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Singapore’s Quantum Ambitions Accelerate as Homegrown Company Aires Applied Quantum Technology Advances Region’s First PQC and Quantum Technology Patents

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SINGAPORE – Media OutReach Newswire – 6 January 2026 – Singapore has opened doors to commercialise quantum technology in 2026, and Aires Applied Quantum Technology has built itself to become a key player in strengthening the nation’s homegrown quantum capabilities. Founded and developed entirely in Singapore, Aires pioneers Southeast Asia’s internationally filed post-quantum cryptography (PQC) patents, spanning encryption, IoT security and quantum simulation algorithms.

As one of the only deep-tech startups in the region to eye profitability at a stage where most quantum companies remain in research or pilot phases, the company’s technology is built by an independent Singapore-based research team rather than through external licensing, overseas dependencies or defence-restricted collaborations. Its IP portfolio currently includes three in-house developed patents filed in Singapore, the United States and Japan, and two patents developed from the founding team. The patents are locally and internationally recognised with grant awards from government bodies and agencies like Enterprise SG, Innovate UK, Monetary Authority of Singapore, Eureka and Tubitak.

Local innovation that gained momentum in a global deep-tech race

Aires began during the COVID-19 period, when Co-founder and mathematician Lim Meng Liang revisited his earlier research in Diophantine equations. That work became the mathematical foundation for Aires’ first patent, which drew early support from Enterprise Singapore and NUS Enterprise.

Since its launch in 2023, the company has been selected for international quantum showcases in Berlin, Tokyo, and Korea, including the inaugural Berlin Quantum Pioneer, where it was one of six and the only Asian company selected among more than 60 global entrants. Interest began pouring in from the US, UK, Spain, Canada, Norway, Japan, and even national intelligence and research communities, underscoring global demand for independent IP holders in the quantum landscape.

From research to real-world applications

Singapore’s quantum technology landscape is entering a new phase of maturity, and as global players race to consolidate critical intellectual property, the expansion of the nation’s own ecosystem is increasingly aligned with these international shifts.

In this evolving environment, Aires intends to support the national efforts through cost-efficient deep-tech innovation with a highly specialised research team capable of building proprietary quantum technologies from Singapore. As part of this approach, the company has focused on practical software-based applications that do not require capital intensive hardware, extending quantum-safe cryptography to organisations with limited capital and, for the first time in Asia, to individual users.

Their quantum-resistant encryption APIs integrate into common enterprise systems such as HRMS, payroll, Customer Relationship Management (CRM) and cloud platforms. LionGuard, Aires’ proprietary consumer app provides quantum-safe cryptography and encryption on Windows, iOS and Android; and their quantum education and training programmes, accredited by Institute of Banking and Finance (IBF) Singapore, are used in financial sector upskilling.

“The quantum sector is clearly shifting toward an IP-driven model,” shares Ken Lin, Co-founder and Managing Director at Aires. “Recent patent consolidations by leading global firms underline how quickly proprietary algorithms and in-house research are becoming the core determinants of value. That is where our patents, technology and R&D capabilities contribute meaningfully to both Singapore and Southeast Asia at large, as they are developed end-to-end right here at home.”

A rare commercially viable deep-tech model in the region

Quantum startups globally often face long R&D cycles, high capital expenditure and extended pre-revenue phases. Aires has taken an alternative path by focusing on lean algorithmic development supported by an efficient cost leadership model, which would enable the company to operate profitably while continuing to build its patent portfolio and international partnerships. This approach allows Aires to develop quantum technologies at notably lower R&D overheads than is typical in the sector.

The company has been approached by investors for fundraising and is exploring global expansion as Singapore strengthens its quantum ecosystem in collaboration with partners across Europe and Asia.

Part of the Singapore story

Singapore’s long-term quantum strategy aims to secure digital infrastructure, develop sovereign capabilities and strengthen economic competitiveness in emerging technologies. Aires’ development reflects a growing recognition that local innovation must be built not only in universities and national laboratories, but also within private companies capable of commercial delivery, so that the country and the region at large remains competitive.

The presence of homegrown firms with independent IP, practical applications and sustainable business models like Aires contributes to Singapore’s aim of establishing a diverse and resilient quantum ecosystem. As quantum hardware and computing becomes more accessible through public-private partnerships, it plays an increasingly important role in helping businesses adopt quantum-safe practices.

Hashtag: #AiresAppliedQuantumTechnology

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About Aires Applied Quantum Technology

Aires Applied Quantum Technology is a Singapore-based quantum technology company developing proprietary post-quantum cryptography, quantum simulation algorithms and quantum communication technologies. Its patented systems span encryption, IoT-level security and mathematical models for quantum optimisation. Supported by Enterprise Singapore and NUS Enterprise, Aires participates in global quantum showcases and contributes to Singapore’s broader quantum readiness efforts.

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Asian Financial Forum concludes successfully in Hong Kong, gathering over 4,000 global business leaders and officials

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HONG KONG SAR –

A new Global Business Summit was held throughout day-two of the AFF yesterday, to further integrate finance with key industries and drive innovation and economic development.

Co-organised by the Financial Services and the Treasury Bureau of the HKSAR Government, the HKTDC, and the Office for Attracting Strategic Enterprises, the summit explored how finance empowers businesses. It also examined how Hong Kong can support Chinese Mainland enterprises to “go global”, and the prospects for foreign enterprises entering the Mainland market.

In his opening remarks at the summit, Paul Chan, Financial Secretary of the HKSAR Government, highlighted trade, finance and innovation and technology as the three principal drivers of future economic growth.

“Hong Kong is not just a platform that connects capital, market, projects, talent and opportunity. Hong Kong is willing to be a strategic partner to help you grow, scale up and go global,” Mr Chan said.

On building a more vibrant tech ecosystem, Mr Chan said the HKSAR Government is determined to attract the world’s leading frontier-technology enterprises to establish a presence in Hong Kong.

“We welcome technology and industrial enterprises to establish a presence in the Northern Metropolis. Where justified, we are prepared to tailor incentive packages, which may include land grants, premium concessions, tax incentives and other facilitation measures. Everything is negotiable,” he said.

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Prof Frederick Ma, Chairman of the HKTDC, in his welcome remarks at the summit, said: “In these unpredictable times, working together on shared goals adds to the agility and resilience of our economies, our industries and businesses, and our communities. Hong Kong, under the ‘one country, two systems’ arrangement, is perfectly suited to host these conversations and promote cross-sector collaboration, as a super connector, super value-adder and super collaborator.”

A series of plenary sessions held during the summit included the Business Plenary I – Chinese Mainland Enterprises Going Global, and Business Plenary II – Strategic Collaboration for Shared Growth, focusing on the latest opportunities in global market expansion and inbound foreign investment.

The Global Business Summit also featured a series of discussion sessions covering high‑growth, high‑value sectors, including biomedicine and healthcare, green energy, new consumer trends, artificial intelligence and robotics.

Speakers included representatives of prominent enterprises in the respective fields, such as Banking Circle, Infineon AG, Investcorp, JP Morgan, Revolut, Triton Partners, Amgen, Merck, DexForce Technology, JD.com, Pictet Group, AI² Robotics, Galbot and Tencent.

Paul Polman, a business leader, investor and philanthropist who is dedicated to advocating for systemic change, climate action, and social equality, delivered the Keynote Luncheon speech (January 27). He shared his “Net Positive” corporate sustainability strategy, which he has championed in recent years, focusing on advancing sustainable development.

Meanwhile, this year’s AFF Deal-making session, co-organised by the HKTDC and the Hong Kong Venture Capital and Private Equity Association, attracted over 280 investors and over 600 investment projects, resulting in more than 800 one-on-one meetings that successfully connected global capital with investment opportunities.

The AFF also marked the start of this year’s International Financial Week, featuring14 industry events that span a wide range of globally watched financial and business topics, including ASEAN opportunities, digital finance, green finance, family offices, private equity and alternative investments. Together, these events underscore Hong Kong’s unique role as the region’s most comprehensive and diversified international financial centre.

Hashtag: #hongkong #brandhongkong #AFF #Finance #Business #Economic





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CGTN: Europe on its Own Terms: Adapting a New Global Reality

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CGTN’s special feature focuses on Europe’s push for strategic autonomy amid global shifts.

BEIJING, CHINA – Media OutReach Newswire – 28 January 2026 – In an era defined by geopolitical recalibration, Europe stands at a pivotal juncture, grappling with the urgent need for strategic autonomy and reassessing its alliances. A chorus of European policymakers, thought leaders, and international observers analyzed the continent’s pathway forward as it adapts to a new global reality marked by evolving external dynamics.

The call for European independence has never been more pronounced. Ursula von der Leyen, President of the European Commission, has declared that this is Europe’s Independence Moment, highlighting the need for Europe to ensure its own defense. Hillary Mann Leverett, CEO of STRATEGA echoes that “Europe is going through a very difficult time”, noting the need for patience and effort to navigate current crises.

The quest for autonomy is driven by multifaceted challenges. An ongoing energy crisis, caused by the conflict in Ukraine, has seen electricity prices in major European economies soar to several times those in the US, straining industrial production and daily life.

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Europe is even more tested as transatlantic relations shift. French Senator Thierry Meissen says that “today, we must accept that the United States will prioritize its own interests.” European Council President Antonio Costa also acknowledged this new reality, stating “we already know that Europe and the United States do not share the same vision of the international order.”

In response, Europe is mobilizing resources to build self-reliance. The EU has committed substantial investment to develop its defense. Ursula von der Leyen outlines plans enabling up to 800 billion euros in defense investment by 2030. And analysts from the Bruegel think tank estimate that true strategic autonomy would require an additional 250 billion euros annually and 300,000 more troops. Additionally, the EU’s High Representative for Foreign Affairs Kaja Kallas identified joint procurement as a critical hurdle to overcome.

Facing this strategic shift, Europe is actively exploring diversified global partnerships to ensure stability and growth. Former Italian Prime Minister Romano Prodi also highlighted that “China and Europe together make more than one-third of all world trade.” He warned against isolation, stating “if we don’t stick together…we go into a certain depression.”

The potential for cooperation spans critical domains. In science, collaboration has evolved into a two-way street between China and European peers. The EU’s ‘Choose Europe’ package, a 500-million-euro incentive to attract global scientific talent, also contrasts with funding uncertainties in the United States, creating new avenues for scientific talents. On the green transition, synergies are evident. China’s leadership in clean-energy industries complements Europe’s Green Deal ambitions, presenting a vast cooperative canvas.

Yet, this reorientation is complex. Europe needs to balance its deep historical and economic ties with the United States with the opportunities presented by a rising China. Professor Cui Hongjian of Beijing Foreign Studies University noted the EU’s dilemma, finding it “very difficult to make a clear choice between China and the US.” Jens Eskelund, President of the European Union Chamber of Commerce in China, advocated for a relationship judged on its own merits. “We shouldn’t let our relationship be defined by a third party.”

The path to act on its own terms is further complicated by new economic realities. China’s rapid advancement has altered dynamics. “The perspective on who is learning from whom has been dramatically changing,” said Professor Eberhard Sandschneider of the Free University of Berlin. This new reality has spurred debates on “derisking”, which leaders caution could fragment supply chains, increase costs, and forsake mutual benefits. Alex Frederiksen, CEO of Vivino, advised focusing on long-term practical matters over short-term headlines, saying China is “unbeatable” in terms of density of high-quality companies.

Ultimately, European leaders are tasked with navigating a fundamental strategic question. Romano Prodi argued that the relationship must evolve from being neither enemies nor brothers toward becoming “equal partners and almost brothers.”

https://news.cgtn.com/news/2026-01-27/Europe-on-its-own-terms-Adapting-a-new-global-reality-1Khw2WpZ2Fy/p.html
Hashtag: #CGTN

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UnionPay Enables 25 International Wallets to Support Weixin Pay QR Code in China’ Mainland

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SHANGHAI, CHINA – Media OutReach Newswire – 28 January 2026 – When Thai tourist Naree visited Shanghai, she paid easily for coffee at a neighborhood café by scanning a Weixin Pay QR code using the same K PLUS mobile wallet as she used at home, because her mobile wallet was linked to her Thai UnionPay card.

Now international visitors from 11 countries and regions travelling to China’s mainland can enjoy the same seamless mobile payment experience just as Naree. The collaboration between UnionPay International and Weixin Pay (also known as WeChat) now supports 25 UnionPay-partnered international wallets. Users only need to link the local UnionPay cards or activate digital UnionPay cards in one of their digital wallets. Then they can make payments at restaurants, shops, and public transport systems across China’s mainland by scanning Weixin Pay or UnionPay QR codes. The funds will be automatically converted from their home currency into RMB, eliminating the need to download additional apps.

The 25 supported international wallets by country / region

Since launching in December 2024, the program’s coverage has steadily broadened. As more UnionPay-Partnered international digital wallets join the network, a growing number of visitors to China can enjoy a smoother payment experience.

A Milestone In UnionPay’s Project Excellence

The cooperation between UnionPay International and Weixin Pay marks the latest milestone in UnionPay’s Project Excellence. Under Project Excellence, over 200 e-wallets across 37 countries and regions outside China’s mainland can link to locally issued UnionPay cards.

To further enhance the payment experience for overseas visitors to China, UnionPay has also launched the SplendorPlus Card, a product specially designed to meet inbound travelers’ unique needs.

In 2025, the number of QR code transactions made in China’s mainland using UnionPay-partnered e-wallets issued outside the Chinese mainland increased by 100% year on year, while the value of these transactions increased by 75%.
Hashtag: #UnionPay

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