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State: 02.04.2025 | 5PM
Tue, 18.03.2025       Alphabet
US02079K1079

Equity Insider News Commentary

Issued on behalf of Scope Technologies Corp.

VANCOUVER, BC, March 18, 2025 /CNW/ -- Equity Insider News Commentary – Whether quantum computing becomes a commercial reality in the near future or remains years away, the threat it poses to current encryption methods is undeniable, making quantum security a growing priority. A recent McKinsey report highlights the rapid expansion of quantum computing investments, emphasizing the critical need for post-quantum cryptography to safeguard sensitive data. Analysts project the quantum communication market to grow at a 23-25% CAGR, reaching $14.9 billion by 2035, with post-quantum cryptography making up $2.4 billion to $3.4 billion of that total. As a result, investors are increasingly focusing on both quantum computing developers and the companies working to protect against its risks, including Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Palo Alto Networks (NYSE: PANW), Alphabet, Inc. (Google) (NASDAQ: GOOG, GOOGL), Cisco Systems (CSCO), and WISeKey International Holding AG (NASDAQ: WKEY).

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