Quantum Optics Jena completes âseven figure euroâ seed funding
16 Feb 2021
Fraunhofer IOF start-up working to develop photonics-based high-security QKD communication systems and other products.
The latest spin-off from the Fraunhofer Institute for Applied Optics and Precision Engineering (IOF) is developing quantum-based solutions for communication systems. This week the founding team announced that it has gathered the necessary investor support for the Jena-based operation.
QOJ stated on February 10th, âthe security and sovereignty of data is secured by complex mathematical algorithms and cryptography solutions. With the highly dynamic development of quantum computing, completely new types of computing power are becoming possible, posing a threat to classical encryption methods.