STOCK TITAN

IonQ Aria, Newest Quantum Computer, Coming to Microsoft’s Azure Quantum Platform

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

IonQ has partnered with Microsoft to integrate its latest quantum computer, IonQ Aria, into the Azure Quantum platform. This collaboration enhances cloud access to IonQ's most advanced quantum system, which features 20 Algorithmic Qubits, making it the industry’s most powerful quantum computer. The expanded beta program enables selected partners to utilize IonQ Aria for various applications, including financial modeling and quantum machine learning.

Positive
  • Partnership with Microsoft enhances visibility and access to IonQ Aria.
  • IonQ Aria recognized as the most powerful quantum computer currently available.
  • Expanded beta program allows early access partners to solve complex problems using advanced quantum capabilities.
Negative
  • None.

IonQ Aria’s miniaturized “deck of cards” trap and vacuum chamber package. The compact form factor not only makes the system’s core smaller; it also makes the system more stable overall.

IonQ and Microsoft have partnered to bring the IonQ Aria system to Azure Quantum

Industry’s most powerful quantum computer enters expanded commercial service

COLLEGE PARK, Md.--(BUSINESS WIRE)--

IonQ (NYSE: IONQ), a leader in quantum computing, today announced that it had signed an agreement with Microsoft to bring IonQ Aria to the Azure Quantum platform. The partnership will add IonQ Aria, the company’s latest quantum system, to the cloud platform which already features IonQ’s prior generation of systems among the lineup of available hardware.

IonQ Aria’s miniaturized “deck of cards” trap and vacuum chamber package. The compact form factor not only makes the system’s core smaller; it also makes the system more stable overall. (Photo: Business Wire)

IonQ Aria’s miniaturized “deck of cards” trap and vacuum chamber package. The compact form factor not only makes the system’s core smaller; it also makes the system more stable overall. (Photo: Business Wire)

IonQ Aria is IonQ’s most advanced commercially available quantum computer. Featuring 20 Algorithmic Qubits (#AQ), it is also the industry’s most powerful quantum computer based on standard application-oriented industry benchmarks. Through this partnership, anyone with an internet connection will be able to harness IonQ Aria’s abilities, furthering the democratization of quantum computing.

“We’re excited to bring IonQ Aria’s leading capabilities to more customers through Microsoft Azure and our Expanded Beta program,” said IonQ President and CEO Peter Chapman. “We believe the future of quantum computing relies on getting the power of today’s systems into the hands of as many people as possible, and building on our existing partnership with Microsoft is an important step along that path.”

This announcement also marks IonQ Aria’s entry into an expanded beta program. Select early access partners have already been using the system to solve problems in financial modeling, electric vehicle battery chemistry and more. Now, additional customers are beginning to use the leading hardware to explore applications ranging from quantum machine learning to logistics.

“Azure Quantum helps customers learn, explore, and develop for quantum impact with an open, unified cloud ecosystem, and with the addition of IonQ’s Aria, offers even more capabilities and hardware diversity," said Dr. Krysta Svore, Distinguished Engineer, VP Quantum Software at Microsoft. “The innovators on our platform will benefit from IonQ Aria’s ability to execute quantum circuits with more gates, pursuing the development and exploration of larger quantum programs.”

The announcement of IonQ Aria on Azure Quantum follows a series of recent commercial milestones for IonQ. Earlier this quarter, IonQ announced a partnership with Hyundai Motor to design quantum algorithms to simulate battery chemistry in electric vehicles. IonQ has previously announced collaborations with GE Research to tackle risk mitigation and with Goldman Sachs on Monte Carlo simulations for financial applications like pricing options.

About IonQ

IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ’s latest generation quantum computer, IonQ Aria, is the world’s most powerful quantum computer, and IonQ has defined what it believes is the best path forward to scale.

IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.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, including the words “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ Aria’s technical achievements, future potential, and status in the quantum computing industry; and the use of #AQ as an evaluation tool. 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 IonQ’s products, services and solutions; the ability of IonQ to protect its intellectual property; changes in the competitive industries in which IonQ operates; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry including, but not limited to, as a result of the COVID-19 pandemic and the recent incursion into Ukraine. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of IonQ’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 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.

IonQ Media Contact:

Dillon Olagaray

Mission North

ionq@missionnorth.com

IonQ Investor Contact:

investors@ionq.co

Source: IonQ, Inc.

IonQ, Inc.

NYSE:IONQ

IONQ Rankings

IONQ Latest News

IONQ Stock Data

8.55B
194.41M
9.84%
36.89%
17.57%
Computer Hardware
Services-computer Integrated Systems Design
Link
United States of America
COLLEGE PARK