\nQuantum computing offers a fundamentally new approach to solving certain problems that are out of reach for even the most powerful supercomputers today, with the potential to transform areas such as drug discovery<\/a>, financial modeling<\/a>, material design, weather predictions, and logistics optimization. The collaboration with SEEQC will accelerate Booz Allen\u2019s ability to develop and deploy this revolutionary technology to support government clients at speed and scale amidst a rapidly evolving technical landscape.<\/p>\n \nFor more than a decade, Booz Allen has provided clients with industry-leading expertise in Quantum Information Science & Technology<\/a> (QIST). Building on its position as the leading provider of AI and cybersecurity for the federal government, Booz Allen has continually worked with its clients to bring quantum technologies\u2014including quantum computing and quantum-resistant encryption\u2014to current missions and to prepare clients for the future.<\/p>\n \n\u201cI\u2019m excited about the potential to drive faster, better outcomes by combining SEEQC\u2019s exceptional quantum computing capabilities with the power of Booz Allen\u2019s advanced technology, deep quantum expertise, and mission understanding. This is our thirteenth Ventures investment, and we remain laser-focused on accelerating innovation to disrupt the federal technology market,\u201d said Matt Calderone<\/a>, chief financial officer at Booz Allen. \u201cOver the last decade Booz Allen has helped more than 100 leading dual-use technology companies \u2013 like SEEQC \u2013 bring their unique capabilities to the mission at speed and scale.\u201d<\/p>\n \nIdentified by Booz Allen\u2019s Tech Scouting<\/a> team as a promising start up developing critical technology, SEEQC is breaking down barriers such as latency, energy, accuracy, and cost\u2014all areas that have prevented quantum computing hardware from being scaled to the sizes necessary to solve mission-relevant problems. At a crucial turning point in the industry, SEEQC is developing a clear path to scalable quantum computing architectures that tightly integrate the control and readout electronics with the \u201cqubit\u201d chip\u2014a quantum computing chip contains quantum bits, or qubits\u2014to form full-stack quantum processors.<\/p>\n \nThis collaboration will drive forward the hardware and software improvements essential for scalable quantum computing\u2014helping unlock new levels of problem-solving power for national security, civil, and commercial missions and enabling clients to get ahead of future challenges.<\/p>\n \n\u201cQuantum computers will present a significant threat to today\u2019s cybersecurity capabilities while also serving as a critical enabler for a myriad of applications. It is imperative that the United States maintain its lead over global competitors and adversaries in the vast emerging technologies landscape,\u201d said John Levy<\/a>, CEO of SEEQC. \u201cJoining forces with Booz Allen presents an incredible opportunity for SEEQC to collaborate with a team of experts who have spent years supporting the U.S. government and building the quantum capabilities needed to solve the nation\u2019s toughest problems. Together, we\u2019re advancing scalable quantum computing to tackle challenges that traditional computing can no longer solve for the federal government and other critical sectors.\u201d<\/p>\n \nBooz Allen has been on the forefront of U.S. QIST research and development for years, reflecting the urgency and proactivity necessary to prepare the country for the quantum age. The cross-functional team blends domain knowledge with expertise in cyber, AI, and next-gen communications to not only pioneer new solutions but also shape the future of quantum to protect U.S. interests. With this approach, Booz Allen has guided government and commercial clients in understanding quantum-enabled and quantum-safe technology to stay ahead of emerging threats while exploring opportunities to leverage these technologies for U.S. national interests.<\/p>\n \n\u201cQuantum technologies are poised to disrupt nearly every field, and we\u2019re excited to support and partner with SEEQC in the critical effort to develop novel solutions to address major technical bottlenecks that currently exist,\u201d said JD Dulny<\/a>, vice president and leader of Booz Allen\u2019s quantum practice. \u201cIt is imperative that the United States remains a global leader in the transformative field of quantum, and this investment will further accelerate quantum technology toward mission relevance.\u201d<\/p>\n \nSince its launch, Booz Allen\u2019s $100 million corporate venture capital arm has made strategic investments in early-stage companies developing dual-use commercial technologies across AI, cyber, defense and emerging tech. SEEQC marks the 13th Ventures investment, adding to a diverse portfolio that includes Latent AI<\/a>, RAIC Labs<\/a> (formerly Synthetaic), Reveal Technology<\/a>, Credo AI<\/a>, Hidden Level<\/a>, Shift5<\/a>, Hidden Layer<\/a>, Second Front (2F)<\/a>, Quindar<\/a>, Albedo<\/a>, Starfish Space<\/a>, and Reality Defender<\/a>.<\/p>\n \nRead more about Booz Allen Ventures<\/a> and the firm\u2019s quantum capabilities<\/a>.<\/p>\n About Booz Allen Hamilton<\/b><\/p>\n \nTrusted to transform missions with the power of tomorrow\u2019s technologies, Booz Allen Hamilton advances the nation\u2019s most critical civil, defense, and national security priorities. We lead, invest, and invent where it\u2019s needed most\u2014at the forefront of complex missions, using innovation to define the future. We combine our in-depth expertise in AI and cybersecurity with leading-edge technology and engineering practices to deliver impactful solutions. Combining 110 years of strategic consulting expertise with the perspectives of diverse talent, we ensure results by integrating technology with an enduring focus on our clients. We\u2019re first to the future\u2014moving missions forward to realize our purpose: Empower People to Change the World\u00ae.<\/p>\n \nWith global headquarters in McLean, Virginia, our firm employs approximately 35,800 people globally as of September 30, 2024, and had revenue of $10.7 billion for the 12 months ended March 31, 2024. To learn more, visit www.boozallen.com<\/a>. (NYSE: BAH)<\/p>\n Forward-Looking Statements<\/b><\/p>\n \nCertain statements contained in this release include \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cforecasts,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201coutlook,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201cpreliminary,\u201d or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct.<\/p>\n \nThese forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2024, which can be found at the SEC\u2019s website at www.sec.gov<\/a>. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n \nBAHPR-CO<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250114157812\/en\/<\/a><\/span><\/p>\n \nMedia Relations: Amanda Allison-Martini, Allison_Amanda@bah.com KEYWORDS:<\/b> Virginia United States North America<\/p>\n INDUSTRY KEYWORDS:<\/b> Technology Other Defense Security Other Technology Public Policy\/Government Networks Hardware White House\/Federal Government Defense Artificial Intelligence<\/p>\n<\/p>\n
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Investor Relations: Investor_Relations@bah.com<\/a><\/p>\n
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