Latest news with #quantumsecurity
Yahoo
01-08-2025
- Business
- Yahoo
IonQ makes surprising move to drive quantum computing adoption
IonQ makes surprising move to drive quantum computing adoption originally appeared on TheStreet. IonQ () , one of the most prominent players in the commercial quantum computing space, is finally making a bold strategic pivot. The company, known for its breakthroughs in trapped-ion quantum hardware and cloud-based quantum services, is signaling that its next phase of growth will focus on real-world adoption, enterprise integration, and quantum-centric security and privacy offerings. Earlier this week, IonQ added a senior executive with deep cross-sector experience, not only in quantum research but also in deploying the technology inside one of the world's largest and most security-sensitive financial institutions. The hire marks a notable shift from IonQ's historical focus on technical advancements to helping corporations adopt, implement, and secure themselves for a quantum-powered future. 💵💰💰💵 The timing is no accident. With concerns growing over the vulnerability of classical encryption methods, companies across every industry are seeking guidance on both quantum theory and quantum applications. IonQ's latest appointment appears to be perfectly tailored to those ends. Familiar name from a Wall Street stalwart joins IonQ IonQ's new Senior VP of Industry Relations is Dr. Marco Pistoia, a renowned IBM inventor, quantum computing authority, and the former global head of applied research and quantum computing at JPMorganChase () . At JPMorganChase, Pistoia led what is widely considered the financial industry's most advanced quantum program, including novel algorithms for Monte Carlo simulations, fraud detection, and portfolio optimization. Reporting directly to IonQ CEO Niccolo de Masi, Pistoia will now lead the company's efforts to accelerate enterprise adoption, forge strategic partnerships, and help clients implement quantum-safe cryptography."Marco has long been one of the most influential figures in applied quantum computing and quantum networking," said de Masi. "His leadership in building the most advanced quantum program in the financial sector, and his track record of pioneering work in quantum cryptography, AI, quantum algorithms, and quantum key distribution (QKD) makes him an ideal fit for IonQ's mission." Pistoia's clear warning on cryptographic risk In a recent interview, Pistoia warned of the imminent threat quantum computing poses to today's classical encryption systems. "There is a huge risk that quantum poses against cryptography," he said. "[Bad actors] could take any public key and reverse-engineer the corresponding private key. [W]e need the entire world to transition to quantum-safe cryptography." He emphasized that the transition window is rapidly closing. "I believe that usable quantum computers are much closer now; we are talking about two to three years from now." His new role will involve guiding IonQ's corporate partners through that Pistoia has deep roots in quantum innovation Before his time at JPMorgan, Pistoia spent more than two decades at IBM Research, where he earned the titles of "distinguished research staff member" and "master inventor." He holds 647 patents, including 100 related to quantum computing, quantum communications, and artificial intelligence and machine learning algorithms. He has authored 10 books and over 200 scientific articles in top-tier journals such as Nature and Science Advances. Pistoia's decision to join IonQ reflects the company's growing appeal to top-tier talent and its ambition to extend its influence beyond the lab. More News: Top economist drops 6-word verdict on Trump tariffs, inflation Amazon's quiet pricing twist on tariffs stuns shoppers Microsoft software flaw leads to shock nuclear cyber breach "IonQ is a leading quantum technology company with a unique combination of hardware innovation and application performance," he stated. "I'm excited to contribute to a roadmap that prioritizes both scale and security in solving mission-critical problems." Raising the stakes in the quantum race IonQ's move comes amid a broader wave of momentum in the quantum industry, where stocks like IonQ, Rigetti, and D-Wave have surged in recent months on investor excitement and increasing public-sector interest. As commercial viability becomes the new benchmark, IonQ is signaling that it's ready to lead the charge, not just in quantum computing, but also in helping the world prepare for it. IonQ makes surprising move to drive quantum computing adoption first appeared on TheStreet on Aug 1, 2025 This story was originally reported by TheStreet on Aug 1, 2025, where it first appeared. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
01-08-2025
- Business
- Yahoo
IonQ makes surprising move to drive quantum computing adoption
IonQ makes surprising move to drive quantum computing adoption originally appeared on TheStreet. IonQ () , one of the most prominent players in the commercial quantum computing space, is finally making a bold strategic pivot. The company, known for its breakthroughs in trapped-ion quantum hardware and cloud-based quantum services, is signaling that its next phase of growth will focus on real-world adoption, enterprise integration, and quantum-centric security and privacy offerings. Earlier this week, IonQ added a senior executive with deep cross-sector experience, not only in quantum research but also in deploying the technology inside one of the world's largest and most security-sensitive financial institutions. The hire marks a notable shift from IonQ's historical focus on technical advancements to helping corporations adopt, implement, and secure themselves for a quantum-powered future. 💵💰💰💵 The timing is no accident. With concerns growing over the vulnerability of classical encryption methods, companies across every industry are seeking guidance on both quantum theory and quantum applications. IonQ's latest appointment appears to be perfectly tailored to those ends. Familiar name from a Wall Street stalwart joins IonQ IonQ's new Senior VP of Industry Relations is Dr. Marco Pistoia, a renowned IBM inventor, quantum computing authority, and the former global head of applied research and quantum computing at JPMorganChase () . At JPMorganChase, Pistoia led what is widely considered the financial industry's most advanced quantum program, including novel algorithms for Monte Carlo simulations, fraud detection, and portfolio optimization. Reporting directly to IonQ CEO Niccolo de Masi, Pistoia will now lead the company's efforts to accelerate enterprise adoption, forge strategic partnerships, and help clients implement quantum-safe cryptography."Marco has long been one of the most influential figures in applied quantum computing and quantum networking," said de Masi. "His leadership in building the most advanced quantum program in the financial sector, and his track record of pioneering work in quantum cryptography, AI, quantum algorithms, and quantum key distribution (QKD) makes him an ideal fit for IonQ's mission." Pistoia's clear warning on cryptographic risk In a recent interview, Pistoia warned of the imminent threat quantum computing poses to today's classical encryption systems. "There is a huge risk that quantum poses against cryptography," he said. "[Bad actors] could take any public key and reverse-engineer the corresponding private key. [W]e need the entire world to transition to quantum-safe cryptography." He emphasized that the transition window is rapidly closing. "I believe that usable quantum computers are much closer now; we are talking about two to three years from now." His new role will involve guiding IonQ's corporate partners through that Pistoia has deep roots in quantum innovation Before his time at JPMorgan, Pistoia spent more than two decades at IBM Research, where he earned the titles of "distinguished research staff member" and "master inventor." He holds 647 patents, including 100 related to quantum computing, quantum communications, and artificial intelligence and machine learning algorithms. He has authored 10 books and over 200 scientific articles in top-tier journals such as Nature and Science Advances. Pistoia's decision to join IonQ reflects the company's growing appeal to top-tier talent and its ambition to extend its influence beyond the lab. More News: Top economist drops 6-word verdict on Trump tariffs, inflation Amazon's quiet pricing twist on tariffs stuns shoppers Microsoft software flaw leads to shock nuclear cyber breach "IonQ is a leading quantum technology company with a unique combination of hardware innovation and application performance," he stated. "I'm excited to contribute to a roadmap that prioritizes both scale and security in solving mission-critical problems." Raising the stakes in the quantum race IonQ's move comes amid a broader wave of momentum in the quantum industry, where stocks like IonQ, Rigetti, and D-Wave have surged in recent months on investor excitement and increasing public-sector interest. As commercial viability becomes the new benchmark, IonQ is signaling that it's ready to lead the charge, not just in quantum computing, but also in helping the world prepare for it. IonQ makes surprising move to drive quantum computing adoption first appeared on TheStreet on Aug 1, 2025 This story was originally reported by TheStreet on Aug 1, 2025, where it first appeared.
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Krown Technologies and Quantum eMotion Partner with Esposito Intellectual Enterprises to Broaden and Accelerate Commercialization of Quantum-Secure Wallets: Qastle
Monroe, Louisiana and Montreal, Quebec--(Newsfile Corp. - July 2, 2025) - Krown Technologies LLC, in collaboration with Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) ("QeM"), a leader in quantum-powered cybersecurity, is thrilled to announce significant progress in the development of two groundbreaking quantum-secure cryptocurrency wallets: the Qastle Quantum Hot Wallet and the Excalibur Quantum Cold Wallet. These advancements mark a pivotal step in safeguarding digital assets against the emerging threats of quantum computing. Building on the successful announcement of the development of Excalibur, the world's first quantum-secured crypto cold wallet, Krown Technologies and QeM are now simultaneously advancing the Qastle Hot Wallet. Both wallets leverage QeM's proprietary Quantum Random Number Generator (QRNG) and Entropy-as-a-Service (EaaS) technologies, ensuring unparalleled protection for digital assets in both offline and online environments. Excalibur Cold Wallet: Setting the Gold Standard in Security Excalibur, a compact, thumb-drive-sized cold wallet, continues to redefine crypto storage with its universal compatibility and quantum-secure architecture. Powered by QeM's QRNG technology that reduces monetary loss risk by up to 98% compared to traditional cold wallets, Excalibur is poised to offer unmatched protection for any digital asset. Recent development efforts have focused on optimizing its design and preparing for large-scale production following successful prototype testing. "Excalibur is the safest way to store digital assets, period," said James Stephens, CEO of Krown Technologies. Qastle Hot Wallet: Quantum Security for the Connected World The Qastle Quantum Hot Wallet is being developed to bring quantum-grade security to online transactions and real-time asset management. Designed for seamless integration with blockchain ecosystems, Qastle employs QeM's EaaS and post-quantum cryptographic solutions to protect users from quantum attacks that could compromise traditional hot wallets. Recent milestones include the integration of advanced post-quantum algorithms, such as SLHDSA and ML-KEM, ensuring robust signatures and encrypted backups. Qastle is poised to meet the growing demand for secure, user-friendly hot wallets in decentralized finance (DeFi) and beyond. A Strategic Partnership Driving Innovation and Commercial Reach The deepened collaboration between Krown Technologies and QeM, bolstered by a strategic partnership with Esposito Intellectual Enterprises (EIE) announced on April 23, 2025, is accelerating the commercialization and exposure of these quantum-secure wallets. Esposito Intellectual Enterprises (EIE), a global holding company with over 115 entities and 200+ joint ventures across 25+ industries, leverages its vast media, marketing, and industry networks to drive exposure, adoption, and commercialization of Krown Technologies' Qastle and Excalibur quantum-secured wallets, developed with Quantum eMotion (QeM), by integrating them into diverse sectors and amplifying their visibility through strategic partnerships and celebrity influencers. This partnership leverages QeM's recent completion of a quantum simulation project, which validated the resilience of its Sentry-Q cryptographic architecture against quantum attacks, including Grover's algorithm. The project underscores QeM's leadership in quantum cybersecurity and Krown's commitment to pioneering secure blockchain solutions. "Krown Technologies and Quantum eMotion are revolutionizing digital asset security," said Dr. Francis Bellido, CEO of Quantum eMotion. "The advancements in Qastle and Excalibur demonstrate our shared vision of creating a quantum-secure future for blockchain and decentralized technologies." Looking Ahead Krown Technologies is actively finalizing the design of Qastle, with prototype testing scheduled for Q3 2025. Excalibur's production is ramping up to meet global demand, with availability expected to expand in early 2026. Both wallets are set to address the rising concerns of quantum vulnerabilities in cryptocurrency, as highlighted by recent industry developments, including Google's research indicating that quantum computers could break traditional encryption with fewer resources than previously estimated. For more information about Krown Technologies, Quantum eMotion, or their quantum-secure wallet solutions, please visit or About Krown Technologies LLC Krown Technologies LLC, based in Monroe, Louisiana, is a leader in blockchain, decentralized technology, and quantum innovation. Committed to advancing digital asset security, Krown develops cutting-edge solutions in an evolving financial technological landscape. About Quantum eMotion Corp. Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0) is a Montreal-based pioneer in quantum-powered cybersecurity. Specializing in quantum-secure hardware and software, QeM leverages its patented Quantum Random Number Generator to deliver robust protection for high-value assets and critical systems. Disclaimer: This press release contains forward-looking statements regarding the development, testing, and commercialization of the Qastle and Excalibur wallets. Actual results may differ due to technological, regulatory, or market factors.
Tahawul Tech
30-06-2025
- Business
- Tahawul Tech
Turkcell collaborates with new partners to develop quantum-safe network security
Juniper Networks, recently announced that Turkcell, Türkiye's leading telecommunications and technology company, has collaborated with Juniper and ID Quantique to successfully validate a groundbreaking proof-of-concept (PoC) for quantum-safe services to its users and customers and to protect its mobile backhaul networks against quantum threats. The PoC showcases how integrating Quantum Key Distribution (QKD) with Juniper's robust MACsec and IPsec frameworks enables quantum-resilient protection for critical mobile backhaul elements, including Precision Timing Protocols (PTP) and encrypted data, without compromising performance. As quantum computing advances, it is crucial to secure mobile networks, especially timing-reliant 5G backhaul. Precision Timing Protocols (PTP) are vulnerable and protecting them must avoid latency that could disrupt service. While MACsec offers strong quantum resistance via pre-shared keys, it lacks automated key distribution, limiting scalability. Turkcell validated MACsec and IPsec encryption using Juniper SRX Series Firewalls, MX and ACX Series Routers, first with a virtual key management system (KMS), then with ID Quantique's Clavis XG and Clarion KX delivering quantum-generated keys, ensuring seamless integration and timing accuracy. The joint solution successfully preserved 5G timing accuracy and IP traffic integrity, even with quantum-secure key exchange in place. 'Together, we have made remarkable strides in being the first to show that critical network protocols and data can be safely protected using advanced encryption methods designed for the future', said Raj Yavatkar, SVP and Chief Technology Officer, Juniper Networks. 'This sets new benchmarks for secure communication. As the industry transitions toward quantum-resistant security measures, proactive initiatives like Turkcell's serves as a model for others in the telecom sector'. 'This initiative reflects Turkcell's commitment to integrating advanced technologies that secure our encryption keys as quantum capabilities advance', said Prof. Dr. Vehbi Çağrı Güngör, Chief Technology Officer, Turkcell. 'With the trial of QKD integrating into our existing Juniper IPsec and MACsec security frameworks, we are laying the groundwork for a quantum-resilient infrastructure and preparing ourselves for future major cybersecurity challenges'. 'We are delighted to have joined this PoC with Turkcell and Juniper. By upgrading Turkcell's existing network encryption with our Clavis XG QKD system and Clarion KX platform and by validating interoperability with Juniper solutions, we are ensuring that its network is quantum-safe', said Grégoire Ribordy, Chief Executive Officer and Co-founder, ID Quantique. 'Turkcell can now provide long-term protection of sensitive data for its customers that require high-level security, such as government and financial services. Staying ahead of future risks, Turkcell is positioned at the forefront of innovation in its field'. Image Credit: Turkcell & Juniper Networks
Globe and Mail
05-06-2025
- Business
- Globe and Mail
Scope Technologies Announces Leadership Transition: Ted Carefoot Appointed CEO
Vancouver, BC , /CNW/ -- Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope Technologies" or the "Company") today announced the appointment of Ted Carefoot as Chief Executive Officer, succeeding James Young , who will continue supporting the company in an advisory capacity. A proven technology leader with over two decades of experience in software development, cybersecurity, AI, and risk management, Carefoot most recently served as Scope's Vice President of Product. His career includes leadership roles at Electronic Arts and Disney Online Studios Canada, with deep expertise in developing large-scale security solutions and regulatory frameworks. Carefoot holds certifications in Governance, Risk & Compliance (GRC) and Integrated Data Privacy, and is recognized for his expertise in Risk Management Framework (RMF) implementation — a critical capability as Scope expands its post-quantum security offerings. "As Scope Technologies enters its next phase of growth, we are committed to staying at the forefront of quantum security innovation and compliance," said James Young . "Ted's leadership, industry experience, and deep expertise in risk management and regulatory standards make him the ideal person to guide Scope into this future. I have full confidence in his ability to scale the company and deliver on our mission." Under Carefoot's leadership, Scope Technologies will continue its focus on providing quantum-resilient encryption and security solutions to enterprise and government clients, helping organizations prepare for the growing regulatory requirements surrounding post-quantum cryptography (PQC) standards. "I'm honored to step into this role at such a pivotal time," said Ted Carefoot . "With quantum computing threats becoming a reality, businesses and governments must act now to safeguard their data. I look forward to leading Scope's talented team as we help organizations future-proof their security infrastructure against these emerging threats." Scope Technologies also announces that Sean Prescott has resigned as a director of the Company. The Company wishes to thank him for his services as a director. Mr. Prescott will remain CTO of Scope Technologies. Grant of Restricted Share Units and Stock Options Scope Technologies has also granted a total of 950,000 stock options exercisable at $0.385 per share for a period of five years from the date of grant. The stock options are subject to the vesting requirements set by the board of directors. In addition, Scope Technologies granted 1,500,000 restricted share units ("RSUs") to Mr. Carefoot. The RSUs vest as follows: 250,000 RSUs within one year from the grant date, 500,000 RSUs within two years from the grant date and 750,000 RSUs within three years from the grant date. For more information on how QSE's quantum security solutions visit or contact sales@ About Scope Technologies Corp Headquartered in Vancouver, British Columbia , Scope Technologies Corp is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency. LinkedIn: scope-technologies-corp Facebook: Scope Technologies Corp Twitter: @ScopeTechCorp Contact Information: James Young CEO, Scope Technologies Corp. Email: james@ Phone: +1 604-416-1720 Website: Cautionary Note Regarding Forward-Looking Statements This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's latest management discussion and analysis, a copy of which is available under the Company's profile on SEDAR at While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement. The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
