BTQ Technologies Corp. has entered into a Memorandum of Understanding (MOU) with South Korea’s Future Quantum Convergence Forum (FQCF), Quantum Industrial Standard Association (QuINSA), and Future Quantum Convergence Institute (QCI) to advance quantum technology innovation and global cooperation. The collaboration focuses on industrial standards, joint events, and industry-academic programs, aligning with South Korea’s national quantum strategy to establish itself as a global quantum economy hub by 2035.
South Korea’s quantum goals include developing a 1,000-qubit quantum computer, building a 100-km quantum network, and fostering 1,200 quantum companies by the early 2030s. While these targets are ambitious, BTQ emphasizes the partnership’s role in strengthening its presence in South Korea’s growing quantum ecosystem and advancing quantum security solutions.
The MOU outlines a framework for collaboration but does not guarantee immediate outcomes, as the quantum industry remains in its early stages. BTQ’s involvement reflects its broader mission to address quantum cybersecurity threats, though practical applications of the partnership’s initiatives will require further development and validation.
For additional details, the full press release can be accessed here.
January 2, 2025
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