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IonQ, Inc. (symbol: IONQ) is at the forefront of quantum computing technology, developing world-leading general-purpose quantum information processors. The company’s unique trapped-ion approach combines unmatched physical performance, perfect qubit replication, optical networkability, and highly optimized algorithms. This results in a scalable, powerful quantum computer that supports a wide array of applications across various industries.
IonQ offers access to several quantum computers with varying qubit capacities, both through cloud platforms and its own dedicated cloud service. This cloud-based model enables broad availability of Quantum-Computing-as-a-Service (QCaaS), allowing businesses and researchers to leverage quantum computing without owning expensive hardware.
The company generates revenue through QCaaS arrangements, consulting services for co-developing algorithms on their quantum systems, and contracts related to the design, development, and construction of specialized quantum computing systems.
Among its recent achievements, IonQ has made significant strides in advancing its quantum computing capabilities and expanding its partnerships. The company is continuously researching and developing technologies for quantum computers with increasing computational power, ensuring they remain at the cutting edge of this transformative technology.
If you are interested in joining IonQ on this groundbreaking journey, you can find more information here.
IonQ (NYSE: IONQ) has completed the acquisition of Qubitekk's assets, a prominent quantum networking company. The acquisition includes Qubitekk's team, technology, and 118 patents, expanding IonQ's total patent portfolio to over 600. Qubitekk is known for developing the first commercially available quantum network in the U.S., the EPB Quantum Network in Chattanooga, Tennessee.
The acquisition strengthens IonQ's position in quantum networking and computing, particularly in sectors like defense, finance, and energy. This follows IonQ's recent $54.5 million contract with the U.S. Air Force Research Lab for quantum networking technology development. The Qubitekk team, including Co-Founder and CEO Stan Ellis, has joined IonQ to advance quantum networking initiatives.
IonQ and Oak Ridge National Laboratory (ORNL) have announced a breakthrough in quantum computing through their development of a novel hybrid quantum algorithm based on the Quantum Imaginary Time Evolution (QITE) principle. The noise-tolerant method achieved an 85% reduction in two-qubit gates for a 28-qubit problem compared to traditional QAOA solutions.
The technology was successfully tested on IonQ's Aria and Forte systems, demonstrating superior performance in both time-to-solution and circuit depth. This advancement has practical applications across various industries, including energy grid optimization, financial risk management, logistics, drug discovery, and manufacturing operations.
IonQ (NYSE: IONQ) has been included in the prestigious Newsweek Excellence 1000 Index 2025, ranking in the top quarter of recognized companies. The index, which evaluated over 25,000 companies and selected 1,000, acknowledges organizations that balance financial success with ethical practices, social responsibility, and sustainability. IonQ joins notable tech companies like NVIDIA, Cisco, VMWare, Adobe, and Salesforce on the list.
This recognition follows a significant year of growth for IonQ, marked by recent achievements including the launch of hybrid quantum computing applications with NVIDIA CUDA-Q, enterprise-grade IonQ Quantum OS, and the establishment of its first European quantum computer facility with #AQ36 performance in partnership with QuantumBasel.
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.
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