IonQ

IonQ

Develops scalable trapped-ion quantum computers

About IonQ

Simplify's Rating
Why IonQ is rated
A
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Energy

AI & Machine Learning

Company Size

201-500

Company Stage

IPO

Headquarters

College Park, Maryland

Founded

2015

Overview

IonQ is developing quantum computers using a trapped-ion approach, focusing on leveraging unmatched physical performance, perfect qubit replication, optical networkability, and highly-optimized algorithms to create scalable and powerful quantum computing technology. This technology has the potential to support applications such as direct carbon sequestration, better battery materials, improved drug discovery, and quantum machine learning.

💵
Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • IonQ raised $360 million, boosting its cash reserves to over $700 million.
  • IonQ is acquiring Qubitekk to enhance its quantum networking capabilities.
  • IonQ's partnership with Maryland aims to establish a quantum computing hub.

What critics are saying

  • Increased competition from tech giants like Google and IBM.
  • Potential delays in Qubitekk acquisition could impact strategic expansion.
  • Market volatility could affect IonQ's stock performance and capital raising.

What makes IonQ unique

  • IonQ uses a unique trapped ion approach for quantum computing.
  • IonQ's technology supports a broad array of industry applications.
  • IonQ's quantum processors offer unmatched physical performance and scalability.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$1129.6M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Biweekly catered lunches

Parental leave

Health, vision, & dental insurance

Flexible time off

401(k) with 5% match

University facilities

Commuter benefits

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
The Quantum Insider
Mar 11th, 2025
IonQ Raises $360M, Ends ATM Program

IonQ raised $360 million through its at-the-market equity offering, selling over 16 million shares. With over $700 million in cash on a pro-forma basis, IonQ has terminated the ATM Program, citing sufficient capital for its quantum divisions. Executives won't sell shares during the current trading window, except Executive Chair Peter Chapman, who may sell up to 2 million shares for taxes and a real estate purchase. A prospectus supplement will be filed to reflect the program's termination.

Stock Titan
Mar 11th, 2025
IonQ Raises $372M, Ends ATM Program

IonQ raised $373 million through its ATM equity offering, netting $360 million, and boosting its pro-forma cash balance to over $700 million as of December 31, 2024. The ATM program was terminated after securing sufficient capital, citing market disruptions and trading price concerns. Executives won't sell shares during the current trading window, except Executive Chair Peter Chapman, who may sell up to 2 million shares for personal obligations, representing less than 23% of his vested equity.

Optics.org
Feb 27th, 2025
IonQ set to acquire ID Quantique

Quantum computing firm signs deal to gain controlling stake in the Swiss quantum networking pioneer.

Stock Titan
Feb 27th, 2025
How Will IonQ's $500M Equity Offering Transform Its Quantum Computing Ambitions?

IonQ sets up flexible $500M fundraising program to scale quantum computing operations. Proceeds target expansion of core business and quantum networking initiatives.

HR Tech Wire
Feb 27th, 2025
IonQ Names Niccolo de Masi as President & Chief Executive Officer

IonQ, Inc. (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced that the company's Board of Directors has appointed Niccolo de Masi as President and Chief Executive Officer.

Recently Posted Jobs

Sign up to get curated job recommendations

IonQ is Hiring for 29 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update IonQ's jobs every few hours, so check again soon! Browse all jobs →