IonQ | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
IonQ is a quantum computing company based in College Park, Maryland, dedicated to building the world's best quantum computers to...
IonQ is a quantum computing company based in College Park, Maryland, dedicated to building the world's best quantum computers to solve complex problems. Their unique trapped-ion technology offers unmatched performance and scalability, supporting a wide range of applications across various industries. IonQ is recognized as the first public pure-play quantum computing company.
Website
Headquarters
College Park, Maryland
Size
201-500 employees
Industry
Computers and Electronics Manufacturing
Specialities
Quantum Computing, Quantum Information Processing, Quantum Algorithms, Quantum Applications, Quantum Physics, Optics, Photonics, Artificial Intelligence, Machine Learning, Software, Hardware, Systems Engineering
🛍️ IonQ Product and Pricing News →
👔 IonQ CEO, Management and Leadership Team →
⚔️ IonQ Alternatives and Competitors →
💼 IonQ Hiring and Layoffs →
🤖 IonQ Developer, Integration and Automation News →
📈 IonQ Financials, Fundraising and Valuation News →
🛍️ IonQ Product and Pricing News
- IonQ has launched an online store where customers can purchase branded merchandise like the IonQ Long Sleeve Tee.
- IonQ has introduced a new Extreme High Vacuum (XHV) technology that enables room-temperature quantum operations, reducing energy costs and improving efficiency for data centers.
- IonQ is advancing its quantum computing capabilities with a Reconfigurable Multicore Quantum Architecture (RMQA) that uses trapped atomic ions as qubits to exponentially increase computational power.
- In August, IonQ delivered its first overseas ion trap to QuantumBasel in Switzerland, marking a significant step in the global commercialization of quantum computers.
- IonQ will showcase its integration of classical and quantum computing at booth #4440 during #SC24 next week.
- IonQ is showcasing its new Hybrid Services suite for quantum-classical computing at SuperCompute 24, partnering with AWS, NVIDIA, Google, and Dell.
- IonQ published a paper on November 7, 2024, demonstrating and benchmarking their 30-qubit trapped-ion quantum computer, the IonQ Forte, with all-to-all operations.
- Researchers demonstrated noise reshaping on IonQ Aria-1 quantum hardware using quantum error correction codes.
👔 IonQ CEO, Management and Leadership Team
-
Sr. Director
[email protected] -
Director, Partnership Strategy and Business Development[email protected]
-
Managing Director, IonQ GmbH[email protected]
-
Senior Director of Quantum Solutions[email protected]
-
Director of Integrated Devices[email protected]
-
Senior Director, System Architecture and Performance[email protected]
-
Director of Government Programs
-
Chief Marketing Officer[email protected]
-
Chief Revenue Officer[email protected]
-
Chief Engineer[email protected]
-
Chief People Officer[email protected]
-
President/CEO[email protected]
-
Senior Vice President of Engineering & Technology[email protected]
-
Vice President, Product Engineering[email protected]
⚔️ IonQ Alternatives and Competitors
- Jack Henry & Associates |
- Aurora Innovation |
- Open Text |
- Light & Wonder |
- Science Applications International |
- Kyndryl |
- Waystar |
- Agilysys |
- NetScout Systems |
- Verint Systems |
- Infleqtion |
- Atom Computing |
- Aegiq |
- planqc |
- Universal Quantum |
- Huayi Boao |
- eleQtron |
- Alpine Quantum Technologies |
- IBM |
- Amazon |
- Microsoft |
- Honeywell |
- SeeQC |
- PsiQuantum |
- DWave |
- Cold Quantum |
- Rigetti |
- Xanadu |
- Quantinuum |
- D-Wave |
- QC Ware |
- 1QBit |
- CQC |
- Q-CTRL |
- QxBranch
💼 IonQ Hiring and Layoffs
- Bill Scannell, Dell's President of Global Sales and Customer Operations, has joined IonQ's Board of Directors.
- IonQ's stock, currently trading at about $17, faces skepticism over its miniaturization claims and the recent departure of chief scientist Chris Monroe, raising concerns about its future market valuation.
- Erica Stump has joined IonQ as a Sales Director.
- IonQ is currently seeking a Lead Ion Trap Design Engineer in the United States.
🤖 IonQ Developer, Integration and Automation News
- Dell Technologies has partnered with IonQ after extensive research into quantum since 2016, according to Ken Durazzo.
- IonQ and Ansys are collaborating to improve engineering simulation using advanced quantum computing.
- IonQ announced a partnership with AstraZeneca to develop quantum applications for a production use case, marking a significant step in their quantum chemistry research.
📈 IonQ Financials, Fundraising and Valuation News
- IonQ reported $12.4 million in revenues for the third quarter of 2024.
- IonQ acquired Quibitekk for $22 million to enhance its quantum networking capabilities and reported a 102% increase in third-quarter revenue to $12.4 million.
- Benchmark Co. analyst David Williams reiterated a Buy rating on IonQ, setting a price target of $22.00, due to their strategic acquisition of Quibitekk, a $54.5 million award from the Air Force Research Laboratory, and strong financial performance with $63.5 million in bookings and $12.4 million in revenue.
- IonQ has exceeded Wall Street's earnings expectations for two consecutive quarters and achieved 99.9% accuracy in a two-qubit system, aiming for 99.999% by the end of 2025.
- IonQ's cash reserves are shrinking rapidly, with the company spending significantly more than its revenue, which may require raising additional capital within two years.
- IonQ experienced high participation in their Q3 2024 Earnings Call, temporarily reaching maximum platform capacity.
People also viewed
- Alice & Bob |
- Oxford Quantum Circuits |
- D-Wave |
- FloQast |
- Ledge |
- Aurum Solutions |
- AccountIQ |
- Kronospan
