Quantum tech firm EigenQ to go public in $3 billion SPAC deal (opens original article in a new tab)

Quantum tech firm EigenQ is set to go public through a merger with Silicon Valley Acquisition, valuing the company at $3 billion. The deal focuses on post-quantum cryptography and quantum-safe communication networks to protect against future quantum computer attacks. The transaction is expected to close in the fourth quarter of this year.

• Quantum tech firm EigenQ to go public via merger with Silicon Valley Acquisition
• Deal values EigenQ at $3 billion, focusing on post-quantum cryptography and quantum-safe communication networks
• Technology aims to protect against future quantum computer attacks and ensure long-term data security