BTQ Technologies Corp. (Nasdaq: BTQ, Cboe CA: BTQ, FSE: NG3) has been added to the MSCI Canada Small Cap Index, effective November 25, 2025, following review by MSCI Inc. This index serves as a key benchmark for the performance of the small-cap segment of the Canadian equity market, representing approximately 14% of the free float-adjusted market capitalization in Canada. Inclusion reflects BTQ’s growth and increasing market recognition as a vertically integrated quantum technology company focused on securing mission-critical networks and accelerating the transition from classical networks to the quantum internet. This addition enhances visibility among institutional investors tracking MSCI indices.
MSCI Canada Small Cap Index Inclusion
BTQ Technologies was added to the MSCI Canada Small Cap Index, effective November 25, 2025, following MSCI’s October review. This index serves as a key benchmark for the performance of small-cap companies within the Canadian equity market, representing approximately 14% of the country’s free float-adjusted market capitalization. Inclusion reflects BTQ’s growth and increasing recognition within the market, signaling positive momentum for the quantum technology company.
To qualify for inclusion, MSCI employs specific criteria including market capitalization, adequate trading liquidity, and a sufficient free float of shares. The index also aims for balanced representation across various industries. BTQ’s addition enhances its visibility among institutional investors and funds that utilize MSCI indices for tracking and investment, potentially boosting investor confidence in the company’s business model.
According to BTQ Technologies’ CEO, Olivier Roussy Newton, inclusion in the MSCI Canada Small Cap Index marks a significant milestone, recognizing the company’s evolution as a vertically integrated quantum entity. The index is widely used by asset managers and institutional investors to track small-cap investments in Canada, and the February 2025 review considered trading data from the last 10 days of January.
Criteria for Index Qualification
BTQ Technologies’ inclusion in the MSCI Canada Small Cap Index hinges on meeting specific qualifications established by MSCI. Key among these is Market Capitalization, requiring companies to fall within a defined range—periodically reviewed by MSCI—for small-cap classification. Additionally, eligible securities must demonstrate adequate trading Liquidity to ensure accessibility for investors. MSCI also adjusts Market Capitalization based on “Free Float,” excluding shares not available for public trading, potentially disqualifying companies with low public float.
The MSCI Canada Small Cap Index aims for balanced Industry Representation within the small-cap segment. This index, covering approximately 14% of the Canadian market’s free float-adjusted market capitalization, is part of MSCI’s broader Global Equity Index Series. The February 2025 index review considered trading data from the last 10 days of January to determine final selections, demonstrating a data-driven methodology for inclusion.
Being added to the index isn’t automatic; MSCI follows a “stringent methodology” for selection. This inclusion enhances BTQ Technologies’ visibility among institutional investors who track MSCI indices, signaling strong market performance and investor confidence. The review process and subsequent addition reflect recognition of BTQ’s growth as a vertically integrated quantum company, accelerating the transition towards a quantum internet.
BTQ Technologies Overview & Progress
BTQ Technologies Corp. (Nasdaq: BTQ) was added to the MSCI Canada Small Cap Index, effective November 25, 2025, following review by MSCI Inc. This index measures the performance of small-cap companies in Canada, representing approximately 14% of the free float-adjusted market capitalization. Inclusion requires companies to meet specific criteria related to market capitalization, liquidity, and free float, as determined by MSCI’s methodology, and aims for balanced industry representation within the small-cap segment.
The addition to the MSCI Canada Small Cap Index is expected to increase BTQ Technologies’ visibility among institutional investors and funds that track MSCI indices. According to BTQ, this inclusion signals strong market performance and increased investor confidence in their business model and strategic direction. The company describes itself as a vertically integrated quantum company focused on transitioning from classical networks to the quantum internet, delivering a full-stack, neutral-atom quantum computing platform.
BTQ Technologies highlights a broad patent portfolio and claims to have pioneered the industry’s first commercially significant quantum advantage. The company’s solutions target sectors including finance, telecommunications, logistics, life sciences, and defense. CEO Olivier Roussy Newton views this index inclusion as a milestone recognizing BTQ’s evolution and commitment to building long-term value for shareholders, backed by a full-stack neutral-atom quantum computing platform.
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ | FSE: NG3 ) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet.
