IDQ Europe Becomes Nutshell Quantum-Safe

IDQ Europe
IDQ Europe
Xpanse Xpanse

131Insider Brief

  • ID Quantique Europe GmbH (IDQ Europe) is now Nutshell Quantum-Safe GmbH.
  • The company was spun off from ID Quantique and is fully owned and controlled within the EU.
  • Critical Quote:  “QKD can and should soon yield value to  European citizens by protecting private, governmental, and commercial data. Nutshell Quantum-Safe  supports the European initiatives to accelerate the availability of advanced and high-value QKD  technologies.” — Florian Fröwis, CEO of Nutshell Quantum-Safe

PRESS RELEASE — ID Quantique Europe GmbH (IDQ Europe), a developer and provider of Quantum Key Distribution (QKD)  solutions in Vienna, Austria, is becoming Nutshell Quantum-Safe GmbH. Aiming at supplying QKD network  solutions to protect European data in transit, the company supports national and European QKD initiatives  and contributes to building a leading and sustainable quantum industry in the EU. 

QKD is a technology to permanently protect data in transit – even against attackers using the most powerful  quantum computers now and in the future. The European Commission and the Union’s member states have  recognized this potential and initiated programs, like the European Quantum Communication Infrastructure  (EuroQCI), to develop and deploy QKD networks for the future-proof protection of its critical infrastructure.  

Today, the EU needs a coordinated effort to develop, certify, deploy and accredit the necessary QKD  infrastructures throughout its 27 members. At the same time, it wants to avoid new dependencies from  companies and countries outside the EU. However, while some pioneering companies have developed QKD  in Europe, the EU-based QKD industry itself is today at an early stage, implying a risk that the joint goal may  not be reached in time. 

In 2021, the Swiss company ID Quantique, a world leader in QKD development and commercialization,  decided to spin off the Austrian company IDQ Europe to make its pioneering QKD technology available to the  European governmental market in a compliant way. Today, IDQ Europe is fully owned and controlled within  the EU. The independence from ID Quantique is now underlined with this new distinguishable branding. 

Responsive Image

Nutshell Quantum-Safe has set up its business in Vienna to support the EU’s cybersecurity agenda with  cutting-edge QKD technology. The company is a value-added reseller of QKD solutions from ID Quantique.  With its experienced team, Nutshell offers services like consulting, QKD network project implementation,  and technical customer support. The next step is to open an EU-based production of QKD equipment.  Furthermore, the company is actively pursuing R&D collaborations on QKD components, systems and  network integration with European partners. 

According to Dr. Florian Fröwis, CEO of Nutshell Quantum-Safe: “QKD can and should soon yield value to  European citizens by protecting private, governmental, and commercial data. Nutshell Quantum-Safe  supports the European initiatives to accelerate the availability of advanced and high-value QKD  technologies.” 

Nutshell meaning. The security of QKD is based on the fundamental laws of quantum mechanics. In QKD,  single photons are exchanged between distant users. The attempt to read the information carried by the  photons by an attacker will necessarily leave a trace that is detectable by the QKD devices. The nutshell  symbolizes the protection of the quantum information. Accessing the information is like cracking the nutshell  to grab the nut. It is impossible to get the nut without leaving a trace on the nutshell.  

To learn more, please visit www.nutshell-qs.com.  

For more market insights, check out our latest quantum computing news here.

Matt Swayne

With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. [email protected]

Share this article:

Keep track of everything going on in the Quantum Technology Market.

In one place.

Related Articles

Join Our Newsletter