BTQ Stock Surges Pre-Market On Quantum-Secure Chip Development Agreement With ICTK
BTQ Technologies Corp. (BTQ) on Monday announced that it has signed a quantum-secure chip development and joint investment agreement with ICTK, a South Korea-based semiconductor security company.
BTQ's agreement with ICTK will see the two companies work to commercialize a next-generation quantum-secure element chip to address growing cybersecurity concerns posed by quantum computing.
BTQ's shares were up more than 7% in Monday's pre-market trade. Retail sentiment on Stocktwits around the company trended in the 'neutral' territory at the time of writing.
Get updates to this story developing directly on Stocktwits.
For updates and corrections, email newsroom[at]stocktwits[dot]com.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment