Tuesday, February 4, 2025

Quantum Encryption Breakthrough: Energy Storage Giant Tackles Power Grid Cyber Threats

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Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) has signed an MOU with Quantum eMotion Corp. to integrate quantum encryption technology into Energy Plug’s energy storage and management solutions. The partnership aims to address cybersecurity challenges in digitalized power grids by incorporating Quantum eMotion’s quantum-secure encryption into battery energy storage systems (BESS), inverters, and energy management platforms.

The collaboration focuses on protecting critical infrastructure against cyber threats, with applications across utilities, microgrids, AI-powered data centers, defense, and critical infrastructure. According to a DNV Cyber report, 65% of energy professionals identify cybersecurity as their industry’s greatest current risk. This strategic initiative is expected to create new opportunities in both domestic and international markets by setting new standards for data protection in the energy sector.

Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) ha firmato un MOU con Quantum eMotion Corp. per integrare la tecnologia di crittografia quantistica nelle soluzioni di stoccaggio e gestione dell’energia di Energy Plug. L’obiettivo della partnership è affrontare le sfide della cybersicurezza nelle reti elettriche digitalizzate, incorporando la crittografia quantistica sicura di Quantum eMotion nei sistemi di stoccaggio dell’energia su batteria (BESS), negli inverter e nelle piattaforme di gestione dell’energia.

La collaborazione si concentra sulla protezione delle infrastrutture critiche dalle minacce informatiche, con applicazioni in vari settori tra cui le utility, le microreti, i centri dati alimentati da AI, la difesa e le infrastrutture critiche. Secondo un rapporto di DNV Cyber, il 65% dei professionisti del settore energetico identifica la cybersicurezza come il maggiore rischio attuale della loro industria. Questa iniziativa strategica è destinata a creare nuove opportunità sia nei mercati nazionali che internazionali, stabilendo nuovi standard per la protezione dei dati nel settore energetico.

Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) ha firmado un MOU con Quantum eMotion Corp. para integrar la tecnología de cifrado cuántico en las soluciones de almacenamiento y gestión de energía de Energy Plug. La asociación tiene como objetivo abordar los desafíos de ciberseguridad en las redes eléctricas digitalizadas al incorporar el cifrado cuántico seguro de Quantum eMotion en los sistemas de almacenamiento de energía en baterías (BESS), los inversores y las plataformas de gestión energética.

La colaboración se centra en la protección de infraestructuras críticas contra amenazas cibernéticas, con aplicaciones en servicios públicos, microredes, centros de datos impulsados por IA, defensa e infraestructuras críticas. Según un informe de DNV Cyber, el 65% de los profesionales de la energía identifica la ciberseguridad como el mayor riesgo actual de su industria. Esta iniciativa estratégica se espera que genere nuevas oportunidades tanto en mercados nacionales como internacionales al establecer nuevos estándares para la protección de datos en el sector energético.

Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF)은 Quantum eMotion Corp.와 양자 암호화 기술을 Energy Plug의 에너지 저장 및 관리 솔루션에 통합하기 위한 MOU를 체결했습니다. 이 파트너십의 목표는 양자 eMotion의 양자 암호화를 배터리 에너지 저장 시스템 (BESS), 인버터 및 에너지 관리 플랫폼에 통합하여 디지털화된 전력망의 사이버 보안 문제를 해결하는 것입니다.

협력은 공공 시설, 마이크로그리드, AI 기반 데이터 센터, 방위 및 중요한 인프라를 포함한 사이버 위협으로부터 중요한 인프라를 보호하는 데 주력합니다. DNV Cyber 보고서에 따르면, 에너지 전문가의 65%가 사이버 보안을 그들의 산업에서 가장 큰 현재의 위험으로 인식하고 있습니다. 이 전략적 이니셔티브는 에너지 분야에서 데이터 보호를 위한 새로운 기준을 설정함으로써 국내 및 국제 시장 모두에서 새로운 기회를 창출할 것으로 기대됩니다.

Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) a signé un protocole d’accord avec Quantum eMotion Corp. pour intégrer la technologie de cryptage quantique dans les solutions de stockage et de gestion de l’énergie d’Energy Plug. L’objectif du partenariat est de s’attaquer aux défis de la cybersécurité dans les réseaux électriques numérisés en intégrant le cryptage sécurisé quantique de Quantum eMotion dans les systèmes de stockage d’énergie par batterie (BESS), les onduleurs et les plateformes de gestion énergétique.

La collaboration se concentre sur la protection des infrastructures critiques contre les menaces cybernétiques, avec des applications dans les services publics, les micro-réseaux, les centres de données alimentés par IA, la défense et les infrastructures critiques. Selon un rapport de DNV Cyber, 65 % des professionnels de l’énergie identifient la cybersécurité comme le principal risque actuel de leur secteur. Cette initiative stratégique devrait créer de nouvelles opportunités sur les marchés nationaux et internationaux en établissant de nouvelles normes pour la protection des données dans le secteur de l’énergie.

Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) hat ein MOU mit Quantum eMotion Corp. unterzeichnet, um Quantenverschlüsselungstechnologie in die Energie-speicher- und Managementlösungen von Energy Plug zu integrieren. Ziel der Partnerschaft ist es, die Herausforderungen der Cybersicherheit in digitalisierten Stromnetzen anzugehen, indem Quanten eMotion’s quantum-sichere Verschlüsselung in Batteriespeichersysteme (BESS), Wechselrichter und Energiemanagementplattformen integriert wird.

Die Zusammenarbeit konzentriert sich auf den Schutz kritischer Infrastrukturen vor Cyberbedrohungen, mit Anwendungen in Versorgungsunternehmen, Mikronetzen, KI-gesteuerten Rechenzentren, Verteidigung und kritischen Infrastrukturen. Laut einem Bericht von DNV Cyber identifizieren 65 % der Energieexperten die Cybersicherheit als das größte aktuelle Risiko in ihrer Branche. Diese strategische Initiative wird voraussichtlich neue Chancen sowohl auf nationalen als auch auf internationalen Märkten schaffen, indem neue Standards für den Datenschutz im Energiesektor gesetzt werden.

Positive


  • Strategic partnership to enhance cybersecurity in energy infrastructure

  • Integration of quantum encryption into existing product line

  • Potential market expansion in domestic and international markets

  • Addressing a critical industry need with 65% of professionals citing cybersecurity as top risk

Negative


  • MOU status indicates preliminary agreement, not final contract

  • Implementation timeline and costs not specified

  • No financial terms disclosed











Vancouver, British Columbia–(Newsfile Corp. – February 4, 2025) – Energy Plug Technologies Corp. (CSE: PLUG) (OTCQB: PLGGF) (FSE: 6GQ) has entered a Memorandum of Understanding (MOU) with Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE:34Q0) to integrate quantum encryption technology into Energy Plug’s advanced energy storage and management solutions.

With the increasing digitalization of power grids, cybersecurity has become a major challenge for energy storage, AI-driven infrastructure, and distributed energy systems. Through this partnership, Energy Plug will integrate Quantum eMotion’s quantum-secure encryption into its battery energy storage systems (BESS), inverters, and energy management platforms, ensuring a new level of resilience and protection against cyber threats.

“The future of energy is increasingly smart, decentralized, and interconnected, bringing both opportunities and critical cybersecurity challenges,” said Paul Dickson, CEO of Energy Plug Technologies. “In collaboration with Quantum eMotion, we are integrating advanced quantum encryption into our energy systems to fortify critical infrastructure against evolving cyber threats. This strategic initiative ensures our customers benefit from the highest level of security, reliability, and resilience in energy management.”

“Energy infrastructure is a prime target for cyber threats, and conventional security measures are no longer enough,” said Francis Bellido, CEO of QeM. “By embedding quantum encryption directly into energy management systems, we are setting a new standard for data protection in the energy sector.”

This partnership represents a significant advancement in energy security, with applications across utilities, microgrids, AI-powered data centers, defense, and critical infrastructure. As the demand for secure and efficient energy solutions grows, Energy Plug’s collaboration with Quantum eMotion is expected to create new opportunities in both domestic and international markets.

“The energy sector is increasingly recognizing cybersecurity as the greatest current risk to their business, with 65% of energy professionals acknowledging this concern,” according to a recent report by DNV Cyber. https://www.dnv.com/cyber/insights/news/energy-companies-boosting-investment-in-cybersecurity-arms-race-to-manage-the-greatest-risk-to-the-industry-today/

About Quantum eMotion Corp.

The Company’s mission is to address the growing demand for affordable hardware and software security for connected devices. QeM has become a pioneering force in classical and quantum cybersecurity solutions thanks to its patented Quantum Random Number Generator, a security solution that exploits the built-in unpredictability of quantum mechanics and promises to provide enhanced protection for high-value assets and critical systems.

About Energy Plug Technologies Corp.

Energy Plug Technologies Corp. is an energy technology company dedicated to innovation and sustainability. With a focus on energy storage applications for residential, commercial, and utility sectors, the company advances battery technologies to enhance energy management and grid resiliency. Based in British Columbia, Energy Plug partners with leading technology companies and Indigenous communities to deliver solutions. For more information, visit https://energyplug.com.

Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “will”, “proposes”, “expects”, “estimates”, “intends”, “anticipates” or “believes”, “aim”, or variations (including negative and grammatical variations) of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding any objectives and strategies of the Company) are forward-looking information.
The forward-looking information in this news release includes but is not limited to the statements about the benefits and availability of the BESS Mining Rig Containers, future sales, developing and construction of the Malahat Battery Plant and other large scale energy projects, production and sale of cutting-edge battery systems to AI and blockchain companies, utilities and other customers.

The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various risk factors, including, but not limited to obtaining financing, ability to build the battery assembly factory on Vancouver Island, ability to secure suppliers of batteries and obtaining batteries at desired prices, supply chain disruptions, changing government plans, policies regarding clean energy, batteries, electric vehicles and other electric transportation devices, elimination or reduction of government subsidies for electric vehicles and other electric transportation devices, solar panels, and wind power installations; changes in the Canadian and/or the U.S Government policies, rules and regulations, and potential war conflicts which may disrupt supply of the components required to produce batteries.

The material assumptions used to develop forward-looking information include, but not limited to general business and economic conditions, financial markets conditions, the Company’s ability to fund its operations through financings and joint ventures, procurement of consulting, technical and related services and supplies on favourable terms, attraction and retention of key staff members, market demand for the Company’s products, growth prospects in the market for its products, accessibility of raw materials and battery pack supplies to meet market demand, facility profitability, the anticipated terms of the consents, permits and authorizations necessary to carry out the planned operations and the Company’s ability to comply with such terms on a cost-effective basis, and the ongoing relations with the industry regulators.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intention to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Investment in the securities of the Company is risky.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/239539








FAQ



What is the purpose of Energy Plug Technologies’ (PLGGF) partnership with Quantum eMotion?


The partnership aims to integrate quantum encryption technology into Energy Plug’s energy storage and management solutions to enhance cybersecurity for power grids and critical infrastructure.


Which products will be enhanced with quantum encryption under PLGGF’s new partnership?


The quantum encryption will be integrated into Energy Plug’s battery energy storage systems (BESS), inverters, and energy management platforms.


What market sectors will benefit from PLGGF’s quantum encryption integration?


The technology will benefit utilities, microgrids, AI-powered data centers, defense, and critical infrastructure sectors.


What percentage of energy professionals consider cybersecurity as their top industry risk?


According to the DNV Cyber report, 65% of energy professionals identify cybersecurity as the greatest current risk to their industry.


When did Energy Plug Technologies (PLGGF) announce their quantum encryption partnership?


Energy Plug Technologies announced the partnership through an MOU on February 4, 2025.





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