Quantum Xchange to build first quantum network in U.S. offering ‘unbreakable encryption’

Quantum Xchange to build first quantum network in U.S. offering ‘unbreakable encryption’

June 26, 2018

Silicon Angle, Mike Wheatley

Startup Quantum Xchange today said it has raised $10 million in a seed funding round timed to coincide with the launch of the first-ever quantum fiber optic network in the U.S.

The network is designed to protect data in transmission from attacks powered by quantum computers.

The $10 million funding round, led by New Technology Ventures with participation from Enterprise Management Associates, will be used to finance the deployment of a “dark fiber quantum network” that will connect the U.S.’s Northeast Corridor from Washington D.C. to Boston.

Read the full article here: https://siliconangle.com/blog/2018/06/26/quantum-xchange-build-first-quantum-network-u-s-offering-unbreakable-encryption/ 

 

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