LONDON - Quantum Base Holdings plc, a company specializing in quantum science-based authentication technology, has announced plans to float on the AIM Market of the London Stock Exchange (LON:LSEG) (AIM) in April 2025. The company, which originated from Lancaster University, seeks to raise between £3 million and £5 million through a placing with institutional and retail investors.
Quantum Base has developed patented Quantum Identities (Q-ID®s), which are designed to be nearly impossible to replicate, offering a potential solution to the global issue of counterfeiting. These tags can be applied to a wide range of products and authenticated using a smartphone.
The company’s technology leverages randomness at the atomic level to create a vast number of unique combinations, making the Q-ID challenging to duplicate with current technology. The Q-ID can be integrated with most common printing methods and substrates, allowing for quick and cost-effective application at scale.
The net proceeds from the placing are earmarked for product development and strategic hires. Quantum Base has already signed framework agreements with two printing partners. One, a major security printer, plans to apply Q-ID technology to tax stamps for government clients, while Madrid-based Signe is exploring the first work order for document security applications.
Tom Taylor, CEO of Quantum Base, expressed enthusiasm for the AIM listing, emphasizing the company’s growth, development, and the establishment of a new global standard in authentication. Taylor highlighted the advantages of the AIM listing, including maintaining independence, accessing capital markets, broadening the investor base, and upholding high corporate governance standards.
Quantum Base’s technology has undergone rigorous testing by printing partners and potential clients, as well as peer review in science journals. The company operates on a "design and licence" model, with the initial commercialization phase involving agreements with security printers.
The directors believe that the company’s strengths lie in its unique technology, ease of integration, vast market applicability, and proven and protected technology. The anti-counterfeiting solution is seen as a versatile product, with applications ranging from tax stamps to luxury goods and pharmaceuticals.
The AIM listing is expected to enhance Quantum Base’s reputation and credibility with global customers, while also providing the means for sustainable growth. The company has appointed Strand Hanson Limited as its Nominated and Financial Adviser and Cavendish Capital Markets Limited as its Broker for the Admission.
This news article is based on a press release statement from Quantum Base Holdings Limited.
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