BTQ Technologies shares surge 29.88% after-hours after opening New York R&D hub and hiring key engineers to accelerate QCIM program.

BTQ Technologies surged 29.88% in after-hours trading following the announcement of a new research and development hub in New York City’s Flatiron District and a significant expansion of its Quantum Compute in Memory (QCIM) engineering team. The company added senior leaders from Apple, Meta, PsiQuantum, and other semiconductor firms to accelerate silicon validation and commercialization of its quantum-secure chip architecture. The expansion includes a collaboration with the Industrial Technology Research Institute (ITRI) to advance QCIM silicon prototyping for government and enterprise markets. These developments strengthen BTQ’s position in quantum-secure hardware and post-quantum cryptography, signaling progress toward commercial deployment and attracting investor optimism.