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Quantum eMotion Corp V.QNC

Alternate Symbol(s):  QNCCF

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It has launched its new QRNG2, an USB key that delivers pure entropy at 1.5 Gb/s. Its QRNG2 technology is the quantum random number generator, which is used in consumer electronics. QNG2 provides security to mobile and Internet transactions, Internet of Things (IoT) communication, machine-to- machine connections, networking equipment and cloud-based applications. Its technology is also applicable to others, such as datacenters, blockchain technologies, financial services, cloud-based information technology (IT) security infrastructure, classified government networks and communication systems, secure device keying (Internet of Things (IOT), automotive, consumer electronics) and quantum cryptography industry.


TSXV:QNC - Post by User

Bullboard Posts
Comment by jojomarchon Feb 12, 2020 4:01pm
98 Views
Post# 30681791

RE:RE:RE:RE:Here is a breakdown from the AGM

RE:RE:RE:RE:Here is a breakdown from the AGM
Stonehouse97 wrote: JCP discussed the structure of the SK Telecom/ID Quantique deal and that it is very niche. He mentioned that SK Tel is a service provider, not a large semi-conductor manufacturer which QNC is targeting for licensing deals.

The patent value question came up but he would not speculate.

They did say that the US & Euro patents were all that was required to move forward for commercialization.

Yeah, the value in savings on the CMOS is commendable and the new smaller chip came as a surprise!
  

Kivas wrote: Thanks for the summary! They've always been on the conservative side, but let's think about this. 400k for the CMOS chip instead of $5 million. Many doors will open afterwards. Multiple NDAs. We were already negotiating contracts with military??? The fact that fell through also demonstrates that we won't settle for a lowball deal. Look no further than ID Quantique. Large sums of money are being invested in quantum encryption. Is current encryption really adequate? The plethora of highly optic hacks seem to say otherwise, let alone those that we don't hear about. One question to Magus or anyone else in attendance. Did management mention anything about our patents or did anyone ask them what they valued them at presently? Cheers.




Thanks Stonehouse  and  Magus .




" large semi-conductor manufacturer which QNC is targeting for licensing deals. "

That sentence says it all  IMO  , an international chip manufacturer is a natural fit . One of these companies will want to be the first to pull the trigger , imagine telling your client that their device will be secure with this new chip and that is what they can tell their retail consumer . Would you buy the phone with the secure chip or the one without ? 

Cheers 
Bullboard Posts