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A secure form of communication for sharing encryption keys that is only known to shared parties is quantum key distribution (QKD). The communication technique exchanges cryptographic keys in a verifiable manner that ensures security by utilising aspects of quantum physics.
The security of encryption that uses quantum key distribution is based on quantum physics, as opposed to standard public key cryptography, which is based on the computational difficulty of particular mathematical functions and cannot provide any mathematical proof as to the actual complexity of reversing the one-way functions utilised. QKD has information theory-based verifiable security and forward secrecy.
The Global quantum key distribution market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
SES, ESA Announce Eagle-1 Quantum Key Distribution Satellite.The first sovereign European end-to-end space-based QKD system will be developed by SES and partners, and it will include an operations centre in Luxembourg and the Low-Earth Orbit (LEO) satellite Eagle-1.
To interact with existing national quantum communication infrastructures, the consortium will create the QKD payload, terrestrial optical station, scalable quantum operational networks, and key management system (QCIs). Mission data for upcoming EU sovereign quantum secure communications networks will be provided by this initiative.
The Eagle-1 project aims to develop safe and scalable quantum communications for Europe in the future.The success of Europe and its member states in a future era of quantum computing depends on European security and sovereignty.
Multi-orbit credentials and our cutting-edge platforms and approaches… to enhance quantum communications and put in place the EAGLE-1 system, which is referred to as being a pillar for the creation of future secure and independent European networks.