LG Uplus, a South Korean mobile operator, announced yesterday that the standard for the application of Quantum-Resistant Cryptography (PQC) in optical transmission networks, proposed jointly with the National Information Society Agency (NIA), has been adopted as the first domestic standard by the Telecommunications Technology Association (TTA) in Korea. It marks South Korea's first domestic group standard for telecommunication equipment applied with Quantum-Resistant Cryptography. The NIA plans to apply this standard to the open quantum testbed, which will be built this year.

PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC), has raised $37 million in Series B funding led by Addition. PQShield will use the funding to expand its commercial operations as it continues to meet growing global demand for its quantum-ready cryptographic solutions for hardware, software, and communications.