Redwood AI Completes Acquisition of Quantum.IQ for Quantum-Resistant Cybersecurity

On August 13, 2026, Redwood AI Corp. announced the completion of its acquisition of Quantum.IQ Technologies Inc., a Vancouver-based company specializing in quantum cybersecurity. Quantum.IQ's Post-Quantum Cryptography platform aids organizations in assessing and upgrading their encryption systems against future quantum threats. This acquisition positions Redwood to enhance its cybersecurity offerings, particularly for high-security sectors like government and finance. Redwood issued up to 14,033,558 common shares as consideration for the acquisition, valued at $2.98 per share. The deal includes shares subject to escrow conditions based on customer and revenue milestones. The acquisition reflects a growing focus on preparing for the implications of quantum computing on data protection.

Key Points: • Redwood AI has acquired Quantum.IQ to enhance its quantum cybersecurity capabilities. • Quantum.IQ's platform focuses on helping organizations prepare for quantum-enabled cyber threats. • The acquisition involved issuing up to 14 million shares, with conditions tied to performance milestones.