PgQ is a queue implementation for PostgreSQL that allows events to be produced asynchronously by producers and processed by consumers, providing reliable messaging, batch processing, and replication capabilities. It stores events transactionally in PostgreSQL tables and uses a ticker process to group events into batches for efficient processing by multiple consumer applications running in different languages. PgQ guarantees that each event is seen at least once by consumers but does not prevent duplicate processing, requiring external tracking by consumers.