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BTQ Technologies Corp. Partners with the Australian Quantum Software Network to Advance Quantum Computing and Security

April 1, 2024

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VANCOUVER, BC, April 1, 2024 /CNW/ – BTQ Applied sciences Inc. (the “Firm” or “BTQ“) (Cboe CA: BTQ) (FSE: NG3) (OTCQX: BTQQF), a world quantum know-how firm centered on securing mission crucial networks, is happy to announce its partnership with the newly included Australian Quantum Software Network (AQSN), a not-for-profit group devoted to pioneering developments in quantum software program improvement in Australia.

BTQ Emblem (CNW Group/BTQ Applied sciences Corp.)

As a companion group, BTQ Applied sciences is collaborating with AQSN to develop open-source quantum computing software program, together with quantum compilers and useful resource estimators. These instruments are important for the development of quantum functions, significantly within the areas of quantum error correction, overlapping with BTQ’s current undertaking QByte, and algorithms for quantum enhanced communications.

Dr. Gavin Brennen, BTQ’s Quantum Data Advisor, has been appointed as co-director of the AQSN, alongside Affiliate Professor Simon Devitt from the College of Know-how Sydney (UTS) and Professor Jingbo Wang from the College of Western Australia (UWA). This management trio is about to information the AQSN in direction of turning into a pivotal entity within the international quantum panorama.

About Australian Quantum Software program Community

The Australian Quantum Software program Community (AQSN) hyperlinks collectively researchers from universities, authorities, start-ups and firms who’re all on the forefront of analysis into quantum software program and data. AQSN represents one of many largest collections of consultants and know-how pioneers on the earth pushing ahead the elemental concept and software program instruments that may underpin the quantum financial system of the twenty first century. For extra info please go to https://www.quantumsoftware.org.au/

About BTQ

BTQ was based by a gaggle of post-quantum cryptographers with an curiosity in addressing the pressing safety risk posed by large-scale common quantum computer systems. With the help of main analysis institutes and universities, BTQ is combining software program and {hardware} to safeguard crucial networks utilizing distinctive post-quantum companies and options.

Join with BTQ: Website | LinkedIn

ON BEHALF OF THE BOARD OF DIRECTORS

Olivier Roussy Newton
CEO, Chairman

Neither the NEO nor its Regulation Providers Supplier accepts duty for the adequacy or accuracy of this launch.

This information launch doesn’t represent a proposal to promote or a solicitation of a proposal to purchase nor shall there be any sale of any of the securities in any jurisdiction by which such supply, solicitation or sale could be illegal, together with any of the securities in the US of America. The securities haven’t been and won’t be registered beneath the US Securities Act of 1933, as amended (the “1933 Act“) or any state securities legal guidelines and will not be provided or bought inside the US or to, or for account or advantage of, U.S. Individuals (as outlined in Regulation S beneath the 1933 Act) until registered beneath the 1933 Act and relevant state securities legal guidelines, or an exemption from such registration necessities is obtainable.

Ahead Trying Data

Sure statements herein comprise forward-looking statements and forward-looking info inside the which means of relevant securities legal guidelines. Such forward-looking statements or info embody however should not restricted to statements or info with respect to the enterprise plans of the Firm, together with with respect to its analysis partnerships, and anticipated markets by which the Firm could also be itemizing its widespread shares. Ahead-looking statements or info typically will be recognized by means of phrases akin to “anticipate”, “intend”, “anticipate”, “plan” or “could” and the variations of those phrases are meant to establish forward-looking statements and data.

The Firm has made quite a few assumptions together with amongst different issues, assumptions about common enterprise and financial situations, the event of post-quantum algorithms and quantum vulnerabilities, and the quantum computing business usually. The foregoing checklist of assumptions will not be exhaustive.

Though administration of the Firm believes that the assumptions made and the expectations represented by such statements or info are affordable, there will be no assurance that forward-looking statements or info herein will show to be correct. Ahead-looking statements and data are based mostly on assumptions and contain recognized and unknown dangers which can trigger precise outcomes to be materially completely different from any future outcomes, expressed or implied, by such forward-looking statements or info. These components embody dangers referring to: the supply of financing for the Firm; enterprise and financial situations within the post-quantum and encryption computing industries usually; the speculative nature of the Firm’s analysis and improvement packages; the provision and demand for labour and technological post-quantum and encryption know-how; unanticipated occasions associated to regulatory and licensing issues and environmental issues; modifications normally financial situations or situations within the monetary markets; modifications in legal guidelines (together with laws respecting blockchains); dangers associated to the direct and oblique influence of COVID-19 together with, however not restricted to, its influence on common financial situations, the power to acquire financing as required, and inflicting potential delays to analysis and improvement actions; and different threat components as detailed on occasion. The Firm doesn’t undertake to replace any forward-looking info, besides in accordance with relevant securities legal guidelines.