Quantum eMotion Secures NIST IUT Listing for SecureKey Cryptographic Module, Advancing Trusted Data Security and FIPS Validation
Rhea-AI Summary
Quantum eMotion (NYSE American: QNC) announced that its flagship Quantum Emotion SecureKey Cryptographic Module has been listed as an Implementation Under Test (IUT) on the U.S. National Institute of Standards and Technology (NIST) Cryptographic Module Validation Program (CMVP) registry, a key milestone toward FIPS 140-3 validation.
Working with Intertek Laboratories, the company is progressing through CMVP adjudication and expects SecureKey to advance to the “Modules In Process” list in roughly three to four months. According to Quantum eMotion, SecureKey is intended to serve as a validated cryptographic root of trust for enterprise and embedded systems, supporting deployments in regulated and mission-critical sectors.
Positive
- SecureKey listed on NIST CMVP IUT registry, advancing formal validation
- Clear path toward FIPS 140-3 validation via NIST CMVP process
- Target timeline of three to four months to move to “Modules In Process” list
- Positioning for regulated-sector deployments that require certified cryptographic modules
Negative
- None.
Market reaction: QNC -7.44% on NIST IUT listing
On the day this news was published, QNC declined 7.44%, reflecting a notable negative market reaction. Argus tracked a peak move of +4.6% during that session. Argus tracked a trough of -13.7% from its starting point during tracking. Our momentum scanner triggered 16 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $43M from the company's valuation, bringing the market cap to $530.90M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 30 | AI summit sponsorship | Positive | -4.5% | Sponsoring AI for Good summit and granting CEO stock options. |
| Jun 12 | Partnership MOU | Positive | +1.4% | Non-binding MOU to integrate quantum cybersecurity into AI infrastructure. |
| Jun 02 | AGM and update | Positive | +8.5% | AGM notice with year of growth, launches, partnerships, certifications. |
| May 26 | Commercial deployment | Positive | +0.3% | First U.S. commercial order for quantum-secured energy storage platform. |
| May 21 | Q1 filings | Neutral | +2.9% | Filing Q1 2026 interim statements and confirming annual reports on file. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Over the last five news events, QNC has generally traded higher on operational and partnership updates, with one notable divergence on an AI summit and stock-option announcement.
Key Terms
implementation under test technical
cryptographic module validation program technical
fips 140-3 regulatory
qrng technical
post-quantum technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Montreal, Quebec and Irvine, California--(Newsfile Corp. - July 16, 2026) - Quantum eMotion Corp. (NYSE American: QNC) (TSXV: QNC) (FSE: 34Q0) ("QeM" or the "Company") is pleased to announce that its flagship Quantum Emotion SecureKey Cryptographic Module has been officially designated as "Implementation Under Test" (IUT) by the National Institute of Standards and Technology (NIST).
The module is now publicly listed on the NIST Cryptographic Module Validation Program (CMVP) registry, representing an important step in the Company's FIPS 140-3 validation journey. In partnership with Intertek Laboratories, the Company is advancing through the CMVP adjudication process and expects the module to progress to the "Modules In Process" list within approximately three to four months. The IUT listing is now publicly available at the link below:
https://csrc.nist.gov/projects/cryptographic-module-validation-program/modules-in-process/iut-list
Role and Technical Importance
The SecureKey Cryptographic Module serves as the foundational trust root for enterprise data protection. By entering the formal NIST validation pipeline, the technology establishes:
- An independently validated cryptographic root of trust for applications and infrastructure.
- A pathway toward deployment in regulated sectors requiring FIPS 140-3 certified cryptographic modules.
- A secure foundation for key generation, storage, protection, and cryptographic operations across enterprise and embedded environments.
Leadership Perspective
"Securing the NIST IUT listing represents a definitive breakthrough in our commercialization roadmap," said Jason Thomas, Director of Product Development at Quantum Emotion Corp. "Our team is moving rapidly alongside Intertek to finalize the Vendor Evidence documentation. This listing validates the architecture of the SecureKey module and moves us closer to achieving full FIPS compliance, ensuring our clients can deploy independently validated, standards-based cryptographic security solutions.
"The SecureKey IUT designation marks an important advancement in QeM's mission to deliver trusted cryptographic foundations for the next generation of digital infrastructure. Combined with our QRNG and post-quantum technologies, SecureKey further strengthens our position as a provider of advanced cybersecurity solutions for regulated and mission-critical environments," said Francis Bellido, Chief Executive Officer of Quantum eMotion Corp.
About Quantum eMotion Corp.
The Company aims to address the growing demand for affordable hardware and software security for connected devices. QeM develops advanced cryptographic and cybersecurity technologies, including quantum random number generation, post-quantum cryptography, and runtime protection solutions for enterprise and embedded environments.
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/305377