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Colorado: IonQ, World Leading Quantum Company Opens New Quantum Computing R&D Lab in Boulder

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BOULDER – Today, Governor Polis and the Global Business Development Division of the Colorado Office of Economic Development and International Trade (OEDIT) celebrated IonQ's (NYSE: IONQ) new laboratory suite in Boulder, Colorado. The suite will house state-of-the-art Quantum Computing R&D and semiconductor chip testing facilities that will develop new technologies, create good paying jobs, and strengthen Colorado's leading quantum sector.

"Colorado is a quantum hub, and we are only growing. The selection of Boulder as IonQ's North American expansion, is proof of Colorado's strong and growing quantum economy, and will bring more high-paying skilled jobs to the region, and attract more businesses to Colorado," said Governor Polis.

The company employs a pioneering approach to building trapped-ion quantum computers using electronics instead of lasers, enabling mass manufacturability via the standard semiconductor supply chain. The new facility, which is projected to have its first quantum computer fully installed by the third quarter of this year, will enable IonQ to design, test, and iterate new generations of its semiconductor ion trap chips. With the work in Boulder, IonQ expects to innovate and increase the technological sophistication and performance of its trapped-ion chips and of the quantum computers they power as the company scales.

"Quantum is Now!" said company Chairman and CEO Niccolo de Masi in advance of the official ribbon-cutting ceremony. "IonQ is delivering, today, on the promise of using our advanced quantum technologies to solve the world's most complex problems, aiding communities and businesses in everything from improving lives with faster pharmaceutical development, to enhancing reliability of infrastructure and optimizing manufacturing processes. IonQ is proud to partner with Governor Polis, the Colorado Office of Economic Development & International Trade, and the city of Boulder to continue to drive Colorado's reputation as a leader in quantum innovation. We're deeply appreciative of the support Colorado has demonstrated in helping bring our new R&D labs here, and excited to tap into its highly skilled workforce as we continue to grow."

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In Boulder, IonQ expects to create dozens of net new jobs in the high-paying deep tech space. The positions will include quantum scientists, system engineers, and operations managers. The 22,000 square feet of new laboratories will occupy two floors in Boulder 38, a 9.3-acre Class A research and innovation campus developed by Breakthrough Properties and located at the intersection of 38th Street and Arapahoe (1685 38th Street).

"The world is at a quantum inflection point, and Colorado companies are leading the way developing and commercializing these transformative new technologies. We are thrilled that IonQ is part of this movement, strengthening our state's quantum ecosystem while pushing the boundaries of what's possible and creating good-paying jobs for Coloradans," said Eve Lieberman, OEDIT Executive Director.

To support the company's expansion in Colorado, the Colorado Economic Development Commission approved a performance-based Job Growth Incentive Tax Credit for the company over an eight-year period. The EDC also approved IonQ for Colorado Refundable Tax Credits and the company will earn additional credits through the Boulder CHIPS Zone, established by the EDC in November 2025. These incentives are contingent upon IonQ, referred to as Project Electron and Project Neon throughout the OEDIT review process, meeting net new job creation and salary requirements.

"IonQ's decision to locate this facility in Boulder reflects the city's commitment to building the infrastructure and innovation ecosystem needed to support emerging industries like quantum technology," said City of Boulder Mayor Aaron Brockett. "Through city and state incentives and initiatives like the CHIPS Zone Program, we are continuing to build on the conditions that make Boulder an ideal place for innovative companies to thrive. This milestone also highlights the strength of Boulder's collaborative ecosystem, where universities, government, industry and economic development partners work together to advance our community as a global hub for innovation."

About IonQ

IonQ, Inc. [NYSE: IONQ] is the world's leading quantum platform and merchant supplier - delivering integrated quantum solutions across computing, networking, sensing, and security. IonQ's newest generation of quantum computers, the IonQ Tempo, is the latest in a line of cutting-edge systems that have been helping customers and partners including Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results and accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. In 2025, the company achieved 99.99% two-qubit gate fidelity, setting a world record in quantum computing performance.

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Headquartered in College Park, Maryland, IonQ has operations in California, Colorado, Massachusetts, Tennessee, Washington, Italy, South Korea, Sweden, Switzerland, Canada, and the United Kingdom. Our quantum computing services are available through all major cloud providers, while we also meet the needs of networking and sensing customers across land, sea, air, and space. IonQ is making quantum platforms more accessible and impactful than ever before. Learn more at IonQ.com.

About OEDIT's Global Business Development Division
Global Business Development (GBD) is a division of the Colorado Office of Economic Development and International Trade. GBD supports Colorado businesses and communities by using a data-driven approach to recruit, support, and retain businesses that contribute to a robust and diversified economy. We align our portfolio of programs, services, and incentives with industries that benefit Colorado companies and elevate the state's national and international competitiveness. GBD also hosts foreign delegations and participates in trade and investment missions around the world to strengthen global awareness of Colorado. With a highly educated and motivated workforce, a thriving innovation economy, and nation-leading entrepreneurial spirit, Colorado is a top market for business development.

About the Colorado Office of Economic Development and International Trade

The Colorado Office of Economic Development and International Trade (OEDIT) works to empower all to thrive in Colorado's economy. Under the leadership of the Governor and in collaboration with economic development partners across the state, we foster a thriving business environment through funding and financial programs, training, consulting and informational resources across industries and regions. We promote economic growth and long-term job creation by recruiting, retaining, and expanding Colorado businesses and providing programs that support entrepreneurs and businesses of all sizes at every stage of growth. Our goal is to protect what makes our state a great place to live, work, start a business, raise a family, visit and retire—and make it accessible to everyone. Learn more about OEDIT.
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