QuantWare, a Dutch quantum technology corporations that mass-produces the world's first commercial quantum computer chip (QPU), said on the 29th it will open an operational base in Seoul and step up its push into the Korean market.
QuantWare is a corporations founded in 2021 as a spinoff by researchers from QuTech, a quantum research institute under TU Delft. It currently supplies quantum processing units (QPUs) to more than 20 countries worldwide and is known as a global QPU supplier with the highest mass-production capacity.
The company's core technology is a 3D scalable architecture called "VIO." It is currently the only technology that can implement ultra-high-speed, MegaQubit-class quantum processors, and is said to significantly boost power efficiency and performance relative to investment. The company said the technology will accelerate large-scale Quantum Computing and help solve hard problems.
QuantWare has worked with Korea's quantum ecosystem for years, and its open-architecture-based processors are used in several domestic quantum computers. QuantWare's technology was also applied to the quantum computer announced by the Electronics and Telecommunications Research Institute (ETRI) early this year.
The company said it plans to strengthen support for domestic customers by opening the Seoul base while improving on-site hardware access to help train quantum specialists. A company official said, "It will help train 12,500 quantum specialists, a goal set by the Ministry of Science and ICT."
CEO Mathis Ridzlasdam said, "Korea is a very strategic region for QuantWare," adding, "With the Korean government planning an investment of about 3 trillion won, there is potential to rapidly build world-class competitiveness in quantum, as it did in the semiconductor industry."
He added, "The Korean operational base is intended to meet the technological demand needed as the domestic industry grows into a global quantum economy hub."