Insider Brief
- Korean quantum software firm ORIENTOM and Thai energy-solution company EQ Tech Energy signed an MOU to jointly develop a “Quantum Electric Grid” that applies quantum computing to power grid optimization.
- The collaboration focuses on using quantum algorithms to enhance grid simulation, operational efficiency, and cybersecurity, aiming to overcome limitations of conventional power infrastructure.
- The companies plan to expand their joint efforts into areas like smart grids, microgrids, and renewable energy integration, positioning themselves as leaders in quantum-powered energy systems.
- Image: EQ Tech’s Mr. Worawat Meevasana, CTO and Co-founder (Left) and Orientom’s Mr. Seung-Hyun AlfredBang, CEO at the signing ceremony. (Orientom conference room)
PRESS RELEASE — ORIENTOM (CEO Seung Hyun Bang), a Korean quantum software company, and EQ Tech Energy (CEO Surawee Linharatanaruk), a Thai energy-solution company using quantum technology, announced today that they have signed a memorandum of understanding (MOU) to develop and collaborate on the Quantum Electric Grid.
The Quantum Electric Grid presents a new power paradigm.
Orientom and EQ Tech will jointly develop power grid simulation and optimal distribution technology utilizing quantum computing technology to develop innovative solutions that go beyond the limitations of conventional power grids. The collaboration between the two companies is expected to build an energy optimization model that applies quantum algorithms and present a new paradigm for the domestic and international energy industry.
In particular:
- Operational Optimization calculates real-time power plant, electric vehicle, and storage operations to maximize efficiency.
- Simulation enhancement will enable complex power grid simulations with fast computation of tens of millions of scenarios.
- Security enhancement will lead the innovation of quantum electric grids by preventing hacking and enabling reliable communication with quantum cryptography.
It’s 2025, and quantum computing is entering the core infrastructure of the energy industry. The concept of a “Quantum Electric Grid” is moving from theory to reality, heralding a shift in the optimization, security, and efficiency of the power grid.
This collaboration marks an important milestone in maximizing the efficient operation of the grid and realizing the optimization of the global electricity supply chain.
“By leveraging the computational power of quantum computing, complex grid data analysis and optimal routing can be performed in real time,” said Seung-Hyun Bang, CEO of Orientom. By jointly applying quantum-machine learning optimization algorithms, Orientom and EQ Tech Energy will maximize the efficiency of power grid operations while building a system that can flexibly respond to the constantly changing energy supply and demand.”
This collaboration will position both companies as leaders in power optimization using quantum computing, further strengthening their position in the global market. In the future, the two companies plan to expand their business into various energy sectors such as smart grids, microgrids, and renewable energy integration, leading the way in sustainable energy innovation.
“Quantum technology is a key pillar of the next generation of energy infrastructure, along with AI and IoT,” said Surawee Linharatanaruk, CEO of EQ Tech Energy. “By the mid-2030s, quantum electric grids will be commercially available in major countries.”
“Through our collaboration, our goal is to make quantum electric grid technology a reality and revolutionize power grids around the world. We will create a new paradigm that goes beyond traditional energy management systems.”
