Zapata Quantum, Inc. announced on October 6, 2026, that it has joined the IBM Quantum Network. The filing states that the company intends to utilize IBM’s quantum computing infrastructure alongside its own expertise in use-case discovery and application development to translate quantum advances into practical applications.

According to the press release included as Exhibit 99.1, Zapata’s goal is to help close the gap between quantum computing progress and real-world impact. The company’s strategy focuses on identifying, evaluating, and developing mission-critical applications.

Sumit Kapur, CEO of Zapata Quantum, stated that the rapid progress IBM is making toward fault-tolerant quantum computing brings the need for application development into sharper focus. He noted that Zapata’s Quantum Application Intelligence aims to translate an organization’s highest-mission priorities into practical quantum applications.

Jonny Olson, VP Strategy and Co-Founder, commented that IBM’s roadmap to fault-tolerant quantum computing is credible and that superconducting qubits offer a capable path to advantage due to their speed. He added that joining the network allows Zapata to identify valuable opportunities for organizations requiring the fastest systems and prepare them for the moment quantum delivers real return on investment.

The filing highlights that this collaboration builds on a history of joint research between IBM and Zapata. Notable past work includes a landmark study published in Nature Biotechnology in 2025 that produced experimentally validated candidates targeting the KRAS gene. This study was selected as one of the journal’s Top 10 Articles of 2025. Additionally, scientists from the two companies co-authored research published in npj Quantum Information regarding variational quantum factoring on a superconducting processor.

The company noted that being part of the IBM Quantum Network aligns with its broader strategy of working with technology leaders across the quantum and AI ecosystems. This membership is expected to inform Zapata’s Quantum Pilot platform, a hardware-agnostic tool designed to help enterprises identify, prioritize, and develop quantum applications.

Zapata Quantum describes itself as a hardware-agnostic, pure-play quantum software company. The company reports a portfolio of more than 60 granted and pending patents developed over seven years. It states it is the only organization to have participated across all technical areas of DARPA’s Quantum Benchmarking program and has worked with Fortune 500 enterprises and government agencies.