BTQ Technologies has signed a Memorandum of Understanding with ITCENGLOBAL, a Korean IT group reporting consolidated revenue of approximately KRW 8.9 trillion for the 2025 fiscal year. The collaboration will integrate post-quantum cryptography and secure authentication for critical infrastructure across Korea, including financial networks, biometric authentication, and public-sector systems. This work focuses on areas where quantum-resistant security is increasingly important, with ITCEN PNS, ITCENGLOBAL’s security platform subsidiary listed on KOSDAQ: 232830, playing a key role in deployment.
ITCENGLOBAL and BTQ Technologies’ KRW 8.9 Trillion Post-Quantum Security MOU
ITCENGLOBAL’s scale as a Korean IT group, reporting approximately KRW 8.9 trillion in consolidated revenue for the 2025 fiscal year, underscores the significant financial investment backing this new post-quantum security initiative. The memorandum of understanding between ITCENGLOBAL and BTQ Technologies establishes a collaborative framework designed to fortify critical infrastructure against future threats from quantum computing, leveraging the strengths of both organizations.
This validation is a crucial prerequisite for supplying cryptographic products to Korean government and public institutions, demonstrating a proactive approach to quantum-resistant security. The partnership will specifically target vulnerabilities within financial networks, digital identity systems, biometric authentication protocols, and security for both public-sector and enterprise platforms.
BTQ Technologies, traded on the Nasdaq as BTQ and the CBOE CA as BTQ, brings its expertise in post-quantum cryptography and hardware-rooted security architectures to the collaboration. “ITCENGLOBAL is one of Korea’s most significant technology groups, with deep relationships across public-sector, financial, and enterprise infrastructure,” said Olivier Roussy Newton, CEO and Chairman of BTQ Technologies. The strategic rationale centers on combining BTQ’s technological capabilities with ITCEN PNS’s certified products and established delivery channels within Korea, accelerating the adoption of quantum-safe technologies.
ITCEN PNS has already demonstrated practical implementation of post-quantum cryptography in live financial environments, and this collaboration reflects that experience. Won-gyu Park, Chief Executive Officer of ITCEN PNS, explained, “ITCEN PNS is focused on building security platforms for public institutions, financial organizations, and enterprise customers.” He added that as organizations prepare for the post-quantum transition, technical credibility and implementation experience will be critical.
The MOU outlines plans to evaluate opportunities for integrating, testing, and commercializing quantum-safe security solutions, including secure financial communications and blockchain security, reflecting BTQ’s broader strategy of partnering with regional leaders to access key deployment environments. The agreement signifies a commitment to building trusted quantum technologies for essential systems, positioning both companies to secure Korea’s digital future.
ITCENGLOBAL is one of Korea’s most significant technology groups, with deep relationships across public-sector, financial, and enterprise infrastructure.
Olivier Roussy Newton, CEO and Chairman of BTQ Technologies
See today’s quantum computing news on Quantum Zeitgeist for the latest breakthroughs in qubits, hardware, algorithms, and industry deals.
