Welcome to our dedicated page for 01 Quantum news (Ticker: OONEF), a resource for investors and traders seeking the latest updates and insights on 01 Quantum stock.
01 Quantum Inc. develops post-quantum cybersecurity technologies for enterprise systems facing emerging quantum-computing threats. Its IronCAP™ platform and related technologies support applications in secure AI, digital assets, email security and enterprise infrastructure, including the Quantum AI Wrapper and quantum-resistant digital asset tools.
Company updates commonly address patent activity, product demonstrations, commercial deployments through partners, quarterly results, capital markets advisory arrangements and board governance. News also covers the use of 01 Quantum’s cryptographic technology in secure AI model and data processing, as well as Web3 and digital asset security infrastructure such as $qONE.
01 Communique Laboratory Inc. (OONEF) reported strong results for fiscal 2022, with Q4 revenue reaching $244,183, up from $163,021 in the prior year, and total annual revenue of $1,026,810, a $141,465 increase year-over-year. The company recorded a Q4 loss of $181,242, an improvement from $250,569 in Q4 2021. The integration of IronCAP technology into military-grade hardware and the development of the first quantum-safe crypto wallet were key operational highlights. The firm also aims to launch the world's first commercial-ready quantum-safe email product in fiscal 2023, with a significant focus on cyber resilience.
01 Communique Laboratory (TSX-V:ONE)(OTCQB:OONEF), a pioneering enterprise-level cybersecurity provider for the quantum computing era, will release its fourth quarter 2022 financial results on January 19, 2023, before the market opens. A live update on the results and future prospects for its technologies, IronCAP and IronCAP X, will take place at 10:00 AM EST on the same day. The company emphasizes its advanced post-quantum cryptographic solutions and secure remote access services, protected by multiple patents in the U.S., Canada, and Japan. For further information, visit www.ironcap.ca.
01 Communique Laboratory Inc. has partnered with Thales Group to integrate their IronCAP post-quantum cryptography (PQC) with Thales Luna Hardware Security Modules (HSMs). This collaboration aims to enhance cybersecurity solutions for businesses and governments, ensuring data protection against quantum threats. Customers of Thales Luna can now seamlessly add IronCAP functionality, aligning with NIST standards. CEO Andrew Cheung emphasized the necessity of PQC in safeguarding sensitive data and highlighted that this partnership marks a significant advancement in quantum-safe security. Joint marketing efforts are set to commence immediately.
01 Communique Laboratory (OTCQB:OONEF) has closed a non-brokered private placement, raising $67,500 through the issuance of 562,500 common shares priced at $0.12 each. The proceeds will be directed towards working capital needs. As a pioneer in cybersecurity for quantum computing, 01 Communique offers IronCAP™, a patented advanced cryptographic system designed to protect against potential quantum attacks. The company holds multiple patents, ensuring the security of its remote access product line, including the I'm InTouch and I'm OnCall services.
01 Communique Laboratory Inc. (OTCQB:OONEF) has unveiled the world's first quantum-safe crypto wallet utilizing a post-quantum cryptography (PQC) algorithm approved by NIST. This wallet, a significant advancement for blockchain security, is part of their Proof-of-Concept for Quantum-Safe Blockchain supporting smart contracts. Developed in partnership with QNT (Quantum Native Token) on the Solana blockchain, the wallet offers enhanced protection against quantum computer attacks, addressing vulnerabilities in existing blockchain wallets.
01 Communique Laboratory has reported third quarter fiscal 2022 results, showcasing a revenue increase to $236,002 from $211,831 year-over-year. Year-to-date revenue stands at $782,637, up from $722,324 in 2021. The company's loss for the quarter improved to $190,242 from $228,762 in the previous year. They are nearing completion of the world's first Quantum-Safe Blockchain and expect to launch the IronCAP X™ email security product by the end of October. A recent private placement raised $112,500 to support ongoing development.
01 Communique Laboratory has closed a non-brokered private placement, issuing 562,500 units at $0.20 each, raising $112,500 in gross proceeds. Each unit consists of one common share and half a share purchase warrant, allowing the purchase of additional shares at $0.35 within two years. The funds will be allocated for working capital purposes. 01 Communique specializes in cybersecurity technologies, particularly its IronCAP system, which offers protection against quantum computing threats.
01 Communique Laboratory Inc. (OTCQB: OONEF) has achieved significant technical milestones by integrating IronCAP™ into the Solana blockchain. This development aims to create a quantum-safe blockchain capable of supporting smart contracts and NFTs, crucial for the safety of digital assets against quantum computer attacks. The company plans to file a patent for this integration along with its partner, Talent Summit, which has funded the Proof of Concept (PoC). Future steps include developing a quantum-safe wallet and the commercial rollout of the QNT - Quantum Native Token.
01 Communique Laboratory reported a 20% revenue increase in Q2 fiscal 2022, totaling $357,594, allowing for enhanced investments in product development. Notably, an investment of $190,212 was made, targeting quantum-safe blockchain solutions. The company reported a loss of $82,879 for the quarter, with $849,375 in cash remaining. They entered a partnership with Talent Summit to develop a quantum-safe blockchain and filed a patent for quantum-safe steganography. Stock options for directors and executives were granted for up to 900,000 shares.
01 Communique Laboratory Inc. (TSX-V:ONE, OTCQB:OONEF) is set to release its second quarter financial results for 2022 on June 16, before the market opens. The quarter ended on April 30. A live update will be held at 10:00 AM EST on the same day, discussing the results and future prospects of its IronCAP™ technologies. The company is a pioneering enterprise-level cybersecurity provider focusing on quantum computing solutions, with its unique cryptographic technology safeguarded by multiple patents. More details can be found at www.ironcap.ca.