Company Announcements

Renowned IBM inventor and leader behind JPMorgan’s industry-leading quantum applications brings deep expertise in finance, cryptography, and AI to IonQ

COLLEGE PARK, Md.--(BUSINESS WIRE)--Jul. 28, 2025-- IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, today announced the appointment of Dr. Marco Pistoia as Senior Vice President of Industry Relations. Pistoia is a renowned IBM inventor, quantum computing leader, and former Global Head of Applied Research and Quantum Computing at JPMorganChase, where he achieved the rank of Distinguished Engineer — the highest technology title in the bank. He will play a critical leadership role in driving strategic partnerships, collaborations, and advocacy efforts to advance IonQ’s position within the quantum computing and quantum networking sectors.

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Marco Pistoia, Senior Vice President of Industry Relations at IonQ

“Marco has long been one of the most influential figures in applied quantum computing and quantum networking,” said Niccolo de Masi, CEO of IonQ. “His leadership in building the most advanced quantum program in the financial sector, and his track record of pioneering work in quantum cryptography, AI, quantum algorithms, and quantum key distribution (QKD) makes him an ideal fit for IonQ’s mission. We’re thrilled to welcome him as we continue scaling quantum computing and networking solutions for real-world impact.”

At JPMorganChase, Pistoia led the financial industry’s most advanced quantum program. Under his leadership, the team developed novel quantum algorithms for optimization, Monte Carlo integration, fraud detection, and AI. He led the first experimental certification of quantum-generated randomness, providing end users with enhanced security and privacy. He also pioneered advances in post-quantum cryptography and QKD, setting a world record with an experimental demonstration of an 800 Gbps QKD-secured link over 100 kilometers upon which JPMorganChase deployed its blockchain application for payments.

Before JPMorgan, Pistoia spent over two decades at IBM Research, where he was the Senior Manager of Quantum Algorithms and Applications, Distinguished Research Staff Member, and Master Inventor – a recognition IBM bestows on select employees who have contributed significantly to the company’s intellectual property portfolio. He holds 647 patents – including 100 in quantum computing, quantum communications, and quantum-inspired AI/ML algorithms. Additionally, Pistoia has written 10 books and authored more than 200 scientific articles – published in leading journals such as Nature and Science Advances. Pistoia received a Ph.D. in Mathematics from New York University and a BS and MS degree in Mathematics from the University of Rome Tor Vergata.

“IonQ is a leading quantum technology company with a unique combination of world-class hardware, ground-breaking innovations, and advanced application performance,” said Pistoia. “I’m excited to join the team and contribute to a technology roadmap that prioritizes both scale and security in solving mission-critical problems.”

Pistoia’s appointment reinforces IonQ’s focus on real-world quantum applications and strengthens its leadership as the company continues to scale across industries.

About IonQ

IonQ, Inc. [NYSE: IONQ] is the leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world’s most complex problems. IonQ’s current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results.

The company is accelerating its technology roadmap and intends to deliver the world’s most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ’s advancements in quantum networking also positions the company as a leader in building the quantum internet.

The company’s innovative technology and rapid growth were recognized in Newsweek’s 2025 Excellence Index 1000, Forbes’ 2025 Most Successful Mid-Cap Companies list, and Built In’s 2025 100 Best Midsize Places to Work in Washington DC and Seattle, 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 are intended to identify forward-looking statements. These statements include those related to the IonQ’s quantum computing capabilities and plans; IonQ’s technology driving commercial quantum advantage in the future; the relevance and utility of quantum algorithms and applications run on IonQ’s quantum computers; the necessity, effectiveness, and future impacts of IonQ’s offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ’s offerings. 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: IonQ’s ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ’s inability to attract and retain key personnel; or IonQ’s ability to deliver, and customers’ ability to generate, value from IonQ’s offerings. 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 periodic financial report (10-Q or 10-K) filed by IonQ 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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IonQ Media contact:
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IonQ Investor Contact:
investors@ionq.co

Source: IonQ