QuantLR Announces Major Breakthrough in Low-Cost, Ultimately Secure Quantum Key Distribution

(PRNewswire) QuantLR, a Quantum encryption company, has announced technology that now enables worldwide deployment of low cost, ultimately secure quantum key distribution (QKD) solutions. The core of this breakthrough is a patented cutting-edge technology that allows the deployment of Quantum Key Distribution at a fraction of the current cost.
QuantLR successfully deployed a POC showing that QKD is ready for mass deployment at a cost reduction of 90% over all previously deployed solutions.
Yanir Farber QuantLR’s co-founder and CEO explained,”It is widely accepted that the safest solution for the future is QKD, and the major reason QKD has not been deployed widely has been cost. Our successful POC now removes the main constraint restricting the deployment of QKD and opens the door for the long overdue worldwide deployment of this ultimately secure technology. Due to our breakthrough now everyone’s data will be safe,” said Farber.
“Utilizing existing, readily available low-cost hardware components, combined with our innovative firmware and software design, allowed our quantum communication experts team to build and test a platform that produces the same level of ultimately secure QKD at a faction of the cost,” said Professor Hagai Eisenberg from the Hebrew University of Jerusalem, QuantLR co-founder and its Chief Scientist, and a world renown expert in quantum communication.