BTQ Technologies Gains Grant for Quantum-Resistant Tech
Company Announcements

BTQ Technologies Gains Grant for Quantum-Resistant Tech

Story Highlights

Sonora Gold & Silver (TSE:BTQ) has released an update.

BTQ Technologies has secured up to C$435,000 in grants from the Mitacs Accelerate program to bolster their IP portfolio and hasten the commercialization of their quantum-resistant cryptographic technology. Collaborating with the University of Waterloo, the project aims to enhance the efficiency and market readiness of Preon, a post-quantum digital signature scheme. This initiative aligns with global efforts to transition to quantum-resistant cryptography ahead of the technological advancements in quantum computing.

For further insights into TSE:BTQ stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBTQ Technologies Bolsters Team with Quantum Experts
TipRanks Canadian Auto-Generated NewsdeskBTQ Technologies Spearheads Quantum Tech Standardization
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App