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Quantum Xchange Strengthens Priseda s National Private Network for Resiliency with Advanced Quantum Security

Quantum Xchange Strengthens Priseda s National Private Network for Resiliency with Advanced Quantum Security
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Quantum Xchange Teams with CommStar to Protect Advanced Earth-to-Moon Communications Infrastructure

Quantum Xchange Teams with CommStar to Protect Advanced Earth-to-Moon Communications Infrastructure
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Quantum Xchange Makes Quantum-Safe Encryption Available and Affordable to Organizations of Any Size with the Launch of Phio TX-D

Share this article Share this article BETHESDA, Md., April 6, 2021 /PRNewswire/ Quantum Xchange, a leader in quantum-safe products and services for crypto agility and quantum readiness, today announced the general availability of Phio Trusted Xchange (TX) model D (Phio TX-D). The new edge device, which leverages the quantum-safe out-of-band key delivery technology found in the flagship product Phio TX, is designed to deliver quantum-safe Virtual Private Network (VPN) and private network encryption for smaller locations or deployments. Organizations of all sizes can now benefit from an affordable, crypto-agile key distribution system that provides unparalleled security for data in motion today, and a future-proof solution that addresses the emerging threat of quantum computing.

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Quantum Xchange Completes Initial Series A Funding, Appoints New Business and Technology Leaders to Meet Global Demand for Quantum-Safe Security Solutions

BETHESDA, Md. and NEW YORK, Jan. 7, 2021 /PRNewswire/ Quantum Xchange, a leader in quantum-safe products and services for crypto agility and quantum readiness, today announced that it has completed the initial close on $13.5 million of Series A capital at a $59 million post-money valuation. This follows the company s initial funding of $10 million. The Series A capital will be used to scale operations, continue to innovate on the Phio family of solutions, and help Fortune 1,000 businesses and government agencies prepare for the looming quantum threat – when a quantum computer has the potential to break the encryption on which most enterprises, digital infrastructures, and economies rely.

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