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Launching Photonic Encryption for Data Security in the Post-Quantum Era with the CyberRidge All-Optical Stealth and Secured Solution for High-Speed Coherent Optical Communication

Objective

"The rise of quantum computing requires a post-quantum cybersecurity approach. By 2030, fully error-corrected quantum computers will be capable of overpowering commonly used traditional encryption protocols, creating a ""harvest now, decrypt later"" problem where hackers are storing encrypted data now, anticipating the ability to crack it later. Furthermore, enterprises use out-of-date systems, and mathematical encryption has many limitations when it comes to quantum computing. Post-quantum encryption (PQC) approaches might fail and cyberattacks cause great disruptions in the global economy. As cybersecurity advances, so does hacker technology to compromise it.
Now is the right time for a paradigm change from mathematics to photonics solutions like CyberRidge, as we provide the only commercially-available photonic encryption solution to protect data from cybersecurity attacks for post-quantum computing.
Our Carmel device is the only “record-proof encryption” solution in the world that can solve the ""harvest now, decrypt later"" problem, as all data is protected and there is nothing to hack. CyberRidge’s Carmel product, a fiber-optics communication system for datacom and telecom, supports optical links of 80-100km at speeds of 100+ Gbps. Key features include data harvesting immunity, optical key encoding, stealth transmission, metadata elimination, product-level security, and network compatibility.
We founded CyberRidge Ltd. in 2021 in Israel and target a €9B market (optical encryption plus quantum cryptography market comparable to photonic encryption) with a direct pricing model.
Our team of 15 experts, led by CEO Prof. Dan Sadot and CTO Dr. Eyal Wohlgemuth, has a gender balance of 28% in leadership and 27% across the team.
CyberRidge aligns with the EU's second quantum revolution, supporting the development of a quantum ecosystem and responding to the EIC Challenge “Enabling the Smart Edge and Quantum Technology Components” by securing post-quantum communication."

Keywords

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC - HORIZON EIC Accelerator

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2024-ACCELERATOR-02

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Coordinator

CYBERRIDGE LTD
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 488 500,00
Address
AZRIELI SARONA TOWER, 121 DERECH BEGIN
6701203 TEL AVIV
Israel

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

No data
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