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Quantum eMotion and JMEM TEK Sign Consortium Agreement to Accelerate Quantum-Resilient Semiconductor SoC Development

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Quantum eMotion (QNC) and JMEM TEK signed an international consortium agreement to co-develop a quantum-resilient Universal Security SoC under the Canada-Taiwan CIIP program.

The multi-year project, running through June 30, 2027, defines governance, IP sharing, revenue-sharing, and a structured plan for prototypes, PCIe boards, server appliances, SDKs, and compliance documentation.

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AI-generated analysis. Not financial advice.

Positive

  • Formal consortium agreement to co-develop quantum-resilient Universal Security SoC
  • Project term defined through June 30, 2027, giving a multi-year roadmap
  • Structured plan for SoC prototype, PCIe boards, appliances, SDKs, and APIs
  • Revenue-sharing framework for SoC commercialization based on contributions
  • Clear IP framework preserving background IP and jointly owning new foreground IP
  • Combines QeM quantum entropy with JMEM secure semiconductor design expertise

Negative

  • Commercial revenues depend on successful SoC commercialization and agreed valuation model
  • Development timeline extends to June 30, 2027 before full project term ends

News Market Reaction – QNC

-1.31%
2 alerts
-1.31% News Effect
+8.8% Peak Tracked
-$8M Valuation Impact
$608.75M Market Cap
0.9x Rel. Volume

On the day this news was published, QNC declined 1.31%, reflecting a mild negative market reaction. Argus tracked a peak move of +8.8% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $8M from the company's valuation, bringing the market cap to $608.75M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

MoU date: September 2025 Program period: 2024-25 Project term end: June 30, 2027 +2 more
5 metrics
MoU date September 2025 Initial memorandum of understanding preceding the consortium agreement
Program period 2024-25 Canada-Taiwan Collaborative R&D Program (CIIP) timeframe
Project term end June 30, 2027 Consortium project term for Universal Security SoC collaboration
FIPS standard FIPS 140-3 Compliance framework targeted for cryptographic components
FedRAMP FedRAMP framework Referenced for alignment of compliance documentation

Market Reality Check

Price: $2.77 Vol: Volume 298,622 is 0.61x t...
low vol
$2.77 Last Close
Volume Volume 298,622 is 0.61x the 20-day average 490,314, indicating subdued interest pre-announcement. low
Technical Price at 2.67 is trading below the 200-day MA of 2.8, and about 39.86% under the 52-week high 4.44.

Peers on Argus

No peers from the Technology / Software - Infrastructure group were flagged in t...

No peers from the Technology / Software - Infrastructure group were flagged in the momentum scanner, suggesting the action in QNC reflects company-specific dynamics rather than a sector-wide move.

Historical Context

5 past events · Latest: May 12 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 12 Defence energy platform Positive -7.6% Partnership to embed quantum-secured cybersecurity in energy storage systems.
May 08 Board appointment Neutral -2.2% Appointment of new director with option grant and long-term vesting.
May 04 Product launch Positive +1.8% Launch of eShield-Q runtime cryptographic protection platform for AI and cloud.
Apr 20 Certifications & M&A terms Positive +1.4% ISO security certifications and clarification of SKV acquisition earn-out terms.
Apr 15 Crypto partnership Positive +5.2% Exclusive strategic partnership to deploy QRNG2 across global crypto ecosystem.
Pattern Detected

Recent corporate and partnership announcements have mostly seen price moves aligned with the positive tone, with one notable negative divergence on defence-related platform news.

Recent Company History

Over the last month, QNC has reported multiple strategic developments: new partnerships in defence-grade energy storage and crypto infrastructure, a product launch for eShield-Q, and successful ISO/IEC 27001:2022 surveillance and ISO/IEC 27017 certification, plus a board appointment with option grants. Most of these ostensibly positive milestones saw modestly positive or limited downside reactions, except the May 12 defence energy storage news, which coincided with a sharper single-day decline.

Market Pulse Summary

This announcement formalized a multi-year consortium with JMEM TEK to co-develop a quantum-resilient...
Analysis

This announcement formalized a multi-year consortium with JMEM TEK to co-develop a quantum-resilient Universal Security SoC, integrating QeM’s quantum entropy with secure chip design and targeting compliance with frameworks like FIPS 140-3 and FedRAMP through June 30, 2027. In context of recent partnerships, certifications, and product launches, investors may track concrete milestones such as SoC prototypes, PCIe boards, server appliances, and commercialization terms that govern shared revenues and jointly developed intellectual property.

Key Terms

physical unclonable function, post-quantum cryptography, root-of-trust, system-on-chip, +3 more
7 terms
physical unclonable function technical
"innovator specializing in Physical Unclonable Function (PUF), Post-Quantum Cryptography (PQC)"
A physical unclonable function (PUF) is a tiny hardware feature that uses unavoidable microscopic differences from manufacturing to create a unique, hard-to-duplicate “fingerprint” for an electronic device. Investors should care because PUFs provide built-in device authentication and secure key storage without relying on software passwords, which can reduce fraud, strengthen product trust, and create competitive advantages in markets where security and regulatory compliance matter.
post-quantum cryptography technical
"innovator specializing in Physical Unclonable Function (PUF), Post-Quantum Cryptography (PQC)"
Post-quantum cryptography is a set of new methods for scrambling data so it stays secure even if powerful quantum computers exist; think of replacing today’s locks with designs that a future high‑speed lockpicker cannot open. For investors, it matters because companies must upgrade systems, meet regulations, and protect customer and trade data—creating costs, competitive advantages, or legal and reputational risks depending on how quickly and effectively they adopt these new security standards.
root-of-trust technical
"PQC), and hardware root-of-trust architectures, will contribute its advanced secure chip"
A root-of-trust is the foundational security element—often a small dedicated chip or protected software module—that ensures a device or system only starts and runs with authentic, approved code and keys. For investors, it matters because a strong root-of-trust reduces the risk of hacks, data breaches, regulatory problems and product recalls, protecting a company's reputation and value much like a building’s solid foundation and locks protect everything inside.
system-on-chip technical
"accelerating the completion of the Universal Security system-on-chip ("SoC"), reinforcing"
A system-on-chip (SoC) is a single silicon chip that combines the main computing processor, memory, and key interfaces (like graphics, wireless radios or input/output controllers) that a device needs to run. Think of it as a compact, all-in-one engine that replaces many separate parts, saving space, power and cost. For investors, SoC design and production influence product performance, margins and supply risk, and can be a major competitive advantage in electronics markets.
sdks technical
"applications, cryptographic SDKs and APIs, and supporting compliance documentation"
Software Development Kits (SDKs) are bundles of tools, code samples and instructions that let other developers add a company’s technology to their own apps or devices, like giving builders a prefabricated toolbox. For investors, SDKs matter because they help spread a product’s use faster, lower integration costs for partners, and can drive recurring revenue or user growth—signals that a technology is gaining market traction.
apis technical
"applications, cryptographic SDKs and APIs, and supporting compliance documentation"
APIs are sets of rules that let different software systems talk to each other, like standardized doorways that let apps, data services and websites exchange information without needing to be rebuilt each time. For investors, APIs matter because they speed product development, enable digital partnerships and data feeds, create new revenue or cost savings, and introduce operational or security dependencies that can affect growth and risk.
fips 140-3 regulatory
"documentation aligned with frameworks such as FIPS 140-3 and FedRAMP."
A U.S. government standard that sets detailed security requirements for cryptographic modules—software or hardware components that encrypt data and manage keys. Think of it as a rigorous safety inspection for digital locks: passing the test signals that a product meets recognized security practices, which matters to investors because certification can affect a company’s ability to sell to governments and regulated industries, reduce legal and operational risk, and support customer trust.

AI-generated analysis. Not financial advice.

Montreal, Quebec and Taipei, Taiwan--(Newsfile Corp. - May 19, 2026) - Quantum eMotion Corp. (NYSE: QNC) (TSXV: QNC) (FSE: 34Q0) ("QeM" or the "Company") and JMEM TEK ("JMEM") are pleased to announce the signing of an international project consortium agreement and Dr. Francis Bellido's visit to JMEM's facilities in Taiwan, marking an important new step in the companies' strategic collaboration. The agreement builds on the memorandum of understanding entered into in September 2025 and advances the parties' collaborative R&D initiative under the Canada-Taiwan 2024-25 Collaborative R&D Program (CIIP).

JMEM TEK, a Taiwan-based secure semiconductor innovator specializing in Physical Unclonable Function (PUF), Post-Quantum Cryptography (PQC), and hardware root-of-trust architectures, will contribute its advanced secure chip design capabilities to the collaboration.

Dr. Bellido recently visited JMEM to meet with the company's leadership and technical teams, review project progress, align on next steps, and further strengthen the relationship between the two organizations. The visit was also focused on accelerating the completion of the Universal Security system-on-chip ("SoC"), reinforcing the parties' shared determination to move efficiently from framework agreement to execution and development milestones.

The signed consortium agreement formalizes the framework for developing a quantum-resilient Universal Security SoC platform that integrates QeM's diode-based quantum entropy source with JMEM's secure chip capabilities. The project is intended to support secure boot, root-of-trust functions, hardware-level security architecture, and future quantum-resilient deployments. The agreement also provides a structured implementation plan that includes an SoC prototype, PCIe boards and server appliances for CaaS/EaaS applications, cryptographic SDKs and APIs, and supporting compliance documentation aligned with frameworks such as FIPS 140-3 and FedRAMP.

"This announcement reflects more than the signing of an agreement; it reflects the strengthening of a strategic relationship and a shared commitment to execution," said Dr. Francis Bellido, CEO of Quantum eMotion. "My visit to JMEM confirmed the quality of our alignment, the strength of our collaboration, and our common objective to accelerate completion of the Universal Security SoC. Together, we are building the foundation for a new class of quantum-resilient semiconductor security solutions."

"We are very pleased to formalize this collaboration through the signing of the consortium agreement and to welcome Dr. Bellido to Taiwan," said John Chang, CEO of JMEM Technology. "This collaboration represents an important milestone in advancing commercially deployable quantum-resilient semiconductor security solutions for critical infrastructure, AI data centers, defence, and next-generation connected systems."

The consortium agreement establishes the governance, project execution and commercialization framework for the collaboration, including steering committee oversight, technical working groups, reporting obligations and budget coordination. The project term extends through June 30, 2027. The agreement also provides that commercial revenues derived from the SoC are to be shared between QeM and JMEM in proportion to their respective contributions, subject to a mutually agreed-upon valuation model before market deployment.

The agreement further sets out the parties' intellectual property and confidentiality framework. Background intellectual property remains the property of each contributing party, while jointly developed foreground intellectual property will be jointly owned. Any post-project commercialization, licensing or sublicensing of jointly developed technology will require prior written agreement between QeM and JMEM.

By combining QeM's expertise in quantum entropy with JMEM's capabilities in secure semiconductor design, the parties aim to accelerate the development of trusted hardware security solutions for critical digital infrastructure and other high-assurance applications.

About JMEM TEK

JMEM TEK, based in Taiwan, is a trusted innovator in secure semiconductor design. Specializing in Physical Unclonable Function (PUF) technology, Post-Quantum Cryptography (PQC), and hardware root-of-trust architectures, JMEM TEK delivers IP and System-on-Chip (SoC) solutions that enable next-generation cybersecurity across data centers, IoT, automotive, and defense applications.

For further information, please visit our website: https://jmemtek.com or contact:

John Chang, Chief Executive Officer, Co-Founder
Tel: +886 2-2325-3808
Email: marketing@jmemtek.com
Website: https://jmemtek.com

About Quantum eMotion Corp.

The Company aims to address the growing demand for affordable hardware and software security for connected devices. QeM has become a pioneering force in classical and quantum cybersecurity solutions thanks to its patented Quantum Random Number Generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.

The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Networks and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.

For further information, please visit our website at https://www.quantumemotion.com/ or contact:

Francis Bellido, Chief Executive Officer
Tel: 514.956.2525
Email: info@quantumemotion.com
Website: www.quantumemotion.com

Cautionary Note regarding Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws, which is based upon the Company's current internal expectations, estimates, projections, assumptions and beliefs. Such forward-looking statements and forward-looking information include, but are not limited to, statements concerning the Company's expectations with respect to the commencement of trading of the Company's common shares on NYSE American; the expected cessation of trading on the OTCQB; the anticipated benefits of the NYSE American listing; and the Company's business strategy, target markets and growth initiatives. Forward-looking statements or forward-looking information relate to future events and future performance and include statements regarding the expectations and beliefs of management based on information currently available to the Company. Such forward-looking statements and forward-looking information often, but not always, can be identified by the use of words such as "plans", "expects", "potential", "is expected", "anticipated", "is targeted", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or forward-looking information are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements or forward-looking information, including, without limitation, risks and uncertainties relating to delays in or failure to complete listing-related processes, the Company's ability to maintain compliance with applicable exchange requirements, changes in market conditions, the value of the Company's intangible assets, completing proof of concept studies, protecting intangible assets rights, timing and availability of external financing on acceptable terms or at all, the possibility that future results will not be consistent with the Company's expectations, increases in costs, changes in legislation and regulation, changes in economic and political conditions and other risks inherent to the cybersecurity industry and new technologies, such as risk of obsolescence, slow adoption and competing technological advances; and those risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca.

Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that could cause results not to be as anticipated, estimated or intended. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedarplus.ca. The Company provides no assurance that forward-looking statements or forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements and information. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297949

FAQ

What did Quantum eMotion (QNC) and JMEM TEK announce on May 19, 2026?

Quantum eMotion and JMEM TEK announced a consortium agreement to co-develop a quantum-resilient Universal Security SoC platform. According to Quantum eMotion, the agreement formalizes governance, IP, revenue-sharing, and a detailed implementation plan for prototypes, hardware platforms, SDKs, and compliance documentation.

What is the goal of the Quantum eMotion (QNC) and JMEM TEK Universal Security SoC project?

The project aims to develop a quantum-resilient Universal Security SoC platform for trusted hardware security. According to Quantum eMotion, it will integrate QeM’s diode-based quantum entropy source with JMEM’s secure chip capabilities to support secure boot, root-of-trust, and future quantum-resilient deployments.

What is the project timeline for the Quantum eMotion (QNC) and JMEM TEK consortium agreement?

The consortium project runs through June 30, 2027, providing a defined multi-year development window. According to Quantum eMotion, the agreement covers governance, technical working groups, reporting obligations, and budget coordination across the full project term.

How will Quantum eMotion (QNC) and JMEM TEK share revenues from the Universal Security SoC?

Commercial revenues from the SoC will be shared based on each party’s contributions. According to Quantum eMotion, revenue allocation will follow a mutually agreed valuation model finalized before market deployment, with any post-project commercialization or licensing requiring prior written agreement.

How is intellectual property handled in the Quantum eMotion (QNC) and JMEM TEK consortium?

Background intellectual property remains owned by each contributing party, while jointly developed foreground IP will be jointly owned. According to Quantum eMotion, any post-project commercialization, licensing, or sublicensing of jointly developed technology needs prior written agreement between both companies.

What technologies and applications are targeted by the QNC and JMEM TEK quantum-resilient SoC?

The SoC targets quantum-resilient hardware security using quantum entropy, PUF, PQC, and root-of-trust designs. According to Quantum eMotion, applications include critical infrastructure, AI data centers, defence, next-generation connected systems, and CaaS/EaaS server appliances with supporting cryptographic SDKs and APIs.

What deliverables are planned under the Quantum eMotion (QNC) and JMEM TEK consortium agreement?

Planned deliverables include a Universal Security SoC prototype, PCIe boards, server appliances, cryptographic SDKs, APIs, and compliance documentation. According to Quantum eMotion, documentation will align with frameworks such as FIPS 140-3 and FedRAMP for hardware-level security deployments.