Quantum tech firm EigenQ to go public in $3 billion SPAC deal

Quantum tech firm EigenQ is set to go public through a merger with Silicon Valley Acquisition. The deal values EigenQ at approximately $3 billion. EigenQ specializes in cybersecurity systems designed to protect against future quantum computer attacks. This technology, known as post-quantum cryptography, will ensure long-term data security. The company also develops quantum-safe communication networks and advanced sensing technologies.