Builds software and hardware tools for post-quantum cryptography, aiming to future-proof blockchains against quantum computer attacks. Think of it as quantum-proofing the internet's ledgers.
No revenue recorded in annual data through 2025; net losses of CAD 0.02B in 2023 and CAD 0.01B in 2024. Money currently flows out, not in, with no commercial product generating sales.
Early mover in a niche field, but the tech is unproven and open-source alternatives like IBM's Qiskit and well-funded startups (e.g., PQShield) are racing. No visible barrier—customers could switch to any credible post-quantum solution once standards mature.
Key events, in time order
Adds product security and trusted computing expertise to support QCIM system integration and commercial evaluation
Partnership targets financial, public-sector, and enterprise markets, expanding Asian footprint
QCIM chip design passed first validation; test chips ship to customers by year-end
Test chips ship by year-end, marking a new product milestone
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