Scope AI Corp Acquires Advanced Quantum Security Firm

Scope Carbon Corp (TSE:SCPE) has released an update.

Scope AI Corp. has completed the acquisition of QSE Technology from Ovryde Ltd., positioning the company to offer advanced quantum-resilient security solutions amid the growing threat of quantum computing to data security. This strategic move prepares Scope to meet the increasing demand in the quantum cryptography market, which is expected to grow from $11 billion in 2024 to $126 billion by 2033.

For further insights into TSE:SCPE stock, check out TipRanks’ Stock Analysis page.