Welcome to our dedicated page for BTQ TECHNOLOGIES news (Ticker: BTQQF), a resource for investors and traders seeking the latest updates and insights on BTQ TECHNOLOGIES stock.
BTQ Technologies Corp (BTQQF) is a global quantum technology company focused on securing mission-critical networks. Founded by post-quantum cryptographers, BTQ combines software and hardware to provide unique post-quantum services and solutions. With strategic partnerships in place, BTQ is advancing research in quantum algorithms to enhance security and efficiency. The recent incorporation of BTQ Technologies Australia Pty Ltd in Sydney solidifies the company's presence in the Australian quantum ecosystem. BTQ AU aims to contribute to the global quantum technology landscape and ensure quantum-safe security for digital networks while nurturing the next generation of quantum technology specialists through collaborations with leading universities.
BTQ Technologies Corp. (CBOE CA:BTQ, FSE:NG3, OTCQX:BTQQF), a global quantum technology company, will be presenting at the Planet MicroCap Showcase: VANCOUVER 2024 on September 25, 2024, at 4:30 PM PST. The event is in association with Small Cap Discoveries and will be held at the Fairmont Waterfront Vancouver.
Nicolas Roussy Newton, COO of BTQ, will host the presentation and answer questions. Investors can access the live webcast at https://www.webcaster4.com/Webcast/Page/3056/51097. The company will also participate in 1x1 meetings with investors, which can be booked through the event's registration page.
This showcase provides BTQ, focused on securing mission-critical networks, an opportunity to present its quantum technology solutions to potential investors and industry professionals.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) has expanded its leadership team with globally recognized experts in quantum computing, cryptography, and cybersecurity. Key appointments include:
- Jeffrey Morais as Head of Quantum Software
- Kohei Suenaga as Zero-Knowledge Cryptography Advisor
- Eylon Yogev as Post-Quantum Cryptography Advisor
- Deepesh Singh as Quantum Photonics Advisor
These additions align with BTQ's mission to address security challenges posed by large-scale universal quantum computers through advanced post-quantum technologies. CEO Olivier Roussy Newton expressed confidence that the new team members will strengthen BTQ's position in developing innovative post-quantum solutions.
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) 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. (BTQQF) and ID Quantique have signed a Memorandum of Understanding on July 19, 2024, to jointly develop an innovative authentication system. This collaboration aims to combine Quantum Random Number Generators (QRNG) and Post-Quantum Cryptography (PQC) technologies. ID Quantique is a pioneer in quantum cryptography and QRNG, while BTQ developed the PQC signature algorithm Preon, recognized by NIST. The partnership seeks to create a new market for authentication systems that address security challenges from both classical and quantum computers. This collaboration represents a significant step in advancing cybersecurity for mission-critical networks in the quantum era.
BTQ Technologies has expanded its global reach by establishing BTQ Technologies Australia Pty (BTQ AU), officially registered with ASIC on June 7, 2024.
BTQ AU will focus on advancing quantum algorithms to improve communication security and efficiency. The entity is strategically located in Sydney's Tech Central, leveraging the region's vibrant quantum ecosystem and collaborating with leading local experts.
BTQ AU is also committed to educational initiatives, partnering with Macquarie University and the Sydney Quantum Academy to offer PhD supervision and internships. This positions BTQ AU at the forefront of quantum research and development while fostering a strong talent pipeline.
The new entity aims to bridge BTQ's expertise in post-quantum cryptography with Australia's top quantum scientists, ensuring quantum-safe security for future digital networks.
BTQ Technologies Corp. (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) announced the filing of its audited interim financial statements for the period ending March 31, 2024. The filings, completed on June 7, 2024, include management's discussion and analysis and certifications. These documents are accessible on the company's SEDAR+ page. As a result of this filing, BTQ anticipates the revocation of the management cease trade order by relevant securities regulators.
BTQ Technologies has filed its audited annual financial statements for the fiscal year ending December 31, 2023, along with associated management's discussion, analysis, and certifications. The comprehensive filing also includes the annual information financial form. These documents were submitted on June 4, 2024, and are accessible on the company's SEDAR page.
On May 30, 2024, BTQ Technologies provided an update on the management cease trade order (MCTO) issued by the British Columbia Securities Commission on April 3, 2024, under National Policy 12-203. The MCTO was due to the company's anticipated inability to file its audited annual financial statements for the year ended December 31, 2023, by the required deadline.
The company plans to file these annual financial statements by June 3, 2024. Additionally, due to this delay, BTQ Technologies will also be unable to file its interim financial statements for Q1 2024 on time but expects to do so by June 10, 2024.
The company has stated there are no material changes since their last update and no insolvency proceedings. BTQ Technologies will continue to provide bi-weekly updates until the delays are resolved.
BTQ Technologies Corp, based in Vancouver, provides a bi-weekly status update on its management cease trade order (MCTO) issued by the British Columbia Securities Commission (BCSC) under National Policy 12-203. The company announced delays in filing its audited annual financial statements for the year ending December 31, 2023, and associated documents, now expected by June 3, 2024, instead of the initial May 24, 2024 deadline. Consequently, the interim financial statements for Q1 2024 are also delayed, anticipated to be filed by June 10, 2024. The company confirms no material changes or insolvency proceedings and will continue providing bi-weekly updates.
FAQ
What is the current stock price of BTQ TECHNOLOGIES (BTQQF)?
What is the market cap of BTQ TECHNOLOGIES (BTQQF)?
What is the core focus of BTQ Technologies Corp?
How was BTQ founded?
What recent achievement has BTQ announced?
What are some of BTQ's strategic partnerships?
How does BTQ contribute to the quantum technology landscape?
