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.
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01 Communique Laboratory Inc. (TSXV:ONE)(OTCQB:OONEF), a pioneer in enterprise-level cybersecurity for quantum computing, will hold its annual shareholder meeting on April 25, 2023, at 4:00 PM ET at Fogler Rubinoff LLP in Toronto. CEO Andrew Cheung will provide insights into the Company's future business prospects after the regulatory portion of the meeting. For those unable to attend in person, the meeting can be accessed online via a Zoom link or dial-in options provided. 01 Communique specializes in post-quantum cryptographic technology, with its IronCAP™ system protected by U.S. patent #11,271,715. The Company offers secure remote access services through its I'm InTouch and I'm OnCall products, secured by multiple patents in the U.S., Canada, and Japan.
01 Communique Laboratory (TSXV:ONE, OTCQB:OONEF) has received a Notice of Allowance from the United States Patent and Trademark Office for its blockchain endpoint protection technology. This patent (application no. 17/972,815) allows the company to provide quantum-safe wallets, addressing vulnerabilities in blockchain systems against quantum computer attacks. CEO Andrew Cheung emphasized the importance of this technology in securing blockchain endpoints, particularly in a post-quantum computing world. The company continues to advance its IronCAP technology, reinforcing its commitment to cybersecurity solutions for the evolving landscape.
01 Communique Laboratory reported its first quarter fiscal 2023 results, ending January 31, 2023, with revenue of $106,803, down from $189,031 in the previous year. The company's loss was $247,508, an increase from $207,641 year-over-year. Adjusted loss excluding non-cash expenses was $185,895, up from $158,355. Despite the challenges, cash operating expenses decreased to $285,295 from $327,765. The company is focusing on post-quantum cryptographic solutions, particularly with its IronCAP™ product, and anticipates lower research and development expenses moving forward. A live teleconference will discuss these financial results and future business prospects.