Quantum Computing Micro Cap Acquires Intellectual Property, Shares Surge

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Wednesday, January 15, 2025

After a lacklustre start to 2025, the markets appear to be back in bullish mode on a tame inflation read in the US. This risk-on mode has led to a bullish bounce for the once hot quantum computing stocks.

Just as quantum computing stocks rally today in general, shares of BTQ Technologies Corp. (OTCQX: BTQQF) joined in on the move higher, but also enjoyed further optimism from their announcement that the company had acquired advanced computing-in-memory (CIM) intellectual property from Cimtech Technology Co., a leader in memory technology and CIM solutions, to enhance its post-quantum cryptography and quantum-secure communication capabilities.

Cimtech's state-of-the-art CIM IP, developed using TSMC's 28nm HPC process, includes critical assets like Verilog models and timing libraries, enabling high-speed, low-power computation ideal for next-generation cryptographic accelerators.

Computing-in-Memory (CIM) is a next-generation architecture designed to overcome the limitations of traditional computing systems. By integrating computation and memory storage into a unified framework, CIM drastically reduces data movement, improving speed and energy efficiency. This approach is particularly valuable for applications in machine learning, cryptography, and quantum computing, where the demand for processing power and efficiency continues to grow exponentially.

Shares of BTQQF are rallying on not only the news but the sector bullishness in today’s trade with the stock currently up 14.04% at $2.965 in late-afternoon trading.

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