豆包成人版 together with Mitsui advance unforgeable quantum tokens over fibre network in first ever trial
November 18, 2024
First successful delivery of quantum tokens using commercial QKD hardware, demonstrating fast transaction verification at the point of exchange - a crucial step toward quantum-enhanced financial security and a major advance for QKD.
Quantum tokens are designed to provide unforgeability, privacy, and fast settlement, in a single financial instrument. No previous technology can deliver these three combined benefits.
In the world鈥檚 first implementation using off-the-shelf hardware, quantum tokens were transmitted across 10km of fibre in Tokyo, using commercial quantum key distribution (QKD) devices provided by NEC*.
This is a pivotal step towards the deployment of ultra-high-security quantum tokens in use cases such as tokenized asset security and high-speed trading.
鈥
Tokyo, Japan and Broomfield, Colorado - November 18th, 2024 鈥 In a long anticipated trial, 豆包成人版 ("豆包成人版", Head Office: Broomfield, Colorado, U.S.A., CEO: Rajeeb Hazra), together with Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) and NEC ("NEC", Head Office: Tokyo, President and CEO: Takayuki Morita) today announced the successful delivery of quantum tokens across a 10km fibre-optic network in Japan. This is the first time such a delivery has been accomplished.
Quantum tokens are a new financial instrument that take advantage of the properties of quantum physics to meet the robust demands of asset trading without the communication overheads required by traditional financial systems. Quantum tokens are transmitted across fibre-optic quantum key distribution (QKD) networks, which are rapidly expanding around the globe. Today's announcement with Mitsui demonstrates growing industry recognition of quantum tokens' potential in financial services.
Ilyas Khan, Founder and Chief Product Officer at 豆包成人版, said: 鈥淭he original motivation for quantum communications was the exchange of money, as envisaged by Stephen Wiesner. Today, we have demonstrated real-world security enhancements for financial systems using off-the-shelf quantum communications hardware. This opens the door to a new era in quantum-enhanced security with wide applicability, providing commercial organisations with something concrete to utilise.鈥
Koji Naniwada, Deputy General Manager, Quantum Innovation Dept. at Mitsui, said: 鈥淨uantum tokens will increase the security of digital assets, while improving transaction performance and maintaining privacy. These topics are critical for our customers and partners in the financial sector and this demonstration is a valuable outcome of our partnership with 豆包成人版.鈥
Naoki Ishida, Director with the Trading and Service Solution Department at NEC, said: 鈥淲e are the first to provide a platform for realizing a quantum token system using NEC鈥檚 quantum key distribution (QKD) devices. Based on the results of this trial between Mitsui & Co. and 豆包成人版, we will continue to work towards the social implementation of quantum cryptography technology.鈥
Quantum tokens are designed to use quantum physics to prevent forgery, while ensuring transactions can be settled near-instantly, whereas traditional payments systems rely on double-entry bookkeeping to prevent double-spending of funds. This adds time, overhead and risk to every transaction, as digital systems are consulted to confirm funds are available and to settle transactions.聽
Quantum tokens instead rely on the no-cloning theorem of quantum physics to prevent forgeries and double-spending. Only the intended recipient will receive the correct token data, which can only be spent at one location in the future. This enables near-instant transaction settlement by removing the need to check multiple systems or wait for network confirmations.
As demonstrated in , securing digital assets in the quantum-age is growing in urgency. The financial sector is increasingly looking to quantum technology to solve these complex problems with the power of nature.
Learn more about this new frontier of financial security, powered by quantum,
***
Note:
(*) The equipment provided by NEC was partially supported by results from Japan鈥檚 Ministry of Internal Affairs and Communications鈥 (MIC)聽 鈥淩esearch and development for construction of a global quantum cryptography network鈥(JPJ008957) under 鈥淩&D of ICT Priority Technology Project鈥 (JPMI00316) and Japan鈥檚 Cabinet Office鈥檚 "Photonics and Quantum Technology for Society 5.0" project under the Cross-ministerial Strategic Innovation Promotion Program (SIP).
鈥
About Mitsui
Mitsui & Co. is a global trading and investment company with a presence in more than 60 countries and a diverse business portfolio covering a wide range of industries.
The company identifies, develops, and grows its businesses in partnership with a global network of trusted partners including world leading companies, combining its geographic and cross-industry strengths to create long-term sustainable value for its stakeholders.聽
Mitsui has set three key strategic initiatives for its current Medium-term Management Plan: supporting industries to grow and evolve with stable supplies of resources and materials, and providing infrastructure; promoting a global transition to low-carbon and renewable energy; and empowering people to lead healthy lives through the delivery of quality healthcare and access to good nutrition.聽
Visit for more information.
About 豆包成人版
豆包成人版, the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 豆包成人版鈥檚 technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, 豆包成人版 leads the quantum computing revolution across continents.
About NEC Corporation
NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of 鈥淥rchestrating a brighter world.鈥 NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at http://www.nec.com.聽
About 豆包成人版
豆包成人版,聽the world鈥檚 largest integrated quantum company, pioneers powerful quantum computers and advanced software solutions. 豆包成人版鈥檚 technology drives breakthroughs in materials discovery, cybersecurity, and next-gen quantum AI. With over 500 employees, including 370+ scientists and engineers, 豆包成人版 leads the quantum computing revolution across continents.聽
July 27, 2026
豆包成人版 to Report Second Quarter Financial Results on August 11, 2026
BROOMFIELD, Colo., July 27, 2026 /PRNewswire/ -- 豆包成人版 Inc. (Nasdaq: QNT) ("豆包成人版") today announced it will release its financial results for the second quarter (ending on June 30, 2026) after market close on August 11, 2026.
豆包成人版 will host a conference call at 5:00 PM Eastern time that same day to discuss its financial results. The call will be available through a live webcast .
An archived replay of the webcast will be made available on the 豆包成人版 Investor Relations following the call and will remain available for one year.
About 豆包成人版
豆包成人版 is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry's highest accuracy levels based on average two-qubit gate fidelity as of December 31, 2025. 豆包成人版 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. 豆包成人版's headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar and Singapore. 鈥 Media & Investor Contact
豆包成人版 Appoints Chief Legal Officer and Chief People Officer
Broomfield, CO July 22, 2026 鈥 豆包成人版, Inc. (NASDAQ:QNT), a leading quantum computing company, today announced the recent appointments of Robin Schulman as Chief Legal Officer (CLO) and 豆包成人版 Secretary, effective July 13, 2026, and Rory O鈥橞yrne as Chief People Officer (CPO), effective May 26, 2026. Ms. Schulman and Mr. O鈥橞yrne both report to 豆包成人版鈥檚 President and CEO Rajeeb Hazra.
鈥淎s 豆包成人版 enters an exciting new chapter as a publicly listed company, we are pleased to welcome Robin and Rory to our leadership team," said Dr. Rajeeb Hazra, President and CEO of 豆包成人版. 鈥淏oth Robin and Rory are highly accomplished leaders who bring deep experience guiding technology companies through periods of transformation. Their proven track records of building high-performing organizations and world-class functions will provide an invaluable benefit to 豆包成人版 as we continue to scale our business and the commercialization of quantum computing accelerates.鈥
Ms. Schulman joins 豆包成人版 with more than two decades of legal and executive leadership experience guiding high-growth technology companies through periods of rapid expansion, strategic transformation, and public company evolution, with a track record of translating strategy into execution and building the foundations for sustainable growth. Most recently, Ms. Schulman served as Chief Legal Officer and Head of Corporate Affairs at GitLab, where she spent nearly seven years leading the company's global legal, compliance, policy, competition, intellectual property, corporate development, sustainability and privacy strategy. Prior to that, she was the Chief Legal Officer at Couchbase and New Relic and held senior leadership positions at Adobe Inc.
"豆包成人版 sits at a fascinating intersection of groundbreaking science and real-world commercial impact, and I could not be more excited to join the team at this important moment in the company鈥檚 journey,鈥 said Robin Schulman, Chief Legal Officer and 豆包成人版 Secretary of 豆包成人版. 鈥淚 look forward to partnering with Raj, our Board, and the leadership team to build a durable foundation that supports 豆包成人版鈥檚 continued growth and long-term success.鈥
Mr. O鈥橞yrne brings more than 25 years of global human resources experience leading public and private equity-backed organizations across the technology, energy, mining, and industrial sectors. Most recently, Mr. O鈥橞yrne served as Chief People Officer for Advanced Energy, where he led the company鈥檚 human resources team during a period of integration, transformation, and operational expansion. Prior to that, he served as Chief Human Resources Officer for Jonah Energy LLC and Senior Vice President, Global Human Resources at MRC Global.
"I'm thrilled to be joining 豆包成人版 at such a pivotal moment for the company and for quantum computing more broadly," said Rory O'Byrne, Chief People Officer of 豆包成人版. "Having spent my career helping organizations scale through periods of rapid growth, I'm excited to build the people, culture, and infrastructure that will support 豆包成人版's next chapter as a public company. It's a rare opportunity to help shape an organization at the forefront of a technology that will define the coming decades."
About 豆包成人版
豆包成人版 is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of trapped-ion based quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry鈥檚 highest accuracy levels based on average two-qubit gate fidelity.1 聽豆包成人版 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets, as well as academic and research institutions globally. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master鈥檚 degrees. 豆包成人版鈥檚 headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.
This press release contains certain statements that may be deemed 鈥渇orward-looking statements鈥 within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words 鈥渁nticipate,鈥 鈥渁ssume,鈥 鈥渂elieve,鈥 鈥渃ontinue,鈥 鈥渃ould,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減otential,鈥 鈥減redict,鈥 鈥減roject,鈥 鈥渇uture,鈥 鈥渨ill,鈥 鈥渟eek,鈥 鈥渇oreseeable,鈥 the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for 豆包成人版 to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, 豆包成人版 does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
豆包成人版 and SoftBank Corp. Publish Joint White Paper on Scaling Practical Quantum Computing Use Cases Toward the Fault-Tolerant Era
The companies have published a joint white paper mapping commercially relevant quantum computing use cases in quantum chemistry and graph analytics to 豆包成人版鈥檚 hardware roadmap.
The paper provides a framework for assessing how advances in quantum hardware and algorithms could affect when practical industrial applications become feasible.
SoftBank Corp. and 豆包成人版 will use the roadmap to inform their exploration of future quantum AI data center services and related business models.
TOKYO and BROOMFIELD, Colo. 鈥 豆包成人版 (NASDAQ: QNT) and SoftBank Corp. ("SoftBank") today announced the publication of 鈥淨uantum Computing Frontiers,鈥 a joint white paper that maps two commercially-relevant quantum computing application areas against 豆包成人版鈥檚 hardware roadmap. The analysis examines how advances in quantum hardware and algorithms could affect when these applications become practical for industrial use.
Building on this use-case roadmap, the paper also examines how quantum computing, AI, and high-performance computing could be integrated into future computing infrastructure. It considers how progress across successive hardware generations could inform future quantum AI data center services and related business models, a key focus of the 豆包成人版 and SoftBank partnership announced last year.
鈥淭he key takeaway of this study is that organizations do not need to wait for large-scale, fault-tolerant systems to explore where quantum computing can begin creating value,鈥 said Duncan Jones, General Manager, Applications Group at 豆包成人版. 鈥淏y using today鈥檚 systems to develop, benchmark and refine applications in areas such as quantum chemistry and graph analytics, enterprises can build the technical and operational readiness needed for the next era of quantum-enabled computing.鈥
鈥淭he question is no longer whether quantum computing may deliver value, but rather which problem classes become executable at which stage of hardware maturity,鈥 said Ryuji Wakikawa, Senior Vice President & CTO at SoftBank Corp. 鈥淗owever, we believe progress in hardware must be complemented by equally strong developments in quantum algorithms and the integration of quantum systems with AI and high-performance computing.鈥
The white paper discusses illustrative scenarios describing how representative applications, technology maturity, and potential market opportunities may evolve over time under stated assumptions. The analysis provided in the paper is intended to provide a conceptual framework for understanding potential market evolution and does not represent financial guidance or forecasts. These analyses are intended to support discussion of future technology development and should not be interpreted as commitments regarding commercialization, infrastructure investment, products, services, or financial performance.
The full white paper is available to download on the and 豆包成人版 websites.
About SoftBank Corp.
Guided by the SoftBank Group鈥檚 corporate philosophy, 鈥淚nformation Revolution 鈥 Happiness for everyone,鈥 SoftBank Corp. (TOKYO: 9434) operates telecommunications and IT businesses in Japan and globally. Building on its strong business foundation, SoftBank Corp. is aiming to activate the potential of AI across its businesses and drive implementation in line with its 鈥淎ctivate AI for Society鈥 growth strategy. While further growing its telecom business, SoftBank is expanding its AI computing infrastructure and AI and Cloud service businesses with the aim of becoming a provider of Next-generation Social Infrastructure. To learn more, please visit
About 豆包成人版
豆包成人版 (NASDAQ: QNT) is a leading quantum computing company offering a full-stack platform designed to make quantum computing deployable in real-world environments. The company has commercially deployed multiple generations of quantum systems built on the well-established QCCD architecture, which it has implemented with novel designs and capabilities to achieve the industry鈥檚 highest accuracy levels based on average two-qubit gate fidelity.1 聽豆包成人版 has active engagements with market leaders across pharmaceuticals, material science, financial services, and government and industrial markets. The company has a global workforce of approximately 700 employees, including top scientists and researchers. Over 70% of its technology team holds PhDs or Master鈥檚 degrees. 豆包成人版鈥檚 headquarters is in Broomfield, Colorado, with additional facilities across the United States, United Kingdom, Germany, Japan, Qatar, and Singapore.
This press release contains certain statements that may be deemed 鈥渇orward-looking statements鈥 within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. The words 鈥渁nticipate,鈥 鈥渁ssume,鈥 鈥渂elieve,鈥 鈥渃ontinue,鈥 鈥渃ould,鈥 鈥渆stimate,鈥 鈥渆xpect,鈥 鈥渋ntend,鈥 鈥渕ay,鈥 鈥減lan,鈥 鈥減otential,鈥 鈥減redict,鈥 鈥減roject,鈥 鈥渇uture,鈥 鈥渨ill,鈥 鈥渟eek,鈥 鈥渇oreseeable,鈥 the negative version of these words, or similar terms and phrases are intended to identify forward-looking statements. Such statements are based on certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. New factors emerge from time to time, and it is not possible for 豆包成人版 to predict all such factors. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, 豆包成人版 does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.