Canadian small-cap dazzles after deal with TSMC
Quantum eMotion specializes in classical and quantum cybersecurity solutions
The high-flying Canadian small-cap stock has added 1,035.71 per cent year-over-year
Quebec-based Quantum eMotion (TSXV:QNC) has validated the chip design for its first-generation Quantum Random Number Generator, initiating manufacturing with Taiwan Semiconductor Manufacturing Company (TSMC) (OTCPK:TSMWF), the world's leading semiconductor foundry.
Academic teams at ÉTS Montréal and the Institut Quantique at Université de Sherbrooke showed that the company's product – an advanced microsystem based on the quantum electron tunneling effect – can produce purely random bits 'at exceptional speeds,' according to Monday's news release. It achieves this milestone while preserving 'the integrity of quantum randomness, a fundamental requirement for cybersecurity applications,' at a design capacity of more than 1 Gbit/sec.
The number generator, intended to fit on printed circuit boards with minimal external components, will now be optimally positioned to scale and capitalize on demand in a growing market expected to soar from US$150 million in 2024 to US$2 billion in 2033, representing a staggering compound annual growth rate of 34.5 per cent. Leadership insights
'With this final chip design now entering fabrication, Quantum eMotion is delivering on its vision to contribute to the next generation of quantum-secure hardware,' Francis Bellido, Quantum eMotion's chief executive officer, said in a statement. 'This QRNG chip, the first one based on the quantum tunneling effect and protected by four international patents, offers high performance in a fully integrated CMOS format. By embedding quantum electron tunneling into a standard CMOS chip, we are setting a new benchmark in performance, scalability and integration. This is a decisive step towards enhancing digital security in the face of emerging quantum threats.'
'We are proud to have contributed to the development and validation of this QRNG chip,' added Ghyslain Gagnon, professor at ÉTS Montréal. 'Our results confirm that true quantum randomness can be reliably extracted from this architecture, making it a practical solution for high-assurance security systems.' About Quantum eMotion
Quantum eMotion specializes in classical and quantum cybersecurity solutions. The company's offerings are based on its patented Quantum Random Number Generator, which exploits the unpredictability of quantum mechanics to protect high-value assets and critical systems.
Quantum eMotion stock (TSXV:QNC) ended the Monday trading session up by 80.68 per cent trading at C$1.59. Shares have added 1,035.71 per cent year-over-year.
Join the discussion: Find out what everybody's saying about this quantum cybersecurity stock's manufacturing deal with TSMC on the Quantum eMotion Corp. Bullboard and check out Stockhouse's stock forums and message boards.
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