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QUANTUM EMOTION CORP (symbol: QNCCF) is a pioneering force in classical and quantum cybersecurity solutions, focusing on developing revolutionary quantum-based security solutions to combat modern cyber threats. The company offers cutting-edge post-quantum cryptography and cloud-based security solutions through a landmark partnership with CSR5 GLOBAL Inc., redefining the cybersecurity landscape. Anchored by its patented Quantum Random Number Generator technology, QeM aims to provide enhanced protection for high-value assets and critical systems. With a strategic focus on sectors like financial services, healthcare, blockchain applications, and secure device keying, QeM is paving the way for a secure digital future.
Quantum eMotion (QNCCF) has successfully closed its brokered private placement, raising C$10,000,000 through the issuance of 13,333,333 units at C$0.75 per unit. Each unit comprises one common share and one warrant, with each warrant allowing the purchase of an additional share at C$1.10 within 3 years.
The financing was conducted under the LIFE Exemption, with A.G.P. Canada Investments ULC acting as sole bookrunner. The company plans to use the proceeds to accelerate R&D efforts, expand their R&D team, and support commercialization initiatives. The securities issued are expected to be immediately freely tradeable under Canadian securities laws.
As compensation, the Agent received a 6.5% cash fee and non-transferable warrants representing 5.0% of the total units issued, exercisable at C$0.88 for 30 months.
Krown Technologies has unveiled Excalibur, the world's first quantum-secured crypto cold wallet powered by Quantum eMotion's QRNG technology. The groundbreaking hardware wallet, comparable in size to a thumb drive, integrates true quantum randomness to protect digital assets against advanced cyber threats, including quantum computing attacks.
Through a five-year non-exclusive global license agreement, Krown Technologies will incorporate QeM's QRNG technology into blockchain applications, with both companies sharing revenue from Excalibur's commercialization. The wallet's key features include quantum-secured encryption, maximum security design, universal compatibility, and first-of-its-kind innovation in cold storage security.
According to Dr. Francis Bellido, QeM's CEO, their Cold Wallet prototype has shown a 98% reduction in monetary loss risk compared to traditional cold wallets. Krown Technologies is finalizing Excalibur's design, with prototype testing scheduled to begin once initial units are ready. The company is currently conducting an ICO Pre-Sale for Krown Coin ahead of their official blockchain launch.
Krown Technologies has unveiled Excalibur, the world's first quantum-secured crypto cold wallet powered by Quantum eMotion's (QNCCF) QRNG technology. The device, no larger than a thumb drive, integrates true quantum randomness to protect digital assets against advanced cyber threats, including quantum computing attacks.
The partnership involves a five-year, non-exclusive global license for Krown to integrate QeM's QRNG technology into blockchain applications, operating under a revenue-sharing model. The cold wallet prototype has demonstrated a 98% reduction in monetary loss risk compared to traditional cold wallets.
Key features include quantum-secured encryption, maximum security design, and universal compatibility for storing any digital asset. Krown Technologies is finalizing the Excalibur design, with prototype testing planned to begin once initial units are ready.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has secured a non-exclusive licensing agreement with Quantolio, granting access to its proprietary Entropy-as-a-Service (EaaS) technology. The deal, valued at $1.0 million in annual licensing fees plus revenue-sharing, will integrate QeM's quantum-based technology into Quantolio's AI-powered financial platforms.
The partnership aims to enhance financial applications through quantum randomness, particularly in AI-driven decision-making processes. QeM's Quantum Random Number Generator (QRNG) technology will be utilized to improve Monte Carlo simulations, risk management models, and market prediction capabilities. The worldwide license focuses on applications in finance, FinTech, and Quantum AI sectors.
Quantum eMotion (QNCCF) has entered into a Memorandum of Understanding with Energy Plug Technologies to integrate quantum-based cybersecurity into energy storage and management solutions. The partnership aims to protect energy infrastructure using QeM's True Entropy technology, which combines electron-based Quantum Random Number Generation (QRNG) with classical and post-quantum encryption.
The collaboration addresses growing cybersecurity concerns in the energy sector, where 65% of energy professionals consider cybersecurity their greatest business risk, according to a DNV Cyber report. The integration will protect battery energy storage systems (BESS), inverters, and energy management platforms from sophisticated cyberattacks.
This strategic partnership focuses on securing grid-connected, off-grid, and microgrid applications across critical sectors including utilities, AI-powered data centers, defense, and essential infrastructure. The initiative responds to the increasing digitalization of energy networks and the need for enhanced security measures in smart, decentralized energy systems.
Quantum eMotion Corp. (QNCCF) has entered into a Memorandum of Understanding with Energy Plug Technologies Corp. to integrate quantum-based cybersecurity into energy storage and management solutions. The partnership aims to protect energy infrastructure using QeM's True Entropy technology, which combines electron-based Quantum Random Number Generation (QRNG) with classical and post-quantum encryption.
The collaboration addresses growing cybersecurity concerns in the energy sector, where 65% of energy professionals identify cybersecurity as their greatest business risk, according to a DNV Cyber report. The integration targets protection for battery energy storage systems (BESS), inverters, and energy management platforms across utilities, AI-powered data centers, defense, and essential infrastructure.
The partnership focuses on securing increasingly interconnected AI-driven energy grids against sophisticated cyberattacks by implementing advanced point-to-point encryption for energy infrastructure.
Quantum eMotion (QNCCF) has announced breakthrough results for its quantum-based hardware wallet, demonstrating up to 98% reduction in monetary loss risk compared to traditional HD wallets. The wallet, announced in July, incorporates proprietary Quantum Random Number Generation (QRNG) technology and intelligent key generation.
The solution features cost-effective design by reusing hardware components for parent and child key generation, and includes an advanced resetting mechanism against brute-force attacks. The hybrid Quantum-as-a-Service (QaaS) wallet combines QRNG-powered key generation with deep learning algorithms to optimize key scheme selection based on user behavior.
The technology has been successfully implemented for Ethereum transactions and validated through research collaboration with ETS Montreal and University of Sherbrooke, with findings published in Springer Nature.
Quantum eMotion (QNCCF) has taken legal action against Terranova Defense Solutions following disputed statements about QeM's quantum-based communication security platform. The company has sent a formal demand letter requesting Terranova to correct its previous statements, ensure confidentiality of QeM's information, and cease making defamatory statements.
QeM emphasizes that Terranova never had access to their technology, making their claims unfounded. While Terranova has removed the statements in question, they have not responded to QeM's requests. The company maintains its focus on executing its business plan, including improving its patented technologies and pursuing commercialization efforts.
Quantum eMotion (QNCCF) has secured $2.25 million through the complete exercise of 15 million common share purchase warrants at $0.15 per share, originally issued in March 2024 with expiration on March 20, 2025. The funding saw significant participation from management and insiders, demonstrating internal confidence in the company's direction.
The proceeds will be used to accelerate the commercialization of their quantum cybersecurity product Sentry-Q, pursue new business opportunities, and enhance shareholder value. Additionally, the company announced its participation in the 11th Annual AlphaNorth CEM Capital Event from January 17-19, 2025, in Nassau, where CEO Francis Bellido will conduct one-on-one meetings with investors to discuss QeM's position in the quantum cybersecurity market.
Quantum eMotion (QeM) addresses and dismisses recent defamatory claims about its quantum-based communication security platform made by Terranova Defence Solutions. Krown Technologies has publicly endorsed QeM's technology, strengthening their collaboration and validating the company's quantum solutions.
CEO Francis Bellido reinforces confidence in their QRNG2 technology, developed by Professor Bertrand Reulet at the University of Sherbrooke and enhanced at ETS Montreal. The technology meets NIST compliance standards. QeM is currently collaborating with Platform for Digital and Quantum Innovation (PINQ²) to test their security platform's resilience, partnering with IBM Quantum's Qiskit platform. This testing project, initiated in May 2024, aims to evaluate QRNG2's resistance against quantum computer attacks, with results expected in Q1 2025.
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