Nearly 90% of Companies Aren’t Prepared for the Quantum Computing Threat

Distributed on behalf of 01 Quantum Inc.



Quantum computing will be a game-changer for multi-billion-dollar industries. They’ll be able to solve problems much quicker than conventional computers. Two, they may have the power to revolutionize medicine, finance, cybersecurity, cryptocurrencies, and even artificial intelligence far quicker than any of us ever thought possible.
But it could also create massive cyber problems.
All of which will require the assistance of companies such as 01 Quantum Inc. (TSXV: ONE) (OTCQB: OONEF), Okta Inc. (NASDAQ: OKTA), Check Point Software (NASDAQ: CHKP), Palo Alto Networks (NASDAQ: PANW), and Fortinet (NASDAQ: FTNT).
Sadly, 90% of companies are unprepared for quantum security threats, as noted by a Bain & Company survey, as noted by ITPro.com.
“The US National Institute of Standards and Technology (NIST) has been working for a decade on new algorithms that can withstand such attacks – but now companies need to roll them out, with NIST advising enterprises need to be ready by 2035.”
Making things worse, quantum computers would be able to solve the mathematical problems solved during Bitcoin mining much quicker than classical computers. And, if that were to happen, it could alter the distribution of mining power and have the potential to impact the decentralized nature of some cryptocurrencies. Quantum computers could also potentially break codes that keep cryptocurrencies safe, and even decrypt private keys from public keys. All of which allows bad actors to control cryptocurrencies.
In addition, according to 01 Quantum Inc., “state actors are expected to achieve quantum at scale by 2028” and are typically “two years ahead of where the commercial vendors are.”

What that means is adversaries can collect encrypted data right now, with a long-term goal of decrypting it once quantum technology matures. It’s why protecting your encrypted information today is now more important than ever. In short, the time to act and protect against the potential negatives of quantum computing is now.
Here's How 01 Quantum (TSXV: ONE) (OTCQB: OONEF) is Helping to Diffuse the Issue
01 Quantum (TSXV: ONE) (OTCQB: OONEF), one of the first-to-market, enterprise level cybersecurity providers for the quantum computing era, is pleased to report the Company’s fourth quarter and annual results for the year ended October 31, 2025.
“We made significant progress in our PQC initiatives during 2025,” said Andrew Cheung, CEO of 01 Quantum. “Our work with partners, the expansion of our product verticals, and the technical milestones reached during the year demonstrate the versatility of our technology and the commitment of our team. The financings completed during the year strengthened our financial position and enabled us to advance development activities across several important areas. As we enter 2026, we believe the Company is well positioned to capitalize on the growing interest in quantum‑resilient cybersecurity solutions.”
Corporate Developments:

During fiscal 2025, the Company advanced a broad range of initiatives across its Post-Quantum Cryptography (PQC) product verticals, strategic partnerships, and commercialization efforts. These developments reflect meaningful progress in expanding the applicability of the Company’s technologies and supporting partner‑driven deployment opportunities.
Quantum‑Safe Remote Access – DoMobile Ver.5 commercially available.

In conjunction with Hitachi Solutions Create, Ltd., the Company developed a PQC‑enhanced zero‑trust remote access platform for the Japanese market. This culminated in the commercial release, as previously announced on January 15, 2026, of DoMobile Ver.5 a remote access platform integrating PQC into its public key cryptography framework, protecting users from emerging threats such as HNDL attacks and ensuring long‑term confidentiality.
The commercial structure includes upfront development fees, along with ongoing royalties.
Quantum‑Safe Digital Assets – qONE launching February 2026.

The Company entered into a strategic alliance with qLABS Foundation, under which 01 Quantum was engaged as qLABS’s Subject Matter Expert (SME) to develop quantum‑safe tokens designed to run natively on existing blockchains such as Ethereum (ETH), and Solana (SOL). As part of this engagement, the Company developed its Quantum Crypto Wrapper (QCW) and Quantum DeFi Wrapper (QDW) technologies.
QCW pairs zero‑knowledge proofs with IronCAP™’s NIST‑approved PQC, enabling quantum‑resistant transactions on existing blockchains without requiring a new Layer 1 chain or validator network. QDW acts as a quantum‑safe circuit breaker for smart contracts by requiring a valid PQC signature before execution, helping protect Layer 1 tokens in scenarios where elliptic curve cryptography (ECC) signatures may no longer be reliable before or after a potential “Q‑Day.”
Using these technologies, 01 Quantum and qLABS created qONE, the first quantum‑resistant token and wallet on Hyperliquid (HYPE), with launch targeted for early February, 2026. As a natural extension, the Company also developed a protocol of using qONE as a “Quantum Gas Fee” utility token, allowing users to quantum‑lock and unlock existing holdings across HYPE, Ethereum, Solana, and other chains supporting smart contracts. Launch is planned for the March/April timeframe.
The commercial structure for this vertical includes upfront development fees, along with ongoing royalties and token‑sharing arrangements.
Quantum‑Safe AI Models – Commercial availability targeting SML’s in first phase.

Development continued on the Company’s Quantum AI Wrapper (QAW), designed to enable encrypted AI inference using full homomorphic encryption (FHE). When paired with IronCAP™, QAW forms a fully quantum‑safe AI service-pipeline designed to withstand today’s cyber threats while future‑proofing AI prompts and workloads against emerging quantum attacks.
This approach ensures both the user data and AI model remain fully encrypted at all times. The model processes only encrypted prompts and returns encrypted responses, so nothing is ever revealed, not even to the platform operator.
Commercial availability is planned in stages through 2026-2027 with the initial release to target Small Language Models (SLM) for the special purpose AI market requiring FHE.
Quantum‑Safe Email – Advanced commercialization efforts.

The Company advanced commercialization efforts for IronCAP X™ through its partnership with Turnium Technology Group Inc. Integration work expanded the product’s deployment footprint within TTGI’s service offerings and supported broader market exposure.
Corporate Rebranding – September 2025.

Shareholders approved the name change to 01 Quantum Inc., aligning the Company’s identity with its focus on quantum‑resilient cybersecurity technologies and reinforcing its long‑term strategic direction.
Financings – Strengthened financial position.

The Company completed three equity financings during the year, providing aggregate gross proceeds of $3,779,900. These financings strengthened the Company’s financial position and supported development and commercialization activities across multiple product verticals.
Financial Results:
The Company recorded higher revenue in both the fourth quarter 2025 and for the full fiscal year, supported by increased development activity across its PQC initiatives. Operating expenses increased in line with expanded development work and additional technical resources.
Fourth Quarter 2025
· Fourth quarter 2025 revenue of $434,724, compared to $82,155 in fourth quarter 2024.
· Fourth quarter 2025 IFRS loss and comprehensive loss of $352,453, compared to $97,698 in fourth quarter 2024.
· The adjusted loss for the fourth quarter 2025 was $130,825, compared to $63,306 in fourth quarter 2024. Adjusted loss, or cash burn, excludes non‑cash items such as stock‑based compensation and depreciation.
The significant increase in quarterly revenue was driven by development fees associated with PQC‑enabled applications across remote access, digital assets, and AI security. The increase in operating expenses reflects higher R&D activity, expanded development capacity, and stock‑based compensation of $220,157, which is a non‑cash charge. Excluding these non‑cash items, the Company’s cash operating expenditures remained consistent with its development and commercialization activities.
Fiscal 2025
· Fiscal 2025 revenue of $767,993, up from $412,948 in fiscal 2024.
· Fiscal 2025 IFRS loss and comprehensive loss of $1,126,086, compared to a loss of $318,790 in fiscal 2024.
· Adjusted loss for fiscal 2025 of $664,200, reflecting the Company’s modest cash burn.
· Fiscal 2025 cash operating expenses totaled $1,418,848.
· Non‑cash operating expenses totaled $461,886, primarily stock‑based compensation.
Revenue growth for the year was driven by development work across multiple PQC product verticals, including remote access, digital assets, and AI security. Operating expenses increased due to higher R&D expenditures, additional development personnel, and stock‑based compensation related to option grants issued during the year. The Company’s adjusted loss provides a clearer view of underlying cash expenditures by removing non‑cash items such as stock‑based compensation and depreciation.
Financial Position
As at October 31, 2025, the Company held cash and guaranteed investment certificates totaling $3,072,651, compared to $139,126 at October 31, 2024. The increase reflects the completion of three equity financings during the year and the Company’s ongoing focus on managing operating expenditures.
Other related developments from around the markets include:
Okta, Inc. just approved a share repurchase program with authorization to purchase up to $1 billion of its Class A Common Stock, effective immediately. This program underscores Okta’s confidence in its business, conviction in its significant long-term opportunities, and view that its shares are undervalued. In addition, the company just “delivered another quarter of solid results highlighted by continued strength with large customers, adoption of new products like Okta Identity Governance, and strong cash flow,” said Todd McKinnon, Chief Executive Officer and co-founder of Okta. “Our modern, neutral identity platform enables companies to safely build, manage, and govern every identity, including agents. Okta secures AI and we are excited about the recent launch of Auth0 for AI Agents. AI agents are redefining how organizations work, and Okta is key to securing this technology transformation. We are confident in our strategy and excited to carry this momentum into the fourth quarter and beyond.”
Check Point Software, a pioneer and global leader of cyber security solutions, today announced its new Check Point Quantum Firewall Software, R82.10, introducing 20 new capabilities designed to help enterprises safely adopt AI, protect distributed environments and simplify Zero Trust across hybrid networks. “As organizations embrace AI, security teams are under growing pressure to protect more data, more applications and more distributed environments,” said Nataly Kremer, Chief Product Officer at Check Point Software Technologies. “R82.10 helps enterprises shift to a prevention-first model by unifying management, strengthening Zero Trust and adding protections that support safe, responsible AI adoption and development.” Enterprises are rapidly increasing their use of AI tools and LLM development, expanding connectivity across users, branches and cloud environments. This creates new risks, including AI-generated threats, identity abuse and configuration drift. R82.10 addresses these challenges with unified, prevention-first capabilities that improve visibility, control and protection across hybrid mesh networks.
Palo Alto Networks, the global cybersecurity leader, today released its annual "State of Cloud Security Report 2025," exposing how AI is driving a massive expansion of the cloud attack surface. As cloud infrastructure grows to host the influx of AI workloads, it has become a critical target, with 99% of respondents reporting at least one attack on their AI systems within the past year. Simultaneously, the rise of GenAI-assisted vibe coding, used by 99% of respondents, is generating insecure code faster than security teams can review it. Of the 52% of teams that ship code weekly, only 18% are able to fix vulnerabilities at that pace, leaving unaddressed risks compounding rapidly across cloud environments. As noted by Elad Koren, Vice President of Product Management, Cortex, “As organizations aggressively scale cloud investments to power AI initiatives, they are inadvertently opening the door to sophisticated new attack vectors. Our research confirms that traditional approaches to cloud security are inadequate, leaving security teams to fight machine-speed threats with fragmented tools and slow, manual fix cycles. Teams need more than just dashboards highlighting risks they can never burn down; they must transform with an agentic-first platform that spans code to cloud to SOC to finally operate faster than the adversary."
Fortinet, the global cybersecurity leader driving the convergence of networking and security, today announced the Fortinet Secure AI Data Center solution, built in close collaboration with leading technology partner Arista Networks, deployed at Monolithic Power Systems (MPS). This solution unites best-of-breed networking and security to deliver a validated, scalable, zero-trust architecture for the AI data center. “AI infrastructure is advancing faster than most organizations can secure or operationalize it. By collaborating with industry leader Arista Networks, we’re delivering a secure AI data center architecture and integrated solution that brings security, performance, and operational simplicity together from day one. This alliance gives customers a validated blueprint to scale AI with confidence, without compromising protection or creating unnecessary complexity,” added Nirav Shah, Senior Vice President of Products and Solutions at Fortinet.

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