BTQ has signed a $15 million development and co-investment agreement with ICTK to co-develop quantum-secure component chip "Quantum Computing in Memory" (QCIM). The two agreements cover the joint design through certification and BTQ's equity investment, with ICTK providing physical cost sharing and priority manufacturing capabilities.
The collaboration aims to counter the growing cyber security threats in the age of quantum computing, with a particular focus on protecting digital assets and stablecoin markets. In addition, the collaboration complements South Korea's efforts to accelerate the deployment of quantum security technologies in the defense, finance, and communications sectors, enhancing the speed of commercialization and strategic autonomy of quantum security technologies.
BTQ and ICTK sign $15 million quantum security chip development and joint investment agreement
2025-10-27 11:42:54
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