IonQ Indicators Settlement with South Korea’s Ministry of Science and ICT to Domesticate Regional Quantum Computing Ecosystem

• IonQ Indicators Memorandum of Figuring out (MOU) to Give a boost to Training, Coaching and Management Enlargement Program for Quantum Trade Teachers and Pros in South Korea

COLLEGE PARK, Md. & SEOUL, South Korea, June 29, 2023–(BUSINESS WIRE)–IonQ (NYSE: IONQ), a pace-setter in quantum computing, has signed a Memorandum of Figuring out (MOU) with Korea’s Ministry of Data and Verbal exchange Science and Era South to teach quantum science and era pros, and advertise the established order of an area quantum ecosystem. The MoU displays the 2 facets’ settlement to cooperate with each and every different in supporting South Korea’s colourful and rising quantum computing {industry}.

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South Korea’s Minister of Science and ICT Lee Jong-ho and Jungsang Kim, co-founder and CTO of IonQ, signed a memorandum of figuring out at Quantum Korea 2023 on June 27, 2023 to advertise the native quantum {industry} (Photograph: Trade Cord)

The MOU objectives to leverage IonQ’s assets and revel in to perform an schooling, coaching and management growth program to reinforce masters and doctoral scholars, postdoctoral researchers and quantum {industry} pros in South Korea.

The MOU used to be signed on June 27 at Quantum Korea 2023 hosted through the South Korean Ministry of Science and ICT in Seoul. Main international quantum innovators amassed on the tournament, the place IonQ showcased its quantum era and achievements, its best acting quantum laptop, the IonQ Area of expertise, and up to date achievements demonstrating packages in quantum device studying.

“To foster the expansion in their native quantum computing ecosystems, nationwide and regional governments wish to interact with {industry} companions who’ve deep {industry} wisdom,” Kim mentioned. “Thru this settlement with the Ministry of Science and ICT, we’re commemorated to participate within the building of quantum science and era pros and the preparation of South Korea’s quantum {industry} infrastructure. We are hoping so as to give a contribution to the imaginative and prescient of the rustic to change into a quantum-centric international economic system through 2030 through offering sensible reinforce, equivalent to an schooling, coaching and management growth program the usage of IonQ’s specialised quantum computing experience and assets.”

The tale continues

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About IonQ

IonQ, Inc. is a pace-setter in quantum computing, with a confirmed monitor list of innovation and implementation. IonQ’s present technology quantum laptop, the IonQ Area of expertise, is the newest in a line of state of the art programs, boasting an industry-leading 29 algorithmic qubits. Together with record-breaking efficiency, IonQ has outlined what it believes is the most productive trail to scalability.

IonQ is the one corporate with its quantum programs to be had during the cloud on Amazon Braket, Microsoft Azure and Google Cloud, in addition to via direct entry to APIs. IonQ used to be based in 2015 through Dr. Christopher Monroe and Dr. Jungsang Kim in accordance with 25 years of pioneering analysis. To be informed extra, discuss with www.ionq.com.

IonQ Ahead-Taking a look Statements

This press liberate comprises sure forward-looking statements inside the which means of Phase 27A of the Securities Act of 1933, as amended, and Phase 21E of the Securities Change Act of 1934, as amended. One of the most forward-looking statements can also be recognized by way of forward-looking phrases. Statements that don’t seem to be ancient in nature, together with the phrases “wait for”, “be expecting”, “recommend”, “plan”, “imagine”, “intend”, “estimate”, “targets”, “plans”, “must, ” “would possibly,” “would,” “may,” “will,” “forecast,” and different identical expressions are supposed to spot forward-looking statements. Those statements come with the ones associated with the memorandum of figuring out between IonQ and the South Korean Ministry of Science and ICT to domesticate quantum science and era pros and advertise the established order of an area quantum ecosystem; the events’ talent to cooperate with each and every different in supporting South Korea’s quantum {industry}; and IonQ’s talent to give a contribution to South Korea’s imaginative and prescient of changing into a quantum-centric international economic system through 2030. Ahead-looking statements are forecasts, projections, and different statements about long term occasions which are in accordance with present expectancies and assumptions, and As a result, they’re topic to dangers and uncertainties. Many components may motive precise long term occasions to range materially from the forward-looking statements on this press liberate, together with however no longer restricted to: marketplace adoption of quantum computing answers and IonQs merchandise, products and services and answers; IonQ’s talent to give protection to its highbrow belongings; adjustments within the aggressive industries through which IonQ operates; adjustments in rules and rules affecting IonQs trade; IonQ’s talent to put into effect its trade plans, forecasts and different expectancies and determine and execute additional partnerships and alternatives; and the danger of marketplace and era sector downturns, together with, however no longer restricted to, the COVID-19 pandemic and/or emerging inflationary pressures. The above listing of things isn’t exhaustive. You must moderately imagine the foregoing components and different dangers and uncertainties described within the “Possibility Components” phase of IonQ’s quarterly file on Shape 10-Q for the quarter ended March 30, 2023 and different paperwork filed through IonQ once in a while with the Securities and Change Fee. Those paperwork determine and deal with different necessary dangers and uncertainties that might motive precise occasions and effects to range materially from the ones contained within the forward-looking statements. Ahead-looking statements discuss best as of the date they’re made. Readers are cautioned to not position undue reliance on forward-looking statements, and IonQ assumes no legal responsibility and does no longer intend to replace or revise this type of forward-looking statements, whether or not because of new knowledge, long term occasions, or another way. IonQ makes no promises that it is going to meet your expectancies.

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