Mentioned:
The excitement about quantum computing in the public markets is ramping up. And there’s a publicly traded company in Canada ready to take their technology to the next level.
What’s happening:
- Quantum computing company BTQ Technologies (CBOE: BTQ) has raised $10M CAD in a new financing round
Why it matters:
- BTQ Technologies is one of the only publicly listed companies in Canada focused on quantum computing and is also developing next generation chips for post quantum cryptography
- Quantum computing companies have experienced a blistering uptick in excitement throughout the public markets recently, following Google’s new quantum computing chip Willow being unveiled for the first time
Going deeper:
- BTQ Technologies has established multiple meaningful partnerships globally around accelerating their quantum computing technology, including with Macquarie University and The Sydney Quantum Academy
The intrigue:
- Publicly traded quantum computing companies have been unleashing a flurry of new moves lately, including IonQ (NYSE: IONQ) bringing one of their quantum computers to Europe for the first time and Rigetti Computing (NASDAQ: RGTI) using artificial intelligence to calibrate a quantum computer
