Defense Contractor LIG Nex1 to Conduct Basic Research on Quantum Technology with South Korea Advanced Institute of Science & Technology
(AjuDaily) LIG Nex1, a defense contractor in South Korea, tied up with a state research university to secure future defense capabilities based on quantum technology that could have significant implications for security touching everything from extremely secure communications to the better detection of aircraft and submarines.
LIG Nex1 said it has signed a memorandum of understanding with the Korea Advanced Institute of Science & Technology (KAIST) to carry out joint research on quantum computing, quantum cryptography and quantum imaging. Quantum computing enables the high-speed processing of large-scale battlefield information and improves the reliability and accuracy of surveillance reconnaissance systems.
South Korean companies have tried to lead the standardization of quantum cryptographic communication technology. KT, a major telecom company in South Korea, has been selected for a project led by the Korea Information Society Agency (NIA) to set up and test a quantum cryptography network that will be utilized as a testbed to demonstrate new information and communication technology as well as other communication equipment.