IonQ Unveils Its First Quantum Computer in Europe, Online Now at a Record #AQ36

Rhea-AI Summary

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.

Positive

• Achieved record-breaking algorithmic qubit count of #AQ36, exceeding promised #AQ35
• First datacenter-ready quantum computer operating outside the US
• Expansion into European market with new Innovation Center
• Global datacenter footprint established across US and Europe

Negative

• None.

Insights

Tech Expert

The installation of IonQ Forte Enterprise in Switzerland with a record-breaking #AQ36 performance represents a significant technological advancement. The system's ability to process 68 billion possibilities simultaneously marks a substantial leap in quantum computing capabilities. The datacenter-ready design with rack-mounted form factor and low energy profile demonstrates maturity in quantum computing infrastructure. This expansion into Europe, coupled with existing datacenters in Washington D.C. and Seattle, establishes a robust global quantum computing network. The achievement of #AQ36, surpassing the promised #AQ35, showcases IonQ's accelerating technological progress and ability to exceed performance targets in commercial quantum systems.

Market Research Analyst

This European expansion significantly strengthens IonQ's market position and competitive advantage in the global quantum computing race. The partnership with QuantumBasel opens access to lucrative European markets, including enterprise customers, government entities and research institutions. The successful deployment ahead of schedule with superior performance metrics (#AQ36) demonstrates operational excellence and could positively impact investor confidence. The strategic location in Switzerland, known for its strong financial and pharmaceutical sectors, positions IonQ to capture high-value commercial applications. This move could accelerate revenue growth through new customer acquisition and strengthen IonQ's leadership in the commercialization of quantum computing technology.

IonQ’s quantum computer Forte Enterprise has achieved the record-breaking milestone of #AQ36

In partnership with QuantumBasel, IonQ Forte Enterprise will provide European Enterprise Customers, Industries, government entities, and research institutes with local access to IonQ’s most powerful quantum systems

IonQ has opened its First European Innovation Center at the uptownBasel campus in Arlesheim, Switzerland

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leader in the quantum computing and networking industry, today announced the delivery of IonQ Forte Enterprise to its first European Innovation Center at the uptownBasel campus in Arlesheim, Switzerland. Achieved in partnership with QuantumBasel, this major milestone marks the first datacenter-ready quantum computer IonQ has delivered that will operate outside the United States and the first quantum system for commercial use in Switzerland.

IonQ European Innovation Center - Arlesheim, Switzerland (Photo: Business Wire)

Forte Enterprise is now online servicing compute jobs while performing at a record algorithmic qubit count of #AQ36, which is significantly more powerful than the promised #AQ35. With each additional #AQ, the useful computational space for running quantum algorithms doubles. A system with #AQ36 is capable of considering more than 68 billion different possibilities simultaneously. With this milestone, IonQ once again leads the industry in delivering production-ready systems to customers.

“The successful commissioning of Forte Enterprise in Europe – on schedule and at an even higher performance level than announced previously – demonstrates IonQ’s commitment to driving global quantum adoption through technological leadership and operational excellence,” said Peter Chapman, CEO and President of IonQ. “Achieving #AQ36 is a significant leap forward, opening new possibilities for applications including logistics, finance, pharmaceuticals, chemistry and artificial intelligence.”

“Offering the state-of-the-art Forte Enterprise quantum computing platform to our ecosystem will accelerate the development of quantum applications across a range of fields,” said Damir Bogdan, CEO of QuantumBasel. “By collaborating with IonQ, we’re positioning the uptownBasel campus as a leader in quantum innovation, fostering breakthroughs that address real-world challenges.”

IonQ’s next generation commercial quantum systems such as Forte Enterprise are optimized for data center environments, sporting a rack-mounted form factor, low energy profile, and minimal environmental isolation requirements.

Building on a History of Excellence

Today’s IonQ Forte Enterprise system commissioning represents the culmination of IonQ’s engineering innovation, operational excellence, and enterprise-grade production capabilities.

“This milestone reflects the hard work and ingenuity of teams across IonQ and QuantumBasel,” said Dr. Dave Mehuys, VP of Production Engineering. “We aligned our system build with on-site datacenter construction and IonQ’s manufacturing and production teams leveraged their decades of expertise to bring this groundbreaking system online faster than anticipated.”

Pioneering a New Era of Computing

IonQ’s record-breaking achievement of #AQ36 signals the company’s dedication and success in advancing quantum performance. Forte Enterprise expands the potential for driving groundbreaking research in areas such as quantum chemistry and machine learning.

“IonQ’s ability to deliver Forte Enterprise with #AQ36 reflects our growing capabilities to execute on our mission to drive significant quantum advancements globally,” said Dr. Dean Kassmann, Senior Vice President of Engineering and Technology at IonQ. “Each step we take demonstrates our commitment to bringing quantum computing from the lab to practical, impactful, and commercial uses.”

A Quantum Leap for Europe and Beyond

IonQ’s first European Innovation Center will allow the company to service its European customers out of its QuantumBasel location and to drive research and development of next generation quantum applications in Europe.

As part of its partnership with IonQ, QuantumBasel will offer its ecosystem– including enterprises, research institutes, startups, and universities – direct access to the #AQ36 Forte Enterprise system.

With datacenters now in the Washington, D.C., Seattle, and Basel, Switzerland areas, IonQ has firmly established a global data center footprint, reinforcing its position as a leader in quantum technology.

To learn more about IonQ’s latest innovations, visit www.ionq.com.

About IonQ

IonQ, Inc. is a leader in quantum computing that delivers high-performance systems capable of solving 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.

About QuantumBasel

QuantumBasel is a competence center for quantum computing and AI and drives access to commercial quantum computing to foster innovation. QuantumBasel places particular emphasis on technological neutrality and is Switzerland’s first commercial quantum computing hub, providing access to hardware from IBM, D-Wave and IonQ. QuantumBasel’s team of quantum and data scientists trains and supports companies, conducts projects in quantum computing and AI, and collaborates closely with universities and academic institutions. Through an internationally connected ecosystem, QuantumBasel provides access to advanced know-how and technologies, enabling companies in industrial production, logistics, finance, energy, life sciences, and start-ups to achieve innovations they cannot develop independently. www.quantumbasel.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 terms “adoption,” “advancing,” “advancements,” “collaborating,” “commitment,” “demonstrates,” “development,” “groundbreaking” “milestone,” “next generation,” “optimized,” “potential,” “significant leap forward,” “state-of-the-art,” “will,” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the company’s technology driving commercial quantum advantage in the future, the timing of delivering to customers IonQ Forte Enterprise systems, the planned increase to the footprint of the uptownBasel campus in Arlesheim, Switzerland, the company’s ability to establish public-private partnerships, the ability for third parties to implement IonQ’s offerings to increase their quantum computing capabilities, access to IonQ’s quantum computers, the ability to test and execute quantum applications on IonQ’s quantum computers, the opportunity to test and optimize novel quantum-enhanced algorithms for computational challenges on IonQ’s quantum computers; the problems that can be solved by IonQ’s quantum computers, the advantages of IonQ's approach to the manufacturing of IonQ’s systems, IonQ’s quantum computing capabilities and plans, and the scalability and reliability of IonQ’s quantum computing offerings. 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: changes in the competitive industries in which IonQ operates; the ability of IonQ to protect its intellectual property; changes in laws and regulations affecting IonQ’s business; IonQ’s ability to implement its business plans, technical roadmap, and other expectations, identify and realize partnerships and opportunities, and to engage new and existing customers; or market adoption of quantum computing solutions and IonQ’s products, services and solutions. 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. IonQ may or may not choose to practice or otherwise use the inventions described in the issued patents in the future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241205805000/en/

IonQ Media contact:

Jane Mazur

Press@ionq.co



IonQ Investor Contact:

investors@ionq.co

Source: IonQ, Inc.

FAQ

What is the algorithmic qubit count of IonQ's new Forte Enterprise quantum computer?

IonQ's Forte Enterprise quantum computer has achieved a record-breaking algorithmic qubit count of #AQ36, capable of processing over 68 billion different possibilities simultaneously.

Where has IonQ (IONQ) installed its first European quantum computer?

IonQ has installed its first European quantum computer at the uptownBasel campus in Arlesheim, Switzerland, in partnership with QuantumBasel.

How many datacenters does IonQ (IONQ) currently operate?

IonQ operates datacenters in three locations: Washington, D.C., Seattle, and Basel, Switzerland.

What capabilities does the IonQ Forte Enterprise system offer?

The IonQ Forte Enterprise system offers datacenter-ready quantum computing with a rack-mounted form factor, low energy profile, and can process over 68 billion different possibilities simultaneously with its #AQ36 capability.