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The latest announcement is out from Quantum Numbers ( (TSE:QNC) ).
Quantum eMotion Corp. and Jmem Technology Co., Ltd. have announced a strategic alliance to develop the first-ever full-stack quantum-resilient System-on-Chip (SoC). This collaboration integrates Quantum eMotion’s Quantum Random Number Generator, Jmem’s Physical Unclonable Function, and NIST-aligned Post-Quantum Cryptography into a single chip, providing a new benchmark for hardware security. The device addresses the urgent need for quantum-safe security across critical sectors, offering a practical and scalable solution that is expected to capture a significant share of a rapidly growing market.
Spark’s Take on TSE:QNC Stock
According to Spark, TipRanks’ AI Analyst, TSE:QNC is a Neutral.
Quantum Numbers’ overall score is influenced by its financial challenges, including no revenue and consistent losses, which weigh heavily on its potential. However, technical analysis indicates positive stock momentum, while the recent corporate event announces a promising product that could transform the company’s revenue prospects. The lack of traditional valuation metrics underscores the speculative nature of the stock.
To see Spark’s full report on TSE:QNC stock, click here.
More about Quantum Numbers
Quantum eMotion Corp. is a Canadian company specializing in quantum-based cybersecurity solutions, while Jmem Technology Co., Ltd. is a Taiwanese company focused on hardware security solutions that integrate Physical Unclonable Function with post-quantum cryptography.
YTD Price Performance: -15.73%
Average Trading Volume: 1,028,014
Technical Sentiment Signal: Buy
Current Market Cap: C$303.9M
For an in-depth examination of QNC stock, go to TipRanks’ Overview page.