BTQ Technologies Corp. announced today that its portfolio company, QPerfect SA, has integrated its virtual quantum computer, MIMIQ™, into SDT Inc.’s QUREKA™ hybrid quantum platform, launching a new cloud-based quantum emulation service available since February 1, 2026. This strategic partnership allows QUREKA users to “design, test, and validate quantum algorithms at scales beyond today’s hardware limits,” accelerating research and development in the rapidly evolving field of quantum computing. MIMIQ™ emulates circuits with up to thousands of qubits, exceeding the capabilities of existing physical hardware and preparing workflows for future processors. BTQ, which currently holds a 16.67% interest in QPerfect and anticipates full ownership, sees this collaboration as a key step toward scalable and fault-tolerant quantum architectures.
MIMIQ™ Emulation Extends QUREKA™’s Quantum Algorithm Capabilities
A newly launched service is pushing the boundaries of quantum algorithm development by leveraging powerful emulation technology. On February 1, 2026, SDT Inc. This integration allows researchers and enterprises to explore quantum possibilities beyond the current limitations of physical hardware, a crucial step in accelerating quantum research and development. The collaboration between QPerfect and SDT is strategically positioned to address a rapidly expanding market. Fact.MR projects the global quantum simulation platforms market will reach USD 3.8 billion by 2035, exhibiting a compound annual growth rate of 15.7% from 2025. Software currently dominates this market, holding 38.6% share in 2025, and the Asia Pacific region is a key driver of growth, accounting for 25.6% of global quantum computing revenue in 2024. SDT estimates the Korean quantum simulation market alone at approximately USD 100 million in 2024, forecasting it to surge to USD 800 million by 2033. MIMIQ™ isn’t simply a stopgap; it’s a foundational element in QPerfect’s broader vision. It serves as the first layer of QPerfect’s Quantum Logical Unit (QLU™), a framework designed to facilitate the transition toward fault-tolerant quantum computing. “This collaboration with SDT demonstrates how scalable quantum emulation can accelerate global quantum R&D,” said Philippe Blot, CEO of QPerfect. “By integrating MIMIQ™ into QUREKA™, we enable researchers and enterprises to develop, validate, and optimize quantum algorithms today while preparing for tomorrow’s fault-tolerant quantum systems.”
Jiwon Yune, CEO of SDT, emphasized the expanded capabilities QUREKA™ now offers. “Integrating MIMIQ™ significantly expands the computational capabilities available through QUREKA™,” Yune stated. Olivier Roussy Newton, CEO of BTQ Technologies, highlighted the strategic importance of this advancement, stating, “This agreement reinforces BTQ’s strategy of building and scaling foundational software infrastructure that helps move quantum computing from experimentation toward real deployment.”
QPerfect’s MIMIQ™ Leverages State-Vector and MPS Simulation
The burgeoning field of quantum computing is rapidly shifting from theoretical possibility to practical application, but current hardware limitations present a significant bottleneck. Researchers and developers require tools to design and test algorithms at scales far exceeding those of today’s quantum processors. Addressing this need, QPerfect SA and SDT Inc. have launched a cloud-based quantum emulation service powered by QPerfect’s MIMIQ™, integrated into SDT’s QUREKA™ hybrid quantum platform. This collaboration isn’t simply about increasing computational power; it’s about creating a virtual environment where complex quantum workflows can be refined before deployment on future, more powerful hardware.
MIMIQ™ distinguishes itself through its advanced simulation techniques, specifically leveraging state-vector and Matrix Product State (MPS) methods. The service, available since February 1, 2026, offers a crucial bridge between algorithm design and physical realization, enabling users to explore complex quantum use cases currently inaccessible due to hardware constraints. SDT will operate and commercialize the customer-facing service, while QPerfect maintains the MIMIQ back end within a secure European cloud environment. This strategic partnership is particularly relevant given the projected growth of the quantum simulation market.
This collaboration with SDT demonstrates how scalable quantum emulation can accelerate global quantum R&D. By integrating MIMIQ™ into QUREKA™, we enable researchers and enterprises to develop, validate, and optimize quantum algorithms today while preparing for tomorrow’s fault-tolerant quantum systems.
Philippe Blot, CEO of QPerfect
BTQ’s 16.67% QPerfect Stake & Anticipated Full Acquisition
BTQ Technologies is actively bolstering its position in the quantum computing landscape through a strategic investment in, and planned acquisition of, QPerfect SA. As of February 24, 2026, BTQ holds a 16.67% interest in QPerfect, a company specializing in quantum emulation, with a definitive agreement to acquire full ownership pending satisfaction of closing conditions—originally outlined in a November 11, 2025, press release. This partnership isn’t simply about expanding capabilities; it’s about accelerating the entire quantum research and development process.
This partnership strengthens our platform’s ability to support large-scale hybrid quantum development for both academic and industrial users.” The collaboration leverages SDT’s connections within the South Korean tech ecosystem—including partnerships with GS Group and LG Electronics, as well as academic ties to Seoul National University, Korea University, and KAIST—to address a growing regional demand. The market potential is substantial.
USD 3.8 Billion Quantum Simulation Market Growth to 2035
The convergence of quantum computing and cloud services is rapidly maturing, with a new partnership poised to capitalize on a burgeoning market. QPerfect SA and SDT Inc. This collaboration isn’t simply about theoretical advancement; it addresses a critical bottleneck in quantum research and development – the limitations of current hardware. This move is strategically aligned with significant market projections. Software currently dominates this landscape, holding 38.6% of the market share in 2025. BTQ Technologies Corp., holding a 16.67% interest in QPerfect with plans for full ownership, views this as a crucial step in building a robust quantum infrastructure. The integration of MIMIQ™ into QUREKA™ isn’t just about expanding computational power; it’s about preparing for the future of quantum computing, specifically the transition to fault-tolerant architectures.
