TAIPEI (Taiwan News) — In under three years, cybersecurity hardware firm Jmem Tek has grown from a university startup to a contender in the defense sector.
Founded by National Chiao Tung University alumni in October 2022, the company has secured contracts with Taiwan’s drone makers and drawn interest from European defense contractors, per CNA.
Its 40-person team includes veterans from National Taiwan University and National Tsing Hua University, along with engineers from India, Europe, and the US With offices in Taiwan, Singapore, and Europe, Jmem Tek generates millions of US dollars in annual revenue, over 70% from the US market.
Defense-related projects now account for more than 30% of sales, with plans to expand into unmanned vehicles and humanoid robots. Founder and CEO Chang Chen-feng (張振豐) said the goal is to surpass NT$3 billion (US$100 million) in yearly revenue within five years.
Jmem Tek has raised NT$179.6 million and counts US accelerator Silicon Catalyst among its backers, making it the only Taiwanese firm selected by the program. The company plans further fundraising as it expands.
Rising demand for non-Chinese defense supply chains has fueled its push into Europe and other markets. Chang said Jmem Tek is building a fully domestic encrypted chip supply chain in Taiwan, partnering with leading foundries and packaging and testing houses.
At the end of last year, the firm launched a post-quantum cryptography chip based on Physical Unclonable Function (PUF) technology — a hardware “biometric” for computers. The chip hides encryption keys, integrates post-quantum cryptography (PQC) algorithms, and protects data at the hardware level to counter quantum-computer-based attacks.
Chang warned that quantum computers could render current encryption obsolete, enabling hackers to steal and decrypt sensitive data. He said global migration to PQC makes regulatory enforcement and upgrades urgent.
Jmem Tek has passed the US National Institute of Standards and Technology’s FIPS 203, FIPS 204, and FIPS 140-3 standards. Chang emphasized that defending against quantum threats requires coordinated action across standards, hardware and software updates, and full system integration.
