Oxford Ionics

Oxford Ionics

Develops quantum computers with trapped ions

Overview

Oxford Ionics makes quantum computers using trapped ion qubits and a special noiseless electronic control system. Their products are quantum computing systems designed for very hard problems, sold to clients in pharma, finance, and materials research. How it works: trapped ion qubits store quantum information in ions held by electric fields; control electronics perform precise operations without adding much noise, enabling more reliable computations. The company differentiates itself from competitors by combining trapped ion qubits with their noiseless control technology to improve accuracy and performance. They also offer consulting to help clients adopt quantum solutions. The goal is to provide powerful, accurate quantum machines that unlock problems beyond the reach of ordinary supercomputers while attracting customers and talent to advance quantum computing.

About Oxford Ionics

Simplify's Rating
Why Oxford Ionics is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Hardware

Company Size

51-200

Company Stage

Acquired

Total Funding

$56.4M

Headquarters

Kidlington, United Kingdom

Founded

2019

Get referred to Oxford Ionics

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • IonQ plans 256 physical qubits at 99.99% accuracy by 2026 using Oxford Ionics technology.
  • Oxford Ionics keeps UK operations, attracting government-backed collaboration and national-security-funded programs.
  • Airbus, Quanscient, and NQCC partnerships validate aerospace and simulation demand for the platform.

What critics are saying

  • Oxford Ionics lost independence after IonQ closed the $1.075 billion acquisition in September 2025.
  • Integration with IonQ's roadmap can displace Oxford scientists if milestones slip beyond 2026.
  • Quantinuum and other trapped-ion rivals keep squeezing EQC differentiation before 2027 commercial scaling.

What makes Oxford Ionics unique

  • Microwave-controlled trapped-ion qubits cut laser complexity and semiconductor fab dependence.
  • Oxford Ionics sold 99.99% fidelity 256-qubit systems before IonQ's September 2025 acquisition.
  • UK government final order preserved Oxford Ionics' trapped-ion manufacturing and science base in Britain.

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

Funding

Total Funding

$56.4M

Above

Industry Average

Funded Over

8 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Stock Options

Performance Bonus

Paid Vacation

Hybrid Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

-3%

2 year growth

0%
Business Wire
Jun 10th, 2025
IonQ Announces Agreement to Acquire Oxford Ionics, Accelerating Path to Pioneering Breakthroughs in Quantum Computing

IonQ (NYSE: IONQ) and Oxford Ionics today announced they have entered into a definitive agreement for IonQ to acquire Oxford Ionics in a transaction valued a...

Crunchbase
Jun 9th, 2025
IonQ Acquires Oxford Ionics For $1.07B As Quantum Space Continues To Sizzle

Oxford Ionics has also been a favorite among startup investors, previously raising $53 million in known venture and grant funding.

NextBigFuture
Jun 9th, 2025
IONQ Acquires Oxford Ionic for $1B

IONQ plans to develop a fault-tolerant quantum computer by 2029, targeting 2 million qubits by 2030 and 80,000 error-corrected logical qubits. They are acquiring Oxford Ionics for approximately $1 billion. They have achieved 99.99% physical fidelity as of today.

FinSMEs
Jun 9th, 2025
IonQ to Acquire Oxford Ionics

IonQ to acquire Oxford Ionics.

StockTitan
Jun 9th, 2025
IonQ Acquires Oxford Ionics for Quantum Leap

IonQ has announced an agreement to acquire Oxford Ionics, aiming to accelerate advancements in quantum computing. This deal strengthens US-UK cooperation in next-gen technologies and positions Oxford Ionics as a global quantum computing hub. The merger will combine complementary technologies to develop the world's most powerful quantum computers, enhancing innovation in fields like drug discovery, materials science, financial modeling, logistics, chemistry, aerospace, cybersecurity, and defense.

Recently Posted Jobs

Sign up to get curated job recommendations

Oxford Ionics is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →