Quantum Xchange Gains Industry Momentum; Addresses the Shortcomings of Modern Day Encryption

Company is Positioned for Continued Expansion in 2019 Following Notable Recognition

Bethesda, MD – Feb. 26, 2019 – Quantum Xchange, provider of the first quantum key distribution (QKD) network in the U.S., today announced their continued upward momentum, marked by numerous industry awards and earned speaking engagements scheduled for the first half of the year. Quantum Xchange is recognized as a provider of the most secure, hardened encryption available to address the shortcomings of today’s encryption standards, and the imminent threat of quantum computers. Today, Quantum Xchange offers commercial enterprises and government entities quantum communications  over unlimited distances.

“Since our formal company launch in June 2018, Quantum Xchange has accomplished some incredible things, not the least of which was to initiate, for the first time in the United States, quantum key travel from Wall Street, under and across the Hudson River and past the Statue of Liberty to northern New Jersey,” said John Prisco, President and CEO, Quantum Xchange. “Our developments will ensure the future of encryption regardless of quantum computing power, and we are grateful to offer a solution that is effective today while nefarious actors harvest and stockpile data that they will read when a suitable quantum computer is available.”

In January, Prisco was named a 2019 Cyber Star by DCA Live, a list that honors the entrepreneurs, investors, and community leaders who are solving big problems, and creating jobs and $ billions of new wealth in the greater Washington region. Taking the company’s vision further across the U.S., Prisco will speak at events in both San Diego and Boston next month. Starting with the Optical Society’s (OSA) OIDA Executive Forum, Prisco will serve as a panelist for the Commercial QKD and Encryption session on March 4. He will then present the QKD Hardware Markets session on March 20 at the Inside Quantum Technology event, The Future of Quantum Computing, Quantum Cryptography and Quantum Sensors.

In between these events, Quantum Xchange will spend a week at the RSA Conference in San Francisco, where newly appointed advisor Whitfield Diffie will present on the Cryptographer’s Panel on March 5. Shortly after, Prisco will make a special appearance at South by Southwest (SXSW) in Austin, Texas where the company’s quantum fiber network, Phio, will exhibit as a finalist for the SXSW Interactive Innovation Awards.  Attendees of the events that Prisco is set to speak at, and attend, in the coming weeks will gain comprehensive insights into the commercial future of all areas of quantum technology, including the latest opportunities in areas such as financial services, pharma and specialty chemical, healthcare, automotive and transportation, defense, government and R&D.

As a provider of quantum key distribution and secure communications, Quantum Xchange gives commercial enterprises and government agencies the ultimate defense to keep high-value data safe – today, tomorrow and in the future. For more information about Quantum Xchange, please visit https://quantumxc.com/.