Insider Brief
BTQ Technologies has received French regulatory approval to complete its acquisition of quantum software company QPerfect, subject to commitments protecting the company’s operations, R&D, and intellectual property in France.
The acquisition adds QPerfect‘s quantum emulation, digital twin, and quantum control technologies to BTQ‘s portfolio, supporting development of quantum-ready infrastructure and secure communications.
BTQ said the acquisition also establishes Strasbourg as a European R&D hub, strengthening its capabilities in quantum software, neutral-atom computing, and research collaborations.
Press release – 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.
