QPerfect Powers the Commercial Launch of SDT's QuREKA™ Quantum Cloud at Quantum Korea 2026
Rhea-AI Summary
BTQ (Nasdaq: BTQ) announced the commercial launch of SDT's QuREKA™ hybrid quantum cloud platform at Quantum Korea 2026 in Seoul, July 2–4. QuREKA is powered by MIMIQ™, a quantum emulator from QPerfect, which BTQ expects to acquire, giving Korean researchers cloud access to large-scale quantum circuit design.
Positive
- Commercial launch of QuREKA hybrid quantum cloud at Quantum Korea 2026
- MIMIQ moves into paid, customer-facing service within QuREKA
- QPerfect expected to become wholly owned, expanding BTQ’s software portfolio
- Direct cloud channel created for Korean institutions to access MIMIQ
- BTQ deepens strategic quantum partnership with SDT in South Korea
- Participation in Korea–Canada quantum roundtable reinforces bilateral cooperation
Negative
- None.
Market reaction after QuREKA quantum cloud launch: BTQ -9.06% in the Jul 2 session
In the Jul 2 session, BTQ declined 9.06%, reflecting a notable negative market reaction. Argus tracked a trough of -6.4% from its starting point during tracking. Our momentum scanner triggered 31 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 01 | QPerfect acquisition terms | Positive | -1.7% | Final French FDI approval and full acquisition terms for QPerfect and MIMIQ. |
| Jun 23 | Advisor appointment | Positive | +32.2% | Appointment of U.S. strategic advisor to deepen post-quantum security engagement. |
| Jun 18 | ATM equity program | Negative | -21.8% | Launch of C$150 million at-the-market equity program with Cantor Fitzgerald. |
| May 18 | Corporate update | Neutral | -3.8% | Q1 2026 corporate update on progress across QCIM, QPerfect, QSSN and Bitcoin Quantum. |
| May 06 | Crypto security deal | Positive | +20.0% | Selection of QSSN as core PQC security for KRW stablecoin proof-of-concept. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news has often driven sizable moves, with most strategic announcements aligning directionally with the news tone except for a muted, negative reaction to the QPerfect acquisition approval.
Key Terms
quantum emulator technical
hybrid quantum cloud platform technical
qpu technical
superconducting nanowire single-photon detectors (sns pds) technical
pulse-tube cryocooler technical
fault-tolerant technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIMIQ™, the quantum emulator developed by QPerfect, which BTQ has received FDI approval to fully acquire, anchors the commercial debut of SDT's full-stack QuREKA platform as SDT showcases its quantum portfolio and global partner ecosystem at DDP Seoul, July 2 to 4
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 post-quantum technologies with leading regional partners. With SDT operating QuREKA in
"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, CEO 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
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 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, CEO 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
SDT will also exhibit a pulse-tube cryocooler (PTCC) responsible for pre-cooling 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 (
BTQ Strengthens Canada–Korea Quantum Cooperation
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
About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) 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 post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
About QPerfect
QPerfect is a French quantum computing company based in
About SDT Inc.
SDT Inc. 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. For more information, visit sdt.inc.
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities.
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: Quantum Korea 2026 and the presentations thereat, including the unveiling of QuREKA™; the content of SDT's presentations and exhibitions at Quantum Korea 2026, including Q-Talk by SDT; SDT's technologies and quantum portfolio and the availability, features, and expected benefits thereof; the commercial launch, availability, features, and expected benefits of the QuREKA™ platform; the capabilities, performance, and commercialization of MIMIQ™, QLU™, and QPerfect's technology; the integration of MIMIQ™ into QuREKA™ and the operation and maintenance of that service by SDT and QPerfect; the anticipated benefits to the Company of its acquisition of QPerfect; the anticipated benefits to the Company of MIMIQ™ and QuREKA™; the Company's quantum technology portfolio and MIMIQ™'s part therein; the Company's relationship, collaboration, and partnership with SDT and other partners in South Korea and elsewhere; expectations regarding customer interest, adoption, and the conversion of early-stage deployments into revenue; and the Company's, QPerfect's, and SDT's broader business plans and strategies. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan", "believe" or "may" and the variations of these words. The Company has made numerous assumptions, including among other things assumptions about general business and economic conditions and the development of 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 Company's ability to continue as a going concern; business and economic conditions in the quantum computing and post-quantum industries generally; the speculative nature of the Company's research and development programs; risks relating to the integration of QPerfect and the realization of anticipated benefits of the acquisition; risks that the acquisition of QPerfect may not be completed on the anticipated timeline or at all; risks that QuREKA™, MIMIQ™, or other products may not achieve commercialization on the timelines anticipated or at all; risks that pilot programs and early-stage commercial deployments may not convert to revenue-generating contracts; risks relating to competition in the quantum computing and post-quantum cryptography industries; risks relating to the Company's dependence on key partnerships in South Korea and other jurisdictions; the availability of financing for the Company; changes in laws and regulatory frameworks; the possibility that future results will not be consistent with the Company's expectations; increases in costs; and other risk factors as detailed from time to time. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this news release, and the Company does not undertake to update any forward-looking information or forward-looking statements, except in accordance with applicable securities laws. Other factors which could materially affect such forward-looking statements are described in the risk factors in the Company's most recent management's discussion and analysis and annual information form and the Company's other filings with securities regulators, which are available under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
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SOURCE BTQ Technologies Corp.