Axion Technologies is building the next generation of encryption devices
Via the Rochester Business Journal
Axion Technologies LLC is one of 10 startups from around the world working with the Luminate NY accelerator at NextCorps in downtown Rochester. These companies are helping to write the next chapter in Rochester’s history as the world’s center for optics, photonics, and imaging (OPI).
Each company in Luminate’s cohort 5 received an initial investment of $100,000 and is participating in the six-month program, which helps the selected companies speed the commercialization of their technologies and businesses. On October 19, at Finals 2022 at the Rochester Riverside Convention Center, they will compete for up to $2 million in follow-on investment. Funding for the $25 million program is being provided through Empire State Development’s Finger Lakes Forward Upstate Revitalization Initiative.
“We couldn’t be prouder of the impressive talent and hard work demonstrated by companies in our cohort 5,” said Dr. Sujatha Ramanujan, managing director of Luminate. “Axion Technologies is one of those companies, leveraging innovative thinking and optics technology to create products that will enable the world to move into the next era of quantum computing with better security.”
We caught up with Dr. Carol Scarlett, Founder of Axion Technologies, to discuss how the company is developing quantum random number generators (QRNG) to improve computing applications.
Tell us about your company.
Axion Technologies is an early-stage hardware company designing high-speed, parallel QRNG devices for computing applications. Our initial products are developed for the High Performance Computing (HPC) industry.
Until now, HPC users and developers have had few options for generating random numbers, other than mathematical algorithms, which repeat or recycle numbers over time. Axion Technologies offers a new solution to serve their needs with both speed and parallelism.
In addition to high-speed, parallel QRNG, we are working to enable the use of our patented technology at a chip scale. A chip-scaled QRNG could go into numerous devices and enable improved security for the Internet of Things (IoT).