South Korean company SDT, a specialist in quantum standard technology, has secured a significant investment of 100 billion won from Shin Hventure, bringing its total investment to 200 billion won. This funding will enable SDT to commercialize quantum computers in Korea and build quantum computing data centers for cloud services.
The company plans to develop a three-dimensional array by the first half of 2025 and a 64-cubit superconductor quantum computer by the first half of 2026. SDT is working with esteemed institutions such as Seoul National University and the Korea Institute of Science and Technology to develop quantum technology based on silicon spin and diamond nitrogen void methods. Seo Jae-ho, Shin Hancher, expressed enthusiasm for SDT’s potential in both domestic and overseas markets. Yoon Ji-won, CEO of SDT, emphasized the company’s role in building a Korean quantum computing ecosystem, stating that “quantum engineering can no longer stay in the realm of science and create real value across the industry.”
Quantum Computing Breakthrough: SDT Secures $100 Billion Pre-IPO Investment
The South Korean company, SDT, has made a significant breakthrough in the field of quantum computing by securing a massive $100 billion pre-IPO investment from Shin Hventure. This investment is part of a larger plan to attract a total of $200 billion in funding, with the remaining $100 billion coming from non-Korean overseas companies and existing shareholders.
SDT is a pioneer in the development of equipment that controls quantum entanglement and overlap, key technologies in the manufacturing of quantum computers. As a representative of Korea’s domestic quantum industry ecosystem, SDT has been at the forefront of advancing quantum computing capabilities.
With this investment, SDT plans to commercialize quantum computers in Korea, partnering with government municipalities to build quantum computing data centers for cloud services. In collaboration with the Korea Institute of Technology and Korea (KISTI), SDT will release Korean quantum computing cloud services. Additionally, the company is working with Seoul National University and the Korea Institute of Science and Technology (KIST) to develop a quantum treatment plant based on silicon spin and diamond nitrogen void (NV) method quantum technology.
Quantum Computing Roadmap: Ambitious Targets for 2025-2027
SDT has outlined an ambitious roadmap for the development of its quantum computing capabilities. By the first half of 2025, the company plans to complete a three-dimensional (3D) array that will serve as the basis for neutron quantum computers. This will be followed by the development of a 64-cubit superconductor quantum computer in the first half of 2026.
In the first half of 2027, SDT aims to move into the challenge resolution phase for the development of Guangdong Ritour (PIC) quantum computers. These targets demonstrate the company’s commitment to pushing the boundaries of quantum computing and establishing itself as a leader in this field.
The Significance of SDT’s Breakthrough
SDT’s success in securing significant investment is not only a testament to its proven capabilities in manufacturing quantum-com equipment but also a reflection of the growing recognition of the potential of quantum engineering. As Yoon Ji-won, CEO of SDT, noted, “It’s great that it has shown that quantum engineering can no longer stay in the realm of science and create real value across the industry.”
This breakthrough is expected to have far-reaching implications for the development of Korea’s quantum computing ecosystem. With its expertise in manufacturing equipment that controls quantum entanglement and overlap, SDT is well-positioned to play a leading role in building this ecosystem.
The success of SDT serves as a catalyst for further innovation and collaboration in the field of quantum computing. As Seo Jae-ho Shin Hancher noted, “I look forward to expressing possibilities not only in the country but also in overseas markets.” This investment is expected to pave the way for increased collaboration between Korean companies and international partners, driving progress in the development of quantum computing capabilities.
As SDT continues to push the boundaries of what is possible with quantum computing, its success will have a ripple effect, inspiring further innovation and investment in this field. The company’s commitment to building a Korean quantum computing ecosystem will have far-reaching implications for the development of this technology, both domestically and internationally.
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