PRESS RELEASE: Prince George's County Economic Development Corporation Congratulates University of Maryland and IonQ For Grand Opening of QLab: A Hub for Quantum Computing Research

Pictured l-r: Dr. Darryll J. Pines, President, University of Maryland, David Iannucci, President & CEO, Prince George's County Economic Development Corporation, Mayank Kapur, PGCEDC Director of Business Development IT, Cyber Security, Data Center

QLab offers researchers, students, professionals direct access to cutting-edge quantum computers

LARGO, MD - Prince George's County Economic Development Corporation congratulates The University of Maryland (UMD) for the grand opening of the National Quantum Laboratory (QLab), a groundbreaking quantum research center developed in partnership with IonQ (NYSE: IONQ), a leader in the quantum computing industry.

PGCEDC President & CEO David Iannucci and PGCEDC Business Development Director, IT & Cybersecurity Mayank Kapur attended the ribbon cutting. The opening of QLab furthers Prince George's County as the Capital of Quantum.

"The opening of QLab is another great milestone for Prince George's County," said Mayank Kapur, Business Development Director, IT & Cybersecurity. "This National Quantum Laboratory adds another great asset to Prince George's County's quantum ecosystem."

The QLab enables people from across the nation and around the world to develop and design quantum technologies on one of the world's most powerful quantum computers while working alongside leading experts in the field in an effort to address the most complex challenges of our time.

Located inside UMD's Discovery District, this unique, cutting-edge workspace aims to build the next generation of quantum talent and innovations and further establish the region as the Capital of Quantum. Thanks to the nearly $20 million investment that fueled this facility's opening, researchers, students, industry leaders, entrepreneurs and others are already taking advantage of this collaboration to explore how quantum computers can help improve machine learning and AI, materials discovery, supply chain logistics, climate modeling, cybersecurity and more.

As a node in the Mid-Atlantic Regional Quantum Internet (MARQI), the QLab is also accelerating the development of quantum networking capabilities critical for realizing the full potential of quantum computers, sensors and communications systems. QLab actively supports the growth of a skilled quantum workforce and has hosted more than 300 participants in virtual and in-person workshops and bootcamps.

UMD is one of the world's leading institutions of quantum science and engineering, working in close partnership with the National Institute of Standards and Technology as well as other federal agencies and labs. The university boasts more than 200 quantum researchers, eight quantum-focused centers and a comprehensive suite of quantum education offerings.

This first-of-its-kind QLab builds upon the university's $300 million investment in quantum science and more than 30-year track record of driving advances in quantum physics and technology. It additionally marks the latest extension of the university's partnership with IonQ, a company partially founded on research conducted at UMD.

The QLab builds on and reinforces the strong, impact-focused regional collaborations enabled by the Mid-Atlantic Quantum Alliance (MQA) and its 38 members from academia, industry, and government.

IonQ will also be sharing new developments in quantum computing at the Quantum World Congress, which takes place September 27-28. PGCEDC will also be in attendance.

For more information about PGCEDC's IT & Cybersecurity Services visit: https://www.pgcedc.com/datacenter

About Prince George's County Economic Development Corporation

Celebrating 40 years, the mission of the Prince George’s County Economic Development Corporation (PGCEDC) is to cultivate and promote a strong local economy that supports the growth and prosperity of entrepreneurs and businesses dedicated to strengthening communities through business development and job creation.

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For more information contact:

Rhett Butler

240.427.7926 Direct

rbutler@co.pg.md.us

Marketing & Communications Manager

Prince George's County Economic Development Corporation