IonQ Announces Key Involvement at Seattle’s Northwest Quantum Nexus Summit 2023, Shares Vision for New Seattle-Area Campus

  • IonQ executives and leadership will lead sessions on building the future of quantum computers in the Pacific Northwest

  • IonQ will also host a hackathon to explore the limits of running programs on IonQ quantum hardware

COLLEGE PARK, Md., January 23, 2023–(BUSINESS WIRE)–Today, IonQ (NYSE: IONQ), an industry leader in quantum computing, announced its participation in the two-day Northwest Quantum Nexus (NQN) Summit at the University of Washington’s Seattle campus from January 23-24 , where the company will present to the top quantum computing professionals and educators in the Pacific Northwest and host a hackathon in partnership with Microsoft. The NQN Summit brings together speakers from industry, academia, and government to advance the science, workforce development, and economic impact of quantum computing.

At NQN, IonQ will discuss its recent innovations in quantum computing hardware and software, as well as how future investments in innovation will drive the industry forward.

  • IonQ President and CEO Peter Chapman will speak about building the next generation of quantum computers in the Pacific Northwest, following the recent announcement of a new 65,000 square foot quantum computing manufacturing facility that it will open in Bothell, Wash.

  • IonQ VP Financial Planning and Analysis and Head of Corporate Development, Jordan Shapiro, will moderate a panel on venture investing in quantum and scaling deep technology startups.

  • IonQ Technical Director of Quantum Partnerships and Alliances, Nicole Barberis, will participate in a presentation introducing new NQN members including Washington State University, IonQ, University of Oregon, Amazon, and Boeing.

  • IonQ’s Josh Goings, Dominic Widdows, Jon Donovan, and Luning Zhao will lead the hackathon, in partnership with Microsoft, which will explore the limits of running quantum programs on IonQ hardware and challenge participants to solve problems through quantum algorithms.

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“As the first pure-play quantum computing company to join the Northwest Quantum Nexus, IonQ brings industry-leading performance to all three major cloud quantum platforms including Microsoft Azure Quantum, Amazon Braket , and Google Quantum,” said Peter Chapman, President and CEO of IonQ. “We strongly believe in the Pacific Northwest region as the next international hub for quantum, and are excited to share the news about IonQ’s new manufacturing facility in Bothell, WA. This new facility will provide us an opportunity to collaborate with the Pacific Northwest’s incredible wealth of talent as we build future quantum solutions.”

Earlier this month, IonQ acquired Entangled Networks, a Toronto-based company focused on enabling computing with massively distributed quantum processors. Today’s news is the latest in a series of developments in IonQ’s presence in the Pacific Northwest, where in February 2022, IonQ and the US Department of Energy’s Pacific Northwest National Laboratory (PNNL) announced that their public- private partnership has provided a sustainable and strong. supply of barium qubits for the next generation of IonQ barium-based quantum computers. Last December, IonQ’s scientific leadership team presented results from an advanced battery chemistry model project with Hyundai Motor Company at the Q2B conference. Other recent corporate and federal contracts announced include companies such as Airbus, GE, Dow Chemistry, Hyundai Motors, the United States Air Force Research Laboratory and the University of Maryland.

About IonQ

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. The IonQ Aria is the latest in a line of cutting-edge commercial quantum systems, boasting an industry-leading 25 algorithmic qubits. With a track record of performance, IonQ defines what it believes to be the best development path.

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IonQ is the only company with quantum systems available through the cloud of Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Dr. Christopher Monroe and Dr. Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.ionq.com.

Statements Looking at IonQ

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. Certain forward-looking statements may be identified by the use of forward-looking statements. Forward-looking statements, including the words “anticipate,” “anticipate,” “propose,” “plan,” “believe,” “intend,” “estimate,” “targets,” “projects,” “should, ” “may,” “will,” “could,” “will,” “anticipate” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the success of IonQ’s new manufacturing facility in the development of quantum systems and demand for IonQ; IonQ’s commitment to invest in the Pacific Northwest over the next 10 years; IonQ’s ability to meet customer needs; IonQ’s ability to expand its business and create jobs in the Pacific Northwest; the impact of members of the engineering and manufacturing teams on IonQ’s growth in the Pacific Northwest; and the ability of quantum computing to solve some of the world’s most pressing challenges in the future. 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. A number of factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: market adoption of quantum computing solutions and products, services and IonQ solution; IonQ’s ability to protect its intellectual property; changes in the competitive industries in which IonQ operates; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of market and technology industry downturns including, but not limited to, the result of the COVID-19 pandemic and/or rising inflationary pressures. The above list of reasons is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of IonQ’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 , and other documents submitted by IonQ from time to time with the Securities and Exchange Commission. These filings identify and address other significant 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 place undue reliance on forward-looking statements, and IonQ undertakes no obligation and has no intention of updating or revising these forward-looking statements, even as a result of new information, future events, or otherwise. IonQ does not make any guarantees that it will meet expectations.

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See the original version on businesswire.com: https://www.businesswire.com/news/home/20230123005140/en/

Contacts

Contact IonQ Media:
Tyler Ogoshi
[email protected]

IonQ Investor Contact:
[email protected]

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