10:34 AM EDT, 08/20/2025 (MT Newswires) -- Scope Technologies ( SCPCF ) was edging up, albeit from near 52 week lows on Wednesday as it agreed to buy a unit of Plurilock Security ( PLCKF ) , an Indian corporation called Cloud Codes, for $1.8 million.

The company said Cloud Codes will be rebranded under the QSE Group ecosystem and upon completion of the deal, Cloud Codes' proprietary distributed storage middleware "will anchor QSE's decentralized cloud backbone and serve as the foundation for what is intended to be the world's first commercially deployed quantum-resistant Single Sign-On (SSO) platform."

Scope has agreed to pay Plurilock $100,000 and issue a total of 4.2 million common shares at $0.40 apiece.

"By bringing the Cloud Codes authentication into the Scope Technologies ( SCPCF ) family and adding QSE, our quantum resilient protection layer, we're delivering on our mission to provide a global 'Future Secured' solution with seamless, scalable, quantum secure authentication," said Ted Carefoot, CEO of Scope Technologies ( SCPCF ). "With full ownership of our infrastructure, we can innovate faster and deliver enterprise grade protections that future proof authentication against quantum threats."

Shares of Scope Technologies ( SCPCF ) were last seen up 1.4% at $0.355 on the Canadian Securites Exchange.