Quantum Xchange

Quantum Xchange is a provider of post-quantum cryptography and quantum-safe encryption solutions based in Bethesda, Maryland. The company flagship solution, Phio TX, is the only cryptographic management platform validated for both FIPS 203 (ML-KEM) under NIST CAVP Certificate number 6060 and FIPS 140-3 under NIST CMVP Certificate number 4850. Phio TX upgrades existing network infrastructure, including Cisco routers and SD-WAN environments, to quantum-safe encryption with no network downtime, no hardware replacement, and no performance degradation. The platform supports crypto-agility, allowing organizations to switch PQC algorithms via policy configuration as NIST standards evolve. Phio TX addresses harvest now, decrypt later threats and meets CNSA 2.0 migration requirements. The platform serves financial services, government, telecom, and SatCom industries with cloud, virtual container, and on-premises deployment options. Use cases include crypto diversification and PQC migration. Founded in 2018 and headquartered in Bethesda, United States, Quantum Xchange has raised approximately 23.5 million at the Series A stage with investors including New Technology Ventures, Enterprise Management Associates, Space Capital, and Wilmot Advisors.