Quantum eMotion's SecureKey Technology Receives U.S. Patent Notice of Allowance
Quantum eMotion gains a U.S. patent allowance for SecureKey while its related cryptographic module remains in FIPS 140-3 testing with uncertain timing.
Rhea-AI Summary
Quantum eMotion (QNC) announced that its subsidiary SKV Technology has received a U.S. Patent and Trademark Office Notice of Allowance for U.S. patent application No. 18/819,165 covering its SecureKey™ cryptographic technology.
The Notice of Allowance means the application is eligible to proceed toward issuance as a U.S. patent once administrative requirements are completed. SecureKey is designed to manage and protect cryptographic key material during cryptographic operations, with the allowed claims defining the scope of protection sought. Separately, the SecureKey Cryptographic Module is in testing under the FIPS 140-3 cryptographic-module validation framework with an Implementation Under Test (IUT) designation, which does not yet constitute validation or certification and has no assured outcome or timeline.
Positive
- USPTO Notice of Allowance granted for SecureKey patent application No. 18/819,165
- SecureKey intellectual property protection advanced for cryptographic key management technology
- FIPS 140-3 testing of SecureKey Cryptographic Module underway with accredited laboratory (IUT status)
Negative
- SecureKey Cryptographic Module is not yet FIPS 140-3 validated or certified
- Company states there is no assurance on outcome or timing of FIPS 140-3 validation
News Explained
The patent remains at Notice of Allowance and the module at IUT testing; the company says it will provide further information after formal patent issuance or material FIPS-140-3 developments, without assuring timing or validation outcome.
Details
Market move: QNC +6.26% vs previous close. SecureKey patent allowance
On Sep 23, the day this news came out, the latest delayed price for QNC is 6.26% above the previous close. Our momentum scanner has recorded 7 alerts for this stock so far that day. The latest delayed price is $1.87. Relative volume is above average at 2.0x the average.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Historical Context
-
SecureKey module received an IUT listing and continued toward FIPS 140-3 validation.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
notice of allowance regulatory
fips 140-3 technical
cryptographic module validation program regulatory
implementation under test technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Patent milestone strengthens QeM's intellectual-property portfolio and advances the commercialization of its high-assurance, quantum-resilient cybersecurity platform
Montreal, Quebec--(Newsfile Corp. - September 23, 2026) - Quantum eMotion Corp. (NYSE American: QNC) (TSXV: QNC) (FSE: 34Q0) ("QeM" or the "Company"), a leader in quantum-secure cybersecurity solutions, is pleased to announce that its recently acquired subsidiary, SKV Technology Inc. ("SKV"), has received a Notice of Allowance from the United States Patent and Trademark Office ("USPTO") for U.S. patent application No. 18/819,165 relating to its SecureKey™ technology.
A Notice of Allowance indicates that the USPTO has determined that the patent application is entitled to proceed toward issuance as a U.S. patent, subject to the completion of the applicable administrative requirements.
SecureKey™ is a cryptographic technology designed to manage and protect cryptographic key material during cryptographic operations. The allowed claims and the patent application define the specific scope of the technology for which patent protection is being sought.
Separately, the SecureKey™ Cryptographic Module is undergoing validation under the Federal Information Processing Standard Publication 140-3 ("FIPS 140-3") framework administered through the Cryptographic Module Validation Program ("CMVP") of the U.S. National Institute of Standards and Technology and the Canadian Centre for Cyber Security.
The module currently has an Implementation Under Test ("IUT") designation. An IUT designation indicates that a cryptographic module has entered testing with an accredited laboratory. It does not constitute FIPS 140-3 validation or certification, and there can be no assurance regarding the outcome or timing of the validation process.
"The Notice of Allowance is an important step in the patent process for the SecureKey technology acquired through SKV," said Dr. Francis Bellido, President and Chief Executive Officer of Quantum eMotion. "In parallel, the SecureKey Cryptographic Module continues through the FIPS 140-3 validation process. These are separate processes: one concerns patent protection, while the other concerns testing against an established cryptographic-module security standard."
Jason Thomas, Director of Product Development at Quantum eMotion and founder of SKV Technology, commented:
"The Notice of Allowance advances the protection of the intellectual property associated with SecureKey. Our current work also includes supporting the SecureKey Cryptographic Module through the FIPS 140-3 testing and validation process."
The Company will provide further information following the formal issuance of the patent or upon material developments in the FIPS 140-3 validation process, as applicable.
About Quantum eMotion Corp.
Quantum eMotion Corp. is a quantum-secure cybersecurity company developing a comprehensive platform designed to protect data, communications and digital infrastructure against both current and emerging threats. The Company's technologies combine quantum-generated entropy, post-quantum cryptography, secure communications and advanced cryptographic key protection to support applications across cloud computing, artificial intelligence, financial services, healthcare, blockchain, government and critical infrastructure.
For further information, please visit our website at https://www.quantumemotion.com/
or contact us at: info@quantumemotion.com
Francis Bellido, Chief Executive Officer
514 956.2525
Cautionary Note regarding Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations, estimates, projections, assumptions, and beliefs as of the date of this release.
Words such as "anticipates," "believes," "expects," "intends," "plans," "seeks," "may," "could," "would," "should," "will," "potential," and similar expressions are intended to identify forward-looking information, although not all forward-looking information contains these identifying words.
Readers are cautioned not to place undue reliance on forward-looking information. Actual results and future events may differ materially from those anticipated. The Company undertakes no obligation to update or revise any forward-looking information, whether because of new information, future events, or otherwise, except as required by applicable securities laws.
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/315661
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does a USPTO Notice of Allowance mean for Quantum eMotion's SecureKey technology?
A Notice of Allowance indicates that the U.S. Patent and Trademark Office has determined that the SecureKey patent application is entitled to proceed toward issuance as a U.S. patent, subject to completion of the applicable administrative requirements.
What is SecureKey and what aspect is being protected?
SecureKey is a cryptographic technology designed to manage and protect cryptographic key material during cryptographic operations. The allowed claims and application define the specific scope of this technology for which patent protection is being sought.
What is the current status of the SecureKey Cryptographic Module under FIPS 140-3?
The SecureKey Cryptographic Module is undergoing validation under the FIPS 140-3 framework and currently has an Implementation Under Test (IUT) designation, meaning it has entered testing with an accredited laboratory but is not yet validated or certified.
Will Quantum eMotion provide further updates on the patent and FIPS validation?
The company plans to provide additional information following formal issuance of the SecureKey patent or upon material developments in the FIPS 140-3 validation process, as applicable.