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

Carbonatix Pre-Player Loader

Audio By Carbonatix

LAFAYETTE, Colo.--(BUSINESS WIRE)--Jun 4, 2025--

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250523168316/en/

CONTACT: For more information about Xairos:

Myrna James

Marketing Lead

Xairos Systems, Inc.

303-956-0051

[email protected]

KEYWORD: UNITED STATES SAUDI ARABIA NORTH AMERICA MIDDLE EAST COLORADO

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS HARDWARE

SOURCE: Xairos Systems, Inc.

Copyright Business Wire 2025.

PUB: 06/04/2025 12:13 PM/DISC: 06/04/2025 12:12 PM

http://www.businesswire.com/news/home/20250523168316/en

 

Sponsored Links

Trending Videos

Salem News Channel Today

Trending Videos

On Air & Up Next

  • Bloomberg Radio
    2:00AM - 7:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    7:00AM - 8:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Radio
    8:00AM - 9:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    9:00AM - 10:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Investing & Trading Live
    10:00AM - 11:00AM
     
    The Investing & Trading Live Radio Show hosted by Josh and Al pulls back the   >>
     

See the Full Program Guide