Qrypt
Qrypt is a New York-based quantum cybersecurity company that builds quantum entropy generation and the patented BLAST protocol for distributing identical encryption keys across multiple endpoints without key transmission. It serves federal agencies, financial institutions, telecom carriers, and AI infrastructure operators through API subscriptions, hardware appliances, and enterprise SDK deployments.
- Company typePrivate
- Founded2017
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Qrypt does
Qrypt is a privately-held quantum-secure cybersecurity company founded in 2017 and headquartered at One World Trade Center in New York. It builds cryptographic infrastructure that generates identical encryption keys independently at multiple endpoints using quantum-derived randomness, eliminating the transmission of key material across networks. The company was co-founded by CEO Kevin Chalker and CTO Denis Mandich, a 20-year US Intelligence Community veteran who is a founding member of the Quantum Economic Development Consortium (QED-C) and the NSF-funded Mid-Atlantic Quantum Alliance.
The company's core technology stack rests on two pillars. First, quantum random number generation (QRNG) via homodyne laser interferometry, sourced through exclusive partnerships with Oak Ridge and Los Alamos National Laboratories and delivered either as a cloud REST API (Quantum Entropy-as-a-Service), on-premises hardware (Quantum Entropy Appliance, ~1,500 Mb/s), or injected into HSMs and system entropy pools via Qseed and rng-tools. Second, the patented BLAST protocol, which mathematically derives identical symmetric keys at distributed endpoints from shared quantum entropy seeds, enabling viable one-time-pad encryption that is mathematically proven unbreakable regardless of future quantum computing advances. The product portfolio extends to a Quantum-Secure IPsec Gateway (hybrid PQC + BLAST via strongSwan), Digital Quantum Key Distribution (DQKD) over standard internet infrastructure compliant with ETSI GS QKD 014, Q-Isolate for air-gapped deployments, and a C/C++ SDK with four-line integration.
Qrypt monetizes through three streams: subscription-based API access for entropy services, one-time hardware appliance sales for air-gapped deployments, and multi-year enterprise agreements for fleet deployments, SDK licensing, and integration support. Pricing is quote-based and not publicly disclosed. Go-to-market combines direct enterprise and federal field sales (NIST PQC, H.R. 7535, NSM-8, NSM-10 alignment) with product-led developer adoption via free trial tokens, GitHub repositories, and conference demonstrations. Customer segments span federal agencies, financial institutions, telecom carriers, AI/ML operators, and enterprises with long-term data protection needs; named commercial partners include NVIDIA, Fortanix, SHI International, Megaport, PANTHEON.tech, and AIC Inc.
Qrypt firmographics
Firmographics- Name
- Qrypt
- Legal name
- Qrypt Inc.
- Website
- https://qrypt.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Qrypt is a New York-based quantum cybersecurity company that builds quantum entropy generation and the patented BLAST protocol for distributing identical encryption keys across multiple endpoints without key transmission. It serves federal agencies, financial institutions, telecom carriers, and AI infrastructure operators through API subscriptions, hardware appliances, and enterprise SDK deployments.
- Ownership category
- akta.pro rank
Qrypt industry classification
Industry- Product category
- Quantum-Safe Encryption Software
- NAICS
- Security Systems Services (except Locksmiths) (561621)
- SIC
- Computer Communications Equipment (3576)
- akta.pro primary industry
- Quantum-Secure Network & Transport Encryption (VPN/TLS/IPsec/MACsec) (HDAGAGAF)
- akta.pro secondary industries
- Quantum-Safe Secure Messaging & Data-in-Transit Protection (HDAGAGAH), Quantum-Safe Cryptographic Algorithms & Protocols (PQC) (HDAGAGAC), Quantum Cryptography & Post-Quantum/Quantum-Safe Security Research (HDAGAMAI)
Keywords
Where Qrypt is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Qrypt business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations, Infrastructure
Revenue model
- Quantum Entropy-as-a-Service Subscription: Cloud-based quantum entropy service delivered via REST API with subscription access tokens. Customers pay monthly access fees based on usage tiers with entropy quotas. Pricing varies by quota size with pay-as-you-go excess usage charges.
- Quantum Entropy Appliance Sales: On-premises hardware appliance sales for customers requiring local quantum entropy generation without network connectivity. One-time purchase of server with QRNG cards for air-gapped deployments.
- Quantum-Secure Gateway/SDK Licensing: SDK licensing for distributed key generation and IPsec gateway integration. Professional services for enterprise fleet deployments and architecture reviews. Enterprise agreements with custom pricing for large-scale deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | API subscription with monthly entropy quota |
| One time/ perpetual license | Multi-year contract | On-premises Quantum Entropy Appliance |
| Hybrid | Multi-year contract | Enterprise fleet deployments |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Qrypt product offering
Product offeringCore offering
Qrypt sells a quantum-secure encryption platform that generates identical symmetric encryption keys independently at multiple endpoints using quantum entropy, so key material is never transmitted across networks. Offerings include a cloud Quantum Entropy-as-a-Service REST API, an on-premises Quantum Entropy Appliance with QRNG cards, a Quantum-Secure IPsec Gateway, Digital Quantum Key Distribution, an air-gapped Q-Isolate solution, and a C/C++ SDK for developers and OEMs.
Product overview
Qrypt offers a quantum-secure encryption platform centered on its patented BLAST (BLind source of Asymmetric Seeds Transformed) protocol, which generates identical encryption keys independently at multiple endpoints using quantum entropy without transmitting key material. The platform consists of Quantum Entropy-as-a-Service (cloud-based QRNG via REST API), the Quantum Entropy Appliance (on-premises QRNG hardware), Quantum-Secure IPsec Gateway, Digital Quantum Key Distribution (DQKD), Q-Isolate (air-gapped solution), and the Qrypt SDK. Supporting tools include RNG Tools for system entropy injection and Qseed for PKCS#11 HSM seeding. All products leverage NIST-endorsed post-quantum cryptography combined with true quantum randomness to protect against both classical and quantum-era threats.
Differentiator
Problem solved
Functional benefit
Products and services
- Quantum Entropy-as-a-Service
Quantifiable outcome
- 926 Mbps VPN throughput with <1% overhead compared to classical encryption when using hybrid PQC (ML-KEM + DH + BLAST) on NVIDIA Jetson Orin
- +2 more outcomes
Companies that use Qrypt
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles6 records
Qrypt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature8 records
Qrypt partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major, minor and strategic.
- Oak Ridge National Laboratory (ORNL)coreExclusive partnership for quantum random number generator (QRNG) development. Qrypt's quantum entropy sources built in partnership with ORNL, delivering scientifically validated quantum randomness for encryption. ORNL is US Department of Energy national laboratory focused on scientific discoveries for energy and national security solutions.
- Los Alamos National Laboratory (LANL)coreExclusive partnership for quantum technology development. Qrypt's quantum entropy sources built in partnership with LANL, leveraging their expertise in solving national security challenges through scientific excellence. LANL is renowned for quantum computing and cryptography research.
- NVIDIAcoreQrypt integrated BLAST encryption protocol and quantum-entropy key generation with NVIDIA Jetson edge AI platforms (Orin Nano, Orin Thor) for robotics and autonomous systems. Extended to NVIDIA BlueField-4 DPUs for quantum-secure AI workloads. Solution built on NVIDIA DOCA framework and demonstrated at GTC Conference.
- AIC Inc.majorAIC showcases Qrypt's quantum entropy-based key generation technology in their TB116 platform for cybersecurity, AI-driven surveillance, and compliance-driven enterprise storage deployments at RSA Conference 2026.
- SHI InternationalmajorSHI partnered with Qrypt to enable testing of quantum-secure gateway with NVIDIA BlueField-4 DPUs. SHI provides distribution and testing capabilities for Qrypt's enterprise quantum security solutions.
- FortanixmajorFortanix integrated Qrypt's quantum entropy sources into Data Security Manager (DSM) product, providing multi-sourced entropy capability for enterprise cryptographic resilience. Part of Fortanix's crypto-agility platform.
- PANTHEON.techmajorQrypt and PANTHEON.tech published qp-vpp, an open-source integration of Qrypt's BLAST quantum-safe encryption protocol with VPP (Vector Packet Processing), the high-performance data plane underlying SONiC networks. Enables WireGuard tunnels where session keys are never transmitted between endpoints.
- QusideminorCTO Denis Mandich serves as former board member of Quside, a quantum chip manufacturer. Quside is described as passionate team of photonic engineers and quantum researchers.
- MegaportstrategicTechnology partnership where Megaport leverages Qrypt's quantum-secure technology to significantly fortify global network security. Partnership gives Megaport customers immediate safeguard against quantum threats, mitigating risks within diverse cloud environments.
- Quantum Economic Development Consortium (QED-C)coreCTO Denis Mandich is founding member of QED-C, which enables and grows a robust commercial quantum-based industry and associated supply chain in the United States. Qrypt is an active participant in consortium activities.
- Mid-Atlantic Quantum Alliance (MQA)coreCTO Denis Mandich is founding member of NSF-funded Mid-Atlantic Quantum Alliance. Qrypt participates in quantum technology advancement ecosystem.
- NSF IUCRC Center for Quantum TechnologycoreCTO Denis Mandich serves as industry advisor to first NSF-IUCRC-funded Center for Quantum Technologies. Qrypt engaged in academic research collaboration.
- Quantum Startup FoundrycoreCTO Denis Mandich serves as advisor to Quantum Startup Foundry, supporting quantum technology startup ecosystem development.
- Ecole Polytechnique Federale de Lausanne (EPFL)strategicPartnership with EPFL, one of Europe's most vibrant and cosmopolitan science and technology institutions located in Switzerland. Qrypt collaborates on quantum technology research.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
Qrypt competitors and assessment
Company assessmentDirect peers
- SandboxAQ: Spinout from Alphabet focused on quantum-safe cryptography and AI security. Competes directly with Qrypt in post-quantum and quantum-safe security offerings for enterprise and government markets.
- QuSecure: Quantum-safe network security and post-quantum cryptography company targeting federal agencies and enterprises. Direct competitor in delivering quantum-resilient communications infrastructure.
- PQShield: Post-quantum cryptography company providing PQC implementations for hardware, software, and cloud. Competes with Qrypt in the quantum-safe security space, particularly around cryptographic algorithm and protocol adoption.
- ID Quantique: Swiss-based pioneer in quantum cryptography and quantum key distribution. Directly competes with Qrypt across QKD, quantum random number generation, and quantum-safe network encryption for enterprise and government customers.
- Quantum Xchange: Provider of quantum-safe key delivery and management solutions including Phio key exchange. Competes directly with Qrypt's BLAST/DQKD approach to quantum-secure communications.
- Arqit Quantum: Quantum encryption company offering QuantumCloud for symmetric key agreement. Direct competitor in quantum-safe key generation and network encryption for defense and enterprise customers.
Broad incumbents
- Cisco: Networking incumbent embedding post-quantum cryptography into its routing, switching, and security products. Its scale and installed base could marginalize standalone players like Qrypt, although a Qrypt advisor is on Cisco's treasury/security team.
- IBM Quantum Safe: IBM's portfolio of post-quantum cryptography capabilities embedded across its hardware, software, and consulting offerings. Represents a broad incumbent threat that could commoditize standalone quantum-safe security solutions.
Emerging players
- Quantum Dice: UK-based quantum random number generator provider using photonic quantum entropy. Competes with Qrypt's Quantum Entropy-as-a-Service and Appliance offerings, particularly in academic and government markets.
- KETS Quantum Security: UK startup developing quantum key distribution hardware for secure communications. Niche competitor in the quantum cryptography space with focus on integrated photonic QKD chips.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Qrypt social profiles
Digital presenceQrypt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Qrypt leadership team
Management profileNumber of profiles
Profiles10 records
Qrypt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Qrypt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Qrypt
What does Qrypt do?
Qrypt sells a quantum-secure encryption platform that generates identical symmetric encryption keys independently at multiple endpoints using quantum entropy, so key material is never transmitted across networks. Offerings include a cloud Quantum Entropy-as-a-Service REST API, an on-premises Quantum Entropy Appliance with QRNG cards, a Quantum-Secure IPsec Gateway, Digital Quantum Key Distribution, an air-gapped Q-Isolate solution, and a C/C++ SDK for developers and OEMs.
Is Qrypt a public or private company?
Qrypt is a private company. It is classified as unknown and is currently operating.
When was Qrypt founded?
Qrypt was founded in 2017. It employs 11 to 50 people.
Where is Qrypt based?
Qrypt is headquartered in New York, United States, in the North America region.
How does Qrypt make money?
Three revenue lines are on record. Quantum Entropy-as-a-Service Subscription is the primary driver. The others are quantum Entropy Appliance Sales and quantum-Secure Gateway/SDK Licensing.
Who are Qrypt's main competitors?
Direct peers on record are SandboxAQ, QuSecure, PQShield, ID Quantique, Quantum Xchange and Arqit Quantum. Broad incumbents are Cisco and IBM Quantum Safe. Emerging players are Quantum Dice and KETS Quantum Security.
Does Qrypt have an API?
Yes. RESTful API for quantum entropy generation (Entropy-as-a-Service) and key generation. The entropy API accepts access tokens, returns base64-encoded quantum random numbers in 1,024-byte blocks. The key generation API enables distributed key generation across multiple endpoints without transmitting keys. APIs available at api-eus.qrypt.com and integrated via SDK. Developer documentation is at docs.qrypt.com.
What industry is Qrypt in?
Qrypt's product category is Quantum-Safe Encryption Software. Its primary akta.pro industry code is HDAGAGAF, Quantum-Secure Network & Transport Encryption (VPN/TLS/IPsec/MACsec), with a secondary code of HDAGAGAH, Quantum-Safe Secure Messaging & Data-in-Transit Protection. Its NAICS code is 561621 and its SIC code is 3576.