US Market News
4日前
BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect, Advancing Its Mission of Building Trusted Quantum Technologies With World-Class Emulation, Digital Twin, and Control CapabilitiesJuly 1, 2026 7:30 AM
PR Newswire (US) This news release constitutes a "designated news release" for the purposes of BTQ's prospectus supplement dated June 18, 2026, to its short form base shelf prospectus dated April 29, 2025, as amended on September 22, 2025.Acquisition adds QPerfect's MIMIQ™ quantum emulator, Digital Twin capabilities, and Quantum Logical Unit to BTQ's expanding technology stack, advancing its mission of Building Trusted Quantum Technologies.VANCOUVER, BC, July 1, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that it has received regulatory approval from the French Foreign Direct Investment ("FDI") authorities for its previously announced acquisition (the "Acquisition") of the remaining ordinary shares of QPerfect SAS ("QPerfect"), a French quantum computing company based in Strasbourg, France, specializing in quantum software, emulation, digital twin capabilities, and control systems. The FDI clearance has been delivered subject to precise and detailed commitments imposed by the French Ministry for the Economy and Finance. In particular, these conditions require the maintenance of QPerfect's registered office in France, the appointment of a French corporate officer, the continuity of R&D activities, and the protection of intellectual property. These commitments reflect the will to preserve QPerfect's technological assets and strategic know-how in a sector that is critical to the technological sovereignty of France and Europe, and closely align with the objectives of BTQ.QPerfect is led by a team of scientists and engineers who have spent years advancing the frontier of neutral atom physics, quantum optics, quantum software engineering, and quantum system design. Founded in 2023, the company is recognized with the i-Lab Grand Prix and is known for breakthrough work in quantum emulation, bringing world-class quantum software, emulation, digital twin, and control capabilities for neutral atom platforms. QPerfect's technologies are designed to help researchers, developers, and hardware manufacturers model, test, benchmark, and control quantum systems before and during deployment on quantum hardware.The total purchase price for the Acquisition is comprised of (a) €18,592,242.83 paid on closing (the "Closing Consideration"), which consisted of €2,024,000.13 paid in cash and €16,568,242.70 paid by the issuance of 2,195,929 common shares in the capital of BTQ ("Common Shares"); and (b) an earnout payment of up to €5,672,680.72 (the "Earnout Consideration"), consisting of €440,604.07 payable in cash and €5,232,076.65 payable by the issuance of 693,450 Common Shares, with all Common Shares being issued at a price of approximately €7.54 per share based upon the applicable trading price as at the time the Acquisition was agreed upon. The Earnout Consideration is dependent on the achievement of certain milestones. In connection with the Acquisition, the Company also issued 198,808 restricted share units to Philippe Blot, the CEO of QPerfect, who is continuing on in his role with QPerfect.Strategic RationaleThe Acquisition strengthens BTQ's ability to build technologies for the transition from classical infrastructure toward trusted quantum systems. For BTQ, "Building Trusted Quantum Technologies" means preparing modern network infrastructure to securely co-exist with quantum computers. This is achieved by protecting modern systems from quantum-enabled threats, helping future networks remain secure, verifiable, and trusted throughout the quantum transition.As organizations begin preparing for post-quantum cryptography, complexities surrounding efficiency and implementation are becoming critical challenges for adoption. Quantum-safe cryptography can introduce larger keys, heavier computational requirements, more complex handshakes, and new constraints for embedded systems, telecommunications infrastructure, defense environments, and other performance-sensitive networks. BTQ believes the transition will require not only new cryptographic standards, but also optimized hardware, software, simulation, and control layers that make quantum-secure systems practical to deploy at scale.By integrating QPerfect's technology and team, BTQ adds three important capabilities to its expanding trusted quantum infrastructure stack:MIMIQ™, QPerfect's benchmark-leading quantum emulator, which enables developers and researchers to design, test, and validate quantum algorithms in software before deploying them on quantum hardware. Designed to outperform existing simulators and current quantum computers in targeted benchmark environments, MIMIQ™ has demonstrated stable 100+ qubit simulations on standard computing infrastructure, helping lower the barrier to large-scale quantum algorithm development, validation, and security testing.Digital Twin, QPerfect's system modeling capability, which is designed to create software-based representations of quantum systems, helping researchers and hardware developers simulate, optimize, and better understand quantum architectures and performance before physical deployment.Quantum Logical Unit, or QLU™, QPerfect's multi-layered control framework, which is designed to support the development of scalable, fault-tolerant quantum systems.Together, these capabilities are expected to support practical validation and testing frameworks for quantum-ready infrastructure, including next-generation TLS handshakes, PQC migration validation, quantum-safe secure communications, protocol resilience, interoperability testing, and hybrid quantum-classical network environments. These use cases are particularly relevant for defense, telecommunications, critical infrastructure, and other sectors where secure communications must be tested, validated, and hardened before deployment."Completing the acquisition of QPerfect is an important milestone for BTQ," said Olivier Roussy Newton, CEO and Chairman of BTQ. "QPerfect brings world-class quantum software, emulation, digital twin, and neutral atom expertise into our organization. These capabilities expand our technology stack and advance our mission of Building Trusted Quantum technologies by helping organizations prepare for the software, modeling, validation, and control layers required for future quantum systems.""We built QPerfect to solve one of the hardest problems in quantum computing — making quantum systems testable, reproducible, and deployable at scale," said Philippe Blot, CEO of QPerfect. "BTQ shares that ambition, and brings the global infrastructure and security focus to help us go further, faster. This partnership with BTQ comes at the right time for quantum technology and aligns perfectly with the long-standing collaboration between France and Canada, recently strengthened by the joint statement on quantum sciences and technologies signed on May 29, on the sidelines of the French-presided Digital G7. We are particularly pleased to continue developing QPerfect in France, on the campus of the European Center for Quantum Sciences (CESQ)."QPerfect's Strasbourg Hub Anchors BTQ's European R&DThrough the Acquisition, BTQ will further anchor its European quantum research and development activities in Strasbourg, France, within a growing academic, scientific, and industrial quantum ecosystem.QPerfect's location and network provide BTQ with access to specialized talent, research partnerships, and technical expertise across quantum simulation, control systems, neutral atom computing, and quantum design automation. The Company expects this European presence to support ongoing collaboration with universities, research institutions, and industrial partners as BTQ continues to develop deployable trusted quantum technologies.Research, Grants, and In-House ExpertiseQPerfect has established strong research relationships across the EU quantum ecosystem, including collaborations with universities, research institutions, and industrial partners in quantum computing. These relationships provide QPerfect with access to specialized expertise across quantum simulation, neutral atom computing, quantum design automation, and control systems, while supporting continued development of technologies for scalable quantum systems.QPerfect's in-house expertise is also reflected in recent research aligned with its emulation, Digital Twin, and QLU™ roadmap:Noise tailoring for error mitigation and diagnosing digital quantum computers
Direct link: https://arxiv.org/abs/2601.04830
This paper introduces Noise Tailoring, a method designed to modify the structure of two-qubit gate noise through statistical sampling. In classical emulation, the authors report that Noise Tailoring combined with error mitigation can be up to five times more accurate than error mitigation alone for realistic Pauli noise, while also proposing the method as a diagnostic tool for hardware development.
Correlated Atom Loss as a Resource for Quantum Error Correction
Direct link: https://arxiv.org/abs/2603.24237
This paper is directly relevant to neutral-atom architectures and QPerfect's work in QLU™ and Digital Twin modeling. It introduces a decoder that exploits correlated atom-loss structures in neutral-atom quantum processors, reporting up to an order-of-magnitude reduction in logical error probability and an increase in the loss threshold from 3.2% to 4%.Together, these grants, publications, and research activities reinforce QPerfect's role as a research-driven quantum software company advancing the simulation, validation, and control layers needed for scalable neutral-atom quantum systems.About BTQBTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterAbout QPerfectQPerfect is a French quantum computing company based in Strasbourg, France, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics, and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deeptech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers. At the core of QPerfect's innovation is the Quantum Logical Unit (QLU™), a multi-layered framework designed to accelerate quantum development. Its flagship product, MIMIQ™, forms the first layer of the QLU™ and offers a cutting-edge platform that executes quantum algorithms with unmatched speed, accuracy, and flexibility — surpassing existing simulators and current quantum computers. For more information, please visit https://qperfect.ioON BEHALF OF THE BOARD OF DIRECTORSOlivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release does not constitute an offer to sell or the solicitation of an offer to buy securitiesForward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including: the Earnout Consideration; that the Earnout Consideration will be paid in accordance with the Purchase Agreement; the impact of the Acquisition on the Company and its business; the Company's ability to execute on its business plans and strategy; the transition from classical infrastructure to Quantum Ready systems; challenges to the adoption of post-quantum cryptography; preparations for post-quantum cryptography; the results of quantum-safe cryptography; the requirements for post-quantum transition; the capabilities and expectations of MIMIQ™, Digital Twin and QLU™; the Company's European quantum research and development activities; the impact of quantum computing; the Company's QCIM initiative. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the Company's ability to continue as a going concern; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks relating to the completion of the proposed acquisition of QPerfect and the integration thereof; risks that QCIM, QSSN, Bitcoin Quantum, or other products may not achieve commercialization on the timelines anticipated or at all; risks that pilot programs and early- stage commercial deployments may not convert to revenue-generating contracts; risks relating to competition in the post-quantum cryptography and quantum computing industries; risks relating to the Company's dependence on key partnerships in South Korea and other jurisdictions; risks relating to changes in regulatory frameworks for digital assets, stablecoins, and post-quantum cryptographic standards; risks that the Bitcoin Quantum mainnet launch may not occur on the anticipated timeline or achieve the expected network adoption; changes in market conditions; the value of the Company's intangible assets, completing proof of concept studies; protecting intangible assets rights; timing and availability of external financing on acceptable terms or at all; the possibility that future results will not be consistent with the Company's expectations; increases in costs; and other risk factors as detailed from time to time. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information or forward-looking statements, except in accordance with applicable securities laws. Other factors which could materially affect such forward-looking statements are described in the risk factors in the Company's most recent annual management's discussion and analysis and annual information form, the Company's most recent quarterly management's discussion and analysis, and the Company's other filings with securities regulators which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-receives-final-approval-for-full-acquisition-of-qperfect-advancing-its-mission-of-building-trusted-quantum-technologies-with-world-class-emulation-digital-twin-and-control-capabilities-302815500.htmlSOURCE BTQ Technologies Corp. Original: BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect, Advancing Its Mission of Building Trusted Quantum Technologies With World-Class Emulation, Digital Twin, and Control Capabilities
US Market News
2週前
BTQ Technologies Appoints Brandt Pasco as U.S. Strategic Advisor for Post-Quantum Cryptography and SecurityJune 23, 2026 7:30 AM
PR Newswire (US) Appointment strengthens BTQ's engagement strategy as quantum computing, post-quantum cryptography, and secure national infrastructure become strategic policy prioritiesVANCOUVER, BC , June 23, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global technology company building the trust infrastructure for the quantum era, is pleased to announce the appointment of Brandt Pasco as U.S. Strategic Advisor for Post-Quantum Cryptography and Security. Mr. Pasco will advance BTQ's engagement with U.S. government stakeholders, public-sector agencies, research institutions, national security organizations, and strategic industry partners.The appointment comes at a pivotal moment for the U.S. quantum ecosystem. On June 22, 2026, the White House issued two executive orders: "Ushering in the Next Frontier of Quantum Innovation" and "Securing the Nation Against Advanced Cryptographic Attacks." Together, the orders seek to accelerate U.S. leadership in quantum computing, sensing, networking, and commercialization, while also directing the federal government to move high-value and high-impact systems toward NIST-approved post-quantum cryptography.These actions build on years of U.S. government progress in quantum technology and quantum security, including the 2018 National Quantum Initiative Act, which established a coordinated federal program to accelerate quantum research and development; federal post-quantum cryptography migration planning efforts; NIST's release of finalized post-quantum encryption standards in 2024; and the Department of Commerce's recent announcement of more than $2 billion in proposed CHIPS incentives to support the U.S. quantum ecosystem.For BTQ, this policy momentum reinforces the importance of trusted quantum technologies that can support governments, enterprises, and critical infrastructure operators as quantum computing moves from research and experimentation toward deployment, procurement, and national security planning.In his role, Mr. Pasco will support BTQ's U.S. strategy across its portfolio of trusted quantum technologies, including post-quantum security, hardware-level cryptographic acceleration, secure digital asset infrastructure, and quantum software. He will work closely with BTQ's leadership team to identify public-private partnership opportunities, support strategic policy engagement, and help position BTQ within the emerging U.S. quantum security ecosystem."Quantum is moving from a research priority to a national infrastructure priority," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "The recent acceleration of U.S. quantum policy reinforces the importance of building trusted technologies for the systems governments, enterprises, and critical networks will rely on. Brandt brings a rare combination of public-sector experience, national security perspective, regulatory knowledge, and private-market execution. His expanded role will strengthen BTQ's ability to engage with the U.S. government and strategic partners as the quantum market enters its next phase."Mr. Pasco brings more than two decades of experience across government, law, private equity, venture capital, and technology commercialization. His public-sector background includes approximately 15 years in key roles within the U.S. Congress, Department of Defense, and National Security Council. He later served as Associate General Counsel at In-Q-Tel, Inc., a leading U.S. venture capital organization supporting technologies aligned with national security priorities.In the private sector, Mr. Pasco has advised and helped scale high-growth technology and manufacturing companies, including serving as General Counsel of a company that grew to more than $1 billion in contracts. He is currently Managing Member of Pasco & Associates, where his work focuses on technology, venture capital, regulatory strategy, and high-value company formation."BTQ is working on technologies that sit directly at the intersection of quantum innovation, cybersecurity, and national security," said Brandt Pasco. "As governments begin moving from quantum research toward deployment, procurement, and cryptographic migration, companies with deep technical capabilities and credible execution will become increasingly important. I am excited to help BTQ build the relationships, partnerships, and policy alignment needed to support the Company's growth in the United States."Mr. Pasco holds a J.D. from Georgetown University, where he later served as an adjunct professor, a Master's degree from the University of Chicago, and a Bachelor's degree from the University of Kansas.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-appoints-brandt-pasco-as-us-strategic-advisor-for-post-quantum-cryptography-and-security-302807518.htmlSOURCE BTQ Technologies Corp. Original: BTQ Technologies Appoints Brandt Pasco as U.S. Strategic Advisor for Post-Quantum Cryptography and Security
US Market News
2週前
BTQ TECHNOLOGIES ANNOUNCES AT-THE-MARKET EQUITY PROGRAMJune 18, 2026 4:42 PM
PR Newswire (Canada) VANCOUVER, BC, June 18, 2026 /CNW/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced its at-the-market equity program (the "ATM Program") to offer and sell up to C$150,000,000 (or its equivalent in other currencies) of its common shares ("Common Shares"). Sales of Common Shares, if any, are anticipated to be made pursuant to the terms of a Controlled Equity OfferingSM Sales Agreement (the "Sales Agreement") dated June 18, 2026, among the Company, Cantor Fitzgerald Canada Corporation (the "Canadian Agent"), and Cantor Fitzgerald & Co. (the "U.S. Agent" and together with the Canadian Agent, the "Agents") in transactions that are deemed to be "at-the-market distributions" as defined in National Instrument 44-102 — Shelf Distributions or "at-the-market offerings" as defined in Rule 415 under the U.S. Securities Act of 1933, as amended, involving sales made by the Canadian Agent directly on Cboe Canada Inc. ("Cboe Canada"), and/or sales made by the U.S. Agent directly on the Nasdaq Global Market ("Nasdaq"), and/or on any other marketplace for Common Shares in Canada or the United States or as permitted pursuant to the Sales Agreement.The ATM Program is being established pursuant to a prospectus supplement dated June 18, 2026 (the "Canadian Prospectus Supplement") to the Company's short form base shelf prospectus dated April 29, 2025, as amended on September 22, 2025, (the "Canadian Base Shelf Prospectus") filed with the securities regulatory authorities in each of the provinces and territories of Canada, and pursuant to a prospectus supplement dated June 18, 2026 (the "U.S. Prospectus Supplement") to the Company's U.S. base prospectus (the "U.S. Base Shelf Prospectus") included in its registration statement on Form F-10 under the Securities Act of 1933, as amended, with the United States Securities and Exchange Commission (the "SEC") on and dated as of September 25, 2025 and declared effective on September 29, 2025 (Registration No. 333-290517) (the "Registration Statement" and collectively with the Canadian Prospectus Supplement, Canadian Base Shelf Prospectus, U.S. Prospectus Supplement, and U.S. Base Shelf Prospectus, the "Offering Documents").As outlined in the Offering Documents, the Company intends to use the net proceeds from the ATM Program for working capital purposes and to strengthen the position of its balance sheet. The net proceeds from the ATM Program are expected to provide the Company with flexibility with respect to its operations and potential future acquisitions.The Agents are not required to sell any specific number or dollar amount of Common Shares but will use their commercially reasonable efforts to sell, on the Company's behalf, all of the Common Shares requested to be sold by the Company. The Company may instruct the Agents not to sell Common Shares if the sales cannot be achieved at or above the price designated by the Company. There is no minimum amount of funds that must be raised under the Offering. This means that the ATM Program may terminate after only raising a small portion of the ATM Program amount set out above, or none at all. There can be no assurance that the Company will issue and sell any Common Shares under the ATM Program. The volume and timing of sales under the ATM Program, if any, will be determined at the Company's sole discretion at the market price prevailing at the time of each sale, and, as a result, sale prices may vary.The ATM Program will be effective until the earliest of (a) the issuance and sale of all of the Common Shares issuable pursuant to the ATM Program, (b) the date that the ATM Program is otherwise terminated pursuant to the terms of the Sales Agreement or (c) the expiry of the Canadian Base Shelf Prospectus.Potential investors should read the Offering Documents (including the documents incorporated by reference therein) and the Sales Agreement for more complete information about the Company and the ATM Program, including the risks associated with investing in BTQ. Cboe Canada and Nasdaq have been notified of the ATM Program. Listing of the Common Shares sold pursuant to the ATM Program on Cboe Canada and/or the Nasdaq will be subject to fulfilling all applicable listing requirements.About BTQBTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.ON BEHALF OF THE BOARD OF DIRECTORSOlivier Roussy Newton
CEO, ChairmanCboe Canada does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory, state or jurisdiction. Any offer, solicitation or sale will be made only by means of the Canadian Prospectus Supplement and the U.S. Prospectus Supplement.Copies of Offering DocumentsThe Canadian Prospectus Supplement, the Canadian Base Shelf Prospectus and the Sales Agreement are available at www.sedarplus.ca and the U.S. Prospectus Supplement, the U.S. Base Shelf Prospectus and the Registration Statement are available at www.sec.gov. Alternatively, the Agents will send copies of the Canadian Prospectus Supplement and the Canadian Base Shelf Prospectus or the U.S. Prospectus Supplement and the U.S. Base Shelf Prospectus, as applicable, upon request by contacting:Cantor Fitzgerald Canada Corporation
Attention: Equity Capital Markets, 181 University Avenue, Suite 1500, Toronto, ON, M5H 3M7, via email at ecmcanada@cantor.com Cantor Fitzgerald & Co.
Attention: Capital Markets, 110 East 59th Street, 6th floor, New York, New York 10022, via email at prospectus@cantor.com Forward-looking Statements:Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including: the anticipated sale and distribution of the Common Shares under the ATM Program, if any, the volume and timing of the sale and distribution of Common Shares under the ATM Program; the expected use of the net proceeds from the ATM Program; and receipt of Cboe approval for the listing of the Common Shares issued under the ATM Program. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information. The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the Company's ability to continue as a going concern; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in market conditions; the value of the Company's intangible assets, completing proof of concept studies; protecting intangible assets rights; timing and availability of external financing on acceptable terms or at all; the possibility that future results will not be consistent with the Company's expectations; increases in costs; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); and other risk factors as detailed from time to time. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information or forward-looking statements, except in accordance with applicable securities laws. Other factors which could materially affect such forward-looking statements are described in the risk factors in the Company's most recent annual management's discussion and analysis and annual information form, the Company's most recent quarterly management's discussion and analysis, the Canadian Prospectus Supplement, the U.S. Prospectus Supplement and the Company's other filings with securities regulators which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-announces-at-the-market-equity-program-302804891.htmlSOURCE BTQ Technologies Corp. Original: BTQ TECHNOLOGIES ANNOUNCES AT-THE-MARKET EQUITY PROGRAM
US Market News
2月前
BTQ Technologies Announces Shareholder Call and Provides Q1 2026 Corporate Update Highlighting Commercial Progress Across QCIM, QPerfect, QSSN and Bitcoin QuantumMay 18, 2026 7:30 AM
PR Newswire (Canada) VANCOUVER, BC, May 18, 2026 /CNW/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today provided its corporate update for the first quarter of 2026, highlighting progress across its four core business lines: QCIM, QPerfect (pending the completion of the acquisition of QPerfect), Quantum Secure Systems & Networks ("QSSN"), and Bitcoin Quantum, alongside capital markets milestones that expanded BTQ's visibility with institutional and thematic investors. Where BTQ FitsBTQ's mandate is to deploy quantum today, not tomorrow. The Company believes quantum computers will sit alongside traditional high performance computing on the same internet that already moves money, identity, and access for critical systems. That trust exists because encryption and authentication are embedded in nearly every connected device. As quantum capability rises, the same cryptography that protects tens of trillions of dollars in digital value must be upgraded without breaking the infrastructure that depends on it.The post-quantum migration is expected to be one of the most complex cryptographic transitions undertaken to date. Cloud servers and browsers can adopt new algorithms through software updates, but the world now runs on mobile devices, IoT endpoints, 5G and 6G networks, data centers, and physically secure equipment in power grids and defense systems. These environments need high performance and tamper resistant hardware, firmware, and software that is flexible to evolving standards across regions. Without that foundation, new quantum computing benefits will collide with legacy security, and trust on the internet may be compromised.BTQ is aiming to address this challenge with the development of a full stack platform across four pillars: Quantum Secure Systems & Networks (QSSN / Digital Assets): Securing the digitization of the world's fiat money supply by providing a post-quantum settlement layer mandated by regulators for the transfer and issuer controls for digital assets and stablecoins, a segment with high exposure to quantum risk.
QCIM hardware acceleration and secure elements: Delivering crypto-agile quantum security to billions of interconnected devices with the most performant form factor so governments and companies can remain secure and adaptive to developments in cryptographic standards.
QPerfect / neutral atom platforms: Pending the completion of the acquisition of QPerfect, this business is expected to add critical building blocks and core technologies for advanced neutral atom emulation and control for a leading qubit modality, enabling customers to deploy fault tolerant quantum algorithms on highly scalable quantum hardware.Bitcoin Quantum: What the Company believes to be the first quantum-safe fork of Bitcoin, designed to demonstrate that the world's largest cryptocurrency network can be migrated to post-quantum cryptography and serving as a live environment and liquidity bridge for quantum-threatened digital assets across the broader blockchain ecosystem.The Company's platform remains aligned with emerging cryptographic standards and regulatory initiatives globally. QSSN has been referenced in the Post-Quantum Financial Infrastructure Framework ("PQFIF") submitted to the SEC, while BTQ maintains leadership roles within QuINSA, chairs the Quantum Communications Working Group, and continues advancing QPoW as the alliance's first consensus work item."Q1 2026 reflected continued execution across every major area of our business as we move from foundational architecture and research into commercialization and deployment," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "Across QCIM, QPerfect, QSSN, and Bitcoin Quantum, we continued to expand our technical capabilities, deepen strategic partnerships, and validate commercial pathways in some of the most important infrastructure markets emerging around post-quantum security. We believe the global transition toward quantum-secure systems is accelerating, and BTQ remains focused on building the hardware, middleware, and secure network infrastructure needed for that transition."State of the MarketGlobal urgency around post-quantum migration continued to accelerate through Q1 2026 as governments, standards bodies, financial institutions, and critical infrastructure operators moved from awareness toward inventory, planning, testing, and early implementation.This momentum is increasingly reflected in formal transition timelines. CNSA 2.0 establishes phased expectations for U.S. National Security Systems, including quantum-resistant requirements for new acquisitions beginning in 2027 and broader transition targets extending through 2030, 2031, and 2035. Canada's roadmap calls for initial departmental PQC migration plans beginning in April 2026, with high-priority systems targeted for completion by the end of 2031 and remaining systems by the end of 2035. The EU roadmap similarly calls for Member States to establish national transition roadmaps by the end of 2026, address high-risk use cases by 2030, and complete broader transition by 2035.Financial services are emerging as a priority area for migration because banking infrastructure, tokenized money, stablecoins, digital assets, and long-life transaction records depend heavily on cryptographic trust. BTQ believes this creates a significant opportunity for integrated infrastructure providers capable of bridging legacy systems with next-generation quantum-secure architectures.At the same time, momentum across the broader quantum ecosystem continued to build during Q1 2026, particularly across neutral-atom computing, quantum simulation, post-quantum cryptography, and hybrid quantum-classical workflows. This reinforces BTQ's view that the market is moving in parallel across two tracks: protecting today's digital infrastructure from quantum risk while preparing for future quantum computing capabilities.BTQ is building quantum-secure infrastructure for the real world. The Company's platform spans secure digital money infrastructure, post-quantum silicon and hardware acceleration, fault-tolerant quantum software and control systems, and quantum-safe blockchain infrastructure. Together, these pillars are designed to support the transition from classical cryptographic systems to quantum-resilient networks across finance, defense, telecommunications, AI, IoT, and critical infrastructure.QCIM / Hardware Acceleration and Secure ElementsBTQ continued advancing QCIM toward commercialization during Q1 2026, with the Company completing key engineering hires and progressing toward its planned tape-out timeline.QCIM is being developed as a crypto-agile post-quantum hardware platform designed to address gaps in the current PQC hardware landscape, including crypto agility, side-channel security, constrained-device deployment, and performance efficiency. The platform is intended to support secure execution of post-quantum cryptographic workloads in environments where software-only migration may be insufficient, including embedded systems, secure elements, payments infrastructure, telecommunications, defense systems, digital assets, and critical infrastructure.During the quarter, BTQ continued work on QCIM's core architecture and early performance targets, with a focus on minimal hardware footprint, efficient implementation, and support for multiple cryptographic algorithm suites within the same package. The Company believes this combination can make QCIM attractive to enterprises, governments, and device manufacturers seeking post-quantum security without sacrificing performance, power efficiency, or flexibility.BTQ also continued to advance its strategic collaborations with ICTK and ITRI. The ICTK relationship remains focused on co-developing a production-grade secure element platform, while the ITRI collaboration is intended to support silicon validation, benchmark development, and integration planning.The Company expects QCIM to continue moving toward productization during 2026, with commercialization efforts focused on early partner engagement, validation, and future deployment opportunities across industries requiring crypto-agile post-quantum security.QPerfect / Neutral-Atom PlatformsPending completion of the previously announced acquisition by BTQ, QPerfect continued advancing its neutral-atom software, emulation, and fault-tolerant control stack during Q1 2026, with progress across its three core product lines: MIMIQ, Digital Twin, and Quantum Logic Unit ("QLU").QPerfect remains an important part of BTQ's broader quantum strategy. Pending completion of the acquisition of QPerfect, this business is expected to add critical building blocks and core technologies for advanced neutral-atom emulation and control, supporting customers seeking to design, test, and eventually deploy fault-tolerant quantum algorithms on scalable quantum hardware.MIMIQPending completion of the acquisition, QPerfect is preparing to release TensorWeaver, a new high-performance MPS / Tensor-Network engine within the MIMIQ framework designed for on-premises execution. TensorWeaver is expected to be installable locally across laptops, workstations, and local compute clusters, expanding MIMIQ beyond cloud-based workflows.This new engine unlocks a meaningful commercial segment for customers whose needs go beyond the current cloud offering, including security-sensitive users that require local or on-premises execution. QPerfect is already exploring this opportunity with active prospects in South Korea and France.Digital TwinQPerfect's Digital Twin platform advanced from static hardware models toward dynamic models capable of incorporating atom movement. The development team is also working on optimizing atomic movement and scheduling parallel operations.These developments are designed to support higher-fidelity neutral-atom system modeling and improve the connection between software simulation, hardware behavior, and future control-layer deployment.Quantum Logic UnitDuring Q1 2026, QPerfect completed the QLU demonstrator. The demonstrator includes an architecture walkthrough and logical-gate execution, representing an important step toward a more complete Quantum Logic Unit.BTQ believes the QLU can become a foundational control layer for executing advanced fault-tolerant quantum algorithms on neutral-atom hardware, including future applications such as BTQ's One-Shot Signatures.Community and VisibilityQPerfect continued expanding its visibility across the European quantum ecosystem during the quarter through participation in:UpQuantVal Interreg Upper Rhine Industry Day at CESQForum Quantique Défense 2026 at École PolytechniqueVivaTech 2026, where QPerfect was selected for the second consecutive year as part of the Grand Est delegationQuantum Week 2026 in StrasbourgEuRyQa Conference, including a talk by Asier Piñeiro Orioli and a poster by Tom Hartweg Additional Q1 2026 milestones included:SDT / QUREKA now fully operationalQ-PLANET Grant Consortium Agreement signedCESQ / aQCess Accord Spécifique N°01 being finalized with SATT, UNISTRA, and CNRSQuantum in Practice #2 webinar attracting more than 85 registrationsTwo new CESQ research papers with QPerfect co-authors, including work on noise tailoring and LDPC La-cross codesOutlookFor the remainder of 2026, QPerfect's priorities include pursuing collaborations with hardware partners and putting the Digital Twin and QLU in front of real neutral-atom platforms. Key tracks include aQCess noise-model validation, CESQ / Q-PLANET, and opportunities in South Korea.QPerfect also intends to continue building a complete Quantum Logic Unit to enable algorithms such as BTQ's One-Shot Signatures to run on hardware. QLU v1 is currently targeted for mid-2027.Quantum Secure Systems & Networks (QSSN)BTQ's QSSN business reached commercial-grade readiness during Q1 2026, with milestones that position QSSN as the quantum-safe control layer for regulated tokenised money in South Korea. The platform supports stablecoins today, with architecture extending to tokenised deposits and regulated settlement infrastructure aligned with broader international direction.Most notably, QSSN was selected as a core post-quantum security infrastructure component for South Korea's first bank-led KRW stablecoin pilot project. The milestone builds on BTQ's prior work with Danal and Finger and further validates QSSN's role in post-quantum digital money infrastructure.BTQ also completed pilot validation with Finger, which has a banking-app user base of more than 400,000. The validation processed 1,477 cumulative production transactions at a 100% transaction success rate and 0% fallback rate, an improvement from a 93.6% baseline. It also settled more than 753,000 MCCX, the pilot's native token, created more than 200 post-quantum wallets, and validated six on-chain transfer routes.The Company's South Korean commercial ecosystem now spans partnerships across:Danal for commercial payments infrastructureFinger for banking distributioniM Bank for commercial banking deploymentDaou Data for enterprise IT and paymentsKeypair for hardware and co-developed intellectual propertyThis ecosystem gives BTQ a commercial pathway across payments, banking, enterprise IT, hardware-rooted security, and regulated digital asset infrastructure.OutlookFor the remainder of 2026, BTQ's priorities for QSSN include converting the Finger pilot into a live commercial deployment, with iM Bank as the lead commercial conversion candidate and Finger continuing as the channel into additional downstream banks already in pipeline. The Company anticipates exploring monetization across several potential vectors, which may include validator-node licensing, per-transaction validation fees, and deployment fees.The Company also intends to stand up a dedicated QSSN sales and solution-engineering team to monetize the Korean ecosystem and extend into new regulated markets, part of the broader commercialization buildout being scaled across BTQ in 2026.BTQ believes the Korean playbook can be replicated across three priority regions. In Taiwan, the Company is in early commercial engagement with prospective VASP and banking partners. In the United States, BTQ is in preliminary discussions with a major U.S. financial institution. In Europe, regulated tokenised-money infrastructure is increasingly aligned with broader Eurosystem direction. Korea proves the model, and these regions size the market.Bitcoin QuantumBitcoin Quantum continued scaling rapidly during Q1 2026 as the initiative advanced toward a targeted mainnet launch.During the quarter, BTQ completed what it believes represents the first production-grade quantum-safe Bitcoin upgrade through full deployment of BIP 360, including Pay-to-Merkle-Root ("P2MR"), SegWit compatibility, all five Dilithium opcodes, and end-to-end CLI tooling. BTQ believes this is the most complete public reference implementation of post-quantum Bitcoin in the industry to date.As of March 31, 2026, the Bitcoin Quantum testnet had scaled to more than 75 miners, more than 300,000 blocks mined, and more than 150 open-source contributors, demonstrating real network behavior under production-like conditions.BTQ also conducted the first hard network analysis of a production-grade quantum-safe Bitcoin fork. A public simulation dashboard, open-sourced testing platform, and accompanying white paper are expected for release in the near term, intended to establish Bitcoin Quantum as a reference work for engineering and validating Bitcoin's post-quantum migration.OutlookBTQ's current Bitcoin Quantum roadmap includes a sequenced path toward a targeted mid-2026 mainnet launch, which is expected to open token liquidity, miner economics, and on-chain commercial activity. If achieved on this timeline, the Company believes Bitcoin Quantum would be among the first quantum-safe Bitcoin chains to reach mainnet.Exchange and custody integrations are expected to roll out across 2026 and 2027, supporting institutional access, listing-driven distribution, and market-discoverable token pricing.Over time, the Company expects Bitcoin Quantum to support recurring revenue opportunities tied to mining infrastructure, market making, custody services, and treasury management, in a category BTQ is actively standardizing.Financial Overview and Shelf RegistrationThe Company ended Q1 2026 with a cash balance of C$12,132,953. A base shelf prospectus registration remains in place to preserve strategic flexibility. Any future use of the shelf would be subject to applicable regulatory requirements and prevailing market conditions at the time of issuance.OutlookBTQ enters the remainder of 2026 with momentum across all major verticals of the business.The Company's priorities for the year include advancing QCIM toward productization and silicon validation, expanding QPerfect's neutral-atom software and middleware stack, converting QSSN pilot environments into broader institutional deployments, and progressing Bitcoin Quantum toward mainnet launch and ecosystem integration.More broadly, BTQ believes its strategy remains aligned with one of the most significant infrastructure transitions underway globally: the migration of financial systems, communications networks, and critical digital infrastructure toward post-quantum resilience.By operating across hardware, middleware, standards, and secure network infrastructure, BTQ is positioning itself to support institutions through that transition while building long-term commercial value across multiple revenue pathways.BTQ Technologies to Host Live Webinar on Q1 2026 Financial Results and General Corporate UpdateThe Company is also pleased to announce that it will hold a shareholder call on Tuesday, May 19, 2026, at 12:00 p.m. EST to discuss its Q1 2026 financial results and provide a general corporate update.IMPORTANT – To register for the webcast see below:When: May 19, 2026Time: 12:00 PM Eastern TimeTopic: BTQ Technologies Shareholder Call to Discuss Q1 2026 Financial Results and General Corporate UpdateRegister in advance for this webinar:https://zoom.us/webinar/register/WN_qiXl2avoR6q-gZxejb-Q5gAfter registering, you will receive a confirmation email containing information about joining the webinar.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterAbout Qperfect
QPerfect is a French quantum computing company based in Strasbourg, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics, and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deeptech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers. At the core of QPerfect's innovation is the Quantum Logical Unit (QLU), a multi-layered framework designed to accelerate quantum development. Its flagship product, MIMIQ, forms the first layer of the QLU and offers a cutting-edge platform that executes quantum algorithms with unmatched speed, accuracy, and flexibility — surpassing existing simulators and current quantum computers. For more information, please visit https://qperfect.io
ON BEHALF OF THE BOARD OF DIRECTORSOlivier Roussy Newton
CEO, Chairman
For further information: E: desk@btq.comNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks relating to the completion of the proposed acquisition of QPerfect and the integration thereof; risks that QCIM, QSSN, Bitcoin Quantum, or other products may not achieve commercialization on the timelines anticipated or at all; risks that pilot programs and early-stage commercial deployments may not convert to revenue-generating contracts; risks relating to competition in the post-quantum cryptography and quantum computing industries; risks relating to the Company's dependence on key partnerships in South Korea and other jurisdictions; risks relating to changes in regulatory frameworks for digital assets, stablecoins, and post-quantum cryptographic standards; risks that the Bitcoin Quantum mainnet launch may not occur on the anticipated timeline or achieve the expected network adoption; and other risk factors as detailed from time to time in the Company's public disclosure documents filed on SEDAR+ and EDGAR. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-announces-shareholder-call-and-provides-q1-2026-corporate-update-highlighting-commercial-progress-across-qcim-qperfect-qssn-and-bitcoin-quantum-302774487.htmlSOURCE BTQ Technologies Corp. Original: BTQ Technologies Announces Shareholder Call and Provides Q1 2026 Corporate Update Highlighting Commercial Progress Across QCIM, QPerfect, QSSN and Bitcoin Quantum
US Market News
2月前
BTQ Technologies' QSSN Selected as Core Security Infrastructure for South Korea's First Bank-Led KRW Stablecoin Proof-of-ConceptMay 6, 2026 7:30 AM
PR Newswire (Canada) BTQ provides strategic advisory support and QSSN as core PQC security infrastructure for the iM Bank initiative on the Kaia mainnet, advancing post-quantum migration across global financial infrastructureBTQ has been selected as the core post-quantum cryptography security technology provider for South Korea's first bank-led KRW stablecoin proof-of-concept, delivering its Quantum Secure Stablecoin Settlement Network ("QSSN") for the initiative.
BTQ is providing strategic advisory support and helping coordinate implementation across the partnership with iM Bank and Finger, supporting the integration of post-quantum protections into regulated digital money infrastructure.
Built on the Kaia mainnet, the proof-of-concept is connected to the blockchain ecosystems originally developed by Kakao and LINE, linking the initiative to two of the largest messaging and digital platform ecosystems in Korea and Japan.VANCOUVER, BC, May 6, 2026 /CNW/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced that it it has been selected as the core PQC security technology provider through its Quantum Secure Stablecoin Settlement Network ("QSSN") in a proof-of-concept with its Korean strategic partner, Finger Inc. ("Finger"), and iM Bank, a leading Korean commercial bank, for South Korea's first bank-led Korean won stablecoin infrastructure incorporating post-quantum cryptography ("PQC"). The proof-of-concept represents more than a technical pilot. It marks an important step in bringing next-generation quantum security into banking infrastructure within Korea's regulated financial system. In addition to providing QSSN as the core PQC security framework, BTQ is contributing consulting and strategic coordination across the three-way partnership, helping align the project's security architecture, implementation approach, and long-term post-quantum migration objectives."Post-quantum migration requires more than a cryptographic upgrade. It requires coordination across infrastructure, implementation, and institutional stakeholders," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "In this initiative, BTQ is providing both strategic advisory support and QSSN as the post-quantum security architecture, while helping lead coordination across the three-way partnership. We believe this proof-of-concept demonstrates how financial institutions can begin integrating quantum-resilient protections into digital money systems in a practical and operationally viable way."South Korea's First Bank-Led PQC Stablecoin Infrastructure InitiativeBTQ is working alongside iM Bank and Finger on a three-way initiative to validate the issuance and distribution infrastructure for a Korean won stablecoin. In addition to supplying QSSN as the PQC security layer, BTQ is providing consulting support and helping to guide coordination across the partnership as the parties evaluate how to integrate post-quantum protections into bank-led digital asset infrastructure.The proof-of-concept will validate several key components, including real-time reconciliation between bank reserves and blockchain-issued supply, a global-standard smart contract architecture, connectivity to global infrastructure for overseas distribution, and the integration of a PQC-based dual-signature security structure. By applying BTQ's PQC signature architecture alongside the existing ECDSA cryptographic framework, the system is designed to preserve operational continuity for financial institutions while proactively addressing future quantum computing threats.Built on Kaia MainnetA notable feature of the proof-of-concept is that it will be implemented on the Kaia mainnet, one of Korea's leading Layer 1 blockchain networks. Kaia was created through the merger of Klaytn, the blockchain originally developed by Kakao, and Finschia, the blockchain associated with LINE. Kakao and LINE sit at the center of two of the largest messaging and digital platform ecosystems in Korea and Japan, respectively, making Kaia a significant piece of regional digital infrastructure.Klaytn previously participated in the Bank of Korea's CBDC pilot ecosystem, and the Bank of Korea has continued to advance CBDC testing through initiatives such as Project Hangang.By combining BTQ's PQC technology with blockchain infrastructure tied to the Kakao and LINE ecosystems, the proof-of-concept is intended to establish a model that aligns institutional-grade security, blockchain scalability, and evolving regulatory requirements for digital money infrastructure.QSSN as the Security LayerThe PQC security foundation for the initiative is BTQ's Quantum Secure Stablecoin Settlement Network, or QSSN, a quantum-secure network architecture designed for stablecoin, tokenized deposit, payment, and digital asset infrastructure. QSSN is designed to protect critical issuer functions, including stablecoin issuance, burning, transfer authority, upgrade control, and administrative permissions, by integrating PQC-based signatures while maintaining existing user experience and operational workflows.BTQ has previously announced that QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework ("PQFIF") as a model architecture for post-quantum digital money infrastructure. The Company has also positioned QSSN as a standards-oriented initiative advanced through QuINSA and aligned with emerging post-quantum financial infrastructure requirements.Addressing the Harvest-Now, Decrypt-Later RiskThe timing of the proof-of-concept reflects the growing urgency surrounding the "Harvest-Now, Decrypt-Later" risk, in which attackers may collect encrypted financial data today and decrypt it later once sufficiently advanced quantum capabilities emerge. Global institutions are already accelerating post-quantum migration. The U.S. National Institute of Standards and Technology ("NIST") has finalized its first set of post-quantum cryptography standards, including ML-DSA, ML-KEM, and SLH-DSA, while major technology companies and financial institutions continue to define their own post-quantum transition timelines.BTQ's QSSN addresses this challenge through a dual-signature design that allows existing ECDSA-based infrastructure to operate in parallel with NIST-aligned PQC signatures such as ML-DSA. This approach enables banks and payment infrastructure providers to begin a phased transition toward quantum-safe security without disrupting existing systems.Expanding BTQ's Korean EcosystemBTQ continues to expand its Korean ecosystem across digital assets, payments, banking infrastructure, and hardware-based security. In October 2025, BTQ announced that Finger had joined Danal as an early participant in BTQ's QSSN pilot program, with the initiative expected to progress from proof-of-concept toward commercialization under QuINSA-aligned guidelines and broader industry frameworks such as PQFIF.The commencement of the iM Bank proof-of-concept represents an important commercial signal for BTQ, indicating that demand for post-quantum migration among Korean financial institutions is beginning to move from policy discussion toward infrastructure-level implementation. As Korea advances both quantum technology policy and stablecoin-related regulatory discussions, BTQ believes QSSN is well positioned at the intersection of regulated finance, digital asset infrastructure, and post-quantum security.About iM Bank
iM Bank is a South Korean commercial bank and a subsidiary of DGB Financial Group. Headquartered in Daegu, iM Bank presents itself as a financial companion for customers and traces its roots to Daegu Bank, which was established in 1967 as Korea's first regional bank. For more information, please visit https://www.imbank.co.kr/About Finger Inc. Group
Finger supplies and develops financial IT solutions to provide optimized money management strategies for employees and corporate customers. Providing "Smartphone Financial Services", "Corporate Cash Management Services" for businesses, "Private Wealth Management Services" for private consumers.Since the year 2000, Finger has accumulated a number of awards and patents regarding its businesses. Based on its Mobile Enterprise Application Platform(MEAP) Orchestra and its funds management system using screen-scrapping technologies, Finger was the first company in Korea to deliver a smartphone banking banking-service. For more information, please visit http://www.finger.co.kr/About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-qssn-selected-as-core-security-infrastructure-for-south-koreas-first-bank-led-krw-stablecoin-proof-of-concept-302763840.htmlSOURCE BTQ Technologies Corp. Original: BTQ Technologies' QSSN Selected as Core Security Infrastructure for South Korea's First Bank-Led KRW Stablecoin Proof-of-Concept
US Market News
3月前
BTQ Technologies Advances Quantum Reliability at Scale with First General Theory of Error Correction for Permutation-Invariant CodesApril 16, 2026 7:30 AM
PR Newswire (US)
Co-authored by BTQ Chief Quantum Officer Dr. Gavin K. Brennen, the research introduces a new error-correction framework for permutation-invariant codes—an enabling step toward more reliable quantum systems at scale. BTQ Chief Quantum Officer Dr. Gavin K. Brennen co-authored new collaborative research with Macquarie University and Yingkai Ouyang (University of Sheffield), reinforcing BTQ's direct role in advancing foundational quantum science.
The paper introduces what the authors describe as the first general theory of quantum error correction for permutation-invariant (PI) codes, including efficient algorithms to correct correctable errors and a simpler approach for certain erasure/deletion errors.
The work targets a core industry bottleneck—improving reliability as quantum systems scale—and supports BTQ's long-term strategy to build quantum and post-quantum infrastructure for secure, resilient next-generation computing and networks.
BTQ is advancing commercialization in parallel through its quantum software platform, including QPerfect's tooling for quantum development and operations—such as QLU for fault-tolerant quantum control and MIMIQ for high-speed quantum emulation—bridging foundational research with product-focused execution.VANCOUVER, BC, April 16, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today highlighted new collaborative research led through the work of Chief Quantum Officer Dr. Gavin K. Brennen, advancing quantum error correction for permutation-invariant codes.
BTQ-Led Research Contribution with Macquarie University and University of SheffieldThe research, conducted as new work from BTQ and Macquarie University with Yingkai Ouyang at the University of Sheffield, reinforces BTQ's direct role in foundational quantum research. Dr. Brennen is a co-author of the paper alongside Dr. Ouyang, underscoring BTQ's active involvement in advancing core scientific frameworks that may support more resilient next-generation quantum systems.What the Paper Introduces: A General Error-Correction Framework for Permutation-Invariant CodesIn the paper, A theory of quantum error correction for permutation-invariant codes, the authors present what they describe as the first general theory of error correction for permutation-invariant, or PI, codes. According to the abstract, the work introduces efficient algorithms that can correct any correctable error on any PI code, and also presents a simpler quantum error correction algorithm for certain erasure and deletion errors.Advancing Reliability as Quantum Systems ScaleIn simple terms, this research addresses one of the biggest obstacles in quantum computing: keeping quantum systems accurate and reliable as they scale. By advancing new methods for correcting errors more efficiently, BTQ is contributing to the foundational infrastructure required to move quantum technology from theory toward practical, real-world use. This reinforces BTQ's role in developing core intellectual property and technical expertise in areas expected to be critical to the long-term evolution of quantum computing and secure quantum systems. This significance is grounded in the paper's focus on quantum error correction, which is broadly considered a core requirement for robust quantum systems."This work reflects BTQ's commitment to advancing the foundational technologies that will underpin practical quantum systems," said Gavin Brennen, Chief Quantum Officer of BTQ Technologies. "By contributing directly to research in quantum error correction, BTQ is helping expand the theoretical tools needed to protect quantum information and improve the resilience of future quantum technologies. In the end, quantum machines will process information using codes that provide the best performance for a target application, be it storing quantum memory for communications, acquiring signals for quantum sensing, or fault tolerant quantum computing. We showed that PI codes, which are less well studied than stabilizer codes, are capable of correcting standard errors as well as errors that other codes can't, and at the same time are simpler to control in some architectures."The paper marks a progression from the team's earlier work on PI codes for error-corrected quantum sensing and code switching for universal gates, highlighting BTQ's continued momentum in this research track.Foundational R&D Supporting Secure Quantum InfrastructureBTQ continues to advance commercialization across its quantum technology platform, pairing foundational research with product-focused execution. Through QPerfect, BTQ is progressing software and tooling designed to support the development and operation of next-generation quantum systems, including QLU—fault-tolerant quantum control software intended to bridge high-level quantum programs to error-corrected execution. By combining applied product development with ongoing innovation in core enabling layers such as quantum error correction, BTQ is focused on building durable, commercially relevant capabilities that support the long-term deployment of secure and scalable quantum technologies.BTQ continues to support research and development across quantum and post-quantum technologies, with a focus on high-value technical domains that align with the Company's long-term strategy in secure computation, communications, and mission-critical infrastructure. By combining advanced research with commercialization-focused development across its broader platform, BTQ aims to build durable long-term value at the intersection of quantum innovation and security.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Original: BTQ Technologies Advances Quantum Reliability at Scale with First General Theory of Error Correction for Permutation-Invariant Codes
US Market News
3月前
BTQ Technologies Partners with Daou Data to Advance Hardware-Rooted Post-Quantum Security for Korea's Payment InfrastructureApril 14, 2026 7:30 AM
PR Newswire (US)
Collaboration targets next-generation protection for payment gateway and VAN systems through hardware-based Korean post-quantum cryptography, with implementation support from KeypairBTQ Technologies has entered into a strategic collaboration with Daou Data, a key affiliate of the broader Daou Kiwoom Group that is widely regarded as its de facto holding company, to advance hardware-rooted post-quantum security for Korea's payment infrastructure. The collaboration also creates a potential pathway into a broader enterprise ecosystem spanning finance, IT, security, HR, content, and commerce.
The collaboration combines BTQ's expertise in post-quantum cryptography and hardware-rooted trust architectures with Daou Data's scale in enterprise IT and payments, creating a pathway for real-world deployment in critical financial infrastructure.
Keypair will support the implementation of the initiative, building on BTQ's previously announced strategic investment and co-development relationship focused on hardware-rooted security technologies for Korea's critical infrastructure.
The announcement also reinforces BTQ's broader momentum in Korea, including recent progress with ICTK, Danal, Finger, and QSSN standardization efforts, positioning the Company at the intersection of post-quantum hardware, payments, banking, and next-generation secure communications.VANCOUVER, BC, April 14, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced a strategic collaboration with Daou Data Corp. ("Daou Data"), one of Korea's leading IT and payment infrastructure companies, to advance hardware-rooted post-quantum security for Korea's electronic payment systems.
Strengthening Korea's Payment Infrastructure for the Quantum EraThe collaboration is focused on strengthening the security architecture of Daou Data's payment gateway ("PG") and value-added network ("VAN") infrastructure through the introduction of hardware-based Korean post-quantum cryptography ("K-PQC"). The initiative is designed to help prepare critical payment infrastructure for the emerging risks posed by quantum computing, including so-called Harvest Now, Decrypt Later attacks, in which encrypted data intercepted today may be stored and decrypted in the future once sufficiently powerful quantum systems become available.Under the collaboration, BTQ will contribute its expertise in post-quantum security architecture, hardware-rooted trust frameworks, and deployment design for long-life institutional systems. Daou Data will explore deployment pathways across its payment and enterprise infrastructure, with an initial focus on reinforcing the security foundations of its PG and VAN environments. The goal is to establish a more secure architecture for key generation, cryptographic processing, and key management within dedicated hardware boundaries, helping reduce exposure to external leakage even in the event of system intrusion or elevated privilege compromise.Keypair's Supporting Role in the CollaborationKeypair will participate in the collaboration as a supporting implementation partner, contributing hardware security modules and device-layer integration capabilities. Keypair's role builds on BTQ's previously announced strategic investment in the company, under which BTQ secured co-ownership of Keypair's existing and future post-quantum cryptography-related intellectual property and began co-developing next-generation, post-quantum-ready, hardware-rooted security technologies for infrastructure-grade systems. BTQ's relationship with Keypair is intended to accelerate implementations across payments, identity, and regulated institutional systems in Korea.Why Daou Data MattersDaou Data is a major enterprise IT solutions and payment infrastructure company and serves as the de facto holding company of the broader Daou Kiwoom Group, which includes seven listed affiliates across KOSPI and KOSDAQ operating across finance, IT, security, HR, content, and commerce. The broader group includes Kiwoom Securities, one of Korea's flagship securities firms, as well as KICA (Korea Information Certificate Authority / SignGATE), a foundational institution in Korea's digital identity, certification, and secure transaction ecosystem. This makes Daou Data a strategically important partner for exploring how post-quantum and hardware-rooted security can be introduced into real financial and enterprise infrastructure in one of the world's most advanced digital markets.BTQ's Expanding Presence in KoreaThe collaboration also reflects BTQ's growing operational footprint in Korea. In recent months, BTQ announced a US$15 million agreement with ICTK to co-develop quantum-secure chip technology and explore collaboration in mass production, certification, and standardization; launched a QSSN proof of concept with Danal, Korea's leading mobile carrier billing provider and operator of Paycoin; and expanded QSSN deployment with Finger Inc. Group, which BTQ described as Korea's largest banking-solutions developer serving major financial institutions. Together, these initiatives position BTQ across hardware security, payments infrastructure, and banking-oriented post-quantum deployment pathways in Korea.Standards and Strategic AlignmentThe broader standards backdrop is also becoming increasingly important. BTQ has previously announced that QuINSA formally approved QSSN as a global standards initiative with unanimous support, placing it on a path toward submissions to ITU, ISO, ETSI, and IEEE. BTQ will help steer the technical roadmap, aligning QSSN with emerging Korean, U.S., and European post-quantum and digital infrastructure initiatives. While this collaboration with Daou Data is distinct from BTQ's QSSN work, both reflect the Company's broader strategy of helping build interoperable, quantum-resilient infrastructure for digital payments and institutional systems.Management CommentaryOlivier Roussy Newton, CEO of BTQ Technologies, commented:"Quantum security is no longer a theoretical issue reserved for the lab. It is becoming an operational requirement for real financial infrastructure, especially in environments where encrypted data and system integrity must be protected over long time horizons. Our collaboration with Daou Data reflects BTQ's strategy of bringing hardware-rooted post-quantum security into practical deployment environments, beginning with critical payment systems and extending toward broader enterprise and institutional use cases. With Daou Data's scale and strategic position in Korea's digital economy, we believe this collaboration has the potential to help define a stronger security foundation for next-generation payment infrastructure."Sangjun Kim, CEO of Daou Data, commented:"As the threat landscape evolves, we believe the next generation of payment security must be designed not only for current attacks, but also for future cryptographic disruption. By partnering with BTQ Technologies and Keypair, Daou Data is taking a forward-looking approach to payment security and helping shape the next standard for secure, quantum-resilient financial infrastructure."Looking Beyond PaymentsIn addition to payment applications, the parties expect the collaboration to inform future opportunities across broader enterprise security environments, including security operations infrastructure and Zero Trust architectures. These may include post-quantum protection for logs, monitoring systems, control commands, and hardware-backed device authentication, building on the same core principle that security should be anchored not only in software, but in physically rooted trust.This initiative supports BTQ's broader mission to help organizations transition from classical cybersecurity models to quantum-resilient infrastructure through a combination of post-quantum cryptography, hardware security, and advanced validation frameworks.About Daou Data Corp.
Daou Data is a leading Korean IT solutions and payment infrastructure company and a subsidiary of the broader Daou Kiwoom Group, which includes seven listed affiliates across KOSPI and KOSDAQ operating across finance, IT, security, HR, content, and commerce. Through its businesses in software solutions, IT services, and VAN/PG payment infrastructure, Daou Data serves a broad enterprise customer base across Korea.
https://www.daoudata.co.kr/enAbout BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Original: BTQ Technologies Partners with Daou Data to Advance Hardware-Rooted Post-Quantum Security for Korea's Payment Infrastructure
US Market News
3月前
BTQ Technologies Publishes "Kardashev Scale Quantum Computing for Bitcoin Mining"April 6, 2026 7:30 AM
PR Newswire (US)
New research shows the real near-term Bitcoin quantum risk lies in signatures, not mining, reinforcing BTQ's focus on Bitcoin Quantum, QCIM, and quantum-native consensusBTQ published "Kardashev Scale Quantum Computing for Bitcoin Mining", a new arXiv paper by Pierre-Luc Dallaire-Demers, showing that while Grover's algorithm offers a theoretical shortcut, quantum Bitcoin mining is physically and economically impractical once real-world hardware, error correction, and energy costs are included.
The paper finds that even in a highly favorable scenario, competitive quantum mining would require roughly 10^8 physical qubits and 10^4 MW of power, while at Bitcoin's January 2025 mainnet difficulty the requirements rise to about 10^23 qubits and 10^25 watts, approaching the energy output of a star.
The findings reinforce that the real near-term quantum threat to Bitcoin is not mining, but signature vulnerability, supporting BTQ's work on Bitcoin Quantum, its quantum-safe Bitcoin architecture designed around post-quantum cryptography and more resilient transaction design.
The research also strengthens BTQ's long-term case for Quantum Proof of Work ("QPoW"), its quantum-native, classically verifiable consensus model, by showing that trying to accelerate legacy Bitcoin mining with quantum hardware is a dead end, while consensus designed specifically for quantum systems may offer a more credible and energy-efficient path forward.VANCOUVER, BC, April 6, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced the publication of a landmark research paper establishing the first end-to-end physical cost estimate for using quantum computers to mine Bitcoin.
The paper, titled "Kardashev Scale Quantum Computing for Bitcoin Mining," by Pierre-Luc Dallaire-Demers, is now available on arXiv and represents one of the most rigorous analyses to date of the real-world economics of quantum Bitcoin mining.Public discussion around "quantum threats to Bitcoin" often conflates two very different issues: attacks on Bitcoin's elliptic-curve digital signatures, which are genuine and increasingly urgent, and quantum-accelerated mining using Grover's algorithm, whose practical severity has long been debated in theory but not rigorously costed in physical terms. This paper helps resolve that ambiguity with quantitative clarity."This paper does something the industry has needed for years — it prices the quantum mining question end to end and closes it," said Pierre-Luc Dallaire-Demers. "To push mining into non-trivial consensus effects, one must invoke astronomical quantum fleets operating at energy scales that lie far above present-day civilization. The real cryptographic crisis is the signature vulnerability, and that clock is already ticking."Rather than stopping at Grover's theoretical quadratic speedup, the paper introduces an open-source resource estimator that models the full quantum mining stack, including reversible double-SHA-256 oracles, surface-code magic-state distillation factories, fleet-scale qubit logistics, and the timing constraints imposed by Nakamoto consensus.Key FindingsQuantum Bitcoin mining remains impractical even in the best-case scenarioEven under the most favorable partial-preimage setting studied, a superconducting surface-code fleet would still require approximately 10^8 physical qubits and 10^4 megawatts of power — roughly comparable to the output of a large national electricity grid.At real Bitcoin difficulty, the requirements become astronomicalAt Bitcoin's January 2025 mainnet mining difficulty, estimated requirements rise to approximately 10^23 physical qubits and 10^25 watts of power — approaching the energy output of a star.Grover's theoretical advantage collapses in the real worldWhile Grover's algorithm offers a quadratic search advantage in theory, that benefit breaks down once oracle construction, error correction, and fleet overhead are included. In practical terms, quantum mining is not a credible near-term threat to Bitcoin's proof-of-work consensus.The more urgent threat is signature vulnerabilityBy contrast, quantum attacks on Bitcoin's elliptic-curve signatures using Shor's algorithm remain a genuine and much more immediate concern, reinforcing the need for post-quantum cryptographic infrastructure.Why This MattersBTQ believes the distinction clarified by this paper is critical. The more relevant quantum challenge for Bitcoin and digital asset infrastructure is not the mining layer, but the authentication layer.That view is consistent with BTQ's broader strategy.Through Bitcoin Quantum, BTQ has been developing and testing a quantum-safe Bitcoin architecture designed to address vulnerabilities at the signature and transaction level. The Company previously launched the Bitcoin Quantum testnet, a live environment for demonstrating how Bitcoin-like systems can migrate toward post-quantum cryptographic standards, including NIST-standardized ML-DSA signatures and more resilient transaction designs such as BIP 360 (Pay-to-Merkle-Root).BTQ believes the findings in this paper strengthen the rationale for that work. If Grover-based mining is not a practical quantum path, then the priority shifts more clearly toward securing wallets, signatures, and authentication systems before large-scale quantum capability arrives.At the same time, the paper supports a broader conclusion: if the quantum acceleration of classical mining collapses under real physical cost, the logical long-term alternative is not to force quantum hardware onto legacy proof-of-work systems, but to build consensus around computational tasks that quantum systems perform natively and efficiently.That is the rationale behind BTQ's Quantum Proof of Work (QPoW) initiative.Unlike Grover-based approaches that attempt to speed up classical SHA-256 mining, BTQ's QPoW is designed around quantum-native computational tasks that better match the strengths of quantum hardware from the outset. In BTQ's view, this is an important distinction. The paper shows that using quantum computers to mine classical Bitcoin more efficiently is not a practical path. QPoW, by contrast, is based on the idea that quantum systems may still play a meaningful role in consensus when the work itself is designed for quantum hardware rather than retrofitted to classical mining assumptions.BTQ's previously published materials indicate that, in modeled comparisons, QPoW can be materially more energy efficient than equivalent classical sampling-based methods while remaining classically verifiable. This supports BTQ's broader thesis that the future of digital money may require not only quantum-safe authentication, but also new consensus architectures designed specifically for the capabilities of quantum machines.Performance ComparisonGrover-based Bitcoin miningRequires approximately 10^8 qubits and 10^4 MW even in a highly favorable scenarioScales to approximately 10^23 qubits and 10^25 W at Bitcoin's January 2025 mainnet difficultyConclusion: theoretically interesting, physically and economically impracticalBTQ's Bitcoin QuantumFocused on the real near-term issue: post-quantum authentication and signature securityDemonstrates how Bitcoin-like systems can migrate to quantum-safe cryptographyProvides a live test environment for post-quantum Bitcoin infrastructureBTQ's Quantum Proof of Work (QPoW)Built as a quantum-native consensus model, not a retrofit of legacy miningDesigned around computational tasks better suited to quantum hardwareDesigned to be classically verifiableIn BTQ's published modeled comparison, a quantum sampler consumes approximately 0.25 kWh over a 10-minute block interval, versus approximately 390 kWh per block per miner for a classical equivalent sampling-based setup, implying an energy advantage of approximately 1,560xConclusion: a more credible long-term framework for quantum-era consensus than attempting to accelerate classical Bitcoin mining"Quantum computing may reshape digital money, but not by making legacy Bitcoin mining practical," said Christopher Tam, President and Head of Innovation at BTQ Technologies. "What matters now is securing authentication and preparing Bitcoin-like systems for the post-quantum era. Longer term, this research also strengthens the case for quantum-native consensus architectures such as QPoW, where the work is designed for quantum systems from the start rather than forced onto a classical framework."Key TakeawaysQuantum mining is not a near-term issue for BitcoinSignature vulnerability remains the more urgent cryptographic challengeBitcoin Quantum provides a practical framework for post-quantum Bitcoin migrationQPoW strengthens BTQ's long-term position around more energy-efficient, quantum-native consensus systemsThe paper, "Kardashev Scale Quantum Computing for Bitcoin Mining," is now available on arXiv.About BTQBTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Original: BTQ Technologies Publishes "Kardashev Scale Quantum Computing for Bitcoin Mining"
US Market News
3月前
BTQ Technologies Appoints Dr. Ro Cammarota to Accelerate QCIM Product Development, Commercialization, and Global PartnershipsMarch 31, 2026 7:30 AM
PR Newswire (US)
BTQ Technologies has appointed Dr. Ro Cammarota to its U.S. team to help accelerate the development, commercialization, and strategic partnerships for QCIM, the Company's post-quantum semiconductor platform.
Dr. Cammarota brings more than 20 years of experience in cryptography, privacy, and advanced chip design, including senior roles at Intel Labs, Qualcomm and the U.S. Department of Defense, where he led major research programs and hardware security initiatives.
His appointment will strengthen BTQ's QCIM roadmap across core IP, certification, industry partnerships, and go-to-market execution as the Company advances its post-quantum hardware platform toward broader commercial deployment.VANCOUVER, BC , March 31, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that Dr. Ro Cammarota is joining the Company's U.S. team to support the development, commercialization, and strategic partnership efforts for BTQ's post-quantum semiconductor product, QCIM.
Dr. Cammarota brings more than 20 years of experience spanning cryptography, privacy, semiconductor design, and advanced hardware architectures, including more than a decade in leadership roles at the forefront of cryptographic hardware innovation. With more than 4,000 academic citations, Dr. Cammarota will help strengthen BTQ's core intellectual property, advance QCIM's commercialization roadmap, support security and cryptographic certification efforts, and expand engagement with key industry stakeholders globally.Prior to joining BTQ, Dr. Cammarota served as Senior Principal Engineer at Intel Labs, where he was Principal Investigator for the DARPA DPRIVE program focused on acceleration architectures for fully homomorphic encryption, Co-Principal Investigator for the Intel Private AI Collaborative Research Institute, and Co-Principal Investigator for the Intel Crypto Frontiers Research Institute. In these roles, he contributed to numerous patented inventions, fostered public-private collaboration, and helped identify commercial opportunities for emerging cryptographic technologies.Prior to Intel, Dr. Cammarota was a Senior Staff R&D Hardware Engineer at Qualcomm, where he led the development of hardware acceleration architectures for AI processing and hardware security architectures for both commercial and government applications. He also worked closely with government, academic, and industry organizations, including the RISC-V Security Standing Committee, the Wi-Fi Alliance, and the Semiconductor Research Corporation. With extensive experience designing high-performance, high-security cryptographic cores, Dr. Cammarota also served on the steering committee for the U.S. Department of Defense's Trusted and Assured Microelectronics program."Ro is one of the leading minds in cryptographic hardware and advanced semiconductor security," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "His technical depth, industry relationships, and experience advancing complex hardware programs from research to commercialization will be highly valuable as we continue to scale QCIM and strengthen BTQ's position across the post-quantum security landscape. We are excited to welcome him to the team as we advance the performance, security, and global reach of our hardware platform.""BTQ is uniquely positioned at the intersection of post-quantum security and advanced semiconductor design, addressing what we believe will become a foundational requirement for next-generation systems and defining the future of secure computing. QCIM represents a differentiated, high-performance approach to accelerating cryptographic workloads, and I look forward to helping advance its development and drive broad commercial adoption. Drawing on my experience leading large-scale cryptographic hardware programs and global standardization efforts, I'm excited to help accelerate QCIM from innovation to real-world deployment."Dr. Cammarota is also an Associate Researcher at the Donald Bren School of Information and Computer Sciences at the University of California, Irvine. He received his M.S. and Ph.D. in Computer Science from UC Irvine in 2013, where his research focused on performance optimization in integrated circuits using feature characterization techniques. He also holds an M.S. in Telecommunications Engineering from the University of Naples Federico II.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Original: BTQ Technologies Appoints Dr. Ro Cammarota to Accelerate QCIM Product Development, Commercialization, and Global Partnerships
US Market News
3月前
BTQ Technologies Provides Full-Year 2025 Corporate Update Highlighting Commercial Progress Across QCIM, QPerfect, QSSN and Bitcoin QuantumMarch 30, 2026 5:40 PM
PR Newswire (US)
VANCOUVER, BC, March 30, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today provided its full-year 2025 corporate update, highlighting progress across its four core business lines: QCIM, QPerfect, Quantum Secure Systems & Networks ("QSSN"), and Bitcoin Quantum, alongside capital markets milestones that expanded BTQ's visibility with institutional and thematic investors.Where BTQ FitsBTQ's mandate is to deploy quantum today, not tomorrow. Quantum computers will sit alongside traditional high-performance computing on the same internet that already moves money, identity, and access for critical systems. That trust exists because encryption and authentication are embedded in nearly every connected device. As quantum capability rises, the same cryptography that protects tens of trillions of dollars in digital value must be upgraded without breaking the infrastructure that depends on it.The post-quantum migration will be the most complex cryptographic transition to date. Cloud servers and browsers can adopt new algorithms through software updates, but the world now runs on mobile devices, IoT endpoints, 5G and 6G networks, data centers, and physically secure equipment in power grids and defense systems. These environments need high performance and tamper resistant hardware, firmware, and software that is flexible to evolving standards across regions. Without that foundation, new quantum computing benefits will collide with legacy security, and trust on the internet will suffer.BTQ addresses this challenge with a full stack platform across three pillars: Quantum Secure Systems & Networks (QSSN / Digital Assets): Securing the digitization of the world's fiat money supply by providing a post-quantum settlement layer mandated by regulators for the transfer and issuer controls for digital assets and stablecoins, a segment with high exposure to quantum risk.QCIM hardware acceleration and secure elements: Delivering crypto-agile quantum security to billions of interconnected devices with the most performant form factor so governments and companies can remain secure and adaptive to developments in cryptographic standards.QPerfect / neutral atom platforms: Pending the proposed acquisition of QPerfect, this business will add critical building blocks and core technologies for advanced neutral atom emulation and control for a leading qubit modality, enabling customers to deploy fault tolerant quantum algorithms on highly scalable quantum hardware.Bitcoin Quantum: The first quantum-safe fork of Bitcoin, proving that the world's largest cryptocurrency network can be migrated to post-quantum cryptography and serving as a live environment and liquidity bridge for quantum-threatened digital assets across the broader blockchain ecosystem.The entire platform is aligned with cryptographic standards today and tomorrow and is regulator ready. QSSN has been referenced in the Post Quantum Financial Infrastructure Framework submitted to the SEC. BTQ also holds leadership roles within QuINSA, chairs the Quantum Communications Working Group, and has QPoW recognized as the alliance's first consensus work item. This positioning allows BTQ to protect the internet value that exists today while preparing customers to adopt quantum advantage as it becomes commercially relevant.During 2025, BTQ continued to execute on a full-stack strategy designed to secure critical infrastructure for the post-quantum era while building enabling software, hardware, and network infrastructure for the next generation of quantum-secure systems. Across the year, the Company advanced commercialization pathways in secure silicon, deepened its role in post-quantum financial infrastructure, expanded its neutral-atom software and middleware capabilities, and brought Bitcoin Quantum from concept to live testnet in just five months."2025 was a year of execution across every major area of our business," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "We made meaningful progress in translating core research and architecture into commercial pathways across silicon, digital asset infrastructure, and quantum software. From advancing QCIM toward productization, to supporting the continued expansion of QPerfect's emulation and control platform, to moving QSSN into live pilot environments and launching the first quantum-safe Bitcoin testnet, BTQ enters 2026 with stronger technical depth, clearer commercialization milestones, and growing alignment with the regulatory and standards frameworks shaping the global transition to quantum-secure infrastructure."State of the MarketGlobal urgency around post-quantum migration accelerated throughout 2025. Governments, standards bodies, and regulated industries increasingly moved from awareness to implementation planning, particularly around cryptographic modernization, digital money infrastructure, and secure hardware. In financial services, tokenized assets, stablecoins, banking infrastructure, and long-life secure systems are emerging as among the most immediate areas of quantum exposure. BTQ's strategy is built around this transition, with a product portfolio designed to help institutions upgrade critical systems without sacrificing operational continuity.At the same time, momentum across the broader quantum ecosystem continued to build. Neutral-atom platforms, quantum software tooling, photonic systems, and hybrid quantum-classical workflows all advanced materially during the year, while public market visibility for the sector expanded through new ETF inclusion and thematic institutional coverage.Where BTQ FitsBTQ is building quantum-secure infrastructure for the real world. The Company's platform spans secure digital money infrastructure, post-quantum silicon and hardware acceleration, fault-tolerant quantum software and control systems, and quantum-safe blockchain infrastructure. Together, these pillars are designed to support the transition from classical cryptographic systems to quantum-resilient networks across finance, defense, telecommunications, AI, IoT, and critical infrastructure.QCIM / Hardware Acceleration and Secure ElementsBTQ's QCIM division made substantial progress in 2025 as the Company moved from architecture and IP development toward silicon validation, engineering buildout, and commercialization planning.BTQ strengthened QCIM through the integration of Radical Semiconductor's CASH architecture, a memory-centric acceleration architecture designed for post-quantum cryptography. Following BTQ's acquisition of Radical's assets, Radical co-founders Sean Hackett and Zach Belateche elected to join BTQ full time, bringing the CASH architecture and its commercialization pathway directly into the Company. Sean now serves as Head of Silicon Product and Zach as Head of Hardware Security, adding deep technical and product leadership to QCIM as BTQ advances toward productization and customer deployment.A key milestone during the year was BTQ's USD $15 million development and joint investment agreement with ICTK, South Korea's leading secure-element manufacturer, to co-develop the QCIM secure element platform. The partnership is intended to accelerate the development, validation, tape-out, certification, and commercialization of QCIM as a production-grade post-quantum hardware platform for use across defense, critical infrastructure, IoT, payments, mobile authentication, AI, and digital assets.In early 2026, BTQ also announced a strategic collaboration with the Industrial Technology Research Institute ("ITRI") to validate QCIM in silicon. That initiative is focused on generating first silicon performance estimates, reducing development risk, and establishing benchmark data that can support integration planning and commercial discussions with future customers.BTQ further strengthened its commercialization capabilities with the opening of a dedicated quantum hardware commercialization hub in New York City and the expansion of its QCIM engineering team. The Company added senior talent across embedded systems, digital design, cryptography, and semiconductor execution, including hires from Apple's Special Projects Group, PsiQuantum, Samsung, SandboxAQ, Meta, Texas Instruments, and Tokyo Electron. As of May 2026, BTQ expects to have completed 12 of its 13 targeted key engineering hires for the QCIM program.Notable QCIM team additions include:Fabien Goncalves, Embedded Software Lead, formerly of Apple's Special Projects GroupMichael Anfang, Senior Digital Design Engineer, with over 20 years of experience including PsiQuantumDr. Hunter Kippen, Applied Cryptographer, formerly with Samsung and SandboxAQDr. Ro Cammarota, Advisor, former lead for the Intel Heracles fully homomorphic encryption projectFrom a product and commercialization standpoint, QCIM is nearing productization. BTQ expects validated FPGA IP to be available to early partners in Q2 2026, enabling potential initial design wins, with development boards expected to debut in Q3 2026. ASIC IP performance estimates are expected in Q2 2026 for ML-KEM, ML-DSA, SHA-3, and AES workloads. The Company's current roadmap contemplates silicon-proven ASIC IP availability in the first half of 2027 and secure element silicon samples in the second half of 2027.The Company's collaborations with ICTK and ITRI remain on track, with first silicon performance estimates from ITRI expected in April 2026, an ICTK test tape-out anticipated in August 2026, ITRI IP validation tape-out targeted for February 2027, and ICTK secure-element tape-out expected in June 2027.BTQ also continued to broaden QCIM's international footprint through market development efforts in the United States, Taiwan, Europe, the Middle East, South Korea, Canada, and Australia, supported by a combination of new hires, partner development, government grant activity, and increasing market visibility.QPerfect / Neutral-Atom PlatformsQPerfect made major strides in 2025 and early 2026 as the Company expanded its neutral-atom software, emulation, and control stack.In Q4 2025, QPerfect closed a €2 million financing round, with BTQ securing its call option as part of the pathway toward full integration. During the quarter, QPerfect brought its team to full strength with eight new PhD-level hires across research, development, hardware, DevOps, and applications, while also publishing three research papers focused on benchmarking quantum emulators and chemistry-related use cases.QPerfect's flagship MIMIQ™ platform continued to advance as a foundational layer of the Company's Quantum Logic Unit ("QLU") stack. In November 2025, the Company announced the launch of GPU-accelerated QLEO, powered by QPerfect's MIMIQ engine and compatible with NVIDIA CUDA-Q through a partnership with Quobly. That release significantly expanded hybrid quantum-classical development workflows and improved simulation speed and accessibility for users operating across GPU and CPU environments.In February 2026, QPerfect and SDT launched a MIMIQ-powered quantum emulation service on SDT's QUREKA platform, expanding QPerfect's commercial reach into South Korea and providing research institutions and enterprise users with access to cloud-based, large-scale quantum emulation workflows.QPerfect also released a major new version of MIMIQ in February 2026 featuring:a new noise modeling system and tools to better map quantum circuits to specific hardware platformsremote workflow execution for variational quantum algorithmsimproved interoperability with the broader quantum software ecosystem, including OpenQASMupgraded user-interface and workflow management tools for remote simulation servicesFor 2026, QPerfect's priorities include accelerating Quantum Logic Unit development, continuing work on the One-Shot Signatures algorithm for neutral-atom platforms, launching a public-private partnership with the University of Strasbourg and CESQ, collaborating with the aQCess quantum computer in Strasbourg on noise-model validation and the hardware–QLU interface, and expanding MIMIQ's market reach across research and enterprise environments.Quantum Secure Systems & Networks (QSSN)BTQ's QSSN business made significant progress in 2025 as the Company moved from unveiling the platform to securing regulatory recognition and entering live pilot environments.In June 2025, BTQ unveiled QSSN as a quantum-secure network infrastructure platform designed for banks, payment providers, and digital asset platforms. In September 2025, QSSN received notable external validation when the U.S. Post-Quantum Financial Infrastructure Framework ("PQFIF") cited it as a model architecture for quantum-secure tokenized deposits, while QuINSA advanced QSSN as a global standards initiative.During Q3 and Q4 2025, BTQ entered the live pilot phase with two South Korean partners spanning both the commercial and banking channels. The Company's work with Danal focused on quantum-secure settlement and issuer controls within commercial payments, while its collaboration with Finger Inc. Group extended QSSN into banking environments and partial banking networks. Together, these pilots established a dual-channel validation framework for future institutional deployment.In December 2025, BTQ also announced a strategic investment in Keypair, a Korean full-stack security company with long-term deployments across defense, energy, and financial services. Through that investment and related collaboration, BTQ secured co-ownership in Keypair's existing and future PQC-related intellectual property and expanded its commercial integration pathway into infrastructure-grade, hardware-rooted security deployments across national-scale systems. This investment also strengthened BTQ's broader ecosystem across South Korea and supports integration opportunities across QSSN, QCIM, Finger, Danal, and QuINSA-aligned initiatives.Looking ahead, BTQ's 2026 roadmap for QSSN includes expanding its proof-of-concept pipeline across South Korean banking and fintech institutions, advancing controlled production deployments through channel partners, and pursuing monetization through validator node licensing, transaction-based validation fees, and staking mechanisms. BTQ believes ongoing regulatory tailwinds, including emerging procurement and migration timelines across the U.S., Canada, and Europe, continue to support demand for quantum-secure financial infrastructure.Bitcoin QuantumBitcoin Quantum emerged as one of BTQ's most visible and differentiated initiatives during the year, moving from concept to live network in just five months.In October 2025, BTQ demonstrated a quantum-resistant version of Bitcoin Core, replacing ECDSA with NIST-standardized ML-DSA post-quantum signatures and showing end-to-end feasibility for quantum-safe wallets, transactions, verification, and mining. In January 2026, the Company launched the Bitcoin Quantum testnet, timed to the 17th anniversary of Bitcoin's genesis block, marking what BTQ believes to be the first quantum-safe Bitcoin fork.In March 2026, BTQ deployed BIP 360, or Pay-to-Merkle-Root, on Bitcoin Quantum testnet V3. The Company believes this represents a major technical milestone in supporting a more complete quantum-safe path for Bitcoin-like architectures.As of March 2026, Bitcoin Quantum testnet V3 has surpassed 50 miners, more than 200,000 blocks, and over 100 open-source contributors. The initiative has also attracted growing third-party visibility and commentary from industry publications and research groups, reflecting expanding institutional awareness of quantum risk in digital assets.BTQ's current Bitcoin Quantum roadmap includes a mainnet launch with migration tools targeted for Q2 2026, followed by exchange and custody integrations over 2026 and 2027. Over time, the Company expects Bitcoin Quantum to support multiple opportunities, including mining infrastructure, market making, and custody services and treasury management services.Capital Markets and Institutional VisibilityDuring 2025, BTQ also expanded its presence in public and thematic capital markets through multiple ETF and index inclusions.In October 2025, BTQ was added to the SamsungActive KoAct Global Quantum Computing Active ETF, Korea's first actively managed quantum-computing ETF. In November 2025, the Company was added to the MSCI Canada Small Cap Index. In December 2025, BTQ was also added to the Defiance Quantum ETF (NASDAQ: QTUM). Together, these inclusions broadened BTQ's visibility with retail, thematic, and institutional investors seeking exposure to the quantum computing and post-quantum security sectors.These milestones are particularly relevant as BTQ continues to build across software, silicon, digital money infrastructure, and quantum-safe blockchain systems, offering investors exposure to multiple parts of the emerging quantum value chain.Financial Overview and Shelf RegistrationThe Company ended the year with a cash balance of C$20,939,224 providing the company with flexibility to fund its operations and execute across verticals. A universal shelf registration remains in place to preserve strategic flexibility. The shelf is intended to support potential strategic investments, co-development arrangements, or opportunistic M&A that accelerate commercialization, and does not indicate an immediate financing. Any use would be evaluated with discipline on structure, pricing, and dilution, with emphasis on accretive growth.OutlookBTQ enters 2026 with momentum across all major verticals of the business. The Company's priorities for the year include advancing QCIM toward early partner engagement and silicon validation, expanding MIMIQ and QLU commercialization through QPerfect pending acquisition, converting QSSN pilots into broader institutional deployments, and moving Bitcoin Quantum from testnet to mainnet.More broadly, BTQ believes its strategy remains aligned with one of the most important infrastructure transitions underway: the migration of the world's financial, communications, and digital security systems toward post-quantum resilience. By operating across hardware, software, standards, and secure network architecture, BTQ is positioning itself to help institutions navigate that transition while building long-term commercial value across multiple revenue pathways.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterAbout Qperfect
QPerfect is a French quantum computing company based in Strasbourg, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics, and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deeptech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers.At the core of QPerfect's innovation is the Quantum Logical Unit (QLU), a multi-layered framework designed to accelerate quantum development. Its flagship product, MIMIQ, forms the first layer of the QLU and offers a cutting-edge platform that executes quantum algorithms with unmatched speed, accuracy, and flexibility — surpassing existing simulators and current quantum computers. For more information, please visit https://qperfect.ioON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
View original content:https://www.prnewswire.com/news-releases/btq-technologies-provides-full-year-2025-corporate-update-highlighting-commercial-progress-across-qcim-qperfect-qssn-and-bitcoin-quantum-302729166.htmlSOURCE BTQ Technologies Corp.
Original: BTQ Technologies Provides Full-Year 2025 Corporate Update Highlighting Commercial Progress Across QCIM, QPerfect, QSSN and Bitcoin Quantum
US Market News
4月前
BTQ Technologies Announces First Deployment of BIP 360 on Bitcoin Quantum Testnet v0.3.0March 19, 2026 7:30 AM
PR Newswire (US)
The Bitcoin Quantum testnet provides developers, miners, and researchers with a live environment to evaluate how quantum-resistant Bitcoin transactions functionFirst working implementation of BIP 360: Bitcoin Quantum testnet v0.3.0 delivers the first functional implementation of Bitcoin Improvement Proposal ("BIP") 360 (Pay-to-Merkle-Root), the quantum-resistant output type merged into Bitcoin's official BIP repository earlier this year, while Bitcoin Core has made no progress toward implementation.
Taproot's quantum vulnerability addressed: BIP 360's P2MR output type preserves the scripting capabilities that power Lightning, BitVM, and Ark while eliminating the key-path spend that exposes public keys to quantum attack via Shor's algorithm.
End-to-end CLI wallet tooling now live: Complete wallet RPC support enables users to create, fund, sign, and spend P2MR transactions on testnet today, moving BIP 360 from proposal to usable, testable infrastructure.
Growing urgency and real-world validation: Bitcoin Quantum now serves as a live environment for testing post-quantum Bitcoin infrastructure, with 50+ miners, more than 100,000 blocks mined, and an active open-source contributor community, as regulatory and security urgency around post-quantum readiness continues to accelerate.
Capturing value across the quantum transition: BTQ expects to operate a Bitcoin Quantum mining pool with a 3% fee on all block rewards and projects accumulation of approximately 100,000 BTQ tokens in the first 12 months of network operation, while building future monetization pathways across security-as-a-service, premium settlement infrastructure, and quantum certification as tokenized assets are projected to exceed $16 trillion by 2030.VANCOUVER, BC, March 19, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ) (FSE: NG3), a global quantum technology company focused on securing mission-critical networks, today announced that Bitcoin Quantum testnet v0.3.0 includes the first working implementation of Bitcoin Improvement Proposal ("BIP") 360, the quantum-resistant Pay-to-Merkle-Root ("P2MR") output type that was merged into Bitcoin's official Bitcoin Improvement Proposal repository earlier this year.
While BIP 360 remains a draft proposal within the broader Bitcoin ecosystem, BTQ has already built, tested, and activated the upgrade on the Bitcoin Quantum testnet, providing developers, miners, and researchers with a live environment to evaluate how quantum-resistant Bitcoin transactions function in practice. With this release, BTQ has moved BIP 360 from concept into usable, testable infrastructure."BIP 360 represents the Bitcoin community's most significant step toward quantum resistance and we've turned it from a proposal into running code," said Olivier Roussy Newton, CEO and Chairman of BTQ Technologies. "Bitcoin Quantum exists to prove that quantum-safe solutions work in practice, not just on paper. By shipping a full BIP 360 implementation on testnet, we're giving the entire industry a live environment to validate these critical protections before the quantum threat arrives."Why BIP 360 MattersBIP 360 addresses one of the most important long-term security questions facing Bitcoin.Taproot, activated on Bitcoin in 2021, is foundational to Bitcoin's scaling and programmability roadmap. It underpins advanced functionality used by innovations such as Lightning, BitVM, and Ark, and is widely regarded as critical infrastructure for Bitcoin's future evolution. However, Taproot's design includes a key-path spend mechanism that can expose public keys on-chain. In a future with sufficiently powerful quantum computers, exposed public keys could become vulnerable to attack via Shor's algorithm.BIP 360 addresses that risk by introducing Pay-to-Merkle-Root, a new output type that commits directly to the script tree's Merkle root without relying on an internal key or tweak. This preserves Taproot's scripting capabilities while eliminating the key-path spend that creates quantum vulnerability.In practical terms, BIP 360 offers a path to preserving the functionality that powers Bitcoin's next generation of applications while reducing one of its most important long-term cryptographic risks.From Proposal to Working InfrastructureAlthough BIP 360 has now entered Bitcoin's formal proposal process, implementation across the broader ecosystem has not yet advanced. BTQ has gone ahead and implemented the upgrade in Bitcoin Quantum testnet v0.3.0, making it available today as a functioning environment for real-world experimentation and validation.Bitcoin Quantum's BIP 360 implementation includes:Full P2MR consensus: SegWit version 2 outputs with bc1z address encoding (bech32m), Merkle root commitment verification, and control block validation
All five Dilithium post-quantum signature opcodes enabled in P2MR tapscript context, providing real quantum-resistant signature verification inside the script tree
End-to-end CLI wallet tooling: Complete wallet RPC support enables users to create, fund, sign, and spend P2MR transactions on testnet today.
Live, testable infrastructure: The release includes functional validation across address creation, funding, transaction construction, signing, mempool acceptance, broadcast, and confirmation.
Network activation: BIP 360 functionality has been activated across Bitcoin Quantum's testing environments.This release moves BIP 360 beyond a technical proposal and into a practical environment where the broader ecosystem can observe how a quantum-resistant Bitcoin transaction model operates.Additional Testnet v0.3.0 EnhancementsBeyond BIP 360, Bitcoin Quantum testnet v0.3.0 includes several improvements designed to support continued testing and development of post-quantum Bitcoin infrastructure.These include:Optimized block cadence with one-minute target block spacing to support faster iteration and testing,
Refined emission schedule with a 5 BTQ block subsidy and 2,100,000-block halving interval to maintain Bitcoin-like monetary behavior,
Dilithium signature hardening through improved sigop counting and tapscript security fixes, and
SegWit discount restored, which is especially important for post-quantum signature schemes, because these signatures are substantially larger than traditional Bitcoin signatures.Together, these enhancements are intended to make Bitcoin Quantum a more practical and scalable environment for testing quantum-resistant blockchain infrastructure.Full release notes: https://github.com/btq-ag/btq-core/releases/tag/v0.3.0-testnetDemonstrating Real Progress on TestnetBitcoin Quantum continues to show measurable progress as a live testing ground for quantum-safe Bitcoin infrastructure. To date:More than 50 miners have joined the network, demonstrating operators' willingness to run post-quantum Bitcoin infrastructure today.
More than 100,000 blocks have been mined, and
The project has now advanced into its fourth testnet iteration, with each release incorporating lessons learned from prior versions.The network has also attracted an active open-source contributor community of more than 100 cryptographers, developers, and miners working to validate and improve the protocol.This traction reinforces BTQ's broader strategy of building practical infrastructure that allows quantum-safe blockchain systems to be tested before migration becomes mandatory.Regulatory Urgency Is IncreasingThe release of testnet v0.3.0 comes as governments and critical infrastructure stakeholders accelerate planning around post-quantum migration.U.S. federal agencies face an April 2026 deadline to submit post-quantum cryptography transition plans under NSM-10. In Europe, the European Union has set a target for critical infrastructure quantum-resistance by 2030. In Canada, new federal procurement requirements aligned with post-quantum cryptography take effect in April 2026.These developments reflect a broader shift: post-quantum cryptography is no longer a distant research topic. It is increasingly becoming an operational and policy priority across public-sector and mission-critical systems.Bitcoin Core Progress Remains LimitedDespite BIP 360's inclusion in Bitcoin's official proposal repository, broader implementation across the Bitcoin ecosystem remains limited. A May 2025 analysis from Chaincode Labs noted that Bitcoin post-quantum initiatives remained at an early and exploratory stage. More broadly, Bitcoin's conservative governance culture has historically made major protocol upgrades slow to move from concept to adoption. SegWit took approximately 8.5 years from conception to adoption, while Taproot took approximately 7.5 years.Against that backdrop, Bitcoin Quantum is intended to help close the gap between proposal and practice by providing a fully functional implementation that developers, researchers, and operators can evaluate, test, and iterate on today, without waiting for broader ecosystem consensus.A Live Environment for the IndustryBitcoin's governance and development model is intentionally conservative, which can make security upgrades slow to move from proposal to adoption. BTQ's view is that the industry cannot afford to wait until a crisis point to begin understanding how quantum-safe Bitcoin infrastructure might work in practice.Bitcoin Quantum helps address that gap by providing a fully functioning environment where developers, researchers, and infrastructure operators can test and evaluate quantum-resistant transaction models now.Looking Ahead"The industry can't afford to treat quantum resistance as a theoretical exercise," concluded Roussy Newton. "BIP 360 was a landmark proposal and we've turned it into a landmark implementation. Every developer, researcher, and institution that wants to understand how quantum-safe Bitcoin actually works now has a live network to test against."Capturing Value Across the Quantum TransitionBTQ believes the transition to quantum-safe infrastructure will create opportunities across both blockchain networks and enterprise security environments. In addition to advancing the technical development of Bitcoin Quantum, the Company is building infrastructure intended to support multiple potential commercialization pathways as post-quantum adoption accelerates.BTQ expects to operate a Bitcoin Quantum mining pool, which is designed to generate mining-related revenues while enabling the Company to accumulate and hold Bitcoin Quantum tokens as a strategic treasury asset. BTQ believes this early positioning may allow it to participate directly in the growth of a quantum-safe proof-of-work network as adoption develops.Through its mining pool model, which is expected to apply a 3% fee on block rewards, the Company projects accumulation of approximately 100,000 BTQ tokens during the first twelve months of network operation, excluding any tokens mined directly by the Company. These holdings are expected to be retained on the Company's balance sheet, with potential uses to be evaluated as the network matures.Beyond network participation, BTQ sees longer-term opportunities to monetize the infrastructure required for post-quantum migration. As quantum-resistant transactions and cryptographic standards become increasingly important for high-value digital assets and mission-critical systems, BTQ believes its platform could support future offerings spanning security-as-a-service models, premium settlement infrastructure, and quantum certification services.BTQ's strategy is designed to capture value across both enterprise and permissionless markets. On the enterprise side, the Company's broader Quantum Secure Systems and Networks (QSSN) platform is intended to support managed offerings with the compliance, integration, and service requirements expected by regulated institutions. In parallel, decentralized products such as Bitcoin Quantum provide open infrastructure for developers, miners, and network participants building in public blockchain environments.This dual approach positions BTQ to pursue commercialization opportunities tied both to institutional adoption of quantum-safe systems and to the organic growth of open blockchain networks.About Bitcoin Quantum
Bitcoin Quantum is a post-quantum Bitcoin fork designed for the quantum era. It maintains Bitcoin's economic model and network architecture while implementing quantum-resistant cryptographic primitives, including NIST-standardized ML-DSA (Dilithium) signatures and BIP 360 P2MR outputs. Built on Bitcoin Core's proven codebase, Bitcoin Quantum features enhanced transaction capacity for post-quantum signatures and provides a production-grade environment for testing quantum-resistant Bitcoin improvements. For more information, visit https://www.bitcoinquantum.com/.About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ | FSE: NG3 ) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-announces-first-deployment-of-bip-360-on-bitcoin-quantum-testnet-v0-3-0--302718592.htmlSOURCE BTQ Technologies Corp.
Original: BTQ Technologies Announces First Deployment of BIP 360 on Bitcoin Quantum Testnet v0.3.0
US Market News
4月前
BTQ Technologies Awarded Australian Government Industry Growth Program Support to Accelerate QCIM CommercializationMarch 9, 2026 7:30 AM
PR Newswire (US)
Australian Government support: BTQ has been selected for the Australian Government's Industry Growth Program Advisory Service to accelerate the commercialization of its Quantum Compute-in-Memory (QCIM) chip, a next-generation silicon platform for post-quantum security.What QCIM enables: QCIM is a crypto-agile secure element that delivers classical and post-quantum cryptography directly in silicon, targeting high-throughput, low-power encryption and signatures for mission-critical sectors including defense, financial services, telecom, and critical infrastructure.Commercialization pathway: The program provides strategic guidance to move QCIM from a validated test chip to a production-ready platform, complementing BTQ's silicon validation collaboration with ITRI and its previously announced work with ICTK to progress toward integrated deployment and real-world validation.VANCOUVER, BC, March 9, 2026 /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ) (FSE: NG3), a global quantum technology company focused on securing mission-critical networks, is pleased to announce it has been awarded support through the Australian Government's Industry Growth Program Advisory Service to accelerate the commercialization of its Quantum Compute-in-Memory ("QCIM") chip, a next-generation silicon platform designed to enable secure, scalable cryptographic computation for the post-quantum era.
The Industry Growth Program Advisory Service supports high-potential companies developing innovative technologies aligned with national capability priorities. BTQ's selection recognizes QCIM as a critical hardware platform for enabling post-quantum security across defense, financial services, telecommunications, and critical infrastructure.QCIM is a crypto-agile secure element designed to deliver classical and post-quantum cryptography directly in silicon. The platform enables high-throughput, low-power encryption and digital signatures while remaining adaptable to evolving global post-quantum cryptography standards. By embedding quantum-resilient security at the hardware layer, QCIM reduces long-term migration risk for organizations preparing for the transition to a post-quantum world.Through the Industry Growth Program Advisory Service, BTQ will receive strategic commercialization guidance to advance QCIM from a validated test chip to a production-ready platform. This includes refining go-to-market pathways, identifying priority defense and mission-critical sectors, supporting pilot deployments, and aligning QCIM with Australian national security and sovereign capability objectives.BTQ's participation in the Industry Growth Program Advisory Service complements other QCIM commercialization pathways already underway. BTQ is collaborating with the Industrial Technology Research Institute ("ITRI"), a world-leading applied R&D organization founded in 1973 that has helped transform Taiwan's industries into innovation-driven sectors and has incubated hundreds of startups and spinoffs, including UMC and TSMC. Through this collaboration, BTQ and ITRI will build and test QCIM in silicon, advancing the program into a key validation stage by measuring performance characteristics such as speed and power consumption and producing benchmark results to guide product development, integration, and deployment planning. This validation work complements BTQ's previously announced work with ICTK, which is focused on developing a fully integrated, commercially deployable post-quantum chipset and progressing it toward real-world validation and deployment.BTQ is advancing QCIM as a 28-nanometer secure element implementation. The platform is designed to support NIST-standard post-quantum algorithms alongside classical cryptography within a single hardened architecture, enabling performance improvements, reduced power consumption, and simplified system integration compared to traditional multi-component security chips.The commercialization of QCIM will provide a foundational hardware layer for post-quantum-ready systems, including secure communications, authentication, and data protection in environments where long-term security assurance is critical. Initial deployment targets include defense systems, payment and financial infrastructure, telecom networks, industrial IoT, and secure computing platforms."Being selected for the Australian Government's Industry Growth Program Advisory Service is an important step in scaling QCIM from a validated test chip into a production-ready secure element," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "Working directly with government partners helps ensure our commercialization roadmap is aligned with Australia's national defense and security priorities, and allows us to focus QCIM development on the mission-critical requirements where quantum-resilient security is most urgent. Combined with our silicon validation work with ITRI and our integration pathway with ICTK, we are advancing QCIM toward real-world deployment and large-scale procurement."Participation in the Industry Growth Program Advisory Service strengthens BTQ's ability to deliver QCIM as a deployable and certifiable secure element for large-scale procurement, while supporting Australia's objectives to build sovereign capability in advanced semiconductors, cryptography, and quantum-ready technologies.About BTQBTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ | FSE: NG3 ) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, ChairmanNeither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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Original: BTQ Technologies Awarded Australian Government Industry Growth Program Support to Accelerate QCIM Commercialization
US Market News
4月前
BTQ Technologies Added to WisdomTree Quantum Computing Fund (WQTM), Expanding U.S. Thematic ETF ExposureMarch 2, 2026 7:30 AM
PR Newswire (Canada)
VANCOUVER, BC, March 2, 2026 /CNW/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ) (FSE: NG3), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that BTQ has been included in the WisdomTree Quantum Computing Fund (WQTM) (the "ETF"), a U.S.-listed thematic exchange traded fund designed to provide targeted exposure to companies driving innovation across the emerging quantum computing ecosystem.
WQTM seeks to track the performance, before fees and expenses, of the WisdomTree Classiq Quantum Computing Index, a proprietary index co-developed with Classiq, a leader in quantum software. The fund is designed to provide investors with exposure to companies spanning quantum hardware, software, infrastructure, and enabling technologies, combining pure-play innovators with diversified global technology leaders.BTQ's inclusion in WQTM reflects the Company's expanding relevance within the global quantum ecosystem, as a vertically integrated quantum technology company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and recognized for pioneering commercially significant quantum advantage, BTQ delivers a full-stack neutral-atom quantum computing platform spanning end-to-end hardware, middleware, and post-quantum security solutions designed to support mission-critical applications across finance, telecommunications, logistics, life sciences, and defense."As quantum computing moves closer to commercial inflection, investors are increasingly looking for targeted ways to gain exposure to the companies helping define this next era of computing," said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. "Our inclusion in the WisdomTree Quantum Computing Fund further expands BTQ's visibility with U.S. thematic investors and reinforces the importance of security, infrastructure, and cryptographic resilience as foundational layers of the quantum stack."ETF and index contextWisdomTree describes WQTM as a fund offering targeted exposure to companies at the forefront of quantum innovation across hardware, software, and infrastructure. The fund launched in October 2025 and is built to capture the long-term growth potential of quantum computing as the industry transitions from research toward commercialization.The underlying WisdomTree Classiq Quantum Computing Index uses a proprietary framework that evaluates both the relevance and purity of each constituent's exposure to quantum computing. The strategy is intended to balance pure-play quantum companies with larger global leaders that are materially contributing to the development and adoption of quantum technologies.About the WisdomTree Quantum Computing Fund (W QTM)
The WisdomTree Quantum Computing Fund (WQTM) is a U.S.-listed thematic ETF traded on the Cboe BZX Exchange. The fund seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Classiq Quantum Computing Index. According to WisdomTree, WQTM had an expense ratio of 0.45% and total assets of approximately $26.4 million as of February 27, 2026.For more information, please visit https://www.wisdomtree.com/investments/etfs/megatrends/wqtmAbout BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ | FSE: NG3 ) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.Connect with BTQ: Website | LinkedIn | X/TwitterON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Forward Looking Information Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-added-to-wisdomtree-quantum-computing-fund-wqtm-expanding-us-thematic-etf-exposure-302700816.htmlSOURCE BTQ Technologies Corp.
Original: BTQ Technologies Added to WisdomTree Quantum Computing Fund (WQTM), Expanding U.S. Thematic ETF Exposure