IonQ to Highlight Federal Adoption of Quantum Technologies at Quantum World Congress 2022

Rhea-AI Summary

IonQ (NYSE: IONQ) is participating in the Quantum World Congress from November 29 to December 1, 2022, in Washington, D.C. Key executives, including Co-Founder Chris Monroe, will engage in sessions discussing federal quantum initiatives and commercialization strategies. Monroe will present insights on the National Quantum Initiative, emphasizing its role in advancing quantum research to industry applications. This participation follows IonQ's recent $13.4 million contract with the U.S. Air Force Research Lab for quantum computing hardware research.

Positive

• Participation in the Quantum World Congress enhances visibility and networking in the quantum industry.
• Chris Monroe, a leading expert, is positioned to influence federal quantum policies.
• $13.4 million contract with the U.S. Air Force Research Lab supports innovation and partnerships.

Negative

• None.

• IonQ executives to participate in multiple sessions on federal quantum initiatives and quantum commercialization, focused on U.S. policies, regulation and public-private partnerships

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced its participation at Quantum World Congress 2022, taking place November 29 - December 1. Quantum researchers, innovators, technology developers, legislators, and industry experts, will all gather in Washington, D.C. for the multi-day event to present and discuss the latest trends and achievements in the growing quantum industry.

IonQ Co-Founder and Chief Scientist Chris Monroe will be participating in two sessions at the event. The first session, titled: “Advancing the Quantum Advantage: Industry Perspectives,” will take place on Wednesday, November 30, and include senior panelists from other members of the quantum industry. On Thursday, December 1, Chris will lead a breakout session titled: “The National Quantum Initiative and the Commercialization of Quantum Computers.” As an original architect of the 2018 National Quantum Initiative Act, Chris will provide an update on how the bill has encouraged public and private companies to hasten the translation of quantum research from the laboratory to industry and commercialize – IonQ being one such example.

IonQ’s Head of Government Relations Lamont Silves will also be hosting a panel on Thursday, December 1, titled: “Policy & Regulations: Industry Perspectives.” Lamont’s panel will include a diverse set of perspectives, sharing thoughts on recent quantum policies and regulations.

These three sessions closely follow IonQ’s announcement of a $13.4 million contract with U.S. Air Force Research Lab to provide them with access to trapped ion systems for quantum computing hardware research and development. For more information on IonQ’s federal and commercial partnerships, visit the company’s booth (#200/101) at Quantum World Congress.

For all other business information, please refer to the Q3 2022 financial results announced on November 14, 2022.

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, including IonQ Aria, a system that boasts industry-leading 25 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 Christopher Monroe and 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 impact the partnership will have on Dell’s positioning as an advisor; the benefits of the hybrid classical quantum platform; the impact of Dell’s compute capabilities and IonQ’s expertise in quantum applications on future approaches to demanding computational tasks; and the ability of Dell Quantum Computing Solution to capitalize on IonQ technology to create quicker and more accurate solutions. 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. 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 June 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/20221129006091/en/

IonQ Media contact:

Tyler Ogoshi

press@ionq.com

IonQ Investor Contact:

investors@ionq.com

Source: IonQ

FAQ

What is IonQ's participation in the Quantum World Congress 2022?

IonQ is participating in the Quantum World Congress from November 29 to December 1, 2022, discussing quantum initiatives.

Who is presenting at the Quantum World Congress for IonQ?

Chris Monroe, Co-Founder and Chief Scientist, will present on industry perspectives and the National Quantum Initiative.

What recent contract did IonQ announce?

IonQ announced a $13.4 million contract with the U.S. Air Force Research Lab for quantum research.

When will IonQ's sessions be held during the Quantum World Congress?

IonQ's sessions will be held on November 30 and December 1, 2022.

What is the significance of the National Quantum Initiative for IonQ?

The National Quantum Initiative promotes the transition of quantum research to practical industry applications, benefiting IonQ.