Quantum Emulation Service Launched to Aid Development
BTQ Technologies, QPerfect, and SDT have launched a quantum emulation service called MIMIQ™ on the QUREKA™ platform. The service provides robust simulation tools and cloud-accessible quantum resources for developers. This model provides a commercialization pathway for quantum startups focused on software and services rather than building hardware.
- The service’s core technology, MIMIQ™, was developed by the French software company QPerfect, in which BTQ holds a 16.67% interest with plans for a full acquisition, signaling a strategic move from post-quantum cryptography to the quantum software development market. - MIMIQ™ functions as a virtual quantum computer, using advanced simulation methods like Matrix Product State (MPS) to emulate quantum circuits with thousands of qubits—a scale that surpasses the capabilities of most current physical quantum hardware. - The platform operator, SDT Inc., is a South Korean quantum hardware company building the country's first commercial quantum computer and recently raised a $14 million pre-IPO round with plans to go public in late 2025. - This collaboration exemplifies a capital-efficient commercialization model in deeptech, where a software startup (QPerfect) accesses global markets by integrating its specialized tool into a hardware manufacturer's existing platform (SDT's QUREKA™). - The launch provides a development pathway for applications in materials science and drug discovery, fields that require simulating molecular interactions—a key use case for quantum computers. - While this service is international, it enters the market as Turkey develops its own national quantum capabilities, including the 5-qubit quantum computer 'QuanT' launched at TOBB University of Economics and Technology. - The Turkish deeptech sector, which includes quantum technologies, saw a 438% increase in funding in the first ten months of 2025 compared to the same period in 2024, indicating growing investor interest in the space. - One Turkish startup in the quantum space, Qubitrium, which develops solutions for quantum cryptography and sensing, recently raised €1.5 million in seed funding to launch a satellite with a quantum key distribution payload.
