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QEYnet was founded in 2016 by spacecraft engineers and quantum communication experts who have built their careers designing low-cost, high-performance spacecraft and ultra-robust QKD technology, respectively. Their combined experience, network partnerships, licenses, and IP position QEYnet to offer first-to-market space-based QKD, using novel techniques, at disruptive cost. On the satellite side, our spacecraft engineering cofounders are experts in the "Newspace" approach to building spacecraft that has recently revolutionized the space industry, allowing private industry to execute missions that would have previously only been possible for large government-funded programs. This methodology allows the production of spacecraft more quickly and inexpensively than ever before, and has recently allowed unprecedented access to space for a variety of missions. QEYnet will capitalize on this Newspace revolution to build our constellation of QKD satellites. Our QKD expertise is led by Dr. Thomas Jennewein from the University of Waterloo's Institute for Quantum Computing. His group is world-leading in the development of QKD payloads for satellites made possible through over $7M of funding, provided primarily by the Canadian government.

QEYnet Questions

The QEYnet annual revenue was $2 million in 2026.

7 people are employed at QEYnet.

QEYnet is based in Toronto, Ontario.

The NAICS codes for QEYnet are [9271, 92, 92711, 927].

The SIC codes for QEYnet are [966, 96].

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