Redwood AI acquires Quantum.IQ to enhance quantum cybersecurity. Learn about the post-quantum cryptography platform and its impact on defense, finance, and criticalRedwood AI acquires Quantum.IQ to enhance quantum cybersecurity. Learn about the post-quantum cryptography platform and its impact on defense, finance, and critical

Redwood AI Corp. Signs Letter of Intent to Acquire Quantum Cybersecurity Firm Quantum.IQ

2026/05/29 21:26
2 min read
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Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) (WKN: A422EZ) announced it has entered into a non-binding letter of intent to explore the acquisition of Vancouver-based Quantum.IQ, an AI-driven quantum cybersecurity company focused on helping organizations prepare for emerging quantum-enabled cyber threats. Quantum.IQ’s post-quantum cryptography platform is designed to assist government, defense, financial services and critical infrastructure organizations in assessing cryptographic vulnerabilities, planning migration to quantum-resistant security systems and monitoring ongoing cybersecurity readiness.

Under the proposed transaction, Redwood would acquire all outstanding shares of Quantum.IQ in exchange for up to 14 million Redwood common shares, including milestone-based consideration, with all shares subject to a staged escrow release schedule over 24 months. The acquisition remains subject to due diligence, definitive agreements, regulatory approvals and other customary closing conditions. Redwood said the addition of Quantum.IQ could expand its capabilities in cryptographic intelligence, quantum-readiness assessment and cybersecurity planning, complementing its broader focus on artificial intelligence and advanced computational technologies.

The move comes as quantum computing advances threaten to break current encryption standards, making post-quantum cryptography a growing priority for governments and industries handling sensitive data. Quantum.IQ’s platform addresses this by helping organizations identify cryptographic vulnerabilities and plan migration to quantum-resistant systems. For Redwood AI, which uses AI to accelerate chemistry R&D and defense solutions, the acquisition would add a cybersecurity dimension to its portfolio.

To view the full press release, visit https://ibn.fm/D0lb6.

About Redwood AI Corp.: Redwood AI uses advanced artificial intelligence to accelerate chemistry R&D, with the aim of assisting in drug discovery and development, and furthering defense and safety solutions. The Company combines expertise in chemistry, AI, and manufacturing to streamline drug synthesis and scale-up. Redwood AI’s platform is designed to enable faster, more efficient development of new therapies and chemistry-driven applications. For more information go to https://redwoodai.com/.

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This news story relied on content distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is Redwood AI Corp. Signs Letter of Intent to Acquire Quantum Cybersecurity Firm Quantum.IQ.

The post Redwood AI Corp. Signs Letter of Intent to Acquire Quantum Cybersecurity Firm Quantum.IQ appeared first on citybuzz.

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