Quantum and Supercomputing
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SuperQ Quantum Closes Brokered LIFE Financing of $3,450,000 Including Full Exercise of Agent's Option
Newsfile· 2025-10-21 17:17
Core Points - SuperQ Quantum Computing Inc. has successfully closed a financing round, raising a total of $3,450,000 through the issuance of 3,285,713 units at a price of $1.05 per unit, including the full exercise of the over-allotment option [1][2] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $1.40 for a period of thirty-six months [2] - The offering was led by Hampton Securities Limited, which received a 7% cash commission on the gross proceeds and broker warrants equivalent to 7% of the units issued [3] Use of Proceeds - The net proceeds from the offering will be utilized for quantum hardware development, including human resources, lab facilities, software, equipment, research, product development, and general working capital needs [4] Regulatory Information - The units were sold under specific Canadian securities regulations and are not subject to a hold period, while broker warrants are subject to a four-month and one-day hold period [5] Company Overview - SuperQ Quantum Computing Inc. aims to lead in quantum and supercomputing solutions, targeting enterprise transformation and providing direct ROI for global organizations [6][7] - The company's flagship Super™ platform is designed to make advanced computational power accessible, enabling various sectors to address complex challenges effectively [7]
SuperQ Quantum Receives Federal Government Funding to Hire Talent; Appoints Seasoned Innovation Leader as VP of Global Ecosystems
Thenewswire· 2025-10-06 12:00
Calgary, Canada – TheNewswire - October 6, 2025 - SuperQ Quantum Computing Inc. (“SuperQ Quantum”, “SuperQ”, or the “Company”) (CSE: QBTQ; Frankfurt: 25X; OTCQB: QBTQF), a global leader in quantum and supercomputing, is pleased to welcome Renae Barlow as Vice President, Global Ecosystems. Ms. Barlow will lead the expansion of SuperQ’s quantum Super™ Network around the world, in addition to growing relationships with government entities and funding bodies, and manage the Company's strategic partnerships. Sup ...
SuperQ Quantum Partners with ArcTech Accelerate for Defence and Strategic Procurement Pathways in Canada
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]