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BTQ Technologies Joins QuINSA as a Founding Member to Propel International Quantum Information Standardization

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BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) has joined the Quantum Industrial Standard Association (QuINSA) as a founding member. QuINSA, a Korean-led international organization, aims to develop global standards for quantum communication, computing, and sensing. The association includes major tech companies like SKT, IBM, and AWS, focusing on industry-led standardization, expert collaboration, and global trend analysis in quantum technologies.

At the launch event in Seoul, industry leaders shared insights on quantum technology trends. BTQ's CEO, Olivier Roussy Newton, emphasized the company's commitment to shaping the future of quantum innovation. The initiative is expected to play a important role in developing global quantum information technology and creating a robust ecosystem.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) è diventata membro fondatore della Quantum Industrial Standard Association (QuINSA). QuINSA, un'organizzazione internazionale guidata dalla Corea, ha l'obiettivo di sviluppare standard globali per la comunicazione quantistica, il calcolo e la sensoristica. L'associazione include importanti aziende tecnologiche come SKT, IBM e AWS, con un focus sulla standardizzazione guidata dall'industria, la collaborazione tra esperti e l'analisi delle tendenze globali nelle tecnologie quantistiche.

Durante l'evento di lancio a Seoul, i leader del settore hanno condiviso preziose informazioni sulle tendenze della tecnologia quantistica. Il CEO di BTQ, Olivier Roussy Newton, ha sottolineato l'impegno della società nel plasmare il futuro dell'innovazione quantistica. Si prevede che l'iniziativa svolga un ruolo importante nello sviluppo della tecnologia delle informazioni quantistiche a livello globale e nella creazione di un ecosistema robusto.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) se ha unido como miembro fundador a la Quantum Industrial Standard Association (QuINSA). QuINSA, una organización internacional liderada por Corea, tiene como objetivo desarrollar estándares globales para la comunicación, computación y sensado cuántico. La asociación incluye importantes empresas tecnológicas como SKT, IBM y AWS, enfocándose en la estandarización liderada por la industria, la colaboración de expertos y el análisis de tendencias globales en tecnologías cuánticas.

En el evento de lanzamiento en Seúl, los líderes de la industria compartieron sus percepciones sobre las tendencias de la tecnología cuántica. El CEO de BTQ, Olivier Roussy Newton, enfatizó el compromiso de la empresa con la formación del futuro de la innovación cuántica. Se espera que la iniciativa desempeñe un papel importante en el desarrollo de la tecnología de información cuántica a nivel global y en la creación de un ecosistema robusto.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF)는 Quantum Industrial Standard Association (QuINSA)의 창립 멤버로 가입했습니다. QuINSA는 한국이 주도하는 국제 조직으로, 양자 통신, 컴퓨팅 및 센서 기술에 대한 글로벌 표준을 개발하는 것을 목표로 하고 있습니다. 이 협회에는 SKT, IBM 및 AWS와 같은 주요 기술 회사들이 포함되어 있으며, 산업 주도의 표준화, 전문가 협력 및 양자 기술에 대한 글로벌 트렌드 분석에 중점을 두고 있습니다.

서울에서 열린 출시 행사에서 산업 리더들은 양자 기술 트렌드에 대한 통찰을 공유했습니다. BTQ의 CEO인 Olivier Roussy Newton은 회사가 양자 혁신의 미래를 형성하는 데 대한 헌신을 강조했습니다. 이 이니셔티브는 글로벌 양자 정보 기술 개발과 강력한 생태계 구축에 중요한 역할을 할 것으로 예상됩니다.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) a rejoint l'Quantum Industrial Standard Association (QuINSA) en tant que membre fondateur. QuINSA, une organisation internationale dirigée par la Corée, vise à développer des normes mondiales pour la communication, le calcul et la détection quantiques. L'association inclut de grandes entreprises technologiques telles que SKT, IBM et AWS, en se concentrant sur la standardisation dirigée par l'industrie, la collaboration d'experts et l'analyse des tendances mondiales dans les technologies quantiques.

Lors de l'événement de lancement à Séoul, des leaders de l'industrie ont partagé leurs points de vue sur les tendances technologiques quantiques. Le PDG de BTQ, Olivier Roussy Newton, a souligné l'engagement de l'entreprise à façonner l'avenir de l'innovation quantique. Cette initiative devrait jouer un rôle important dans le développement des technologies de l'information quantiques à l'échelle mondiale et la création d'un écosystème robuste.

BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) ist als Gründungsmitglied der Quantum Industrial Standard Association (QuINSA) beigetreten. QuINSA ist eine von Korea geführte internationale Organisation, die es sich zum Ziel gesetzt hat, globale Standards für quantenkommunikation, -computing und -sensorik zu entwickeln. Der Verband umfasst bedeutende Technologieunternehmen wie SKT, IBM und AWS und konzentriert sich auf industriegeleitete Standardisierung, Expertenzusammenarbeit und die Analyse globaler Trends in der Quantentechnologie.

Bei der Eröffnungsveranstaltung in Seoul teilten Branchenführer ihre Erkenntnisse über die Trends der Quantentechnologie. Der CEO von BTQ, Olivier Roussy Newton, betonte das Engagement des Unternehmens, die Zukunft der quantenbasierten Innovationen mitzugestalten. Es wird erwartet, dass die Initiative eine wichtige Rolle bei der Entwicklung globaler quantenbasierter Informationstechnologien und beim Aufbau eines robusten Ökosystems spielt.

Positive
  • BTQ Technologies joins QuINSA as a founding member, positioning itself among global quantum technology leaders
  • Collaboration with major tech companies like IBM, AWS, and SKT in quantum standardization efforts
  • Potential for BTQ to influence global standards in quantum communication, computing, and sensing
Negative
  • None.
  • Founding Membership: BTQ joins QuINSA as a founding member, collaborating with other international quantum technology leaders, including SKT, KT, LGU+, LG Electronics, POSCO, LIG NexOne, IDQ, Jin Infra, SDT, IBM, Qusecure, IQM , SemiQon, Quantum Machines, and AWS, to develop global standards for quantum communication, computing, and sensing.

  • International Collaboration: QuINSA facilitates cooperation between experts, analyzes standardization trends, and collaborates with international bodies to promote industrialization and innovation in quantum technologies.

  • Strategic Presentations: At the launch event, industry leaders, including BTQ, shared insights into global trends and technological advancements in quantum communication, sensing, and computing.

VANCOUVER, BC, Aug. 14, 2024 /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 its participation as a founding member of the newly launched Quantum Industrial Standard Association (QuINSA), a Korean-led international information standardization organization dedicated to advancing the quantum information technology industry. The launch ceremony, organized by the Ministry of Science and ICT (MSIT), took place at the Yangjae El Tower in Seoul.

QuINSA's Mission and Objectives

QuINSA has been established to spearhead the development of international standards for emerging quantum technologies, including quantum communication, quantum computing, and quantum sensing. As an industry-led initiative, QuINSA will facilitate collaboration among experts, analyze global standardization trends, identify use cases, and promote the industrialization of quantum technologies. The organization aims to work closely with international standardization bodies to ensure global alignment and foster innovation within the quantum sector.

Global Collaboration and Participation

QuINSA's founding members comprise a diverse group of leading institutions actively involved in the development and commercialization of quantum technologies. Among the notable members are SKT, KT, LGU+, LG Electronics, POSCO, LIG NexOne, IDQ, Jin Infra, and SDT. The organization also welcomes international giants such as IBM, Qusecure, IQM, SemiQon, Quantum Machines, BTQ Technologies, and AWS, with AWS considering joining the initiative.

Insights and Presentations at the Launch Event

The launch event featured insightful presentations by industry leaders and experts. Suvi Sundquist, Head of Asia at Business Finland, shared trends in the European quantum information technology ecosystem, while Seung-Wook Baek, Director of the Quantum National Technology Strategy Centre at KRISS, outlined Korea's policy direction in quantum information technology.

Following the launch ceremony, BTQ Technologies, IBM, and IQM presented global quantum computing technology trends, focusing on quantum communication, sensing, and computing. KT highlighted domestic and international quantum communication technology trends, KRISS presented insights into quantum sensing, and SKT showcased industrialization cases and trends within the quantum information technology sector.

"Industry-oriented information standardization activities are crucial to rapidly revitalizing the quantum industry's ecosystem, which is still in its early stages of industrialization," said Director General, Sunhak Cho of MSIT. "We expect QuINSA, launched under Korea's leadership, to become an internationally recognized information standardization body and play a pivotal role in developing global quantum information technology and creating an ecosystem."

Olivier Roussy Newton, CEO of BTQ Technologies, commented, "Joining QuINSA as a founding member is a testament to BTQ's commitment to pioneering advancements in quantum technology. We are excited to collaborate with global leaders to establish standards that will shape the future of quantum innovation and ensure its secure and sustainable development."

About QuINSA
QuINSA is an industry-led international information-based standardization organization for the quantum information technology industry. It will play a crucial role in:

  • Developing international standard proposals for various quantum technologies
  • Analyzing global standardization trends in quantum information technology
  • Identifying use cases and promoting industrialization
  • Cooperating with international standardization organizations

For more information please visit http://www.qs.or.kr/niabbs5/index.php

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 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 QuINSA and why did BTQ Technologies (BTQQF) join it?

QuINSA (Quantum Industrial Standard Association) is a Korean-led international organization aimed at developing global standards for quantum technologies. BTQ Technologies (BTQQF) joined as a founding member to collaborate with other industry leaders in shaping the future of quantum innovation and standardization.

Who are the other founding members of QuINSA alongside BTQ Technologies (BTQQF)?

Other founding members of QuINSA include major tech companies such as SKT, KT, LGU+, LG Electronics, IBM, Qusecure, IQM, SemiQon, Quantum Machines, and potentially AWS. These companies represent a diverse group of leaders in quantum technology development and commercialization.

What are the main objectives of QuINSA that BTQ Technologies (BTQQF) will contribute to?

The main objectives of QuINSA that BTQ Technologies (BTQQF) will contribute to include developing international standards for quantum communication, computing, and sensing, facilitating expert collaboration, analyzing global standardization trends, identifying use cases, and promoting the industrialization of quantum technologies.

How might BTQ Technologies' (BTQQF) involvement in QuINSA impact its business?

BTQ Technologies' (BTQQF) involvement in QuINSA could potentially strengthen its position in the quantum technology market, provide opportunities for collaboration with industry leaders, and allow the company to influence global standards in quantum technologies, potentially benefiting its business and market position.

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