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BTQ Technologies Awarded Mitacs Elevate Grant to Advance Cutting-Edge Quantum Simulation Research

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BTQ Technologies has secured a $158,000 Mitacs Elevate Postdoctoral Fellowship at the University of Toronto for advanced quantum simulation research. The project, led by Dr. Aleksei Uvarov under Professor Artur Izmaylov's supervision, focuses on reducing resource requirements for quantum simulations.

The research will develop innovative techniques including LCU block encoding, tensor decomposition optimizations, and spectral range reduction to enhance quantum simulation efficiency. These advancements aim to improve scalability for real-world applications in quantum chemistry, materials science, and secure communications.

This industry-academic partnership through Mitacs, a national non-profit organization, demonstrates BTQ's commitment to bridging theoretical quantum research with practical applications in quantum security.

BTQ Technologies ha ottenuto un Fellowship Postdottorale Mitacs Elevate di $158.000 presso l'Università di Toronto per la ricerca avanzata sulla simulazione quantistica. Il progetto, guidato dal Dr. Aleksei Uvarov sotto la supervisione del Professor Artur Izmaylov, si concentra sulla riduzione delle risorse necessarie per le simulazioni quantistiche.

La ricerca svilupperà tecniche innovative tra cui codifica a blocchi LCU, ottimizzazioni della decomposizione tensoriale e riduzione dell'intervallo spettrale per migliorare l'efficienza delle simulazioni quantistiche. Questi progressi mirano a migliorare la scalabilità per applicazioni reali in chimica quantistica, scienza dei materiali e comunicazioni sicure.

Questa partnership tra industria e accademia attraverso Mitacs, un'organizzazione nazionale senza scopo di lucro, dimostra l'impegno di BTQ nel collegare la ricerca teorica quantistica con applicazioni pratiche nella sicurezza quantistica.

BTQ Technologies ha obtenido una Beca Postdoctoral Mitacs Elevate de $158,000 en la Universidad de Toronto para la investigación avanzada en simulación cuántica. El proyecto, liderado por el Dr. Aleksei Uvarov bajo la supervisión del Profesor Artur Izmaylov, se centra en reducir los requisitos de recursos para las simulaciones cuánticas.

La investigación desarrollará técnicas innovadoras que incluyen codificación de bloques LCU, optimizaciones de descomposición tensorial y reducción del rango espectral para mejorar la eficiencia de la simulación cuántica. Estos avances buscan mejorar la escalabilidad para aplicaciones del mundo real en química cuántica, ciencia de materiales y comunicaciones seguras.

Esta asociación entre la industria y la academia a través de Mitacs, una organización nacional sin fines de lucro, demuestra el compromiso de BTQ de unir la investigación teórica cuántica con aplicaciones prácticas en seguridad cuántica.

BTQ Technologies는 토론토 대학교에서 $158,000 Mitacs Elevate 박사후 연구원 장학금을 확보하여 고급 양자 시뮬레이션 연구를 진행합니다. 이 프로젝트는 Dr. Aleksei Uvarov가 Artur Izmaylov 교수의 감독 하에 진행하며, 양자 시뮬레이션의 자원 요구 사항을 줄이는 데 중점을 두고 있습니다.

이 연구는 LCU 블록 인코딩, 텐서 분해 최적화 및 스펙트럼 범위 축소를 포함한 혁신적인 기술을 개발하여 양자 시뮬레이션의 효율성을 향상시킬 것입니다. 이러한 발전은 양자 화학, 재료 과학 및 안전한 통신의 실제 응용을 위한 확장성을 개선하는 것을 목표로 합니다.

Mitacs를 통한 이 산업-학계 파트너십은 BTQ가 이론적인 양자 연구와 양자 보안의 실용적인 응용 사이의 연결을 강화하려는 의지를 보여줍니다.

BTQ Technologies a obtenu une Bourse Postdoctorale Mitacs Elevate de 158 000 $ à l'Université de Toronto pour des recherches avancées en simulation quantique. Le projet, dirigé par le Dr Aleksei Uvarov sous la supervision du Professeur Artur Izmaylov, vise à réduire les besoins en ressources pour les simulations quantiques.

La recherche développera des techniques innovantes, y compris l'encodage de blocs LCU, les optimisations de décomposition tensorielle et la réduction de la plage spectrale, pour améliorer l'efficacité de la simulation quantique. Ces avancées visent à améliorer l'évolutivité pour des applications concrètes en chimie quantique, science des matériaux et communications sécurisées.

Ce partenariat entre l'industrie et le milieu académique à travers Mitacs, une organisation nationale à but non lucratif, démontre l'engagement de BTQ à relier la recherche théorique quantique avec des applications pratiques en matière de sécurité quantique.

BTQ Technologies hat ein $158.000 Mitacs Elevate Postdoktorandenstipendium an der Universität Toronto für fortgeschrittene Quanten-Simulationsforschung gesichert. Das Projekt, geleitet von Dr. Aleksei Uvarov unter der Aufsicht von Professor Artur Izmaylov, konzentriert sich darauf, die Ressourcenanforderungen für Quanten-Simulationen zu reduzieren.

Die Forschung wird innovative Techniken entwickeln, darunter LCU-Blockkodierung, Optimierungen der Tensorzerlegung und Spektralbereichsreduktion, um die Effizienz der Quanten-Simulation zu verbessern. Diese Fortschritte zielen darauf ab, die Skalierbarkeit für reale Anwendungen in der Quantenchemie, Materialwissenschaft und sicheren Kommunikation zu verbessern.

Diese Industrie-Akademie-Partnerschaft durch Mitacs, eine nationale gemeinnützige Organisation, demonstriert BTQs Engagement, theoretische Quantenforschung mit praktischen Anwendungen in der Quanten-Sicherheit zu verbinden.

Positive
  • Secured $158,000 research grant funding
  • Partnership with prestigious University of Toronto
  • Development of advanced quantum simulation technologies
Negative
  • None.
  • BTQ Technologies Partners with Mitacs: BTQ Technologies has been awarded a $158,000 Mitacs Elevate Postdoctoral Fellowship at the University of Toronto, supporting research on reducing resource requirements for quantum simulations to accelerate quantum computing advancements.

  • Cutting-Edge Research in Quantum Algorithm Optimization: Led by Dr. Aleksei Uvarov and supervised by Professor Artur Izmaylov, the project will develop novel techniques, including LCU block encoding, tensor decomposition optimizations, and spectral range reduction, to enhance the scalability and efficiency of quantum simulations.

  • Strengthening Industry-Academic Collaboration in Quantum Security: BTQ is reinforcing its leadership in quantum security by bridging the gap between theoretical research and real-world applications, furthering its mission to secure mission-critical networks in the quantum era.

VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ - BTQ Technologies Corp. (the "Company") (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company focused on securing mission-critical networks, is pleased to announce participation as an industry partner in the Mitacs Elevate Postdoctoral Fellowship Program, funding advanced research on reducing resource requirements for quantum simulation. This collaboration reflects BTQ's commitment to fostering academic partnerships and accelerating quantum computing advancements.

The research project, titled "Exploiting the Structure of Quantum Hamiltonians to Reduce the Resource Requirements for Quantum Simulation," has been awarded a $158,000 Mitacs Elevate grant. Led by Dr. Aleksei Uvarov, a postdoctoral researcher at the University of Toronto's Department of Physical and Environmental Sciences, and supervised by Professor Artur Izmaylov, the project will focus on optimizing quantum algorithms for more efficient simulation of complex quantum systems.

As an industry partner, BTQ is supporting the research to develop novel computational techniques, including linear combination of unitaries (LCU) block encoding, tensor decomposition optimizations, and spectral range reduction. These innovations have the potential to enhance the scalability of quantum simulations, making them more viable for real-world applications in quantum chemistry, materials science, and secure communications.

"At BTQ Technologies, we recognize that industry-academic collaboration is key to unlocking the full potential of quantum computing," said Olivier Roussy Newton, CEO at BTQ Technologies. "By conducting this research, we are investing in breakthrough technologies that could lead to more efficient quantum simulation methods, ultimately advancing the development of quantum-secure solutions."

Mitacs, a national non-profit organization, connects top researchers with industry partners to drive innovation in Canada. Through this partnership, BTQ is helping bridge the gap between theoretical quantum research and practical, real-world applications, reinforcing its leadership in the quantum security sector.

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 Ottawa, Montréal, Toronto, and Vancouver Mitacs is an integral part of Canada's innovation ecosystem. For more information please visit https://www.mitacs.ca/

About BTQ
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) was founded by a group of post-quantum security experts with an interest in addressing the urgent security threat posed by large-scale quantum computers. With the support of leading research institutes and universities, BTQ's extensive technology portfolio and commercialization platform is focused on accelerating quantum advantage.

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 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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SOURCE BTQ Technologies Corp.

FAQ

What is the value and purpose of BTQ Technologies' (BTQQF) Mitacs Elevate grant?

BTQ Technologies received a $158,000 Mitacs Elevate grant to fund research on reducing resource requirements for quantum simulation, focusing on developing more efficient quantum algorithms.

Who are the key researchers leading BTQ Technologies' (BTQQF) quantum simulation project?

Dr. Aleksei Uvarov leads the research as a postdoctoral researcher, supervised by Professor Artur Izmaylov at the University of Toronto's Department of Physical and Environmental Sciences.

What specific technologies will BTQ Technologies (BTQQF) develop through this research?

The research will develop LCU block encoding, tensor decomposition optimizations, and spectral range reduction techniques to enhance quantum simulation efficiency.

How will this research impact BTQ Technologies' (BTQQF) quantum security solutions?

The research aims to improve quantum simulation scalability for real-world applications in quantum chemistry, materials science, and secure communications, advancing BTQ's quantum-secure solutions.

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