Crypta Labs Present at the Centre for Defence Enterprise (CDE) Marketplace

London, United Kingdom, September 10, 2016 --(PR.com)-- London-based quantum and mobile security start-up Crypta Labs, which has received funding from the Centre for Defence Enterprise (CDE) to develop true random number generating (QRNG) technology, yesterday (Tuesday 6th September) presented demonstrable progress in their mission to secure the Internet of Things through enhanced encryption.

About the CDE Marketplace:
The Centre for Defence Enterprise (CDE) funds innovative research which could lead to a cost-effective capability advantage for UK armed forces and national security. It is part of UK Government’s MOD’s Defence Science and Technology Laboratory (Dstl). The CDE holds ‘marketplace’ events twice a year to showcase innovations from some of the CDE’s funding competitions to potential investors, from the defence market and wider, to increase the likelihood of exploitation. (Attendance at this event is by invite only to potential investors from the defence industry and other areas, plus wider government). The marketplace event was opened by Harriett Baldwin MP, Minister for Defence Procurement.

About Quantum Random Number Generation (QRNG):
Data encryption relies on random numbers to encrypt and decrypt confidential communication. Using the quantum properties of light, the aim is to develop a Quantum Random Number Generator (QRNG) as an easy, cheap and unbreakable (military-grade) encryption solution.

Crypta Labs has produced a data processing algorithm to transform raw data from a sensor into random bit stream and has tested this on a sensor module; the next step is a prototype (to be miniaturised into a microchip), and integrate the optimised working parameters of sensors with the processing algorithm.

Joe Luong, CEO, Crypta Labs says, “CDE funding has allowed us to start work on this breakthrough research, which we wouldn’t have been able to do through traditional investment sources. It’s an amazing programme that enables start-up companies like ourselves to explore innovative and disruptive technologies. Support and funding from CDE has given us the credibility and traction needed to secure external investment.”

About Crypta Labs
Crypta Labs is a mobile security startup, developing a Quantum Random Number Generator; this is a true random number using the quantum property of light. Random numbers are used to seed encryption. Crypta Labs is the only company in the world, that they know of, which is commercialising the QRNG on a mobile device.
- Winner Cyber Security Awards for Cyber Security Startup of the Year 2015
- Finalist at the Citi Mobile Award Challenge 2015
- TechUK and InfoSec Top 10 Most Innovative Cybersecurity Startup 2015
- Cambridge Wireless Discovering Startups Finalist

For more information about the investment opportunity, please contact Joe Luong - Joe@cryptalabs.com

About CDE
Centre for Defence Enterprise (CDE) funds novel, high-risk, high-potential-benefit research. They work with the broadest possible range of science and technology providers, including academia and small companies, to develop cost-effective capabilities for UK armed forces and national security. CDE is part of Dstl.