Full-Time
Trapped-ion quantum computing hardware and services
No salary listed
Oxford, UK
Hybrid
Flexible hybrid working is offered.
Bachelor's
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IonQ sells quantum computing through cloud access and on-site systems that use trapped-ion qubits. Its processors, such as Forte and Tempo, are accessed by customers via cloud platforms or deployed on customer sites, and the company is expanding into quantum networking, quantum key distribution, and sensing through acquisitions and a SkyWater Technology deal. It differentiates itself with trapped-ion technology and by building a broader quantum ecosystem through strategic acquisitions and partnerships to connect devices and services beyond hardware alone. Its goal is to scale commercial quantum computing, grow revenue, and strengthen its cash position to support ongoing expansion and ecosystem development.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
College Park, Maryland
Founded
2015
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Biweekly catered lunches
Parental leave
Health, vision, & dental insurance
Flexible time off
401(k) with 5% match
University facilities
Commuter benefits
IonQ CEO Niccolo de Masi said a 2,000-qubit quantum computer could break Bitcoin's elliptic-curve encryption in under 26 days. Speaking on CNBC, he reiterated 2028 as his expectation for "Q-Day", when quantum machines will threaten current public-key standards. De Masi noted the timeline has compressed significantly. A year ago, experts thought Q-Day would occur in the 2030s, but now understand it will happen in the 2020s. IonQ's CFO warned that financial services is waking up to the reality that encryption protocols securing Bitcoin wallets may be broken. De Masi acknowledged IonQ sells quantum security solutions whilst raising the alarm. The company just launched a quantum key distribution product aimed at protecting fibre networks. IonQ reported second-quarter revenue of $80.1 million, up 287% year over year.
IonQ and Congruity360 have announced an $8.18 million agreement to enhance quantum-safe data protection, marking one of the largest commercial quantum security deals in the United States. Under the partnership, Congruity360 will integrate IonQ's quantum key distribution and post-quantum cryptography appliances into its enterprise data management platform. The collaboration responds to a June 2026 White House executive order that moved federal post-quantum security deadlines forward to 2030 and extended requirements to contractors. IonQ will provide its Clavis QKD pairs and Solteris Network Appliances to protect sensitive data for Congruity360's clients across finance, healthcare, insurance, legal services, manufacturing, defence, and higher education sectors. The deal extends IonQ's quantum-safe network deployments, following earlier initiatives including a statewide network with Florida LambdaRail and upgrades in Switzerland with Cisco.
IonQ has launched its sixth-generation quantum computing platform, Superion 256, marking a shift toward scalable, manufacturable quantum systems. The 256-qubit system is the first in IonQ's Superion product line, built on semiconductor manufacturing processes rather than traditional one-off laboratory approaches. The platform uses IonQ's Electronic Qubit Control technology, which controls trapped-ion qubits with integrated electronics instead of laser systems. IonQ fabricated the chips at its subsidiary SkyWater, compressing design cycles from nine months to two. Superion 256 fits standard data center racks and draws less power than GPU racks. The platform is designed to scale from 256 qubits to millions, with IonQ already developing a 10,000-qubit version concurrently. The system is available for order now, with customer deliveries expected in 2027. IonQ pre-sold its first Superion 256 system in early 2026.
IonQ shares are trading near $39, valuing the quantum computing company at roughly $15 billion. The stock has traded as high as $84 over the past 12 months. The company reported $80.1 million in revenue in the second quarter of 2026, up 287% year-over-year. IonQ recently acquired chip foundry SkyWater for $1.8 billion in cash and stock. SkyWater generated $317.1 million in revenue through the first half of 2026. Management is guiding for full-year revenue of $280 million to $290 million. Combined with SkyWater's projected $600 million, IonQ could reach approximately $900 million in total revenue this year. However, IonQ reported a $254.7 million operating loss through six months of 2026. The company's share count is increasing significantly, with approximately 24 million new shares added from the SkyWater acquisition and $450 million in stock-based compensation over the past year.
IonQ reported second-quarter revenue of $80.1 million, up 287% year-over-year, and raised its full-year guidance to $280 million-$290 million from $260 million-$270 million. The company's remaining performance obligations grew 297% to $485 million. Quantum computing stocks have declined more sharply than the broader tech sector during sell-offs in 2025, falling harder than the Nasdaq-100 on 17 of 23 trading days when tech dropped at least 1.5%. The sector faces valuation concerns, with IonQ trading at significantly higher multiples than comparable unprofitable software companies like C3.ai and BigBear.ai, which trade at 6.9 times and 10.1 times forward sales respectively. September historically sees average market declines of 1.16%, though upcoming events including the jobs report and Federal Reserve meeting could increase volatility.