IonQ Delivers First Overseas Ion Trap to Switzerland, Progressing Development of Quantum Innovation Hub for EMEA
IonQ delivers the heart of its quantumcomputer – the ion trap – to QuantumBasel
IonQ (NYSE: IONQ), a leader in the quantum computing industry,today announced the delivery of its innovative ion trap to itsEuropean quantum data center in QuantumBasel. The delivery marks animportant milestone in the manufacturing of the company’s mostpowerful and scalable system – IonQ Forte Enterprise – which willscale to 35 algorithmic qubits (#AQ) and be capable of consideringmore than 34 billion different possibilities simultaneously.
This press release features multimedia. Viewthe full release here:https://www.businesswire.com/news/home/20240813717294/en/
Photo of ion trap (Image courtesy ofIonQ)
European businesses, government agencies, and researchinstitutes will benefit from enterprise-grade direct access toIonQ’s systems when developing novel applications for highlycomplex problems in fields like AI, finance, and chemistry. IonQspecialists working out of the company’s Basel, Switzerlandheadquarters will be onsite to receive the trap and continue thebuild and commissioning of the system.
“Today's delivery of our first overseas ion trap marks acritical step in our partnership with QuantumBasel, and ourcommitment to building best-in-class quantum computers that meetthe requirements of performance, scalability, and enterprise-gradesolutions,” said Peter Chapman, President and CEO of IonQ. “Thisachievement brings us one step closer to providing direct access toIonQ’s high-performance systems to organizations acrossEurope.”
Announced last year, the partnership between IonQ andQuantumBasel leverages the strengths of both organizations to driveinnovation in quantum technology. As part of this collaboration,QuantumBasel will offer uptownBasel – an international center nearBasel that houses enterprises, research institutes, startups, anduniversities – direct access to the #AQ 35 Forte Enterprise system.IonQ will also deliver a future #AQ 64 system through thispartnership.
“The arrival of IonQ's ion trap and the progress the teams havemade to construct our first quantum system is a testament to thestrong partnership between IonQ and QuantumBasel," said DamirBogdan, CEO of QuantumBasel. "We are excited about the potentialthis technology brings to our commercial and researchendeavors.”
“IonQ's quantum computer on the Swiss Schorenareal in Arlesheimis an important investment in the future," said Dr. ThomasStaehelin, investor, and Chairman of the Board of Directors ofuptownBasel Corp. "We look forward to the innovative developmentsthat will emerge from this collaboration.”
While other quantum hardware developers use "synthetic" quantumbits (qubits) to form the basis of their quantum systems, IonQ’ssystems are built around naturally occurring qubits: individualatoms. These atoms are turned into ions and ‘trapped’ in 3D spacewhere lasers do everything from initial preparation of atoms tofinal readout to deliver accurate results. The speed, accuracy, andscalability of IonQ’s trapped ion systems make them an idealplatform for both research and enterprise applications.
To learn more about IonQ and its latest system news and businessdevelopments, visit https://ionq.com/.
About IonQ
IonQ, Inc. is a leader in quantum computing that delivershigh-performance systems capable of solving the world’s largest andmost complex commercial and research use cases. IonQ’s currentgeneration quantum computer, IonQ Forte, is the latest in a line ofcutting-edge systems, boasting 36 algorithmic qubits. The company’sinnovative technology and rapid growth were recognized in FastCompany’s 2023 Next Big Things in Tech List and Deloitte’s 2023Technology Fast 500™ List, respectively. Available through allmajor cloud providers, IonQ is making quantum computing moreaccessible and impactful than ever before. Learn more atIonQ.com.
IonQ Forward-Looking Statements
This press release contains certain forward-looking statementswithin the meaning of Section 27A of the Securities Act of 1933, asamended, and Section 21E of the Securities Exchange Act of 1934, asamended. Some of the forward-looking statements can be identifiedby the use of forward-looking words. Statements that are nothistorical in nature, including the words “commitment,” “will,” andother similar expressions are intended to identify forward-lookingstatements. These statements include those related to the company’stechnology driving commercial advantage, the ability for thirdparties to implement IonQ’s offerings to increase their quantumcomputing capabilities, the effect of increased availability ofcustomer support functions, IonQ’s quantum computing capabilitiesand plans, access to IonQ’s quantum computers, increases inalgorithmic qubit achievement, and the scalability, performance,speed, accuracy, and reliability of IonQ’s quantum computingofferings. Forward-looking statements are predictions, projections,and other statements about future events that are based on currentexpectations and assumptions and, as a result, are subject to risksand uncertainties. Many factors could cause actual future events todiffer materially from the forward-looking statements in this pressrelease, including but not limited to: changes in the competitiveindustries in which IonQ operates, including development ofcompeting technologies; changes in laws and regulations affectingIonQ’s business; IonQ’s ability to implement its business plans,forecasts, commitments, and other expectations, identify andrealize partnerships and opportunities, and to engage new andexisting customers. You should carefully consider the foregoingfactors and the other risks and uncertainties disclosed in theCompany’s filings, including but not limited to those described inthe “Risk Factors” section of IonQ’s most recent Quarterly Reporton Form 10-Q and other documents filed by IonQ from time to timewith the Securities and Exchange Commission. These filings identifyand address other important risks and uncertainties that couldcause actual events and results to differ materially from thosecontained in the forward-looking statements. Forward-lookingstatements speak only as of the date they are made. Readers arecautioned not to put undue reliance on forward-looking statements,and IonQ assumes no obligation and does not intend to update orrevise these forward-looking statements, whether as a result of newinformation, future events, or otherwise. IonQ does not give anyassurance that it will achieve its expectations.
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IonQ Media:
Tyler Ogoshi
press@ionq.com
IonQ Investor:
investors@ionq.co
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AM","post_time":"August 06 2024","article_id":94324987,"source_id":"bw","media_url":null,"press_release":true},{"headline":"IonQ Awarded Ground-breaking Quantum Computing Contract With Applied Research Laboratory for Intelligence and Security (ARLIS)","short_text":"\nIonQ will design a first-of-its-kind, multi-node, blind quantum computing system for ARLIS The contract extends IonQ\u2019s work with the Federal Government on quantum initiatives and technical...","one_line_short_text":"\nIonQ will design a first-of-its-kind, multi-node, blind quantum computing system for ARLIS The contract extends IonQ\u2019s work with the Federal...","link":"https:\/\/ih.advfn.com\/stock-market\/NYSE\/ionq-IONQ\/stock-news\/94324274\/ionq-awarded-ground-breaking-quantum-computing-con","source":"Business Wire","source_logo":"\/common\/images\/news-sources\/bw.png","tags":[],"timestamp":1722952800,"date":"Tue Aug 06, 2024 ","time":"10:00 AM (2 weeks ago)","full_date":"August 6, 2024 10:00 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2024 2:03 PM","post_time":"July 22 2024","article_id":94230505,"source_id":"bw","media_url":null,"press_release":true},{"headline":"IonQ Unveils Accelerated Roadmap and New Technical Milestones to Propel Commercial Quantum Advantage Forward","short_text":"\nPerformance, scale, and enterprise-grade pillars further define IonQ\u2019s unmatched and integrated approach to achieving commercial quantum advantage IonQ (NYSE: IONQ), a leader in the quantum...","one_line_short_text":"\nPerformance, scale, and enterprise-grade pillars further define IonQ\u2019s unmatched and integrated approach to achieving commercial quantum...","link":"https:\/\/ih.advfn.com\/stock-market\/NYSE\/ionq-IONQ\/stock-news\/94228558\/ionq-unveils-accelerated-roadmap-and-new-technical","source":"Business Wire","source_logo":"\/common\/images\/news-sources\/bw.png","tags":[],"timestamp":1721649600,"date":"Mon Jul 22, 2024 ","time":"8:00 AM (4 weeks ago)","full_date":"July 22, 2024 8:00 AM","post_time":"July 22 2024","article_id":94228558,"source_id":"bw","media_url":null,"press_release":true},{"headline":"IonQ to Report Second Quarter 2024 Financial Results on August 7, 2024","short_text":"\nIonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the quarter ended June 30, 2024, on Wednesday, August 7...","one_line_short_text":"\nIonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced that the company will release its financial results for the...","link":"https:\/\/ih.advfn.com\/stock-market\/NYSE\/ionq-IONQ\/stock-news\/94207530\/ionq-to-report-second-quarter-2024-financial-resul","source":"Business Wire","source_logo":"\/common\/images\/news-sources\/bw.png","tags":[],"timestamp":1721217600,"date":"Wed Jul 17, 2024 ","time":"8:00 AM (1 month ago)","full_date":"July 17, 2024 8:00 AM","post_time":"July 17 2024","article_id":94207530,"source_id":"bw","media_url":null,"press_release":true},{"headline":"IonQ Promotes Dr. Dean Kassmann to Senior Vice President of Engineering and Technology","short_text":"\nDr. Kassmann will spearhead the IonQ Engineering and Technology Division IonQ (NYSE: IONQ), a leader in the quantum computing industry, recently announced the promotion of Dr. Dean Kassmann to...","one_line_short_text":"\nDr. Kassmann will spearhead the IonQ Engineering and Technology Division IonQ (NYSE: IONQ), a leader in the quantum computing industry, recently...","link":"https:\/\/ih.advfn.com\/stock-market\/NYSE\/ionq-IONQ\/stock-news\/94084196\/ionq-promotes-dr-dean-kassmann-to-senior-vice-pre","source":"Business Wire","source_logo":"\/common\/images\/news-sources\/bw.png","tags":[],"timestamp":1718971200,"date":"Fri Jun 21, 2024 ","time":"8:00 AM (2 months ago)","full_date":"June 21, 2024 8:00 AM","post_time":"June 21 2024","article_id":94084196,"source_id":"bw","media_url":null,"press_release":true}],"Preferred Contributors": ""}},created: function () {this.loaded = true;Vue.nextTick(function(){});}});});
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