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IonQ to Open First Quantum Computing Manufacturing Facility in the U.S., Supported by the U.S. Congressional Delegation From Washington State
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
IonQ has announced the establishment of the U.S.'s first dedicated quantum computing manufacturing facility in Bothell, Washington. This 65,000 square foot center aims to enhance research and development of trapped-ion quantum systems to meet rising demand in commercial applications. The initiative is backed by U.S. Senator Patty Murray and Congresswoman Suzan DelBene, part of a $1 billion investment plan to expand in the Pacific Northwest over the next decade. This facility is positioned to become IonQ's primary production hub in North America, potentially creating thousands of jobs and reinforcing Washington's status as a tech innovation leader.
Positive
Establishment of the first dedicated quantum computing manufacturing facility in the U.S.
Investment of $1 billion in the Pacific Northwest over the next 10 years.
Potential to create thousands of new jobs in the region.
Facility set to support research and development of trapped-ion quantum systems.
Negative
None.
The U.S. Congressional delegation from Washington state, including Senator Patty Murray, chair of the Appropriations Committee, and Congresswoman Suzan DelBene who represents Bothell, trumpet announcement. The new manufacturing center underscores Washington state’s pivotal role as a technology hub based on investments in the CHIPS & Science Act.
New manufacturing facility in the Seattle area will support the development of world-class trapped-ion quantum systems and meet growing demand for quantum computing across commercial applications.
COLLEGE PARK, Md.--(BUSINESS WIRE)--
IonQ, Inc. (NYSE: IONQ), an industry leader in quantum computing, today announced plans to open the first known dedicated quantum computing manufacturing facility in the U.S., located in the suburbs of Seattle, Washington. The new facility will house IonQ’s growing R&D and manufacturing teams, as they develop systems to meet continued customer demand. With public support from U.S. Senator Patty Murray (D-WA) — an early proponent of the CHIPS and Science Act — and Congresswoman Suzan DelBene, U.S. representative from Washington's 1st congressional district,today’s announcement is part of IonQ’s broader intent to invest $1 billion through expansion in the Pacific Northwest over the next 10 years.
Multi-floor facility located in Bothell, Washington, will support IonQ’s development of quantum computing systems (Photo: IonQ)
“IonQ making the decision to open the first ever quantum computing manufacturing facility in the country right here in Bothell is a very big deal — and it’s great news for Washington state,” said Senator Murray. “Opening this facility will absolutely help ensure Washington state continues to be a leader in innovation and cutting-edge technologies — but it also means jobs that will be an investment in our families and their futures. These are the kinds of investments that happen when we pass legislation like the CHIPS and Science Act to invest in American manufacturing and build the economy of the future right here at home.”
“This exciting announcement further underscores Washington as a cutting-edge global technology and innovation hub. Quantum computing is going to play a pivotal role in many aspects of technology in the 21st century,” said Congresswoman Suzan DelBene (WA-01). “Our community’s unique tech infrastructure and skilled workforce make opportunities like this possible. I look forward to welcoming IonQ’s expansion to Bothell and the Pacific Northwest.”
The 65,000 square foot facility is located in Bothell, Wash., — a Seattle suburb that is home to regional tech and pharma enterprises like Microsoft, Google, Amazon, Panasonic, and Seattle Genetics, as well as academic institutions like the University of Washington. The new location will house IonQ’s second quantum data center and be the primary production engineering location for IonQ in North America. IonQ hopes to add thousands of new jobs and opportunities to the region over the coming years.
“Advanced technologies like quantum computing are key to solving some of the world’s most pressing challenges such as climate change, energy, and transportation,” said Peter Chapman, CEO and President of IonQ. “The Seattle region has been a hub of tech innovation and manufacturing for decades, and has the skilled workforce we need to design, build and manufacture our quantum computers. As we planned our expansion, the Seattle area was an ideal option for our new facility. We’re excited to be among the other innovative companies who call Seattle home, many of which are IonQ partners and customers.”
IonQ Vice President of Product Engineering Dr. Dave Mehuys, who joined IonQ in March 2022 from a senior leadership role at Psiquantum, will oversee the build out of the new facility. With over two decades of experience managing systems hardware engineering, module component engineering, customer service, and manufacturing operations, Dr. Mehuys will play an integral part of IonQ’s growth in the region.
“Dave has held a number of technical leadership and executive roles at scientific, telecom networking, and quantum computing companies, and we know he will be of tremendous value to the IonQ team as we work to scale operations and further commercialize quantum computers,” said Mr. Chapman. “Dave’s experience in manufacturing will greatly benefit our work throughout the PNW, and his ability to lead as well as mentor multi-disciplinary teams makes him an excellent fit for this new position.”
Today’s office announcement is the latest in a series of developments for IonQ in the Pacific Northwest. In 2022, IonQ and the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL) announced that their public-private partnership had yielded a sustainable and robust supply of barium qubits for IonQ’s next generation of barium-based quantum computers. Additionally, IonQ’s quantum systems are available on the two major cloud platforms from the region — Amazon Braket and Azure Quantum. Last year, IonQ Aria became the most powerful known quantum computer in the world with 25 #AQ. Corporate and federal contracts recently announced include companies like 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. IonQ Aria is the latest in a line of cutting-edge commercial quantum systems, boasting 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 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 IonQ’s new manufacturing facility on development of IonQ’s quantum systems and demand; IonQ’s commitment to invest in the Pacific Northwest over the next 10 years; IonQ’s ability to meet customer demand; IonQ’s ability to expand its business and create jobs in the Pacific Northwest; the impact that members of the engineering and manufacturing teams have 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. 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.
