IonQ, Inc. - IONQ STOCK NEWS

IonQ (NYSE: IONQ) announces the display of its ion trap technology at the New York Stock Exchange (NYSE), marking the first quantum computing company to be featured at the world's largest stock exchange. The ion trap, which serves as the foundation of IonQ's quantum computers, will be exhibited in the NYSE lobby for six months. The showcase highlights IonQ's growth since its founding in 2015 and public listing in 2021.

The company recently reported strong Q3 2024 financial performance, doubling year-over-year revenue and securing significant contracts, including a $54.5 million agreement with the U.S. Air Force Research Lab.

IonQ (NYSE: IONQ) is showcasing its quantum computing capabilities at Q2B24 Silicon Valley, featuring a fireside chat with General Dynamics Information Technology (GDIT) about quantum partnerships in the government sector. The event highlights IonQ's latest innovations, including IonQ Forte, IonQ Forte Enterprise, and their new enterprise-grade Quantum OS and Hybrid Services suite.

The fireside chat, led by Ariel Braunstein, Senior VP of Product at IonQ, will discuss quantum go-to-market partnerships with GDIT's Michael Tait on Dec. 11, 2024. The presentation emphasizes IonQ's 2024 achievements, including opening the first US quantum computing manufacturing facility in Bothell, WA, launching their first European quantum computer with QuantumBasel, and forming partnerships with AstraZeneca, AWS, Ansys, imec, and NKT Photonics. IonQ also acquired Qubitekk to expand into quantum networking.

IonQ has announced the successful delivery of its Forte Enterprise quantum computer to its first European Innovation Center in Arlesheim, Switzerland, marking a significant milestone as the first datacenter-ready quantum computer operating outside the United States. The system has achieved a record-breaking algorithmic qubit count of #AQ36, surpassing the promised #AQ35, enabling it to process over 68 billion different possibilities simultaneously.

In partnership with QuantumBasel, the system will provide European enterprise customers, industries, government entities, and research institutes with local access to IonQ's most powerful quantum systems. The quantum computer is optimized for data center environments with a rack-mounted form factor and low energy profile. With datacenters now in Washington D.C., Seattle, and Basel, Switzerland, IonQ has established a global presence in quantum computing infrastructure.

IonQ has launched its new IonQ Quantum OS and Hybrid Services suite, marking significant advancements in enterprise quantum computing. The new operating system achieves an average 50% reduction in on-system classical overhead and 85% reduction in cloud network overhead. The system features up to 100x improved accuracy in error mitigation and enhanced calibration capabilities.

The Hybrid Services suite includes a Workload Management & Solver Service, new scheduling features, and an IonQ SDK for seamless integration. These improvements are designed to optimize performance for IonQ's quantum computers, including Forte and Forte Enterprise, while providing enterprise-grade security and improved interoperability.

IonQ (NYSE: IONQ) announces a live webinar titled 'IonQ's Full-Stack Quantum Innovation' scheduled for December 3rd, 2024. The event will showcase updates on the company's core technology development pillars: Performance, Scale, and Enterprise-Grade solutions. Technical leaders will present advancements in quantum networking, photonic interconnects, and extreme high vacuum technologies. The webinar will focus on software development, applications with customers and partners, and emerging technologies aimed at miniaturization and scale. The presentation will highlight IonQ's progress in making quantum computing commercially viable and accessible across industries.

IonQ has successfully demonstrated an end-to-end application workflow combining NVIDIA CUDA-Q platform with IonQ Forte quantum hardware. The demonstration, presented at SC24, showcases hybrid quantum-classical approaches for calculating molecular electronic structure properties, with potential applications in pharmaceutical research. The integration leverages IonQ Forte, IonQ Hybrid Services suite, CUDA-Q, and NVIDIA A100 Tensor Core GPUs, enabling deployment in both cloud and on-premises environments. This achievement builds on IonQ's support of NVIDIA CUDA-Q since 2023, highlighting their commitment to developing quantum-accelerated applications for commercial scale deployment.

IonQ announced its participation in SuperCompute 24 (SC24), showcasing new innovations in hybrid quantum-classical computing. The company will preview its IonQ Hybrid Services suite, which integrates quantum hardware with classical computing solutions. The suite includes cloud-based services for hybrid workflow management, hybrid solvers, and tools for quadratic optimization and graph partitioning. It supports various programming models including NVIDIA CUDA-Q, Qiskit, Cirq, and Q#. The new Hybrid Sessions feature utilizes Fair Share Scheduling for efficient workload management. At SC24, IonQ will demonstrate these capabilities with partners including Ansys, AWS, Dell, Google and NVIDIA.

IonQ (NYSE: IONQ), a leader in quantum computing, announced the issuance of five new U.S. patents aimed at enhancing quantum computing performance and scalability. These patents cover innovations such as quantum circuit optimization, improved gate operations, reduced noise, and error mitigation techniques. Notably, US Patent No. 12,088,351 introduces a novel architecture using multiple lasers for better control of long-chain ions. The company is also set to acquire Qubitekk’s 118 patents, bringing its total to over 600 U.S. and international patents. This robust IP portfolio underscores IonQ's leadership in the industry. The new patents are expected to drive better performance, efficiency, and scalability in quantum systems, supporting IonQ's strategic goals in commercial quantum advantage.

IonQ announced a collaboration with imec to develop photonic integrated circuits (PICs) and chip-scale ion trap technology for quantum computing. The partnership aims to reduce hardware size and cost while increasing qubit count and system performance by moving from bulk optics to integrated photonic devices. The collaboration, ongoing since 2021, focuses on developing advanced trap fabrication processes and is expected to drive down cost-per-qubit and accelerate market entry for new quantum computers. This announcement follows IonQ's recent opening of a quantum computing manufacturing facility in Bothell, Washington, and its partnership with NKT Photonics for optical subsystems.