Disclaimer: This post was written when Quantum Xchange was focused on building and selling the first quantum network in the U.S.
We have since pivoted our business and product offering, with the invention of Phio Trusted Xchange (TX), a first-of-its-kind quantum-safe, out-of-band key delivery system. While our technology offering can support QKD deployments, we are not a quantum communications provider or reseller. Our quantum-safe key exchange supports quantum keys generated from any source(QRNG or QKD) protected by any method (all PQC key encapsulation algorithms).
Bethesda-based Quantum Xchange has raised a $10 million Series A round to build a new fiber-optic network that protects sensitive information using encryption that won’t be susceptible to computational hacking.
The small company faces several challenges, not least the sheer volume of competitors selling defenses at a time when cyber crime costs the global economy $600 billion annually.
The company’s first network will connect Wall Street with back-office operations in New Jersey, safeguarding highvalue transactions and mission-critical data for banks… Keep reading on Washington Business Journal
