Quantum computing leader to highlight the impact of quantum machine learning developments and its impact on key industries

IonQ (NYSE:IONQ), a leader in the quantum computing industry, announced today that Dr. Masako Yamada, Director of Applications Development, will speak at Inside Quantum Technology's inaugural Quantum + AI Summit in New York City, taking place October 29-30, 2024. The first-time event brings together a dynamic lineup of speakers to address the challenges and opportunities at the intersection of quantum computing and AI, highlighting their complementary potential to drive innovation and efficiency, as well as showcase a behind-the-scenes look at applications and platforms being constructed.

Yamada, HPCwire's People to Watch and applications expert with 20 years of experience in industrial R&D, will join a panel titled, "Emerging Markets for Quantum Machine Learning," where she will discuss quantum machine learning developments and its potential to transform various industries. The panel will be moderated by Ethan Krimins, leader of Quantum Research Sciences (QRS). Interested attendees can register for the panel and event through the link here: https://iqtevent.com/quantumAI/register/.

The Quantum + AI Summit is taking place at a time when the convergence of quantum computing and artificial intelligence is poised to unlock new opportunities for industries worldwide. Earlier this year, IonQ teamed up with Oak Ridge National Laboratory to develop quantum optimization algorithms for the problem of optimizing the energy transport from producers to consumers. The company also collaborated with Deutsches Elektronen-Synchrotron (DESY) to explore the benefits of quantum computing for airport operations, such as flight-gate optimization. Quantum computing represents a revolutionary leap in problem-solving, and IonQ's work across government, global business enterprises and academic institutions ensures that quantum computing is a safe technology by developing the necessary guardrails for this new and disruptive technology.

IonQ's participation in this year's summit follows recent announcements, contracts and research that highlight quantum's potential for addressing real-world challenges. For instance, IonQ announced a new $54.5 million contract with the United States Air Force Research Lab to design, develop and deliver technology and hardware that enables the scaling, networking, and deployability of quantum systems.

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 words "develop," "enables," "ensures," "necessary guardrails," "scaling," "transform," "unlock," "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, the ability for third parties to implement IonQ's offerings to increase their quantum computing capabilities, the applicability of IonQ's quantum computing offerings to multiple use cases, IonQ's quantum computing capabilities and plans, the opportunity to test and optimize novel quantum-enhanced algorithms for computational challenges on IonQ's quantum computers, the problems and challenges that can be solved by IonQ's quantum computers, and the scalability, deployability, 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 laws and regulations affecting IonQ's business; IonQ's ability to implement its technical roadmap and potential scientific limits and barriers to improving quantum technologies and quantum machine learning. 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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