IonQ
About
IonQ is a leader in trapped-ion quantum computing, publicly traded on NYSE (IONQ). In 2025, the company secured landmark funding including a $2 billion institutional investment and completed a $1 billion equity offering, bringing cash position to $1.6 billion. Q3 2025 revenue reached $39.9 million (+221.5% YoY), with FY 2025 guidance of $106-110 million.
December 2025: Through subsidiary ID Quantique, deployed Slovakia's first national quantum communication network (skQCI) as part of the EU-wide EuroQCI initiative, connecting the Presidential Palace, National Security Authority, and Slovak Academy of Sciences. Also announced strategic quantum-biotech partnership with CCRM to accelerate next-generation therapeutic development. Invested in Horizon Quantum Computing's $110M PIPE financing alongside Fortune 50 technology companies.
The company executed an aggressive M&A strategy in 2024-2025 totaling ~$2.5 billion across 7+ acquisitions: Oxford Ionics ($1.075B - trapped-ion technology), ID Quantique ($250M - quantum networking), Capella Space ($318M - satellite imaging), Vector Atomic (atomic clocks/inertial sensors), Qubitekk (quantum networking), Skyloom Global (optical communications), and Lightsynq Technologies (entanglement distribution). This positions IonQ for full-stack quantum-to-space capabilities.
Major contracts include $54.5 million from US Air Force Research Lab. IonQ achieved world-record 99.99% two-qubit gate fidelity and #AQ 64 on its Tempo system. Named only quantum company in Deloitte's 2025 Technology Fast 500 (nearly 2000% revenue growth 2021-2024). November 2025: CEO Niccolo de Masi testified to Congress that IonQ's commercial era has begun. Roadmap targets CRQC by 2028 (~20,000 physical qubits) and ~2 million physical qubits by 2030. Launched Geneva Quantum Network (GQN) with Swiss consortium (UNIGE, CERN, Rolex SA).
Key partnerships include CCRM (biotech), Heven AeroTech (strategic investor, $100M Series B), General Dynamics IT, SK Telecom, AstraZeneca, Ansys, Classiq, and Horizon Quantum. Focus areas: defense, government, enterprise, healthcare, and biotech sectors.
Categories
Qubit Technology
Key People
Christopher Monroe (Co-founder, Chief Scientist), Jungsang Kim (Co-founder, CTO), Peter Chapman (CEO)
Mentions on QuantumZeitgeist
IonQ to Present at World Strategic Forum
quantumzeitgeist.com
IonQ Leader Briefs US Congress on Quantum Tech
quantumzeitgeist.com
IonQ to Acquire Skyloom Global, Boosting Quantum Networking
quantumzeitgeist.com
Classiq Secures Funding from AMD, Qualcomm, and IonQ
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IonQ to Showcase Quantum Applications at Web Summit 2025
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IonQ & UChicago Launch Center to Advance Quantum Research
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IonQ Advances in DARPA’s Quantum Benchmarking Initiative
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Geneva Launches First Citywide Quantum Network with IonQ, CERN & Rolex
quantumzeitgeist.com
IonQ Revenue Surges 222% Year-Over-Year
quantumzeitgeist.com
Quantum Iterative-QAOA Solves Job Shop Scheduling on 97 Qubit IonQ Forte QPUs
quantumzeitgeist.com
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