Quantum eMotion Corp V.QNC

Alternate Symbol(s): QNCCF

Technology Semiconductors

Quantum eMotion Corp. is a Canada-based developer of cryptographic solutions. The Company is developing quantum random number generators (QRNG). It offers QRNG2, an USB key that delivers pure entropy at 1.8 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. The Company offers Entropy-as-a-Service (EaaS) concept where a service provider delivers on-demand entropy through a cloud network. Its random number generator (QRNG2) utilizes quantum electron tunneling to produce truly random and unpredictable numbers. By integrating QRNG2 into the QxEaaS platform, it offers a range of on-demand entropy and IT security services for authorized devices. The platform distributes cryptographically secured keys and strings.

TSXV:QNC - Post by User

Quantum eMotion Corp

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Post by Frankleeon Mar 08, 2019 3:27pm

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Post# 29463187

Commercial Application

Time is running out, SOCPRA deal may need some clarifying. Does 'Commerical Application' require a deal with a Corporation or is it merely patent validation?

2016-10-06 Sedar

In accordance with the term and conditions of the Acquisition Agreement, should ACK fail to find a commercial application within three (3) years of the Closing Date, a 50% interest and ownership in the Technology’s shall be transferred to SOCPRA and all future costs relating to obtaining and maintaining the rights forming part of the Technology including without limitation, all patent costs shall be in equal parts at SOCPRA’s and ACK’s cost.

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