IonQ Highlights Continued Quantum Momentum at Q2B24 Silicon Valley

Rhea-AI Summary

IonQ (NYSE: IONQ) is showcasing its quantum computing capabilities at Q2B24 Silicon Valley, featuring a fireside chat with General Dynamics Information Technology (GDIT) about quantum partnerships in the government sector. The event highlights IonQ's latest innovations, including IonQ Forte, IonQ Forte Enterprise, and their new enterprise-grade Quantum OS and Hybrid Services suite.

The fireside chat, led by Ariel Braunstein, Senior VP of Product at IonQ, will discuss quantum go-to-market partnerships with GDIT's Michael Tait on Dec. 11, 2024. The presentation emphasizes IonQ's 2024 achievements, including opening the first US quantum computing manufacturing facility in Bothell, WA, launching their first European quantum computer with QuantumBasel, and forming partnerships with AstraZeneca, AWS, Ansys, imec, and NKT Photonics. IonQ also acquired Qubitekk to expand into quantum networking.

Positive

• Opened first US quantum computing manufacturing facility
• Expanded internationally with first quantum computer in Europe
• Secured strategic partnerships with major companies (AstraZeneca, AWS, Ansys)
• Acquired Qubitekk to enter quantum networking market
• Launched new enterprise-grade Quantum OS and Hybrid Services suite

Negative

• None.

IonQ to host a fireside chat with General Dynamics Information Technology on forming quantum go-to-market partnerships and commercial momentum in the quantum space

COLLEGE PARK, Md.--(BUSINESS WIRE)-- Today, IonQ (NYSE: IONQ), a leader in the quantum computing and networking industry, will highlight the transformative power of quantum computing for the future of business at Q2B24 Silicon Valley.

At Q2B24, IonQ will be joined by General Dynamics Information Technology (GDIT) to discuss how quantum is gaining momentum in the government sector. This collaboration emphasizes the pivotal role of strategic partnerships in driving innovation and accelerating quantum technology adoption. Together, IonQ and GDIT will demonstrate how combining quantum expertise and resources can unlock new opportunities and tackle complex challenges in business and technology.

IonQ will also showcase its latest innovations driving our recent commercial momentum on the show floor at Booth #G7. Attendees can explore IonQ’s latest advancements, including IonQ Forte, IonQ Forte Enterprise, and the new enterprise-grade IonQ Quantum OS and Hybrid Services suite.

Ariel Braunstein, Senior Vice President of Product at IonQ, will lead the fireside chat discussing the impact of quantum go-to-market partnerships with GDIT. The session, “Forming Quantum Go-To-Market Partnerships,” is scheduled to take place on Dec. 11, 2024, at 2 p.m. PST, and feature guest speaker Michael Tait, Technology Consultant, Quantum Capabilities Office of the CTO at General Dynamics Information Technology (GDIT).

“We’re thrilled to showcase how our work with partners like GDIT is both unlocking new market opportunities for quantum computing and advancing new innovations through collaborative programs,” said Braunstein. “Through our partnership with GDIT, we’re helping enable next-generation civilian and defense solutions powered by quantum and AI. I look forward to the opportunity to demonstrate how our technology and this partnership are shaping the future of government operations and business at a large scale.”

“IonQ looks forward to connecting with the broader quantum industry at Q2B to discuss the latest trends shaping the future of quantum computing—AI, hybrid application workflows, full-stack quantum systems, networking and more,” said Peter Chapman, president and CEO of IonQ. “Q2B caps off a year of tremendous business growth and technical progress for IonQ, and we look forward to sharing the work our researchers, application teams, and partners have accomplished over the last twelve months.”

In 2024, IonQ opened the United States’ first quantum computing manufacturing facility in Bothell, WA, unveiled its first quantum computer in Europe in partnership with QuantumBasel, its new enterprise-grade Quantum OS and Hybrid Services suite, and announced new partnerships with AstraZeneca, AWS, Ansys, imec, and NKT Photonics. IonQ also announced its acquisition of Qubitekk—a leader in quantum networking solutions—to advance IonQ’s trajectory into the quantum networking market.

To learn more about IonQ and its latest system news and business developments, visit https://ionq/com.

About IonQ

IonQ, Inc. is a leader in quantum computing that delivers high-performance systems capable of solving the world’s largest and most complex commercial and research use cases. IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company’s innovative technology and rapid growth were recognized in Fast Company’s 2023 Next Big Things in Tech List and Deloitte’s 2023 Technology Fast 500™ List, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at 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 terms “accelerating,” “advancing,” “can,” “combining,” “demonstrate,” “driving,” “enable,” “explore,” “gaining,” “future of,” “impact,” “momentum,” “opportunities,” “opportunity,” “pivotal,” “shaping,” “tackle,” “transformative,” “unlock,” “unlocking,” “will,” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the company’s technology driving commercial quantum advantage in the future, IonQ’s quantum computing capabilities and plans, the success and capabilities available as the result of the of the IonQ and GDIT partnership, the ability for third parties to implement IonQ’s offerings to increase their quantum computing capabilities, access to IonQ’s quantum computers, the problems that can be solved by IonQ’s quantum computers, the advantages of IonQ's approach to the manufacturing of IonQ’s systems, and the scalability and reliability of IonQ’s quantum computing offerings. 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 scale its business and manage its growth to meet customer and market demands; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement its business plans, forecasts and other expectations, identify and realize partnerships and opportunities; market adoption of quantum computing solutions and IonQ’s products, services and solutions; risks associated with U.S. government sales; current or future IonQ products and technology, and the expected benefits of current or future IonQ products and technology; or IonQ’s ability to maintain or obtain patent protection for its products and technology, including with sufficient breadth to provide a competitive advantage. 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 Quarterly Report on Form 10-Q 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. 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 businesswire.com: https://www.businesswire.com/news/home/20241210241710/en/

IonQ Media contact:

Jane

press@ionq.co

IonQ Investor Contact:

investors@ionq.co

Source: IonQ, Inc.

FAQ

What new products did IonQ showcase at Q2B24 Silicon Valley?

IonQ showcased IonQ Forte, IonQ Forte Enterprise, and their new enterprise-grade Quantum OS and Hybrid Services suite at Q2B24 Silicon Valley.

When did IonQ open its first US quantum computing manufacturing facility in 2024?

IonQ opened the United States' first quantum computing manufacturing facility in Bothell, Washington in 2024.

Which companies did IonQ partner with in 2024?

In 2024, IonQ partnered with AstraZeneca, AWS, Ansys, imec, NKT Photonics, and QuantumBasel.

What company did IONQ acquire to expand into quantum networking?

IonQ acquired Qubitekk, a leader in quantum networking solutions, to advance into the quantum networking market.