Boston, MA, July 15, 2024 — QuEra, a pioneering neutral-atom quantum computing company, announced today that Alex Keesling will transition from CEO to take on a new role in leading QuEra's efforts to achieve higher-volume production and enhance its technology leadership, a critical strategic priority for the company. The Board of Directors appointed board member Andy Ory as the acting CEO while the company searches for a permanent replacement.

Alex Keesling, who has been instrumental in guiding QuEra to its current leadership position in quantum computing, will leverage his expertise to drive the company's production capabilities and achieve 100 logical error-corrected qubits, a key roadmap milestone. During his tenure as CEO, Keesling spearheaded significant advancements and positioned QuEra as a key player in the quantum computing landscape.

"It has been a privilege to lead QuEra and work with such an innovative and dedicated team," said Keesling. ""I am excited to take on this new role and focus on scaling our production and advancing our technology to meet the growing demand for our quantum computing solutions. I am confident that under Andy's intermediate leadership, QuEra will continue to thrive and reach new milestones."

Andy Ory, an accomplished entrepreneur with a rich background in founding and leading successful technology companies, brings a wealth of experience to his new role as interim CEO. Ory co-founded and led several companies, including Acme Packet, acquired by Oracle, and 128 Technology, which was acquired by Juniper Networks.

"We are grateful for Alex's outstanding leadership and continued commitment to QuEra's success," said Ory. "His vision and dedication have been pivotal in establishing QuEra as a leader in the quantum computing industry. As we transition, I am honored to step in as acting CEO and support QuEra's mission to advance quantum technology. I look forward to working closely with the team to maintain our momentum and drive forward our strategic initiatives."

Under Ory's interim leadership, QuEra will continue to focus on innovation, expanding its market presence, and achieving high-volume production to meet the needs of its customers and partners.