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01 Communique Announces Proposed Name Change to 01 Quantum Inc.
Newsfile· 2025-07-16 12:00
Core Viewpoint - 01 Communique Laboratory Inc. is proposing to change its name to 01 Quantum Inc. to better reflect its focus on enterprise-grade cybersecurity solutions for the quantum computing era [1][2][3] Company Summary - The name change has been unanimously approved by the board of directors and will be presented to shareholders for approval on September 17, 2025 [2] - The company will continue to trade under the ticker symbol ONE on the TSX Venture Exchange and OONEF on the OTCQB market [2] - The company has developed patented quantum-safe cryptography and is at an inflection point with its products now commercially ready [3] - The IronCAP™ platform is designed to protect data against emerging threats from quantum computing [3] Industry Summary - The global Post-Quantum Cryptography (PQC) market is projected to grow from USD 1.22 billion in 2024 to approximately USD 29.95 billion by 2034, with a compound annual growth rate of 37.72% from 2025 to 2034 [5] - The market growth is driven by increased R&D in quantum computing and rising concerns about data security [5] - Regulatory momentum is building, with agencies like NIST finalizing quantum-resistant standards and governments enacting legislation to mandate PQC adoption [6] - 01 Quantum is positioned to capitalize on this growth with its IronCAP™ and IronCAP X™ platforms already deployed in various security solutions [6]