Quantal Security "Closing Down Operations And Selling / Licensing Our Tech And IP"

Published Jul 10, 2024 12:30 PM

Quantum computing access control startup Quantal Security is closing down operations and looking to sell/license its IP after facing challenges. But how does Quantal's product fit within the market?

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In this report, we make a case for acquiring Quantal and the possible challenges of incorporating its technology into existing products.

For background, see IPVM's Quantal Security, Quantum Computing Access Control Startup Profile

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******* ** **** ******* *****, * **.*. ** ******* *********, Quantal ******** ***** ** ***** ******* computing ** ****** ******* ******* **** its ******* ****** ****** *********. ***** the ******* *** ***** ******* ***********, the ******* ****** ***** *********** ** December ****, **** * $***,*** ********** from *** ********** ********** *********** *******.

Closing **** ********** *** *******

** * ****** ******** ****, *** ******* **** **** *** closing **** ********** ***** ***** ******* "exhilarating ***** *** *********** ****." *** post **** *** ******* ** ******* to **** ** ******* *** **** and *** **.

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Quantal ********

******* ********'* ******* ******* ******** ******* random ****** ********** (*****) *** ****-******* cryptography ** ******** *********** ** ***** random ******* *** ******** ****** ******* systems. ****** *********** ******-****** ****** ********** (PRNGs), ***** **** ** ************* ****** physical *********, ****** **** **** ****** against *******, ********** ******* ***** ***** or ********** ********/*******.

******* **** **** **** *** ********-***** solution ***** ** ********** **** ****** systems, ******** * **** ****** ************* channel ******* ******* *** *** *****. The ******* ******** * **********-*****, ********* ledger ****** **** ******** ****** *** notifications, ******* ******** ************* ******* ******* posed ** ******* ********* ************.

*** ****, ********** ********, ******* ********* ****** ******* Startup *******

Quantal's *** ****** ****** *******

***** ******* ***** ** ***** ********* cybersecurity ****** ****, ********** ******* *** future ******* **** ******* *********, *** fit ****** *** ****** ****** ***********. The ****** ******* ******** ** ******* dominated ** ****** *******, ***** ***** use ******** ************ **** ****** ***** and ******* *********.

**** ****** ******* *******' **** *********** timeframe, ******* ******** ** *********/******** ******** to ***** ******** ************, **** ** transitioning **** **** ***** *********** *** more ****** ************ *** ********* ******* to **** (********** **** ***** *** *** **** Cards "******** *********," **** *** ********).

*** ********* **** ** ***** ******* being *********** ** ******* ********* ** not ********, ******** *******'* ****** ***. While *******'* ******** *** ** * fit ** * ***** ************, **** as ***, **** *** ******* ******* forward ******** *** *** ******, ** do *** ****** *******'* ********* ** be ****** *********** ** *** **** five *****.

Acqui-Hire ***********

**** *******, ***** *** ****** ******* a ***** ****** *** ****** ******* industry *** *** ** *** **** of ******* ******** *********** *** * large ************ ***** ******* ** ********* these ************ *** ****** ********. **** could ** * ********* *********** *** the ************* ** ****** ********** ** "Quantum *******" ****** *******. ***** ****** control ************* ***** *** **** ** immediate ********* *** *** *******'* **** or **, *** **** *** *******'* sale, **** *** *** *** ** acqui-hire ***********, ****** *** ******* ***** Grant ** ***** ****.

Pricing ********** ** *** ***

******* *********** ********** *** [**** ** ****** *********] ~* ****** ***, ******** ****** control ********* ** *** *** ******* number ********* *** *** *****. ** the ****, *** *** ******* ********* of **** *****, ******* **** * freemium ** $*,*** * *****:

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***** *** *** ***** ** ****** for ************* ** ********* **** **** their *******, **** ************* *** ******** to ********* **** *****-***** ********* ** these ********* ******** ****** ** ** out ** ********. ** ********* ***** systems, ************* ********* ******* ***** *** solutions ** ******* ********* **** *** already ********** ***** ************.

Cybersecurity ** ******** ****** *******

***** *******'* ********* ***** ** ********** cybersecurity ****** ****, ************* *** **** traditionally * *** ******** *** **** providers. ******* ***** *** ******** *** existing **** *** ******* **********, *** with ***** ****** ******* ******* *******, the ********** ** ******** ** ******* is ***** **** ** *****'** **** a ****** ***. ** ****** **** complexity ** ******** **** *** ********** adoption ** ***** *******, ********* ******* could ** * **** **** **** investment *** * **** ********.

*******

***** ** ***'* ****** ****** ******* providers ** ****** ********* **** **** their ******* ** *** **** **** years, ******* ***** ** * **** acqui-hire *** ****-**** ********, **** ** existing **********/**, *** * ********** ******* who *** *********** * ***** ****** the ********, ******** ************* ** ****** their ******** ** "******* *******."

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