Solution to enable first Quantum Key Distribution Network in the U.S.
BOULDER, Colo. – October 24, 2018 – Quantum Xchange has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for a dark fiber solution to power the first Quantum Key Distribution (QKD) network in the U.S. The 530-mile route will extend from Boston to Washington D.C., leveraging Zayo’s existing network along the eastern corridor.
Quantum key distribution, an innovative encryption method that relies on properties of quantum mechanics, physically transfers a shared key between two entities that can be used to encrypt and decrypt messages. The properties of the photonic key prevent the transmission from being unknowingly interrupted, corrupted, cloned, or exposed. The new technology will address the shortcomings of algorithmic encryption and the imminent threat of quantum computers which could break algorithmic encryption.
Quantum Xchange plans to deploy the dedicated dark fiber to activate the initial leg of its nationwide network, connecting the financial markets on Wall Street with back office operations in New Jersey.
“With high capacity, low latency and inherent security, Zayo’s dark fiber infrastructure is ideal for the nation’s first Quantum Key Distribution network,” said Jack Waters, CTO and president of Fiber Solutions at Zayo. “We look forward to working with Quantum Xchange on this groundbreaking initiative.”
For more information on Zayo, please visit zayo.com.
About Zayo Group
Zayo Group Holdings, Inc. (NYSE: ZAYO) provides communications infrastructure solutions, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 128,900-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides users with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth. For more information, visit zayo.com.
Forward Looking Statements
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