BTQ Technologies Announces the Award of Academic Grants from Mitacs
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) has been awarded up to C$435,000 in grants from the Mitacs Accelerate program. This funding will support a collaborative project with the University of Waterloo, focusing on efficient zero-knowledge proof-based post-quantum digital signature schemes. The project, supervised by Prof. Guang Gong, aims to investigate the efficiency and commercial implementation of Preon, BTQ's candidate in NIST's Additional Digital Signature Schemes Round 1 for the PQC Standardization Process.
The research aligns with the U.S. National Institute of Standards and Technology's initiative to transition cryptographic systems to quantum-resistant cryptography by 2035. BTQ plans to pursue additional research grants and collaborations to expand its presence in Canada's quantum and cybersecurity ecosystems.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) ha ricevuto fino a C$435,000 in sovvenzioni dal programma Mitacs Accelerate. Questo finanziamento sosterrà un progetto collaborativo con l'Università di Waterloo, focalizzato su schemi di firma digitale post-quantum basati su prove a conoscenza zero. Il progetto, supervisionato dal Prof. Guang Gong, ha l'obiettivo di indagare l'efficienza e l'implementazione commerciale di Preon, il candidato di BTQ nel primo turno delle Additional Digital Signature Schemes del NIST per il processo di standardizzazione PQC.
La ricerca è allineata con l'iniziativa dell'Istituto Nazionale degli Standard e della Tecnologia degli Stati Uniti per la transizione dei sistemi crittografici verso crittografia resistente ai quanti entro il 2035. BTQ prevede di cercare ulteriori sovvenzioni per la ricerca e collaborazioni per espandere la sua presenza negli ecosistemi quantistici e di cybersecurity del Canada.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) ha sido premiada con hasta C$435,000 en subvenciones del programa Mitacs Accelerate. Este financiamiento apoyará un proyecto colaborativo con la Universidad de Waterloo, que se centra en esquemas de firma digital post-cuántica basados en pruebas de conocimiento cero. El proyecto, supervisado por el Prof. Guang Gong, tiene como objetivo investigar la eficiencia y la implementación comercial de Preon, el candidato de BTQ en la primera ronda de Esquemas Adicionales de Firma Digital del NIST para el Proceso de Estandarización de PQC.
La investigación se alinea con la iniciativa del Instituto Nacional de Estándares y Tecnología de los EE. UU. para la transición de los sistemas criptográficos hacia la criptografía resistente a los cuánticos para 2035. BTQ planea buscar subvenciones de investigación adicionales y colaboraciones para expandir su presencia en los ecosistemas cuánticos y de ciberseguridad de Canadá.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF)는 Mitacs Accelerate 프로그램을 통해 최대 C$435,000의 보조금을 수상했습니다. 이 자금은 워털루 대학교와 협력하여 지식 없는 입증 기반의 포스트 양자 디지털 서명 방식에 대한 효율적인 연구 프로젝트를 지원합니다. 이 프로젝트는 광공 교수님이 지도하며, BTQ의 NIST 추가 디지털 서명 체계 1차 라운드 PQC 표준화 과정의 후보인 프리온의 효율성과 상업적 구현을 조사하는 것을 목표로 하고 있습니다.
이 연구는 2035년까지 암호 시스템을 양자 저항 암호로 전환하려는 미국 국립표준기술연구소(NIST)의 이니셔티브와 일치합니다. BTQ는 캐나다의 양자 및 사이버 보안 생태계에서의 입지를 확장하기 위해 추가 연구 보조금과 협력을 찾을 계획입니다.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) a reçu jusqu'à C$435,000 de subventions dans le cadre du programme Mitacs Accelerate. Ce financement soutiendra un projet collaboratif avec l'Université de Waterloo, axé sur des schémas de signatures numériques post-quantiques basés sur des preuves à connaissance nulle. Le projet, supervisé par le Prof. Guang Gong, vise à étudier l'efficacité et la mise en œuvre commerciale de Preon, le candidat de BTQ dans le cadre du premier tour des Schémas de Signature Numérique Additionnels du NIST pour le processus de standardisation PQC.
La recherche s'inscrit dans le cadre de l'initiative de l'Institut National des Standards et de la Technologie des États-Unis pour la transition des systèmes cryptographiques vers une cryptographie résistante aux quantiques d'ici 2035. BTQ prévoit de rechercher des subventions de recherche supplémentaires et des collaborations pour élargir sa présence dans les écosystèmes quantiques et de cybersécurité du Canada.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) wurde bis zu C$435,000 an Fördermitteln aus dem Mitacs Accelerate Programm ausgezeichnet. Diese Finanzierung wird ein gemeinsames Projekt mit der Universität Waterloo unterstützen, das sich auf effiziente digitale Signaturschemata auf Basis von Zero-Knowledge-Tests im Bereich der Post-Quantum-Technologie konzentriert. Das Projekt, das von Prof. Guang Gong betreut wird, zielt darauf ab, die Effizienz und kommerzielle Umsetzung von Preon, BTQs Kandidat in der ersten Runde der zusätzlichen digitalen Signaturschemata des NIST für den PQC-Standardisierungsprozess, zu untersuchen.
Die Forschung steht im Einklang mit der Initiative des US National Institute of Standards and Technology, kryptografische Systeme bis 2035 auf quantenresistente Kryptografie umzurüsten. BTQ plant, weitere Forschungsstipendien und Kooperationen zu verfolgen, um seine Präsenz in den kanadischen Quanten- und Cybersicherheitsökosystemen auszubauen.
- Awarded up to C$435,000 in grants from Mitacs Accelerate program
- Collaboration with University of Waterloo on post-quantum cryptography research
- Potential to deepen IP portfolio and accelerate commercialization
- Alignment with NIST's initiative for quantum-resistant cryptography transition
- None.
- Grant Awards: BTQ Technologies is eligible to receive up to
C in awards from the Mitacs Accelerate program. These grants will help deepen BTQ's IP portfolio and accelerate commercialization.$435,000 - Project Collaboration: The Mitacs Accelerate project, supervised by Prof. Guang Gong at the University of Waterloo, focuses on efficient zero-knowledge proof-based post-quantum digital signature schemes and aims to investigate the efficiency and commercial implementation of Preon.
In May 2024, BTQ received approval for its Mitacs Accelerate project titled "Enabling Efficient Zero-Knowledge Proofs-Based Post-Quantum Digital Signature Schemes." The project, supervised by Prof. Guang Gong from the Department of Electrical and Computer Engineering at the University of Waterloo, is set to continue until July 2026.
With the rapid development of quantum computers, the U.S. National Institute of Standards and Technology (NIST) has issued a National Security Memorandum to ensure the timely and equitable transition of cryptographic systems to quantum-resistant cryptography by 2035. This initiative urges the direct implementation of post-quantum cryptographic (PQC) algorithms in all layers of protection mechanisms for new digital systems. The goal of this project, jointly led by BTQ and the University of Waterloo, is to investigate the efficiency and commercial implementation of Preon, one of the candidates in NIST's Additional Digital Signature Schemes Round 1 for the PQC Standardization Process, submitted by BTQ in July of last year.
Guang Gong, the project lead, Professor in the Department of Electrical and Computer Engineering, University Research Chair, and IEEE Fellow, commented on the collaboration: "I am very glad to receive this Mitacs grant with our industrial partner HH-BTQ. The project aims to investigate the efficiency and implementation of Preon (submitted to NIST 2023), a post-quantum digital signature scheme based on the Aurora zero-knowledge non-interactive argument of knowledge (zkSNARK) proof system and the AES circuit for optimized signing and verification processes. This collaborative environment will provide graduate students and post-doctoral fellows with rich research experiences and in-depth exposure to cutting-edge industrial research and development."
About Mitacs
Mitacs empowers Canadian innovation through effective partnerships that deliver solutions to the world's most pressing problems. By driving economic growth and productivity, Mitacs creates meaningful change to improve the quality of life for all Canadians. Founded in 1999, Mitacs has grown beyond its origins in mathematics. Today, the organization supports a range of disciplines, from STEM to social innovation. With close to 400 employees and offices in
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
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CEO, Chairman
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