IONQ Inc. is a U.S.-based technology company specializing in quantum computing. Headquartered in College Park, Maryland, the company is a pioneer in the development of trapped-ion quantum computers, offering high-performance solutions for complex computational problems across various industries.
Founded in 2015 by Christopher Monroe and Jungsang Kim, IONQ originated from cutting-edge academic research at the University of Maryland and Duke University. Its unique approach, based on trapped-ion technology, provides superior stability, fidelity, and scalability compared to other quantum architectures.
IONQ operates globally, collaborating with academic institutions, research centers, and industry leaders in sectors such as finance, healthcare, logistics, and defense.
Its quantum computing systems are also accessible via the cloud on platforms like Amazon Braket, Microsoft Azure, and Google Cloud, enabling developers and enterprises to experiment with and deploy quantum solutions.
The company is positioned at the forefront of a rapidly evolving industry, driven by advances in quantum hardware, software, and algorithm design. Key market drivers include the adoption of quantum solutions by traditional industries, increasing public and private funding for R&D, and competition among emerging quantum computing firms.
IONQ's operations include in-house research labs, hardware manufacturing facilities, and strategic partnerships with leading tech firms and academic institutions. The company continues to invest in expanding its infrastructure and pushing the boundaries of quantum performance.
IONQ Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol IONQ.
History and Founding of IONQ Inc.
IONQ was founded in 2015 by physicists Christopher Monroe and Jungsang Kim, two leading experts in quantum information science.
The company was established to commercialize trapped-ion quantum computing technology, which offers high precision and scalability—characteristics essential for solving problems that are intractable for classical computers.
In its early years, IONQ focused on refining its trapped-ion architecture and building its first quantum hardware systems. The company secured funding from top-tier venture capital firms and formed strategic alliances with major cloud providers and research organizations.
A major milestone came in 2021, when IONQ became a publicly traded company through a SPAC merger, increasing access to capital and accelerating development efforts.
IONQ made history as one of the first companies to offer quantum computing as a cloud-based service and has been a key contributor to the commercialization of the quantum computing industry.
Its systems are now used for research and experimentation in artificial intelligence, logistics optimization, cryptography, and drug discovery, among other fields.
From 2020 to 2024, IONQ scaled its hardware capabilities, enhanced quantum volume and fidelity, and expanded its ecosystem of partners and customers. With the growing demand for practical quantum applications, IONQ continues to position itself as a leader in the emerging quantum economy.
Additional Information
The Company IONQ Inc (United States), is listed on Nasdaq with a market cap of $ 12.30 Billions, having an equity of $ 2.29 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 79.84 Millions, which generated a loss in the amount of $ -1.47 Billion.
As for its main indicators, the Company has a P/E ratio of -8.39, a P/BV ratio of 5.38 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker IONQ.