CISO Tribune

Vendor comparison · 2 companies

Indra Group vs PQShield

Indra Group operates a Cyberdefence segment that provides platforms and services for planning, conducting and analysing military and governmental cyberspace operations, including command-and-control software, situational-awareness tools, encrypted communications and information-warfare toolkits. PQShield is a cybersecurity company specialising in post-quantum cryptography. CISO Tribune files both under Encryption, tokenization and key management. This page sets the two records side by side: what each sells, where it is based, who owns and funds it, the customers it names and its recent news, each fact numbered to its source.

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  • Indra Group
  • PQShield
Indra Group vs PQShield: Products, Customers and Funding Compared
Indra GroupIndra Group operates a Cyberdefence segment that provides platforms and services for planning, conducting and analysing military and governmental cyberspace operations, including command-and-control software, situational-awareness tools, encrypted communications and information-warfare toolkits.indragroup.comPQShieldPQShield is a cybersecurity company specialising in post-quantum cryptography.pqshield.com
What it sells
  • Cyber C2[1]A software and communications platform used to plan, direct, coordinate and monitor cyberspace operations for defence customers.
  • ECYSAP[1]A mission-focused situational awareness capability that gives real-time information on cyberspace events and their potential impact on a mission.
  • Cyber Threat Analysis and Situational Awareness Centre[1]A centre that coordinates interoperability among European entities to improve coordination and response to cyber incidents.
  • COMSec Meet[1]A solution with hybrid protection mechanisms and end-to-end encryption used to secure communications and information exchange within the centre.
  • EUCINF[1]A toolbox covering the operational flow of Cyber and Information Warfare, collecting, analysing, processing and exploiting data via a shared library of software products.
  • Hy-COB (Cyber Operations Hybrid Battlespace)A capability that provides cyber operational analysis along with collaborative exercises and training.
  • PQMicroLib-Core[1][10]A library designed with flexibility and configurability in mind.
  • PQCryptoLib-Core[1][10]A general-purpose cryptographic library for a wide variety of applications.
  • PQCryptoLib-SDK[1][10]A plug-and-play tool for moving OpenSSL-based applications to quantum resilience.
  • PQPlatform-CoPro[1][10]A cryptographic coprocessor that adds post-quantum capabilities to an existing security subsystem.
  • PQPlatform-TrustSys[1][5][10]A PQC-focused Root-of-Trust security solution.
  • PQPerform-Flare[10]A hardware-based PQC product designed for high throughput and low latency.
  • PQPerform-Inferno[1][10]A scalable hardware solution built on the PQPerform-Flare architecture.
  • PQPerform-Flex[10]PQPerform-Inferno combined with a RISC-V processor as a complete subsystem.
Categories
Headquarters
Madrid, SpainUnited Kingdom[2][3]
Founded
Not stated on its pagesNot stated on its pages
Ownership and funding
Not stated on its pagesPrivately held[9]
Named customers
Not stated on its pagesNot stated on its pages
Recent news
  • January 8, 2026Indra Group reached an agreement with UK-based Altitude Angel to acquire the assets related to GuardianUTM, its modular unmanned air traffic management platform.[3]
Not stated on its pages
G2 and Gartner Peer Insights
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
  • G2: Not stated on its pages
  • Gartner Peer Insights: Not stated on its pages
Who it fits
From its own pages, Indra Group sells a dual offering to both civil and military customers and supports critical missions worldwide. In our reading, Indra Group's defence work is aimed at protecting both forces and civilians in any operational environment. Indra Group's sovereign AI work is directed at the protection of citizens, territories, and critical physical and digital infrastructure and assets. Indra Group's transport work covers roads, railways, ports and airports. Indra Group's airspace management work covers solutions that synchronise radars, controllers, and aircraft. Indra Group sells digital platforms, analytics, and artificial intelligence to organisations.Not written yet
Last verified
October 14, 2026November 2, 2026

Where they overlap

  • Indra Group and PQShield are both filed under Encryption, tokenization and key management.

Where they differ, field by field

  • Indra Group's primary category is Threat intelligence; PQShield's is Post-quantum cryptography.
  • Indra Group is also filed under Incident response and forensics.
  • Indra Group lists Cyber C2, ECYSAP, Cyber Threat Analysis and Situational Awareness Centre, COMSec Meet, EUCINF and 1 more. PQShield lists PQMicroLib-Core, PQCryptoLib-Core, PQCryptoLib-SDK, PQPlatform-CoPro, PQPlatform-TrustSys and 3 more.
  • Indra Group is headquartered in Madrid, Spain. PQShield is headquartered in United Kingdom.
  • PQShield is privately held.

What it sells: PQShield

What PQMicroLib-Core does[1][10]
PQMicroLib-Core is a library designed with flexibility and configurability in mind. A CAVP-Ready version of PQCryptoLib-Core is tailored for embedded systems, small footprint solutions and memory constrained devices.
What PQCryptoLib-Core does[1][10]
PQCryptoLib-Core is a FIPS 140-3 CMVP Certified / CAVP Compliant general-purpose cryptographic library designed for a wide variety of applications. PQCryptoLib-Core is configurable by a secure API.
What PQCryptoLib-SDK does[1][10]
PQCryptoLib-SDK is a plug-and-play tool that helps to transition OpenSSL-based applications to quantum resilience. Software implementations of PQC algorithms are supplied via an OpenSSL provider, including ML-DSA, Falcon, ML-KEM and hybrid PQ/T schemes for TLS.
What PQPerform-Flare does[10]
PQPerform-Flare is a hardware-based FIPS 140-3 CAVP-certified product designed for high throughput and low latency PQC. PQPerform-Flare supports ML-DSA (FIPS 204) and ML-KEM (FIPS 203) and is optimized for TLS.
What PQPerform-Inferno does[1][10]
PQPerform-Inferno is a scalable hardware solution. Building on the architecture of PQPerform-Flare, Inferno integrates multiple instances with load balancing, and can deliver over 1 million key encapsulations per second.

Questions about Indra Group and PQShield

What do Indra Group and PQShield sell?
Indra Group sells Cyber C2, ECYSAP, Cyber Threat Analysis and Situational Awareness Centre, COMSec Meet, EUCINF and 1 more. PQShield sells PQMicroLib-Core, PQCryptoLib-Core, PQCryptoLib-SDK, PQPlatform-CoPro, PQPlatform-TrustSys and 3 more.
Are Indra Group and PQShield in the same category?
They share Encryption, tokenization and key management. Indra Group's primary category is Threat intelligence and PQShield's is Post-quantum cryptography.
Where are Indra Group and PQShield headquartered?
Indra Group is headquartered in Madrid, Spain. PQShield is headquartered in United Kingdom.
Who owns Indra Group and PQShield?
PQShield is privately held.
Who are Indra Group and PQShield sold to?
From its own pages, Indra Group sells a dual offering to both civil and military customers and supports critical missions worldwide.
What have Indra Group and PQShield announced recently?
January 8, 2026: Indra Group reached an agreement with UK-based Altitude Angel to acquire the assets related to GuardianUTM, its modular unmanned air traffic management platform.

About Indra Group

Indra Group operates a Cyberdefence segment that provides platforms and services for planning, conducting and analysing military and governmental cyberspace operations, including command-and-control software, situational-awareness tools, encrypted communications and information-warfare toolkits. A press release describes the company as Madrid-based.[1][2][4]

Indra Group on the record

Sources

Indra Group full record

  1. [1]CyberdefenceIndra Group · defence.indragroup.com · undated page, accessed October 14, 2026 · Tier A
  2. [2]251030 indra group growth and investments usaIndra Group · indragroup.com · published October 30, 2025 · Tier A
  3. [3]Indra Group acquires Altitude Angel’s GuardianUTM platform to strengthen its leadership in drone traffic management while increasing its presence in the United KingdomIndra Group · published January 8, 2026 · Tier A
  4. [4]Indra Group | HomeIndra Group · undated page, accessed November 10, 2026 · Tier A

PQShield full record

  1. [1]pqshield.comPQShield · pqshield.com · undated page, accessed September 27, 2026 · Tier A
  2. [2]Pqshield raises 37m in series b funding to deliver the widespread commercial adoption of quantum resistant cryptography 302175607PQShield via PR Newswire · prnewswire.com · published June 20, 2024 · Tier A
  3. [3]PQShield and Kudelski Security Partner to Address Quantum Threat | PQShieldPQShield · published September 29, 2021 · Tier A
  4. [4]Post-quantum Cryptography Experts | Quantum-safe & Quantum-resistant SolutionsPQShield · undated page, accessed October 27, 2026 · Tier A
  5. [5]Post-Quantum Cryptography Solutions | PQShieldPQShield · published April 24, 2025 · Tier A
  6. [6]We are attending, WEF - Annual Meetings of the Global Future Councils and Cybersecurity, 14 Oct | PQShieldPQShield · published October 14, 2025 · Tier A
  7. [7]We are speaking: Security Privacy Identity & Trust (SPIT) SIG event, Cambridge, 28 January 2025 | PQShieldPQShield · published January 28, 2025 · Tier A
  8. [8]We are judging at - Cyber Security Awareness Week Europe, 7-8 November 2024 | PQShieldPQShield · published November 7, 2024 · Tier A
  9. [9]Quantum Security Company: What to Look For | PQShieldPQShield · undated page, accessed November 10, 2026 · Tier A
  10. [10]Quantum-safe & Quantum-resistant Software, Hardware & UpgradesPQShield · undated page, accessed November 10, 2026 · Tier A
  11. [11]PQShield partners with Tata Consultancy Services and eShard to meet commercial demand for protecting organisations against quantum the threat | PQShieldPQShield · undated page, accessed November 10, 2026 · Tier A

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