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    Renowned Quantum Algorithm Expert Dr. Martin Roetteler to Lead IonQ's Quantum Applications Team

    3/26/24 8:00:00 AM ET
    $IONQ
    EDP Services
    Technology
    Get the next $IONQ alert in real time by email

    The quantum applications team is focused on accelerating the path to commercial quantum advantage

    Roetteler's decades of quantum industry experience include leadership roles at Microsoft and NEC Laboratories

    IonQ (NYSE:IONQ), a leader in quantum computing, today announced the addition of industry expert, Dr. Martin Roetteler, as its new Head of Quantum Applications.

    Roetteler will lead IonQ's Quantum Applications development team, which identifies commercial applications of IonQ's world-leading trapped ion quantum computing technologies and delivers business value to customers. Additionally, he will drive innovation in the algorithms space across chemistry, materials science, optimization, and quantum machine learning and AI. Roetteler joins IonQ from Microsoft, where he led both the Applied Research and Quantum Exploration teams researching quantum algorithms, compilation, circuit synthesis and optimization.

    "We are thrilled that Martin, a world-renowned leader in quantum algorithms, has joined the company in this critical role," says Peter Chapman, CEO and President at IonQ. "His unique background of working in the quantum industry for more than two decades will accelerate IonQ's path to commercial advantage."

    "My career has been dedicated to bringing the potential of quantum computing power to fruition and to developing concrete, programmed solutions that deliver customer value. I am passionate about problems where our IonQ quantum computers can have a dramatic advantage over any classical method," said Roetteler. "I am particularly excited to join IonQ at this inflection point to change the world of computing with trapped ion technology and expand IonQ's growing portfolio of applications."

    Throughout Roetteler's career, he has been a leading researcher on quantum algorithms. He led the quantum computing team at NEC Laboratories America from 2007 onward and developed tools and methods for scalable quantum resource estimation as a Principal Investigator in the Quantum Computer Science program funded by the Intelligence Advanced Research Projects Activity (IARPA) from 2012-2013. In 2013, Roetteler joined Microsoft, where he was a founding member of the Azure Quantum and Azure Quantum Elements teams, led the Q# Libraries team, and managed teams of quantum computing researchers. He is an inventor of over 110 patents worldwide and co-author of more than 140 academic journal publications.

    Roetteler's appointment reinforces IonQ's commitment to driving innovation and advancing quantum applications, bolstered by its growing team of industry experts. IonQ has already achieved significant traction, delivering practical quantum computing solutions to major corporations such as Hyundai, GE, and Airbus. With Roetteler's expertise and leadership, IonQ is poised to build upon this success, expanding its impact and further solidifying its position as a leader in the quantum computing industry.

    About IonQ

    IonQ, Inc. is a leader in quantum computing, delivering high-performance systems aimed at 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 word "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 applicability of IonQ's quantum computing offerings to multiple use cases; access to IonQ's quantum computers; the capabilities, scalability, and reliability of IonQ's quantum computing offerings; the opportunity to test and optimize novel quantum-enhanced algorithms for computational challenges on IonQ's quantum computers; the accuracy of quantum algorithms run on IonQ's quantum computers; and the problems that can be solved by IonQ's quantum computers. 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.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240326195539/en/

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