ID Quantique


SK Telecom to invest further $65 million in ID Quantique

South Korean telecommunications provider, SK Telecom, has extended its partnership with ID Quantique, with the former investing $65 million in the latter.

The relationship between the two companies began a number of years ago and has subsequently grown, with an investment in 2016 from the provider of US$ 2 million. In 2017 it developed the world’s smallest (5x5mm) Quantum Random Number Generator based on technology and know-how licensed from IDQ and as part of this additional investment, SK Telecom’s quantum laboratory and activities will become part of IDQ.


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