Carlyle Invests in Quantum Leap, a High-Growth National Security Company, in Partnership with Management and Razor’s Edge

Leesburg, VA - September 10, 2025 - Quantum Leap (the "Company") today announced the completion of an investment from funds managed by global investment firm Carlyle (NASDAQ: CG). As part of the transaction, Jim Miller, Quantum Leap Founder and CEO, Razor's Edge, and other existing shareholders have reinvested alongside Carlyle.

Quantum Leap is an innovative provider of cybersecurity and intelligence solutions for U.S. government customers, helping to solve some of the most complex national security challenges. As a trusted government partner, the Company leverages technical, operational, and analytical expertise to offer differentiated intelligence and advanced technology solutions that address customer requirements across the space, cyber, electromagnetic spectrum, and maritime domains.

Jim Miller, who will continue to lead the Company as CEO, said, "We are delighted by this opportunity to partner with Carlyle, one of the preeminent investors in the defense and intelligence sectors, and to benefit from their expertise as we continue to execute for our customers. We chose to partner with Carlyle because of their long track record supporting companies focused on national security and commitment to continue investing in Quantum Leap's people and solutions to drive mission impact."

"We are extremely excited to partner with Jim Miller and the Quantum Leap team," said Dayne Baird, Partner on Carlyle's Aerospace, Defense & Government team. "Quantum Leap is a truly unique business, with extraordinary people and capabilities that are focused on enabling some of our country's most critical and complex missions. We are honored to support Quantum Leap in the pursuit of advancing our national security."

Jack Kerrigan, Managing Partner at Razor's Edge said, "The Quantum Leap team manages programs of global consequence with a level of professionalism, innovation, and focus that is simply extraordinary. We are thrilled to continue this work with Quantum Leap and Carlyle, investors who share Jim's standard of excellence, integrity, and commitment to customers."

J.P. Morgan acted as the exclusive financial advisor to Quantum Leap in connection with the transaction. Covington & Burling LLP acted as legal advisor to Quantum Leap. Latham & Watkins LLP acted as legal advisor to Carlyle.

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About Quantum Leap

Quantum Leap delivers a broad range of national security solutions to a diverse base of U.S. defense and intelligence agencies. Quantum Leap's capabilities are aligned with some of the most critical national security missions and help customers overcome their steepest challenges across the space, cyber, electromagnetic spectrum, and maritime domains. Headquartered in Leesburg, VA, Quantum Leap employs a world-class team of professionals with deep subject matter expertise across technology and intelligence.

About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $465 billion of assets under management as of June 30, 2025, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,300 people in 27 offices across four continents. Further information is available at https://www.carlyle.com. Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

About Razor's Edge

Razor's Edge is a growth equity firm that invests in technology companies in national security and high-growth commercial markets. In addition to providing capital to accelerate the pace of innovation, Razor's Edge offers direct and practical operational support informed by decades of collective experience in the national security sector. The Razor's Edge team works tirelessly to identify disruptive technologies and capabilities that can solve critical mission needs and deliver them to government and commercial customers who need them. For more information, visit https://www.razorsvc.com.

Media Contacts:

For Quantum Leap:

Bonnie Good

(703) 783-5203, extension 112

[email protected]

For Carlyle:

Brittany Bensaull
(212) 813-4839
[email protected]

For Razor's Edge:

Jack Kerrigan

(703) 774-8797

[email protected]