Quantum eMotion Announces Acquisition of Jet Lab Technologies Assets to Deliver Full-Stack Quantum-Resilient Security

Executive Summary

• Quantum eMotion Corp. announced a definitive agreement to acquire 100 % of the issued and outstanding shares of SKV Technology Inc., gaining the SecureKey™ platform and related assets.
• The transaction includes up‑to C$7 million in milestone‑based earn‑out payments (cash, common shares or combination) and royalty obligations of up to US$15 million over five years on products incorporating SecureKey™ technology.
• Closing is expected around March 2 2026, subject to customary conditions and TSX Venture Exchange approval; the deal expands QeM’s addressable market in quantum‑resilient cybersecurity.

Key Details

• Target: SKV Technology Inc., a California‑based cybersecurity company holding the SecureKey™ platform (originally developed by Jet Lab Technologies Inc.).
• Consideration:
• Earn‑Out Payments up to C$7,000,000, payable at QeM’s election in cash, common shares, or a mix.
• Royalties up to US$15,000,000 based on sales thresholds for products using SecureKey™ technology, payable over a term of up to five years.
• Share Issuance: Consideration Shares will be subject to a statutory hold period of four months and one day in Canada and will be issued under an exemption from U.S. registration.
• Closing Timeline: Expected on or about March 2 2026, pending customary closing conditions and TSX Venture Exchange acceptance.
• Strategic Rationale: Combines QeM’s QRNG‑powered Sentry‑Q orchestration layer with SecureKey™ to create a full‑stack quantum‑resilient security architecture spanning cloud, network, endpoint, and chip.
• Technology Highlights:
• SecureKey™ provides hardware‑grade cryptographic protection in pure software, including TLS/IPsec/VPN acceleration and “Zero‑Exposure Keys™” memory‑less cryptography that eliminates persistent key storage.
• Integrated solution enables end‑to‑end quantum‑safe security, rapid post‑quantum migration, and deployment across AI data centers, energy systems, defense, industrial IoT, blockchain, and critical infrastructure.
• Market Opportunity: Addresses a global market exceeding US$150 billion for critical‑infrastructure and cloud security (Gartner).
• Executive Additions: Jason Thomas, founder of SKV and Jet Lab, will join QeM in an executive development role to support product integration and commercialization.

Notable Quotes

“Sentry‑Q orchestrates quantum‑grade entropy and security policy at the cloud layer. SecureKey™ enforces that trust at the execution boundary… dramatically reducing key exposure risks while accelerating post‑quantum migration.” – Dr. Francis Bellido, CEO, Quantum eMotion

“SecureKey was built to eliminate persistent key exposure… This integration positions QeM to address critical infrastructure, cloud, defense, and regulated markets with a truly next‑generation security stack.” – Jason Thomas, Founder, SKV & Jet Lab