BTQ Technologies Announces Collaboration with South Korea’s Future Quantum Convergence Forum and QuINSA
Insider Brief:
- BTQ Technologies signed an MOU with South Korean quantum organizations to support global collaboration in industrial standards, events, and industry-academic programs, advancing quantum technology innovation.
- The partnership focuses on establishing quantum industrial standards, organizing collaborative events and seminars, and bridging academia-industry gaps to drive quantum technology adoption and industrialization.
- South Korea’s Quantum Technology Industry Act and national strategy intend to achieve a 1,000-qubit quantum computer, a 100-km quantum network, and a 10% global market share by 2035, supported by investments in quantum research and infrastructure.
- This collaboration aligns with South Korea’s vision to become a global quantum hub, leveraging international partnerships to scale innovation, strengthen supply chains, and train 10,000 quantum professionals by 2035.
PRESS RELEASE — BTQ Technologies Corp., a global quantum technology company focused on securing mission-critical networks, is pleased to announce the signing of a Memorandum of Understanding with the Future Quantum Convergence Forum, the Quantum Industrial Standard Association, and the Future Quantum Convergence Institute. This collaboration represents a significant step toward fostering global innovation and cooperation in quantum technologies.
The MOU outlines a framework for mutually beneficial activities aimed at advancing business growth, international expansion, and industrial collaboration. Together, the parties will explore initiatives in areas such as industrial standards, events and seminars, and industry-academic cooperation programs.
Key Areas of Collaboration:
- Industrial Standard Development: Joint efforts to establish and promote quantum industrial standards to accelerate global adoption.
- Events and Seminars: Organization of collaborative events, both online and offline, to share knowledge and foster partnerships within the quantum technology ecosystem.
- Industry-Academic Programs: Development of cooperative programs to bridge the gap between academia and industry, facilitating the discovery of new use cases and models for quantum technology industrialization.
“This partnership underscores BTQ’s commitment to driving quantum innovation on a global scale,” said Nicolas Roussy Newton, Chief Operating Officer of BTQ Technologies. “Collaborating with leading organizations like FQCF, QuINSA, and QCI enables us to accelerate the development of cutting-edge quantum solutions while building stronger ties with the South Korean quantum ecosystem.”
“Hyo-Sil Kim, Director of QCI, expressed her expectations, stating, “We look forward to fostering mutually beneficial collaboration in the field of quantum communication with the FQCF, the QuINSA, and Canada’s BTQ. This partnership will serve as a significant step toward advancing global quantum technology and standardization.”
This partnership is part of BTQ Technologies’ ongoing mission to deliver advanced quantum security solutions and contribute to the global quantum technology landscape.
South Korea’s Vision for Quantum Technology Leadership
South Korea is making significant strides in quantum technology, highlighted by the enactment of the Quantum Technology Industry Act in 2023, which took effect on November 1, 2024, and the unveiling of its Quantum Science and Technology Strategy in the same year. These initiatives are designed to establish South Korea as a global leader in quantum innovation by 2035.
Key Developments and Goals:
- Legislative Framework: The Quantum Technology Industry Act establishes a strategic foundation for research, industry growth, and security integration. It mandates a coordinated approach through a Quantum Strategy Committee, chaired by the Prime Minister, which develops comprehensive plans every five years.
- National Strategy: South Korea aims to achieve:
- A 1,000-qubit quantum computer by the early 2030s.
- A 100-km quantum network for secure intercity communication
- A 10% market share in the global quantum industry.
- Training of 2,500 core professionals and 10,000 quantum-related experts by 2035.
- The creation of 1,200 quantum technology companies.
- Infrastructure and Research: Investments include quantum fabs, testing facilities, and designated Quantum Science and Technology Research Centers to foster industry-academia-research collaboration. Efforts also focus on advanced quantum sensors for industrial and defense applications.
- International Collaboration: South Korea is actively pursuing alliances with the United States, European Union, and other quantum-leading nations. Investment in global cooperation will scale up, promoting joint research, personnel exchange, and international supply chain development.
- Private Sector Integration: By incentivizing private sector involvement with exclusive licensing and IP rights during technology transfers, South Korea ensures active participation in quantum innovation.
Vision for 2035
South Korea’s strategy reflects a bold vision to become the global hub for the quantum economy, transforming its expertise in internet technologies into quantum communication and computation leadership. The roadmap emphasizes a cohesive ecosystem that integrates national security, academic research, industry growth, and international partnerships.
These initiatives underline South Korea’s proactive approach to securing a competitive edge in the global quantum landscape, making it a compelling partner for international collaborations such as BTQ Technologies’ recent MOU with Korean quantum organizations.
About Future Quantum Convergence Forum (FQCF)
Future Quantum Convergence Forum (FQCF) serves as an interface among industry, academia, and research institutions, driving the activation of the overall Korean quantum industry ecosystem. For more information please visit https://www.fqcf.org/
About QuINSA
QuINSA is an industry-led international de facto standardization organization for the quantum information technology industry. It will play a crucial role in:
- Developing international de facto standards and proposals for various quantum technologies
- Analyzing global standardization trends in quantum information technology
- Identifying use cases and promoting industrialization
- Cooperating with international standardization organizations
About BTQ
BTQ Technologies Corp. is a Canadian quantum technology company focused on protecting digital infrastructure from quantum cybersecurity threats. With a strong portfolio of proprietary technologies, BTQ collaborates with industry leaders like Foxconn and ID Quantique and top research institutes and universities to develop scalable post-quantum solutions that safeguard critical data and communications. Headquartered in Vancouver, with offices in Sydney, Taipei, and Seoul BTQ is committed to advancing quantum security for a safe digital future.