BTQ Technologies Provides Corporate Update: Appoints Hunter Scharfe as Senior Advisor, Among Other Strategic Developments
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a global quantum technology company, has announced several strategic developments:
1. Appointment of Hunter Scharfe as Senior Advisor to guide strategic initiatives and partnerships.
2. Closure of a $1,000,000 convertible loan for general corporate purposes.
3. Acquisition of Radical Semiconductor's processing-in-memory technology portfolio to enhance post-quantum cryptography capabilities.
4. Appointment of world-class experts to leadership and scientific advisory board roles.
5. Joining QuINSA as a founding member to advance quantum information standardization.
6. Eligibility for up to C$435,000 in grants from the Mitacs Accelerate program for IP development.
7. Signing of MOU with ID Quantique to develop next-generation authentication systems.
These developments aim to strengthen BTQ's market position in quantum-secure technology and drive long-term growth.
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), un'azienda globale nel settore delle tecnologie quantistiche, ha annunciato diversi sviluppi strategici:
1. Nomina di Hunter Scharfe come Senior Advisor per guidare iniziative strategiche e collaborazioni.
2. Chiusura di un prestito convertibile di $1.000.000 per usi generali aziendali.
3. Acquisizione del portafoglio di tecnologie di processing-in-memory di Radical Semiconductor per potenziare le capacità di crittografia post-quantistica.
4. Nomina di esperti di fama mondiale in ruoli di leadership e nel consiglio consultivo scientifico.
5. Ingressi come membro fondatore di QuINSA per promuovere la standardizzazione delle informazioni quantistiche.
6. Idoneità a ricevere fino a C$435.000 in sovvenzioni dal programma Mitacs Accelerate per lo sviluppo della proprietà intellettuale.
7. Firma di un MOU con ID Quantique per sviluppare sistemi di autenticazione di nuova generazione.
Questi sviluppi mirano a rafforzare la posizione di mercato di BTQ nella tecnologia sicura quantisticamente e a favorire la crescita a lungo termine.
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), una empresa global de tecnología cuántica, ha anunciado varios desarrollos estratégicos:
1. Designación de Hunter Scharfe como Asesor Senior para guiar iniciativas estratégicas y asociaciones.
2. Cierre de un préstamo convertible de $1,000,000 para fines corporativos generales.
3. Adquisición de la cartera de tecnología de procesamiento en memoria de Radical Semiconductor para mejorar las capacidades de criptografía post-cuántica.
4. Nombramiento de expertos de clase mundial en roles de liderazgo y en el consejo asesor científico.
5. Unirse a QuINSA como miembro fundador para avanzar en la estandarización de la información cuántica.
6. Elegibilidad para recibir hasta C$435,000 en subvenciones del programa Mitacs Accelerate para el desarrollo de propiedad intelectual.
7. Firma de un MOU con ID Quantique para desarrollar sistemas de autenticación de nueva generación.
Estos desarrollos buscan fortalecer la posición de mercado de BTQ en tecnología segura cuánticamente y promover el crecimiento a largo plazo.
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), 글로벌 양자 기술 회사가 여러 전략적 개발 사항을 발표했습니다:
1. 전략적 이니셔티브와 파트너십을 안내하기 위해 Hunter Scharfe를 수석 고문으로 임명했습니다.
2. 일반 기업 용도로 $1,000,000 규모의 전환 대출이 완료되었습니다.
3. Radical Semiconductor의 메모리 내 처리 기술 포트폴리오를 인수하여 포스트 양자 암호화 기능을 향상시킵니다.
4. 세계적 전문가들을 리더십 및 과학 자문위원회 역할로 임명했습니다.
5. QuINSA의 창립 멤버로 참여하여 양자 정보 표준화를 진행합니다.
6. 지식 재산 개발을 위해 Mitacs Accelerate 프로그램으로부터 최대 C$435,000의 보조금을 받을 자격이 있습니다.
7. ID Quantique와 차세대 인증 시스템 개발을 위한 MOU를 체결했습니다.
이러한 개발은 BTQ의 양자 보안 기술 시장에서의 입지를 강화하고 장기적인 성장을 이끄는 것을 목표로 하고 있습니다.
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), une entreprise mondiale de technologie quantique, a annoncé plusieurs développements stratégiques :
1. Nommer Hunter Scharfe en tant que Conseiller Senior pour guider les initiatives stratégiques et les partenariats.
2. Clôture d'un prêt convertible de 1 000 000 $ pour des fins d'entreprise générales.
3. Acquisition du portefeuille de technologies de traitement en mémoire de Radical Semiconductor pour améliorer les capacités de cryptographie post-quantique.
4. Nommer des experts de classe mondiale à des postes de direction et au conseil consultatif scientifique.
5. Rejoindre QuINSA en tant que membre fondateur pour faire avancer la normalisation de l'information quantique.
6. Éligibilité à des subventions d'un maximum de 435 000 $ CA du programme Mitacs Accelerate pour le développement de la propriété intellectuelle.
7. Signature d'un MOU avec ID Quantique pour développer des systèmes d'authentification de nouvelle génération.
Ces développements visent à renforcer la position de marché de BTQ dans la technologie sécurisée quantiquement et à promouvoir la croissance à long terme.
BTQ Technologies Corp. (CBOE CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), ein globales Unternehmen für Quantentechnologie, hat mehrere strategische Entwicklungen angekündigt:
1. Ernennung von Hunter Scharfe zum Senior Advisor, um strategische Initiativen und Partnerschaften zu leiten.
2. Abschluss eines wandelbaren Darlehens über $1.000.000 für allgemeine Unternehmenszwecke.
3. Erwerb des Technologieportfolios von Radical Semiconductor im Bereich Processing-in-Memory zur Verbesserung der post-quantum Kryptografie-Fähigkeiten.
4. Ernennung von Experten von Weltrang zu Führungs- und wissenschaftlichen Beratungsausschüssen.
5. Beitritt zu QuINSA als Gründungsmitglied zur Förderung der Standardisierung von Quanteninformation.
6. Berechtigung für Zuschüsse von bis zu C$435.000 vom Mitacs Accelerate-Programm für die Entwicklung von geistigem Eigentum.
7. Unterzeichnung eines MOU mit ID Quantique zur Entwicklung von Authentifizierungssystemen der nächsten Generation.
Diese Entwicklungen zielen darauf ab, die Marktposition von BTQ im Bereich quantensichere Technologie zu stärken und das langfristige Wachstum voranzutreiben.
- Acquisition of Radical Semiconductor's technology portfolio enhances BTQ's post-quantum cryptography capabilities
- Appointment of world-class experts strengthens leadership team and advisory board
- Joining QuINSA as a founding member positions BTQ among global quantum technology leaders
- Eligibility for up to C$435,000 in grants from Mitacs Accelerate program supports IP development
- Partnership with ID Quantique to develop advanced authentication systems combining QRNG and PQC
- Closure of $1,000,000 convertible loan provides additional working capital
- The $1,000,000 convertible loan may lead to potential shareholder dilution if converted
In this role, Mr. Scharfe will advise the Company on strategic initiatives aimed at strengthening BTQ's market position and driving long-term growth. He will also provide guidance on partnerships and mergers and acquisitions as BTQ continues to expand its global presence in the quantum technology sector.
Mr. Scharfe is an entrepreneur and financier with nearly a decade of experience as a strategic capital partner and merchant banker. He is currently a Partner at a
The Company is also pleased to announce that it has closed a
Other Recent Strategic Developments include:
BTQ Technologies Completes Acquisition of Radical Semiconductor's Processing-in-Memory Technology Portfolio, Advancing Post-Quantum Cryptography Capabilities
BTQ Technologies acquired the assets of Radical Semiconductor Inc., a leader in cryptographic accelerators, including its innovative CASH architecture that uses processing-in-memory technology for secure, agile, and reconfigurable cryptographic solutions. This acquisition enhances BTQ's leadership in post-quantum cryptography and strengthens its quantum-secure communications infrastructure. Radical's technology will support BTQ's growth in sectors like IoT, financial services, blockchain, and government, offering scalable and efficient quantum-secure solutions across various emerging markets.
BTQ Technologies Appoints World-Class Quantum and Cryptography Experts to Leadership and Scientific Advisory Board
BTQ Technologies Corp. strengthened its leadership team with globally recognized experts in quantum computing, cryptography, and cybersecurity, underscoring its commitment to addressing security challenges posed by large-scale quantum computers. New appointees include Jeffrey Morais as Head of Quantum Software, Kohei Suenaga as Zero-Knowledge Cryptography Advisor, Eylon Yogev as Post-Quantum Cryptography Advisor, and Deepesh Singh as Quantum Photonics Advisor. Each brings specialized expertise in areas such as quantum cryptography, formal verification, interactive proof systems, and quantum photonics, bolstering BTQ's capacity to innovate in post-quantum security.
BTQ Technologies Joins QuINSA as a Founding Member to Propel International Quantum Information Standardization
BTQ has joined QuINSA as a founding member, collaborating with global quantum technology leaders like SKT, LG Electronics, IBM, and AWS to develop standards for quantum communication, computing, and sensing. QuINSA promotes international collaboration, analyzes standardization trends, and partners with global bodies to advance quantum industrialization and innovation. During the launch event, BTQ and other industry leaders presented insights on trends and advancements in quantum technologies.
BTQ Technologies Announces the Award of Academic Grants from Mitacs
BTQ Technologies is eligible for up to
BTQ and ID Quantique Sign MOU: Collaboration for Developing Next-Generation Authentication Systems
BTQ Technologies Corp. and ID Quantique signed an MOU to co-develop an authentication system combining Quantum Random Number Generators (QRNG) and Post-Quantum Cryptography (PQC). ID Quantique is a leader in quantum cryptography, while BTQ's PQC signature algorithm, Preon, has received recognition from NIST. This partnership aims to create a cutting-edge solution to address security challenges posed by both classical and quantum computing threats.
Olivier Roussy Newton, CEO of BTQ Technologies, commented, "BTQ Technologies is at an exciting juncture, with our recent strategic developments solidifying our position as a leader in quantum-secure technology. The acquisition of Radical Semiconductor's groundbreaking cryptographic solutions, coupled with our collaboration with ID Quantique on pioneering authentication systems, demonstrates our commitment to delivering robust security in an era of quantum threats. Additionally, the expansion of our leadership team with renowned experts in quantum computing, cryptography, and cybersecurity, along with our involvement in QuINSA, strengthens our capabilities and influence within the global quantum community. These initiatives not only enhance our technology portfolio but also position us to meet the evolving security needs of sectors from IoT to financial services. We are more confident than ever in our mission to drive innovation and set the standard in quantum-secure communications."
About BTQ
BTQ 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.
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