en.Wedoany.com Reported - BTQ Technologies Corp. (NASDAQ: BTQ | CBOE CA: BTQ), a developer of quantum networking and security solutions, has received final regulatory approval from French foreign direct investment (FDI) authorities to complete the full acquisition of quantum software company QPerfect SAS. The approval, issued by the French Ministry of Economy and Finance, enforces strict sovereign directives to protect local intellectual property. Under the requirements, QPerfect must retain its registered headquarters at the European Center for Quantum Science (CESQ) campus in Strasbourg, France, appoint a French national as a senior executive, and ensure absolute continuity of domestic R&D operations.
The total transaction consideration structure includes €18.59 million payable at closing—comprising €2.02 million in cash and €16.56 million through the issuance of 2.195 million BTQ common shares. The agreement also includes a performance-based milestone earnout consideration of up to €5.67 million, structured as €440,000 in cash and 693,000 common shares. All equity consideration is anchored at a benchmark trading price of approximately €7.54 per share. To ensure long-term management continuity at the Strasbourg R&D center, BTQ issued 198,808 restricted stock units (RSUs) to QPerfect CEO Philippe Blot, who will continue to lead the subsidiary's European deep-tech operations.
The merger combines BTQ's post-quantum cryptography (PQC) verification pipeline with QPerfect's advanced hardware emulation and simulation software stack. As commercial networks prepare to migrate to quantum-resistant algorithms—which introduce heavier computational loads, larger encryption keys, and dense handshake constraints in defense and telecommunications routing layers—the combined entity will leverage three core technologies from QPerfect to validate and stress-test target network architectures before actual deployment: the MIMIQ quantum simulator, which enables engineers to benchmark next-generation Transport Layer Security (TLS) handshakes and PQC protocol resilience by executing stable 100+ qubit simulations on standard classical computing infrastructure; the Digital Twin framework, a high-fidelity system modeling framework for generating software representations of neutral-atom quantum processors to optimize hardware architectures before cleanroom fabrication; and the Quantum Logic Unit (QLU), a multi-layer quantum control and automation framework specifically tuned to support scalable fault-tolerant operating systems.
This acquisition directly integrates QPerfect's peer-reviewed physical insights into BTQ's intellectual property portfolio. Recent research breakthroughs from the Strasbourg team include a foundational paper on Noise Tailoring, a statistical sampling method that enhances classical simulation accuracy by up to five times by reconstructing the noise geometry of two-qubit gates. A second paper details a Correlated Atom Loss decoder that maps correlated atom loss structures in neutral-atom arrays. This software optimization reduces logical error probability by an order of magnitude while successfully increasing the physical hardware loss tolerance threshold from 3.2% to 4%.
The combined company will leverage the Strasbourg center through institutional ties formalized by the France-Canada Joint Declaration on Quantum Science and Technology, signed during the Digital G7 hosted by France on May 29. By embedding QPerfect's localized foundry and engineering talent into BTQ's international security framework, the transaction accelerates the commercialization of full-stack quantum-secure communication channels and validated network hardware built for global enterprise deployment.
Acquisition details, regulatory compliance conditions, and executive statements are available in the BTQ Technologies corporate newsroom; relevant physical proofs and algorithmic frameworks can be accessed in the arXiv research archive, including the noise-tailored error correction method and the neutral-atom loss error correction model.
