22:44:06 EDT Fri 22 May 2026
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Quantum Secure Encryption Corp
Symbol QSE
Shares Issued 68,186,112
Close 2026-05-21 C$ 0.36
Market Cap C$ 24,547,000
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Quantum Secure talks up quantum computing work

2026-05-22 14:24 ET - News Release

Mr. Ted Carefoot reports

QUANTUM SECURE ENCRYPTION HIGHLIGHTS POST-QUANTUM CYBERSECURITY URGENCY FOLLOWING U.S. QUANTUM COMPUTING INVESTMENT

Quantum Secure Encryption Corp. has commented on recent media reports that the U.S. Department of Commerce has entered into nine letters of intent to provide approximately $2-billion (U.S.) to support the U.S. quantum computing sector.

The reported investment underscores the growing strategic importance of quantum computing to national security, technological leadership and critical infrastructure. For Quantum Secure Encryption, it also reinforces the urgency for governments, enterprises and regulated industries to begin preparing for the cybersecurity implications of a postquantum environment.

"Government investment at this scale sends a clear message: Quantum computing is moving from research into national technology strategy," said Ted Carefoot, chief executive officer of Quantum Secure Encryption. "That progress is exciting, but it also accelerates the need for organizations to understand and address their postquantum cybersecurity exposure. Sensitive data encrypted today may need to remain confidential for years or decades, which is why preparation cannot wait."

Quantum Secure Encryption's platform is designed to help organizations assess, protect and manage sensitive data in a postquantum environment. The company's solutions include quantum-secure entropy, encrypted storage, secure data-in-transit capabilities and quantum-resilience services designed to strengthen existing security infrastructure without requiring a disruptive rip-and-replace process.

Quantum Secure Encryption has moved beyond product development and is now commercially deploying its postquantum cybersecurity platform. The company's solutions are designed to help organizations assess risk, strengthen data protection and prepare for quantum-related cybersecurity threats through practical, scalable tools that can be integrated into existing enterprise, government and regulated-industry environments. QSE has also continued to strengthen its certification, compliance and partner ecosystem, supporting its ability to pursue enterprise, public-sector and regulated-industry opportunities across North America and international markets.

"Quantum computing investment and postquantum cybersecurity readiness are two sides of the same transformation," added Mr. Carefoot. "As governments accelerate investment in quantum capability, organizations must also accelerate planning for quantum-resilient security. QSE was built to support that transition with practical, deployable solutions that can be integrated into existing environments."

Quantum Secure Encryption believes the reported U.S. investment further validates the growing importance of quantum technologies and the need for organizations to evaluate their readiness for a postquantum security environment.

About Quantum Secure Encryption Corp.

Quantum Secure Encryption is a Canadian technology company specializing in postquantum data security, encryption and secure data infrastructure. Built around quantum-delivered entropy and zero-knowledge architecture, Quantum Secure Encryption's solutions help protect sensitive data from current cyber threats and future quantum-enabled attacks. Quantum Secure Encryption serves organizations across commercial, enterprise and public-sector environments requiring long-term data confidentiality and resilience.

We seek Safe Harbor.

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