Business
BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect, Advancing Its Mission of Building Trusted Quantum Technologies With World-Class Emulation, Digital Twin, and Control Capabilities
BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect, Advancing Its Mission ...
About this update from Btq Technologies Corp.
BTQ Technologies Receives Final Approval for Full Acquisition of QPerfect, Advancing Its Mission of Building Trusted Quantum Technologies With World-Class Emulation, Digital Twin, and Control Capabilities /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prntac{ TEXT-ALIGN: CENTER } Canada NewsWire This news release constitutes a "designated news release" for the purposes of BTQ's prospectus supplement dated June 18, 2026, to its short form base shelf prospectus dated April 29, 2025, as amended on September 22, 2025.Acquisition adds QPerfect's MIMIQ™ quantum emulator, Digital Twin capabilities, and Quantum Logical Unit to BTQ's expanding technology stack, advancing its mission of Building Trusted Quantum Technologies.VANCOUVER, BC, July 1, 2026 /CNW/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that it has received regulatory approval from the French Foreign Direct Investment ("FDI") authorities for its previously announced acquisition (the "Acquisition") of the remaining ordinary shares of QPerfect SAS ("QPerfect"), a French quantum computing company based in Strasbourg, France, specializing in quantum software, emulation, digital twin capabilities, and control systems. The FDI clearance has been delivered subject to precise and detailed commitments imposed by the French Ministry for the Economy and Finance. In particular, these conditions require the maintenance of QPerfect's registered office in France, the appointment of a French corporate officer, the continuity of R&D activities, and the protection of intellectual property. These commitments reflect the will to preserve QPerfect's technological assets and strategic know-how in a sector that is critical to the technological sovereignty of France and Europe, and closely align with the objectives of BTQ.QPerfect is led by a team of scientists and engineers who have spent years advancing the frontier of neutral atom physics, quantum optics, quantum software engineering, and quantum system design. Founded in 2023, the company is rec...
View stock analysis, news, and events for Btq Technologies Corp.