Quantum Secure Encryption Scales With 262 Customers, Names Michael Massing CTO as US Pledges $2 Billion
Updated
Updated · PR Newswire · Jun 4
Quantum Secure Encryption Scales With 262 Customers, Names Michael Massing CTO as US Pledges $2 Billion
1 articles · Updated · PR Newswire · Jun 4
Summary
Quantum Secure Encryption said it has moved into commercial scaling, generating revenue from 262 customer accounts and adding Michael Massing as CTO effective June 1.
US$2 billion in Commerce Department letters of intent for nine quantum-computing companies sharpened QSE’s pitch that faster quantum progress raises the urgency of post-quantum cybersecurity.
QSE said its platform is already commercially available and built around three functions—Assess, Protect and Control Access—designed to layer quantum-resilient security onto existing systems rather than replace them outright.
Massing brings more than 30 years of cybersecurity and cryptography experience, including roles at Dell SonicWall and TokenX Labs, plus eight issued patents.
The company is betting that regulatory pressure, long-life data risks and partner-led sales across enterprise, government and regulated industries will turn post-quantum security into a broader commercial market.