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IonQ Inc

IonQ Inc (IONQ)

43.57
-0.85
( -1.91% )
Updated: 09:56:29

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
43.57
Bid
-
Ask
-
Volume
7,007,048
42.23 Day's Range 45.44
6.22 52 Week Range 47.41
Market Cap
Previous Close
44.42
Open
45.44
Last Trade
1
@
43.62
Last Trade Time
09:56:29
Financial Volume
$ 303,538,445
VWAP
43.319
Average Volume (3m)
25,625,590
Shares Outstanding
216,392,242
Dividend Yield
-
PE Ratio
-60.92
Earnings Per Share (EPS)
-0.73
Revenue
22.04M
Net Profit
-157.77M

About IonQ Inc

IonQ Inc is a leader in quantum computing, with a track record of innovation and deployment. IonQ's next-generation quantum computer is the most powerful trapped-ion quantum computer. It is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and G... IonQ Inc is a leader in quantum computing, with a track record of innovation and deployment. IonQ's next-generation quantum computer is the most powerful trapped-ion quantum computer. It 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. Show more

Sector
Cmp Integrated Sys Design
Industry
Cmp Integrated Sys Design
Website
Headquarters
Wilmington, Delaware, USA
Founded
-
IonQ Inc is listed in the Cmp Integrated Sys Design sector of the New York Stock Exchange with ticker IONQ. The last closing price for IonQ was $44.42. Over the last year, IonQ shares have traded in a share price range of $ 6.225 to $ 47.41.

IonQ currently has 216,392,242 shares outstanding. The market capitalization of IonQ is $9.61 billion. IonQ has a price to earnings ratio (PE ratio) of -60.92.

IonQ (IONQ) Options Flow Summary

Overall Flow

Bullish

Net Premium

18M

Calls / Puts

345.21%

Buys / Sells

144.26%

OTM / ITM

47.73%

Sweeps Ratio

2.46%

IONQ Latest News

IonQ Recognized in Newsweekā€™s ā€œExcellence 1000 Indexā€ as a Champion of Business Excellence

IonQ earns a spot in the prestigious list of 1,000 global companies who showcase financial success, growth, and innovation. The company joins fellow honorees NVIDIA, Cisco, VMWare, Adobe and...

Defiance Quantum Computing ETF (QTUM) Surpasses $400 Million. $QTUM YTD Performance 40%+

MIAMI, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs is thrilled to announce that QTUM - Defiance Quantum Computing ETF has reached a major milestone, surpassing $400 million in assets under...

New York Stock Exchange Showcases IonQ Technology in First Ever Recognition of a Quantum Company

IonQā€™s foundational ion trap chip is displayed at NYSE alongside other revolutionary technologies With this recognition from NYSE, IonQ follows in the footsteps of other groundbreaking companies...

IonQ Highlights Continued Quantum Momentum at Q2B24 Silicon Valley

IonQ to host a fireside chat with General Dynamics Information Technology on forming quantum go-to-market partnerships and commercial momentum in the quantum space Today, IonQ (NYSE: IONQ), a...

IonQ prƩsente son premier ordinateur quantique en Europe, en ligne avec un niveau record de #AQ36

L'ordinateur quantique Forte Enterprise de IonQ a franchi le cap record de #AQ36 En partenariat avec QuantumBasel, IonQ Forte Enterprise fournira aux clients professionnels, industries, entitƩs...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
111.134.185401909532.4747.4132.393734063541.35561488CS
49.6228.335787923433.9547.4128.042798738835.8809663CS
1233.81346.4139344269.7647.417.992562559025.71286434CS
2636.74537.9209370426.8347.416.221470770622.42342861CS
5229.9218.72713972213.6747.416.221040086818.85033882CS
15626.72158.57566765616.8547.413.04757641914.47000885CS
26032.97311.03773584910.647.413.04753297414.76933879CS

IONQ - Frequently Asked Questions (FAQ)

What is the current IonQ share price?
The current share price of IonQ is $ 43.57
How many IonQ shares are in issue?
IonQ has 216,392,242 shares in issue
What is the market cap of IonQ?
The market capitalisation of IonQ is USD 9.61B
What is the 1 year trading range for IonQ share price?
IonQ has traded in the range of $ 6.22 to $ 47.41 during the past year
What is the PE ratio of IonQ?
The price to earnings ratio of IonQ is -60.92
What is the cash to sales ratio of IonQ?
The cash to sales ratio of IonQ is 435.92
What is the reporting currency for IonQ?
IonQ reports financial results in USD
What is the latest annual turnover for IonQ?
The latest annual turnover of IonQ is USD 22.04M
What is the latest annual profit for IonQ?
The latest annual profit of IonQ is USD -157.77M
What is the registered address of IonQ?
The registered address for IonQ is 1209 ORANGE STREET, WILMINGTON, DELAWARE, 19801
What is the IonQ website address?
The website address for IonQ is www.ionq.com
Which industry sector does IonQ operate in?
IonQ operates in the CMP INTEGRATED SYS DESIGN sector

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IONQ Discussion

View Posts
doc2016 doc2016 17 minutes ago
it's likely part of the api's users need to employ to obtain their desired servers/services which are mostly virtual in nature. the new server/client paradigm where the server client roles could be reversed? or the opposite?

self service /users' choice might improved the user eXperience?
šŸ‘ļø0
doc2016 doc2016 24 minutes ago
is mapping a function of encoding in a devices electromagnetic field system?




It's not quite accurate to say that mapping is a function of encoding in a device's electromagnetic field system. While they are related, it's more nuanced than that. Let's break down the concepts:

Mapping: In the context of quantum computing and data processing, mapping usually refers to the assignment of logical qubits (the abstract qubits in an algorithm) to physical qubits (the actual physical components of the quantum computer). This is important because the connectivity and performance of physical qubits can vary, and efficient mapping optimizes algorithm execution. Ā 

Encoding: Encoding is the process of representing information, whether classical or quantum, in a format suitable for a specific system. In quantum computing, this often involves translating classical data into quantum states or representing quantum information in a way that's robust against noise. Ā 

Electromagnetic Field System: This refers to the environment created by electromagnetic fields within a quantum computing device. These fields are crucial for controlling and manipulating qubits. Examples include superconducting transmon qubits controlled by microwave pulses or trapped ions manipulated with lasers. Ā 

Relationship and Nuances:

Indirect Relationship: Mapping and encoding are indirectly related through the electromagnetic field system. The way qubits are encoded and manipulated by the electromagnetic fields influences the constraints and possibilities for mapping.

Example: If certain physical qubits have limited connectivity due to the electromagnetic field configuration, mapping needs to consider these limitations to ensure efficient execution of the algorithm. Ā 
Encoding Influences Mapping: The choice of encoding can affect the mapping strategy. Different encodings might require different qubit interactions, impacting how logical qubits are assigned to physical qubits.

Mapping Not Solely Determined by Encoding: Mapping is also influenced by other factors, such as qubit coherence times, error rates, and the specific requirements of the quantum algorithm.

In Summary:

While mapping and encoding are related, mapping is not simply a function of encoding in an electromagnetic field system. Encoding is one of the factors that influence mapping decisions, but it's not the sole determinant. The overall architecture and characteristics of the quantum computing device, along with the specific algorithm, play a significant role in determining the optimal mapping strategy.


Sources and related content
šŸ‘ļø0
Mr. Hathaway Mr. Hathaway 53 minutes ago
NO EXOTIC COOLING NEEDS ALONG WITH THEIR RECONFIGURABLE MULTI-CORE QUANTUM ARCHITECTURE THAT CAN EFFICIENTLY BE MANUFACTURE AT SCALE AND AQ64 IN PLACE IS IONQ. I believe in near future we witness some level of distress/panic with IONQ competitors who try to keep up. Like you said Jack, IONQ is shaking hands and making deals rt underneath our noses with lg companies adapting to IONQ formula. Q4 earnings should be delightful. I'm super grateful to have found this board.
👍️ 1 💯 1
Konaploinks Konaploinks 1 hour ago
45.90. R t q 😎💰🤙
46.05 9:02 rtq
👍️ 1
Konaploinks Konaploinks 11 hours ago
Jack. I agree whole heartedly. And a few of the fence straddling little liars on here make me sick. They always interject these bogus articles written by pure hacks who honestly should be behind bars for trying to manipulate the market. The investing public needs unbiased reporting that reveals all the facts. All these other charlatans will soon go down in flames under a ton of debt and nothing to bring to the table to get them profitable. Just a lot of pipe dreams that never materialize. Ionq is the real deal. Ask the U S Air Force why they chose IonQ over all others . Including Msft. Google IBM etc Everyone keep your eye on IonQ
👍️ 6
Jack Torrance Jack Torrance 11 hours ago
Yep. We have a 3-4 year cash runway with no debt, and already about $100M a year in revenue and rising rapidly, and a clear path to profitability, with contracts and collaborations with government entities and major corporations and universities. But somehow that all makes IonQ risky and worse than the other quantum companies that are still struggling with their designs, have debt, have had to resort to offerings and dilution to raise cash, and several are embroiled in pretty damning controversies. When I see articles like this from these pissant authors and media outlets, it's pretty clear they are invested elsewhere and are just low-key bashturds.
👍️ 3
Konaploinks Konaploinks 12 hours ago
Funny how they never mentioned the 54.5 million $ Air Force AFRL contract or the Navyā€™s 9 million $ contract or all the rev we have from 3 data centers in Maryland , Seattle and Switzerland. Never mind Michael Dell , Marc Benioff , Bill Gates and AWS were all early investors. They also never mentioned we are the only co on all 3 clouds. AWS Google and MSFT AZURE. Also no mention we are the patent leader by far of these 3 companies with over 609 patents applied for or granted worldwide. A partnership with Astra Zeneca , Ansys. and Imec. along with purchasing Qubitekk for 22 million and their 118,quantum networking patents. And never mind we are the only one with an over 100,000,sq ft factory in Bothell Wa. lol. I guess he just forgets a lot . He also never mentions that both of the other companies received delisting letters , have a ton of debt and their revs are from grants ? Lol. Either this writer needs to do his homework or heā€™s a ( fill in the blank )
👍️ 2
PonderosaPack PonderosaPack 16 hours ago
We're Interested To See How IonQ (NYSE:IONQ) Uses Its Cash Hoard To Grow
editorial-team@simplywallst.com (Simply Wall St)
Sun, December 22, 2024 at 9:01 AM EST 4 min read


In This Article:
IONQ
+17.64%
IONQ-WS
We can readily understand why investors are attracted to unprofitable companies. By way of example, IonQ (NYSE:IONQ) has seen its share price rise 226% over the last year, delighting many shareholders. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.


Given its strong share price performance, we think it's worthwhile for IonQ shareholders to consider whether its cash burn is concerning. In this article, we define cash burn as its annual (negative) free cash flow, which is the amount of money a company spends each year to fund its growth. Let's start with an examination of the business' cash, relative to its cash burn.

View our latest analysis for IonQ

When Might IonQ Run Out Of Money?

A company's cash runway is the amount of time it would take to burn through its cash reserves at its current cash burn rate. As at September 2024, IonQ had cash of US$366m and no debt. Importantly, its cash burn was US$120m over the trailing twelve months. So it had a cash runway of about 3.0 years from September 2024. There's no doubt that this is a reassuringly long runway. We should note, however, that if we extrapolate recent trends in its cash burn, then its cash runway would get a lot longer. You can see how its cash balance has changed over time in the image below.

debt-equity-history-analysis
NYSE:IONQ Debt to Equity History December 22nd 2024
How Well Is IonQ Growing?

IonQ boosted investment sharply in the last year, with cash burn ramping by 51%. While that certainly gives us pause for thought, we take a lot of comfort in the strong annual revenue growth of 90%. Considering the factors above, the company doesnā€™t fare badly when it comes to assessing how it is changing over time. While the past is always worth studying, it is the future that matters most of all. For that reason, it makes a lot of sense to take a look at our analyst forecasts for the company.

How Hard Would It Be For IonQ To Raise More Cash For Growth?

There's no doubt IonQ seems to be in a fairly good position, when it comes to managing its cash burn, but even if it's only hypothetical, it's always worth asking how easily it could raise more money to fund growth. Companies can raise capital through either debt or equity. Commonly, a business will sell new shares in itself to raise cash and drive growth. By comparing a company's annual cash burn to its total market capitalisation, we can estimate roughly how many shares it would have to issue in order to run the company for another year (at the same burn rate).

IonQ's cash burn of US$120m is about 1.3% of its US$9.6b market capitalisation. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares.

So, Should We Worry About IonQ's Cash Burn?

It may already be apparent to you that we're relatively comfortable with the way IonQ is burning through its cash. In particular, we think its revenue growth stands out as evidence that the company is well on top of its spending. Although its increasing cash burn does give us reason for pause, the other metrics we discussed in this article form a positive picture overall. Looking at all the measures in this article, together, we're not worried about its rate of cash burn; the company seems well on top of its medium-term spending needs.
👍️ 3
Brian34 Brian34 16 hours ago
I sure hope we are using the shelf we did last year to raise some funding with the stock doing so well. The shelf was for 500 m.. We are in great shape with about 3 years of cash on hand. I would love to see that raised to 5 years. Street loves to see well capitalized companies. We also have 0 debt. Keep it like that.

Brian
👍️ 1
Brian34 Brian34 17 hours ago
I believe Quantum will be the next big technology. Bigger than anything we have ever seen. Ionq may or may not be the big winner. However this technology will change the world. I have been in for 3 years. Ups and downs along the way. I do think IONQ could see 500 over the next few years. This would give us a 120b mkt cap. I remember Rivian a few years ago with over a 120b mkt cap. Electric trucks? That was big. However Quatum will be alot bigger. The google Willow Chip has confirmed it for me.
Brian
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PonderosaPack PonderosaPack 20 hours ago
Analysts revamp IonQ, Rigetti, and D-Wave Quantum stock price targets on quantum computing outlook
This is what could next to shares of IonQ, Rigetti and D-Wave Quantum.
Are you ready for a quantum leap?
No, this is not the 1989 TV show about the scientist who gets trapped in time after a botched government experiment and must leap from body to body. And, no, it's not a 2022 reboot, either.
Related: Analyst unveils top tech stocks to buy for 2025
This is for real- or it will soon be, according to those in the know.
Quantum computing is one of the main areas of emerging quantum technology, and it's generating a lot of buzz right now.Ā 
This field of computer science applies the laws of quantum mechanics to simulate and solve complex problems that are too difficult for the current crop of computers.

While todayā€™s computers use binary electrical signals to represent ones or zeros, quantum computers employ quantum bits or qubits, which are subatomic particles.
ā€œDigital computers have been making it easier for us to process information for decades," the consulting firm McKinsey said in an April report. "But quantum computers are poised to take computing to a whole new level."
McKinsey said that quantum computers have the potential to work with better algorithms that could transform machine learning across a diverse range of industries, from automotive to pharmaceuticals.
Google makes quantum chip announcement
Quantum computers could accelerate the arrival of self-driving vehicles, and companies like FordĀ  (F) , General MotorsĀ  (GM) , VolkswagenĀ  (VLKAF) , and numerous mobility start-ups are running video and image data through complex neural networks with the goal of using AI to teach a car to make crucial driving decisions.
"Over the next few years, the major players in quantum computing, as well as a small cohort of start-ups, will steadily increase the number of qubits that their computers can handle and improve how the technology functions," McKinsey said.
Related: Veteran analyst explains if stocks will see a Santa Claus Rally this year
But none of this is going to happen anytime soon.Ā 
The firm's survey of tech executives, investors, and academics in quantum computing found that 72% believe that by 2035, there will be a fully fault-tolerant quantum computer, meaning a computing system that will continue functioning correctly even in the presence of errors or faults.Ā 
The remaining 28% surveyed believe this milestone wonā€™t be reached until 2040 or later.
On Dec. 9, Hartmut Neven, an engineering vice president at GoogleĀ  (GOOGL) , unveiled Willow, the tech giantā€™s latest quantum chip.
ā€œWillow can reduce errors exponentially as we scale up using more qubits,ā€ Neven, founder and manager of the quantum artificial intelligence lab, said in a blog post. ā€œThis cracks a key challenge in quantum error correction that the field has pursued for almost 30 years.ā€
In addition, Willow performed a standard benchmark computation in under five minutes that would take one of todayā€™s fastest supercomputers 10 septillion years ā€” a number that vastly exceeds the age of the Universe.
Quantum computing stocks explode higher
Investment firms have been researching quantum companies and recently issued reports for IonQĀ  (IONQ) , D-Wave QuantumĀ  (QBTS) Ā and Rigetti ComputingĀ  (RGTI) .
IonQ is a quantum computing hardware and software company. D-Wave develops quantum computing systems and offers software, cloud services, and professional solutions for several industries, while Rigetti designs quantum computers and offers cloud-based quantum services.
IonQ's shares are up 206% from a year ago, while D-Wave Quantum surged 582.4% in the last 12 months. Rigetti Computing has skyrocketed a mind-boggling 789% from this time last year.
"Everyone, investors and customers alike, want to know when previously impossible tasks can be addressed by quantum applications,ā€ Peter Chapman, IonQā€™s president and CEO, said during the companyā€™s third-quarter earnings call in November.Ā 
"The answer is that [when], the convergence of powerful enough quantum computers, a matching application and ability to manufacture the hardware, at scale.ā€
IonQ CEO says noisy quantum computers can provide value
Chapman said that there are two camps or schools of thought on this topic in the quantum world.
ā€œOne camp believes you need near perfection before value can be unlocked,ā€ he said. ā€œIf they are correct, sadly, Quantum is still a long way off. The naysayers belong to this camp, but their numbers are dwindling every day."
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"The other camp, which IonQ and others belong to, believe todayā€™s early noisy quantum computers can provide value even before they are perfected," Chapman added. "If we are right, it gives us a significant advantage by generating early meaningful cash collection as we work towards perfection."
IonQ posted a loss of 24 cents per share last quarter, missing Wall Streetā€™s call for a 23-cent loss. Revenue spiked 102%, to $12.4 million beating analystsā€™ forecasts of $10.56 million.
DA Davidson initiated coverage of IonQ with a buy rating and $50 price target, according to The Fly.
The firm believes IonQ represents "a compelling pure-play investment positioned to capitalize on quantum computing's rapid growth," driven by increasing inadequacy of classical computing for solving complex problems, while also citing the company's "leadership in this emergent frontier."Ā 
Unlike competing architectures from IBMĀ  (IBM) , Google, and others, a core technological advantage in the company's trapped-ion qubit architecture offers IonQ greater reliability, accuracy, and scalability, DA Davidson said.
Benchmark raised the firm's price target on D-Wave Quantum to $8 from $3 and kept a buy rating on the shares.Ā 
The firm said the sentiment for quantum has "clearly shifted over the last few weeks," with multiple industry and company-specific announcements helping drive the price inflection for the group.Ā 
Despite the move, Benchmark said it believes the company's recent balance sheet recapitalization "eliminates much of the risk discount that has remained an overhang since its public debut" following a meeting with D-Wave's CFO, John Markovich, during Benchmark's Discovery Conference.
Craig-Hallum initiated coverage of Rigetti Computing with a buy rating and $12 price target.Ā 
The company has unique scaling advantages that may allow it to achieve equivalency or superiority compared with its direct peers and a quantum advantage in the next few years, the firm said.
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PonderosaPack PonderosaPack 20 hours ago
https://finance.yahoo.com/news/were-interested-see-ionq-nyse-140115850.html
šŸ‘ļø0
Konaploinks Konaploinks 21 hours ago
Why IonQ

Economy-Spanning Opportunity

Quantum computing is expected to change all industries, from farming to banking to logistics. Quantum computing has vast potential, with experts predicting a total addressable market of ~$65 billion by 2030.

Large and Growing Technological Advantage

We believe that our technology offers substantial advantages compared to other competing quantum computing systems, and that its technology is protected by a robust intellectual property portfolio. IonQ holds a wide array of patents for fundamental technologies core to quantum computing and holds exclusive licenses to patents issued to the co-foundersā€™ academic labs.

World-Class Leadership Team

Our seasoned executive leadership team has deep expertise in quantum technology and includes leaders with experience from Amazon, Apple, Google, Nvidia, Meta, and Microsoft. Our commercial team is led by executives with decades of experience scaling and commercializing new technologies.

Industry-Leading Platforms and Partnerships

Quantum solutions using IonQ systems will be delivered directly and through strategic partnerships. Our systems are currently the only quantum hardware available on all of the leading cloud platforms, making the power of quantum accessible to all developers across industry and sectors.

Rapid Development

Since inception in 2015, IonQ has produced six generations of quantum computers. We believe our systems have a clear path to scalability, and expect to demonstrate modular quantum computers small enough to be networked together in a datacenter in just a few years. ā€¦.. me. Update. That was a few years ago. Forte Enterprise is here and capable of being daisy chained. Tempo will soon be rack mountable also
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Konaploinks Konaploinks 21 hours ago
OUR MISSION:
To build the worldā€™s best quantum computers to solve the worldā€™s most complex problems.

Quantum computers are a revolutionizing technology ā€” they have the potential to transform business, society, and the planet for the better, and IonQ is at the forefront of this revolution.

After over 25 years of academic research, IonQ was founded in 2015 by Chris Monroe and Jungsang Kim with $2 million in seed funding from New Enterprise Associates, a license to core technology from the University of Maryland and Duke University, and the goal of taking trapped ion quantum computing out of the lab and into the market. In the following three years, we raised an additional $20 million from GV, Amazon Web Services, and NEA, and built two of the worldā€™s most accurate quantum computers.

In 2019, we raised another $55 million in a round led by Samsung and Mubadala, and announced partnerships with Microsoft and Amazon Web Services to make our quantum computers available via the cloud.

In 2020 and 2021, we built additional generations of high performance quantum hardware, added Google Cloud Marketplace to our cloud partner roster and announced a series of collaborations and business partnerships with leading academic and commercial institutions.

On October 1st, 2021, IonQ began trading as IONQ on the New York Stock Exchange, making it the world's first public pure-play quantum computing company. We remain hard at work realizing the world-changing potential of quantum computing.

Headquartered
College Park, MD
Founded
2015
Leadership

dots background

headshot of Peter Chapman
Peter Chapman
President & CEO

headshot of Thomas Kramer
Thomas Kramer
Chief Financial Officer

headshot of Rima Alameddine
Rima Alameddine
Chief Revenue Officer

headshot of Tom Jones
Tom Jones
Chief People Officer

headshot of Margaret Arakawa
Margaret Arakawa
Chief Marketing Officer

headshot of Stacey Giamalis
Stacey Giamalis
Chief Legal Officer & Corporate Secretary

headshot of Dean Kassmann
Dean Kassmann
SVP Engineering & Technology

headshot of Dave Mehuys
Dave Mehuys
VP Production Engineering

headshot of Ariel Braunstein
Ariel Braunstein
SVP Product

headshot of Jordan Shapiro
Jordan Shapiro
VP Financial Planning & Analysis
👍 1
Konaploinks Konaploinks 22 hours ago
Company Overview

The dawn of the quantum age is here. IonQ is developing quantum computers designed to solve the worldā€™s most complex problems, and transform business, society and the planet for the better.

Founded on more than 25 years of pioneering academic research, IonQ is developing trapped-ion quantum computers, bringing this powerful technology out of the lab and into commercial, industrial, and academic applications. Ionized atoms are the heart of our quantum systems, and as a result, we believe our computers can perform longer, more sophisticated calculations with fewer errors than any quantum computer yet built.

Poised to be the first mover and a leading player in the quantum revolution, IonQ is deeply committed to expanding quantum access to more people in more places. We lead the market with the first and only quantum hardware integrated with all major cloud platforms, quantum programming languages, and quantum software developer kits, empowering people from all walks of life to solve real-world problems and optimization challenges across chemistry, medicine, finance, logistics, and much more.

With a business model aligned to rapid quantum market growth, an unparalleled technological advantage, and a deep history of quantum innovation and leadership, we believe we are well-positioned to lead the way forward as quantum computing changes the world.
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Konaploinks Konaploinks 22 hours ago
Homework. COLLEGE PARK, MD ā€” FEBRUARY 15, 2024

IonQ Opens Doors to First Dedicated Quantum Computing Manufacturing Facility in the U.S..

Senator Maria Cantwell (D-Wash.) cut the ribbon on new facility alongside IonQ leaders
Facility will manufacture quantum computers and plans to create thousands of new jobs and opportunities over the coming years
https://images.ctfassets.net/hqm865gc1xfs/2jU5JINESfrFaIuX3vRlW0/e8956116faac8d750eea0ec91647edd1/IONQ-_Ribbon_Cutting_.jpg

COLLEGE PARK, MD - February 15, 2024 - IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced the opening of the United Statesā€™ first quantum computing manufacturing facility, located in Bothell, Washington, a suburb of Seattle. As part of this announcement, the company also shared an expansion of its Seattle facilities, increasing its footprint from 65,000 square feet to an impressive 105,000 square feet.

The facility will be IonQā€™s second quantum data center providing cloud access to IonQ customers, and the primary production engineering location in the U.S. It will also house the companyā€™s expanding R&D and manufacturing teams, including the teams focused on the upcoming rollout of the next-generation IonQ Forte Enterprise and IonQ Tempo systems.

This is the first factory in the U.S. that will manufacture quantum computers that are replicable and deployable in customersā€™ data centers. The new quantum factory solidifies the Pacific Northwest as a hub for technology innovation and manufacturing and plans to create thousands of new jobs and opportunities over the coming years, leveraging the skilled workforce already present in the region.

ā€œThe Seattle facility represents a tangible realization of IonQā€™s commitment to commercializing quantum and getting quantum computers into the hands of customers,ā€ said IonQ CEO Peter Chapman. ā€œIonQ is not just building a manufacturing facility; weā€™re also investing in the surrounding community drawing talent and thought leaders to Seattle and empowering organizations within the community with innovative quantum capabilities.ā€

During IonQā€™s ribbon-cutting ceremony today, Washington State U.S. Senator Maria Cantwell ā€“ a staunch advocate for science and technology research and the lead Senate negotiator of the CHIPS and Science Act in 2022 ā€“ praised the company for its commitment to quantum innovation.

ā€œQuantum computing has the potential to be a game changer -- it can help us create new drugs and fight disease, turbocharge clean energy alternatives, and improve food production,ā€ Sen. Cantwell said. ā€œQuantum computing is blossoming in our region thanks to an ideal ecosystem of world-class universities, businesses, laboratories, and talented workers.ā€

Todayā€™s announcement is the latest in a series of business and technical achievements for IonQ, including achieving #AQ35 one year ahead of schedule and securing a partnership expansion with Amazon Braket to bring IonQ Forte to the Amazon Braket Direct Program.

The company currently works with global corporations such as Hyundai Motor Company, Airbus, and GE Research to apply quantum computing to complex challenges within their businesses. Furthermore, the company has entered into a partnership agreement with QuantumBasel to install two quantum systems in Basel, Switzerland. IonQ has also secured a $25.5 million project with the United States Air Force Research Lab (AFRL) to implement two next-generation quantum computing systems at their facilities in Rome, New York.

In addition to on premises solutions, IonQā€™s quantum systems are available on all three major cloud providers: Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. To learn more about how you can get started on an IonQ system today, please contact us directly at: https://ionq.com/get-ready.
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Konaploinks Konaploinks 22 hours ago
Homework: Itā€™s fun making money with knowledge!. .
Yes, IonQ is a leading force in quantum computing manufacturing in Bothell, Washington. In February 2024, they opened the United Statesā€™ first dedicated quantum computing manufacturing facility in Bothell, marking a significant milestone in the industry.

This facility serves as IonQā€™s primary production engineering location in the U.S. and houses their expanding R&D and manufacturing teams. It also functions as their second quantum data center, providing cloud access to IonQ customers.

IonQā€™s establishment in Bothell is expected to bring substantial economic growth to the region, with plans to add hundreds of jobs and invest $1 billion over the next decade.

Their presence in Bothell underscores IonQā€™s leadership in the quantum computing sector and highlights the areaā€™s growing significance in this advanced technology field.

For a closer look at IonQā€™s Bothell facility and its impact on the quantum computing landscape, you might find the following video informative:
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Konaploinks Konaploinks 22 hours ago
Homework. Qubitekk, a California-based company specializing in quantum technologies, has developed a diverse patent portfolio focusing on quantum key distribution (QKD) and quantum networking. Their innovations aim to enhance data security and facilitate the adoption of quantum computing and cryptography applications. Notable patents include:
   ā€¢   Tunable Source Bi-Photons: This patent describes devices and methods for producing bi-photons without complex alignment, offering a tunable source of high-brightness, high-visibility bi-photons for various applications.
   ā€¢   Incorruptible Public Key Using Quantum Cryptography for Secure Wired and Wireless Communications: This patent outlines a hardware system and encryption method that generates encryption keys based on quantum mechanical phenomena, providing ā€œfuture-proofā€ security against advances in computational power.
   ā€¢   Scalable Source of Quantum Entangled Photons: This patent details devices and methods for producing bi-photons and entangled photons without complex alignment, offering a scalable source for numerous applications.

In 2020, Qubitekk acquired a significant QKD patent portfolio from QinetiQ, comprising 57 patent filings across 17 families. This acquisition enhanced Qubitekkā€™s capabilities in quantum science, particularly in technologies enabling QKD over long distances and scalable quantum networks.

In November 2024, IonQ announced its intention to acquire Qubitekk, including its extensive patent portfolio of 118 U.S. and international patents. This acquisition is expected to bolster IonQā€™s expertise in quantum networking and expand its technological capabilities.

Qubitekkā€™s patents reflect its commitment to advancing quantum technologies, focusing on practical solutions for secure communication and scalable quantum networks.

For a deeper understanding of Qubitekkā€™s contributions to quantum networking, you might find the following video informative:
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Konaploinks Konaploinks 22 hours ago
Homework IonQ has recently expanded its intellectual property portfolio with several new U.S. patents, enhancing its position in the quantum computing industry. These patents focus on various aspects of quantum technology, including system architecture, gate operations, and error mitigation techniques. Notable patents include:
   ā€¢   Double Individual-Addressing Multi-Beam Raman System: This patent introduces a system that uses multiple individual lasers entering the ion trap from both sides, allowing for precise control of long-chain ions and facilitating the scaling of future quantum systems.
   ā€¢   Techniques for Controlling Small Angle Mølmer-Sørensen Gates and Handling Asymmetric SPAM Errors: This patent describes methods for calibrating and controlling quantum gates to improve accuracy and reduce errors in quantum computations.
   ā€¢   Atomic Ovens Based on Electric Discharge: This patent details a system for producing a stream of particles using an electric discharge, which can be applied in quantum information processing systems.

In addition to these patents, IonQ is set to acquire Qubitekkā€™s 118 patents, bringing its total to over 600 U.S. and international issued and pending patents. This extensive portfolio underscores IonQā€™s leadership in the quantum computing field and its commitment to advancing the technology across multiple industries and applications.

For a more detailed overview of IonQā€™s recent patents and their implications, you might find the following video informative:
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doc2016 doc2016 1 day ago
nvidia partnered with oracle for gpu access; oracle now partners with meta......meta has many potential end client users and whatsApp. remote client to supercomputer/gpu/quantum computing assets would create very powerful ai solutions for users. a user would only need to designate the virtual servers/virtual services they might want /need to use, even having an ai suggest and connect to the most 'useful' such and their apis. all in the fabric of msft , which oracle also uses?
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uksausage uksausage 1 day ago
I was quoting (hence the use of quotes) from the article previously posted:
https://www.yahoo.com/tech/quantum-computer-could-crack-bitcoin-203405031.html

My background is in technology product marketing, a big fan of "Crossing the Chasm" and "The Gorilla Game" both very relevant here (Geoffery Moore late 1990s)

I am trying to identify the "bowling pin" application that will break quantum into mainstream computing by asking relevant questions. It's sort of like saying "so what?" when you start listing the technology breakthroughs. Unless it actually delivers benefits it is just technology.

The corporate presentations from IONQ compared to the others in the market stand out because they understand it isn't just abut the technology and having early partnerships with commercial companies is extremely promising.

This is one of the best boards for constructive discussion and sharing information. haven't gone back to July - but may be will do over the holiday.
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JJ8 JJ8 1 day ago
I like this analyst- Parkev Tatevosian- He is a professor. He does financial analysis and sees the likely potential of the stock; he evaluates it objectively. I find him to be reliable, not hyping but using stock's history and performance as guide. I have been following him for about a year now.

I can see that he can explain complex situations making it simple and understandable.

He also goes back to review his previous recommendations when things change, as he did with MU.

Actually I bought the stock when the share price suddenly dropped by the disappointing ER, recently I just bought it this week.

I knew about MU for several years already for being a good stock. I only read his follow-up review after I had already purchased shares. He was still recommending it. I told him it was my first time as I saw the drop in price.

Cheers & Happy Holidays
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THEBEASTMUGABI THEBEASTMUGABI 1 day ago
Watched it JJ 💪 !  
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JJ8 JJ8 1 day ago
I hope this works:

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doc2016 doc2016 1 day ago
kona, sure, but wait, i think making quantum computing be available to the gpu/supercomputer/cpu/clients and other infrastructure of the msft fabric or other organizations fabric would be huge. make the whole node and node of nodes be able to use distributed resources in their work goal to find a antibody, protein, treatment and digitally test it in simulations, optimizing it, and then creating the manufacturing workflow of real product creation for more final testing. digital simulations/sequence discovery, side chains, which does what and vice versa. that creates value which everybody/anybody can understand and the makes the tech so much more valuable.

peer to peer virtual servers and virtual services communications and work.......means apis...apis are the desired electromagnetic states, internet settings for such. we know a patent or two for those actions.

dates i'm thinking about jan 6th ces keynote by jensen and jan 15 msft fabric presentation.
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JJ8 JJ8 2 days ago
Watch the news and analysis of IonQ on Youtube titled "Huge News for IonQ Stock Investors! | IonQ Stock Analysis | Quantum Computing Stocks" by Parkev Tatevosian.

You would be happy and share price uppy!
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Mr. Hathaway Mr. Hathaway 2 days ago
Savage last sentence...ha ha ha!
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IanFromSI IanFromSI 2 days ago
The need for quantum machines will be colossal. Period.

Two questions:

One: application can be done on an IONQ computer and produce accurate results?

2: if these quantum computers are so fast why would you need a colossal number of them to replace a relatively small number of computers currently being used by corporations?
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Konaploinks Konaploinks 2 days ago
What about peer to peer quantum computers Doc? A quantum peer to peer network like the AFRL etc etc could possibly set up? Wouldnā€™t that be more secure and would Luizā€™s ( Vcsy) patents come into play? With our own Quantum O S now and quantum M L and quantum LLM ā€˜s and quantum network's it seems plausible and completely secure to me. Especially if you added Q K D from within the peer to peer network. Am I crazy, or on to something?
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IanFromSI IanFromSI 2 days ago
Google's latest quantum chip also falls woefully short of doing anything actually useful as of right now.

Please enlighten us.

Name one useful application that only can be achieved using IONQ quantum computers. ā€¦ or if you can name two or three.
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Konaploinks Konaploinks 2 days ago
Now that Peter has his present under the tree, it would be nice for us to find one on Monday or Tuesday morning. Not that he hasnā€™t done really well for all shareholders , and especially for ones that have been in for only 3 or 4 months , like me. Iā€™m up over 360% !! An unbelievable gain! But the newbies could use a little something so Iā€™m hoping a big fat box of good news is under their tree too .Tis the season to be jolly !🎅🏻🧑🏼‍🎄🤶🏼🤞
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Konaploinks Konaploinks 2 days ago
Jack. I think U K is coming around as he reads more and is more educated on Ionq and quantum computing . Time will tell if heā€™s attempting to be a ā€œsoft bashturd ā€ We shall see
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Konaploinks Konaploinks 2 days ago
44.90 A H. Up .48 1.08% Good job Peter! Keep up the great work!!
Peter is getting a raise to 700 k a yr and a 10,000,000. bonus this year and next as long as he meets certain milestones. I think he most definitely met them this year and Iā€™m sure heā€™ll meet them next year. Go Peter GO !

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Performance Stock Unit Grant and Cash Bonus
IonQ, Inc.ā€™s (the ā€œCompanyā€) executive compensation philosophy includes the following principles: connecting compensation to technical roadmap progression and financial measures that correlate strongly with total stockholder returns; balancing short-term financial results with long-term strategic objectives; rewarding achievement of challenging corporate objectives and exceeding performance measures, without encouraging inappropriate risk-taking; providing competitive pay packages capable of attracting and retaining top talent, sometimes from larger, well-established technology companies; and rewarding extraordinary results and performance.
On December 16, 2024 (the ā€œGrant Dateā€), in reliance on the above-mentioned compensation philosophy principles and considering input from its independent advisors, the independent members of the Board of Directors (the ā€œBoardā€) of the Company granted Peter Chapman, the Companyā€™s President and Chief Executive Officer, an award of performance stock units (the ā€œPSUsā€, and the ā€œChapman PSU Awardā€) pursuant to the already existing management performance stock unit program. In addition, on December 16, 2024, the Board approved a cash incentive award of $10,000,000 to Mr. Chapman (the ā€œ2024 Chapman Bonusā€) for 2024, a cash incentive award of $10,000,000 to Mr. Chapman for 2025 (the ā€œ2025 Chapman Bonusā€) and an annual salary increase from $505,000 to $700,000 for Mr. Chapman.
No additional cash or equity incentives for Mr. Chapman are currently contemplated by the Board prior to 2027.
Terms of the Chapman PSU Award
The Chapman PSU Award provides Mr. Chapman with an opportunity to earn 119,588 shares of Company common stock based on target performance aggregated between the Grant Date and December 31, 2026 (the ā€œPerformance Periodā€) with respect to certain technical and financial goals, each of which represent 50% of the target PSU opportunity, and a stock price hurdle requirement. If the Companyā€™s 60-trading day average closing price per share of common stock does not equal or exceed a pre-defined share price at the end of the Performance Period, the maximum PSU opportunity shall be limited to target (100%) performance. Achievement could range from 0% to 300% (358,764 shares) of the target number of PSUs offered to Mr. Chapman. Each PSU granted represents the right to receive one share of common stock based on target performance, but the ultimate number of shares of common stock earned with respect to Mr. Chapmanā€™s PSU Award will be determined as of the completion of the Performance Period. The Performance Period will end on December 31, 2026, unless the maximum performance goals are achieved before December 31, 2025, which would accelerate the Performance Period end date to December 31, 2025. There will be no other progress performance vesting during the Performance Period.
Pursuant to the terms of the Chapman PSU Award agreement and the Companyā€™s 2021 Equity Incentive Plan (the ā€œ2021 Planā€), the PSUs will continue to be outstanding and may vest for so long as Mr. Chapman is in Continuous Service (as defined in the 2021 Plan) as an employee of the Company (and any successor) or an Affiliate (as defined in the 2021 Plan) generally through completion of the Performance Period.
The Board approved the Chapman PSU Award to incentivize achievement of the Companyā€™s long-term growth strategy and drive return to stockholders by (i) aligning Mr. Chapmanā€™s interests with those of the Companyā€™s stockholders such that material elements of Mr. Chapmanā€™s compensation opportunity are performance-based and (ii) providing a significant incentive for Mr. Chapman to continue to lead the Company, while executing critical growth initiatives.
Terms of the 2024 Chapman Bonus and 2025 Chapman Bonus
Subject to Mr. Chapmanā€™s continued employment with the Company through the applicable date, the 2024 Chapman Bonus is to be paid on or before Dec. 31, 2024, and the 2025 Chapman Bonus is to be paid on or before Dec. 31, 2025. The Board approved the 2024 Chapman Bonus to recognize outstanding leadership and Company performance in 2024 and in light of Mr. Chapman declining long-term equity incentive compensation in 2023 and 2024 prior to the Chapman PSU Award. The Board approved the 2025 Chapman Bonus to incentivize Mr. Chapman to continue to lead the Company.
In the event that Mr. Chapmanā€™s employment is terminated prior to the last day of the applicable calendar year by the Company without ā€œCauseā€ or by Mr. Chapman for ā€œGood Reasonā€ (each such term, as defined in the IonQ, Inc. Executive Severance Plan and Summary Plan Description, as amended on December 3, 2024), the Company will pay Mr. Chapman any previously unpaid portion of the 2024 Chapman Bonus and the 2025 Chapman Bonus, as applicable, following the termination, subject to Mr. Chapmanā€™s timely execution and non-revocation of a general release of claims in a form reasonably satisfactory to the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

IonQ, Inc.
Date: December 20, 2024 By:
/s/ Stacey Giamalis

Stacey Giamalis
Chief Legal Officer and Corporate Secretary
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Konaploinks Konaploinks 2 days ago
Great posts Doc! Everyone needs to read them for their homework 😎🤙
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Konaploinks Konaploinks 2 days ago
Right on UK. I see youā€™ve been doing your homework. Good job. As you well know knowledge is power. If all new investors would go back 4 months and read this board they would have gained a wealth of knowledge. Pun intended. I encourage everyone to do so in your spare time. Start back around the end of July and read forward. If you do that I assure you that you will relax and even buy more. Good luck and Mele Kalikimaka and Haouli Makahiki Hou everyone!
Keep your eye on IonQ
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doc2016 doc2016 2 days ago
i think remote use of quantum computers will be more generally available for science and the governments involvement in science. :gemini ai says:
"2.0 Experimental Advanced. Lacks access to real-time info and some Gemini features.
The US government can leverage quantum computing in numerous ways, potentially revolutionizing areas from national security to scientific research. Here's a breakdown of key opportunities and how the government can take advantage of them:

1. National Security & Defense:

Cryptography: Quantum computers pose a significant threat to current encryption methods (like RSA and ECC), which underpin internet security, financial transactions, and government communications.
Advantage: The government can invest in research and development of post-quantum cryptography (PQC) algorithms that are resistant to attacks from quantum computers. It can also lead the transition to deploying these new standards, ensuring secure communication channels and data protection.
Example: The National Institute of Standards and Technology (NIST) is currently leading an effort to standardize PQC algorithms. The government can actively participate in and fund this process, while also preparing its agencies to adopt the selected standards.
Intelligence Gathering: Quantum computers could potentially break current encryption methods, allowing access to classified information.
Advantage: Conversely, the government can also use quantum computers for cryptanalysis, potentially gaining an advantage in intelligence gathering. However, this area raises ethical concerns that must be carefully addressed.
Materials Science & Weapons Development: Quantum simulations can accelerate the discovery of new materials with enhanced properties, potentially leading to advancements in weaponry, stealth technology, and defense systems.
Advantage: The government can fund research in quantum simulations for materials science, focusing on applications relevant to national security, such as high-strength alloys, advanced composites, and novel explosives.
Sensor Technology: Quantum sensors can offer unprecedented precision in detecting and measuring various phenomena, including magnetic fields, gravitational waves, and biological signals.
Advantage: This can lead to advancements in areas like submarine detection, underground mapping, and early threat detection systems. The government can invest in developing and deploying quantum sensors for defense applications.
Example: Quantum magnetometers can be used to detect subtle changes in magnetic fields caused by submarines, potentially improving anti-submarine warfare capabilities.
2. Scientific Research & Discovery:

Drug Discovery & Development: Quantum computers can simulate molecular interactions with high accuracy, accelerating the process of drug discovery and personalized medicine.
Advantage: The government can fund research in quantum simulations for drug development, particularly for diseases with high societal impact, such as cancer, Alzheimer's, and infectious diseases. Agencies like the National Institutes of Health (NIH) can play a crucial role.
Materials Science: Beyond defense applications, quantum simulations can accelerate the discovery of new materials for various industries, including energy, electronics, and manufacturing.
Advantage: The Department of Energy (DOE) can fund research into quantum simulations for materials science, focusing on areas like renewable energy technologies (solar cells, batteries), high-performance computing materials, and sustainable manufacturing processes.
Fundamental Physics: Quantum computers can simulate complex quantum systems that are intractable for classical computers, providing insights into fundamental physics, such as quantum gravity and the early universe.
Advantage: The government can support research in using quantum computers for fundamental physics simulations through agencies like the National Science Foundation (NSF) and the DOE.
Climate Modeling: Quantum computing may be able to enhance climate models, offering more accurate predictions and better strategies for mitigation and adaptation.
Advantage: Government agencies, such as NASA and NOAA, can invest in quantum computing research to improve climate models and inform policy decisions related to climate change.
3. Economic Competitiveness:

Optimization Problems: Quantum computers can solve complex optimization problems that are relevant to various industries, including logistics, finance, and manufacturing.
Advantage: The government can encourage the development of quantum algorithms for optimization problems and promote their adoption by US businesses, enhancing their competitiveness in the global market.
Artificial Intelligence (AI): Quantum computing could potentially accelerate the development of artificial intelligence, leading to breakthroughs in machine learning and other AI applications.
Advantage: The government can invest in research on the intersection of quantum computing and AI, promoting the development of quantum machine learning algorithms and exploring their potential applications across various sectors.
Quantum Workforce Development: To fully realize the potential of quantum computing, a skilled workforce is needed.
Advantage: The government can invest in education and training programs to develop a quantum-ready workforce, including scientists, engineers, and technicians. This could involve funding university programs, research fellowships, and vocational training initiatives.
How to Take Advantage (Actionable Steps):

Increase Funding for Quantum Research and Development: The government should significantly increase funding for quantum computing research across various agencies, including the NSF, DOE, DOD, NIST, and NASA.
Establish a National Quantum Initiative: The National Quantum Initiative Act, which was signed into law in 2018, provides a framework for coordinating quantum research and development across the government. This initiative should be fully funded and implemented.
Foster Public-Private Partnerships: The government should encourage collaboration between government agencies, academia, and industry to accelerate the development and commercialization of quantum technologies.
Develop a Quantum-Ready Workforce: Invest in education and training programs to build a workforce with the skills needed to develop and utilize quantum technologies.
Address Ethical and Security Concerns: Establish guidelines and regulations to address the ethical and security implications of quantum computing, particularly in areas like cryptanalysis and AI.
Promote International Collaboration: Engage in international collaborations on quantum computing research and development, while also safeguarding national security interests.
Develop a Roadmap for Quantum Technology Deployment: Create a strategic roadmap outlining the timeline and steps for deploying quantum technologies in various sectors, including national security, healthcare, and energy.
By taking these steps, the US government can effectively harness the transformative potential of quantum computing, ensuring national security, scientific leadership, and economic competitiveness in the decades to come. The race to quantum supremacy is on, and strategic investments and proactive measures are crucial for maintaining a leading position."
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doc2016 doc2016 2 days ago
cisa put out an operational directive for all civilian government agencies using m teams called scuba. secure cloud business applications and tools to monitor for suspicious activity on devices..? log monitoring. how to be able to monitor such function across the entire civilian federal government including d oe, hhs, homeland security, state, commerce, treasury, etc.....maybe part of a doge based question and action?
quantum and supercomputers needed for local, regional, countrywide, global work and security thereof.
dod had a initiative computer server consolidation.
this ionq quantum and network ip could be vital to those aspirations.
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Jack Torrance Jack Torrance 2 days ago
Every field of mathematics and every field of science, as well as any business or government entity that performs complex computations, either sporadic or ongoing continuous. The use cases for quantum computers are literally the same as the use cases for classical computers. When there is a computer that will do things millions of times faster than the best computer in the world, people will switch over. Saying there are limited use cases for quantum is like saying there are limited use cases for automobiles during the time of the horse, because horses and carts can do the same work just as well.

When there is a new, better technology, it largely replaces the obsolete technology. This is the way of the human race for thousands of years. Get. A. Clue.

You are muted, by the way. Because you're a moron.
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uksausage uksausage 2 days ago
yet you cant give me the use case for the colossal need for quantum. Iā€™m not being negative just realistic, the technology seems to be commercially ready but until there are business cases for them corporations aren't going to be buying them , they will start by buying time on AWS, Google Cloud etc. as they experiment with what could be.

I haven't seen server rooms in offices for years, got moved to private data centers - mainframes then outsourced to specialists and now private data centers being moved to the cloud providers.

Is there really a case for quantum computers in branch offices? may be in 10 years with a new paradigm for automation and monitoring.
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TheDane TheDane 2 days ago
ā€¦unless we get advance notice, not post facto!
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Jack Torrance Jack Torrance 2 days ago
Walk into any corporate headquarters and count how many computers there are, in the office spaces as well as in the server rooms. And then count their computers at all their various branches. The need for quantum machines will be colossal. Period.
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uksausage uksausage 2 days ago
plenty of large corporations and government entities are already running on cloud services - a friend of mine within the military research world just had all their network drives etc moved to the cloud. Once commercial applications are available for quantum then redundancy will be built into the architecture - AWS has much better disaster / back up capabilities than most trying to do it within their own premises. I see the cloud providers being the main delivery vehicle for quantum,

an interesting quote from the last article posted"
On a broader scale, apart from cracking cryptocurrencies, Google's latest quantum chip also falls woefully short of doing anything actually useful as of right now.
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uksausage uksausage 2 days ago
This conference looks spot on. as the first of its kind I sincerely hope there are more.

These paragraphs sum up what I am trying to understand:

Quantum computing and AI are highly synergistic. Quantum computing having the potential to significantly enhance AI capabilities. Quantum AI combines the power of quantum computing with AI to create new algorithms, machine learning techniques, search procedure and data processing techniques that are impossible to achieve with classical computers.

Quantum computing can supercharge AI by processing increasingly large and complex datasets more efficiently, leading to more robust insights and improved processes in sectors such as pharma, finance and the military and intelligence services. Quantum AI has the potential to revolutionize these and other industries by enabling faster machine learning, improved predictions, and enhanced optimization.

It also confirms that there arenā€™t many real use cases yet but the potential is wide reaching. The other post brings up the encryption use case, I understand quantum can easily break traditional encryption so may herald new techniques, but if that requires quantum to do the encryption and decryption that would need quantum available to every computer. That will be huge.

Thanks for the information , trying to make this a vital DD source for others as they discover IONQ and the quantum opportunity
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bluebird50 bluebird50 2 days ago
Beautiful stock... tapped it at 13! 
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Jack Torrance Jack Torrance 2 days ago
I'm sorry. I bit my tongue, so to speak, for months. Done with that nonsense. IGNORE!!! LOL.
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JJ8 JJ8 2 days ago
If that makes them happier, no problem.

That's what I wish for everybody.

Cheers & Happy Holidays.

GLTY & GLTA
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Oleblue Oleblue 2 days ago
What's this with people recommending their own post?? Is that legal??😃

OBV is trending up.

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Konaploinks Konaploinks 2 days ago
Jack. Exactly. Heā€™s a legend in his own mind. Never postā€™s his time and sales data. Posts his trades after the fact. Anyone can do that. I donā€™t think he even knows how to lol. I put a bunch of other bashtards here on iggy days ago. Next! Easy. Just click on more up top. Then click ignore. Ahhhh. Nice clear real informative board without all the lies. Newbies. Read our B o D bios. That should tell you everything you need to know.
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Jack Torrance Jack Torrance 2 days ago
No one cares about your swing trades.
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Jack Torrance Jack Torrance 2 days ago
Dude, give it up. Businesses that use cloud services are at the mercy of the cloud service itself. Wait times, Queues. Service interruptions due to internet, etc. And not to mention most businesses are NEVER going to trust a cloud service with their sensitive data. Financial data, personal information, credit car numbers, military secrets, etc.... There will be an overwhelming need for many, MANY quantum computers in the future.
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