BTQ Technologies Corp. (CBOE CA: BTQ), a leading quantum technology company focused on critical network security, announced the signing of a Memorandum of Understanding (MOU) with the Future Quantum Convergence Forum (FQCF), the Quantum Industrial Standard Association (QuINSA), and the Future Quantum Convergence Institute (QCI) of South Korea. This strategic collaboration aims to foster global innovation and cooperation in quantum technologies through the development of industrial standards, the organization of events, and the implementation of collaborative programs between industry and academia.
Key Areas of Collaboration:
- Development of Industrial Standards: Joint creation of international quantum standards to accelerate the global adoption of these technologies.
- Events and Seminars: Organization of collaborative activities to promote knowledge transfer and strengthen alliances in the quantum technology ecosystem.
- Industry-Academia Programs: Development of initiatives to connect the academic world with industry, identifying use cases and innovative models for the industrialization of quantum technology.
“This alliance reinforces our commitment to leading quantum innovation on a global scale,” stated Nicolas Roussy Newton, Chief Operating Officer of BTQ Technologies. “Collaborating with leading organizations like FQCF, QuINSA, and QCI allows us to accelerate the development of advanced quantum solutions while strengthening our presence in South Korea’s quantum ecosystem.”
South Korea’s Leadership in Quantum Technology
South Korea is positioning itself as a global player in the development of quantum technologies, driven by the recent enactment of the Quantum Technology Industry Act in 2023 and the implementation of its National Quantum Science and Technology Strategy in 2024. This ambitious plan aims to consolidate the country as a global quantum hub by 2035.
Key Strategic Goals:
- Development of a 1,000-qubit quantum computer by the early 2030s.
- Construction of a 100-kilometer quantum network for secure intercity communications.
- Achieving a 10% share of the global quantum technology market.
- Training 2,500 key quantum professionals and 10,000 experts in related areas by 2035.
- Creation of 1,200 companies focused on quantum technologies.
South Korea is also investing in research infrastructure, including quantum factories and collaborative research centers, while fostering international alliances with key players like the United States and the European Union.
“This collaboration agreement marks a significant step towards advancing quantum technology and its global standardization,” commented Hyo-Sil Kim, Director of the Future Quantum Convergence Institute.
About BTQ Technologies
BTQ Technologies is a Canadian company specializing in quantum security solutions designed to protect digital infrastructures from emerging threats. With a strong portfolio of patented technologies and strategic alliances with leaders like Foxconn and ID Quantique, BTQ is at the forefront of developing scalable post-quantum solutions. The company, with offices in Vancouver, Sydney, Taipei, and Seoul, is committed to innovation for a secure digital future.