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BTQ Technologies Corp
Symbol BTQ
Shares Issued 138,334,680
Close 2026-02-25 C$ 4.50
Market Cap C$ 622,506,060
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BTQ Technologies opens R&D hub in New York

2026-02-25 17:33 ET - News Release

Mr. Olivier Roussy Newton reports

BTQ TECHNOLOGIES ANNOUNCES NEW QUANTUM HARDWARE COMMERCIALIZATION HUB IN NEW YORK CITY AND KEY ENGINEERING HIRES TO ACCELERATE QCIM

BTQ Technologies Corp. has opened a dedicated research and development hub in New York's Flatiron district and significantly expanded its QCIM (quantum compute in memory) engineering team. The new office strengthens BTQ's U.S. presence and is designed to accelerate the company's QCIM program and its broader quantum-secure silicon road map.

New York commercialization hub leadership

Sean Hackett, head of silicon product, and Zach Belateche, head of hardware, lead BTQ's New York commercialization hub. Mr. Hackett and Mr. Belateche are both Stanford graduates and are the principal authors of BTQ's patent portfolio underlying the QCIM architecture. The leadership team also includes Anne Reinders, head of cryptography at BTQ, who brings nearly a decade of experience from Intel across hardware security and applied cryptography. Together, this core QCIM team is now being joined by a new group of senior engineers spanning silicon, systems and cryptography.

Strategic hires to expedite QCIM road map

The expanded team brings together senior engineering leaders from some of the world's most advanced hardware and systems programs. Among the strategic new hires is Fabien Goncalves, a former engineering lead in Apple's special projects group, best known for Apple's automotive hardware program, where he led the development of safety-critical, low-latency embedded systems and advanced hardware platforms, contributing deep expertise in system architecture, board-level integration and production-grade embedded software. He is joined by Michael Anfang, a senior FPGA (field-programmable gate array) and systems engineer who previously worked on quantum control and communications platforms at PsiQuantum and on advanced AR (augmented reality) and VR (virtual reality) hardware systems at Facebook Reality Labs. The team also includes Cale Woodward, who previously led digital design and verification for mixed-signal ASICs (application-specific integrated circuits) at Texas Instruments, a $200-billion global semiconductor company, owning the process from RTL (register-transfer level) through silicon tapeout and supporting postsilicon validation.

They are further joined by Dzmitry Branavets, who brings extensive low-level software engineering experience from his work optimizing transfer protocols at a leading satellite communications company within ST Engineering, and Steve Nease, an ASIC and SoC (system-on-chip) design leader who previously led advanced-node tapeouts and mixed-signal semiconductor programs at Tokyo Electron.

Together, these hires bring deep, hands-on experience across quantum control systems, advanced silicon design, semiconductor manufacturing workflows and post-quantum cryptography.

Accelerating execution from architecture to silicon

This concentration of talent is intended to materially shorten BTQ's path from QCIM architecture to validated and commercial-ready silicon. The group's combined experience across quantum control hardware, advanced ASIC and FPGA design, semiconductor manufacturing flows, and post-quantum cryptography supports faster iteration across prototyping, verification and system integration. With these capabilities now in place, BTQ is positioned to advance QCIM toward tapeout readiness, expand hardware and firmware validation, and accelerate engagement with government and enterprise partners.

Building on BTQ's ITRI collaboration

The expansion builds on BTQ's collaboration announced in 2026 with the Industrial Technology Research Institute (ITRI), one of the world's leading applied research organizations, to validate BTQ's QCIM chip architecture in silicon. The New York hub will work closely with ITRI and commercial partners to drive rapid prototyping, testing and system-level integration to advance quantum-safe silicon solutions for government and enterprise markets.

Executive commentary

Olivier Roussy Newton, chief executive officer of BTQ Technologies, said: "We are thrilled to welcome such a dense network of talent from blue-chip technology and semiconductor companies to BTQ. This team dramatically strengthens our ability to execute more quickly on QCIM and to build and commercialize quantum-secure hardware products."

Mr. Hackett, head of silicon product at BTQ, said: "QCIM was designed from the ground up to bridge advanced cryptography and modern silicon. With this team now in place, we can move faster across architecture, prototyping and validation and focus on turning QCIM into production-ready silicon that meets real government and enterprise security requirements."

Next phase of execution

With this new commercialization hub and the addition of a senior engineering team drawn from leading technology and semiconductor organizations, BTQ is positioning QCIM for the next phase of execution, focused on silicon validation, system integration and commercial deployment.

About BTQ Technologies Corp.

BTQ Technologies is a vertically integrated quantum company accelerating the transition from classical networks to the quantum Internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware and postquantum security solutions for finance, telecommunications, logistics, life sciences and defence.

We seek Safe Harbor.

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