CANBERRA, Australia–(BUSINESS WIRE)–QuintessenceLabs, the leader in quantum-enhanced cybersecurity
technology, announced that it has won in the UK Department for
International Trade (DIT)’s Tech Rocketship Awards, out of nearly 200
entries. Tech Rocketship helps many “scale-up” technology companies from
outside the UK expand their business to Britain and Northern Ireland,
and the program’s 2018-2019 year was the first time it opened
submissions to companies in Australia and New Zealand, rewarding great
technology-led solutions from companies ready to go global.
QuintessenceLabs was the winner in the category of Digital Economy &
Tech Rocketship assists ambitious businesses by lending award recipients
vital exposure and connections to invaluable networks, with a tailored
program of events and meetings on top of administrative support in
establishing a UK presence. To date, the program has helped around 40
companies in their scale-up process.
“QuintessenceLabs sees the UK as an essential market for our quantum
cybersecurity capabilities,” said Jane Melia, VP of Strategic Business
Development at QuintessenceLabs. “We have started to test the waters and
have been impressed by the potential. Having the support of the UK
Department for International Trade will significantly enhance our
chances of success and help us really hit the ground running.”
Today’s announcement coincides with QuintessenceLabs’ recent
establishment of a dedicated sales presence in the UK to bolster
awareness and distribution of its cybersecurity products in the region
and other parts of Europe, along with plans to add locally-based support
staff in 2019.
This also rounds out an exciting year of news for QuintessenceLabs,
including being named one of the World Economic Forum’s Technology
Pioneers for 2018, and in October bringing on experienced cybersecurity
executive Andreas Baumhof as its VP of Technology.
QuintessenceLabs is a global leader in quantum-enhanced cybersecurity
solutions and related commercial developments. It delivers unique
products that integrate quantum technology with high-value security
technology, including the world’s fastest true random number generator,
an advanced key and policy manager, and integrated encryption solutions
to keep organizations secure today and prepared for tomorrow, while
leaving them focused on doing what they do best. The company is
headquartered in Canberra, Australia.