No other university in the United States is able to provide students and researchers this level of hands-on contact with commercial-grade quantum computing technology and insights from experts working in this emerging field, said University of Maryland President Darryll J. Pines. We could not be more
proud of IonQs success and we are excited to establish this strategic partnership, further solidifying UMD and the surrounding region as the Quantum Capital of the world.
UMD has long been a global center of excellence in quantum computing and housed one of the laboratories out of which IonQ emerged. This first-of-its-kind Q-Lab builds upon the universitys $300 million investment in
quantum science and more than 30-year track record of driving advances in quantum physics and technology. The university is home to more than 200 quantum-focused researchers and seven centers, including the
newly announced Quantum Leap Challenge Institute for Robust Quantum Simulation, a multi-institutional effort supported by a $25 million award from the National Science Foundation.
We are very proud that the nations leading center of academic excellence in quantum research chose IonQs hardware for this trailblazing
partnership, said Peter Chapman, president and CEO of IonQ. UMD has been at the vanguard of this field since quantum computing was in its infancy, and has been a true partner to IonQ as we step out of the lab and into commerce, industry,
and the public markets.
The news continues a year of considerable momentum for IonQ. Its trapped-ion
quantum computers were recently added to Google Cloud Marketplace, making IonQ the only supplier whose quantum computers are available via all major cloud providers (Google Cloud, Microsoft Azure, and Amazon Web Services). In addition, IonQs co-founders joined the White Houses National Quantum Initiative Advisory Committee to accelerate the development of the national strategic technological imperative. Later this month, following a stockholder
vote, IonQ also anticipates becoming the first publicly-traded, pure-play quantum computing company via a merger with dMY Technology Group, Inc. III (NYSE: DMYI) (dMY III).
About the University of Maryland
The University of
Maryland, College Park is the states flagship university and one of the nations preeminent public research universities. A global leader in research, entrepreneurship and innovation, the university is home to more than 40,000 students,
10,000 faculty and staff, and 300 academic programs. As one of the nations top producers of Fulbright scholars, its faculty includes two Nobel laureates, four Pulitzer Prize winners and 59 members of the national academies. The institution has
a $2.2 billion operating budget and secures more than $1 billion annually in research funding together with the University of Maryland, Baltimore. For more information about the University of Maryland, College Park,
visit www.umd.edu.
About IonQ
IonQ,
Inc. is the leader in quantum computing, with a proven track record of innovation and deployment. IonQs 32-qubit quantum computer is the worlds most powerful
trapped-ion quantum computer, and IonQ has defined what it believes is the best path forward to scale. IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft
Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit http://www.IonQ.com.
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