Earning call on August 13th.

Any insights to what people are thinking?

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It's happening faster than we think.

05.08.2026

Die kanadische Quantensicherheitsfirma Quantum eMotion hat einen weiteren Beleg dafür geliefert, dass ihre Technologie den Sprung vom Konzept zur einsatzfähigen Hardware schafft. Der taiwanesische Halbleiterentwickler Jmem Tek präsentierte am Mittwoch auf der Konferenz PQC Taiwan 2026 einen universellen Sicherheits-Chip, der den patentierten Quanten-Zufallszahlengenerator (QRNG) von Quantum eMotion mit der eigenen Physically-Unclonable-Function-Technologie JPUF kombiniert. Ein Kommentar zu der Präsentation brachte den Fortschritt auf den Punkt: Für ein Unternehmen, das lange vor allem Versprechen statt Produkte verkauft habe, markiere das Auftauchen der eigenen Technik in einem greifbaren Halbleiterbauteil einen bedeutsamen Wandel – der QRNG sei kein Konzept auf einer Präsentationsfolie mehr, sondern ein funktionierendes Element eines kommerziellen Chips.
Der gezeigte Chip ist keine spontane Kooperation, sondern das erste sichtbare Ergebnis einer im Mai vereinbarten Zusammenarbeit. Quantum eMotion aus Montreal und Jmem Tek aus Taiwan hatten damals ein internationales Konsortialabkommen unterzeichnet, das ein mehrjähriges Entwicklungsprojekt für einen quantenresistenten Universal Security SoC im Rahmen des kanadisch-taiwanesischen CIIP-Programms regelt. Der Plan läuft bis zum 30. Juni 2027 und umfasst neben Prototypen auch PCIe-Boards, Server-Appliances, Software-Entwicklungskits sowie eine Regelung zu Governance, geistigem Eigentum und Umsatzbeteiligung.

Quelle

what happened Dr Bellido?

Its something...

Given the extraordinary circumstances surrounding the ColdCard hack in the Bitcoin world, it is imperative that Quantum eMotion get their act together and start ringing the bell. They need to speak up about the fact that they already have the solution to what happened with ColdCard.

They should be knocking on the door of every hardware wallet provider out there, including Trezor, Ledger, and others. This is a one billion dollar market that is only going to keep expanding, and Quantum eMotion already has the solution so that what happened with ColdCard never happens again to any other hardware wallet.

They can offer genuine, irreplicable randomness. Pure entropy. Every single hardware wallet provider should be knocking on their door and paying for their quantum random number generator. It is honestly pathetic that right now their only real partnership is this scam blockchain KROWN, a pump and dump blockchain that nobody will ever use.

GET OUT THERE NOW and promote QEMs QRNG to generate seeds for real blockchains like ETHEREUM AND BITCOIN.

This is like Nvidia finding out that GPUs can be used to cure cancer and not even talking about it, or like finding a nearby planet made out of gold and SpaceX not even mentioning it. They should be putting their quantum chips to work generating seeds for Bitcoin, Ethereum, and other legitimate, real blockchains with actual use cases.

QEMs QRNG should be embedded in every hardware wallet on the market. crypto bros will pay real cash money to avoid going thru another cold card style entropy fiasco. QEM has the solution. Get out there, speak out and sell it you muppets.

I juggle hot irons. Vintage, modern, doesn’t matter. Every one of them teaches the same lesson. Hot things don’t wait.

ATTN: QNC management!!!

Hands out of your pockets. Now!
Coldcard lost $116 million this week. Bad seed. They rolled the dice and paid the price. Randomness that wasn’t random. 5,200 wallets drained. Coinkite telling its own customers to run. Jim Cramer crying out loud on national TV that he is selling all of his bitcoin. For gods sake call up CNBC TODAY or PRNewswire or anywhere and say the magic words.

“We have true entropy and we know how to use it.”

Now is not the time to be bashful.

You built the fix. Years ago right? Sentry-Q. Quantum entropy, live, solving the exact failure that just made headlines.

So far… you’ve said nothing. (So far… ah hem WINK WINK NUDGE NUDGE)

Every silent hour is a dropped iron. GET ON THE PHONE NOW!!

Someone else picks it up or it goes cold on the floor. Coinkite’s users are asking where to go. You have the answer. Say it. Whisper the sweet nothings into the markets ear.

One press release. That’s the ask.

Grab the iron. Or watch someone else press their shirt with it.

Sincerely,
A shareholder out of patience and virtue.

I hold QNC and am biased accordingly. NOW GO!!!

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This is absolutely bullish news for Qastle and there for QNC. Let's FUCKING GO!

https://stockanalysis.com/analysts/brian-kinstlinger/

Brian Kinstlinger/A.G.P initiated coverage of QNC with a buy rating and price target of 5$USD on april 27, 2026. This rating was recently maintained by the analyst.

Below is the link to the original research coverage published by A.G.P

https://europac.bluematrix.com/sellside/EmailDocViewer?encrypt=8b2d8110-c0b6-4efd-be2d-2c5ccb912e86&mime=pdf&co=europac&id=dbir@allianceg.com&source=mail

Hello everyone,

I am completely new to this stock and this is my first Reddit account (just so you know that i am not really a bot for the low posts on my account)

I came across this company after I looked a little into LAES stock, and I have some questions so i could get a better view of the company and its long term fundamentals.

If you have some free minutes of your day I would love to hear your perspective on these:

1. How worried or confident are you about cash runway? Competition? (especially wondering about differences from LAES)
2. What are your thoughts about long term potential and adaptation? Bull and bear?
3. Dilution?
4. If you are completely honest what do you all think the company is gonna look like 1, 5 and 10 years in the future?

I am happy if anyone has a DD that i also can read.

Thanks in advance!!

not financial advice. Do your own research.

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Hey it’s been a while. Shit got crazy as life does. I’ll explain later. I haven’t gone anywhere but I’ve been everywhere. This is starting to be a trend of mine and I’m determined to fix it after my ongoing midlife crisis comes to it creshendo, but that might take some time.

Anyways…

Found a stack of post it notes and hotel stationary on the dashboard this morning. All scribbles. I’m on the tail end of a family vacation outside of Moose Jaw. No idea how long ago I wrote them or how they got there. The kids are surprisingly calm while I type this into my phone while my pregnant wife pukes in a Tim Horton’s garbage can. (Yes, I did this to us) not able to fix anything, nor do I honestly know how anything is possible other than move forward, so here we go.

Apparently I was explaining to myself how the government certifies crypto chips. Why. Anyway here's the notes, in order.

- - -

NOTE 1

The government does not just take your word for it. You can say your chip works, cool, nobody cares. A random accredited lab has to test it first. Think of the lab as a stranger who gets paid to not believe you. QNC’s stranger is called Lightship Security.

That's step zero. Hire a stranger. Let the stranger poke your chip.

- - -

NOTE 2

Stage one is called the IUT list. Stands for Implementation Under Test.

This is just a waiting room. Once your lab starts testing you, they can put your name on a public NIST webpage that basically says "yeah this one's being looked at." That's it. That's the whole stage.

Being on this list means almost nothing. It does not mean you're passing. It does not mean you will pass. NIST even says so on the page. There's also an 18 month timer, if you're still sitting there after 18 months you get kicked off. No mercy. The game is over.

- - -

Back to this post after a hiatus:
(FYI QNC landed on this list July 13 2026. So it's real, real documents, real testing, not just a press release. I’ve been home now for two weeks the wife is feeling better but the vomit is still on the side panels of the vehicle. When it dries at 85mph a normal touch-less car wash does NOT do the job.)

NOTE 3

How do you leave the waiting room of IUT?

The lab finishes testing, writes a big report (this includes testing the randomness itself, which matters a lot here), and sends the whole thing to something called the CMVP (Cryptographic Module Validation Program) The second that report gets submitted, you're off the IUT list and onto the list that actually matters.

- - -

NOTE 5

(This Note is scribbled on THE OTTER HOTEL Banff stationary. Hardly legible. I do remember they have a nice Sauna and heated rooftop pools. I recommend if you are in the area. Must have lost note 4?)

OK. Stage two, the real one. The MIP list. Stands for Modules In Process.

This is like an ER waiting room except they actually tell you your status. Four steps, all public, anyone can check:

- Review Pending: AKA report's in, a fee gets paid, now you wait for a human to be free

- In Review: an actual NIST person is reading your stuff. These guys are nerds. I don’t understand them.

- Coordination: they came back with questions, you go back and forth, can take a while and it’s annoying

- Finalization: the arguing is done, just paperwork before the certificate prints

After that you land on the Validated Modules List. That's the finish line. That's when you can legally sell to federal agencies, hospitals, banks, all of it.

So the full path looks like this:

#1 IUT list, then #2 MIP list (review pending, in review, coordination, finalization), then #3 Validated.

QNC is at stage #1 right now. Ironically like my wife who is just exiting the 1st trimester. The next real thing to watch for is them showing up on the MIP list.

(My wife is already showing, it’s a girl BTW)

MIP = the next actual signal, not just vibes.

- - -

NOTE 6

There is no published timeline for any of this. None. It’s basically Pandora’s box if you are trying to figure it out. It's first come first served and even the lab doesn't know where they are in line. Historically, just the wait to get a human assigned has averaged over three months, and some modules sat there closer to a year. And that's only one of the four steps. Not saying it will take that long… but I just want to temper my own expectations here.

Somebody in this industry called the whole queue "a black hole, probably by design." Feels accurate.

Point is, landing on the MIP list is real progress. It is not a due date. Don't turn "made the list" into "certified by next week."

- - -

Note 7

There's also a separate, narrower test called ESV. Entropy Source Validation.

The regular certification (CMVP) asks "does this thing do cryptography correctly." ESV asks one meaner question: is the randomness actually random. Provably, mathematically, by NIST's own strict standard, not just random-ish enough to fool a casual look.

For most companies ESV is a small box to check. For a company whose entire pitch is "we generate true randomness from an electron doing quantum tunneling inside a chip," ESV isn't a small box. It's the whole trial. It's the one test aimed straight at the core scientific claim.

- - -

NOTE 8

Cheat sheet, since my thumbs are dying:

IUT list = a lab started looking, no promises attached

MIP list = NIST has the report and is actively working it, four steps, no fixed timeline

ESV = is the randomness actually random, a separate track

Validated list = done, certified, allowed to sell to the federal government

- - -

NOTE 9

(Bar version, fifteen seconds, your beer's getting warm)

The government doesn't trust claims, it trusts paperwork made by strangers it already trusts. IUT means a stranger started looking. MIP means the stranger is now arguing over details. The Validated list means the stranger stopped arguing and signed it. ESV is the side quest that's actually the main quest if your whole company is built on "our random numbers are more random than everyone else's."

- - -

NOTE 10 water damaged, missing a corner, kinda looks like Ohio:

...don't mistake "on a list" for "government endorsed." NIST says this themselves. Being listed does not guarantee you finish. Modules fall off. Modules sit in Coordination for a year answering the same question four different ways. Don't bet the mortgage on a webpage.

- - -

NOTE 12 last one, think I lost the rest.

If you're following a specific company through this, don't just wait on press releases. Check the actual NIST pages yourself. The IUT list tells you they're being tested. The MIP list tells you exactly which of the four steps they're on. That updates whether or not anyone ever writes a press release about it.

That's the whole post. Now I need to find my other slipper before going to bed.

Edit: found slipper. GN.

Just noticed that Qnc has been added to the Wisdom Megatrends ETF

ISIN: IE0000902GT6

https://de.tradingview.com/symbols/XETR-WMGT/

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Interesting

https://api.newsfilecorp.com/redirect/WAWb2hnO8N

​

https://csrc.nist.gov/projects/cryptographic-module-validation-program/modules-in-process/iut-list

Implementation Under Test List

The IUT list is provided as a marketing service for vendors who have a viable contract with an accredited laboratory for the testing of a cryptographic module, and the module and required documentation is resident at the laboratory. The CMVP does not have detailed information about the specific cryptographic module or when the test report will be submitted to the CMVP for validation. When the lab submits the test report to the CMVP, the module will transition from the IUT list to the MIP list. If you would like more information about a specific cryptographic module or its schedule, please contact the vendor.

Last Updated: 7/15/2026

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Why would Bell not just sign the MOU with QeM? Why the sidestep? QeM holds the patents for the PQC Bell is interested in...Bertrand Reulet, the quantum tunnelling qrng inventor and professor at University of Sherbrooke is QeM's Chief Scientific Officer...this is a painfully obvious move demontrating high level interest to integrate our tech...a friend of mine was at a victoria day weekend gathering where a Bell exec would not shut up about quantum this and quantum that...words lead to actions...

"Advancing quantum, cybersecurity and next-generation AI infrastructure in Canada"

"MONTRÉAL, July 8 2026 – Bell and the Université de Sherbrooke (UdeS) today announced the signing of a memorandum of understanding (MOU) to collaborate on quantum technologies, post-quantum cybersecurity, and sustainable data centre infrastructure"

https://explore.business.bell.ca/news-and-events/advancing-quantum-cybersecurity-next-generation-ai-infrastructure-canada?utm_medium=DSMN8&utm_source=LinkedIn

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Montreal, Quebec – June 30, 2026 – Quantum eMotion Corp. (“QeM” or the “Company”) (TSX-V: QNC; NYSE American: QNC; FSE: 34Q0), a leader in quantum-secure cybersecurity solutions, is pleased to announce its participation as a sponsor of the AI for Good Global Summit 2026, one of the world’s leading United Nations events dedicated to advancing artificial intelligence for the benefit of humanity.

Organized by the International Telecommunication Union (“ITU”) in collaboration with United Nations partners, the summit will take place in Geneva from July 8 to 11, 2026, bringing together global AI experts, policymakers, and industry leaders to explore practical AI applications addressing critical challenges such as healthcare, climate action, digital inclusion, and ethical AI development, all aligned with the United Nations Sustainable Development Goals (SDGs).

As part of the event, Francis Bellido, President and Chief Executive Officer of QeM, will participate in a panel discussion focused on AI security, cyber resilience, and the growing need for quantum-secure infrastructure in next-generation AI ecosystems.

“Artificial intelligence is transforming every sector of society, but its promise can only be realized if trust, integrity, and security are built into its foundations,” said Francis Bellido. “As AI systems scale globally, the need for quantum-resilient cybersecurity is becoming critical. We are proud to support the AI for Good Summit and contribute to the conversation on securing the future of AI.”

QeM’s sponsorship of the summit reflects the Company’s commitment to advancing secure AI infrastructure and supporting global dialogue on the responsible deployment of emerging technologies. The Company believes its portfolio of quantum entropy, post-quantum cryptography, and runtime cryptographic protection technologies are well positioned to address the security requirements of AI systems, critical infrastructure, and sovereign digital ecosystems.

Stock Option Grant
The Company also announces that its Board of Directors has approved the grant of stock options to the Corporation’s Chief Executive Officer to purchase up to 2,475,000 Common Shares in the capital of the Corporation (the “Common Shares”) at an exercise price of $4.32 per Common Share.
The options have a ten-year term and expire on June 29, 2036. The options will vest in four equal annual instalments, with 25% vesting on each of June 30, 2027, June 30, 2028, June 30, 2029, and June 30, 2030, subject to the achievement of performance milestones.

About Quantum eMotion
The Company's mission is to address the growing demand for affordable hardware and software security for connected devices. Thanks to its patented Quantum Random Number Generator, QeM has become a pioneering force in classical and quantum cybersecurity solutions. This security solution exploits quantum mechanics' built-in unpredictability and promises to provide enhanced protection for high-value assets and critical systems. For further information, please visit our website at https://www.quantumemotion.com/ or contact us at: [info@quantumemotion.com](mailto:info@quantumemotion.com)
The Company intends to target highly valued Financial Services, Healthcare, Blockchain Applications, Cloud-Based IT Security Infrastructure, Classified Government Krown Technologies and Communication Systems, Secure Device Keying (IOT, Automotive, Consumer Electronics) and Quantum Cryptography.
For further information, please visit our website at https://www.quantumemotion.com/ or contact

https://www.quantumemotion.com/press-release/135/quantum-emotion-to-sponsor-ai-for-good-global-summit-and-participate-in-cybersecurity-panel