Welcome to our dedicated page for Quantum Emotion news (Ticker: QNCCF), a resource for investors and traders seeking the latest updates and insights on Quantum Emotion stock.
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 (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.
Quantum eMotion (TSXV: QNC) (OTCQB: QNCCF) has issued a response to statements made by Terranova Defence Solutions regarding QeM's quantum-based communication security platform. CEO Francis Bellido firmly stated that Terranova could not have tested their technology as they never had access to it. The company emphasized that their technology is protected by four U.S. Patent Office granted patents.
Management confirmed they have had no communication with Terranova and were not aware of any changes in their relationship prior to Terranova's press release. QeM reaffirmed their commitment to innovation, transparency, and delivering quantum security solutions.
Quantum eMotion (QNCCF) has launched Sentry-Q, a quantum-powered security platform designed to protect digital therapeutics against cyber threats. The platform's release aligns with new U.S. healthcare cybersecurity regulations proposed in response to recent major healthcare data breaches at organizations like Ascension and UnitedHealth.
Sentry-Q utilizes pure Entropy-as-a-Service (EaaS) generated by QRNG2 technology, integrated with classical and post-quantum cryptography. The platform meets the latest U.S. healthcare cybersecurity recommendations and has achieved ISO/IEC 27001:2022 certification. The company has also granted stock options to its CTO (600,000 shares) and CFO (350,000 shares).
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has announced a significant advancement in the commercialization of its cloud-based Sentry-Q platform. The company's partner, GreyBox Solutions, has formed a strategic alliance with Becton Dickinson, a global medical device company with over $20 billion in annual sales. The partnership focuses on enhancing remote patient monitoring for chronic disease management.
The initiative will begin in Canada before expanding to the USA and potentially global markets. QeM and GreyBox are collaborating through a revenue-sharing model to strengthen the cybersecurity framework of GreyBox's digital therapeutics platform. The Sentry-Q platform aims to ensure patient data protection, treatment accuracy, and platform reliability in the digital therapeutics domain.
Krown Technologies and Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) have announced a strategic alliance through an MOU to enhance blockchain security against quantum computing threats. The partnership combines Krown's blockchain expertise with Quantum eMotion's QRNG technology to develop quantum-resistant cryptography solutions.
The collaboration aims to integrate QRNG technology across Krown's ecosystem, including blockchain infrastructure and wallet solutions. The alliance targets the growing QRNG market, projected to exceed $4 billion by 2030 for physical devices and $100 billion for cloud applications, while addressing the blockchain market expected to reach $248.9 billion by 2029 with a 65.5% CAGR.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has issued a statement in response to a request from CIRO regarding recent market activities. The company confirms that management is unaware of any material changes in its operations beyond those already disclosed in their recent progress report that could explain the increased market activity. This statement was made in accordance with TSX Venture Exchange regulations.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has announced its participation in the Team Canada Trade Mission to the Philippines. The company aims to expand its quantum-secure solutions in the Philippine market, which features 81 million active e-wallet users and significant growth in IT, telecommunications, and financial services sectors.
The company highlights its technology's ability to provide affordable and scalable quantum security solutions, particularly targeting small and medium-sized enterprises. Additionally, QeM announced a change of auditor from KPMG LLP to Audacie Inc., effective December 5, 2024, with no modified opinions in previous audit reports.
Quantum eMotion (QNCCF) reports significant progress in quantum cybersecurity solutions development. The company has achieved ISO/IEC 27001:2022 certification, enhancing its market credibility. Key developments include:
- A Quantum crypto-wallet combining quantum randomness with post-quantum encryption for digital assets
- Sentry-Q platform for securing telemedicine and digital therapeutics data
- Partnership with PINQ² for post-quantum simulations using IBM's Qiskit framework, with final report expected in early 2025
- Development of a miniaturized CMOS QRNG chip prototype for IoT devices
The company is approaching its first sales in the digital therapeutics market and continues testing its QRNG chip with manufacturing partners.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has completed a non-brokered private placement, raising $750,000 by issuing 7.5 million units at $0.10 per unit. Each unit includes one common share and one warrant exercisable at $0.20 for 24 months. The funds will accelerate the commercialization of their patented Quantum Random Number Generator technology, targeting Healthcare Services, Cloud-Based IT Security, Government Networks, IoT, and Financial Services. Insiders participated with $51,000, and the total outstanding shares post-placement are 158,002,838.
Quantum eMotion Corp (TSXV: QNC) (OTCQB: QNCCF) has been featured in the Korea Business Herald for its innovative IoT security solutions. The article, authored by Arthur Herman from the Hudson Institute, explores how quantum technology can enhance IoT security amid growing cybersecurity concerns. The piece highlights QeM's quantum random number generation (QRNG) technology as a solution for securing IoT devices, which is particularly relevant as the IoT market is projected to reach $875 billion by 2025. The QRNG market itself is expected to grow to $14 billion by 2030, positioning QeM's unhackable security solutions as important for protecting IoT networks.
FAQ
What is the current stock price of Quantum Emotion (QNCCF)?
What is the market cap of Quantum Emotion (QNCCF)?
What is QUANTUM EMOTION CORP known for?
What is the significance of QeM's partnership with CSR5 GLOBAL Inc.?
What technology does QeM specialize in?
Which sectors does QeM focus on?
What sets QUANTUM EMOTION CORP apart in the cybersecurity industry?
