Korea-Australia Host Business Roundtable to Strengthen Bilateral Quantum Technology Cooperation

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  • A delegation of Australian quantum companies visited Korea to discuss joint R&D and commercialization in quantum computing, communication, and sensing.
  • Officials from Austrade and the Korea Quantum Industry Association emphasized complementary strengths — Australia’s research leadership and Korea’s industrialization expertise — as the basis for deeper cooperation.
  • The event included presentations, roundtables, and one-on-one meetings, where participants proposed joint projects on quantum chip development, secure communications, sensing, and international technical standards.

PRESS RELEASE — The Korea Quantum Industry Association (KQIA) and the Australian Trade and Investment Representative Office (Austrade) at the Australian Embassy in Korea jointly hosted the ‘Korea-Australia Quantum Technology Business Roundtable’ with major domestic companies and institutions including Orientom, LG Electronics, and Noruma. They engaged in in-depth discussions on strengthening international cooperation and advancing industrialization in the quantum technology sector.

This meeting served as an official event where a delegation of Australian quantum companies visited Korea to engage directly with the Korean quantum industry. Key agenda items included joint research and development (R&D) and commercialization efforts in cutting-edge quantum technology fields such as quantum computing, quantum communication, and quantum sensing.

Vivian Lim, Head of the Australian Trade and Investment Commission (Austrade) at the Australian Embassy in Korea, emphasized strengthening bilateral technology cooperation between Australia and Korea in her opening remarks. She introduced Austrade’s role as an Australian government agency connecting Australia’s innovation and research capabilities with global partners, supporting Australian companies’ overseas expansion, and attracting Korean investment into Australia.

Introducing TQI 2.0Introducing TQI 2.0

He also stated, “Australia has established itself as a leader in quantum technology, leveraging its world-class research capabilities and vibrant startup ecosystem. Korea, too, continues to expand its R&D investment, particularly in cutting-edge industries such as semiconductors, batteries, and biotechnology.” He added, “We look forward to exploring opportunities for collaboration between research and industry, joint R&D, and commercialization, building on the complementary strengths of both nations.”

At the event, Chairman AlfredBang, President of the Korea Quantum Industry Association (KQIA) and CEO of Orientom, delivered a keynote presentation titled “Korea’s Quantum Industry Ecosystem and Global Trends.”

Chairman Bang stated, “Korea is rapidly expanding its quantum industry ecosystem based on semiconductor and telecommunications technology. Cooperation with Australia will play a crucial role in the global advancement and industrialization of Korean quantum technology.”

Following this, Dr. Ryan Kim from the Global Cooperation Team at the Technology Information Promotion Agency (TIPA) introduced the Ministry of SMEs and Startups’ Global Joint R&D Program.

Dr. Kim stated, “The government operates various international cooperation programs to enable SMEs to develop innovative technologies in collaboration with overseas research institutions and global partners,” adding, “We expect this Korea-Australia cooperation to contribute to strengthening the technological competitiveness of SMEs and expanding their entry into global markets.”

During the roundtable discussion session, participants included Orientom, LG Electronics, Qunova, Noruma, ID Ventures, Isotech, Quantum Enhancement, EM&I, and Danal. From the Australian delegation, CSIRO, the University of New South Wales (UNSW), the University of Sydney, RMIT University, Macquarie University, and the University of Technology Sydney (UTS), among other universities and companies, participated.

The technological capabilities and research fields of individual Korean companies and research institutions were introduced, and discussions were held on key challenges and policy issues in the industrialization process of quantum technology.

Participants in the discussion proposed specific cooperation projects between the two countries, focusing on quantum computer applications, quantum chip development, quantum secure communications, sensor commercialization, and international technical standardization cooperation.

During the subsequent networking session and one-on-one business meetings, in-depth discussions took place between companies from both countries regarding joint research and development, technology exchange, and investment cooperation. Practical consultations were held between some companies regarding the future signing of MOUs and the promotion of joint projects.

An official from the Australian Trade and Investment Commission (Austrade) stated, “Australia is expanding its investment to build a world-class quantum technology research base, while Korea possesses strong industrialization capabilities and manufacturing and application technologies.” They added, “Through this meeting, the two countries can establish a mutually complementary cooperative framework and lead the development of the global quantum ecosystem.”

Alfred Bang, Chairman of the Korea Quantum Industry Association (KQIA), stated, “This event is a meaningful occasion to promote joint research and development and commercialization of quantum technology, as well as to expand the global reach of small and medium-sized enterprises.” He added, “Through close cooperation between industry, academia, and government, we will strive to enable Korea and Australia to grow into global leaders in quantum technology.”

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MENTIONED IN THE ARTICLE

Orientom
Enterprise UserSouth Korea · 11-50 FTEs

Orientom develops application software and middleware that enable the use of quantum computing in fields such as finance, climate prediction, transportation, and energy management. The company works with industry and academic partners to explore practical applications of quantum algorithms.

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LG Electronics
InvestorSouth Korea · 10001+ FTEs

LG Electronics Inc is a company based in South Korea that manufactures a diverse array of electronic goods. It operates across several business segments, including home entertainment, mobile communications, home appliances and air solutions, vehicle components, business solutions, and Innotek. The home entertainment segment focuses on producing and selling TVs and digital media products, while the mobile communications segment deals with mobile communication equipment. The home appliance and air solutions segment is involved in the production and sale of products like washing machines and refrigerators. The vehicle components segment is responsible for designing and producing vehicle parts. The business solutions segment engages in manufacturing and selling products such as PCs and solar panels. Innotek specializes in the sale of substrates, sensors, and related items. Notably, the primary sources of revenue for the company are the home entertainment and home appliance and air solutions segments.

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Qunova Computing
CompanySouth Korea · 11-50 FTEs

Qunova’s mission is to make quantum computing more accessible to scientists and engineers striving to solve the critical challenges that humanity faces, and open innovative new horizons.

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Commonwealth Scientific and Industrial Research Organisation
GovernmentAustralia · 5001-10000 FTEs

The CSIRO, which is an agency of the Australian Government, is in charge of conducting scientific research. This organization collaborates with prominent institutions worldwide.

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University of New South Wales
UniversityAustralia · 5001-10000 FTEs

The University of New South Wales, often referred to as UNSW Sydney, is a public research university situated in Sydney, New South Wales, Australia. It was established on July 1, 1949. It stands as one of the original members of the Group of Eight, a consortium of research-focused Australian universities. UNSW, founded in 1949, holds the status of a research-focused university.

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University of Sydney
UniversityAustralia · 5001-10000 FTEs

The University of Sydney, commonly referred to as Sydney University or Sydney Uni, is a public research university situated in Sydney, Australia. Established in 1850, it holds the distinction of being Australia's oldest university and is among the six renowned sandstone universities in the country.

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