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BTQ Announces QPerfect and SDT Launch MIMIQ™-Powered Quantum Emulation Service on QUREKA™
Prnewswire· 2026-02-24 12:30
Core Insights - BTQ Technologies Corp. has announced a strategic collaboration with QPerfect and SDT to launch a cloud-based quantum emulation service powered by MIMIQ, aimed at enhancing quantum R&D capabilities for research institutions and enterprises [1] Group 1: Service Launch and Features - The new quantum emulation service, available since February 1, 2026, allows users to design, test, and validate quantum algorithms beyond current hardware limits [1] - MIMIQ enables the emulation of quantum circuits with thousands of qubits and millions of gates, facilitating scalable quantum development [1] - The service is designed to support both academic and industrial users, accelerating research and enterprise quantum adoption [1] Group 2: Strategic Partnerships - QPerfect holds a 16.67% interest in QPerfect and plans to acquire full ownership, enhancing its position in the quantum technology sector [1] - SDT, a partner of GS Group and LG Electronics, integrates MIMIQ into its QUREKA platform, expanding its computational capabilities [1] - The collaboration aims to strengthen the infrastructure for large-scale hybrid quantum development [1] Group 3: Market Potential - The global quantum simulation platforms market is projected to grow from USD 885 million in 2025 to USD 3.8 billion by 2035, with a CAGR of 15.7% [1] - In South Korea, the quantum simulation market is estimated at USD 100 million in 2024, expected to reach USD 800 million by 2033, indicating a CAGR of 28.1% [1]