NIST announced yesterday that Classic McEliece is one of the Round-3 Finalists in the Post-Quantum Cryptography Standardization Process.

“As such, NIST selected Classic McEliece as a finalist and believes it could be ready for standardization (should NIST choose to select it) at the end of the third round.”

The full report by NIST can be found here.

The Classic McEliece submission in Round 3 is a merger of the Classic McEliece and NTS-KEM submissions to the previous rounds. The submission builds on code-based cryptography with binary Goppa codes, a proposal that has not been broken for more than 40 years.