World Economic Forum’s “Quantum for Society” Challenge Names Xairos as Top Innovator

Award Announced at World Quantum Day in Riyadh, Saudi Arabia

LAFAYETTE, Colo.--(BUSINESS WIRE)--Xairos Systems, Inc., a quantum technology company that is developing a global resilient space-based timing architecture to augment timing from GPS (Global Positioning Systems), announces its selection as a Top Innovator in the “Quantum for Society Challenge.” The award was presented on World Quantum Day in Riyadh, Saudi Arabia, by the World Economic Forum and partners the Center for the 4^th Industrial Revolution Kingdom of Saudi Arabia, and the Uplink Initiative.

Xairos joined a select set of companies in Riyadh that were recognized for harnessing quantum technologies to ensure a sustainable future for humanity. Specifically, Xairos was recognized for their role in developing a global resilient space-based timing architecture using Quantum Time Transfer. Accurate timing synchronization is critical for improving the efficiency of power grids, networks and data centers, including those needing higher compute capabilities due to rising demand from Artificial Intelligence.

“We are honored to be selected by the World Economic Forum, the Center for the 4th Industrial Revolution Kingdom of Saudi Arabia, and the Uplink Initiative,” said David Mitlyng, CEO of Xairos. “With their support, we can accelerate the vision of using quantum tech for the betterment of society.”

About Xairos

Xairos is developing a global resilient space-based timing architecture using Quantum Time Transfer (QTT), a protocol invented, patented, and perfected by the Xairos team. Accurate timing synchronization is critical for the world’s transportation, networks, financial transactions, data centers, and power grids. Xairos is commercializing QTT to develop the next generation of Position, Navigation and Timing (PNT), with sub-nanosecond-level accuracy (1000 times better) and the security needed for future networks and applications. For more information, visit Xairos.com.