Insider Brief
- Pasqal and LG Electronics have formed a strategic partnership supported by an equity investment from LG to co-develop quantum algorithms and core technologies for neutral atom quantum computing.
- The collaboration will focus on industrial applications such as multiphysics simulation, optimization, and materials discovery, as well as joint exploration of enabling components and modules for Pasqal’s room-temperature neutral atom systems.
- The agreement aims to accelerate the industrialization of quantum hardware and software, leveraging LG’s manufacturing expertise and Pasqal’s quantum technology to strengthen the quantum computing supply chain.
PRESS RELEASE – Pasqal, Europe’s leading neutral atom quantum computing company, today announces a strategic partnership with LG Electronics, the global leader in appliances and consumer electronics. The collaboration is underpinned by an equity investment from LG Electronics in Pasqal and marks a significant step toward advancing quantum computing to real-world industrial applications.
The partnership will focus on two key areas of collaboration:
- Quantum algorithms for industrial challenges: Pasqal and LG Electronics will co-develop quantum algorithms to address some of LG’s most complex business challenges, including multiphysics simulation, optimization, and material discovery. These efforts aim to unlock new efficiencies, accelerate innovation, and enable breakthroughs in product design and performance.
- Core technologies for neutral atom quantum computing: the two companies will also jointly explore collaboration opportunities in enabling technologies across the quantum computing value chain such as optical and electronic components and modules that form the backbone of neutral atom quantum computing infrastructure.
Neutral atom quantum computers use individual atoms trapped by laser light as quantum bits, operating at room temperature. This collaboration will accelerate the industrialization of quantum hardware and strengthen the global supply chain for critical quantum technologies.
“This partnership with LG Electronics represents a powerful convergence of quantum science and industrial expertise. Together, we will accelerate the deployment of industry-ready applications and bring quantum computing closer to solving real-world problems at scale,” said Loïc Henriet, CEO of Pasqal.
“At LG Electronics, we are constantly pushing the boundaries of innovation to deliver transformative technologies. By investing in and collaborating with Pasqal, we are positioning ourselves at the forefront of quantum computing,” said Seong-Hyok Sean Kim, Senior Research Fellow (VP) of LG Electronics.
The strategic partnership is expected to accelerate product development and industrialization of quantum computers, while also paving the way for industry-ready applications that will benefit multiple sectors. By combining Pasqal’s pioneering neutral atom quantum technology with LG Electronics’ global industrial leadership, the two companies aim to establish themselves as leaders across the quantum computing value chain and to accelerate the broader market adoption of quantum computers.
