BTQ Technologies Provides Corporate Update Highlighting QSSN, QCIM Commercialization, and QPerfect Integration

Executive Summary

• BTQ Technologies announced multiple commercialization milestones across its three core pillars (QSSN, QCIM, QPerfect), including proof‑of‑concept pilots in Korea, a $15 M joint development agreement with ICTK, and the exercise of an option to acquire neutral‑atom firm QPerfect.
• The company highlighted regulatory recognition of its Quantum Secure Stablecoin Network by the U.S. Post‑Quantum Financial Infrastructure Framework and adoption of its Quantum Proof‑of‑Work (QPoW) by QuINSA as a global standards initiative.
• BTQ reported a cash balance of C$39.4 M, reaffirmed a multi‑year runway, and noted inclusion in the SamsungActive KoAct Global Quantum Computing ETF, enhancing market visibility.

Key Details

• Regulatory Landscape & Recognition
• NIST finalized first‑wave PQC standards (FIPS 203/204/205); NSA/CISA released CNSA 2.0 glidepath.
• BTQ’s Quantum Secure Stablecoin Network (QSSN) cited in the U.S. Post‑Quantum Financial Infrastructure Framework as a model for tokenized deposits and settlement.

• QuINSA adopted BTQ’s Quantum Proof‑of‑Work (QPoW) as its first consensus work item; BTQ chairs the QuINSA Quantum Communications Working Group.

• QSSN – Pilot Deployments

• Proof‑of‑concept with Danal (Korea mobile carrier billing provider) testing quantum‑secure settlement, issuer controls, and velocity limits on payment rails.

• Proof‑of‑concept with Finger Inc. Group (banking‑solutions developer) integrating PQC services into partial banking networks for high‑volume regulated settlements.

• Quantum‑Safe Bitcoin Demonstration

• Released “Bitcoin Quantum Core 0.2” showcasing end‑to‑end Bitcoin operations using NIST‑standardized ML‑DSA signatures.

• Planned next steps: public testnet, third‑party security audit, enterprise pilots, and mainnet migration tooling.

• QPoW Simulator Launch

• Publicly accessible simulator demonstrating a classically verifiable quantum‑native work function for blockchain consensus.

• Positions BTX to influence future standards for quantum‑secure digital money.

• PQC on Solana Partnership

• Collaboration with Bonsol Labs achieved first NIST‑standard PQC signature verification on Solana, preserving performance while enabling quantum‑safe on‑chain verification.

• QCIM – Hardware Acceleration & Secure Elements

• ICTK Joint Development & Investment Agreement: $15 M commitment to co‑develop QCIM secure‑element platform; targets up to 5× AES throughput, ~1 M signatures/sec, sub‑µJ energy per operation, and full FIPS 203/204/205 / CNSA 2.0 support.

• CASH Architecture: Post‑acquisition of Radical Semiconductor assets; delivers processing‑in‑memory cryptographic acceleration as IP, discrete co‑processor, and future chiplet configurations.

• QPerfect – Acquisition & Research Collaborations

• Exercised option to acquire QPerfect (Strasbourg‑based neutral‑atom company) bringing MIMIQ emulator and Quantum Logical Unit (QLU) middleware in‑house.
• Peer‑reviewed publication with Macquarie University on constant‑depth cavity‑mediated stabilizer checks for qLDPC codes, simplifying quantum error correction without qubit shuttling.

• Collaboration with University of Cambridge on inverse‑design quantum photonic devices; aims to produce high‑efficiency integrated components for secure communications and scalable processors.

• Capital Markets & Visibility

• Added to the SamsungActive KoAct Global Quantum Computing Active ETF, increasing exposure to APAC allocators.

• No immediate financing announced; universal shelf registration remains active for future strategic investments or M&A.

• Financial Overview

• Quarter‑end cash balance: C$39,389,812 (multi‑year runway).
• Shelf registration retained for flexibility; no specific issuance disclosed.

Notable Quotes

“Our mandate is to deploy quantum today, not tomorrow… By aligning with emerging standards and regulatory frameworks, we are positioning BTQ to protect the internet’s value while enabling customers to adopt quantum advantage as it becomes commercially relevant.” – Olivier Roussy Newton, CEO & Chairman

All forward‑looking statements are subject to risks and uncertainties detailed in the company’s full release.