Quantum Computing

POSCO Holdings Collaborates with PASQAL to Develop Quantum Computing Technology

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Insider Summary

  • POSCO Holdings New Experience of Technology Hub plans to conduct research and development of quantum AI algorithms together with PASQAL.
  • The companies will focus their capabilities on developing innovative technologies such as optimizing the hydrogen reduction steel (HyREX) manufacturing process and developing secondary battery materials.
  • Critical Quote: “We hope to secure quantum computing technology through cooperation with PASQAL and utilize quantum computing technology for the group’s main business, steelmaking, and the development of environmentally friendly future material technologies.” — Kim Ji-Yong, head of POSCO Holdings’ New Experience Technology Center and CTO of POSCO Group.

PRESS RELEASE — POSCO Holdings announced a collaboration with French company PASQAL in developing quantum computing technology, anticipating the development of innovative technologies required for the group’s future business growth. Quantum computers have demonstrated their ability to perform calculations beyond existing supercomputers. After completing commercial development, this innovative technology is expected to solve humanity’s most pressing challenges.

PASQAL is a leading French company specializing in the development of quantum computers, co-founded by Alain Aspect, professor at the University of Paris-Saclay and winner of the Nobel Prize in Physics in 2022, and an expert in hardware and software for quantum computers.

POSCO Holdings New Experience of Technology Hub plans to conduct research and development of quantum AI algorithms together with PASQAL. The two companies plan to focus their capabilities on developing innovative technologies such as optimizing the hydrogen reduction steelmaking (HyREX) process and developing secondary battery materials by combining POSCO Group’s AI technology and PASQAL’s quantum computer technology.

Quantum computers can perform calculations faster than conventional computers by using quantum physical properties that cannot be explained by classical physics, such as particles that have two properties at once (e.g. having one atom in two energy states at the same time), and two particles that are connected to the same state faster than the speed of light.

Quantum computers, once developed commercially, are expected to become key technologies that not only solve energy, food and human health problems that supercomputers cannot solve, but also bring about innovations in areas such as automobiles, chemistry, medicine, logistics, etc. other. finance.

“Quantum computers have the potential to implement computational tasks that are difficult to solve in classical ways,” said Georges-Oliver Reymond, CEO of PASQAL.

Kim Ji-Yong, head of New Experience Center for Technology POSCO Holdings and CTO of POSCO Group emphasized, “We hope to secure quantum computing technology through cooperation with PASQAL and leverage quantum computing technology for the group’s core business, steelmaking and environmental friendliness. development of environmentally friendly future material technologies.”

The two companies plan to hold regular technology exchanges in the future and strengthen their technological competitiveness by solving problems to help achieve a sustainable future for mankind.

Meanwhile, the POSCO Holdings consortium was selected as the national project in April by suing the Korean Quantum Computing-based Quantum Excellence Challenge Research Project of the Korea National Research Foundation. The POSCO Holdings consortium plans to develop technology that improves the accuracy of analyzing material characteristics such as solid electrolytes and reduces the time needed to use a quantum computer after receiving 2.75 billion won from the Ministry of Science and ICT over three years.

To learn more about PASQAL, visitwww.pasqal.com.

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