Welcome to our dedicated page for Quantum Secure news (Ticker: SCPCF), a resource for investors and traders seeking the latest updates and insights on Quantum Secure stock.
Scope Technologies Corp (OTCQB: SCPCF), now operating under the name QSE – Quantum Secure Encryption Corp, generates news that centers on post-quantum cybersecurity, quantum entropy distribution, and encrypted data infrastructure. Company announcements highlight product launches, strategic partnerships, certifications, financing activities, and regional expansion tied to its quantum-secure infrastructure focus.
Recent news has covered the company’s corporate rebrand from Scope Technologies Corp to Quantum Secure Encryption Corp, reflecting its emphasis on quantum security and encryption. Other releases describe the launch of QSE-Chat, a quantum-secure mobile messaging and file-sharing app for enterprise and government clients using the QSE Vault platform, and the introduction of QSE.API, a publicly accessible interface that delivers quantum-secure entropy via a REST API.
Investors and technology observers can also find updates on the release of the qREK SDK for quantum-resilient encryption key generation, enhancements to the QSEaaS V2 Quantum Security-as-a-Service platform, and developments in decentralized cloud storage based on encrypted, distributed file storage. The company’s news flow includes details on CyberSecure Canada Level 2 Certification, collaborations with partners such as Enzo Plus Asia Pte Ltd and Urban Defense Tactics, and activities aimed at expanding its footprint across Southeast Asia.
This news page aggregates these updates so readers can follow how Scope Technologies / QSE advances its quantum-resilient data protection technologies, engages in regional alliances, and pursues enterprise and public-sector opportunities. For those tracking SCPCF and the QSE brand, the coverage provides context on the company’s evolving product ecosystem and strategic positioning within post-quantum cybersecurity.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has successfully launched its QSE Quantum Gateway globally. This core module aims to provide businesses with quantum resilient entropy for enhanced security, scalability, and growth. The gateway bridges the privacy and latency gap between institutional clients and their cloud infrastructure, regardless of data center location.
The deployment has been completed across multiple countries and industries, demonstrating its versatility and robustness. Sean Prescott, Founder & CTO of Scope AI, emphasized the company's commitment to innovation and delivering value to customers. He views this launch as a significant step in redefining the Entropy as a Service landscape and addressing future challenges posed by quantum computers.
Scope AI Corp (CSE: SCPE) (OTCQB: SCPCF) has closed its acquisition of QSE Technology from Ovryde , as announced on July 9, 2024. This acquisition enables Scope to provide quantum-resilient security solutions to retail and institutional customers, addressing the growing threat posed by quantum computing to traditional encryption methods. The QSE Technology offers robust security solutions that are easily integrated into existing infrastructures.
CEO James Young highlighted that the quantum cryptography market is currently valued at $11 billion for 2024 and is projected to grow to $126 billion by 2033. This acquisition positions Scope AI at the forefront of the digital security industry, ready to capitalize on the increasing demand for advanced quantum-resilient security solutions.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has successfully closed its non-brokered private placement financing, raising $2,000,000 by issuing 1,250,000 common shares at $1.60 per share. The shares will be subject to resale restrictions until December 1, 2024. No finders' fees were payable for this offering.
The company plans to use the net proceeds to develop its GEM Platform and advance its quantum-resilient entropy technology product suite, as well as for general working capital purposes. This offering was not registered under the U.S. Securities Act and is not available for sale in the United States except under specific exemptions.
Scope AI Corp (CSE: SCPE, OTCQB: SCPCF, FSE: VN8) has announced significant progress in developing its GEM (General Enterprise Machine Learning) system, an AI-driven visual recognition technology for the advertising sector. Key advancements include:
1. Ad Creation using Generative AI Image Creation
2. Ad Comparison for determining optimal images and headlines
3. Ad Recommendations for campaign optimization
The company has also achieved important development milestones, including completed frontend design for Home, Login, and Signup pages, robust backend APIs, secure user authentication, and profile management features. CEO James Young emphasized that these advancements represent a major step forward in delivering state-of-the-art AI solutions for advertising technology.
Scope AI Corp. has entered into a technology agreement with Ovryde to acquire ownership and rights to their quantum-resilient entropy (QSE) technology. This advanced security measure is designed to protect data against future quantum computing threats. The Global AI in Cybersecurity Market is projected to grow significantly, from $22.1 billion in 2023 to $147.5 billion by 2033, at a CAGR of 20.8%. With this acquisition, Scope AI aims to expand its cybersecurity offerings, address emerging quantum threats, and create new revenue streams.
The QSE Technology product suite includes API-based quantum-resilient entropy as a service and encrypted cloud, on-premise, and decentralized storage solutions, ensuring robust protection for sensitive data in transit and at rest. Scope AI's payment for this acquisition includes $400,000 and 2,800,000 common shares issued to Ovryde. This deal positions Scope AI as a market leader in quantum-resilient security solutions, preparing businesses for future advancements in digital security.
Scope AI Corp. announced the acquisition of Ovryde 's quantum resilient entropy (QSE) technology to strengthen its cybersecurity offerings. This agreement, dated July 9, 2024, allows Scope AI to integrate advanced quantum security measures, providing robust protection against future quantum computing threats. The acquisition enhances Scope's product suite, facilitates faster deployment, and opens new revenue opportunities in high-security industries such as finance, healthcare, and government. It also enables clients to meet evolving regulatory standards and prepares businesses for future advancements in digital security. Overall, the move positions Scope AI as a leader in quantum-resilient security solutions and supports sustainable growth through continuous technological adaptation.
Scope AI Corp. (CSE: SCPE, OTCQB: SCPCF, FSE: VN8) announced a collaboration with leading ad agencies and networks to optimize its GEM (General Enterprise Machine Learning) platform. This initiative aims to gather insights into challenges faced by these organizations, particularly in analyzing ad creatives and page layouts. The feedback will help refine GEM's AI-driven visual recognition and neural network technology, enhancing its market fit and value for advertisers, brands, and Adtech providers. CEO James Young emphasized the importance of addressing real-world challenges to ensure GEM meets specific industry needs. Scope AI is also expanding its development team to integrate this feedback and drive innovation in the advertising technology sector.
Scope AI Corp. has announced advancements in its GEM (General Enterprise Machine Learning) platform, designed to enhance visual recognition and neural network technology in the AdTech sector. The company is expanding its development team to accelerate the GEM system, which offers AI-driven visual analysis for advertisers, enabling efficient campaign management without live testing. Key features include safety and fraud measures, cross-channel integration, bid optimization, and personalization. CEO James Young emphasizes their commitment to innovation and growth in AI technology to drive productivity and campaign performance.
Scope AI Corp. (SCPE) introduces GEM, an AI-driven recognition technology, aiming to revolutionize Advertising and Gaming industries. GEM utilizes neural networks for user behavior analysis, personalized ad content, and customized gameplay. The platform offers advanced pattern recognition and data analysis capabilities. With performance and security upgrades, Scope is set to lead in data processing and storage, empowering businesses with innovative solutions.
Scope AI Corp. provides an update on its artificial intelligence-driven recognition technology, GEM, expanding its focus to develop a one-stop web solution for businesses to create custom image detection, behavior analysis, and neural network systems. The new GEM platform, set to launch in late May 2024, will offer businesses the ability to harness neural networks for their unique use cases, with initial target markets in advertising, gaming, and healthcare industries.
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