Singapore space tech startup SpeQtral closes $8.3M funding round led by Temasek’s Xora Innovation

SpeQtral has successfully closed a $8.3 million financing led by Xora Innovation. With quantum cryptography fast becoming mainstream and the Quantum Key Distribution (QKD) market expected to be worth $20 billion by 2035, SpeQtral said this latest capital injection will allow the company to strengthen its position as a quantum-secure communications company.