18:08:28 EDT Thu 02 Jul 2026
Enter Symbol
or Name
USA
CA



BTQ Technologies Corp
Symbol BTQ
Shares Issued 138,334,680
Close 2026-07-02 C$ 7.02
Market Cap C$ 971,109,454
Recent Sedar+ Documents

BTQ partner launches QuREKA quantum cloud platform

2026-07-02 16:35 ET - News Release

Mr. Olivier Roussy Newton reports

QPERFECT POWERS THE COMMERCIAL LAUNCH OF SDT'S QUREKA QUANTUM CLOUD AT QUANTUM KOREA 2026

The commercial version of QuREKA, the hybrid quantum cloud platform operated by its strategic partner SDT Inc., will be unveiled at Quantum Korea 2026, taking place July 2 to July 4 at the Dongdaemun Design Plaza (DDP) in Seoul. At the core of the commercial platform is Mimiq, the high performance quantum emulator developed by QPerfect SAS, the French quantum software company that is expected to become a wholly owned subsidiary of BTQ following the completion of BTQ Technologies Corp.'s previously announced acquisition, which remains subject to customary closing conditions.

The commercial release marks an important milestone for BTQ. Mimiq is expected to become part of BTQ's trusted quantum technology portfolio upon the close of the company's previously announced acquisition of QPerfect, and its deployment as a paid, customer-facing service inside QuREKA represents one of the first commercial channels for that technology. The launch also aligns with BTQ's strategy of pairing quantum-software and postquantum technologies with leading regional partners. With SDT operating QuREKA in South Korea, one of BTQ's most important partnership markets, the platform creates a direct cloud-based channel for Korean research institutions and enterprises to access Mimiq.

"QuREKA's commercial launch is exactly the kind of marquee milestone we had in mind as we pursued the acquisition of QPerfect," said Olivier Roussy Newton, chief executive officer and chairman of BTQ. "Mimiq is now doing real commercial work inside a full-stack quantum platform in one of the world's most advanced quantum markets. Through SDT's cloud, Korean researchers and enterprises will have direct access to QPerfect's technology, and upon closing of the acquisition, this is expected to represent an important commercial channel for BTQ's quantum software portfolio. It also deepens a partnership that sits at the center of our strategy in South Korea."

QuREKA goes commercial, powered by QPerfect's Mimiq

QuREKA is SDT's hybrid quantum cloud platform, bringing CPU, GPU and QPU resources together in a single environment so that users can build, test, and run quantum algorithms across classical and quantum hardware through the cloud. Mimiq, first integrated into QuREKA earlier this year, allows users to design and validate circuits at scales of up to thousands of qubits, well beyond the reach of today's physical hardware. That headroom helps research teams and enterprises accelerate quantum R&D (research and development) and prepare workflows for next-generation processors.

With the commercial release, Mimiq moves from an early access integration to a fully commercialized service within QuREKA. SDT operates and commercializes the customer-facing platform, while QPerfect provides and maintains the Mimiq back end. For BTQ, the launch is expected, upon closing of the acquisition, to convert a core QPerfect capability into a live commercial offering and positions QuREKA as an operating layer through which organizations can access, deploy and scale quantum computing, wherever the underlying hardware resides.

"This event brings together, in one place, the manufacturing capability we have built, the supply chain we have stabilized and the global partnerships we have cultivated," said Jiwon Yune, chief executive officer of SDT. "By combining in-house manufacturing with a strong network of allied partners, including QPerfect and BTQ, we intend to establish ourselves as a true full-stack player in the global quantum industry."

SDT's full-stack showcase at Quantum Korea 2026

Alongside the QuREKA launch, SDT will present its broader quantum portfolio, anchored by its proprietary quantum design and manufacturing (QDM) capability. According to SDT, the exhibition will introduce a new 4 K cryogenic system, following last year's CryoRack, the first 10 mK class cryogenic refrigerator manufactured in Korea. The new platform is engineered to serve as core infrastructure for chip-based ion traps, neutral-atom QPUs, superconducting nanowire single-photon detectors (SNSPDs), quantum communication, device characterization and quantum sensing. SDT says it has designed the platform to be compact and cost-efficient, and reports significant inbound interest ahead of the exhibition.

SDT will also exhibit a pulse-tube cryocooler (PTCC) responsible for precooling at the 4 K stage, which SDT says reflects a newly restructured strategic partnership with a leading global PTCC supplier, with an official announcement expected in the near future. In parallel, SDT will debut a next-generation precision control system for the fault-tolerant era. This high-density microwave generation system is designed, according to SDT, to control and measure hundreds of qubits simultaneously and to support future integration with Nvidia's NVQLink. SDT will also show a laser-frequency and optical-path feedback control system for neutral-atom quantum computers operating with more than 1,000 atoms.

Q-Talk by SDT: global partners on the booth stage

At the heart of SDT's booth programming is Q-Talk by SDT, a series of curated on-stage conversations bringing together SDT's global industry partners and leading Korean academics. Confirmed industry participants include IonQ, Nvidia and QuantWare. The academic program features Prof. Dohun Kim (Seoul National University), Prof. Eunmi Chae (Korea University) and Prof. Changhyup Lee (Hanyang University), each of whom will speak to the evolving role of collaboration between industry and academia in quantum technology.

BTQ strengthens Canada-Korea quantum co-operation

BTQ's presence at Quantum Korea 2026 follows its participation in the Korea-Canada Roundtable, held July 1 at the Dongdaemun Design Plaza as part of the official program. Organized by the K-Quantum International Cooperation Office (K-QICO), the roundtable convened government and industry experts from both countries to build a lasting framework for cooperation between their quantum ecosystems. BTQ attended as a member of the Canadian quantum industry delegation organized by Global Affairs Canada under Canada's National Quantum Strategy and reinforcing the bilateral ties that underpin the company's commercial strategy in South Korea, including its partnership with SDT.

About BTQ Technologies Corp.

BTQ Technologies is a quantum technology company focused on accelerating the transition from classical networks to the quantum Internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is developing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware and postquantum security solutions for finance, telecommunications, logistics, life sciences and defense.

About QPerfect SAS

QPerfect is a French quantum computing company based in Strasbourg, France, led by a team of scientists and engineers recognized for their pioneering work in neutral atom physics, quantum optics and quantum software engineering, and specializing in quantum computing and quantum design automation. Founded in 2023, the deep-tech company has received the i-Lab Grand Prix and provides powerful technology to enable researchers, developers and manufacturers to realize the full potential of quantum computers. At the core of QPerfect's innovation is the quantum logical unit (QLU), a multilayered framework designed to accelerate quantum development. Its flagship product, Mimiq, forms the first layer of the QLU and offers a cutting-edge platform that executes quantum algorithms with speed, accuracy and flexibility designed to advance the capabilities of existing simulators and current quantum computers. QPerfect is expected to become a wholly owned subsidiary of BTQ following the completion of BTQ's previously announced acquisition.

About SDT Inc.

SDT is a Korean quantum technology company specializing in full-stack quantum design and manufacturing (QDM). Headquartered in Seoul, SDT develops cryogenic systems, quantum control electronics and integrated quantum computing platforms in collaboration with leading global partners. The company also operates QuREKA, a hybrid quantum cloud platform that integrates CPU, GPU and QPU resources.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.