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BTQ Technologies Corp
Symbol BTQ
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Close 2026-03-09 C$ 4.22
Market Cap C$ 583,772,350
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BTQ receives Aust. gov't support for quantum chip

2026-03-09 19:51 ET - News Release

Mr. Olivier Roussy Newton reports

BTQ TECHNOLOGIES AWARDED AUSTRALIAN GOVERNMENT INDUSTRY GROWTH PROGRAM SUPPORT TO ACCELERATE QCIM COMMERCIALIZATION

BTQ Technologies Corp. has been awarded support through the Australian government's industry growth program advisory service to accelerate the commercialization of its quantum compute-in-memory chip, a next-generation silicon platform designed to enable secure, scalable cryptographic computation for the postquantum era.

The industry growth program advisory service supports high-potential companies developing innovative technologies aligned with national capability priorities. BTQ's selection recognizes QCIM as a critical hardware platform for enabling postquantum security across defence, financial services, telecommunications and critical infrastructure.

QCIM is a crypto-agile secure element designed to deliver classical and postquantum cryptography directly in silicon. The platform enables high-throughput, low-power encryption and digital signatures while remaining adaptable to evolving global postquantum cryptography standards. By embedding quantum-resilient security at the hardware layer, QCIM reduces long-term migration risk for organizations preparing for the transition to a postquantum world.

Through the industry growth program advisory service, BTQ will receive strategic commercialization guidance to advance QCIM from a validated test chip to a production-ready platform. This includes refining go-to-market pathways, identifying priority defence and mission-critical sectors, supporting pilot deployments, and aligning QCIM with Australian national security and sovereign capability objectives.

BTQ's participation in the industry growth program advisory service complements other QCIM commercialization pathways already under way. BTQ is collaborating with the Industrial Technology Research Institute, a world-leading applied research and development organization founded in 1973 that has helped transform Taiwan's industries into innovation-driven sectors and has incubated hundreds of start-ups and spinoffs, including UMC and TSMC. Through this collaboration, BTQ and ITRI will build and test QCIM in silicon, advancing the program into a key validation stage by measuring performance characteristics such as speed and power consumption and producing benchmark results to guide product development, integration and deployment planning. This validation work complements BTQ's previously announced work with ICTK, which is focused on developing a fully integrated, commercially deployable postquantum chip set, and progressing it toward real-world validation and deployment.

BTQ is advancing QCIM as a 28-nanometre secure element implementation. The platform is designed to support NIST-standard postquantum algorithms alongside classical cryptography within a single hardened architecture, enabling performance improvements, reduced power consumption and simplified system integration compared with traditional multicomponent security chips.

The commercialization of QCIM will provide a foundational hardware layer for postquantum-ready systems, including secure communications, authentication and data protection in environments where long-term security assurance is critical. Initial deployment targets include defence systems, payment and financial infrastructure, telecom networks, industrial Internet of Things, and secure computing platforms.

"Being selected for the Australian government's industry growth program advisory service is an important step in scaling QCIM from a validated test chip into a production-ready secure element," said Olivier Roussy Newton, chief executive officer of BTQ Technologies. "Working directly with government partners helps ensure our commercialization road map is aligned with Australia's national defence and security priorities, and allows us to focus QCIM development on the mission-critical requirements where quantum-resilient security is most urgent. Combined with our silicon validation work with ITRI and our integration pathway with ICTK, we are advancing QCIM toward real-world deployment and large-scale procurement."

Participation in the industry growth program advisory service strengthens BTQ's ability to deliver QCIM as a deployable and certifiable secure element for large-scale procurement while supporting Australia's objectives to build sovereign capability in advanced semiconductors, cryptography and quantum-ready technologies.

About BTQ Technologies Corp.

BTQ Technologies is a vertically integrated quantum company accelerating the transition from classical networks to the quantum Internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware and postquantum security solutions for finance, telecommunications, logistics, life sciences and defence.

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