A UK tech company cracking down on counterfeit handbags and jewellery is mulling a listing on the London Stock Exchange.
Quantum Base, which was spun out from the University of Lancaster, could file documents for a float on London’s junior market AIM as soon as this week, insiders claim.
The Mail understands the group is aiming to raise around £5m through the listing and has been backed by high-profile investors.
Quantum Base makes security labels similar to QR and barcodes – but applies quantum physics to create unique ID tags to an atomic level. This means they contain a ‘fingerprint’ made up of billions of randomly arranged atoms which are impossible to copy, the firm says.
Cracking down on counterfeits: Quantum Base makes security labels similar to QR and barcodes – but applies quantum physics to create unique ID tags to an atomic level
Its tags are used to prevent counterfeiting of government documents such as passports, but the company is also marketing its devices to clamp down on fake luxuries including watches, jewellery and handbags.
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