IonQ Announces Partnership with NKT Photonics for Next-Generation Laser Systems …

• NKT Photonics to deliver three innovative prototype optical subsystems to IonQ in 2025
• NKT Photonics' advanced laser systems will be integrated into IonQ's upcoming data center-ready quantum systems

COLLEGE PARK, MD - November 7, 2024 - IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today a partnership with NKT Photonics, a subsidiary of Hamamatsu Photonics, to procure next-generation laser systems for IonQ's trapped-ion quantum computers and networking equipment. The partnership involves NKT Photonics developing and delivering three prototype optical subsystems to IonQ in 2025, designed to support the commercialization of IonQ's data center-ready quantum computers - such as IonQ Tempo and future barium-based systems.

Today's partnership with NKT Photonics demonstrates IonQ's focus on delivering commercially scalable, enterprise-grade quantum computers that can easily integrate with today's data center environments. NKT Photonics' laser systems are based on fiber laser technology and provide a clear advantage in performance, cost, lead time and SWAP (size, weight and power). Additionally, these laser systems will be modular, reliable and rack-mountable, making them the ideal technology to address the laser wavelength and power requirements of IonQ's barium-based trapped ion systems.

"We are pleased to partner with NKT Photonics as they share IonQ's vision of developing high-performing, scalable and accessible quantum computers designed for enterprise data center environments," said Dr. Dave Mehuys, Vice President, Product Engineering at IonQ. "Today's partnership ensures IonQ systems are equipped with best-in-class laser technologies to power our next-generation quantum computers and networking solutions."

"We look forward to partnering with IonQ and supplying them with our unique laser solutions to advance the quantum computing frontier. Today's announcement extends NKT Photonics' long history of delivering industry-leading optical solutions for innovators," said Basil Garabet, President and CEO of NKT Photonics.

Today's agreement is the latest in a series of manufacturing and supply chain announcements that support IonQ's goal of delivering high performance, enterprise-grade, commercial quantum systems. Earlier this year, IonQ announced the opening of the first manufacturing facility in the U.S. capable of producing quantum computers for customers' data centers. IonQ also delivered its first overseas ion trap to its European quantum data center in QuantumBasel.

To learn more about IonQ and its latest system news and business developments, visit https://ionq.com/.

To learn more about NKT Photonics and its latest system news and business developments, visit https://nktphotonics.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.

About NKT Photonics

Established in Denmark by scientists and engineers, NKT Photonics is the leading supplier of high-performance fiber lasers and photonic crystal fibers. Our main markets are medical & life science, industrial, aerospace & defense, and quantum & nanotechnology. Our products include supercontinuum white light lasers, low-noise fiber lasers, ultrafast lasers, and a wide range of specialty fibers. NKT Photonics is a subsidiary of Hamamatsu Photonics. www.nktphotonics.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 "advantage," "best-in-class," "can," "capable," "designed to," "ensures," "goal," "ideal," "provide," "scalable," "will," 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 in their data centers and to increase their quantum computing capabilities, IonQ's quantum computing capabilities and plans, access to IonQ's quantum computers, increases in algorithmic qubit achievement, the scalability, modularity, rack-mountability, performance, enterprise-readiness, and reliability of IonQ's quantum computing offerings, and the ability for IonQ and its suppliers to develop and deliver optical subsystems or to provide advantages in performance, cost, lead time, size, weight, and power. 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; and IonQ's ability to implement its business plans, forecasts and other expectations. 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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