IonQ and the University of Maryland Sign $9M Partnership To Drive Quantum Innovation
IonQ (NYSE: IONQ) and the University of Maryland (UMD) have announced a $9M partnership to expand their collaboration at the National Quantum Lab at Maryland (QLab). This investment aims to cement Maryland's leadership in quantum computing and provide state-of-the-art quantum access to UMD-affiliated individuals. The partnership builds on UMD's 35-year investment in quantum research, which has produced a world-leading concentration of expertise, including Nobel Laureate Dr. William Phillips.
QLab has become a quantum innovation hub, driving economic development and attracting top talent to the region. The lab has supported multiple cohorts of undergraduate interns, academic research projects, and companies within UMD's Quantum Startup Foundry and Mid-Atlantic Quantum Alliance. The collaboration focuses on growing the quantum computing user base by supporting research projects that advance quantum solutions, enable scientific discovery, and prepare a skilled workforce.
IonQ (NYSE: IONQ) e l'Università del Maryland (UMD) hanno annunciato una partnership da 9 milioni di dollari per ampliare la loro collaborazione presso il National Quantum Lab del Maryland (QLab). Questo investimento ha l'obiettivo di consolidare la leadership del Maryland nel campo del calcolo quantistico e di fornire accesso all'avanguardia al quantum per le persone affiliate all'UMD. La partnership si basa sui 35 anni di investimento dell'UMD nella ricerca quantistica, che ha prodotto una concentrazione di competenze di livello mondiale, incluso il Premio Nobel Dr. William Phillips.
QLab è diventato un centro di innovazione quantistica, promuovendo lo sviluppo economico e attirando i migliori talenti nella regione. Il laboratorio ha supportato più gruppi di stagisti universitari, progetti di ricerca accademica e aziende all'interno del Quantum Startup Foundry e della Mid-Atlantic Quantum Alliance dell'UMD. La collaborazione si concentra sull'aumento della base utenti del calcolo quantistico supportando progetti di ricerca che avanzano soluzioni quantistiche, abilitano la scoperta scientifica e preparano una forza lavoro qualificata.
IonQ (NYSE: IONQ) y la Universidad de Maryland (UMD) han anunciado una asociación de 9 millones de dólares para ampliar su colaboración en el National Quantum Lab de Maryland (QLab). Esta inversión tiene como objetivo consolidar el liderazgo de Maryland en computación cuántica y proporcionar acceso de vanguardia a individuos afiliados a la UMD. La asociación se basa en los 35 años de inversión de la UMD en investigación cuántica, que ha producido una concentración de experiencia líder mundial, incluido el Premio Nobel Dr. William Phillips.
QLab se ha convertido en un centro de innovación cuántica, impulsando el desarrollo económico y atrayendo talento de primera en la región. El laboratorio ha apoyado múltiples cohortes de pasantes universitarios, proyectos de investigación académica y empresas dentro del Quantum Startup Foundry y la Mid-Atlantic Quantum Alliance de la UMD. La colaboración se centra en aumentar la base de usuarios de la computación cuántica apoyando proyectos de investigación que hagan avanzar las soluciones cuánticas, posibiliten el descubrimiento científico y preparen una fuerza laboral calificada.
IonQ (NYSE: IONQ)와 메릴랜드 대학교 (UMD)는 메릴랜드의 국가 양자 연구소 (QLab)에서 협력을 확대하기 위한 900만 달러 파트너십을 발표했습니다. 이 투자는 메릴랜드가 양자 컴퓨팅 분야에서의 리더십을 확고히 하고 UMD 소속 개인들에게 최첨단 양자 접근을 제공하는 것을 목표로 하고 있습니다. 이 파트너십은 35년간 양자 연구에 투자해 온 UMD의 노력을 기반으로 하며, 노벨상 수상자인 윌리엄 필립스 박사를 포함한 세계적인 수준의 전문 지식을 생산해왔습니다.
QLab은 양자 혁신 허브로 자리잡으면서 경제 발전을 촉진하고 지역 내 최고의 인재를 유치하고 있습니다. 이 연구소는 여러 학부 인턴 그룹, 학술 연구 프로젝트 및 UMD의 Quantum Startup Foundry와 Mid-Atlantic Quantum Alliance 내의 기업들을 지원해왔습니다. 이 협력은 양자 솔루션을 발전시키고, 과학적 발견을 가능하게 하며, 숙련된 인력을 준비하는 연구 프로젝트를 지원함으로써 양자 컴퓨팅 사용자 기반을 늘리는 데 중점을 두고 있습니다.
IonQ (NYSE: IONQ) et l'Université du Maryland (UMD) ont annoncé un partenariat de 9 millions de dollars pour étendre leur collaboration au National Quantum Lab du Maryland (QLab). Cet investissement vise à consolider le leadership du Maryland en informatique quantique et à fournir un accès à la pointe de la technologie aux personnes affiliées à l'UMD. Ce partenariat s'appuie sur les 35 ans d'investissement de l'UMD dans la recherche quantique, qui a produit une concentration d'expertise de premier plan mondial, y compris le lauréat du Prix Nobel Dr. William Phillips.
QLab est devenu un pôle d'innovation quantique, stimulant le développement économique et attirant les meilleurs talents dans la région. Le laboratoire a soutenu plusieurs cohortes de stagiaires de premier cycle, des projets de recherche académique et des entreprises au sein du Quantum Startup Foundry et de la Mid-Atlantic Quantum Alliance de l'UMD. La collaboration se concentre sur l'accroissement de la base d'utilisateurs de l'informatique quantique en soutenant des projets de recherche qui avancent des solutions quantiques, permettent des découvertes scientifiques et préparent une main-d'œuvre qualifiée.
IonQ (NYSE: IONQ) und die Universität Maryland (UMD) haben eine Partnerschaft im Wert von 9 Millionen Dollar angekündigt, um ihre Zusammenarbeit im National Quantum Lab in Maryland (QLab) zu erweitern. Diese Investition zielt darauf ab, die Führungsrolle von Maryland im Bereich Quantencomputing zu festigen und UMD-affiliierten Personen einen hochmodernen Zugang zu bieten. Die Partnerschaft baut auf den 35 Jahren Investition der UMD in die Quantenforschung auf, die eine weltweit führende Konzentration an Fachwissen hervorgebracht hat, darunter der Nobelpreisträger Dr. William Phillips.
QLab hat sich zu einem Quanteninnovationszentrum entwickelt, das die wirtschaftliche Entwicklung vorantreibt und hochqualifizierte Talente in die Region anzieht. Das Labor hat mehrere Gruppen von Praktikanten, akademischen Forschungsprojekten und Unternehmen im Quantum Startup Foundry und der Mid-Atlantic Quantum Alliance der UMD unterstützt. Die Zusammenarbeit konzentriert sich darauf, die Nutzerbasis für Quantencomputing zu erhöhen, indem Forschungsprojekte unterstützt werden, die quantenbasierte Lösungen vorantreiben, wissenschaftliche Entdeckungen ermöglichen und eine qualifizierte Arbeitskräfte vorbereiten.
- $9M partnership expansion between IonQ and University of Maryland
- Access to IonQ's industry-leading trapped ion quantum computers for UMD-affiliated individuals
- QLab driving economic development and attracting top talent to Maryland
- Support for multiple academic research projects and quantum startups
- None.
The $9M partnership between IonQ and the University of Maryland represents a significant investment in quantum computing research and development. This collaboration strengthens IonQ's position in the quantum industry and potentially accelerates its product development pipeline. For investors, this could translate to long-term value creation as IonQ gains access to top talent and cutting-edge research.
However, the immediate financial impact on IonQ's stock may be , as the partnership's benefits will likely materialize over time. Investors should monitor how this collaboration translates into tangible advancements in IonQ's quantum computing capabilities and market share. The partnership also reinforces Maryland's status as a quantum hub, which could attract additional investments and talent to the region, indirectly benefiting IonQ.
This partnership signifies a major leap in quantum computing research and development. The National Quantum Lab (QLab) provides a unique environment where academic expertise meets industry-leading technology. This synergy could accelerate breakthroughs in quantum computing applications across various fields.
The collaboration's focus on expanding the quantum computing user base is particularly noteworthy. By supporting diverse research projects and preparing a skilled workforce, IonQ and UMD are laying the groundwork for wider adoption of quantum computing technologies. This could potentially lead to new use cases and market opportunities for IonQ's quantum systems.
Investors should pay attention to the outcomes of research projects and any patents resulting from this partnership, as these could be indicators of IonQ's future competitive advantage in the quantum computing market.
The IonQ-UMD partnership strengthens Maryland's position as the 'Capital of Quantum,' which could have significant implications for the quantum computing market landscape. This collaboration may attract more quantum-focused companies and investments to the region, potentially creating a powerful ecosystem that could accelerate industry growth.
For investors, this partnership signals IonQ's commitment to maintaining its leadership in the quantum computing space. The company's access to top talent and research capabilities through QLab could enhance its ability to innovate and stay ahead of competitors. However, it's important to note that the quantum computing market is still in its early stages, with high potential but also significant risks and uncertainties.
Investors should monitor how this partnership translates into concrete advancements in IonQ's technology and market position relative to other players in the quantum computing industry.
The University’s investment in the National Quantum Lab helps further cement Maryland’s leadership in quantum computing
UMD’s investment in quantum spans over 35 years and has produced a world leading concentration of quantum expertise - including Nobel Laureate Dr. William Phillips. The University’s 10 quantum-focused centers have over 200 researchers who have produced 200+ publications annually, and graduated 100+ quantum-focused physics PhDs in the last decade.
As a result of UMD’s investments, QLab has become a quantum innovation hub, driving economic development in the state, while attracting top talent to the region. With substantial allocations to the open science community for high-impact scientific research projects, IonQ and UMD strive to foster connections with universities in
“This partnership strengthens IonQ’s commitment to the state of
“UMD’s continued partnership with IonQ reaffirms our commitment to quantum innovation and the dramatic impact it is making in academia, government and the public sector,” said University of Maryland President Darryll J. Pines. “IonQ’s industry-leading technology and expertise make them an invaluable partner in driving quantum research and development that will transform lives here in
QLab, a first-of-its-kind lab for quantum research and development, has supported multiple cohorts of undergraduate interns, multiple academic research projects, and multiple companies within UMD’s Quantum Startup Foundry and Mid-Atlantic Quantum Alliance. Workshops have also been held for government partners such as NASA Goddard Space Flight Center, as well as other events and tours for government and international visitors.
The grand opening of QLab a year ago marked a pivotal moment in establishing a collaborative, diverse quantum research community in
Together with IonQ, UMD is focused on growing the quantum computing user base by supporting research projects that advance quantum computing solutions, enable scientific discovery, and prepare a skilled workforce.
To learn more about IonQ and its latest system news and business developments, visit https://ionq.com/.
About IonQ
IonQ, Inc. is a leader in quantum computing that delivers high-performance systems to solve the world’s largest and most complex commercial and research use cases. IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company’s innovative technology and rapid growth were recognized in Fast Company’s 2023 Next Big Things in Tech List and Deloitte’s 2023 Technology Fast 500™ List, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.
IonQ Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature are intended to identify forward-looking statements, including the word “will”. These statements include those related to possible accelerated breakthroughs in quantum computing; possible breakthroughs in quantum research and development; and growth in the quantum user base. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: market adoption of quantum computing solutions and our products, services and solutions; IonQ’s ability to implement our business plans, forecasts and other expectations; our ability to achieve scientific and technological breakthroughs and protect our intellectual property; changes in the competitive industries in which we operate; changes in laws and regulations affecting our business; the risk of downturns in the market and the technology industry; and IonQ’s ability to identify and realize partnerships and opportunities, and to engage new and existing customers. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company’s filings, including but not limited to those described in the “Risk Factors'' section of IonQ’s most recent Quarterly Report on Form 10-Q and other documents filed by IonQ from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240911364454/en/
IonQ Media contact:
Tyler Ogoshi
press@ionq.com
IonQ Investor Contact:
investors@ionq.co
Source: IonQ, Inc.
FAQ
What is the value of the partnership between IonQ and the University of Maryland?
What is the purpose of the National Quantum Lab at Maryland (QLab)?
How long has the University of Maryland been investing in quantum research?
What impact has QLab had on quantum innovation and economic development in Maryland?
