Deal for quantum-secure edge processor
RED Semiconductor and Crypto Quantique have signed a deal to develop a processor with quantum-based security for edge computing.
The Memorandum of Understanding (MOU) will see IoT processors developed by RED Semiconductor using Crypto Quantique’s QDID technology to provide advanced identification and enhanced security at the edge.
The processors uses a vectorised Instruction Set Architecture (ISA) to deliver highly efficient processing of the algorithms and mathematical functions used in AI, autonomy and cryptography. Crypto Quantique’s QDID uses the quantum effects between transistors to create unique and unclonable identifiers at the chip level.
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The deal will see higher levels of application security by implementing the two technologies into a single edge processor where the computation of ciphers and verification of identity takes place in an inaccessible section of the chip from other applications, preventing critical data from being exposed. This combination of technologies will result in an IoT processor whose encrypted data is exceptionally difficult to hack.
“We are delighted to reach an agreement to collaborate with RED Semiconductor to create chips combining RED’s high performance, low power processor architecture and Crypto Quantique’s advanced security and identification capabilities. The resulting chips answer a significant need in the IoT market,” said Shahram Mossayebi, CEO of Crypto Quantique.
“For RED Semiconductor and Crypto Quantique to work together is an obvious step. Edge devices have two major pain points: a performance gap when it comes to applications like AI, and the need to protect information from now relentless hacking attempts. This is a timely agreement, and we are delighted to move forward with it,” said James Lewis, CEO of RED Semiconductor.
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CryptoQuantique has received a grant from the European Innovation Council (EIC) for Quantum secure cryptography to secure IoT devices in deep submicron nodes. The value of the grant was not disclosed.
The funding will be used to support the company’s development of a new generation of quantum secured IoT devices.
“We are delighted to have been selected for EIC funding,” said Mossayebi. “This funding will allow us to accelerate the development of our QDID IoT solution and bring the IP to the mass market. We believe that our technology has the potential to revolutionize the way that IoT devices are secured, and we are excited to have the opportunity to make a real difference in the way that IoT devices are built.”
“We are confident that this funding will help us to achieve our mission of making quantum-secured IoT a reality,” said Mossayebi. “We are grateful to the EIC for their support, and we look forward to working with them to make a positive impact on the global cybersecurity market.”
www.cryptoquantique.com/; www.redsemiconductor.com
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