The “harvest now, decrypt later” tactic poses a risk, as malicious actors can steal encrypted information. As soon as quantum computer systems mature, they may have the ability to break the encryption defending immediately’s delicate info. In response to this, LuxQuanta has developed NOVA LQ®, an progressive quantum-safe encryption system based mostly on Steady-Variable Quantum Key Distribution (CV-QKD) expertise.
At the moment, the startup closed an €8 million Collection A funding spherical led by Massive Sur Ventures, with help from A&G and participation from GMV, Wayra, EIC Fund, Corning, and GTD.
With the brand new funds, LuxQuanta will speed up manufacturing, deepen its R&D in built-in photonics, and scale its worldwide business operations.
Based in 2021 as a spin-off from ICFO, LuxQuanta’s mission is to democratise quantum safety by making it accessible and scalable worldwide. Co-founders Dr. Sebastian Etcheverry and Dr. Saeed Ghasemi, with their deep experience in quantum photonics, leveraged their data to develop a sturdy, validated safety protocol immune to collective assaults below finite-size situations.
NOVA LQ® is designed as a compact, 2U rack unit, suitable with dense wavelength division multiplexing (DWDM), and interoperable with main Key Administration Techniques (KMS) and encryptors. The expertise’s plug-and-play nature permits straightforward integration alongside classical information on current optical fibre infrastructure, eradicating the necessity for devoted darkish fibres, vastly lowering operational and deployment prices.
The system helps point-to-point and point-to-multi-point configurations with multi-receiver scalability, supporting excessive secret key charges of over 100 kbps at 4 dB loss and operational distances as much as 100 km (20 dB loss), making it appropriate for telecoms, governments, information centres, and important infrastructure globally.
Not like conventional quantum encryption strategies provided by rivals corresponding to ID Quantique and Quantum Xchange, that are pricey and sophisticated, NOVA LQ® integrates seamlessly into current fibre optic networks, providing a scalable, cost-efficient resolution that reduces deployment prices by half.
Trying forward, LuxQuanta plans to broaden its international attain, enter new markets, and proceed advancing its core applied sciences to make sure the resilience and safety of communication networks as quantum computing threatens classical cryptographic strategies.
