BTQ Technologies Corp. (BTQ) SEC Filings

BTQ Technologies Corp. provided a Q2 2026 corporate update describing continued transition from technology validation toward commercial execution across its Building Trusted Quantum strategy. The company completed the acquisition of QPerfect, integrating quantum emulation, Digital Twin, and Quantum Logic Unit capabilities into its Quantum Accelerated Networks layer and reported a commercial pipeline of about 16 organizations across five countries.

Within Blockchain Networks, QSSN progressed from proof-of-concept toward production deployment, including selection as a core post-quantum technology provider for a South Korean bank-led KRW stablecoin initiative and surpassing 100,000 mainnet transactions, while Bitcoin Quantum completed an internal protocol security audit, commenced an external audit, readied mining infrastructure for mainnet, and is targeted for a late 2026 launch.

In Silicon Networks, QCIM advanced toward productization, with FPGA IP approaching beta release, ASIC IP and standalone chips targeted for Q1 2027 and Q2–Q4 2027 milestones, and new platform security leadership added. BTQ ended Q2 2026 with C$9,729,250 cash and maintains a base shelf prospectus to preserve financing flexibility while focusing on commercialization, international expansion, and recurring revenue models across its four business lines.

BTQ Technologies Corp. held its 2026 annual general and special meeting on August 12, 2026, where shareholders approved all matters presented. The number of directors was fixed at five, with this resolution receiving 99.52% of votes cast. All five director nominees were elected, each receiving over 94% support, with individual approval ranging from 94.89% to 99.49% of votes cast.

MNP LLP was appointed as auditor for the ensuing year with 99.34% of votes cast in favor, and the board was authorized to fix their remuneration. Shareholders also reapproved the Company’s omnibus equity incentive plan, which received 92.32% support. In total, 70,852,597 common shares were voted, representing approximately 49.97% of issued and outstanding shares.

BTQ Technologies Corp., a post-quantum cryptography and quantum-computing company, reported very weak interim results for the six months ended June 30, 2026. Revenue was $0 versus prior-year license revenue, while the company recorded a net loss of $36.7 million, including $19.4 million of share-based compensation.

Cash fell to $9.7 million from $20.9 million as operating activities used $13.9 million. Accumulated deficit reached $101.9 million, and management highlighted material uncertainty about its ability to continue as a going concern, stressing the need for substantial near-term external financing. BTQ continues to invest in its quantum-security ecosystem, including holdings in ICTK, QPerfect and Keypair, and has entered multi-year research, development, and lease commitments totaling $14.7 million. Subsequent to quarter-end, it completed the acquisition of the remaining shares of QPerfect and raised additional equity under its base shelf prospectus.

BTQ Technologies Corp. signed a Memorandum of Understanding with ITCENGLOBAL’s security platform subsidiary ITCEN PNS, part of a Korean IT group that reported consolidated revenue of KRW 8.9 trillion for 2025. The collaboration framework targets integration of post-quantum cryptography, quantum-safe authentication, and next-generation security infrastructure for financial, public-sector, and enterprise systems in Korea and internationally.

ITCEN PNS has obtained KCMVP validation in Korea for a hybrid module using NIST-standardized post-quantum algorithms, including ML-KEM, and participates in national zero-trust and post-quantum initiatives. Under the MOU, BTQ and ITCEN PNS will evaluate, test, and commercialize quantum-safe solutions across secure financial communications, digital identity, biometric authentication, blockchain and Web3 security, and broader enterprise and government infrastructure, reinforcing BTQ’s strategic presence in the Korean market.

BTQ Technologies Corp., a quantum technology company focused on building trust infrastructure for the quantum era, reports that it will host a live shareholder webinar to discuss its Q2 2026 financial results and provide a general corporate update. The webinar is scheduled for August 14, 2026 at 12:00 p.m. Eastern Time and will follow the release of BTQ’s Q2 2026 financial statements, which are expected after market close on August 13, 2026. Shareholders are invited to register in advance via the linked Zoom registration page and will receive joining details by email upon registration.

The company describes itself as developing a full-stack, neutral-atom quantum computing platform, including hardware, middleware, and post-quantum security solutions for industries such as finance, telecommunications, logistics, life sciences, and defense. The news release also includes standard forward-looking information language, outlining assumptions and risks related to financing, technology development, regulatory matters, and broader economic and industry conditions.

BTQ Technologies Corp. completed the first milestone in its multi-year collaboration with the Industrial Technology Research Institute to validate its Quantum Compute-in-Memory (QCIM) architecture for post-quantum cryptography. The work, part of a global QCIM chip roadmap led by BTQ and ICTK, validated the QCIM core in a TSMC 28-nanometre design environment and demonstrated acceleration of cryptographic operations associated with NIST FIPS 203, 204 and 205 under demanding operating conditions.

The results confirmed functional correctness, feasibility, performance advantages and crypto-agility across multiple post-quantum algorithms, advancing the program into a next phase of module-level integration, verification and validation. BTQ is developing a next-generation QCIM quantum-security chip targeting military, industrial, automotive, IoT, Physical AI and other connected systems, and expects, backed by ICTK and ITRI’s work, to ship test chips to key customers and strategic partners by year-end for performance and functional evaluation.

BTQ Technologies Corp., through its wholly owned subsidiary QPerfect, announced a research collaboration with the University of Strasbourg in support of aQCess, described as France's first publicly accessible neutral atom quantum computing platform targeting more than 400 qubits.

Under the partnership, QPerfect is using its MIMIQ™ simulation platform to build a hardware-accurate digital twin of the aQCess processor, mirroring its native gate set, instruction set architecture, atom transport operations and experimentally characterized noise. Deployed both on premises at CESQ and via the cloud, this virtual backend is intended to let researchers and industry users design, test and validate quantum workloads alongside the physical system, aligning with BTQ’s full-stack quantum hardware, software and secure network strategy.

BTQ Technologies Corp. announced a strategic collaboration with Texas-based TIDAL PWR to develop a trusted quantum data center reference architecture for future large-scale AI and advanced computing facilities. The work is expected to address design principles, trusted supply chain requirements, vendor and device procurement standards, and post-quantum cryptographic security.

BTQ’s role is expected to focus on solutions architecture, post-quantum security guidance, trusted procurement frameworks, and vendor mapping across the quantum infrastructure stack. The parties intend to begin with an initial planning and architecture track, with potential expansion into deeper technical, commercial, and project-specific opportunities.

BTQ Technologies Corp. reports completion of the design for its next-generation QCIM + PUF security chip, developed with ICTK Co., Ltd.. The chip integrates BTQ's Quantum Compute-in-Memory cryptographic accelerator with ICTK's VIA PUF™ technology to create a hardware-rooted security platform aimed at unique device authentication, cryptographic acceleration, and trusted device identity at the silicon level. It targets IoT, AI devices, industrial systems, secure elements, edge devices, and other connected infrastructure. The companies previously entered into a US$15 million development and joint investment agreement in October 2025 to co-develop QCIM. BTQ expects to ship test chips to key customers and partners by year-end to support validation and progress toward potential mass production.