MagiQ Sends Quantum Crypto 75km

NEW YORK and GLASGOW -- MagiQ Technologies, Inc., the quantum information processing (QIP) company, demonstrated its recently-upgraded quantum cryptography system, the QPN 5505, at The Seventh International Conference on Quantum Communication, Measurement and Computing this week. Additionally, Alexei Trifonov, MagiQ's chief scientist, will announce that the Company has further extended the practical limits of quantum key distribution (QKD) by successfully completing a test of its 75km secure link using a single photon source, a significant technological accomplishment and an industry record. MagiQ plans to demonstrate a 100km distance later this year. Single photon sources are an important component in the next generation of one-way quantum cryptography systems that MagiQ is working on.

"We're here in Scotland to talk about what we've accomplished over the last five years, to find collaborators, and perhaps most important, to explore what lies ahead for quantum information processing," said Bob Gelfond, CEO of MagiQ Technologies. "Sharing our long-term corporate strategy with other leaders in this space will help us learn from one another and advance the industry as a whole. Today at MagiQ, we make unbreakable encryption possible through the magic of quantum physics. Tomorrow the possibilities will take us much further, with technologies that have applications beyond security to generalized communications, metrology and computing. These technologies will include small qubit processors and ultimately full-scale quantum computing."

MagiQ Technologies Inc.