Quintessencelabs Announces Partnership With Lockheed Martin Corporation

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23rd June 2009, 06:25am - Views: 783





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QuintessenceLabs Announces Partnership with Lockheed Martin Corporation


MEDIA RELEASE PR35151


CANBERRA, June 22 /Medianet International-AsiaNet/ --

    

QuintessenceLabs, the leader in quantum communications technology for networking, communications,

national security and defence, announces partnership with Lockheed Martin Corporation to develop

applications of Quantum Key Distribution for markets in Australia and the United States.


    QuintessenceLabs, the leader in ultrasecure quantum communications, has announced a partnership with

Lockheed Martin Corporation for the development of its Quantum Key Distribution technology towards

applications in Australian and US markets. The relationship confirms an announcement made during National

E-Security Awareness Week at an address to The National Press Club of Australia in Canberra.


    QuintessenceLabsEsecond generation QKD technology integrates seamlessly with preexisting

communications infrastructure providing one-time pad encryption in real-time. Products incorporating

QuintessenceLabsEbright laser technology can achieve high speed, untappable communications at a

fraction of the cost of competing technologies. 


    Commenting on the announcement, QuintessenceLabs Chairperson, Peter Shergold, said “We are

delighted to be entering into partnership with Lockheed Martin. Lockheed Martin is a global technology leader

which has identified national security as a key strategic priority. Following an evaluation of

QuintessenceLabsEtechnology, Lockheed Martin decided to enter into this relationship to develop leading

edge information security solutionsE


    "We are pleased to have this relationship with QuintessenceLabs", said Paul Johnson, CEO of Lockheed

Martin Australia, "Global security is a major focus for Lockheed Martin and we are delighted to be working with

QuintessenceLabs, a company at the forefront of QKD technology that has important information security

applications. We believe that QKD technology has great promise worldwide and look forward to a continued

partnership".


    About QuintessenceLabs


    QuintessenceLabs is a leader in quantum communications technology for networking, communications,

national security and defence. Our second generation, high performance communications technology makes

use of breakthrough research in continuous variable, bright laser quantum cryptography. Unlike first

generation systems, our technology incorporates off-the-shelf components to deliver lower cost, higher

performance, highly robust and scalable quantum security products facilitating ultrasecure, untappable

everlasting security.


    For more information please contact: 


     QuintessenceLabs Founder and CEO

     Vikram Sharma

     Phone: +61 2 6125 9498

     Email: press@quintessencelabs.com



     Office: 

     QuintessenceLabs, 

     Suite 23, 

     Physics Building #38, 

     Science Road,

     Australian National University, 

     Acton ACT 0200, 

     Australia

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    SOURCE:  QuintessenceLabs

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