DoMobile Ver.5
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01 Quantum Reports First Quarter 2026 Results and an Update on Business Developments
TMX Newsfile· 2026-03-19 12:00
Core Insights - 01 Quantum Inc. reported its first quarter 2026 results, highlighting significant growth in revenue and ongoing advancements in its cybersecurity technology tailored for the quantum computing era [1][13][14]. Commercial Deployments - The company has launched its DoMobile Ver.5, a quantum-safe remote access platform, in Japan, which integrates IronCAP™ PQC to counter harvest-now-decrypt-later threats [3]. - The $qONE token, launched on February 6, 2026, is the first quantum-resistant token and wallet on the Hyperliquid platform, enabling secure transactions on existing blockchains [4]. - A Layer 1 Migration Toolkit is set to be released in late April 2026, aimed at facilitating the transition of existing blockchains to quantum-resistant security [5]. Quantum Safe AI Opportunity - The development of the Quantum AI Wrapper (QAW) is ongoing, designed to allow AI systems to process data without exposing it in readable form, thus enhancing security [7][10]. - Recent analyses indicate a rise in AI-related breaches, with approximately 60% of organizations experiencing AI-powered attacks, underscoring the need for secure AI environments [8][9]. - The global privacy-preserving AI market is projected to grow to approximately $9 billion by 2029, indicating a significant opportunity for QAW [11][12]. Financial Performance - For Q1 2026, the company reported a revenue of $349,766, a substantial increase from $86,505 in Q1 2025, primarily driven by development fees from PQC-enabled applications [14]. - The IFRS loss for the period was $569,495, compared to a loss of $135,439 in Q1 2025, with adjusted losses reflecting underlying cash expenditures [13][24]. - Operating expenses rose to $919,996, influenced by increased R&D activities and commercial development efforts [15]. Liquidity and Outlook - As of January 31, 2026, the company had cash and GICs totaling $3.36 million, which is deemed sufficient to support ongoing operations and commercialization initiatives [16]. - The outlook for 2026 includes expanding the adoption of existing products and advancing the QAW towards commercial availability, positioning the company as a leader in quantum-resilient cybersecurity [17][18].
01 Quantum Reports Fourth Quarter 2025 Results and Provides an Update on Business Developments
TMX Newsfile· 2026-01-22 13:00
Core Insights - 01 Quantum Inc. has successfully completed its rebranding from 01 Communique Laboratory Inc. and is now focused on providing quantum-resilient cybersecurity solutions [1][13] - The company reported significant revenue growth in Q4 2025, with a total revenue of $434,724 compared to $82,155 in Q4 2024, and an annual revenue of $767,993, up from $412,948 in fiscal 2024 [15][18] Corporate Developments - The company advanced various initiatives in Post-Quantum Cryptography (PQC) product verticals, strategic partnerships, and commercialization efforts throughout fiscal 2025 [3] - A new PQC-enhanced remote access platform, DoMobile Ver.5, was commercially released in collaboration with Hitachi Solutions Create, targeting the Japanese market [4] - A strategic alliance with qLABS Foundation was established to develop quantum-safe tokens, with the launch of qONE planned for February 2026 [6][7] - Development of the Quantum AI Wrapper (QAW) is ongoing, targeting encrypted AI inference for Small Language Models (SLM) [9][11] - Commercialization efforts for IronCAP X™ are being advanced through a partnership with Turnium Technology Group Inc. [12] Financial Performance - The company recorded a comprehensive loss of $352,453 in Q4 2025, compared to a loss of $97,698 in Q4 2024, and an annual comprehensive loss of $1,126,086 for fiscal 2025, up from $318,790 in fiscal 2024 [17][18] - Operating expenses increased due to higher R&D expenditures and stock-based compensation, with total cash operating expenses for fiscal 2025 amounting to $1,418,848 [19][18] - As of October 31, 2025, the company held cash and guaranteed investment certificates totaling $3,072,651, a significant increase from $139,126 at the same time in 2024 [20] Stock Options and Financing - The company granted stock options to directors and executives for the purchase of 775,000 common shares at a price of $0.62 per share, with a vesting period of two years [21] - Three equity financings were completed during the year, providing gross proceeds of $3,779,900, which strengthened the company's financial position [14]
01 Quantum Inc. and Hitachi Solutions Create, Ltd. Announce Availability of "DoMobile Ver.5," a Remote Access System Enhanced with Post-Quantum Cryptography
TMX Newsfile· 2026-01-15 13:00
Core Viewpoint - 01 Quantum Inc. and Hitachi Solutions Create Ltd. have launched DoMobile Ver.5, integrating post-quantum cryptography (PQC) to enhance cybersecurity for remote access communications, addressing the rising threat of quantum-enabled cyberattacks [1][2]. Group 1: Product Launch and Features - DoMobile Ver.5 is now available to customers in Japan as of January 15, 2026, and incorporates PQC to protect against emerging quantum threats [1][2]. - The platform has been in operation since 2002, serving approximately 7,000 companies and 36,000 users, particularly in the financial sector [6]. - Key features of DoMobile Ver.5 include quantum-resistant security, adoption of NIST-standardized technology, no additional cost for PQC, and being the first to market in Japan with PQC functionality [8][10][11][12]. Group 2: Industry Context and Threats - The rise of quantum computing poses a significant risk to traditional encryption methods like RSA and ECC, which may be compromised sooner than expected [4]. - "Harvest Now, Decrypt Later" (HNDL) attacks are a growing concern, where adversaries collect encrypted data today for future decryption using quantum capabilities [4][5]. - There is a global push for the adoption of PQC, with financial regulators urging institutions to transition to safeguard critical information [5].