Quantum tech firm EigenQ is set to go public through a merger with Silicon Valley Acquisition. The deal values EigenQ at approximately $3 billion. EigenQ specializes in cybersecurity systems designed to protect against future quantum computer attacks. This technology, known as post-quantum cryptography, will ensure long-term data security. The company also develops quantum-safe communication networks and advanced sensing technologies.

EigenQ and Silicon Valley Acquisition Corp. Announce Definitive Business Combination Agreement to Create a Publicly Traded Quantum Technology Company

EigenQ announced an agreement with Silicon Valley Acquisition Corp. that would take the quantum technology company public on Nasdaq.