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Telsy Has Completed Purchase of Minority Stake in Quantum Telecommunications Italy (QTI)

By IQT News posted 03 Aug 2021

(MarketScreener) Telsy, a TIM Group company specialized in cybersecurity, has completed its purchase of a minority stake in Quantum Telecommunications Italy (QTI), a startup company operating in the optical fibre and emerging technologies quantum communications sector. The startup was established last October as a spin-off of the Consiglio Nazionale delle Ricerche (CNR) within the Istituto Nazionale di Ottica (INO) in Florence.

NOTE: Telsy, a TIM group company, has devised and implemented information security solutions for 50 years. Over the years the company has specialised in the implementation of cybersecurity systems, establishing itself as a point of reference for the national defence and security sector.  The TIM Group operates the world’s largest end-to-end trade ideas network (TIM).

Telsy’s purchase of a stake in QTI is an important step in the field of design, development and production of quantum communications for the public and private sectors and the world of academia and research. The startup’s mission is to exploit the new frontiers of physics, such as quantum mechanics, to ensure even more efficient, secure and faster communications that allow connections to be made between devices such as computers and quantum sensors.
QTI is a state-of-the-art company in the world of quantum communications and in the construction and installation of Quantum Key Distribution (QKD) systems. Applied to the telecommunications market, this technology allows increasingly cutting-edge cryptographic circuits to be created which rely on optical fibre communication architectures.

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