SpeQtral raises $8.3M to develop quantum-secure communication systems

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SpeQtral announced that it has successfully closed a US$8.3 million financing led by Xora Innovation, an early-stage deep science investment platform of Temasek. With quantum cryptography fast becoming mainstream and the Quantum Key Distribution (QKD) market expected to be worth US$20 billion by 2035, this latest capital injection will allow SpeQtral to strengthen its position as a quantum-secure communications company. Specifically, the funds will be used to expand SpeQtral’s regional and international presence, establish strategic … More

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