COLLEGE PARK, MD - February 9, 2024 - IonQ (NYSE: IONQ), a leader in the quantum computing industry, signed a Memorandum of Understanding (MoU) with Seoul National University’s Center for Quantum Information Science Education (CQISE) to promote workforce development in quantum information, communication science, and technology. Today’s agreement is the latest in a series of South Korean initiatives aimed at developing the country’s burgeoning quantum computing industry.

IonQ and CQISE’s goal is to establish educational and joint research programs that enable academia and industry professionals to actively respond to the evolving demands of industry sectors. Details of the agreement include mutual personnel exchange to improve the quality of bilateral cooperation, joint research, and internship development for quantum-related activities.

Taehyun Kim, director of the Research Center for Quantum Science & Technology at Seoul National University, said, "The educational and research collaboration with IonQ, a leader in the global quantum computer market, is expected to open new horizons in quantum computing research and education at Seoul National University, and it will greatly contribute to the vitalization of the domestic quantum computing field."

“We are excited about IonQ’s partnership with Seoul National University to provide cutting-edge resources that will help position Korea as a leader in creating a quantum-driven economy of the future,” said Jungsang Kim, Co-Founder and Chief Technology Officer of IonQ.

Today’s agreement follows a similar MoU IonQ signed in June of last year with South Korea’s Ministry of Science and ICT (Information and Communications Technology), to educate quantum science and technology professionals across the region and promote the creation of a local quantum ecosystem. Both these announcements, along with IonQ’s collaboration with QuantumBasel in Switzerland, demonstrate IonQ’s dedication to growing quantum ecosystems through pioneering research, technology, and innovative solutions.