QUANTUM EMOTION CORP - QNCCF STOCK NEWS

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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.

05/17/2024 09:00 AM

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Quantum eMotion Appoints International Cybersecurity Expert as New Board Member

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Quantum eMotion (QeM) has appointed John Young as a new board member to bolster its cybersecurity and IT operations. Young brings over 35 years of experience in the sector, having previously held significant roles at McDonnell Douglas, Kaiser Permanente, and IBM's Cloud Division. His expertise includes managing IT infrastructure, large-scale data centers, and corporate acquisitions. Young replaces Scott Rickards and will receive 500,000 options as part of his compensation. QeM CEO Francis Bellido welcomes Young, emphasizing his critical role in enhancing the company's security measures and addressing future quantum computing threats.

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05/01/2024 10:56 PM

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Quantum eMotion (QeM) Announce Financial and Operating Results for the Year Ending December 31, 2023

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Quantum eMotion Corp. (QNCCF) announced its financial and operational results for the year ending December 31, 2023. The company focused on advancing its Quantum Random Number Generator technology, increasing R&D expenses, securing a strong cash position, and partnering with key institutions. With a $750K private placement in March 2024, the company is well-positioned for commercialization in sectors like healthcare, defense, and finance.

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04/29/2024 04:10 PM

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Late Filing of Annual Financial Statements

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Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) announces a delay in filing its annual financial statements due to asset evaluation complexities, which have been resolved. Expecting a cease trade order from the Ontario Securities Commission, affecting trading until the documents are filed. No undisclosed material information. Company focuses on cybersecurity solutions.

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04/18/2024 09:00 AM

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Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)

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Quantum eMotion Corp. files a PCT patent application for a quantum-based blockchain wallet leveraging Quantum Random Number Generator technology. The innovative method aims to enhance the security of cryptocurrency wallets by intelligently selecting key generation schemes and utilizing true random number generation. The technology, developed in partnership with Dr. Kaiwen Zhang at ETS, is now patent pending worldwide under the Patent Cooperation Treaty. The global hardware wallet market is projected to grow significantly, reaching $3.6 billion by 2031, driven by the increasing demand for secure cryptocurrency storage solutions amidst rising cyber threats and the potential risks posed by quantum-computer attacks.

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04/08/2024 12:00 PM

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CSR5 GLOBAL and Quantum eMotion Corp. Announce Groundbreaking Partnership to Revolutionize Cybersecurity

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CSR5 GLOBAL Inc. and Quantum eMotion Corp. announce a groundbreaking partnership to enhance cybersecurity with cutting-edge quantum-based solutions. QeM will provide post-quantum cryptography and cloud-based security to CSR5, addressing the increasing cyber threats faced by businesses. The collaboration aims to revolutionize security measures and reduce financial losses caused by cybercrime. QeM's CEO highlights the inadequacy of traditional cybersecurity methods against modern threats, while CSR5's President emphasizes their innovative approach to enhancing security capabilities. The partnership will be showcased at upcoming tech events in Toronto, offering attendees insights and a discounted subscription fee for the first year.

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03/28/2024 09:00 AM

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NSERC Approves $1.2M Groundbreaking Grant to Further Develop Quantum eMotion (QeM) Technology Led by ETS and QeM

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Quantum eMotion Corp. receives a research grant from the Alliance Quantum grants program to develop quantum random number generator technologies for secure cryptography applications, in collaboration with École de technologie supérieure (ÉTS) and other partners.

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03/20/2024 09:29 AM

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Quantum eMotion Announces Closing of Private Placement

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Quantum eMotion Corp. successfully completes a non-brokered private placement, raising $750,000 to finance its Quantum Random Number Generator technology. Strategic investors join to support cyber security efforts in high-profile sectors like Healthcare and Cloud-Based IT Security.

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03/18/2024 09:23 AM

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Quantum eMotion Partners with The Platform for Digital and Quantum Innovation (PINQ²) for Testing its Security Platform using IBM Quantum Computer Powered Simulated Attacks

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Quantum eMotion Corp. partners with PINQ² to enhance security against quantum threats. The collaboration aims to test the Kyber algorithm and QRNG using IBM Quantum's Qiskit platform. The project focuses on evaluating the company's security system performance and resilience through advanced testing and analysis.

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02/21/2024 08:54 AM

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Quantum eMotion Makes Major Advances in Creating Its First-Generation Quantum Random Number Generator Microchip

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Quantum eMotion Corp. achieves a milestone in Quantum Random Number Generator (QRNG) technology, aiming to integrate QRNG into a chip to revolutionize quantum communication security. The company explores innovative solutions to create compact QRNG chips, potentially selling design cores to IC vendors for wider adoption. The CEO praises the prototype's performance, targeting a functional QRNG IC by fall 2024. The market for QRNG technologies shows significant growth, with a projected value of 4 billion U.S. dollars by 2030.

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01/16/2024 09:00 AM

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Quantum eMotion Announces Today the Beta-Release of QodeAI, Its AI-Powered Automation System

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Quantum eMotion Corp. announces the beta release of QodeAI, an AI-Powered Automation System designed to accelerate the deployment and adoption of its products in the Application Security market. QodeAI aims to capitalize on the projected growth of the market, valued at USD 7.09 Billion in 2022 and projected to reach USD 26.80 Billion by 2030 at a CAGR of 18%. The autonomous system will provide code generation, instructions, and interaction with systems and users, targeting companies that have licensed QeM's SDK and EaaS products, as well as casual users browsing the QeM website.

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FAQ

What is the current stock price of QUANTUM EMOTION (QNCCF)?

The current stock price of QUANTUM EMOTION (QNCCF) is $0.08 as of November 22, 2024.

What is the market cap of QUANTUM EMOTION (QNCCF)?

The market cap of QUANTUM EMOTION (QNCCF) is approximately 11.2M.

What is QUANTUM EMOTION CORP known for?

QUANTUM EMOTION CORP is known for pioneering classical and quantum cybersecurity solutions, focusing on cutting-edge post-quantum cryptography and cloud-based security solutions.

What is the significance of QeM's partnership with CSR5 GLOBAL Inc.?

The partnership between QeM and CSR5 GLOBAL Inc. marks a significant leap forward in cybersecurity, positioning QeM as the exclusive provider of cutting-edge security solutions to CSR5.

What technology does QeM specialize in?

QeM specializes in the development of innovative security solutions leveraging its patented Quantum Random Number Generator technology.

Which sectors does QeM focus on?

QeM focuses on sectors like financial services, healthcare, blockchain applications, secure device keying, and quantum cryptography.

What sets QUANTUM EMOTION CORP apart in the cybersecurity industry?

QUANTUM EMOTION CORP stands out in the cybersecurity industry due to its focus on quantum-based security solutions and its strategic partnerships with industry leaders.