IonQ

IonQ

Develops scalable trapped-ion quantum computers

About

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.

Company Stage

IPO

Employees

201-500

Industries

Enterprise Software, AI & Machine Learning, Biotechnology

Total Funding

$444.5M

Headquarters

College Park, Maryland

Founded

2015


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Simplify's Take

What believers are saying

  • IonQ's acquisition of Qubitekk strengthens its position in quantum networking.
  • Partnership with University of Maryland boosts IonQ's R&D capabilities.
  • IonQ's collaboration with Oak Ridge National Laboratory enhances its influence in national projects.

What critics are saying

  • Competition from tech giants like Google and IBM may overshadow IonQ's advancements.
  • Rapid technological advancements could render IonQ's current technology obsolete.
  • Integration challenges from acquisitions may disrupt operations and delay product development.

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 optical networkability enhances scalability and performance of quantum processors.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%

Benefits

Biweekly catered lunches

Parental leave

Health, vision, & dental insurance

Flexible time off

401(k) with 5% match

University facilities

Commuter benefits

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