IonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S..

• Senator Maria Cantwell (D-Wash.) cut the ribbon on new facility alongside IonQ leaders
• Facility will manufacture quantum computers and plans to create thousands of new jobs and opportunities over the coming years

COLLEGE PARK, MD - February 15, 2024 - IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United States’ first quantum computing manufacturing facility, located in Bothell, Washington, a suburb of Seattle. As part of this announcement, the company also shared an expansion of its Seattle facilities, increasing its footprint from 65,000 square feet to an impressive 105,000 square feet. 

The facility will be IonQ’s second quantum data center providing cloud access to IonQ customers, and the primary production engineering location in the U.S. It will also house the company’s expanding R&D and manufacturing teams, including the teams focused on the upcoming rollout of the next-generation IonQ Forte Enterprise and IonQ Tempo systems. 

This is the first factory in the U.S. that will manufacture quantum computers that are replicable and deployable in customers’ data centers. The new quantum factory solidifies the Pacific Northwest as a hub for technology innovation and manufacturing and plans to create thousands of new jobs and opportunities over the coming years, leveraging the skilled workforce already present in the region.

“The Seattle facility represents a tangible realization of IonQ’s commitment to commercializing quantum and getting quantum computers into the hands of customers,” said IonQ CEO Peter Chapman. “IonQ is not just building a manufacturing facility; we’re also investing in the surrounding community drawing talent and thought leaders to Seattle and empowering organizations within the community with innovative quantum capabilities.”

During IonQ’s ribbon-cutting ceremony today, Washington State U.S. Senator Maria Cantwell – a staunch advocate for science and technology research and the lead Senate negotiator of the CHIPS and Science Act in 2022 – praised the company for its commitment to quantum innovation.

“Quantum computing has the potential to be a game changer -- it can help us create new drugs and fight disease, turbocharge clean energy alternatives, and improve food production,” Sen. Cantwell said. “Quantum computing is blossoming in our region thanks to an ideal ecosystem of world-class universities, businesses, laboratories, and talented workers.”

Today’s announcement is the latest in a series of business and technical achievements for IonQ, including achieving #AQ35 one year ahead of schedule and securing a partnership expansion with Amazon Braket to bring IonQ Forte to the Amazon Braket Direct Program. 

The company currently works with global corporations such as Hyundai Motor Company, Airbus, and GE Research to apply quantum computing to complex challenges within their businesses. Furthermore, the company has entered into a partnership agreement with QuantumBasel to install two quantum systems in Basel, Switzerland. IonQ has also secured a $25.5 million project with the United States Air Force Research Lab (AFRL) to implement two next-generation quantum computing systems at their facilities in Rome, New York.

In addition to on premises solutions, IonQ’s quantum systems are available on all three major cloud providers: Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get-ready.

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 35 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 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 company’s technology driving commercial advantage in the future, the ability for third parties to implement IonQ’s offerings to increase their quantum computing capabilities, the effect of increased availability of customer support functions, IonQ’s quantum computing capabilities and plans, access to IonQ’s quantum computers, increases in algorithmic qubit achievement, 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: changes in the competitive industries in which IonQ operates, including development of competing technologies; 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, and to engage new and existing customers. 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.

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