UET Group creates with quantum cryptography secure communications in telecommunications networks

Eschborn, December 13, 2022 Network equipment supplier is conducting research with TU Dresden on quantum technologies for securing communications and boosting performance in industrial networks for telecommunications (6G-Quas). The work on cutting-edge technology is a major contribution to securing technological sovereignty in Germany and Europe. The research project is funded by the German Federal Ministry…

UET United Electronic Technology AG announces Blackstone as new major shareholder

United Electronic Technology (UET) AG (ISIN: DE000A0LBKW6), Eschborn, Germany, announces that Blackstone Strategic Partners, a division of Blackstone Inc, New York, USA, has acquired a total of 3,500,000 shares from the former shareholder Palace Park Investments Ltd, an investment company of Stepstone Global. Blackstone now holds approximately 23% of the voting rights in UET AG.…