2 days ago
IIT Madras signs ₹1-crore deal for tech transfer of silicon photonics-based QRNG
The Indian Institute of Technology (IIT), Madras, on Monday (August 18, 2025) signed a licensing agreement worth ₹1 crore with Indraka Quantum Technologies Pvt. Ltd. for the transfer of technology pertaining to a silicon photonics-based Quantum Random Number Generator (QRNG), developed at its Centre for Programmable Photonic Integrated Circuits and Systems.
V. Kamakoti, Director, IIT Madras, and Sankhadip Das, Scientist E., Ministry of Electronics and Information Technology, among others, were present, a press release stated. The QRNG technology has critical applications in IT security, cryptographic algorithms, quantum key distribution, scientific modelling and simulations, financial transactions, blockchain, OTP generation, and gaming applications.
