Quantum cybersecurity battery technology
(Source: Adobe Stock. Generated by AI)
  • Quantum eMotion (TSXV:QNC) signed a memorandum of understanding with Energy Plug Technologies (CSE:PLUG) to integrate quantum cybersecurity into energy storage and management products
  • The companies are targeting expansion in several critical sectors
  • Quantum eMotion specializes in classical and quantum cybersecurity solutions
  • Quantum eMotion stock has added 1,380 per cent year-over-year

Quantum eMotion (TSXV:QNC) signed a memorandum of understanding with Energy Plug Technologies (CSE:PLUG) to integrate quantum cybersecurity into energy storage and management products.

The companies will deploy Quantum eMotion’s Quantum Random Number Generation, as well as classical encryption technology, to build an adaptable security framework to neutralize and protect against cyber threats for energy infrastructure, including grid-connected, off-grid and microgrid applications.

The collaboration intends to enhance offerings of battery energy storage systems, inverters and energy management platforms by equipping them for artificial intelligence’s rapid global development. In a recent DNV Cyber report, 65 per cent of energy professionals acknowledged cybersecurity as the greatest threat to their business, with AI representing an essential component to future-proofing operations.

According to Tuesday’s news release, the companies envision that their partnership will add value to “critical sectors, including utilities, AI-powered data centers, defense and essential infrastructure,” potentially leading to multiple revenue streams contingent on successful product development.

Leadership insights

“Energy infrastructure is a prime target for cyber threats and conventional security measures are no longer enough,” Francis Bellido, Quantum eMotion’s chief executive officer (CEO), said in a statement. “By embedding quantum encryption directly into energy management systems, we are setting a new standard for data protection in the energy sector.”

“The future of energy is increasingly smart, decentralized and interconnected, bringing both opportunities and critical cybersecurity challenges,” added Paul Dickson, CEO of Energy Plug Technologies. “In collaboration with Quantum eMotion, we are integrating advanced quantum encryption into our energy systems to fortify critical infrastructure against evolving cyber threats. This strategic initiative ensures our customers benefit from the highest level of security, reliability and resilience in energy management.”

About Energy Plug Technologies

Energy Plug Technologies develops battery energy storage systems and energy management solutions with a focus on residential, commercial and utility applications.

About Quantum eMotion

Quantum eMotion specializes in classical and quantum cybersecurity solutions. The company’s offerings are based on its patented Quantum Random Number Generator, which exploits the unpredictability of quantum mechanics to protect high-value assets and critical systems.

Quantum eMotion stock (TSXV:QNC) last traded at C$0.74 per share. The stock has added 1,380 per cent year-over-year. 

Join the discussion: Find out what everybody’s saying about this quantum cybersecurity stock’s partnership with Energy Plug Technologies on the Quantum eMotion Corp. Bullboard and check out Stockhouse’s stock forums and message boards.

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(Top image, generated by AI: Adobe Stock)


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