IonQ, Inc.

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IonQ, Inc. - overview

Established

2015

Location

College Park, MD, US

Primary Industry

Hardware

About

IonQ, Inc. is a US-based developer of advanced quantum computing systems, focusing on trapped ion technology to drive high-performance computing solutions for businesses and research institutions. IonQ, Inc. , founded in 2015 in College Park, US, specializes in quantum computing systems.


The company was formed through the collaboration of founders Christopher Monroe and Jungsang Kim. In May 2026, IonQ, Inc. received USD 500,000 in grant funding from Business Oregon. IonQ specializes in trapped ion quantum computing systems, offering products such as the IonQ Aria and IonQ Forte.


The Aria system features 25 fully connected algorithmic qubits, while the Forte system is designed for larger problems with 36 qubits. These systems cater to high-impact applications in areas like carbon sequestration, drug discovery, and battery material enhancement. Their revenue model primarily revolves around B2B engagements, where clients access quantum systems through subscription agreements or pay-as-you-go models. IonQ, Inc.


aims to leverage the USD 500,000 received in the May 2026 funding round to upgrade facilities, develop its workforce, and expand manufacturing and production capacity for quantum computing. The company is focused on enhancing its research and development for the next three generations of quantum computing systems. Additionally, plans are underway to explore new geographic markets, specifically targeting expansion into Europe and Asia by 2023.


Current Investors

New Enterprise Associates, GV, OUP (Osage University Partners)

Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals

Website

www.ionq.com

Verticals

Cloud Computing, Manufacturing

Total Amount Raised

Subscriber access only

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