BTQ-Backed QPerfect Partners with SDT to Launch Quantum Emulation Service on QUREKA
Event summary
- QPerfect and SDT have integrated QPerfect's MIMIQ™ virtual quantum computer into SDT's QUREKA™ hybrid quantum platform, launching a cloud-based quantum emulation service on February 1, 2026.
- BTQ Technologies, which holds a 16.67% stake in QPerfect, anticipates acquiring full ownership subject to French FDI approval.
- The service enables users to design, test, and validate quantum algorithms at scales beyond current hardware limits.
- MIMIQ™ can emulate quantum circuits with up to thousands of qubits and millions of gates, extending beyond practical hardware limits.
The big picture
This partnership aligns with the broader trend of cloud-based quantum development, addressing a market expected to grow at a 15.7% CAGR from 2025 to 2035. BTQ's strategy of building foundational software infrastructure aims to bridge the gap between current noisy quantum devices and future fault-tolerant systems. The collaboration also underscores the strategic importance of the Asia Pacific region, which accounted for 25.6% of global quantum computing revenue in 2024.
What we're watching
- Market Expansion
- Whether the MIMIQ + QUREKA service can capture significant share of the fast-growing quantum simulation market, projected to reach $3.8B by 2035.
- BTQ's Acquisition
- The pace at which BTQ completes its acquisition of QPerfect, contingent on French FDI approval.
- Technological Adoption
- How quickly enterprises and research institutions adopt the cloud-based quantum emulation service for large-scale quantum development.
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