STOCK TITAN

New York Stock Exchange Showcases IonQ Technology in First Ever Recognition of a Quantum Company

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

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) annuncia l'esposizione della sua tecnologia di trappola ionica alla Borsa di New York (NYSE), segnando la prima volta che un'azienda di calcolo quantistico viene presentata presso la più grande borsa del mondo. La trappola ionica, che funge da fondamento dei computer quantistici di IonQ, sarà esposta nel foyer della NYSE per sei mesi. La vetrina evidenzia la crescita di IonQ dalla sua fondazione nel 2015 e dalla sua quotazione pubblica nel 2021.

L'azienda ha recentemente riportato solidi risultati finanziari per il terzo trimestre del 2024, doppiano i ricavi anno su anno e assicurandosi contratti significativi, incluso un accordo di 54,5 milioni di dollari con il Laboratorio di Ricerca dell'Aeronautica degli Stati Uniti.

IonQ (NYSE: IONQ) anuncia la exhibición de su tecnología de trampa iónica en la Bolsa de Nueva York (NYSE), marcando la primera vez que una empresa de computación cuántica es presentada en la mayor bolsa del mundo. La trampa iónica, que sirve como base para las computadoras cuánticas de IonQ, se exhibirá en el vestíbulo de la NYSE durante seis meses. La exhibición destaca el crecimiento de IonQ desde su fundación en 2015 y su salida a bolsa en 2021.

La empresa reportó recientemente un sólido desempeño financiero en el tercer trimestre de 2024, duplicando los ingresos interanuales y asegurando contratos importantes, incluido un acuerdo de 54,5 millones de dólares con el Laboratorio de Investigación de la Fuerza Aérea de EE. UU.

IonQ (NYSE: IONQ)는 뉴욕 증권 거래소(NYSE)에서 이온 트랩 기술을 선보였으며, 이는 세계에서 가장 큰 증권 거래소에서 양자 컴퓨팅 회사가 처음으로 소개되는 것을 의미합니다. IonQ의 양자 컴퓨터의 기초가 되는 이온 트랩은 NYSE 로비에서 6개월 동안 전시될 예정입니다. 이번 전시는 IonQ가 2015년에 설립되고 2021년에 상장된 이후 성장한 모습을 조명합니다.

회사는 최근 2024년 3분기 강력한 재무 성과를 보고했으며, 전년 대비 수익을 두 배로 늘리고 미 공군 연구소와의 5,450만 달러 계약을 포함해 상당한 계약을 체결했습니다.

IonQ (NYSE: IONQ) annonce l'exposition de sa technologie de piège à ions à la Bourse de New York (NYSE), marquant la première fois qu'une entreprise de calcul quantique est présentée à la plus grande bourse du monde. Le piège à ions, qui sert de fondement aux ordinateurs quantiques d'IonQ, sera exposé dans le hall de la NYSE pendant six mois. Cette exposition met en avant la croissance d'IonQ depuis sa création en 2015 et son introduction en bourse en 2021.

La société a récemment signalé de solides performances financières pour le troisième trimestre de 2024, doublant ses revenus d'une année sur l'autre et obtenant des contrats importants, y compris un accord de 54,5 millions de dollars avec le Laboratoire de Recherche de l'Armée de l'Air des États-Unis.

IonQ (NYSE: IONQ) gibt die Präsentation seiner Ionenfallen-Technologie an der New Yorker Börse (NYSE) bekannt und markiert damit das erste Mal, dass ein Unternehmen für Quantencomputing an der größten Börse der Welt vorgestellt wird. Die Ionenfalle, die als Basis für die Quantencomputer von IonQ dient, wird für sechs Monate in der Lobby der NYSE ausgestellt. Die Ausstellung hebt das Wachstum von IonQ seit seiner Gründung im Jahr 2015 und dem Börsengang im Jahr 2021 hervor.

Das Unternehmen meldete kürzlich eine starke finanzielle Leistung im dritten Quartal 2024, die Einnahmen im Jahresvergleich verdoppelt und bedeutende Verträge gesichert, darunter ein Vertrag über 54,5 Millionen US-Dollar mit dem Forschungsinstitut der US-Luftwaffe.

Positive
  • First quantum computing company to be featured at NYSE, enhancing market visibility
  • Q3 2024 revenue doubled year-over-year
  • Secured $54.5M contract with U.S. Air Force Research Lab
Negative
  • None.

Insights

The NYSE's decision to showcase IonQ's ion trap technology represents a symbolic milestone in quantum computing's journey to mainstream recognition, but has minimal direct business impact. While the display placement alongside industry giants like Coca-Cola and Goldman Sachs enhances IonQ's visibility and credibility, it doesn't materially affect operations or financials. The mention of Q3 results and the $54.5 million Air Force contract are more significant but were previously disclosed. This showcase may help with brand positioning and investor relations, but is primarily a marketing achievement rather than a business catalyst.

IonQ’s foundational ion trap chip is displayed at NYSE alongside other revolutionary technologies

With this recognition from NYSE, IonQ follows in the footsteps of other groundbreaking companies such as Coca Cola, FedEx, Goldman Sachs, and HP

COLLEGE PARK, Md.--(BUSINESS WIRE)-- IonQ (NYSE: IONQ), a leader in the quantum computing and networking industry, is honored to announce the display of its ion trap—the foundational technology behind its quantum computers—in the lobby of the New York Stock Exchange (NYSE). This showcase recognizes IonQ’s position as a technological pioneer, quantum leader, and the only quantum computing company highlighted at the world’s largest stock exchange.

Rima Alameddine (CRO), Thomas Kramer (CFO) and Peter Chapman (President and CEO) (Photo: Business Wire)

Rima Alameddine (CRO), Thomas Kramer (CFO) and Peter Chapman (President and CEO) (Photo: Business Wire)

IonQ’s ion trap, the brain of the company’s advanced quantum computers, uses precisely positioned ions as the foundational building blocks of its quantum approaches. These ions are trapped in a vacuum using electric fields and enable high-fidelity quantum operations. Trapped ion technology is a key advantage in progressing IonQ’s mission to build the world’s best quantum computers to tackle the most complex problems.

“Having our technology featured at the New York Stock Exchange is a testament to IonQ’s innovation, growth, and position in today’s technology market,” said Peter Chapman, President and CEO of IonQ. “This display reflects not only the potential of quantum computing, but also IonQ’s achievements in taking the technology out of the laboratory and into real-world commercial applications, as the first pure-play quantum computing company to go public in the US.”

The display will remain at the NYSE for six months, during which time it will be viewed by the thousands of entrepreneurs, investors, and global leaders who visit the exchange. The chip’s presence highlights IonQ’s milestones, including the company’s founding in 2015, its public listing debut on October 1, 2021, and its continued progress in advancing quantum computing technology.

The NYSE’s decision to spotlight IonQ aligns with the exchange’s commitment to innovation, as it recognizes companies that shape the future of industries. “As a public company listed alongside numerous global leaders, we are inspired to continue our trajectory of high growth and industry leadership,” added Chapman.

IonQ’s momentum was reinforced by its Q3 2024 financial results, with the company exceeding market expectations, doubling its year-over-year revenue for the quarter, and securing significant contracts, including a $54.5 million agreement with the U.S. Air Force Research Lab. IonQ’s strategic partnerships and achievements in quantum networking and applications further differentiate the company in the market.

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 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.

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 “advanced,” "exceeding,” “expectations,” “key advantage,” “potential,” “progressing,” “trajectory,” “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, IonQ’s quantum computing capabilities and plans, the commercial relevance and advantages of applications of IonQ’s quantum computing offerings, the potential benefits of IonQ’s strategic partnerships, the advantages of IonQ's approach to the manufacturing of IonQ’s systems, and the problems that can be solved by IonQ’s quantum computers. 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, including development of competing technologies; changes in laws and regulations affecting IonQ’s business; market adoption of quantum computing solutions and IonQ’s products, services and solutions; or IonQ’s ability to implement its business plans, technical roadmap, and identify and realize partnerships and opportunities. 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.

IonQ Media contact:

Jane Mazur

press@ionq.co

IonQ Investor Contact:

investors@ionq.co

Source: IonQ, Inc.

FAQ

What is the significance of IONQ's ion trap display at NYSE?

It marks the first time a quantum computing company has been featured at the NYSE, highlighting IonQ's position as a technological pioneer and industry leader in quantum computing.

How long will IONQ's ion trap technology be displayed at NYSE?

The ion trap display will remain at the NYSE for six months.

What was IONQ's revenue performance in Q3 2024?

IonQ doubled its year-over-year revenue for Q3 2024, exceeding market expectations.

What is the value of IONQ's recent contract with the U.S. Air Force Research Lab?

IonQ secured a $54.5 million agreement with the U.S. Air Force Research Lab.

When did IONQ become a publicly traded company?

IonQ made its public listing debut on October 1, 2021.

IonQ, Inc.

NYSE:IONQ

IONQ Rankings

IONQ Latest News

IONQ Stock Data

6.34B
194.36M
9.84%
36.89%
17.57%
Computer Hardware
Services-computer Integrated Systems Design
Link
United States of America
COLLEGE PARK