Qunova Appoints CFO and Two Business Development Executives

Insider Brief

• Qunova Computing has appointed Jake Hwang as CFO and board member, along with Evan Kang and Woomin Kyoung as business development executives.
• The new executives will focus on finance, strategic partnerships, enterprise expansion, and commercialization across pharmaceuticals, materials science, and other industries.
• Qunova said the appointments are intended to support its efforts to expand quantum computing applications for drug discovery, materials simulation, and industrial optimization.

Press release – Qunova Computing, a maker of quantum  software applications designed for the chemical, pharmaceutical and materials science  industries, today announces the appointments of Jake Hwang as Chief Financial Officer  (CFO) and Board Member, as well as Evan Kang and Woomin Kyoung as Business  Development Executives. The team will take on a range of responsibilities including global  strategic partnerships, enterprise market expansion, and capital markets initiatives. 

“As the commercialization of quantum computing approaches a critical inflection point, it is  essential that Qunova strengthen its leadership in key areas including finance, corporate  strategy, and business development,” said June-Koo Kevin Rhee, Founder and CEO of  Qunova Computing. “Jake brings extensive experience leading IPOs, M&A transactions,  investor relations, and corporate growth. Combined with Evan’s deep network in life  sciences and advanced materials, and Woomin’s decades of industrial simulation expertise,  these appointments significantly enhance our ability to deliver Industrial Quantum  Advantage to customers worldwide.” 

Mr. Hwang most recently served as Chief Strategy Officer and Chief Business Officer at  Nearthlab, where he played a key role in the company’s growth and IPO preparation. Prior  to that, he served as Head of Investor Relations and Business Development at Synergy  Quantum in the United Kingdom, helping build strategic partnerships within the global  quantum ecosystem. He has also worked as Senior Investment Manager at Hanwha Asset  Management, where he led growth investments and portfolio management activities,  including Nasdaq-related investments and M&A exits. 

“Quantum computing is entering a new stage where technical leadership must be matched  by financial scale, strategic execution, and global market credibility,” said Hwang. “Qunova  has established itself as one of the most exciting quantum software companies globally  through its breakthrough achievements around Industrial Quantum Advantage. I am excited  to help accelerate the company’s growth, strengthen its strategic partnerships, and build  long-term value for shareholders and customers.” 

Mr. Kang joins Qunova as a Business Development Executive, with more than 20 years of  experience in the pharmaceutical industry, leading technology commercialization and  strategic partnerships. Prior to joining Qunova, he worked in pharmaceutical R&D and  business roles at SK Chemicals and LG Chem, where he established strategic partnerships  and supported the development and commercialization of innovative drug programs.

At Qunova, Mr. Kang will lead business development and strategic collaborations with  global pharmaceutical and biotechnology companies. He will translate high-value drug  discovery challenges into commercial opportunities and integrate Qunova’s quantum  

computing solutions into pharmaceutical R&D workflows to enable better-informed  decisions and accelerate the discovery of novel therapeutics. 

Mr. Kyoung joins Qunova as a Business Development Executive focusing on materials  science, computational fluid dynamics (CFD), and optimization solutions. He has nearly  three decades of experience with the Hyundai Motor Company’s R&D Division, where he  served in numerous senior engineering and leadership roles. Most recently, he led  Hyundai’s Computational Materials Research Team. Prior to that, he served as a Global R&D  Expert in Materials Simulation and as a Senior Research Engineer specializing in FEM and  CFD technologies. He will collaborate with new partners to deliver Qunova’s quantum enhanced solutions across the automotive, manufacturing, advanced materials and engineering sectors. 

This expansion of Qunova’s executive team reflects the company’s strategic focus on scaling  commercialization efforts while further enhancing its product offering, thereby strengthening its position as a global leader in quantum software.