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Scope Technologies Corp (SCPCF) delivers cutting-edge quantum security solutions through its QSE platform, combining post-quantum encryption with decentralized storage technologies. This dedicated news hub provides investors and industry professionals with essential updates about the company’s advancements in cybersecurity and machine learning applications.
Access comprehensive coverage of SCPCF’s strategic developments including product innovations, enterprise partnerships, and market expansion initiatives. Our curated collection features press releases on quantum-resilient encryption updates, details about decentralized cloud storage solutions, and analyses of the company’s growing role in healthcare and industrial data protection sectors.
Key updates include earnings announcements, technology patent filings, and collaborations with cybersecurity leaders. Users will find verified information about SCPCF’s subscription model expansions and AI-driven risk assessment tools designed for quantum computing preparedness.
Bookmark this page for real-time access to Scope Technologies’ official communications and third-party analyses. Regularly updated content ensures stakeholders maintain informed perspectives on this pioneer in quantum-ready data security solutions.
Scope Technologies Corp (CSE: SCPE) (OTCQB: SCPCF) has successfully completed the final tranche of its non-brokered private placement financing. The company issued 1,000,000 common shares at $0.50 per share, raising gross proceeds of $500,000.
The total offering resulted in the issuance of 3,000,000 shares for total gross proceeds of $1,500,000. No finder's fees were paid. Shares from the final tranche will have resale restrictions until August 10, 2025. The company plans to use the net proceeds to accelerate the development of its QSE mobile application.
Scope Technologies (SCPCF) has announced major infrastructure upgrades to its QSE platform, enhancing system redundancy, capacity, and performance. The improvements come in response to increased demand from enterprise tenants and retail users, as well as preparation for the upcoming QSE Mobile App launch.
The upgraded infrastructure now enables the QSE system to process millions of secure, encrypted messages per second, positioning it alongside major communication platforms but with added quantum-resistant encryption capabilities. These enhancements support recent strategic partnership agreements and new client onboarding, while addressing growing consumer interest in QSE's encrypted, quantum-resilient cloud storage.
Scope Technologies Corp (CSE: SCPE, OTCQB: SCPCF) has completed the first tranche of its previously announced $1.5 million non-brokered private placement. The company issued 2 million shares at $0.50 per share, raising $1 million in the first tranche.
The shares will be restricted from resale until August 1, 2025. No finder's fees were paid for this tranche. The proceeds will be allocated to repaying a $1 million loan from First Majestic Silver Corp, with remaining funds directed towards accelerating the development of the company's QSE mobile application.
Scope Technologies Corp (CSE: SCPE) (OTCQB: SCPCF) has announced the re-filing of its Annual and Interim Management Discussion and Analysis following a review by the British Columbia Securities Commission. The company has amended its MD&A documents to include additional disclosures regarding:
- Development stages and costs for QSE and GEM Platforms
- Details of the QSE Platform acquisition as a related party transaction
- QSE Technology purchase price basis and subsequent impairment
- Farm Flight Inc. business agreements and impaired loan advances
- GEM Platform license agreement details
- Expanded information on investor relations, marketing, R&D expenses, and share-based compensation
- Use of proceeds from previous fundraising
The company also clarified that references to an independent valuation report on QSE technology should be excluded from certain financial reports.
Scope Technologies (SCPCF) has unveiled details of its new quantum-resilient mobile application for secure messaging and file sharing. The platform features full round-trip encryption and white-label deployment capabilities for enterprise clients.
The app's key features include:
- Complete elimination of third-party interception
- Quantum-resistant architecture
- Minimal metadata exposure
- Enterprise white-label deployment options
- Integration with QSE Security Suite
The platform targets industries requiring high security and compliance, including healthcare, legal, financial institutions, and government contractors. The company is finalizing the app for closed-group alpha testing, with broader rollout planned following user feedback.
Scope Technologies (SCPCF) has announced a non-brokered private placement offering of up to 3,000,000 common shares at $0.50 per share, aiming to raise up to $1.5 million. First Majestic Silver Corp., a strategic investor and enterprise client, will contribute $1 million to the offering.
The proceeds will be used to repay a $1 million loan previously advanced by First Majestic and accelerate the development of Scope's QSE mobile application. The app will feature secure communication and file sharing capabilities, powered by proprietary Entropy-as-a-Service technology with quantum-resistant encryption.
The shares will have a four-month hold period, with no finder's fees intended. The offering is expected to complete by April 4, 2025.
Scope Technologies (SCPCF) has announced a non-brokered private placement financing of 3,000,000 common shares at $0.50 per share, raising gross proceeds of $1.5 million. First Majestic Silver Corp., both a strategic investor and enterprise client, is contributing $1 million to the offering.
The proceeds will be allocated to repay a $1 million loan from First Majestic Silver Corp., with the remaining funds directed towards accelerating the development of their QSE mobile application. This app will function as a secure communication and file sharing platform, leveraging QSE's proprietary Entropy-as-a-Service technology for quantum-resistant encryption.
The shares issued will be subject to a four-month hold period, with no finder's fees intended. The mobile app will integrate with the QSE core system, offering enterprise-grade quantum resilience through a decentralized infrastructure for both businesses and individual users.
Scope Technologies (SCPCF) has signed a master reseller agreement with Coegi Cloud AB, a leading IT infrastructure and cloud solutions provider. The partnership aims to expand the distribution of Scope's quantum security solutions, including quantum-resistant encryption, decentralized data storage, Entropy-as-a-Service (EaaS), and Quantum Preparedness Assessments (QPA).
Founded in 2004, Coegi Cloud AB is a Microsoft Solution Partner specializing in IT services, cloud solutions, and security services. The collaboration will focus on expanding QSE Group's presence in Sweden, Europe, and North America through Coegi's established client network and operational expertise.
Scope Technologies Corp (OTCQB: SCPCF) has announced a strategic channel partnership with COGITO, a leading software distributor, to expand its quantum security solutions in the Chinese market. COGITO, established in 2000, operates across Singapore, Hong Kong, China, America, and Australia, with a network of over 2,000 resellers serving more than 40,000 users.
The partnership will focus on promoting QSE Group's quantum-resistant data storage and entropy services through COGITO's extensive distribution network, which includes enterprises, government agencies, and educational institutions. COGITO will market and distribute QSE's complete suite of quantum security offerings, including decentralized cloud storage and Entropy-as-a-Service solutions.
Scope Technologies (SCPCF) has announced a significant upgrade to its Quantum Preparedness Assessment (QPA) product, now featuring full integration with a Risk Management Framework (RMF) and AI-driven automation. The enhanced solution helps organizations evaluate and prepare for quantum computing security threats, particularly in light of recent advancements like Google's Willow chip and Microsoft's Majorana 1 processor.
The AI-powered assessment tool, developed by QSE Group (Scope's quantum security division), includes key enhancements such as full RMF integration, AI-powered automation for vulnerability analysis, and a streamlined questionnaire system. The solution is immediately available for businesses across various sectors including financial services, healthcare, and government agencies, offering comprehensive quantum risk assessment and recommendations for quantum-resistant security implementations.