Latest news with #MegazoneCloud
Yahoo
7 days ago
- Business
- Yahoo
KISTI Secures Funding for National Quantum Center of Excellence; Names IonQ as Primary Quantum Partner
IonQ's next-generation quantum system to support new research and cloud infrastructure in South Korea COLLEGE PARK, Md., July 09, 2025--(BUSINESS WIRE)--IonQ (NYSE: IONQ), a leading commercial quantum computing and networking company, today extended its congratulations to the Korea Institute of Science and Technology Information (KISTI) on securing a multi-million dollar government award through the "Quantum Computing Service and Utilization System Construction Project." This initiative marks a pivotal step toward establishing South Korea's first National Quantum Computing Center of Excellence. KISTI will lead the development and operation of a quantum computing service and research platform designed to support both academic and enterprise applications. KISTI has identified IonQ as the primary quantum technology provider for the project, alongside Megazone Cloud, one of South Korea's leading cloud service and infrastructure providers. Under an expected contract to be concluded with KISTI, IonQ expects to deliver an advanced 100-qubit quantum system for the initiative, to enable leading edge research and industrially relevant quantum computing capabilities. Together, IonQ and KISTI intend to develop a hybrid quantum-classical execution environment, integrating next-generation quantum systems into a private cloud for remote access. "We will be honored to support KISTI's pioneering efforts to establish a world-leading quantum service infrastructure in Korea," said Niccolo de Masi, CEO of IonQ. "This project is a significant investment in Korea's research and innovation ecosystem, and we are proud to have been identified by KISTI to provide the technology and expertise to help realize its full potential." "Thanks to the partnership with IonQ, we expect to accumulate experience in the operation, service, and utilization of quantum platforms nationwide," said Dr. Sik Lee, KISTI President. "We will also strive to contribute to the development of quantum computer utilization research and the industrial ecosystem in Korea." This announcement builds on IonQ and KISTI's ongoing collaboration, including a recently signed memorandum of understanding (MoU) to jointly advance South Korea's leadership in the global quantum economy. IonQ also continues to expand its footprint in the region through its work with Hyundai, SKT, Intellian Technologies and leading academic institutions such as Seoul National University and Sungkyunkwan University. About IonQ IonQ, Inc. [NYSE: IONQ] is a leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world's most complex problems. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results. The company is accelerating its technology roadmap and intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ's advancements in quantum networking also positions the company as a leader in building the quantum internet. The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words "will," "expected," "expects," "intend to," "continues" and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ's delivery of quantum computing capabilities for the referenced project; IonQ's and KISTI's expected work together on the project; KISTI and IonQ entering into a binding agreement related to the referenced project; the expected benefits of IonQ's quantum computing capabilities; and KISTI and IonQ entering into a binding contract related to the referenced project. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; changes in laws and regulations affecting IonQ's and its suppliers' businesses; IonQ's ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; IonQ's ability to effectively enter new markets; IonQ's ability to deliver services and products within currently anticipated timelines; IonQ's inability to attract and retain key personnel. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company's filings, including but not limited to those described in the "Risk Factors" section of IonQ's most recent periodic financial report (10-Q or 10-K) filed by IonQ with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future. View source version on Contacts IonQ Media Contact: Jane Mazurpress@ IonQ Investor Contact: investors@ Sign in to access your portfolio
Yahoo
08-07-2025
- Business
- Yahoo
MegazoneCloud and Classiq Sign MOU for Quantum Computing Collaboration
Strategic partnership formed during Quantum Korea 2025 to advance education, commercialization, and technical integration Classiq and MegazoneCloud Sign MOU SEOUL, South Korea, July 01, 2025 (GLOBE NEWSWIRE) -- MegazoneCloud (Chairman Joo-Wan Lee), an AWS Cloud MSP and leader in the Korean cloud market, and Classiq Technologies, the leading quantum software company, today announced that they signed a Memorandum of Understanding (MOU) during Quantum Korea 2025 (June 24–26 at aT Center, Seoul). This strategic partnership aims to accelerate the commercialization of quantum technologies through joint initiatives such as: co-developing quantum education programs in Korea, designing and executing customer-focused pilot projects, and exploring technical integrations for hybrid computing environments. Classiq is known for its advanced quantum software development platform, which includes the Qmod quantum modeling language, deep compilation technology that optimizes quantum circuits and ensures compatibility across gate-based quantum hardware options. The Classiq platform simplifies efficient design of complex quantum programs through high-level abstracted development and enables a broader range of users, including non-specialists, to build and deploy optimized quantum applications. As the number of physical qubits in quantum hardware scales significantly over the next few years, Classiq's model-first technology is increasingly seen as key to enabling practical quantum computing. This partnership aligns closely with MegazoneCloud's ongoing strategy to become Asia's leading quantum cloud service hub. The company already supports Korean enterprises with access to AWS Braket, providing practical applications across quantum AI, optimization, and chemistry. The addition of Classiq's powerful development tools and design platform is expected to further accelerate the creation of industry-ready quantum solutions. Brad Kim, Chief Quantum Officer at MegazoneCloud, commented, 'Our collaboration with Classiq marks an important step toward making quantum computing more accessible and impactful across industries. By equipping our customers with intuitive tools for quantum algorithm design, MegazoneCloud will continue to strengthen its position as the go-to quantum cloud platform in the Asian market.' Nir Minerbi, Co-founder and CEO of Classiq, stated, 'We're partnering with MegazoneCloud to bring intuitive and scalable quantum development technology to the Korean market. Through this collaboration, we aim to enhance the practical value of quantum technologies across industries and jointly prepare for the rapidly approaching era of powerful quantum computing.' The two companies will continue exploring tangible opportunities for cooperation in areas such as education, proof-of-concept projects, and technical alignment. Joint activities under discussion include industry-driven PoCs, customized client workshops, and ecosystem engagement through local and global developer communities. Quantum Korea 2025, hosted by Korea's Ministry of Science and ICT, is the country's largest quantum technology event. It serves as a global platform for collaboration between leading companies and research institutions. This agreement not only reinforces the growing ties between Korea and Israel in quantum technology, but also marks a significant step toward expanding quantum innovation across the broader Asian region. About ClassiqClassiq Technologies, the leading quantum software company, provides a high-level quantum development platform (IDE, compiler and OS) that automates quantum programming, allowing enterprises and researchers to build sophisticated quantum applications without requiring deep quantum expertise. The Classiq platform leverages proprietary algorithmic quantum circuit compilation technology to quickly synthesize quantum circuits with millions of gates enabling sophisticated quantum programs to scale effortlessly and run on any quantum computer. Classiq is at the forefront of enabling the quantum computing revolution. Follow Classiq on LinkedIn, X or YouTube, visit the Slack community, GitHub repository and to learn more. About MegazoneCloudMegazoneCloud is a leading AI and cloud-native company, home to over 2,000 cloud and AI technology experts. As a trusted digital transformation (DX) partner to more than 7,000 clients worldwide, MegazoneCloud empowers innovation and growth through strategic alliances with major global and domestic cloud service providers (CSPs). The company also collaborates with over 140 independent software vendors (ISVs) and offers a suite of proprietary cloud, AI, and security solutions. Under its vision of "Transform Tomorrow, Together", MegazoneCloud is committed to building future-ready competitiveness for its customers—powered by cutting-edge technology, data, and the passion of its people. With local operations in nine countries, including Korea, North America, Japan, Southeast Asia, and Oceania, the company continues to grow alongside its global partners and clients. To learn more, visit: A photo accompanying this announcement is available at CONTACT: Media Contacts Rainier Communications on behalf of Classiq Michelle Allard McMahon and Emma Gielata classiqPR@ MegazoneCloud Jieun Lee jieunlee@
Malaysian Reserve
11-06-2025
- Business
- Malaysian Reserve
MegazoneCloud Wins 2025 Datadog Partner Network (DPN) Partner of the Year
SEOUL, South Korea, June 10, 2025 /PRNewswire/ — MegazoneCloud, a leading AI and cloud technology company has been recognized as the 2025 Datadog Partner Network (DPN) Partner of the Year for APAC by the monitoring and security platform for cloud applications Datadog, Inc. (NASDAQ: DDOG). The announcement comes ahead of the 8th annual DASH conference, hosted by Datadog in New York City. The DPN award winners were chosen based on a comprehensive set of criteria, including revenue growth, delivery capabilities across products and services, and overall contribution to customer success. Over the past year, MegazoneCloud has nearly doubled its Datadog-related revenue and expanded its dedicated technical team to more than 20 professionals. The company has also strengthened its capabilities across sales, engineering, technical support, marketing, and cost optimization—playing a key role in Datadog's growth in the Asia-Pacific region. Datadog recognized MegazoneCloud for its sustained business momentum and strong collaboration with customers, naming it the top-performing partner in APAC for 2025. 'We are pleased to recognize MegazoneCloud as our DPN Partner of the Year for APJ,' said Jarrod Buckley, Vice President, Channels & Alliances at Datadog. 'MegazoneCloud has made significant investments in their Datadog practices, consistently delivered successful outcomes for our joint customers, and achieved outstanding business results.' Inchul Hwang, Chief Revenue Officer at MegazoneCloud, added, 'We're honored to be recognized for the outcomes of our ongoing technical collaboration with Datadog, which has helped enterprises in Korea and globally enhance their monitoring and security capabilities in cloud environments. Moving forward, we'll continue to actively support our customers by breaking down silos and fostering a collaborative culture that drives the broad adoption of AI and cloud technologies—powered by Datadog's unified observability platform.' About MegazoneCloud MegazoneCloud is a leading AI and cloud-native company, home to over 2,000 cloud and AI technology experts. As a trusted digital transformation (DX) partner to more than 7,000 clients worldwide, MegazoneCloud empowers innovation and growth through strategic alliances with major global and domestic cloud service providers (CSPs). The company also collaborates with over 140 independent software vendors (ISVs) and offers a suite of proprietary cloud, AI, and security solutions. Under its vision of 'Transform Tomorrow, Together', MegazoneCloud is committed to building future-ready competitiveness for its customers—powered by cutting-edge technology, data, and the passion of its people. With local operations in nine countries, including Korea, North America, Japan, Southeast Asia, and Oceania, the company continues to grow alongside its global partners and clients. To learn more, visit: .
Yahoo
10-06-2025
- Business
- Yahoo
MegazoneCloud Wins 2025 Datadog Partner Network (DPN) Partner of the Year
SEOUL, South Korea, June 10, 2025 /PRNewswire/ -- MegazoneCloud, a leading AI and cloud technology company has been recognized as the 2025 Datadog Partner Network (DPN) Partner of the Year for APAC by the monitoring and security platform for cloud applications Datadog, Inc. (NASDAQ: DDOG). The announcement comes ahead of the 8th annual DASH conference, hosted by Datadog in New York City. The DPN award winners were chosen based on a comprehensive set of criteria, including revenue growth, delivery capabilities across products and services, and overall contribution to customer success. Over the past year, MegazoneCloud has nearly doubled its Datadog-related revenue and expanded its dedicated technical team to more than 20 professionals. The company has also strengthened its capabilities across sales, engineering, technical support, marketing, and cost optimization—playing a key role in Datadog's growth in the Asia-Pacific region. Datadog recognized MegazoneCloud for its sustained business momentum and strong collaboration with customers, naming it the top-performing partner in APAC for 2025. "We are pleased to recognize MegazoneCloud as our DPN Partner of the Year for APJ," said Jarrod Buckley, Vice President, Channels & Alliances at Datadog. "MegazoneCloud has made significant investments in their Datadog practices, consistently delivered successful outcomes for our joint customers, and achieved outstanding business results." Inchul Hwang, Chief Revenue Officer at MegazoneCloud, added, "We're honored to be recognized for the outcomes of our ongoing technical collaboration with Datadog, which has helped enterprises in Korea and globally enhance their monitoring and security capabilities in cloud environments. Moving forward, we'll continue to actively support our customers by breaking down silos and fostering a collaborative culture that drives the broad adoption of AI and cloud technologies—powered by Datadog's unified observability platform." About MegazoneCloud MegazoneCloud is a leading AI and cloud-native company, home to over 2,000 cloud and AI technology experts. As a trusted digital transformation (DX) partner to more than 7,000 clients worldwide, MegazoneCloud empowers innovation and growth through strategic alliances with major global and domestic cloud service providers (CSPs). The company also collaborates with over 140 independent software vendors (ISVs) and offers a suite of proprietary cloud, AI, and security solutions. Under its vision of "Transform Tomorrow, Together", MegazoneCloud is committed to building future-ready competitiveness for its customers—powered by cutting-edge technology, data, and the passion of its people. With local operations in nine countries, including Korea, North America, Japan, Southeast Asia, and Oceania, the company continues to grow alongside its global partners and clients. To learn more, visit: . View original content to download multimedia: SOURCE MegazoneCloud Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
