Cryptography takes a quantum leap
A four-year-old start-up has begun shipments of what it says are the world's first commercial data-scrambling devices that use the radically new technology of quantum encryption.
Magiq Technologies, a privately held firm based in New York City, said this week it is selling Navajo Secure Gateway for between $50,000 and $100,000 a unit. It uses a combination of quantum cryptography and traditional cryptography to provide a virtual private network (VPN), running over fibre-optic cable, that's designed to be completely secure against all eavesdroppers.