HiBy FC3, a USB DAC + headphone amplifier, for use with smartphones, computers, etc. Supports MQA.

Using the DAC chip ES9281PRO which you can see on some DAC/AMPs like EarMen Sparrow (199$), Zorloo Ztella (99$), HELM BOLT DAC/AMP (99$) and Hilidac Atom Pro (69$).

Supporting DSD 128, 70mW 3.5mm stereo out, and MQA rendering. Price is not announced yet, probably will be much cheaper than their  R2 MQA DAP which just costs 99$ on the market.

We might be looking for the cheapest MQA supporting DAC/AMP on the market. Stay tuned.

UPDATE for the price, it’s 69$.