PQShield, a leading cybersecurity company, has expanded its boardroom with the appointment of Antonio J Viana as non executive director, alongside Mike Muller, Rose Schooler and Ian Drew to its strategic advisory board. The company is developing post quantum cryptography technology to protect against potential threats from quantum computers.
Following a 37 million dollar series B funding earlier in 2024, PQShield has also promoted Janssen Liston to Vice President of Global Sales. The appointments come after the National Institute of Standards and Technology finalized its standards for post quantum cryptography, which were co authored by the team at PQShield.
Key industry players such as Arm, Intel, and Microchip Technologies are already adopting these new standards. With the support of experienced professionals like Mike Muller, former CTO of Arm, and Rose Schooler, board member at Arm, PQShield is well positioned to lead the transition to post quantum cryptography.
Introduction to Post-Quantum Cryptography and PQShield
The advent of quantum computing poses a significant threat to current cryptographic systems, which are used to secure online transactions and communication. To address this issue, researchers have been working on developing post-quantum cryptography (PQC), a new generation of cryptographic algorithms that are resistant to attacks by quantum computers. One company at the forefront of this effort is PQShield, which has been developing PQC solutions for various industries. Recently, PQShield announced the expansion of its boardroom by appointing Antonio J. Viana as Non-Executive Director and adding Mike Muller, Rose Schooler, and Ian Drew to its strategic advisory board.
The expansion of PQShield’s boardroom is a significant development in the company’s efforts to accelerate its growth into 2025. The new appointments bring a wealth of experience in the technology industry, particularly in sectors that will be critical to the successful global adoption of post-quantum cryptography. Viana, Muller, Schooler, and Drew will support PQShield’s expansion in this crucial sector with their semiconductor expertise. Furthermore, the company has promoted Janssen Liston to Vice President of Global Sales, following his success in driving significant growth for the company in North America.
PQShield’s efforts are timely, given the recent publication of NIST‘s finalized PQC standards, which is helping to fuel global demand for the company’s quantum-proof technology. The transition to PQC is set to accelerate in 2025, with industry bodies anticipated to release their own guidance for implementing these new standards. As a leading provider of PQC solutions, PQShield is well-positioned to support this transition and establish itself as a key player in the industry.
The Importance of Post-Quantum Cryptography
Post-quantum cryptography is essential for ensuring the long-term security of online transactions and communication. Current cryptographic systems, such as RSA and elliptic curve cryptography, are vulnerable to attacks by quantum computers, which could potentially break these systems and compromise sensitive information. PQC algorithms, on the other hand, are designed to be resistant to such attacks, providing a secure foundation for online transactions and communication.
The development of PQC is a complex task that requires significant expertise in cryptography, mathematics, and computer science. PQShield has been at the forefront of this effort, working with industry partners and academic institutions to develop and implement PQC solutions. The company’s recent announcement of the world’s first NIST-compliant PQC silicon test chip is a significant milestone in this effort, enabling the testing of PQC hardware to an extremely robust level.
PQShield’s Solutions and Partnerships
PQShield offers a range of PQC solutions for various industries, including semiconductors, networking, aerospace, and financial services. The company has partnered with leading industry players, such as Microchip Technologies, AMD, and Lattice Semiconductor, to develop and implement PQC solutions. These partnerships demonstrate the growing recognition of the importance of PQC in ensuring the long-term security of online transactions and communication.
PQShield’s solutions are designed to be NIST-compliant, ensuring that they meet the highest standards for security and interoperability. The company’s expertise in PQC has been recognized by industry leaders, with Antonio J. Viana, Mike Muller, Rose Schooler, and Ian Drew joining the company’s boardroom to support its growth and expansion.
Future Outlook and Challenges
The future of post-quantum cryptography looks promising, with growing recognition of the importance of PQC in ensuring the long-term security of online transactions and communication. However, there are still significant challenges to be addressed, including the development of standards and guidelines for implementing PQC solutions, as well as the need for greater awareness and education about the benefits and risks of PQC.
PQShield is well-positioned to address these challenges and support the growth of the PQC industry. With its expertise in PQC and its growing partnerships with industry leaders, the company is poised to play a significant role in shaping the future of cryptography and ensuring the long-term security of online transactions and communication.
Conclusion
In conclusion, PQShield’s expansion of its boardroom and the addition of new team members are significant developments in the company’s efforts to accelerate its growth into 2025. The importance of post-quantum cryptography cannot be overstated, and PQShield is at the forefront of this effort. With its expertise in PQC and its growing partnerships with industry leaders, the company is well-positioned to support the transition to PQC and establish itself as a key player in the industry.
Expert Insights
According to Ali El Kaafarani, founder and CEO of PQShield, “I am delighted to add four industry veterans to the PQShield boardroom. Each brings a wealth of experience in scaling businesses, and joins the company as we enter a pivotal period of growth.” Antonio J. Viana, non-executive director at PQShield, notes that “PQShield has been building a best-in-market solution that many industries will soon realize it needs. Now that NIST’s standards are finalized, PQShield is the company best placed to meet the global demand for PQC.”
Mike Muller, founder and former CTO of Arm, comments that “PQShield is building a cutting-edge solution for one of the most pressing technical challenges of the next decade, and is already able to scale this solution to protect vectors from microcontrollers all the way to cloud computing.” Rose Schooler, board member at Arm and Densify, adds that “Over my 35 years in the tech industry, I’ve been fortunate to work with exceptional talent and groundbreaking technology. PQShield stands out with its world-class team and cutting-edge, standards-based solutions designed to address some of the most complex customer challenges.”
Ian Drew, former chairman at Foundries.io and CMO at Arm, notes that “Ali and the team at PQShield have assembled a world leading, British-based tech company that has the potential to make huge strides in cybersecurity and lead the post-quantum cryptography world.” These expert insights demonstrate the growing recognition of the importance of PQC and the role that PQShield is playing in shaping the future of cryptography.
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