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01 Communique Laboratory Inc V.ONE

Alternate Symbol(s):  OONEF

01 Communique Laboratory Inc. is a Canada-based technology company. The Company operates two business units. Its primary focus is cyber security business unit focusing on Post-Quantum Cryptography (PQC). PQC is designed to operate on classical computer systems, while at the same time secure enough to safeguard against cyber-attacks from quantum computers. IronCAP X is a quantum-safe end-to-end email encryption solution, which is designed for ultimate email privacy as well as ensuring senders' authenticity to eliminate phishing. The Company provides IronCAP cryptographic engine to businesses of all sizes, allowing them to easily transform their systems to withstand threats from Quantum Computers. The Company also provides vertical solutions that utilize its own IronCAP cryptographic engine to ensure quantum safety. Its remote access business unit provides its customers with a suite of secure remote access services and products under its I’m InTouch and I’m OnCall product offerings.


TSXV:ONE - Post by User

Post by cabbieJBJon Apr 25, 2023 10:50am
179 Views
Post# 35412351

Companies push for a national quantum plan

Companies push for a national quantum plan

Tech companies looking to harness quantum computing say they need a streamlined, national strategy and instead are getting a plethora of differing messages from government agencies, Axios Pro's Maria Curi reports.

Why it matters: Though cybersecurity concerns remain, many in Washington agree quantum has the potential to benefit society in big ways.

  • For example, experts point to the possibilities of accelerating the development of life-saving medicines or giving communities more time to prepare for natural disasters through weather prediction.
  • That's why, as all eyes are on artificial intelligence, tech companies are also thinking ahead to what they believe will be the next big leap in technology — quantum computing.
  • But a lack of clarity from the federal government on who the main authority is, coupled with too many strategies for the technology, threatens to bog down progress and global competition, companies said.
  • "Absolutely the country will benefit from a national strategy on quantum," said software industry lobby BSA U.S. government relations vice president Craig Albright, stressing that small and medium-size businesses — not just giants — would reap the rewards.

State of play: The U.S. leads the world in quantum technology, though it's still in its early stages.

  • Companies said research and development resources are too spread out and more funding should be dedicated to quantum specifically.
  • The Pentagon's Defense Advanced Research Projects Agency in January tapped three companies to see whether development in the field could be accelerated.
  • "We put out a call last year saying that if anyone thought they had a truly revolutionary approach to building a useful quantum computer in the near future — less than 10 years — we wanted to hear from them," DARPA said.

Yes, but: Concerns over quantum's ability to break encryption persist. The Defense Department views quantum as more of a threat than a benefit because of this ability, IBM government and regulatory affairs vice president Chris Padilla said.

The latest: A bipartisan group of lawmakers recently introduced the Quantum Sandbox for Near-Term Applications Act to accelerate commercialization of the technology by creating a program for the government and industry to work together on development and deployment.

  • Advocates of the bill, which is supported by D-Wave, a commercial supplier of quantum computing systems, software and services, argue the U.S. government's current focus on longer-term quantum hardware development is a missed opportunity for global competitiveness.
  • A bipartisan companion bill is expected to be introduced in the Senate before the next recess, a source said.
  • Bill supporters are hoping it will be rolled into the National Quantum Initiative Act, which is up for reauthorization this year.

What's next: Expect industry players to start pushing for more quantum action on the Hill.

  • IBM said it is planning to speak with more lawmakers, including Hill leadership, about the need to consider a national strategy and funding for government deployment of quantum computers.

To read more stories like this, subscribe to our new Axios Pro Tech Policy newsletter.

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