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A secure form of communication for sharing encryption keys that are only known to shared parties is quantum key distribution (QKD). The communication technique exchanges cryptographic keys in a verifiable manner that ensures security by utilizing 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 utilized. 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. SES and partners will develop the first sovereign European end-to-end space-based QKD system, and it will include an operations center in Luxembourg and the Low-Earth Orbit (LEO) satellite Eagle-1.
The consortium will create the QKD payload, terrestrial optical station, scalable quantum operational networks, and key management system (QCIs) to interact with existing national quantum communication infrastructures. 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.
Toshiba launches Quantum Key Distribution (QKD) System Business. The National Institute of Information and Communications Technology (NICT) has granted Toshiba Digital Solutions Corporation (hereafter “TDSL”) the contract to deploy and administer the QKD systems that will be put across their network. Toshiba expects to deliver the system in the fourth quarter of FY2020, after which deployment will begin.
Outside of Japan, Toshiba Europe Ltd. and BT Group Plc. facilitated the UK’s first commercial deployment of a quantum-secure network between two prominent businesses, and joint verification.
In the US, Toshiba took part in the most recent QKD demonstration conducted by Quantum Xchange and Verizon Communications Inc. on September 3. From FY2021, the firm will work with regional business partners to market the QKD system integration companies globally. These partners will be located not only in the US, UK, and Asia.
The corporation develops two different quantum key distribution platforms to boost its operations. The first is its ground-breaking multiplexing technology, which enables the transmission of data and quantum keys over the same fiber, obviating the need for an expensive specialised infrastructure for key distribution. The platform for long-distance applications, which maximizes crucial delivery speed and distance, is the alternative.
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