Pasqal to Invest $52M in South Korea Quantum Expansion with LG Electronics Partnership

October 29, 2025

Details

  • Pasqal, a European leader in neutral atom quantum computing, announced a $52 million investment to establish a major research and development hub in Seoul, South Korea, with the official launch set for October 29, 2025.
  • The initiative is supported by LG Electronics, Dunamu & Partners—the investment arm of Upbit—and key government bodies including the Korean Ministry of Trade, Industry and Energy and the Seoul Metropolitan Government.
  • Pasqal’s Seoul hub will create more than 50 specialized jobs focused on quantum algorithms and real-world applications, aiming to accelerate the adoption of neutral atom quantum technology in the region.
  • Strategic partnerships with LG Electronics and Dunamu & Partners, alongside public-sector backing, position Pasqal at the forefront of South Korea’s push to become a central player in the Asia Pacific’s quantum landscape.
  • The announcement closely follows Pasqal’s integration with NVIDIA’s quantum platform and underscores LG's ongoing investments across multiple quantum technologies, solidifying Seoul’s status as a growing quantum technology center.

Impact

Pasqal’s expansion highlights South Korea’s rising status as a quantum technology hub and reflects a broader surge in global interest and competition within Asia. By partnering with LG Electronics and leveraging robust government support, Pasqal is well-placed to spearhead quantum innovation in the region, strengthening global ties and setting the stage for advancements across sectors like manufacturing, logistics, and finance.

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