Toshiba Digital Solutions Corporation, a division of the Toshiba Group focused on digital and quantum technologies, has partnered with SpeQtral, a top player in quantum communications technology. They have signed a memorandum of understanding (MOU) with ST Engineering, a prominent global technology, defense, and engineering firm. This agreement aims to formalize their strategic alliance and enhance their market strategy for quantum-secure communications solutions in Singapore and Southeast Asia.
Through this MOU, the three organizations will collaborate on several strategic initiatives to advance quantum security solutions in key markets. Their partnership will include joint efforts in market and business development, creating customized product and solution offerings, and exploring opportunities in the government sector. Specifically, they will focus on developing and providing Quantum Secure Network (QSN) solutions tailored for critical sectors, including government and defense, financial services, healthcare, and critical infrastructure.
These solutions include quantum secure communication with hybrid Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) technologies, quantum secure data storage, cloud services, and multiparty computation. Additionally, the parties will join forces in proposal development and project bidding, leveraging their combined expertise and resources to capitalize on emerging opportunities in the quantum security landscape.
Since 2021, Toshiba and SpeQtral have teamed up, combining Toshiba’s fiber-based QKD solutions with SpeQtral’s satellite-based QKD missions. This partnership is key to developing global quantum-secure communication networks, with major achievements including quantum-secure demonstrations in Singapore and the establishment of Southeast Asia’s first Quantum Networks EXperience Centre (QNEX). Their collaboration marks a significant step forward in global data security and advanced communications.
"As quantum computing advances, the risk to current encryption methods grows. Our focus is on developing quantum-secure solutions to protect sensitive data and infrastructures, enabling businesses to thrive. By leveraging our encryption and operational technology cyber expertise along Toshiba and SpeQtral's capabilities, we aim to enhance digital resilience against current and future cyber threats, ensuring a safer cyberspace for all", stated Dr. Lee Shiang Long, Group Chief Technology and Digital Officer of ST Engineering.
Hiroshi Tsukino, Corporate Officer and Corporate Vice President of Toshiba Corporation, and Vice President of ICT Solutions Division at Toshiba Digital Solutions, said, "This milestone marks a significant advancement in our partnership with ST Engineering, initiated in 2022[*2]. Our collaboration is pivotal in fostering a robust quantum-secure communications ecosystem across Singapore and Southeast Asia, catalysing the expansion of the quantum-secure communications market. The synergy between our organizations, including the expertise of SpeQtral, positions us at the forefront of innovation in this critical field. We are confident that our combined efforts will establish new industry standards in quantum-safe communications, ensuring a more secure digital future for businesses and governments alike".
Lum Chune Yang, Co-founder and CEO of SpeQtral, said "We are excited to formalise our partnership with ST Engineering, a trusted and established global technology and engineering leader. This synergistic partnership builds upon the longstanding and valuable collaboration with Toshiba, bringing together the best-in-class technologies and a shared commitment to quality assurance and customer-centric solutioning. We look forward to forging ahead as a new alliance, to safeguard Southeast Asia's digital future with leading edge quantum-safe solutions".