- Quantum eMotion (QNC) has delineated its expected milestones for 2022
- These include the near-term completion of its portable QRNG USB-type device
- The development of the first prototypes of its QRNG key and QRNG-embedded CMOS chip
- Additionally, the company intends to develop security solutions for the blockchain and cryptocurrency space
- Quantum eMotion’s Quantum Random Number Generator exploits quantum mechanics to provide enhanced security for high-value assets and critical systems
- Quantum eMotion (QNC) is up by 3.03 per cent trading at $0.17 per share
Quantum eMotion (QNC) has delineated its expected milestones for 2022.
2021 highlights
- Developed a portable QRNG USB-type device with Syntronic, which serves as the foundation of its first line of commercial products
- Expanded its patent portfolio to cover a new technology bridging the gap between quantum-level cryptography and consumer electronics. The product will eventually become a plug-and-play QRNG module that provides hardware protection for consumer electronics
- Adopted a focus on the blockchain and cryptocurrencies market, which requires strong random number generation to ensure inviolability
“The disruption and havoc created by cybercriminals continue to be exacerbated by the COVID-19 crisis and cybersecurity is now a central focus for headline news,” stated Francis Bellido, CEO of Quantum eMotion. “Accordingly, the global cybersecurity market is projected to exceed US$300 billion in the near term.”
“What lies ahead is very exciting for our shareholders,” he added. “I believe that 2022 will be a transformational year for QeM as the company prepares itself to accomplish several significant milestones.”
2022 guidance
- Near-term completion of its portable QRNG USB-type device to pass NIST certification and enable business development activities
- Development of the first prototype of its micro-sized, low-energy, low-cost QRNG-embedded CMOS chip, which will target mobile, 5G and specific IOT applications
- Completion of the first prototype of its ultraportable QRNG key to communicate uncrackable information across the internet
- Development of security solutions for blockchain applications to capitalize on low-hanging fruit market opportunities
Quantum eMotion’s Quantum Random Number Generator exploits quantum mechanics to provide enhanced security for high-value assets and critical systems.
Quantum eMotion (QNC) is up by 3.03 per cent trading at $0.17 per share as of 1:28 pm EST.