BTQ Technologies Announces Strategic Partnership with QPerfect, Accelerating Neutral Atom Quantum Computing Applications
BTQ Technologies Corp. (OTCQX: BTQQF) has signed a non-binding term sheet to invest €2 million in QPerfect, a French neutral atom quantum computing company. The investment, based on a €10 million pre-money valuation, would give BTQ a 16.67% equity stake with an option to acquire full ownership within 12 months.
QPerfect's flagship platform MIMIQ executes quantum algorithms with superior performance compared to existing simulators and quantum computers. The platform serves as the foundation for QPerfect's Quantum Logical Unit (QLU) framework, accelerating real-world quantum applications.
The partnership combines QPerfect's quantum capabilities with BTQ's expertise in post-quantum cryptography and hardware acceleration. Both companies aim to finalize definitive agreements by June 30, 2025.
BTQ Technologies Corp. (OTCQX: BTQQF) ha firmato un accordo preliminare non vincolante per investire 2 milioni di euro in QPerfect, un'azienda francese specializzata nel calcolo quantistico con atomi neutri. L'investimento, basato su una valutazione pre-money di 10 milioni di euro, darebbe a BTQ una partecipazione azionaria del 16,67% con un'opzione per acquisire la piena proprietà entro 12 mesi.
La piattaforma di punta di QPerfect, MIMIQ, esegue algoritmi quantistici con prestazioni superiori rispetto ai simulatori e ai computer quantistici esistenti. La piattaforma funge da base per il framework Quantum Logical Unit (QLU) di QPerfect, accelerando le applicazioni quantistiche nel mondo reale.
La partnership combina le capacità quantistiche di QPerfect con l'expertise di BTQ nella crittografia post-quantistica e nell'accelerazione hardware. Entrambe le aziende mirano a finalizzare accordi definitivi entro il 30 giugno 2025.
BTQ Technologies Corp. (OTCQX: BTQQF) ha firmado un acuerdo de términos no vinculante para invertir 2 millones de euros en QPerfect, una empresa francesa de computación cuántica con átomos neutros. La inversión, basada en una valoración pre-money de 10 millones de euros, otorgaría a BTQ una participación del 16,67% con la opción de adquirir la propiedad total en un plazo de 12 meses.
La plataforma insignia de QPerfect, MIMIQ, ejecuta algoritmos cuánticos con un rendimiento superior en comparación con los simuladores y computadoras cuánticas existentes. La plataforma sirve como base para el marco Quantum Logical Unit (QLU) de QPerfect, acelerando las aplicaciones cuánticas en el mundo real.
La asociación combina las capacidades cuánticas de QPerfect con la experiencia de BTQ en criptografía post-cuántica y aceleración de hardware. Ambas empresas tienen como objetivo finalizar acuerdos definitivos para el 30 de junio de 2025.
BTQ Technologies Corp. (OTCQX: BTQQF)는 프랑스의 중성 원자 양자 컴퓨팅 회사인 QPerfect에 200만 유로를 투자하기 위한 비구속 조건 시트를 체결했습니다. 이 투자는 1천만 유로의 사전 가치 평가를 기반으로 하며, BTQ는 16.67%의 지분을 보유하게 되며, 12개월 이내에 전체 소유권을 인수할 수 있는 옵션이 있습니다.
QPerfect의 주력 플랫폼인 MIMIQ는 기존의 시뮬레이터 및 양자 컴퓨터와 비교하여 우수한 성능으로 양자 알고리즘을 실행합니다. 이 플랫폼은 QPerfect의 양자 논리 장치(QLU) 프레임워크의 기초 역할을 하여 실제 양자 응용 프로그램을 가속화합니다.
이 파트너십은 QPerfect의 양자 기능과 BTQ의 포스트 양자 암호화 및 하드웨어 가속 전문성을 결합합니다. 두 회사는 2025년 6월 30일까지 최종 계약을 체결할 계획입니다.
BTQ Technologies Corp. (OTCQX: BTQQF) a signé une feuille de termes non contraignante pour investir 2 millions d'euros dans QPerfect, une entreprise française spécialisée dans l'informatique quantique à atomes neutres. Cet investissement, basé sur une valorisation pré-money de 10 millions d'euros, donnerait à BTQ une participation de 16,67% avec une option d'acquérir la pleine propriété dans les 12 mois.
La plateforme phare de QPerfect, MIMIQ, exécute des algorithmes quantiques avec des performances supérieures par rapport aux simulateurs et ordinateurs quantiques existants. La plateforme sert de base pour le cadre Quantum Logical Unit (QLU) de QPerfect, accélérant les applications quantiques dans le monde réel.
Le partenariat combine les capacités quantiques de QPerfect avec l'expertise de BTQ en cryptographie post-quantique et en accélération matérielle. Les deux entreprises visent à finaliser des accords définitifs d'ici le 30 juin 2025.
BTQ Technologies Corp. (OTCQX: BTQQF) hat ein nicht verbindliches Term Sheet unterzeichnet, um 2 Millionen Euro in QPerfect, ein französisches Unternehmen für neutrale Atom-Quantencomputing, zu investieren. Die Investition, basierend auf einer Pre-Money-Bewertung von 10 Millionen Euro, würde BTQ eine 16,67%ige Beteiligung einräumen, mit der Option, innerhalb von 12 Monaten die vollständige Eigentümerschaft zu erwerben.
Die Flaggschiff-Plattform von QPerfect, MIMIQ, führt Quantenalgorithmen mit überlegener Leistung im Vergleich zu bestehenden Simulatoren und Quantencomputern aus. Die Plattform dient als Grundlage für das Quantum Logical Unit (QLU)-Framework von QPerfect und beschleunigt reale Quantenanwendungen.
Die Partnerschaft kombiniert die quantentechnischen Fähigkeiten von QPerfect mit BTQs Expertise in post-quantum Kryptografie und Hardware-Beschleunigung. Beide Unternehmen streben an, bis zum 30. Juni 2025 endgültige Vereinbarungen abzuschließen.
- Strategic acquisition of 16.67% stake in QPerfect for €2M with option for full ownership
- Access to MIMIQ platform, offering superior quantum algorithm execution capabilities
- Expansion into European quantum computing market
- Complementary technology integration between BTQ's cryptography and QPerfect's quantum computing solutions
- Non-binding term sheet subject to due diligence and definitive agreements
- Significant capital investment required (€2M) with uncertain immediate returns
- Strategic Investment in Quantum Pioneer: BTQ Technologies has signed a term sheet to invest
€2 million in QPerfect, a French deeptech company specializing in neutral atom quantum computing and design automation. The proposed investment grants BTQ a16.67% equity stake, with an option to acquire full ownership within 12 months. - Advancing Quantum Software Through MIMIQ: QPerfect's flagship platform, MIMIQ, enables rapid, accurate, and scalable quantum algorithm execution—outperforming current simulators and quantum hardware. It forms the foundation of QPerfect's Quantum Logical Unit (QLU) framework, helping accelerate real-world quantum applications.
- Strengthening Global Quantum Security Infrastructure: The partnership combines QPerfect's cutting-edge quantum capabilities with BTQ's expertise in post-quantum cryptography and hardware acceleration, reinforcing BTQ's strategic expansion in
Europe and its mission to secure digital infrastructure in the quantum era.
This strategic investment reflects BTQ's ongoing commitment to building a robust global quantum ecosystem and accelerating the development of secure, real-world quantum applications. The proposed investment, based on a pre-money valuation of
QPerfect, founded in 2023, specializes in quantum computing and quantum design automation in particular with neutral atom quantum technology. The company provides powerful technology to enable researchers, developers, and manufacturers to realize the full potential of quantum computers, unlocking industry-transforming applications. Its flagship product, MIMIQ, is a cutting-edge platform that executes quantum algorithms with high speed, accuracy, and flexibility, surpassing existing quantum simulators and current quantum computers. The platform is extensively benchmarked and tested, making it a leading emulation platform for designing, testing, and optimizing large-scale quantum algorithms.
"We are thrilled to partner with QPerfect as part of our mission to secure the future of digital communications and create applications with quantum advantage," said Olivier Roussy Newton, CEO of BTQ Technologies. "QPerfect brings world-class scientific expertise and quantum software development capabilities that complement BTQ's strengths in post-quantum cryptography and hardware acceleration."
"This partnership with BTQ reinforces our mission to make quantum computing practical and will accelerate our Quantum Logical Unit roadmap toward scalable and secure real-world applications," added Philippe Blot, CEO of QPerfect.
Subject to completion of due diligence and execution of definitive agreements, the investment will support QPerfect's development roadmap and expansion plans. The term sheet also outlines customary governance rights for BTQ, including board representation, information rights, and anti-dilution protections.
Both parties aim to finalize definitive agreements by June 30, 2025.
About QPerfect
QPerfect is a French quantum computing company based in
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
About BTQ
BTQ was founded by a group of post-quantum cryptographers with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.
Connect with BTQ: Website | LinkedIn
ON 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 negotiation and entering into of definitive agreements in relation to the investment with QPerfect, 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 closing of the investment in QPerfect on the terms contemplated, 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); 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 and as set forth in the Company's most recently filed annual information form. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE BTQ Technologies Corp.
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