Quantum Computing Inc. (QUBT) saw its stock soar 12.2% in the Friday pre-market trading session, outperforming the broader market. The surge came after the company announced its collaboration with the OISTE.ORG Foundation to develop the next generation of Post-Quantum Cryptography Root of Trust (Quantum RootCA), an advanced cryptographic solution designed to secure digital identities, systems, and communications against the threat posed by quantum computing.

The Quantum RootCA employs Post-Quantum Cryptography (PQC) algorithms, such as CRYSTALS-Dilithium and FALCON, to protect against the vulnerabilities of traditional encryption methods like RSA and ECC, which can be broken by quantum computers. By leveraging these algorithms, the Quantum Root Key ensures that encryption remains secure even as quantum computing technology evolves.

The launch of the Quantum RootCA is expected as early as Q1 2025, which has boosted investor confidence in Quantum Computing Inc.'s prospects. The company's focus on developing cutting-edge quantum cryptography solutions positions it well to capitalize on the growing demand for secure communication and data protection in the era of quantum computing.