Ex-Mossad Chief Yossi Cohen Joins Israeli Quantum Firm QXL
Former Mossad chief Yossi Cohen has been appointed president of the scientific council at QXL, a small Israeli quantum company. The company, which was trading at a market value of $57 million on Tuesday afternoon, saw its stock price rise by 10% to $63 million following the announcement. Cohen will serve solely on the scientific council and will not be a board member. His role is expected to help the quantum firm open doors within Israel's defense establishment.
QXL, or Quantum Ex Labs, is an Israeli company operating in the quantum technology sector. The appointment of Cohen, who led the Mossad intelligence agency from 2016 to 2021, is seen as a significant move for the relatively small firm, potentially leveraging his extensive network and experience in national security.
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