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Accenture and IonQ have entered a multi-year partnership to drive quantum computing experimentation across various industries. This collaboration aims to leverage Accenture's expertise to help businesses innovate with IonQ's advanced quantum technology. With global demand for quantum solutions surging, CEO Peter Chapman emphasized the need for companies to prepare for transformative changes. IonQ's quantum systems are accessible via major cloud platforms, including AWS and Google Cloud. Accenture published a report, "Get Ready for the Quantum Impact," detailing business strategies for adopting quantum technology.
IonQ has announced an increase in its 2021 total contract bookings expectation from $5 million to $15 million, highlighting a strong demand for quantum computing solutions. The company attributes this growth to increased adoption among enterprise customers and aims to recognize revenue over the next 36 months. IonQ's recent efforts include a partnership with the University of Maryland to establish the National Quantum Lab and its technology's availability on major cloud platforms. Following a stockholder vote, IonQ is set to merge with dMY Technology Group, Inc. III (NYSE: DMYI), becoming the first publicly traded pure-play quantum computing company.
IonQ has partnered with the University of Maryland (UMD) to establish the National Quantum Lab (Q-Lab) with a $20M investment. This facility will grant access to cutting-edge quantum computing technology, fostering research and collaboration within the scientific community. Located in College Park, MD, the Q-Lab aims to democratize access to quantum solutions and stimulate innovation in various fields like biology and climate science. UMD's long-standing expertise in quantum research strengthens this initiative, positioning the region as a hub for quantum technology.
IonQ has introduced the Reconfigurable Multicore Quantum Architecture (RMQA), enabling dynamic configurations of 64 ions into quantum cores. This technology aims to increase qubit count significantly, reaching hundreds on a single chip. The RMQA utilizes IonQ's EGT Series ion trap chips, improving performance through better ion confinement and reduced heating. Recently, IonQ's quantum computers were made available on Google Cloud Marketplace. The company is also set to merge with dMY Technology Group, Inc. III (NYSE: DMYI), positioning itself as a leading player in the quantum computing sector.
dMY Technology Group, Inc. III (NYSE: DMYI) announced that the SEC has declared effective IonQ's registration statement regarding their business combination. The Special Meeting for DMYI shareholders to approve this merger is set for September 28, 2021, at 12 PM ET, conducted virtually. Shareholders on record as of August 16, 2021, are entitled to vote. If approved, the merger is expected to close shortly thereafter, pending all closing conditions. For assistance, shareholders can contact Morrow Sodali.
IonQ, Inc. has made strategic appointments to enhance its leadership in the quantum computing sector. Tom Jones joins as Chief People Officer, bringing extensive human resources experience. Additionally, IonQ has appointed Jordan Shapiro as VP of Financial Planning, Mark Solomon as Director of Quantum Sales, and Kevin Caimi as Controller. The company recently achieved significant milestones, including launching the world’s first 11-qubit quantum computer available on major cloud platforms and becoming the first publicly traded quantum computing company through a merger with dMY Technology Group III (NYSE: DMYI).
IonQ, a leader in trapped-ion quantum computing, is now available on the Google Cloud Marketplace, allowing Google Cloud customers to access its quantum computers. This integration makes IonQ's 11 qubit system, renowned for its high fidelity, available to developers and researchers. Furthermore, IonQ plans to introduce its 32 qubit system later this year, boasting exceptional quantum capabilities. This partnership enhances the accessibility of quantum computing and is expected to foster advancements in AI and machine learning.
IonQ, the leader in trapped-ion quantum computing, announced its full integration with Google's open-source quantum computing framework, Cirq. Volkswagen has successfully tested IonQ's system on the “paint shop problem”, showcasing consistent performance with other frameworks. This integration allows users from various industries to access IonQ's quantum solutions without needing to change their code. Furthermore, IonQ is on track to become the first publicly traded quantum computing company through a merger with dMY Technology Group III (DMYI).
IonQ announced a strategic partnership with SoftBank Investment Advisers to enhance global access to its quantum computing solutions. This collaboration aims to leverage SoftBank's portfolio in various industries while further solidifying IonQ's position in the quantum space as it approaches a public debut via a merger with dMY Technology Group III (NYSE: DMYI). IonQ's 32-qubit quantum computer is recognized as one of the most powerful globally and is accessible through major cloud platforms like Amazon Braket and Microsoft Azure.
dMY Technology Group, Inc. III (NYSE: DMYI) received a notice from the NYSE regarding non-compliance with Section 802.01E due to the late filing of its Q1 2021 Form 10-Q. This notice does not immediately affect the stock listing. The Company has until November 24, 2021, to regain compliance by filing the report. Additionally, the Company is assessing the impact of SEC guidelines on accounting for SPAC-related warrants, which may affect the financial statements included in the delayed report. The Company is working diligently to finalize and submit the Q1 2021 Form 10-Q.