- BTQ Global Expansion:
BTQ Technologies Corp. has successfully incorporated and registered its Australian entity,BTQ Technologies Australia Pty Ltd (BTQ AU), with theAustralian Securities and Investments Commission (ASIC) as ofJune 7, 2024 . - Strategic Focus: BTQ AU aims to advance research in quantum algorithms to enhance communication security and efficiency, leveraging
Sydney's robust quantum ecosystem and collaborating with leading local quantum computer scientists. - Educational and Collaborative Commitment: BTQ AU is dedicated to nurturing future quantum technology specialists through partnerships with
Macquarie University and theSydney Quantum Academy , providing supervision and internships for PhD students, and participating in the Australian Quantum Software Network.
With a strong foundation and strategic partnerships in place, BTQ AU plans to advance its research and development efforts in quantum algorithms to enhance the security and efficiency of communications. Located in
BTQ AU is not only focusing on technological advancements but also on nurturing the next generation of quantum technology specialists. Through its partnerships with
"
"The incorporation of BTQ Australia, located in
BTQ was founded by a group of post-quantum cryptography with an interest in addressing the urgent security threat posed by large-scale universal quantum computers. With the support of leading research institutes and universities, BTQ is combining software and hardware to safeguard critical networks using unique post-quantum services and solutions.
Connect with BTQ: Website | LinkedIn
ON BEHALF OF THE BOARD OF DIRECTORS
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
View original content to download multimedia:https://www.prnewswire.com/news-releases/btq-technologies-expands-global-footprint-with-new-australian-entity-btq-au-302173970.html
SOURCE
© Canada Newswire, source