Qubesat Test Bed for Quantum Key Distribution.  
Longstanding cybersecurity collaboration between Singapore and UK governments has resulted in securing financial transactions and online conversations.  The next step is to take cyber security to the highest level – using quantum key distribution enabled with satellites.  The two nations are embarking on a joint venture to develop a QKD test bed.  Satellite-based QKD is emerging as unbreakable encryption technology.  This new joint quantum technology satellite mission will open access to a global market estimated to be worth billions of USD over the next decade.  “Under the collaboration, Singapore and UK will co-develop a ‘QKD Qubesat’, a satellite based on the CubeSat standard that will use a pioneering QKD technology from Singapore to test the secure distribution of cryptographic keys over globe-spanning distances.”  The satellite is expected to be operational in late 2021 providing a strategic move towards global data security.

Reference is found at GEOSPATIAL WORLD…