Mentioned:
QNC -10.58%

A hardware and software company in Canada is getting ready for something new: Wall Street.

What’s happening:

  • Quantum eMotion (TSXV: QNC) has officially received approval to list on the New York Stock Exchange

Why it matters:

  • Quantum eMotion is one of the only publicly traded companies in North America focused on quantum safe hardware and software that is capable of delivering electron based quantum randomness that can be integrated with post quantum cryptography to secure devices and digital assets against quantum computing threats

Going deeper:

  • Quantum eEmotion’s patented Quantum Random Number Generator technology exploits the electron tunnelling effect and produces true randomness for encryption purposes that can be used throughout healthcare, finance, blockchain and even defense
  • TSMC (NYSE: TSM) and Quantum eMotion previously made waves when they formed a partnership to begin manufacturing Quantum eMotion’s chips in order to be capable of supplying government agencies and large companies who want to leverage their technology