Quantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Quantum Base is focused on the development and application of its patented Q-ID solution — unbreakable and non-replicable authenticity tags that can be applied to a wide array of products, significantly reducing counterfeiting. By harnessing the randomness inherent at the atomic level, Q-ID tags are practically impossible to replicate, even with the most advanced technology available. Q-IDs can be easily integrated with common printing methods and quickly authenticated with a smartphone, providing easy verification and proven security for global brands, governments and consumers.
Counterfeiting is estimated to cost businesses and tax authorities $2.8 trillion in lost revenue annually. Traditional solutions such as holograms, taggants and security inks are often susceptible to replication, expensive to produce or require specialized reading technology that is not readily available to the average consumer or manufacturer. Quantum Base’s atomic-level anti-counterfeit Q-ID solution can be deployed across a wide range of end markets without requiring changes in existing consumer behavior or additional hardware or infrastructure.
Oaklins Cavendish, one of Oaklins’ member firms in the UK, is pleased to have supported Quantum Base Holdings plc on its successful IPO. Their admission to AIM follows a US$6.4 million (£4.8 million) fundraising and is another major step in commercializing this ground-breaking IP. This marks Oaklins Cavendish’s third IPO in less than four months, following the admissions of Amcomri Group plc in December and RC Fornax in February — a strong run that underscores the importance of UK public markets for high-growth businesses.
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