1. Scope Technologies Corp. secures $1.5 million in funding for development. 2. Quantum cybersecurity market set to grow significantly by 2034. 3. New partnerships enhance Scope's international presence and customer base. 4. Quantum threats drive demand for urgent cybersecurity measures. 5. Scope's Quantum Preparedness Assessment tool simplifies risk assessment.
Scope's recent funding and strategic partnerships indicate strong growth potential, similar to historic growth in cybersecurity companies amidst rising threats.
The article outlines significant growth in quantum cybersecurity and Scope's proactive strategies, indicating high importance.
As quantum threats mature, companies like Scope that offer relevant solutions will increasingly be in demand, similar to cybersecurity companies during early internet adoption.
Issued on behalf of Scope Technologies Corp. and Avant Technologies Inc.
VANCOUVER, March 25, 2025 /PRNewswire/ -- The pace of technological change is accelerating fast—reshaping how we compute, analyze data, and create. But as quantum computing inches closer to reality, cybersecurity experts are raising serious red flags. One major concern? "Q-Day"—a looming event where quantum-powered attackers could crack today's strongest encryption in mere seconds. With that threat on the horizon, regulators and privacy watchdogs are urging organizations to adopt quantum-resistant encryption before 2035. Although some still treat it as a long-term risk, analysts are warning that quantum computing deserves immediate attention. Recent developments in both quantum innovation and next-generation cybersecurity underscore that this is no longer just a theoretical issue. Over the past few weeks, several key players have made strategic moves in the space—among them Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Qualys, Inc. (NASDAQ: QLYS), CyberArk Software Ltd. (NASDAQ: CYBR), Cisco Systems, Inc. (NASDAQ: CSCO), and NVIDIA Corporation (NASDAQ: NVDA).
According to Research and Markets, the Post-Quantum Cryptography market is on track to surge at a 41.47% CAGR, reaching an estimated US$17.69 billion by 2034. Meanwhile, Market.us projects the Quantum Computing Software market will expand at a 40% CAGR over the same period, climbing to US$31.8 billion.
Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), a fast-rising player in the quantum security space, is leaning into the encryption arms race with fresh capital, new tools, and a mission to democratize quantum-grade security across multiple industries. Recently, Scope announced a $1.5 million private placement financing, including a $1 million strategic investment from First Majestic Silver Corp., which has taken on a dual role of investor and enterprise client.
Proceeds will be used to repay a prior loan and to accelerate development of Scope's upcoming QSE mobile app—a fully quantum-resistant messaging and file-sharing platform powered by its proprietary Entropy-as-a-Service (EaaS) technology. The mobile app will complement Scope's growing stack of cybersecurity solutions, offering decentralized, end-to-end encryption that remains resilient even in a post-quantum future.
Scope is also gaining traction internationally. Recently it secured a master reseller agreement with Coegi Cloud AB, a Microsoft Solution Partner based in Sweden, to drive adoption of its quantum-resistant encryption and storage solutions across Europe and North America. Just days earlier, Scope inked a channel partnership with COGITO, a leading software distributor in China, Singapore, and Australia, giving the company access to over 2,000 resellers and 40,000 users across government, enterprise, and academic sectors.
These moves build on Scope's February launch of its upgraded Quantum Preparedness Assessment (QPA), a tool that uses AI-driven automation to help businesses assess their exposure to quantum threats. Its Quantum Security Entropy (QSE) platform is already aligned with upcoming U.S. Department of Health and Human Services (HHS) updates to the HIPAA Security Rule, giving Scope an early mover advantage in protecting healthcare data from emerging quantum threats. With full integration into widely used risk management frameworks, QPA simplifies what has traditionally been a complex and costly process, giving organizations of all sizes a clearer path to post-quantum resilience.
"As quantum threats loom closer, businesses must act now to evaluate and strengthen their security infrastructure," said Sean Prescott, Founder & CTO of Scope Technologies Corp. "Our AI-powered QPA, with full RMF integration, provides a seamless, data-driven approach to assessing and mitigating risks before it's too late."
This advancement arrives as the quantum landscape heats up. Microsoft's unveiling of its Majorana 1 processor highlights just how close scalable quantum architectures are to reality—bringing the threat of quantum-powered cyberattacks from hypothetical to increasingly tangible.
As headlines continue to spotlight the risks of "Harvest Now, Decrypt Later" tactics, Scope's timing appears well calibrated. From secure messaging to enterprise risk assessments, the company is positioning itself not just as a vendor—but as an early solution provider in a race many haven't yet realized they're in.
CONTINUED… Read this and more news for Scope AI at: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/