PR Newswire
LONDON, United Kingdom, March 02
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Delta Gold Technologies plc
Phase II Research Funding Advanced Early to the University of Toronto
26th February 2026 – Delta Gold Technologies PLC (“Delta Gold” or the “Company”)
(Aquis: DGQ /OTC:DGQTF), a technology company developing intellectual property
in the quantum computing (“QC”) space, is pleased to announce that it has agreed
with the University of Toronto to advance C$269,000 from the Year 2 Research
Sponsorship well ahead of the July 2026 schedule. This accelerated Phase II
funding, which forms part of the C$1,000,000 Year 2 commitment, reflects the
strong progress being made by the University of Toronto’s research team and will
enable the early addition of a second component to the Cryo-refrigeration
system.
The Cryo-refrigeration system allows experiments to be conducted at extremely
low temperatures in order to create stable conditions for testing of nano-scale
structures. The goal of the experiments is demonstrating the building blocks of
a potential stable cubit utilizing nano-scale gold plus other materials. Cubits
are the core part of a quantum computer and so far stability of the cubit has
been elusive, hence the importance of the ongoing research being funded by Delta
Gold.
R. Michael Jones, Chief Executive Officer of Delta, commented:
“We are pleased with the progress being made at the University of Toronto in our
research using gold and other materials. Because of this, we have made the
decision to make this advance which allows the research team to accelerate the
experiments using the materials we have been designing and fabricating. I
recently visited the lab at University of Toronto with our Principal
Investigator Prof. Harry Ruda and it was amazing to see materials being worked
on at the atomic level.”
[image]
Image from the recent visit on Monday February 16th 2026
Background on Delta Gold and University of Toronto
Research Sponsorship Agreement includes funding requirements of CAD $3,000,000
over three years with the University of Toronto which secures the right to own
an exclusive 100% licensing interest of any developed Intellectual Property
(“IP”) under the research sponsorship Agreement. The first-year payment to the
University of C$ 1,000,000 has been completed.
A global exclusive license of 100% of the developed IP will be held by Delta
Gold Technologies.
Executive Role Update
The Company has formally approached current Non Executive Director James Tosh to
assume the role of Executive Director of Delta Gold. In this expanded leadership
position, James will work alongside Michael Jones, CEO to drive the
implementation of the Company’s strategic business and operational goals.
This step reflects the Company’s commitment to strengthening its executive
capabilities as it advances its research partnerships and progresses toward the
development and commercialisation of its quantum computing intellectual
property.
About Delta Gold Technologies
Delta is developing, with an option for an exclusive license, intellectual
property (“IP”) targeted towards the quantum computing (“QC”) space that can be
licenced globally. This technology will be centred around the usage of nano
-scale gold and other materials. Utilising the unique physical properties of
certain materials which are believed to have direct and significant applications
within the rapidly growing QC space.
This IP will be developed with top global nanotechnology and QC teams globally,
with the intention to further develop the IP, file patents and subsequently
license the technology.
For further information contact:
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|Delta Gold Technologies PLC |Tel:+44 (0)203 576 6742 |
| | |
|R. Michael Jones(CEO) | |
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|Orana Corporate LLP (Aquis Advisor)|Tel: +44 (0)203 475 6834|
| | |
|Anthony Eastman / Sarah Cope | |
+———————————–+————————+
|First Equity LTD (Corporate Broker)|Tel:+44 (0)207 374 2212 |
| | |
|Jason Robertson / Sam Lakha | |
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https://news.cision.com/delta-gold-technologies-plc/r/phase-ii-research-funding-advanced-early-to-the-university-of-toronto,c4314900
