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ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ

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ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ
News

News

ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ

2024-11-12 23:36 Last Updated At:23:40

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Nov 12, 2024--

The Advanced Technology Research Council’s commercialization arm, VentureOne, has launched QuantumGate, a new venture that offers a suite of advanced data security products to protect organizations’ data assets in the quantum era, at CyberQ in Abu Dhabi today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241112430830/en/

H.E. Faisal Al Bannai, the Secretary General of ATRC, said, “The quantum era isn’t a distant threat—it is here. The launch of QuantumGate is a pivotal step in safeguarding invaluable data assets against ever-increasing cybersecurity threats. QuantumGate’s sovereign solutions will ensure our country’s and our organizations’ sensitive information stays safe.”

“Cryptographic algorithms are used by virtually all organizations to encrypt and protect data,” said Dr. Najwa Aaraj, the CEO of the Technology Innovation Institute. “But advancements in quantum computing will render many of them obsolete in as little as five to 10 years. Even with current security measures, bad actors can collect and store organizational data to decrypt it later, when quantum computers are more widely available. This means the risk is imminent—organizational data is already at risk.”

QuantumGate’s data security products are based on proprietary technology from the Technology Innovation Institute that will allow organizations to protect their data assets against current and emerging threats while also ensuring compliance with upcoming cryptographic regulations. The product suite includes the following:

"With recent advancements in quantum computing, it is obvious to all security professionals that today's crypto solutions will be soon seriously challenged,” said Reda Nidhakou, the Acting CEO of VentureOne, QuantumGate’s parent company. “To prevent catastrophic losses, it’s critical for sensitive businesses to transition now to post-quantum security systems. Our mission is to make this process as seamless as possible through resilient, agile, state-of-the-art solutions.”

In addition to offering data security products, QuantumGate will offer advisory services to support organizations in their transition from classic to post-quantum cryptography, while ensuring minimal disruption to operations.

QuantumGate is the third venture launched by VentureOne. SteerAI, which develops autonomous mobility technology, launched in October 2024. AI71, which creates business solutions using the Falcon generative AI models, launched in 2023.

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Source:AETOSWire

ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ (Photo: AETOSWire)

ATRC’s VentureOne Launches QuantumGate to Secure Data for the Quantum Era at CyberQ (Photo: AETOSWire)

MALAGA, Spain (AP) — The first tie of the Billie Jean King Cup Finals between Spain and Poland was postponed on Wednesday because of a severe weather alert in the Malaga region.

Organizers said the “decision has been made based on guidance from the relevant authorities to ensure the health and safety of all participants and attendees.”

Matches are scheduled to take place at the indoor Palacio de Deportes Jose Maria Martin Carpena.

The first-round tie between Spain and Poland will now be played on Friday, when Germany will also face Britain. Two matches are scheduled for Thursday: Japan-Romania and Slovakia-United States.

Both the Billie Jean King Cup Finals and the Davis Cup Finals are taking place in the southern Spanish city, with the men's competition beginning next week, also at the Palacio de Deportes.

The women's event is taking place after a powerful storm caused flash floods that killed more than 200 people in the Valencia region, east of Malaga, about two weeks ago.

The International Tennis Federation recently announced a donation to the Spanish Red Cross to support relief and recovery efforts in the region, and Spanish player Paula Badosa said she will donate half of her prize money to help the victims.

AP tennis: https://apnews.com/hub/tennis

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A man walks in front a banner reading in Spanish: "Thank you Rafa" during the Billie Jean King Cup finals at the Martin Carpena sportshall in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A man walks in front a banner reading in Spanish: "Thank you Rafa" during the Billie Jean King Cup finals at the Martin Carpena sportshall in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

A general view of the Martin Carpena sportshall during the Billie Jean King Cup finals in Malaga, southern Spain, Wednesday, Nov. 13, 2024, after today's matches were canceled due to heavy rain and postponed until tomorrow. (AP Photo/Manu Fernandez)

FILE - A man walks through a street affected by floods in Valencia, Spain, Saturday, Nov. 2, 2024. (AP Photo/Manu Fernandez, File)

FILE - A man walks through a street affected by floods in Valencia, Spain, Saturday, Nov. 2, 2024. (AP Photo/Manu Fernandez, File)

FILE - U.S. tennis star Billie Jean King poses with Canada's team members as they celebrate after wining the Billie Jean King Cup finals in La Cartuja stadium in Seville, southern Spain, Spain, Sunday, Nov. 12, 2023. (AP Photo/Manu Fernandez, File)

FILE - U.S. tennis star Billie Jean King poses with Canada's team members as they celebrate after wining the Billie Jean King Cup finals in La Cartuja stadium in Seville, southern Spain, Spain, Sunday, Nov. 12, 2023. (AP Photo/Manu Fernandez, File)

FILE - Billie Jean King applauds next to trophy during the Billie Jean King Cup finals in La Cartuja stadium in Seville, southern Spain, Sunday, Nov. 12, 2023. (AP Photo/Manu Fernandez, File)

FILE - Billie Jean King applauds next to trophy during the Billie Jean King Cup finals in La Cartuja stadium in Seville, southern Spain, Sunday, Nov. 12, 2023. (AP Photo/Manu Fernandez, File)

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