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Scope Technologies Secures $1.5 Million for Quantum-Resistant App Development

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Scope Technologies Secures $1.5 Million for Quantum-Resistant App Development

An announcement from Scope Carbon Corp ( (TSE:SCPE) ) is now available.

Scope Technologies Corp announced a $1.5 million private placement financing, with $1 million invested by First Majestic Silver Corp. The funds will be used to repay a previous loan and accelerate the development of Scope’s QSE mobile app, a secure communication and file-sharing platform powered by quantum-resistant encryption technology. This development is expected to enhance Scope’s full-stack security offerings, making enterprise-grade quantum resilience accessible to a broader audience.

More about Scope Carbon Corp

Scope Technologies Corp, headquartered in Vancouver, British Columbia, is a pioneering technology company specializing in quantum security and machine learning. Through its flagship brands, QSE Group and GEM AI, Scope provides next-generation solutions in data security, quantum encryption, and neural networks, empowering businesses with secure, scalable technologies that drive growth and operational efficiency.

YTD Price Performance: -64.63%

Average Trading Volume: 355,189

Technical Sentiment Signal: Buy

Learn more about SCPE stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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