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Quantum Computing Inc. Ships First Commercial Entangled Photon Source for Quantum Communication Research
Prnewswire· 2025-06-17 12:30
Core Insights - Quantum Computing Inc. (QCi) has successfully shipped its first commercial entangled photon source to a leading research institution in South Korea, marking a significant milestone in the company's transition of proprietary quantum technologies to commercial markets [1][4] Product Details - The entangled photon source is a broadband, standalone device built on Spontaneous Parametric Down-Conversion (SPDC) using a periodically-poled, bulk format lithium niobate (PPLN) structure, designed for stability and compatibility with existing fiber optics infrastructure [2] - It operates in the C-band telecommunication range and integrates seamlessly into research environments focused on advancing quantum communication protocols [2] Strategic Importance - The entangled photon sources are integral to QCi's quantum cybersecurity platform, which received the Edison Award in 2024, highlighting the technology's recognition and potential impact [3] - The shipment to Korea demonstrates the execution of QCi's strategy in servicing the versatile quantum market and reflects growing market interest in integrated quantum systems [4] Future Developments - QCi plans to further miniaturize and enhance future generations of entangled photon sources using thin-film lithium niobate (TFLN) technology at its U.S.-based foundry, indicating a commitment to innovation and scalability in quantum technologies [3]
Quantum eMotion Announces Upsized Brokered LIFE Financing of C$12,000,000
Globenewswire· 2025-05-30 18:35
Core Viewpoint - Quantum eMotion Corp. has announced an increase in its brokered private placement to C$12,000,000 due to heightened institutional demand, consisting of 8,000,000 units priced at C$1.50 each [1] Group 1: Offering Details - The offering will be conducted under the listed issuer financing exemption, allowing for immediate tradeability of the securities without a hold period under Canadian securities laws [3] - A.G.P. Canada Investments ULC is the sole bookrunner and agent for the offering, with A.G.P./Alliance Global Partners acting as the sole U.S. placement agent [2] - The expected closing date for the offering is around June 2, 2025, subject to necessary approvals [5] Group 2: Company Overview - Quantum eMotion aims to meet the growing demand for affordable security solutions for connected devices, leveraging its patented Quantum Random Number Generator for enhanced cybersecurity [7] - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, and Quantum Cryptography [7]
Quantum eMotion Finalizes QRNG Hybrid Chip Design, Commences Manufacturing with TSMC
Newsfile· 2025-05-26 17:53
Core Insights - Quantum eMotion Corp. has successfully completed and validated its first-generation Quantum Random Number Generator (QRNG) chip design, which is now in manufacturing with TSMC [1][2] - The QRNG chip utilizes quantum electron tunneling to produce random bits at high speeds, confirming its potential for cybersecurity applications [2][3] - The global QRNG chip market is projected to grow from approximately USD 150 million in 2024 to USD 2 billion by 2033, with a CAGR of 34.5% from 2026 to 2033 [5] Company Developments - The finalized QRNG chip design integrates an ultra-low-noise wideband amplifier and a high-precision analog-to-digital converter, validated by academic teams [3] - The chip is designed to generate over 1 Gbit/sec of true quantum random numbers and features built-in self-diagnostic capabilities [4] - Quantum eMotion aims to enhance digital security against emerging quantum threats with its patented QRNG technology [5][6] Market Potential - The company targets sectors such as Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security, and Quantum Cryptography [7] - The QRNG chip's development aligns with the increasing demand for affordable security solutions for connected devices [6]