{"id":867780,"date":"2025-07-09T08:02:36","date_gmt":"2025-07-09T12:02:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kisti-secures-funding-for-national-quantum-center-of-excellence-names-ionq-as-primary-quantum-partner\/"},"modified":"2025-07-09T08:02:36","modified_gmt":"2025-07-09T12:02:36","slug":"kisti-secures-funding-for-national-quantum-center-of-excellence-names-ionq-as-primary-quantum-partner","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kisti-secures-funding-for-national-quantum-center-of-excellence-names-ionq-as-primary-quantum-partner\/","title":{"rendered":"KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner"},"content":{"rendered":"

<\/p>\n

KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner<\/b><\/p>\n

IonQ\u2019s next-generation quantum system to support new research and cloud infrastructure in South Korea<\/i><\/p>\n

COLLEGE PARK, Md.–(BUSINESS WIRE<\/a>)–
\nIonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the \u201cQuantum Computing Service and Utilization System Construction Project.\u201d This initiative marks a pivotal step toward establishing South Korea\u2019s first National Quantum Computing Center of Excellence.<\/p>\n

\nKISTI will lead the development and operation of a quantum computing service and research platform designed to support both academic and enterprise applications. KISTI has identified IonQ as the primary quantum technology provider for the project, alongside Megazone Cloud, one of South Korea\u2019s leading cloud service and infrastructure providers.<\/p>\n

\nUnder an expected contract to be concluded with KISTI, IonQ expects to deliver an advanced 100-qubit quantum system for the initiative, to enable leading edge research and industrially relevant quantum computing capabilities. Together, IonQ and KISTI intend to develop a hybrid quantum-classical execution environment, integrating next-generation quantum systems into a private cloud for remote access.<\/p>\n

\n\u201cWe will be honored to support KISTI\u2019s pioneering efforts to establish a world-leading quantum service infrastructure in Korea,\u201d said Niccolo de Masi, CEO of IonQ. \u201cThis project is a significant investment in Korea\u2019s research and innovation ecosystem, and we are proud to have been identified by KISTI to provide the technology and expertise to help realize its full potential.\u201d<\/p>\n

\n\u201cThanks to the partnership with IonQ, we expect to accumulate experience in the operation, service, and utilization of quantum platforms nationwide,\u201d said Dr. Sik Lee, KISTI President. \u201cWe will also strive to contribute to the development of quantum computer utilization research and the industrial ecosystem in Korea.\u201d<\/p>\n

\nThis announcement builds on IonQ and KISTI\u2019s ongoing collaboration, including a recently signed memorandum of understanding (MoU)<\/a> to jointly advance South Korea\u2019s leadership in the global quantum economy. IonQ also continues to expand its footprint in the region through its work with Hyundai, SKT, Intellian Technologies<\/a> and leading academic institutions such as Seoul National University<\/a> and Sungkyunkwan University<\/a>.<\/p>\n

About IonQ<\/b><\/p>\n

IonQ, Inc.<\/a> [NYSE: IONQ] is a leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world\u2019s most complex problems. IonQ\u2019s current generation quantum computers, IonQ Forte<\/a> and IonQ Forte Enterprise<\/a>, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA<\/a> achieve 20x performance results.<\/p>\n

\nThe company is accelerating its technology roadmap and intends to deliver the world\u2019s most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ\u2019s advancements in quantum networking also positions the company as a leader in building the quantum internet.<\/p>\n

\nThe company\u2019s innovative technology and rapid growth were recognized in Newsweek\u2019s 2025 Excellence Index 1000, Forbes\u2019 2025 Most Successful Mid-Cap Companies list, and Built In\u2019s 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.<\/p>\n

IonQ Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words \u201cwill,\u201d \u201cexpected,\u201d \u201cexpects,\u201d \u201cintend to,\u201d \u201ccontinues\u201d and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ\u2019s delivery of quantum computing capabilities for the referenced project; IonQ\u2019s and KISTI\u2019s expected work together on the project; KISTI and IonQ entering into a binding agreement related to the referenced project; the expected benefits of IonQ\u2019s quantum computing capabilities; and KISTI and IonQ entering into a binding contract related to the referenced project. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ\u2019s ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ\u2019s ability to deliver, and customers\u2019 ability to generate, value from IonQ\u2019s offerings; changes in laws and regulations affecting IonQ\u2019s and its suppliers\u2019 businesses; IonQ\u2019s ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ\u2019s ability to effectively enter new markets; IonQ\u2019s ability to deliver services and products within currently anticipated timelines; IonQ\u2019s inability to attract and retain key personnel. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company\u2019s filings, including but not limited to those described in the \u201cRisk Factors\u201d section of IonQ\u2019s most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250709224251\/en\/<\/a><\/span><\/p>\n

IonQ Media Contact:
\n<\/b>
Jane Mazur
\n
press@ionq.com<\/a><\/p>\n

IonQ Investor Contact:
\n<\/b>
investors@ionq.co<\/a><\/p>\n

KEYWORDS:<\/b> Maryland South Korea United States North America Asia Pacific<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Defense Other Science Other Energy Government Technology Research Utilities Other Defense Contracts Alternative Energy Energy Automotive Semiconductor Science Other Technology Software General Automotive Networks Engineering Internet Hardware Automotive Manufacturing Manufacturing<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner IonQ\u2019s next-generation quantum system to support new research and cloud infrastructure in South Korea COLLEGE PARK, Md.–(BUSINESS WIRE)– IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the \u201cQuantum Computing Service and Utilization System Construction Project.\u201d This initiative marks a pivotal step toward establishing South Korea\u2019s first National Quantum Computing Center of Excellence. KISTI will lead the development and operation of a quantum computing service and research platform designed to support both academic and enterprise applications. KISTI has identified IonQ as … <\/p>\n

Continue reading “KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-867780","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nKISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kisti-secures-funding-for-national-quantum-center-of-excellence-names-ionq-as-primary-quantum-partner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner IonQ\u2019s next-generation quantum system to support new research and cloud infrastructure in South Korea COLLEGE PARK, Md.–(BUSINESS WIRE)– IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the \u201cQuantum Computing Service and Utilization System Construction Project.\u201d This initiative marks a pivotal step toward establishing South Korea\u2019s first National Quantum Computing Center of Excellence. 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