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M&A / Property

BTQ Announces QPerfect and SDT Launch MIMIQ(TM)-Powered Quantum Emulation Service on QUREKA(TM)

By The Northwire Desk — AI Analysis Feb 24, 2026 · 07:30 BTQ · 3.26 BTQ TECHNOLOGIES CORP.
BTQ · Price

Executive Summary

  • BTQ Technologies announced a strategic collaboration between its 16.67%‑owned subsidiary QPerfect and South Korean quantum firm SDT to integrate QPerfect’s MIMIQ™ virtual quantum computer into SDT’s QUREKA™ hybrid platform, creating a new cloud‑based quantum emulation service now live as of February 1, 2026.
  • The service enables users to design, test, and validate large‑scale quantum algorithms (thousands of qubits, millions of gates) beyond the limits of current hardware, targeting research institutions, industrial R&D teams, and enterprise innovation programs.
  • BTQ’s pending full acquisition of QPerfect remains subject to customary closing conditions, including French FDI approval.

Key Details

  • Partnership Structure – SDT will commercialize and operate the customer‑facing service within QUREKA™, while QPerfect supplies and maintains the MIMIQ™ back‑end in a secure European cloud environment.
  • Service Availability – The integrated quantum emulation offering has been live since February 1, 2026 following integration, security validation, and training phases.
  • Technical Capability – MIMIQ™ leverages state‑vector and Matrix Product State (MPS) simulation methods to emulate circuits with up to thousands of qubits and millions of gates, far exceeding current physical quantum hardware limits.
  • Target Users – Academic researchers, industrial R&D teams, and enterprise innovation programs seeking to develop, test, and optimize algorithms before deployment on physical QPUs.
  • Market Context – Global quantum simulation platforms market valued at USD 885 million in 2025; projected to reach USD 3.8 billion by 2035 (15.7% CAGR). Asia‑Pacific accounts for ~25.6% of global quantum computing revenue (2024); Korean market estimated at USD 100 million in 2024, forecast to reach USD 800 million by 2033 (28.1% CAGR).
  • BTQ Ownership – BTQ holds a 16.67% equity stake in QPerfect and intends to acquire the remaining shares pending closing conditions.
  • Executive Comments – CEOs of QPerfect, SDT, and BTQ highlighted how the integration accelerates quantum R&D, expands computational capabilities, and aligns with long‑term fault‑tolerant quantum strategies.

Notable Quotes

“This collaboration with SDT demonstrates how scalable quantum emulation can accelerate global quantum R&D.” – Philippe Blot, CEO, QPerfect

“Integrating MIMIQ™ significantly expands the computational capabilities available through QUREKA™.” – Jiwon Yune, CEO, SDT

“This agreement reinforces BTQ's strategy of building and scaling foundational software infrastructure… expanding access to large‑scale quantum development workflows today.” – Olivier Roussy Newton, CEO & Chairman, BTQ Technologies

Read the original news release →

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