Yonsei University and KIST to Support Quantum Technology-Based Startups

Breaking Down Barriers Between Universities and Research Institutes
Building a Startup Ecosystem Based on Shared Quantum Computer Utilization

Yonsei University and the Korea Institute of Science and Technology (KIST) announced on July 29 that they have signed a memorandum of understanding (MOU) to foster a startup ecosystem centered on quantum computers.

KIST Kang Seonjun, Director of Technology Commercialization Office, and Yonsei University Jeong Jaeho, Head of Quantum Business Group (right in photo), are taking a commemorative photo after signing an MOU. Photo by Yonsei University

The Yonsei Institute of Convergence Science and Technology Quantum Business Group (headed by Jung Jaeho) and the KIST Technology Commercialization Office (headed by Kang Sungjoon) have agreed to establish a strategic cooperative framework through this agreement. The aim is to enable quantum technology-based startups to directly utilize quantum computers, thereby supporting technology advancement and practical application.

The two institutions plan to build a practical industry-academia-research cooperation model through the following initiatives: joint use of quantum computers to commercialize quantum technology achievements; joint discovery and support of startup companies; and operation of exchange and education programs for technical personnel.

This agreement breaks down barriers between universities and government-funded research institutes and provides quantum computer infrastructure to startups through shared resources.

Jung Jaeho, head of the Yonsei Quantum Business Group, stated, "Based on advanced research infrastructure such as the IBM 127-qubit quantum computer, meaningful collaboration among startups, research institutes, and universities will become possible. I hope this agreement becomes a key catalyst for expanding the domestic quantum technology ecosystem and serves as a significant example of industry-academia-research cooperation in the quantum computing field."

Kang Sungjoon, head of the KIST Technology Commercialization Office, commented, "This agreement offers deep-tech companies in the quantum technology sector the opportunity to directly utilize cutting-edge quantum computers. It is also a model case of breaking down barriers between government-funded research institutes and universities, and marks the beginning of cooperation to provide practical support for startup commercialization in the industry. We will actively support the establishment of an innovative startup ecosystem platform based on quantum computers."