VANCOUVER, BC, March 13, 2024 -- BTQ Technologies Inc. ,a global quantum technology company focused on securing mission critical networks, is pleased to announce its sponsorship with the Cybersecurity and Privacy Institute at the University of Waterloo. CPI's mission is to gain international recognition as a leading interdisciplinary research institute that makes significant impacts on improving information security and human privacy. To this end CPI is forging a path through interdisciplinary focus areas including quantum computing, data science, cryptography, artificial intelligence (AI), and the policy, legal, and social impacts of security and privacy.

BTQ is delighted to join the following leading companies supporting CPI: Mastercard, Blackberry, Tauria, RBC, and Amazon Web Services. CPI's mandate is to nurture and enhance Canada's leadership position in cybersecurity and privacy research by partnering with industry sponsors on real-world challenges and fostering world leading interdisciplinary talent. Through the ecosystem at CPI, BTQ will further benefit from an applied focus on complex real-world challenges.

Last year, CPI marked a significant milestone by securing over $3.3 million in funding, representing 30% of total awards, from the National Cybersecurity Consortium (NCC) under the Cyber Security Innovation Network (CSIN) program. This funding is a testament to CPI's pivotal role in shaping the future of cybersecurity and privacy research, further enhancing its capabilities and reach in these critical areas.

CPI is collaborating with BTQ to continue research and optimization on Preon by enabling efficient zero-knowledge proof-based post-quantum digital signature schemes. In July 2023, BTQ introduced Preon, a robust and efficient post-quantum signature scheme, showcasing distinctive features including small key size, rapid key generation, minimal assumptions, and flexible functionality. These attributes make it resistant to potential threats from both classical and quantum computers.

Cybersecurity and Privacy Institute

Cybersecurity and privacy are emerging as central issues our society must address in the coming decade to secure our future. The Cybersecurity and Privacy Institute (CPI) at the University of Waterloo, is tackling these challenges head-on by fostering interdisciplinary research collaborations and increasing the visibility and strength of Waterloo's cybersecurity and privacy research. CPI is advancing discoveries and partnerships in numerous application areas including: Quantum computing & communication, Data science, Cryptography, Artificial intelligence, as well as Policy, Legal, and Social impacts of security and privacy. CPI's vision is to be internationally recognized as a leading interdisciplinary research institute making significant impacts in improving information security and human privacy. UWaterloo and CPI are uniquely capable of devising effective cybersecurity and privacy tools and technologies, commercializing these advancements, developing the next generation of cybersecurity leaders, and leading industry-academic collaboration.