Montreal, Quebec – (Newsfile Corp. – March 22, 2022) – Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q) (“QeM” or the “Company”) is pleased to announce the launch of its game changer QRNG2, a new Quantum Random Number Generator (QRNG) generating pure entropy at 1.5 Gb/s, the highest throughput available today in a marketable QRNG.
QeM is developing the next generation of QRNG solutions based on electron quantum tunneling. The company has several core patents registered in Canada, USA, China and internationally. Our first product meets all the requirements of the NIST and Dieharder tests.
Bertrand Reulet, Founder and CTO of QeM, said: “We are very proud to introduce a high-performance new QRNG based on electron-quantum tunneling, a pure quantum effect that guarantees complete randomness. With an optimized configuration, this remarkable technology has the capacity to deliver >5 gigabits per second (“Gbps”) full of entropy, and we anticipate that a PCIe version could reach up to 20 Gb/s. Such performance levels position our devices squarely in the space of 5G communications applications and other high-speed demanding applications.”
Random numbers are required to generate data encryption keys and their quality has a significant impact on encryption strength and quality. Most current applications use pseudo-random numbers generated by algorithms to initialize or “seed” encryption, which can compromise encryption security. Conversely, true random numbers (those with “full entropy”) are completely unpredictable and help generate uncrackable cryptographic keys.
Francis Bellido, CEO of QeM, commented: “Our technology is not only extremely powerful, but also shows clear advantages in terms of robustness, scalability and costs. In addition, it is versatile enough to be configured in an ultra-portable USB -type key or embedded in a PCIe board. Our first product represents the remarkable potential of our technology platform. It can also be used as a development platform for cybersecurity applications in a variety of industries such as data centers, finance, telecom, military, etc. QeM explores the development of its own applications in areas and industries of the economy that require high quality require cryptographic encryption as an integral part of their value proposition. Accordingly, our focus is on secure communications and blockchain applications, as they are extremely heavily leveraged in cryptography, and their effectiveness depends on strong random number generation to ensure inviolability.”
The QRNG market is expected to reach $14 billion by 2030, according to a recent report by IQT Research, which highlights the ever-growing role that QRNGs will play in the fight against cybercrime. All major business verticals such as data center, finance, IoT, military, smartphones to name a few will benefit from QRNGs as a key technology for quantum-level security and a welcome improvement over current cybersecurity tools and practices.
The company’s mission is to meet the growing demand for affordable hardware security for connected devices. The patented quantum random number generator solution leverages the built-in unpredictability of quantum mechanics and promises enhanced security to protect high-value assets and critical systems.
The company intends to focus on the highly valued financial services, blockchain applications, cloud-based IT security infrastructure, classified government networks and communications systems, secure device encryption (IOT, automotive, consumer electronics) and quantum cryptography.
For more information please contact:
Francis Bellido, Chairman of the Board
Email: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release may contain forward-looking statements that involve known and unknown risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks and uncertainties include those described in the Company’s periodic reports, including the Annual Report, or in Quantum’s filings with securities regulators from time to time.
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