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Energy Plug Technologies Corp
Symbol PLUG
Shares Issued 97,924,904
Close 2025-02-03 C$ 0.165
Market Cap C$ 16,157,609
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Energy Plug signs MOU with Quantum Emotion

2025-02-04 10:11 ET - News Release

Mr. Paul Dickson reports

ENERGY PLUG TECHNOLOGIES PARTNERS WITH QUANTUM EMOTION TO SECURE ENERGY INFRASTRUCTURE WITH QUANTUM ENCRYPTION

Energy Plug Technologies Corp. has entered a memorandum of understanding (MOU) with Quantum Emotion Corp. to integrate quantum encryption technology into Energy Plug's advanced energy storage and management solutions.

With the increasing digitalization of power grids, cybersecurity has become a major challenge for energy storage, AI-driven (artificial intelligence) infrastructure and distributed energy systems. Through this partnership, Energy Plug will integrate Quantum Emotion's quantum-secure encryption into its battery energy storage systems (BESS), inverters and energy management platforms, ensuring a new level of resilience and protection against cyber threats.

"The future of energy is increasingly smart, decentralized and interconnected, bringing both opportunities and critical cybersecurity challenges," said Paul Dickson, chief executive officer of Energy Plug Technologies. "In collaboration with Quantum Emotion, we are integrating advanced quantum encryption into our energy systems to fortify critical infrastructure against evolving cyber threats. This strategic initiative ensures our customers benefit from the highest level of security, reliability and resilience in energy management."

"Energy infrastructure is a prime target for cyber threats, and conventional security measures are no longer enough," said Francis Bellido, chief executive officer of Quantum Emotion. "By embedding quantum encryption directly into energy management systems, we are setting a new standard for data protection in the energy sector."

This partnership represents a significant advancement in energy security, with applications across utilities, microgrids, AI-powered data centers, defence and critical infrastructure. As the demand for secure and efficient energy solutions grows, Energy Plug's collaboration with Quantum Emotion is expected to create new opportunities in both domestic and international markets.

"The energy sector is increasingly recognizing cybersecurity as the greatest current risk to their business, with 65 per cent of energy professionals acknowledging this concern," according to a recent report by DNV Cyber.

About Energy Plug Technologies Corp.

Energy Plug Technologies is an energy technology company dedicated to innovation and sustainability. With a focus on energy storage applications for residential, commercial and utility sectors, the company advances battery technologies to enhance energy management and grid resiliency. Based in British Columbia, Energy Plug partners with leading technology companies and indigenous communities to deliver solutions.

We seek Safe Harbor.

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