About IonQ
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.
College Park, MarylandHeadquarters
2015Year Founded
$444.5MTotal Funding
IPOCompany Stage
Data & Analytics, Consulting, AI & Machine LearningIndustries
201-500Employees
Benefits
Biweekly catered lunches
Parental leave
Health, vision, & dental insurance
Flexible time off
401(k) with 5% match
University facilities
Commuter benefits
Risks
Increased competition from tech giants like Amazon could challenge IonQ's market position.
Integration challenges may arise from the acquisition of Entangled Networks.
Rapid technological advancements could render IonQ's current technology obsolete.
Differentiation
IonQ's trapped ion approach offers unmatched physical performance and scalability.
The acquisition of Qubitekk enhances IonQ's leadership in quantum networking.
IonQ's collaboration with Oak Ridge National Laboratory boosts its infrastructure applications.
Upsides
IonQ's recognition in the Deloitte Technology Fast 500™ highlights its rapid growth.
Partnership with Hyundai could lead to breakthroughs in electric vehicle technology.
Strategic agreement with South Carolina Quantum fosters a quantum ecosystem for industry adoption.
Funding
Total raised$444.54 M
Latest valuation$2.00 B
StageIPO
SPAC PRIVATE PLACEMENT
4/30/2021$375
$2.00 BSPAC IPO
4/30/2021$300
$2.00 BSERIES B
5/31/2020$7
$35.00 MSERIES A
6/30/2017$20
$100.00 M