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Foresight Leads £2.2 Million Growth Capital Investment Into Cavero Quantum

Foresight Leads £2.2 Million Growth Capital Investment Into Cavero Quantum

June 27, 2024
Foresight Group, the leading listed infrastructure and regional private equity investment manager, has led a £2.2 million growth capital investment into Cavero Quantum Ltd alongside co-investor, Northern Gritstone.

Lastwall Releases Its Quantum Resilient Product: Quantum Shield

Lastwall Releases Its Quantum Resilient Product: Quantum Shield

June 27, 2024
Lastwall, a leading cybersecurity solutions provider of highly secure, identity-centric, and quantum resilient technologies, today announced the launch of Quantum Shield, a first-of-its-kind quantum resilient product that protects conventional network infrastructures with the latest quantum cryptographic standards. Lastwall is backed by Blue Bear Capital, BlueWing Ventures, and 18 West Capital Partners.

The Cybersecurity Solutions Provider Lastwall Has Launched Its First Product With Quantum Encryption Resilience

The cybersecurity solutions provider Lastwall has launched its first quantum encryption resilient product, Quantum Shield. This product utilizes Post-Quantum Cryptography (PQC) algorithms of the draft standard issued by NIST and integrates it into the Transport Layer Security (TLS) layer, thus significantly enhancing security. In addition, it also features encryption agility, allowing for rapid updates with minimal configuration changes to adapt to the algorithms that NIST will officially standardize.

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The Passwordless Cryptography Technology Company Cavero Quantum Has Secured £2.2 Million in Funding

Cavero Quantum, a passwordless cryptography technology company spun off from the University of Leeds, has secured £2.2 million in funding from Foresight and Northern Gritstone. This funding will be used to commercialize its technology and launch its first product. The company claims that this will be the world's first solution to replace security standards such as ECDH without affecting the architecture and customer experience. It can protect communications from attacks by classical and future quantum computers and can be deployed on any device.

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Crypto Quantique Will Collaborate With Enterprises to Launch a Quantum-Safe Hardware Trust Root for Cellular IoT

Crypto Quantique, a provider of quantum-driven security for IoT, recently announced that it has established partnerships with ZARIOT, a cellular IoT connectivity provider, and Kigen, an eSIM solution vendor. This international partnership will implement an IoT-SAFE technology that leverages the Hardware Root-of-Trust of any SIM and enables native access to quantum-safe technologies.

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IDEMIA Demonstrates the World’s First Offline CBDC Payment Transaction Resistant to Quantum Computers

IDEMIA Demonstrates the World’s First Offline CBDC Payment Transaction Resistant to Quantum Computers

June 21, 2024
IDEMIA Secure Transactions (IST) revolutionizes the world of digital payments by demonstrating the first ever offline central bank digital currency (CBDC) payments incorporating enhanced security against quantum threats. This major innovation promises to transform financial transactions and pave the way for an era of post-quantum security with IST positioning itself as the leader in this transformation.

Arqit Launches Encryption Intelligence Service

Arqit Quantum Inc. , a leader in quantum-safe encryption, announces the full commercial launch of a new feature of its Symmetric Key Agreement Platform, the “Encryption Intelligence” service. Encryption Intelligence assists organizations in identifying network risks and developing mitigation plans to enhance their security posture against current and evolving cybersecurity threats. Arqit secured its first paid contract for this feature with an international telecoms network operator.

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IDEMIA Has Demonstrated the First Offline Central Bank Digital Currency (CBDC) Payment Resistant to Quantum Computing Attacks

IDEMIA Secure Transactions has demonstrated to central banks and financial institutions the first offline central bank digital currency (CBDC) payment capability. This method provides citizens with an ultra-secure, quantum-computer-resistant offline CBDC payment method that allows for digital currency transactions even without internet connectivity. It is understood that this offline CBDC payment feature utilizes post-quantum cryptography technology that NIST is in the process of standardizing.

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Vibrint and QED Partner to Jointly Develop Government Quantum Security Solutions

Vibrint, a leading innovator in federal technology solutions, today announced it has teamed with quantum technology pioneer QED to codevelop a range of solutions that will allow federal government agencies to ensure quantum safety in critical infrastructure, defense and intelligence.

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