Latest news with #Patero
Business Wire
6 days ago
- Business
- Business Wire
Patero CEO Crick Waters to Serve as Panelist at the 2025 KPMG Tech and Innovation Symposium
COLLEGE PARK, Md.--(BUSINESS WIRE)-- Patero, a leader in post-quantum cryptography (PQC), today announced that Chief Executive Officer (CEO) Crick Waters will be a panelist at the 2025 KPMG Tech and Innovation Symposium being held July 29 – 31 in Park City, Utah. The panel discussion, titled 'Post-Quantum Cryptography Strategy and the Future of Security in the Cryptographic Space,' will be moderated by Dr. Aaron Kemp, Director in Enterprise Innovation and U.S. Quantum Lead at KPMG U.S. David Harding, CEO and founder of Entrokey, will also participate as a panelist. Crick Waters founded and co-founded several companies, created game-changing physical and digital products across diverse industries, including telecommunications, manufacturing, and artificial intelligence, and has been awarded several patents. His career spans nuclear engineering, industrial engineering, telecommunications, and software. Waters studied Electrical Engineering at Duke University, followed by Nuclear Engineering at the Bettis Reactor Engineering School with associated work in the United States Naval Nuclear Program. He also has a Master of Business Administration from Duke University. The KPMG Tech & Innovation Symposium is an annual, invitation-only event focused on shaping the future of business and technology in an era of rapid disruption. The 2025 event will be the eighth annual symposium. The Symposium covers the political, economic, and technological forces that drive innovation strategies. Esteemed guest speakers include leaders and board members from both the Fortune 500 and the most promising startups, who help shape the Enterprise agenda during this era of unparalleled technology disruption and opportunity. Attendees of the Symposium will have the opportunity to: Engage with the best strategic minds as they converge to navigate and influence the frontiers of innovation. Explore the forces that will shape the next five years, including the geopolitical landscape, climate perspectives, and groundbreaking topics such as AI/GenAI, quantum computing, semiconductors, advanced manufacturing, digital assets, and more. Gain exclusive insights from renowned industry leaders and visionaries. Participate in dynamic breakout discussions with top innovators, delving into the intricate political, economic, and technological forces redefining our world. To schedule a meeting with Crick Waters at the event, or to learn more about Patero, email quantumsafe@ About Patero Patero is a leader in quantum secure communications. Patero's cryptographic discovery and inventory solution quantifies risk and prioritizes mitigation of vulnerabilities against present and future cryptographic attacks. Patero's crypto-agile post-quantum security solutions hybridize classic encryption with NIST-standardized quantum-resistant encryption algorithms to mitigate cryptographic vulnerabilities and protect data-in-motion from steal-now, decrypt-later, and future direct decryption attacks. Patero is privately held and based in the Quantum Startup Foundry at the University of Maryland, College Park. For more information, visit For investment opportunities, contact company CEO Crick Waters at crick@
Business Wire
10-07-2025
- Business
- Business Wire
Patero's Post-Quantum Encryption Secures Syllego's DUST Platform to Enhance Smart City Cybersecurity
COLLEGE PARK, Md. & DALLAS--(BUSINESS WIRE)-- Patero, a leader in post-quantum cryptography, today announces the integration of its post-quantum encryption technology into Sylllego's Distributed Universal Sensing Technology (DUST) platform. Syllego is a leader in intelligent infrastructure solutions for smart cities. This strategic move aims to bolster cybersecurity for U.S. cities, ensuring compliance with federal mandates, including Executive Order 14144 and National Security Memoranda 10 and 22. Patero's collaboration with Syllego represents a significant step toward securing the digital infrastructure of cities throughout the country. The DUST platform, curated and managed by Syllego, is designed to provide real-time situational awareness and operational efficiency for urban environments. By incorporating Patero's CryptoQoR ™ post-quantum cryptography, DUST safeguards Opelika's critical data and communications across city systems with NIST quantum-resistant encryption. "Integrating Patero's post-quantum cryptography into our DUST platform underscores our commitment to providing cities with cutting-edge, secure solutions," said Michael Johnson, CEO of Syllego. "As federal guidelines evolve, it's imperative that our infrastructure not only meets but exceeds National cryptographic standards to protect our communities' data." The DUST platform (Distributed Universal Sensing Technology) is a modular, scalable, and secure infrastructure framework designed to empower cities, agencies, and critical infrastructure sector industries with situational awareness, data fusion, and data for autonomous operations. DUST integrates advanced sensors, edge AI, and operational orchestration to support a range of applications, including emergency response, traffic management, cyber-physical security, and power grid resilience. Each tier supports real-time decision execution, disconnected operations, and federated deployment, aligned with next-generation federal and Department of Defense (DoD) initiatives. "Our collaboration with Syllego represents a significant step toward securing the digital infrastructure of cities throughout the country," said Crick Waters, CEO of Patero. "Together, we are providing a robust foundation for municipalities to build quantum-resistant solutions protecting our cities' data now and into the future." Through strategic alliances with innovators like Patero, Syllego is driving a secure and sovereign intelligence layer that meets or exceeds compliance with National standards for data encryption. Alignment with Federal Cybersecurity Mandates The partnership directly supports the following: Executive Order 14144: The White House's recent re-issuance of EO 14144 'directs department and agency level actions on post-quantum cryptography to ensure protection against threats that may leverage next generation compute architectures.' It builds on the Biden Administration National Security Memorandum 10 of May 4, 2022, Promoting United States Leadership in Quantum Computing While Mitigating Risks to Vulnerable Cryptographic Systems (NSM 10), which 'directed the Federal Government to prepare for a transition to cryptographic algorithms that would not be vulnerable to a [Cryptanalytically Relevant Quantum Computer (CRQC)].' National Security Memorandum 10: Calls for the transition to quantum-resistant cryptographic systems to mitigate risks posed by quantum computing advancements. National Security Memorandum 22: Focuses on securing and enhancing the resilience of critical infrastructure sectors, including energy, transportation, and communications. Benefits for U.S. Cities By integrating Patero's technology, Syllego's DUST platform now offers the following benefits for U.S. cities: Enhanced Security: Quantum-resistant encryption protects against emerging cyber threats. Regulatory Compliance: Ensures alignment with current and forthcoming federal cybersecurity requirements. Operational Efficiency: Real-time data analytics and situational awareness improve decision-making and resource allocation. Scalability: The modular design enables seamless integration across various city departments and services. About Syllego Syllego is a visionary infrastructure intelligence company architecting the future of urban and defense ecosystems through real-time, AI-powered orchestration. Headquartered in Dallas, TX, Syllego specializes in system-of-systems integration for smart cities, critical infrastructure, and mission-ready environments. Syllego empowers governments and enterprises to not only meet today's operational demands but to anticipate tomorrow's threats across urban grids, military installations, and disaster zones alike. Learn more at About Patero Patero is a leader in quantum secure communications. Patero's cryptographic discovery and inventory solution quantifies risk and prioritizes mitigation of vulnerabilities against present and future cryptographic attacks. Patero's crypto-agile post-quantum security solutions hybridize classic encryption with NIST-standardized quantum-resistant encryption algorithms to mitigate cryptographic vulnerabilities and protect data-in-motion from steal-now, decrypt-later, and future direct decryption attacks. Patero is privately held and based in the Quantum Startup Foundry at the University of Maryland, College Park. For more information, visit For investment opportunities, contact company CEO Crick Waters at crick@ Learn more at
Yahoo
23-06-2025
- Business
- Yahoo
Patero Announces Inaugural Company Advisors
Top Industry Leaders to Help Drive Strategy for Company's Growth and Development COLLEGE PARK, Md., June 23, 2025--(BUSINESS WIRE)--Patero, a leader in post-quantum cryptography (PQC), today announced the company's inaugural advisors. The newly appointed advisors will focus on providing Patero leadership with strategic guidance and knowledge that will enable the company to fuel its rapid growth. "The demand for post-quantum cryptography is accelerating with daily advances in quantum computing, quantum switching, and artificial intelligence," said Crick Waters, CEO of Patero. "With the White House's re-assertion through Executive Order 14144 of the necessity and timelines for the implementation of post-quantum cryptography, civilian organizations and government agencies around the world are actively seeking trusted partners to provide agile, future-safe data security solutions—and that's where Patero comes in. We're honored to welcome our inaugural Advisors, whose insight and leadership will help us scale our impact and deliver world-class PQC solutions at this pivotal moment." Patero's newly named advisors are: Major General, United States Army (Retired) Neil Hersey, CEO, Shadow Bright LLCPrevious Cybersecurity/Security Experience: Deputy Commanding General - Operations, U.S. Army Cyber Command; Commandant and Dean, Cyberspace and Electromagnetic Warfare School; Director, Joint Cyberspace Center; Director of Operations, Cyber National Mission Force Rick Gordon, CEO, Tidal CyberPrevious Cybersecurity/Security Experience: Board of Advisors, Center for Cyber Security Studies, United States Naval Academy; Steering Committee Member, Security Innovation Network (SINET); Founding Managing Partner, MACH37 Cyber Accelerator; Vice President of Product Management, KEYW Corporation; CEO of Tovaris Mark Greer, Deputy Chief Information Officer (CIO), United States Defense Intelligence Agency (Retired)Previous Cybersecurity/Security Experience: CIO, Office of Naval Intelligence; Vice President, Cyber Core Technologies Denny Brisley, Chief Strategy Officer, SaltennaPrevious Cybersecurity/Security Experience: President and Chief Operating Officer (COO), NorthStar Earth & Space Systems, Inc.; Captain, United States Navy Reserve (Retired); Highly Qualified Expert (HQE), United States Department of Defense; Command Operations Officer, Department Head Civil Maritime Intelligence Analysis, United States Office of Naval Intelligence; Commander, United States Navy Peter Clay, Chief Information Security Officer (CISO), Aireon LLCPrevious Cybersecurity/Security Experience: Board Member, United States Cyber Team; CEO, The Risk Foundry; COO, Iron Range Cyber About Patero Patero is a leader in quantum secure communications. Patero's cryptographic discovery and inventory solution quantifies risk and prioritizes the mitigation of vulnerabilities against present and future cryptographic attacks. Patero's crypto-agile post-quantum security solutions hybridize classic encryption with NIST-standardized quantum-resistant encryption algorithms to mitigate cryptographic vulnerabilities and protect data-in-motion from steal-now, decrypt-later, and future direct decryption attacks. Patero is privately held and based in the Quantum Startup Foundry at the University of Maryland, College Park. For more information, visit For investment opportunities, contact company CEO Crick Waters at crick@ View source version on Contacts Media Contact: RedIron PR for PateroKari Ritaccokari@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
23-06-2025
- Business
- Business Wire
Patero Announces Inaugural Company Advisors
COLLEGE PARK, Md.--(BUSINESS WIRE)-- Patero, a leader in post-quantum cryptography (PQC), today announced the company's inaugural advisors. The newly appointed advisors will focus on providing Patero leadership with strategic guidance and knowledge that will enable the company to fuel its rapid growth. We're honored to welcome our inaugural Advisors, whose insight and leadership will help us scale our impact and deliver world-class PQC solutions at this pivotal moment. 'The demand for post-quantum cryptography is accelerating with daily advances in quantum computing, quantum switching, and artificial intelligence,' said Crick Waters, CEO of Patero. 'With the White House's re-assertion through Executive Order 14144 of the necessity and timelines for the implementation of post-quantum cryptography, civilian organizations and government agencies around the world are actively seeking trusted partners to provide agile, future-safe data security solutions—and that's where Patero comes in. We're honored to welcome our inaugural Advisors, whose insight and leadership will help us scale our impact and deliver world-class PQC solutions at this pivotal moment.' Patero's newly named advisors are: Major General, United States Army (Retired) Neil Hersey, CEO, Shadow Bright LLC Previous Cybersecurity/Security Experience: Deputy Commanding General - Operations, U.S. Army Cyber Command; Commandant and Dean, Cyberspace and Electromagnetic Warfare School; Director, Joint Cyberspace Center; Director of Operations, Cyber National Mission Force Rick Gordon, CEO, Tidal Cyber Previous Cybersecurity/Security Experience: Board of Advisors, Center for Cyber Security Studies, United States Naval Academy; Steering Committee Member, Security Innovation Network (SINET); Founding Managing Partner, MACH37 Cyber Accelerator; Vice President of Product Management, KEYW Corporation; CEO of Tovaris Mark Greer, Deputy Chief Information Officer (CIO), United States Defense Intelligence Agency (Retired) Previous Cybersecurity/Security Experience: CIO, Office of Naval Intelligence; Vice President, Cyber Core Technologies Denny Brisley, Chief Strategy Officer, Saltenna Previous Cybersecurity/Security Experience: President and Chief Operating Officer (COO), NorthStar Earth & Space Systems, Inc.; Captain, United States Navy Reserve (Retired); Highly Qualified Expert (HQE), United States Department of Defense; Command Operations Officer, Department Head Civil Maritime Intelligence Analysis, United States Office of Naval Intelligence; Commander, United States Navy Peter Clay, Chief Information Security Officer (CISO), Aireon LLC Previous Cybersecurity/Security Experience: Board Member, United States Cyber Team; CEO, The Risk Foundry; COO, Iron Range Cyber About Patero Patero is a leader in quantum secure communications. Patero's cryptographic discovery and inventory solution quantifies risk and prioritizes the mitigation of vulnerabilities against present and future cryptographic attacks. Patero's crypto-agile post-quantum security solutions hybridize classic encryption with NIST-standardized quantum-resistant encryption algorithms to mitigate cryptographic vulnerabilities and protect data-in-motion from steal-now, decrypt-later, and future direct decryption attacks. Patero is privately held and based in the Quantum Startup Foundry at the University of Maryland, College Park. For more information, visit For investment opportunities, contact company CEO Crick Waters at crick@
Yahoo
09-06-2025
- Business
- Yahoo
Patero Announces Launch of CryptoQoR Post-Quantum Cryptography Software
PQC solution can be immediately deployed into existing infrastructure to remediate risks associated with quantum attacks. COLLEGE PARK, Md., June 09, 2025--(BUSINESS WIRE)--Patero, a leader in post-quantum cryptography (PQC), today announced the launch CryptoQoR™. This new highly efficient crypto-agile software module establishes secure communication channels and proactively mitigates security risks using hybrid post-quantum encryption. The solution can be readily deployed into existing infrastructure to improve current cryptographic protection and immediately remediate risks associated with quantum attacks. The post-quantum cryptography (PQC) market is projected to grow from $302.5 million in 2024 to $1,887.9 million by 2029.1 The approach to "Q-day," the day when quantum computers can be used to break traditional encryption, is accelerating with daily advances in quantum computing, quantum switching, AI, and high-performance computing. The migration to PQC is an imperative to secure sensitive data against future quantum threats. Governments and regulatory bodies have mandated the transition to PQC, which includes the adoption of post-quantum cryptographic solutions such as those offered by Patero. "Today's encryption is already obsolete. Using Shor's algorithm, Quantum computers will decrypt data encrypted with asymmetric algorithms such as RSA or Elliptic Curve. Your data is no longer safe," said Patero Chief Executive Officer, Crick Waters. "Sensitive, long-life data is being stolen every day to be decrypted tomorrow by cryptographically relevant quantum computers." Patero CryptoQoR also cloaks Internet-exposed endpoints, making it extremely difficult to find network attack surfaces while protecting businesses from quantum vulnerabilities. CryptoQoR's cloaking feature, therefore, is a key element of Zero Trust network architectures. CryptoQoR utilizes a certificateless authentication method to establish trust and authentication between endpoints. Untrusted endpoints are ignored. Only trusted endpoints, those with quantum-key authentication, are trusted to establish quantum-resistant tunnels. This zero-trust framework reduces network attack surfaces and enhances overall data security. Waters added, "CryptoQoR is also a crypto-agile software solution. It provides software-selectable PQC algorithms, allowing users to select their preferred algorithms in situ or upgrade to new quantum-resistant algorithms without requiring product recall or equipment replacement. All cryptography is eventually broken, but CryptoQoR's agility future-safes networks." About Patero Patero is a leader in quantum secure communications. Patero's cryptographic discovery and inventory solution quantifies risk and prioritizes mitigation of vulnerabilities against present and future cryptographic attacks. Patero's crypto-agile post-quantum security solutions hybridize classic encryption with NIST-standardized quantum-resistant encryption algorithms to mitigate cryptographic vulnerabilities and protect data-in-motion from steal-now, decrypt-later, and future direct decryption attacks. Patero is privately held and based in the Quantum Startup Foundry at the University of Maryland, College Park. For more information, visit For investment opportunities, contact company CEO Crick Waters at crick@ Learn more at 1 Quantum Cryptography Market Forecast to 2030. MarketsandMarkets. October 2024. View source version on Contacts Media Contact: RedIron PR for PateroKari Ritaccokari@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
