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SPTel Partners with ST Engineering, Nokia and Fortinet on Quantum-Safe Services to Boost Cyber Defence for Organisations

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Services combine advanced quantum encryption products to help organisations safeguard against quantum threats for comprehensive and reliable network protection

SINGAPORE, July 17, 2024 /PRNewswire/ — SPTel, a joint venture company of ST Engineering and SP Group, today announced the launch of its new Quantum-Safe Services that will enhance its National Quantum-Safe Network Plus (NQSN+) solution offering. Built on SPTel’s ultra-low latency network, the services integrate industry-leading quantum encryption products from ST Engineering, Nokia and Fortinet to provide organisations a comprehensive security architecture that protects all layers of network connectivity. This allows organisations to leverage quantum security to enhance their security strategy and network architecture with minimal disruption.

SPTel and SpeQtral, a pioneer in quantum communications that develops quantum-secure products and services, were jointly appointed by Singapore’s Infocomm Media Development Authority to build Southeast Asia’s first quantum-safe infrastructure, NQSN+, to help businesses tap on quantum-safe technologies. NQSN+ is part of Singapore’s Digital Connectivity Blueprint that outlines the next bound of the nation’s digital connectivity plans up to 2030. NQSN+ is envisaged to help enhance resiliency and security for the public and private sectors, especially the healthcare and financial services industries and those that own critical infrastructure, enabling them to safeguard data transmission and fortify their cyber defences against quantum threats.

Designed for compatibility with existing IT infrastructures and networks, SPTel’s Quantum-Safe Services offer a convenient plug-and-play model that is scalable to meet diverse business requirements. It is available as part of SPTel’s Quantum Key Distribution (QKD)-as-a-service offering, eliminating the need for organisations to own and manage their own QKD-enabled equipment to support the quick deployment of quantum-safe solutions that target specific security concerns.

Comprehensive Security Across All Network Layers

SPTel’s Quantum-Safe Services secure data across the physical, data link and network layers:

Securing the Physical Layer with Nokia’s DWDM with Encryption
Nokia’s leading-edge DWDM (dense wavelength-division multiplexing) platform has built-in quantum-safe encryption. Nokia’s technology, together with SPTel’s Data Centre Interconnect (DCI) and NQSN+ solution, enables organisations to secure their dedicated bandwidth requirements between data centres. Organisations will have full control to send network traffic at the highest bandwidth, including 100G/400G. Securing the Data Link Layer with ST Engineering’s Encryptor
ST Engineering’s encryptor uses quantum-resistant techniques to secure data transmissions against quantum-based attacks, protecting sensitive data from unauthorised access and tampering. It also enables organisations to securely bridge their LAN network across multiple sites nationwide. When paired with SPTel’s Metro Ethernet service, it seamlessly integrates into existing LAN environments while maintaining secure connections at the subscribed bandwidth.Securing the Network Layer with Fortinet’s FortiGate Next-Generation Firewall with Encryption
Fortinet’s next-generation firewall (NGFW) with Secure SD-WAN delivers quantum encryption on SPTel’s Quantum-Safe Network, enabling organisations to use SPTel’s Internet and/or IPVPN service to securely connect across multiple sites. This provides flexibility in network management and control in optimisation and prioritisation. This NGFW also provides a comprehensive selection of security services to combat known, unknown, zero-day and emerging AI-based threats.

“While quantum computers have not yet become mainstream, the threat of ‘harvest now, decrypt later’ cyberattacks is a significant concern. Organisations managing sensitive and confidential data need to start securing their networks against potential quantum attacks. Through our strategic partnerships with ST Engineering, Nokia and Fortinet, we can access advanced capabilities in quantum encryption technologies supported by our ultra-low latency network, to offer organisations a reliable turnkey QKD solution to help them rapidly fortify their security architecture cost-effectively,” said Titus Yong, CEO of SPTel. 

“Traditional encryption methods will face growing vulnerabilities as quantum computing becomes more widespread. This underscores the need for advanced encryptors that utilise quantum-resistant techniques to defend against quantum computing threats. Through our partnership with SPTel, organisations can future-proof their data transmission against quantum computing threats while seamlessly integrating our quantum-resistant encryption technology into their current network services and maintaining operational efficiency for organisations,” said Goh Eng Choon, President of Cyber at ST Engineering.

“We’re committed to our partnership with SPTel to deliver quantum-safe networks via optical networking technology. Our low latency and highly performant optical encryption are built into our industry leading optical portfolio and will enable SPTel to offer quantum-safe high-capacity transport services. This will allow them to offer advanced quantum-safe solutions today to better compete in the finance, healthcare, government and enterprise sectors,” said Stuart Hendry, Head of Enterprise and Partner Sales for Asia Pacific, Network Infrastructure at Nokia.

Jess Ng, Country Head for Singapore and Brunei, Fortinet, said, “Fortinet is committed to advancing quantum-safe cybersecurity solutions. Our collaboration with SPTel integrates FortiGate next-generation firewalls within SPTel’s NQSN+ service offering, fortifying the defences of critical industries in Singapore. This partnership leverages our cutting-edge technology to enhance network resilience, ensuring organisations are prepared for future cybersecurity challenges. Together, we are setting a new standard in accessible and scalable quantum security.”

About SPTel

SPTel is a joint venture company of ST Engineering and SP Group. SPTel uses unique fibre pathways that combine leased SP Group infrastructure and owned fibre pipes, laid alongside the power network cables. As a leading provider of next-generation telecommunications and digital solutions SPTel places a strong focus on innovation and reliability. This enables SPTel to deliver secure and scalable connectivity, edge cloud, IoT-a-a-S and managed security solutions to businesses, government agencies, and service providers. SPTel is committed to driving digital transformation by providing cutting-edge technologies and exceptional customer experiences.

For more information, please visit www.sptel.com.

About ST Engineering

ST Engineering is a global technology, defence and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defence and public security segments. The Group harnesses technology and innovation to solve real-world problems, enabling a more secure and sustainable world. Headquartered in Singapore, it has operations spanning Asia, Europe, the Middle East and the U.S., serving customers in more than 100 countries. ST Engineering reported revenue of over $10b in FY2023 and ranks among the largest companies listed on the Singapore Exchange. It is a component stock of MSCI Singapore, FTSE Straits Times Index and Dow Jones Sustainability Asia Pacific Index.

About Nokia

At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

About Fortinet

Fortinet is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence.

Learn more at www.fortinet.com, the Fortinet Blog, and FortiGuard Labs

View original content:https://www.prnewswire.com/apac/news-releases/sptel-partners-with-st-engineering-nokia-and-fortinet-on-quantum-safe-services-to-boost-cyber-defence-for-organisations-302199043.html

SOURCE SPTel

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Consensus 2025 Wraps in Toronto With Eric Trump

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Crypto‘s “Big Tent” event has wrapped in Toronto as high-profile figures across business, technology and government gathered to discuss crypto‘s regulatory liberalization and rising adoption. In 2026, Consensus will be hosted in Hong Kong (February) and Miami (May).

TORONTO, May 16, 2025 /PRNewswire/ — Consensus 2025, the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries, concluded today at the Metro Toronto Convention Centre bringing together 14,771 attendees from 102 countries. The three-day event serves as the industry’s premier “big tent” event, uniting diverse voices from traditional finance, DeFi, policymaking and more to explore the future of digital assets.

Featuring 500 speakers across six stages, Consensus 2025 provided attendees with unique insights into the crypto landscape, with DeFi, real-world assets (RWAs), decentralized AI, stablecoins, crypto adoption and the evolving regulatory landscape dominating discussions among the biggest players in the crypto ecosystem. The event also featured North America’s largest in-person blockchain hackathon, with over 1,000 developers participating.

Highlights of Consensus Toronto included presentations from industry leaders, financial giants, tech powerhouses and White House representatives, including Coinbase, BlackRock and Google. Eric Trump, co-founder and Chief Strategy Officer of American Bitcoin featured on two sessions, with other high profile sessions from Kevin O’Leary, chairman of O’Leary Ventures and host of Shark Tank; Dave Portnoy, founder of Barstool Sports; Anthony Scaramucci, founder of Skybridge Capital. Toronto was chosen as the location for this year’s event due to its reputation as a financial powerhouse. It was also pinpointed to welcome a high concentration of Canadian crypto leaders, its growing reputation as a crypto innovation hub and status as the birthplace of Ethereum.

“Thanks to our friends at Consensus. They do an amazing job,” said Eric Trump of the CoinDesk conference, which has been running since 2015.

With plans for Consensus 2026 to take place at the iconic Miami Beach Convention Center in May 2026, Miami is considered the crypto capital of North America and a gateway to LATAM. Miami is set to position the event at the strategic crossroads of global capital, talent and innovation. Coming in February 2026, Consensus will return to the Hong Kong Convention and Exhibition Center.

Major sponsors of Consensus Toronto included Stellar, American Bitcoin, BitGo, Fastex, Spacecoin, alongside tech giants Google and AWS and Canadian firms such as WonderFi, Wealthsimple and Coinbase Canada.

Secure your ticket for Consensus Miami or Consensus Hong Kong now.

Media Contact:
Conor McGorry,
Senior Account Executive,
ClearStory International
M: +353 83 805 5747
E: conor@clearstoryinternational.com

About Consensus
Consensus by CoinDesk is the world’s longest-running and most influential gathering for the crypto, blockchain and AI industries. Bringing together industry leaders, policymakers and innovators, it helps people understand the future of digital assets with discussions on key topics such as DeFi, Web3, AI, the evolving regulatory landscape and more. With a mix of panels, keynotes and networking opportunities, Consensus 2025 provides a platform to explore the latest trends shaping the digital economy. Whether you’re an industry veteran or just entering the space, this event offers valuable insights and connections in a rapidly evolving field.

About CoinDesk
CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. CoinDesk Indices offers expertise in digital asset indices, data and research to educate and empower investors. In November 2023, CoinDesk was acquired by Bullish Group. CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. For more information on CoinDesk media and events, please visit CoinDesk.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/consensus-2025-wraps-in-toronto-with-eric-trump-302458221.html

SOURCE CoinDesk Inc

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AFRICON 2025 Returns to Atlanta on September 18-20, 2025

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AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, this year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

ATLANTA, May 16, 2025 /PRNewswire-PRWeb/ — The Premier Global Gathering Celebrating African Culture, Creativity, and Commerce Expands with New Partnerships

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

AFRICON, the flagship convening for global African changemakers, tastemakers, and innovators, officially returns to Atlanta, Georgia on September 18–20, 2025. Hosted by Amplify Africa, the 2025 edition, will showcase panels, workshops, pitch competitions, music showcases, fashion bazaars, and a film festival. This year’s edition marks a new era of global connection, cultural elevation, and cross-continental collaboration—bringing together thousands of attendees from across Africa, the Diaspora, and the world.

“AFRICON is more than a conference—it’s a cultural and economic movement,” said Timi Adeyeba, COO & Co-Founder of Amplify Africa.

“Each year, we’re building bridges across continents and creating a global platform that celebrates who we are while shaping where we’re going,” said Dami Kujembola, CEO & Co-Founder of Amplify Africa.

This year, AFRICON is proud to announce a headline partnership with Fidelity Bank, one of Africa’s most respected financial institutions. As part of this collaboration, AFRICON 2025 will feature the 3rd Annual Fidelity Investment and Trade Creative Connect (FITCC)—a marquee forum designed to spotlight innovation, entrepreneurship, and cross-border investment opportunities across the African continent.

“Since 2022, when we hosted the maiden edition, the FITCC has evolved beyond a platform for promoting Nigeria’s non-oil exports to become a veritable showcase of the immense value Nigeria has to offer the global market,” stated Dr. Nneka Onyeali-Ikpe, OON, Managing Director/Chief Executive Officer of Fidelity Bank Plc. “As part of our commitment to developing platforms that promote economic growth, creativity, and sustainable trade both within Nigeria and internationally, we are pleased to collaborate with AFRICON to host FITCC. This initiative stems from AFRICON’s esteemed capability to unite key stakeholders dedicated to integrating Nigerian businesses into global supply chain networks.”

AFRICON 2025 will feature a dynamic lineup of programming including cultural showcases, policy roundtables, business summits, nightlife experiences, and wellness activations. From creative industries and tech innovation to investment, trade, and social impact, the two-day experience positions Africa and its Diaspora as a rising global force.

Projected Impact

It is expected that AFRICON 2025 will attract:Over 3,000 attendees from around the worldMore than 200 exhibitors and businesses across sectorsOver US$200 million in trade, investment, and partnership deals to be concluded

AFRICON 2025 continues to build on its legacy of convening a global network of decision-makers, creatives, executives, and community leaders who are shaping Africa’s future.

For more information on tickets, sponsorship opportunities, and programming details, visit www.africon.global or follow @africon.global on all platforms.

About Amplify Africa

Amplify Africa is a leading media, events, and cultural agency dedicated to shaping the global narrative of Africa and its Diaspora. With a reach of over 12 million people monthly, Amplify Africa curates impactful experiences, content, and campaigns that celebrate African excellence across entertainment, tech, business, and culture. From landmark festivals to thought leadership summits, the platform serves as a bridge between Africa and the world—empowering the next generation of changemakers and creators.

About Fidelity Bank

Fidelity Bank Plc is a full-fledged commercial bank with over 9.1 million customers who are serviced across its 251 business offices and various digital banking channels in Nigeria and the United Kingdom.

The Bank is the recipient of multiple local and international Awards, including the 2024 Excellence in Digital Transformation & MSME Banking Award by BusinessDay Banks and Financial Institutions (BAFI) Awards; the 2024 Most Innovative Mobile Banking Application award for its Fidelity Mobile App by Global Business Outlook, and the 2024 Most Innovative Investment Banking Service Provider award by Global Brands Magazine. Additionally, the Bank was recognized as the Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence and as the Export Financing Bank of the Year by the BusinessDay Banks and Financial Institutions (BAFI) Awards.

Media Contact
Amplify Africa, Amplify Africa, 1 2138140719, info@amplifyafrica.org, https://amplifyafrica.co/

View original content to download multimedia:https://www.prweb.com/releases/africon-2025-returns-to-atlanta-on-september-1820-2025-302456185.html

SOURCE Amplify Africa

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Movano Health’s Board of Directors Initiates Process to Maximize Shareholder Value

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PLEASANTON, Calif., May 16, 2025 /PRNewswire/ — Movano Health (Nasdaq: MOVE), a pioneer in health technology, announced today that its Board of Directors has initiated a process to explore strategic alternatives, including a sale, merger or similar transaction involving the Company, to maximize shareholder value.  To support this process, Movano Health’s Board of Directors has engaged Aquilo Partners as its financial advisor and K&L Gates LLP as its legal counsel.

There can be no assurance that this process will result in any transaction or other strategic change or as to the timing of any such potential agreement or transaction. Movano Health does not intend to disclose further developments unless and until the Board of Directors has approved a specific course of action or determines that further disclosure is appropriate or required.  The Company also reported that due to resource constraints, it does not plan to timely file its quarterly report on Form 10-Q for the quarter ended March 31, 2025.

About Movano Health 
Founded in 2018, Movano Inc. (Nasdaq: MOVE) dba Movano Health is developing a suite of purpose-driven healthcare solutions to bring medical-grade data to the forefront of wearables. Featuring modern and flexible form factors, Movano Health’s devices offer an innovative approach to delivering trusted data to both customers and enterprises, capturing a comprehensive picture of an individual’s health data and uniquely translating it into personalized and intelligent insights.

Movano Health’s proprietary technologies and wearable medical device solutions enable the use of data as a tool to proactively monitor and manage health outcomes across a number of patient populations that exist in healthcare. For more information on Movano Health, visit https://movanohealth.com/.

Forward Looking Statements

This press release contains forward-looking statements concerning our expectations, anticipations, intentions, beliefs, or strategies regarding the future. These forward-looking statements are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties that could cause actual results, conditions, and events to differ materially from those anticipated. Therefore, you should not place undue reliance on forward-looking statements. Examples of forward-looking statements include, among others, statements we make regarding the Company’s strategic plans and value, plans with respect to the commercial launches of the Evie Ring and EvieMED; our expectations regarding potential commercial opportunities and addressable markets; planned cost-cutting initiatives; anticipated FDA clearance decisions with respect to our products; expected future operating results; product development efforts and product releases; clinical trial and regulatory initiatives; commercial partner activities; our strategies, positioning and expectations for future events or performance. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q, and in our other reports filed with the Securities and Exchange Commission, including under the caption “Risk Factors.”  Any forward-looking statement in this release speaks only as of the date of this release. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/movano-healths-board-of-directors-initiates-process-to-maximize-shareholder-value-302458030.html

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