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BTQ Exercises Option to Acquire QPerfect, a Leading Neutral Atom Computing Company, Strengthening BTQ as a Fully Integrated Quantum Company
Prnewswireยท 2025-11-11 12:30
Core Insights - BTQ Technologies Corp has made a strategic investment of approximately 2 million Euros for a minority stake in Qperfect SA and has exercised its option to acquire all outstanding securities of QPerfect, marking a significant step towards building an integrated quantum technology platform [1][2][3] - The acquisition positions BTQ as a fully integrated quantum technology company, expanding its capabilities from post-quantum security to encompass quantum cryptography and computing [2][3][7] - The combined entity aims to leverage QPerfect's advanced quantum emulator, MIMIQ, and Quantum Logical Unit (QLU) to address critical bottlenecks in quantum technology, enhancing the design and deployment of quantum-secure applications [3][4][5] Investment and Acquisition Details - The acquisition is expected to close by the end of 2025, pending foreign direct investment approval by French authorities and stock exchange approval [1] - QPerfect is recognized as a leading neutral atom quantum computing company based in Strasbourg, France, and the acquisition will consolidate BTQ's position in the European quantum ecosystem [2][3][18] Technological Advancements - QPerfect's MIMIQ emulator allows for high-speed design and testing of quantum programs, while the Quantum Logical Unit provides stability and scalability for quantum systems [3][4] - The integration of these technologies into BTQ's cryptographic platform will accelerate the rollout of post-quantum security solutions across various sectors, including finance and communications [3][4][6] Research and Development Focus - BTQ will establish its European research and development hub in Strasbourg, collaborating with leading universities and national programs to advance quantum technology [8][9] - Early milestones include demonstrating the Quantum Logical Unit on local neutral atom hardware and piloting quantum-safe digital signatures [8][11] Competitive Positioning - The acquisition positions BTQ as Europe's leading software-driven developer of neutral atom architectures, focusing on the software and control layers that enhance the practicality and interoperability of quantum systems [7][8] - BTQ's strategy emphasizes the integration of advanced error correction and simulation with its leadership in post-quantum cryptography, creating a comprehensive pathway from secure communications to scalable quantum computing [7][8] Intellectual Property and Commercial Model - The combination of BTQ and QPerfect creates a consolidated portfolio of European patents and registered software, enabling scalable and fault-tolerant quantum systems [3][17] - QPerfect's licensing model and active research agreements with institutional and industrial partners reinforce commercial traction and support recurring software licensing [5][6]