Taiwan’s Jmem Tek is accelerating the race against quantum threats with its innovative cybersecurity hardware. Founded in October 2022 by graduates of National Chiao Tung University, the company quickly transformed from a university startup into a significant player in the defense sector. Within three years, Jmem Tek secured contracts with local drone manufacturers and, consequently, attracted attention from European defense firms.
Moreover, the company employs a diverse team of 40 experts, including veterans from Taiwan’s top universities and engineers from India, Europe, and the US. Jmem Tek operates offices across Taiwan, Singapore, and Europe. Impressively, it generates millions of US dollars annually, with more than 70% of its revenue coming from the US market.
In addition, defense-related projects now contribute over 30% of Jmem Tek’s sales. The company also plans to broaden its focus to unmanned vehicles and humanoid robots. The CEO set an ambitious goal: to surpass NT$3 billion (about US$100 million) in yearly revenue within five years.
Furthermore, Jmem Tek has raised NT$179.6 million and secured backing from the US accelerator Silicon Catalyst. Notably, it stands out as the only Taiwanese company chosen by this prestigious program. The firm, therefore, intends to raise more funds to support its expansion.
The rising demand for non-Chinese defense supply chains fuels Jmem Tek’s growth in Europe and beyond. The CEO highlighted that the company is building a fully domestic encrypted chip supply chain in Taiwan. To achieve this, it works closely with leading foundries, packaging, and testing partners.
At the end of 2024, Jmem Tek introduced a post-quantum cryptography chip based on Physical Unclonable Function (PUF) technology. This chip acts like a hardware “biometric” for computers, hiding encryption keys and integrating post-quantum cryptography algorithms. Consequently, it protects data at the hardware level to resist attacks from quantum computers.
The CEO warned that quantum computers could soon break current encryption methods. As a result, hackers might steal and decrypt sensitive information. Thus, global efforts to migrate to post-quantum cryptography have become urgent.
Additionally, Jmem Tek’s chip passed rigorous US standards, including FIPS 203, FIPS 204, and FIPS 140-3 certifications. The CEO stressed that defeating quantum threats requires coordinated action. Specifically, this action must include standards, hardware and software updates, and complete system integration.
In summary, Jmem Tek is a rising force in the race against quantum threats, offering advanced hardware solutions to secure future communications and defense systems. Therefore, the company’s rapid growth and strong partnerships position it well to lead this critical global effort.
