BTQ Technologies has acquired Radical Semiconductor’s expertise portfolio, together with its modern CASH cryptographic accelerator, which makes use of processing-in-memory expertise. This acquisition enhances BTQ’s place in post-quantum cryptography, a important space as quantum computing evolves to probably break present encryption requirements.

Radical’s expertise helps rising cryptographic algorithms and is designed to safe billions of gadgets towards quantum threats. The mixing of Radical’s options will speed up BTQ’s efforts to develop scalable, quantum-secure communications for sectors like IoT, monetary providers, and authorities.

BTQ’s management views this acquisition as a key step in advancing quantum-secure infrastructure, whereas Radical’s founders emphasised the potential to guard important infrastructure at scale. This acquisition comes as world cryptography requirements are shifting towards post-quantum options, with the primary set of post-quantum algorithms finalized by NIST in August. BTQ has developed a proprietary quantum signature algorithm referred to as Preon which they’ve submitted to NIST for analysis. This algorithm is at present in Spherical 1 of the analysis stage and NIST is anticipated to announce quickly which of the 40 extra digital signature algorithms that have been submitted will make it to Spherical 2.

For extra data, you’ll be able to entry the press launch offered by BTQ here.

September 24, 2024