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
ποΈ IonQ Product and Pricing News β
π IonQ CEO, Management and Leadership Team β
βοΈ IonQ Alternatives and Competitors β
πΌ IonQ Hiring and Layoffs β
π€ IonQ Developer, Integration and Automation News β
π IonQ Financials, Fundraising and Valuation News β
ποΈ IonQ Product and Pricing News
- 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 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.
- Jonathan Maenche, Ashton McEntarffer, and Julien Caillaud won IonQ's quantum machine learning challenge at the University of South Carolina's Quantathon.
- IonQ's John K. Gamble and Nic Delfosse presented at the MicroArch Conference, discussing how emerging quantum systems enhance computer systems research.
- Nicolas Delfosse, Principal Researcher at IonQ, will speak at the quantum OS workshop in Austin on November 3.
π IonQ CEO, Management and Leadership Team
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Sr. Director[email protected]
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Director, Partnership Strategy and Business Development[email protected]
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Managing Director, IonQ GmbH[email protected]
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Senior Director of Quantum Solutions[email protected]
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Director of Integrated Devices[email protected]
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Senior Director, System Architecture and Performance[email protected]
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Director of Government Programs
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Chief Marketing Officer[email protected]
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Chief Revenue Officer[email protected]
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Chief Engineer[email protected]
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Chief People Officer[email protected]
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President/CEO[email protected]
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Senior Vice President of Engineering & Technology[email protected]
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Vice President, Product Engineering[email protected]
βοΈ 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
πΌ 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.
- IonQ is currently seeking a Lead Ion Trap Design Engineer in the United States.
π€ 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.
π 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 experienced high participation in their Q3 2024 Earnings Call, temporarily reaching maximum platform capacity.