What Changed
- Quantum eMotion to Acquire Plurilock, Expanding Commercial Quantum and AI Cybersecurity Platform
- A cash-and-stock deal awaits approvals as Quantum eMotion (QNC) agrees to acquire Plurilock.
- Plurilock Security Inc., Files Management Information Circular for Its Special Meeting of Shareholders in Connection with the Proposed Plan of Arrangement with Quantum eMotion Corp.
Price Move History
- Daily moves over 5%
- 61 169 sessions, February 24, 2026 to October 23, 2026
- Largest daily move
- -20.5% close of September 29, 2026
- 1-month change
- -47.8% closing prices, September 23, 2026 to October 23, 2026
Company Description
Quantum eMotion Corp. Overview
Quantum eMotion Corp. is a quantum cybersecurity company that develops quantum-based cryptographic solutions and commercializes cybersecurity intellectual property. The company focuses on cryptography, quantum random number generation, post-quantum cryptography, and runtime protection technologies for connected devices, enterprise systems, embedded environments, and security-sensitive infrastructure.
Quantum eMotion trades under the symbol QNC on NYSE American and the TSX Venture Exchange, and under 34Q0 on the Frankfurt Stock Exchange. The company is headquartered in Montreal, Quebec. It was incorporated under the Business Corporations Act of Ontario in 2007 and later continued under the Canada Business Corporations Act.
The company describes its core business as the development of a new generation of quantum-based cryptographic solutions through intellectual property development and commercialization of cybersecurity solutions. Its technology work centers on using quantum mechanics to produce high-quality randomness for cryptographic systems. That randomness can support key generation, secure communications, cryptographic modules, and security controls in software and hardware environments.
Core Technology Focus
Quantum eMotion's platform is built around quantum entropy and cryptographic enforcement. The company has described its quantum entropy as being generated by proprietary QRNG technology that harnesses inherently unpredictable quantum processes to produce high-quality randomness. This matters because randomness is a basic input in cryptography: weak or predictable entropy can weaken keys and other security controls.
The company's disclosed technologies include both software and hardware components. Its hardware work includes eCore-Q, described as an electron-based QRNG that provides high-speed entropy for cryptographic, AI, and IoT systems. Its software offerings include Sentry-Q, eFlux-Q, eCrypto-Q, and eHot-Q, each tied to cryptographic security use cases identified by the company.
- Sentry-Q is described in company materials as an orchestration layer that generates QRNG-based entropy and master keys, supports secure point-to-point encrypted communication, and defines authentication, key rotation, post-quantum cryptography, hybrid cipher suites, and revocation policies.
- eFlux-Q is described as a cloud-based entropy distribution system for cryptographic systems and key generation.
- eCrypto-Q is described as a developer toolkit that combines electron-based QRNG and post-quantum cryptography.
- eHot-Q is described as a quantum-safe hot wallet SDK for digital asset protection.
- eShield-Q has been described by the company as a runtime cybersecurity platform.
- eCore-Q is described as an electron-based QRNG hardware solution for high-speed entropy.
SecureKey and SKV
Quantum eMotion has also expanded its cryptographic software capabilities through SKV, a California-based entity that holds legal title to the SecureKey™ technology. SecureKey is described as a cryptographic software solution and as a high-assurance cryptographic software platform engineered to deliver hardware-grade security protections across cloud, network, and embedded environments.
Company disclosures describe SecureKey as software-based and hardware-anchored enforcement. SecureKey is intended to implement and accelerate Sentry-Q secure channels directly on devices and protect keys through hardened software controls integrated with hardware boundaries. Quantum eMotion has also described the Quantum eMotion SecureKey Cryptographic Module as a trust root for enterprise data protection.
This combination gives the company a disclosed architecture that begins with quantum-grade entropy and extends into cryptographic policy, secure communication, runtime protection, and software-based enforcement. In the company's own technical framing, Sentry-Q helps define and orchestrate cryptographic policy, while SecureKey helps apply protections in device and software environments.
Markets and Use Cases Identified by the Company
Quantum eMotion has stated that it aims to address demand for affordable hardware and software security for connected devices. The company has identified several target areas for its cryptographic and cybersecurity technologies, including financial services, healthcare, blockchain applications, cloud-based IT security infrastructure, classified government networks and communication systems, secure device keying, automotive, consumer electronics, and quantum cryptography.
The company has also referenced applications in AI systems, critical infrastructure, sovereign digital ecosystems, energy storage, healthcare, defense, financial services, and government applications. These references are tied to its disclosed work in quantum entropy, post-quantum cryptography, runtime cryptographic protection, secure semiconductor initiatives, and integrations with infrastructure partners.
In blockchain-related use cases, Quantum eMotion has discussed quantum-safe hot wallet software through eHot-Q and a strategic relationship tied to Qastle, described by the company as a quantum-secure hot wallet. In infrastructure use cases, company releases have discussed applying its quantum cybersecurity technology to GPU clusters, edge data center deployments, and energy storage systems. These examples show how the company positions its cryptographic tools as security layers for systems that hold, move, or process sensitive digital assets and data.
Subsidiaries and Corporate Structure
Quantum eMotion has reported two wholly owned subsidiaries: Quantum eHealth Technologies Inc. and Quantum eMotion America Inc. Quantum eMotion America Inc. is based in Irvine, California. The company has also disclosed SKV in connection with the SecureKey technology, with SKV holding legal title to that cryptographic software solution.
The company files reports as a foreign issuer and has furnished management discussion and analysis, interim financial statements, officer certifications, news releases, material change information, governance updates, shareholder voting results, and other current reports. These filings document both the company's operating focus and its public-market reporting obligations.
Regulatory and Validation Context
Quantum eMotion has reported work connected to cryptographic validation. Company releases have discussed the eCore-Q PCIe Quantum Entropy Module in connection with NIST SP 800-90B entropy-source validation materials, and have also discussed the Quantum eMotion SecureKey Cryptographic Module entering the NIST Cryptographic Module Validation Program process as an Implementation Under Test.
These validation efforts are important to understand because cryptographic products used in regulated or security-sensitive settings often need documented testing, review, and certification paths. Quantum eMotion's disclosures connect its QRNG entropy source, SecureKey module, and broader cryptographic architecture to validation work under recognized cryptographic standards processes.
Why QNC Stock Is Followed
QNC stock is followed by investors who track small public technology companies working in quantum cybersecurity, cryptographic software, entropy generation, and post-quantum security. The company is not a broad enterprise software issuer; its disclosed focus is narrower and more technical, centered on quantum-based randomness, cryptographic modules, secure communications, and protection for connected systems.
Key topics for Quantum eMotion investors include product commercialization, cryptographic validation progress, integration of SecureKey technology, use of QRNG-based entropy in software and hardware settings, partnerships tied to infrastructure deployments, and regulatory filings that show operating results, governance matters, capital structure changes, and shareholder approvals.
Stock Performance
Quantum eMotion (QNC) closed at $1.06 on October 23, 2026. Over the past month, the price has lost 47.8%.
QNC Metrics & Rankings
Price returns through October 23, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.
Latest News
Quantum eMotion has 10 recent news articles, with the latest published 3 days ago. Of the recent coverage, 4 articles coincided with positive price movement and 5 with negative movement. Key topics include management, acquisition, AI, partnership. View all QNC news →
SEC Filings
Quantum eMotion has filed 10 recent SEC filings, including 8 Form 6-K, 1 Form SCHEDULE 13G/A, 1 Form SCHEDULE 13G. The most recent filing was submitted on October 13, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all QNC SEC filings →
Financial Highlights
net income was -$7.7M. Diluted earnings per share stood at $0.04. The company generated -$3.0M in operating cash flow. The current ratio was 59.83, measuring current assets divided by current liabilities.
Upcoming Events
Acquisition closing
CEO options vesting (1/4)
Product-launch deadline
First 25% vesting
Consortium project end
CEO options vesting (2/4)
24-month performance review
Second 25% vesting
CEO options vesting (3/4)
Third 25% vesting
Quantum eMotion has 15 upcoming scheduled events. The next event, "Acquisition closing", is scheduled for November 21, 2026 (in 28 days). 6 of them are financing or capital events, such as a dividend or a debt maturity. Investors can track these dates to stay informed about potential catalysts that may affect the QNC stock price.
Short Interest History
Short interest in Quantum eMotion (QNC) currently stands at 9.2 million shares, up 8.5% from the previous reporting period, representing 4.3% of the float. Since February 2026, short interest has increased by 69.8%.
Days to Cover History
Days to cover for Quantum eMotion (QNC) currently stands at 5.7 days, down 14% from the previous period. The ratio is the reported short interest divided by the average daily trading volume. Across the settlements charted above, it has ranged from 1.2 to 16.9 days.
QNC Company Profile & Sector Positioning
Quantum eMotion (QNC) operates in the Software - Infrastructure industry within the broader Technology sector and is listed on the NYSE.