IonQ and BearingPoint Bring Quantum Consulting to the European Market

Rhea-AI Summary

IonQ, a quantum computing industry leader, has announced an agreement with BearingPoint, a European management and technology consulting firm, to provide quantum system access and professional services to clients in Europe. This collaboration aims to promote quantum education and exploration in the region.

• Agreement with the European management and technology consultancy group ensures quantum education and exploration remain a key business priority for both companies in the region

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced an agreement with BearingPoint - a leading European management and technology consulting firm with offices in 24 countries - to offer IonQ quantum system access and professional services to clients across Europe. BearingPoint consultants can now propose use cases and solutions for public and private groups that leverage the power of IonQ’s systems, helping them formulate positions on the rapidly evolving technology.

"We are pleased to announce today's collaboration with BearingPoint as they advise clients on the benefits and potential applications of quantum computing," said Peter Chapman, President and CEO of IonQ. "Today's agreement ensures that IonQ's industry-leading systems and services reach all the audiences that will benefit from quantum computing - people who are curious about quantum and want to explore new ways to integrate quantum into their existing workflows."

BearingPoint is one of Europe's leading management and technology consultancies with more than 5,000 employees serving more than 1,000 clients worldwide. With deep industry expertise in eight market segments, including automotive, capital markets, chemicals, and the public sector, BearingPoint partners with technology providers such as IonQ to develop joint solutions for clients and create innovative use cases for a variety of industries.

"We are excited to partner with IonQ," said Matthias Röser, Global Leader Technology at BearingPoint. "We see quantum as a decision accelerator for enterprises and look forward to providing our clients with strategic advice on how best to prepare for and integrate quantum into their tech stack."

Today's agreement signals IonQ's continued push to expand its presence internationally. In July, the company announced a partnership with Switzerland-based QuantumBasel to establish a European quantum data center. This move follows an April announcement to provide the United Arab Emirates Quantum Center with access to IonQ Aria. Earlier this year, IonQ also opened its first office in Canada following its acquisition of Entangled Networks.

To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get-access.

About IonQ

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting an industry-leading 29 algorithmic qubits. Along with record performance, IonQ has defined what it believes is the best path forward to scale.

IonQ is the only company with its quantum systems available through the cloud on 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.

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 “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the success of the IonQ and BearingPoint partnership; the capabilities available as the result of the partnership; IonQ’s quantum computing capabilities and plans; access to IonQ’s quantum computers; the ability to test and execute quantum algorithms on IonQ’s quantum computers; the opportunity to test and optimize novel quantum-enhanced algorithms for computational challenges on IonQ’s quantum computers; the ability to implement characterization and error correction techniques; the accuracy of quantum algorithms run on IonQ’s quantum computers; and the problems that can be solved by IonQ’s quantum computers. 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: market adoption of quantum computing solutions and IonQ’s products, services and solutions; the ability of IonQ 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 its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry including, but not limited to, as a result of the COVID-19 pandemic and/or increased inflationary pressures. The foregoing list of factors 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 filed by IonQ from time to time 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230817632941/en/

IonQ Media contact:

Tyler Ogoshi

press@ionq.com

IonQ Investor Contact:

investors@ionq.com

Source: IonQ

FAQ

What is the agreement between IonQ and BearingPoint about?

The agreement between IonQ and BearingPoint allows BearingPoint consultants to offer IonQ quantum system access and professional services to clients in Europe.

What is IonQ known for?

IonQ is known as an industry leader in quantum computing.

Where is BearingPoint located?

BearingPoint has offices in 24 countries, including Europe.

What is the goal of the collaboration between IonQ and BearingPoint?

The collaboration aims to ensure that IonQ's quantum systems and services reach a wider audience in Europe and help clients understand the benefits and potential applications of quantum computing.