential performance and scalability of its solutions in cryogenic
environments, the expected value of engineering feedback and performance data obtained through the collaboration, the ability of the
Company's technology to address key connectivity challenges in quantum computing infrastructure, the Company's strategic
expansion to quantum computing, Qarakal's mission to move quantum computing beyond monolithic lab machines toward modular, deployable,
and scalable quantum infrastructure and the potential for such collaborations to support the Company's broader strategic expansion
into the quantum computing market and development of future commercial opportunities. These forward-looking statements and their implications
are based solely on the current expectations of the Company's management and are subject to a number of factors and uncertainties
that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required
by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events
or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks
and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's annual report
on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the "SEC"),
which is available on the SEC's website at www.sec.gov.
Inspira Technologies
Email: info@inspirao2.com
Phone: +972-9-9664485
Investor Relations Contact
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North American Equities Desk