Welcome to our dedicated page for Quantum Emotion news (Ticker: QNCCF), a resource for investors and traders seeking the latest updates and insights on Quantum Emotion stock.
Quantum eMotion Corp (QNCCF) pioneers quantum-ready cybersecurity solutions using patented QRNG technology to protect critical infrastructure across healthcare, blockchain, and IoT sectors. This page aggregates official announcements, financial updates, and strategic developments from the company.
Investors and industry professionals will find verified updates on product launches, regulatory milestones, and partnership agreements. Key focus areas include quantum encryption advancements, compliance with global security standards, and expansion into emerging markets.
All content is sourced directly from Quantum eMotion’s communications and vetted financial disclosures. Bookmark this page to monitor the company’s progress in addressing next-generation cybersecurity challenges through quantum-resistant technologies.
Quantum eMotion (TSXV: QNC) (OTCQB: QNCCF) has achieved ISO/IEC 27001:2022 certification, a globally recognized standard for information security management. This certification underscores QeM's commitment to ensuring the security of its quantum-based cybersecurity solutions. The certification covers the company's security management of applications and systems, helping it meet legal, regulatory, and contractual obligations. CEO Francis Bellido emphasized the importance of this milestone in fostering trust and opening new business opportunities, particularly in sectors like financial services, healthcare, and government contracts. The CTO, Larry Moore, noted that this certification enhances operational processes and provides a competitive market edge.
Quantum eMotion Corp. has announced the development of an innovative hardware wallet technology designed for the cryptocurrency industry. This solution integrates the company's Quantum Random Number Generation (QRNG) and intelligent key generation scheme selection technologies to improve the efficiency and cost-effectiveness of hierarchical deterministic (HD) wallets. By reusing the same hardware components for generating both master and child keys, the new wallet reduces costs, circuit complexity, and footprint.
This development comes at a time when the hardware wallet market was valued at USD 284.9 million in 2023 and is expected to grow at a CAGR of 23.2% from 2024 to 2030. Quantum eMotion has filed for a patent to secure international intellectual property protection. CEO Francis Bellido highlighted the significance of this technology, marking it as the company's second collaboration with ETS for blockchain and cryptocurrency applications.
Quantum eMotion (TSXV: QNC, OTCQB: QNCCF) has retained Red Cloud Securities to provide market-making services, subject to regulatory approval. Red Cloud will help maintain a reasonable market and improve liquidity for QeM's common shares on the TSX Venture Exchange. The agreement includes a monthly fee of $5,000, paid quarterly in advance for the first three months, and monthly thereafter. There are no performance factors, and the term is ongoing with a 30-day termination notice. Red Cloud and its clients may hold interests in QeM's securities.
Quantum eMotion (QeM) has appointed John Young as a new board member to bolster its cybersecurity and IT operations. Young brings over 35 years of experience in the sector, having previously held significant roles at McDonnell Douglas, Kaiser Permanente, and IBM's Cloud Division. His expertise includes managing IT infrastructure, large-scale data centers, and corporate acquisitions. Young replaces Scott Rickards and will receive 500,000 options as part of his compensation. QeM CEO Francis Bellido welcomes Young, emphasizing his critical role in enhancing the company's security measures and addressing future quantum computing threats.
Quantum eMotion Corp. (QNCCF) announced its financial and operational results for the year ending December 31, 2023. The company focused on advancing its Quantum Random Number Generator technology, increasing R&D expenses, securing a strong cash position, and partnering with key institutions. With a $750K private placement in March 2024, the company is well-positioned for commercialization in sectors like healthcare, defense, and finance.
Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) announces a delay in filing its annual financial statements due to asset evaluation complexities, which have been resolved. Expecting a cease trade order from the Ontario Securities Commission, affecting trading until the documents are filed. No undisclosed material information. Company focuses on cybersecurity solutions.
FAQ
What is the current stock price of Quantum Emotion (QNCCF)?
What is the market cap of Quantum Emotion (QNCCF)?
