
Alea Quantum Technologies
Provides high speed Quantum Random Number Generators.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor | €0.0 | round | |
DKK10.0m | Convertible | ||
Total Funding | 000k |
DKK | 2022 | 2023 | 2024 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Alea Quantum Technologies, founded in March 2022, is a spin-out from the Technical University of Denmark (DTU) that commercializes over two decades of research in quantum communication. The company is headquartered in Copenhagen, Denmark. One of the co-founders, Ulrik Lund Andersen, is a professor at DTU and heads the Quantum Information Group, bringing deep research experience to the company. Asger Bing serves as the Chief Executive Officer.
The firm specializes in producing Quantum Random Number Generators (QRNG) based on laser technology. This technology leverages the quantum vacuum fluctuations of laser light to generate truly random numbers, a foundational element for robust cybersecurity. The core of their patented technology utilizes a simple photonic setup with a laser and a photodetector, which are high-quality, readily available components. This approach allows Alea to offer a solution for generating random numbers that is faster and more secure than competing alternatives. The randomness is mathematically provable, a key differentiator from many algorithm-based encryption systems.
Alea Quantum Technologies operates in the quantum technology and cybersecurity markets, serving a range of clients. Their primary clients are Quantum Key Distribution (QKD) vendors who use Alea's QRNGs to build secure encryption systems. The business model involves working with leading hardware producers and cybersecurity vendors to integrate their products into existing distribution networks. The company's product line includes the world's fastest QRNG mezzanine board, specifically designed for QKD vendors to integrate into their systems, saving space and reducing heat. They also provide rack- and server-based QRNG systems for data centers and larger cybersecurity infrastructures. Key application areas include financial services, for securing transaction data, and telecommunications and data centers seeking to implement post-quantum safe encryption at high speeds. The company has received grants from the European Union and Innovation Fund Denmark, and is backed by investors including the Novo Nordisk Foundation, BioInnovation Institute, and Copenhagen Fintech Lab.
Keywords: Quantum Random Number Generator, QRNG, quantum communication, cybersecurity, Quantum Key Distribution, QKD, post-quantum cryptography, data security, encryption, photonic technology, laser technology, Technical University of Denmark, DTU spin-out, financial services security, telecom security, data center security, hardware integration, embedded systems, secure communications, deep tech