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The King's Foundation and FormationQ Launch "Harmonious Urban Growth" Programme to Help Cities Plan Sustainable Expansion Using Quantum Optimisation

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IonQ (NYSE:IONQ) quantum technology will support a new three-year programme, Harmonious Urban Growth, launched by The King's Foundation and FormationQ. The initiative uses quantum optimisation and advanced computational modelling to help rapidly growing towns and cities plan sustainable expansion that supports public health and environmental resilience.

The programme builds on The King's Foundation's Rapid Planning Toolkit, piloted in Bo, Sierra Leone, and adds digital modelling from Space Syntax and IonQ’s trapped-ion quantum systems. It aims to create scalable planning frameworks that balance walkability, infrastructure efficiency, ecological corridors and economic accessibility through participatory, field-tested urban design.

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News Market Reaction – IONQ

+15.54%
127 alerts
+15.54% News Effect
+19.1% Peak in 20 hr 53 min
+$2.94B Valuation Impact
$21.84B Market Cap
1.1x Rel. Volume

On the day this news was published, IONQ gained 15.54%, reflecting a significant positive market reaction. Argus tracked a peak move of +19.1% during that session. Our momentum scanner triggered 127 alerts that day, indicating very high trading interest and price volatility. This price movement added approximately $2.94B to the company's valuation, bringing the market cap to $21.84B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Programme duration: 3 years People in unplanned settlements: 1.3 billion people Projected additional unplanned residents: well over one billion +2 more
5 metrics
Programme duration 3 years Harmonious Urban Growth partnership timeframe
People in unplanned settlements 1.3 billion people Current global population living in unplanned settlements
Projected additional unplanned residents well over one billion Expected growth in unplanned settlements over next 30 years
Planning horizon 30 years Timeframe over which unplanned settlement population may grow
CHOGM year 2022 Declaration on Sustainable Urbanisation (CHOGM 2022)

Market Reality Check

Price: $55.87 Vol: Volume 25,369,812 is belo...
low vol
$55.87 Last Close
Volume Volume 25,369,812 is below 20-day average 39,293,290 (relative volume 0.65). low
Technical Price 49.24 is trading above 200-day MA at 46.64, reinforcing a pre-existing uptrend.

Peers on Argus

IONQ was up 3.27% with several hardware peers also positive (e.g., HPQ +7.59%, S...

IONQ was up 3.27% with several hardware peers also positive (e.g., HPQ +7.59%, SMCI +6.12%, PSTG +3.61%), but no peers appeared in the momentum scanner, suggesting a more stock-specific move.

Historical Context

5 past events · Latest: May 06 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
May 06 Q1 2026 earnings Positive -9.3% Record revenue growth, large non‑cash gain, and raised 2026 guidance.
May 04 Product launch Positive -1.0% Launch of commercial InSAR earth‑monitoring capability with millimeter precision.
Apr 27 Network initiative Positive +2.7% Quantum‑safe network pilot with Florida LambdaRail over a 100‑mile corridor.
Apr 22 Technical roadmap Positive +1.6% Publication of fault‑tolerant quantum computing blueprint targeting 10,000+ qubits.
Apr 15 Earnings date announcement Neutral +20.9% Scheduling of Q1 2026 results release and related conference call details.
Pattern Detected

Recent history shows mixed reactions: strong fundamental and technical updates sometimes saw sell-offs, while an earnings date notice drew a sharp gain, indicating occasional divergence between news tone and price reaction.

Recent Company History

Over the past month, IonQ reported record Q1 2026 revenue of $64.7 million and raised full‑year guidance, yet shares fell 9.3% the next day. Earlier, product and network launches and a detailed fault‑tolerance roadmap saw modest gains. An earnings date announcement on Apr 15 coincided with a 20.95% rise. Today’s urban-planning partnership continues a pattern of showcasing practical quantum applications beyond core computing.

Market Pulse Summary

The stock surged +15.5% in the session following this news. A strong positive reaction aligns with I...
Analysis

The stock surged +15.5% in the session following this news. A strong positive reaction aligns with IonQ’s pattern of benefiting from news that showcases real-world quantum applications, such as today’s urban-planning partnership. However, past events included sharp moves that later reversed around earnings and guidance updates. Investors monitoring a large gain would typically watch for profit-taking after prior spikes and consider how high levels of existing expectations around growth might influence subsequent volatility.

Key Terms

quantum optimisation, trapped-ion systems, computational modelling, quantum computing
4 terms
quantum optimisation technical
"using quantum technology. The partnership, entitled Harmonious Urban Growth: A Health-Optimised Expansion Framework Using Quantum Methods"
Quantum optimisation uses the special properties of quantum computers to search for the best solution among many possibilities much faster than conventional computers might. Think of it as a supercharged route-finder that can evaluate millions of alternate plans at once; for investors, it matters because it could cut costs, speed decision-making and create competitive advantages in areas like logistics, portfolio selection, energy use or product design—though real-world benefits depend on how quickly the technology matures and becomes affordable.
trapped-ion systems technical
"including quantum optimisation enabled by trapped-ion systems from IonQ, to explore new methods"
Trapped-ion systems use individual charged atoms held in place by electric or magnetic fields and manipulated with laser or microwave pulses to perform extremely precise calculations and store information. Think of them as tiny charged beads suspended and tapped like piano keys to represent and process data. Investors care because this approach is one leading path to powerful quantum computers, potentially creating new industries, major competitive advantages, and long-term technology risks and rewards for hardware, software, and services.
computational modelling technical
"The initiative will incorporate advanced computational modelling, including quantum optimisation enabled"
A computer-based process that creates a simplified digital copy of a real-world system—such as a market, a drug’s behavior in the body, or a factory process—to test how it might respond to different scenarios. Investors use these models like a flight simulator to explore possible outcomes, estimate risks and potential returns, and make decisions without waiting for real-world results; accuracy depends on the data and assumptions fed into the model.
quantum computing technical
"By combining quantum computing, participatory planning and field testing, the Harmonious Urban Growth"
Quantum computing is a type of advanced technology that uses the principles of quantum physics to perform calculations much faster than traditional computers. It can process vast amounts of information simultaneously, potentially solving complex problems that are currently impossible or take too long with regular computers. For investors, this technology could lead to breakthroughs in areas like cryptography, data analysis, and optimization, impacting financial markets and security systems.

AI-generated analysis. Not financial advice.

LONDON and AUSTIN, Texas, May 11, 2026 /PRNewswire/ -- The King's Foundation and FormationQ today announced a new partnership to showcase how towns and cities across the Commonwealth can grow sustainably using quantum technology.

The partnership, entitled Harmonious Urban Growth: A Health-Optimised Expansion Framework Using Quantum Methods, is a three-year programme designed to help cities grow sustainably while improving the health of people and the planet. The initiative will incorporate advanced computational modelling, including quantum optimisation enabled by trapped-ion systems from IonQ, to explore new methods for planning complex urban systems and sustainable town planning.

Today, around 1.3 billion people live in unplanned settlements, and that number is expected to grow by well over one billion more in the next 30 years. When urban expansion occurs without planning frameworks, infrastructure and public services can struggle to keep up with population growth, creating long-term challenges for mobility, public health, and environmental resilience. Early planning helps cities become more livable, walkable and sustainable. In many of the places growing most rapidly, professional planning resources are limited, yet the need to organise urban expansion has never been greater.

The Harmonious Urban Growth programme builds on The King's Foundation's Rapid Planning Toolkit, a practical methodology developed with Commonwealth partners following the Declaration on Sustainable Urbanisation (CHOGM 2022). The Toolkit enables mayors, planning authorities and built-environment professionals to establish clear frameworks guiding responsible expansion before informal settlement patterns become difficult to reverse.

The Toolkit was piloted in Bo, Sierra Leone, where it helped local authorities and community stakeholders avoid development in flood-prone wetlands while identifying walkable areas and infrastructure corridors for future expansion.

The three-year programme will be supported by UK urban planning consultants Space Syntax, who will bring their knowledge on cities, mapping, and data to the initiative. Working alongside The King's Foundation and FormationQ, they will apply digital modelling techniques to the toolkit process, harnessing the power of IonQ's quantum technologies to develop new platforms that can support our understanding of the complexity of cities.

Ben Bolgar, Executive Director for Projects at The King's Foundation, said:

"We are excited to partner with FormationQ to explore how our Rapid Planning Toolkit can help communities grow sustainably across the world. We hope that the work of the Projects Team at The King's Foundation will impact more communities positively as a result."

Through the partnership, FormationQ will contribute advanced computational and optimisation capabilities, leveraging the IonQ quantum platform, to allow planners to explore large numbers of potential spatial configurations across interconnected systems including water networks, ecological corridors, transportation infrastructure, neighbourhood centres and block structures.

Urban planning across these layers involves complex combinatorial decisions. Advanced optimisation techniques, including quantum approaches, can help analyse these interactions more efficiently and generate alternative spatial frameworks that balance walkability, environmental resilience, infrastructure efficiency and economic accessibility.

Nada Hosking, Founder and CEO of FormationQ, said:

"Rapid urbanisation is one of the most complex systems challenges of the 21st century. Cities must balance environmental resilience, infrastructure capacity, economic opportunity and human wellbeing simultaneously. Advances in computational modelling, including quantum optimisation techniques, offer new ways to explore these complex interactions and support better planning decisions."

The computational modelling informs a participatory planning process in which planners, local authorities and community representatives review spatial options and shape a preferred framework. Proposed plans can then be tested directly on site, with streets, squares and public spaces physically marked on the ground and digitally mapped to guide early development.

By combining quantum computing, participatory planning and field testing, the Harmonious Urban Growth programme aims to create a scalable framework for guiding sustainable city expansion in rapidly urbanising regions. The collaboration between The King's Foundation and FormationQ reflects a shared commitment to supporting resilient communities and responsible stewardship of the built environment.

Notes to Editors

About The King's Foundation

The King's Foundation was founded by King CHarles III and was first formed in 1990. The charity's core mission is to build sustainable communities and transform lives.

Inspired by the values of His Majesty, the Foundation builds and supports communities where people, places and the planet can coexist in harmony. The Foundation's Projects Team works both domestically and internationally across stakeholder and community engagement, masterplanning, and community regeneration. Over 35 years, the team has developed plans for hundreds of thousands of homes in walkable communities and revitalised a range of historic buildings. In addition to its UK presence, the Foundation delivers projects in over a dozen sites worldwide.

The King's Foundation is headquartered at its flagship regeneration project, Dumfries House in Ayrshire, Scotland, and acts as custodian of other historic Royal sites including Highgrove Gardens and The Castle of Mey. The charity also manages educational programmes and cultural events in London at The King's School for Traditional Arts, The Garrison Chapel and Trinity Buoy Wharf.

For more information, please visit www.kings-foundation.org / or email media@kings-foundation.org.

About FormationQ

FormationQ is the enablement layer for global quantum adoption. The company builds the institutional pathways and collaborative structures that allow quantum technologies to move from frontier research into real-world use. Working with leading institutions and technology partners, FormationQ operates and supports programmes that advance talent development, application formation, and ecosystem coordination in ways that can be governed, trusted, and sustained over time.

About IonQ

IonQ, Inc. [NYSE: IONQ] is the world's leading quantum platform and merchant supplier - delivering integrated quantum solutions across computing, networking, sensing, and security. IonQ's newest generation of quantum computers, the IonQ Tempo, is the latest in a line of cutting-edge systems that have been helping customers and partners including Amazon Web Services, NVIDIA, and Astrazeneca achieve 20x performance results and accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. In 2025, the company achieved 99.99% two-qubit gate fidelity, setting a world record in quantum computing performance.

Headquartered in College Park, Maryland, IonQ has operations in California, Colorado, Massachusetts, Tennessee, Washington, Italy, South Korea, Sweden, Switzerland, Canada, and the United Kingdom. Our quantum computing services are available through all major cloud providers, while we also meet the needs of networking and sensing customers across land, sea, air, and space. IonQ is making quantum platforms more accessible and impactful than ever before. Learn more at IonQ.com.

FormationQ Media Contacts
formationq@edelman.com

Matthew Strebe
FormationQ
matthew.strebe@formationq.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/the-kings-foundation-and-formationq-launch-harmonious-urban-growth-programme-to-help-cities-plan-sustainable-expansion-using-quantum-optimisation-302767462.html

SOURCE FormationQ

FAQ

What is the Harmonious Urban Growth programme involving IonQ (NYSE:IONQ)?

The Harmonious Urban Growth programme is a three-year partnership using quantum optimisation to support sustainable city expansion. According to IonQ, it combines its trapped-ion quantum systems with The King's Foundation's Rapid Planning Toolkit and FormationQ’s computational methods to guide healthier, more resilient urban growth.

How will IonQ quantum computing be used in the Harmonious Urban Growth project?

IonQ quantum computing will enable advanced optimisation of complex urban planning decisions across multiple infrastructure layers. According to IonQ, its platform helps planners explore many spatial configurations for water networks, ecological corridors, transport, neighbourhood centres and block structures, supporting frameworks that balance walkability, resilience and economic accessibility.

Who are the partners in the Harmonious Urban Growth quantum urban planning initiative?

The initiative is led by The King's Foundation and FormationQ, with quantum technology from IonQ and planning support from Space Syntax. According to IonQ, these partners combine participatory planning, digital modelling and quantum optimisation to develop scalable frameworks for sustainable expansion in rapidly urbanising regions.

How does the Rapid Planning Toolkit relate to the IonQ-supported Harmonious Urban Growth programme?

The Rapid Planning Toolkit is the methodological base that Harmonious Urban Growth further develops using digital and quantum tools. According to IonQ, the programme adds computational modelling and optimisation to help mayors and planners set early frameworks guiding responsible expansion before informal settlement patterns become hard to reverse.

What urban challenges does the IonQ-backed Harmonious Urban Growth programme aim to address?

The programme targets pressures from rapid, often unplanned urbanisation affecting mobility, public health and environmental resilience. According to IonQ, quantum-enabled modelling helps analyse complex interactions among infrastructure, ecology and neighbourhood layouts, supporting spatial options that promote walkability, infrastructure efficiency and long-term community wellbeing.