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

AI & Machine Learning

Company Size

201-500

Company Stage

IPO

Total Funding

$444.5M

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.

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Funded Recently
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Simplify's Take

What believers are saying

  • IonQ's $500M equity offering aims to scale quantum computing operations.
  • IonQ's acquisition of Qubitekk enhances its position in quantum networking.
  • Partnership with University of Maryland boosts IonQ's growth in quantum computing.

What critics are saying

  • Increased competition from Rigetti Computing and D-Wave Systems.
  • Potential delays in Qubitekk acquisition due to regulatory approvals.
  • Economic uncertainties could impact IonQ's $500M equity offering.

What makes IonQ unique

  • IonQ uses a unique trapped ion approach for quantum computing.
  • IonQ's technology supports a broad array of applications across various industries.
  • IonQ's quantum computers are scalable and powerful, with unmatched physical performance.

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Funding

Total Funding

$444.5M

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%
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.

HR Tech Wire
Feb 27th, 2025
IonQ Appoints Accomplished Technology Leader Gabrielle Toledano to Board of Directors

IonQ, Inc. (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced the appointment of Gabrielle Toledano to its Board of Directors.

Financial Post
Feb 26th, 2025
Partners Value Split Corp. Increases Size of Public Offering of Class AA Preferred Shares, Series 15 to $200 Million

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