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SuperQ Quantum Partners with ArcTech Accelerate for Defence and Strategic Procurement Pathways in Canada
QuantumQuantum(US:QMCO) Thenewswire·2025-08-28 12:00

Core Insights - SuperQ Quantum Computing Inc. has entered a strategic partnership with ArcTech Accelerate to enhance its position in Canada's defence and government procurement markets [1][3][5] - The collaboration will leverage ArcTech's expertise in federal procurement and its successful track record in helping Canadian SMEs secure over $100 million in funding and contract opportunities [4][7] - The partnership aims to integrate SuperQ's quantum computing capabilities into national defence programs, thereby accelerating its access to defence-related contracts and government revenue streams [6][8] Company Overview - SuperQ Quantum Computing Inc. is a leader in quantum and supercomputing, focusing on providing advanced computational solutions to global organizations [10][11] - The company's flagship Super™ platform aims to make quantum computing accessible and impactful for various sectors, including finance, healthcare, and defense [11] - SuperQ is strategically expanding its presence internationally, particularly in the US, Middle East, and Asia [11] Partnership Details - The partnership will be led by Daniel Martimbeault from ArcTech, who has extensive experience in Canada's defence procurement ecosystem [2][5] - ArcTech has a history of enabling Canadian companies to engage with Tier-1 prime contractors, facilitating long-term supplier roles and growth opportunities [5][7] - The collaboration is expected to enhance SuperQ's credibility and access to prime contractors and federal agencies, positioning it as a trusted partner in national programs [5][6] Financial Arrangement - SuperQ has reached an agreement to settle outstanding debt of $165,375 through the issuance of 137,812 common shares at a price of $1.20 per share [8]