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Quantum Xchange Releases Virtual Container Key Management Solution for Post-Quantum Cryptography

1. Quantum Xchange launched Phio TX-EM for Post-Quantum Cryptography compatibility. 2. The solution ensures zero downtime during the migration process to PQC. 3. Phio TX-EM enhances network security using ephemeral keys for data protection. 4. It received NIST certification for FIPS 140-3 and FIPS 203 standards. 5. Quantum Xchange showcased this innovation at Cisco Live conference in San Diego.

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Why Bullish?

The adoption of PQC solutions is growing due to increasing cybersecurity concerns. Historical trends show stocks related to cybersecurity improvements often see a price rise following successful product launches.

How important is it?

The announcement aligns closely with growing market demands for security solutions, possibly driving interest in related stocks. Companies associated with quantum security, including XHG, may benefit.

Why Short Term?

Immediate market response likely during and following Cisco Live with stakeholders' interest. Previous tech launches at such events have demonstrated quick stock reactions.

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CSCOQNTMOKTA
-Industry’s First NIST-Validated FIPS 203 End-to-End Solution Enables Smoother Migration to PQC, Compatible with Cisco IOS XE, XR, and Nexus NX-OS Operating Systems SAN DIEGO--(BUSINESS WIRE)--Today at Cisco Live, Cisco’s annual IT and communications conference, Quantum Xchange announced that its Post-Quantum Cryptography (PQC) key management solution, Phio TX®, is now available as a virtual container. The new form factor, Phio TX-EM, is compatible with Cisco networking operating systems IOS XE, IOS XR, as well as the Nexus NX-OS operating system, which will allow Cisco networking users to harden their infrastructure and easily migrate to NIST-standard PQC with no network downtime or performance degradation.“Our support for Cisco’s SKIP protocol and network operating systems is just the latest example of how Quantum Xchange is working to offer their customers, and the market, a practical path to quantum readiness while hardening their infrastructure today,”Share Phio TX supports standard key management protocols, such as SKIP and ETSI, enabling drop-in integration without changes to existing router configurations. It is also one of the first products to receive NIST certification for the latest FIPS 140-3 cryptographic module standard and FIPS 203 validation supporting all ML-KEM algorithms for post-quantum security. Compatible with Cisco IOS XE and XR routers supporting containers such as Cisco Catalyst 8000v, NCS 540 and Nexus switches with containers, Phio TX-EM provides over-the-network provisioning, installation, configuration and distribution of Phio TX key management as an integrated process within the network itself. With Phio TX-EM, SKIP key requests are kept within the cryptographic boundary of the device, making the SKIP PQC implementation secure by eliminating the possibility of data leakage due to weakly configured external SKIP calls. Only FIPS-validated PQC key exchanges are passed between devices. Moreover, Phio TX does not rely on pre-shared or static keys. It uses ephemeral keys, dynamically generated in-memory and deleted after use. A strong symmetric key is created and travels out-of-band, independent of the encrypted data thereby avoiding harvest now, decrypt later (HNDL) and man-in-the-middle attack scenarios. Download the Phio TX-EM data sheet for a complete inventory of product features. “Our support for Cisco’s SKIP protocol and network operating systems is just the latest example of how Quantum Xchange is working to offer their customers, and the market, a practical path to quantum readiness while hardening their infrastructure today,” said Antonio Sanchez, Chief Strategy Officer at Quantum Xchange. “Phio TX’s crypto-agile features and capabilities deployed as a virtual container, offers customers choice and flexibility for meeting the unique data security requirements of their organization while easily upgrading their network infrastructure to quantum safety with zero static keys, zero downtime, and zero added latency.” Quantum Xchange demoed Phio TX and its various deployment options in the Security & Networking Village at Cisco Live, where the best and brightest minds in IT come together to learn, share knowledge, and connect. To view the presentation delivered to event attendees in San Diego, June 8-12, 2025, “Fast Track to Post-Quantum Security” go to the Cisco Live website. About Quantum Xchange Quantum Xchange protects confidential and classified data from advances in computing and everyday cybersecurity risks. Its award-winning key management platform, Phio TX empowers organizations to bring existing IT infrastructures into the post-quantum era easily and affordably with an innovative, secure, and flexible architecture. Commercial enterprises and government agencies can leverage trusted standards for quantum-safe protection, embrace crypto-agility, and establish a cryptographic center of excellence with no network or application downtime and no performance degradation. To learn more visit QuantumXC.com. More News From Quantum Xchange

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