Q*Bird raises €2.5M for Quantum Security Product, Plans for Expansion

Q*Bird's Funding and Quantum Security Product

Key Highlights:

• Funding: Raised €2.5 million in funding led by QDNL Participations and Cottonwood Technology Fund, with participation from InnovationQuarter.
• Quantum Security Product: Developed Falqon, a quantum cryptography (QKD) product providing security against future quantum computer attacks.
• Large-Scale Trial: Currently involved in a trial of Falqon at the Port of Rotterdam, a significant hub in the European trade economy.

Q*Bird's Target Market

• Target Market: Organizations and industries requiring advanced communications security, particularly those concerned about future quantum computer attacks.
• Port and Trade Industries: Ports, logistics companies, and trade organizations seeking robust security solutions to protect sensitive data and communications.
• Network Service Providers: Companies providing network infrastructure and services, looking to enhance the security of their networks and offer quantum-resistant solutions to their customers.

What Q*Bird Needs to Buy

• Sales and Marketing Support: Assistance in scaling up sales efforts for Falqon and promoting their quantum security solutions to target markets.
• Research and Development: Resources for further product development in the quantum security space, including advancements in quantum cryptography.
• Partnerships and Collaborations: Collaborations with organizations and institutions involved in quantum research and development, as well as potential customers in the target industries.