Company Description
BTQ Technologies Corp. (OTCQX: BTQQF) is described in company communications as a global quantum technology company focused on securing mission-critical networks. The company’s shares are listed on Cboe Canada under the symbol BTQ and on the Frankfurt Stock Exchange under the symbol NG3, and are quoted on the OTCQX market under the symbol BTQQF. According to multiple news releases, BTQ positions itself as a vertically integrated quantum company working to accelerate the transition from classical networks to what it calls the quantum internet.
BTQ states that it is backed by a broad patent portfolio and that it has pioneered what it describes as the industry’s first commercially significant quantum advantage. Company disclosures further explain that BTQ is developing and delivering a full-stack, neutral-atom quantum computing platform. This platform is described as including end-to-end hardware, middleware, and post-quantum security solutions aimed at sectors such as finance, telecommunications, logistics, life sciences, and defense.
Business focus and technology areas
Across its public announcements, BTQ emphasizes a focus on post-quantum security and quantum-safe infrastructure. The company highlights work on post-quantum cryptography, quantum-secure communications, and consensus mechanisms that are intended to remain secure in the presence of quantum computers. BTQ’s communications describe its role as accelerating the move from traditional cryptographic and networking approaches toward architectures that can withstand quantum-era threats.
BTQ has announced research and development efforts around a neutral-atom quantum computing platform, which it presents as part of its full-stack offering. The company also points to work on post-quantum security solutions, including technologies for digital assets, tokenized deposits, and blockchain consensus, as examples of how its quantum and cryptographic research is intended to be applied.
Selected platforms and initiatives described by BTQ
In its news releases, BTQ has outlined several named initiatives that illustrate its stated business direction:
- Quantum Proof-of-Work (QPoW) Simulator: BTQ announced a Quantum Proof-of-Work Simulator described as a publicly accessible platform demonstrating a quantum-native mining algorithm that remains verifiable on classical hardware. Company materials state that QPoW is intended as a post-quantum secure alternative to legacy proof-of-work systems and that it has been adopted as the first consensus work-item by the Quantum Industrial Standard Association (QuINSA).
- Léonne consensus framework: BTQ introduced Léonne as a blockchain consensus framework built on advanced mathematical structures and quantum-enhanced security. According to the company, Léonne is designed to address trade-offs between scalability, security, and decentralization and to integrate quantum-resistant cryptography into a modular, production-oriented system.
- Quantum Stablecoin Settlement Network (QSSN): BTQ has described its Quantum Secure Stablecoin Network as a quantum-secure control layer for stablecoins and tokenized deposits. Company disclosures state that QSSN is intended to protect privileged issuer functions using post-quantum signatures while maintaining existing user workflows. BTQ also reports that QSSN has been approved as a global standard initiative within QuINSA and cited in the U.S. Post-Quantum Financial Infrastructure Framework as an inspiration for pilot programs focused on quantum-secure tokenized deposits.
- Quantum-secure custody treasury initiative: BTQ announced a collaboration with QBits to develop what it calls a quantum-secure custody treasury infrastructure for Bitcoin, Ethereum, and other digital assets. The initiative is described as leveraging the Quantum Canary Network as a public testnet and development roadmap for post-quantum blockchain security, and as using BTQ’s proprietary Cryptographically Agile Secure Hardware (CASH) architecture.
Research, standards, and collaborations
BTQ’s public communications highlight a combination of internal research and external collaborations. The company has reported a peer-reviewed research result with Macquarie University, published in Physical Review Research, describing a method for performing quantum error correction on certain quantum error-correcting codes using a shared cavity to link qubits. According to BTQ, this approach aims to simplify control and scaling for systems such as neutral-atom quantum computers.
BTQ also notes its involvement in standards-related work through QuINSA, where its technologies such as QPoW and QSSN are described as work-items or global standard initiatives progressing toward submissions to organizations including ITU, ISO, ETSI, and IEEE. Company statements present this standards activity as part of a broader effort to align quantum-secure technologies with emerging regulatory and technical frameworks in regions such as the United States, the European Union, and Korea.
Capital markets and listings
BTQ’s shares trade on multiple venues. Company announcements state that BTQ is listed on Cboe Canada under the symbol BTQ, on the Frankfurt Stock Exchange under the symbol NG3, and quoted on the OTCQX market under the symbol BTQQF. BTQ has also disclosed that it filed a Form 40-F registration statement with the U.S. Securities and Exchange Commission in connection with an application to list its common shares on Nasdaq, and later announced that it received approval to list on the Nasdaq Global Market, with trading expected to commence under the symbol BTQ, subject to applicable listing and regulatory requirements.
According to BTQ’s news releases, upon commencement of trading on Nasdaq, the company expects its common shares to cease being quoted on the OTCQX, while continuing to trade on Cboe Canada and the Frankfurt exchange. These capital markets developments are presented by the company as part of its effort to broaden access to its shares for investors.
Corporate governance and shareholder information
BTQ has reported the results of its annual general meeting of shareholders, including the election of directors, the setting of the number of directors, and the appointment of auditors. The company has indicated that detailed voting results and related materials are made available through regulatory disclosure systems such as SEDAR+ and through its own investor materials. These communications provide shareholders with information on board composition and auditor appointments, as well as the level of shareholder participation in the meeting.
Industry context as described by the company
In its own descriptions, BTQ situates its activities at the intersection of quantum computing, post-quantum cryptography, and digital asset infrastructure. The company’s announcements refer to applications in areas such as secure communications, advanced cryptography, stablecoins, tokenized deposits, and blockchain consensus. BTQ presents its technologies as intended to help address emerging concerns about the impact of future quantum computers on existing cryptographic systems, particularly in financial and other mission-critical networks.
Overall, based on the company’s public statements and regulatory filings, BTQ Technologies Corp. describes itself as a quantum-focused technology issuer developing a combination of hardware, software, and cryptographic solutions, with an emphasis on post-quantum security and quantum-enabled infrastructure for sectors that rely on secure, high-value digital transactions.