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Quantum eMotion Secures $1M Licensing Deal with Quantolio for Quantum AI Advancement

Story Highlights
  • Quantum eMotion partners with Quantolio to integrate quantum technology into financial platforms.
  • The $1M licensing deal enhances financial security and positions companies as industry innovators.
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Quantum eMotion Secures $1M Licensing Deal with Quantolio for Quantum AI Advancement

Quantum Numbers ( (TSE:QNC) ) has issued an update.

Quantum eMotion Corp. has entered into a non-exclusive licensing agreement with Quantolio, providing its Entropy-as-a-Service technology to support advancements in financial technology and Quantum AI. This partnership, which brings $1 million in annual licensing fees, is set to enhance security and performance in financial computations through the integration of high-entropy quantum randomness. The collaboration underscores the increasing demand for quantum-enhanced financial solutions, positioning both companies at the forefront of innovation in the financial sector.

More about Quantum Numbers

Quantum eMotion Corp. is a pioneering company in classical and quantum cybersecurity solutions, known for its patented Quantum Random Number Generator. The company focuses on providing enhanced security for high-value assets and critical systems, targeting markets like Financial Services, Healthcare, Blockchain Applications, and more.

YTD Price Performance: -69.83%

Average Trading Volume: 3,015,722

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $61.92M

For a thorough assessment of QNC stock, go to TipRanks’ Stock Analysis page.

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