LG Electronics will invest in French quantum computing startup Pasqal in an effort to accelerate the industrialization of quantum hardware.
According to the companies, the agreement will see the pair collaborate on two areas of R&D: quantum algorithms and neutral atom hardware technologies.
The quantum algorithms will be used to address LG’s industrial challenges, including multiphysics simulation, optimization, and material discovery, while the hardware exploration will focus on technologies supporting neutral-atom quantum computing infrastructure, such as optical and electronic components and modules.
“This partnership with LG Electronics represents a powerful convergence of quantum science and industrial expertise,” said Loïc Henriet, CEO of Pasqal. “Together, we will accelerate the deployment of industry-ready applications and bring quantum computing closer to solving real-world problems at scale.”
Seong-Hyok Sean Kim, senior research fellow, LG Electronics, added: “At LG Electronics, we are constantly pushing the boundaries of innovation to deliver transformative technologies. By investing in and collaborating with Pasqal, we are positioning ourselves at the forefront of quantum computing.”
While the financial terms of LG’s equity investment were not disclosed, Pasqal simultaneously announced it was committing $52 million to support its expansion into South Korea and accelerate the adoption of quantum computing across Asia-Pacific.
Supported by the Korean Ministry of Trade, Industry, and Energy and the Seoul Metropolitan Government under the Foreign Investment Promotion (FIP) Act, the terms of this agreement will see Pasqal deploy its neutral atom Quantum Processing Unit (QPU) in Seoul, in addition to creating more than 50 skilled jobs in the region.
In a statement, Pasqal said the expansion supports its global strategy to build a worldwide network of local R&D hubs, “leveraging government support and strong corporate partnerships to lead the quantum value chain.”
Pasqal was founded in 2019, and its co-founder, Professor Alain Aspect, was awarded a Nobel Prize in 2022 for his work on entangled photons. In January 2023, the company raised $108 million and has since gone on to install quantum computers in Saudi Arabia and Germany.
In June 2025, the startup announced it had sold a 100-qubit quantum processing unit (QPU) to Distriq, a ‘Quantum Innovation Zone’ based in Sherbrooke, Canada, and had also opened a manufacturing facility in the same city.
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