GridCOM Receives $95,000 State Grant for Encryption WorkWednesday, September 4, 2013
GridCOM Technologies of San Diego said it received a state grant of $95,000.
The company, which specializes in cyber security for energy infrastructure, received the funds from the California Energy Commission to work on its grid security efforts.
The company wants to determine the feasibility of a smart grid communications protection device that improves encryption for machine-to-machine communication. It proposes using a system involving quantum mechanics to randomly generate encrypted keys.
GridCOM says it has raised $1.2 million, and that it plans to develop and test a prototype system before the end of 2014.
Duncan Earl is founder and chief technical officer of the company.
— SDBJ Staff Report