IonQ, Inc. is a leading quantum computing company that develops advanced quantum computing systems to solve complex problems and drive innovation across industries. The company provides access to its quantum computers through cloud platforms, sells specialized hardware, and offers professional services to help businesses leverage quantum technology. IonQ is committed to advancing quantum computing capabilities and achieving quantum advantage through its proprietary technology and strategic partnerships.
- Quantum-Computing-as-a-Service (QCaaS) - Provides access to quantum computing systems via major cloud platforms like Amazon Web Services, Microsoft Azure Quantum, and Google Cloud Marketplace, as well as through IonQ's own cloud service.
- Quantum Computing Systems - Develops proprietary quantum hardware, firmware, and operating systems to enhance computational capabilities, including higher qubit stability and fidelity.
- Hardware Sales and Support - Sells specialized quantum computing hardware along with maintenance and support services.
- Professional Services - Offers consulting and support to help customers integrate quantum computing into their business operations.
- Future Full-System Sales - Plans to sell enterprise-grade quantum computing systems for cloud-based or local deployment, including models like IonQ Forte Enterprise and IonQ Tempo.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Jungsang Kim Executive | Scientific Advisor | Professor at Duke University | Co-founder of IonQ, Jungsang Kim transitioned to Scientific Advisor in April 2024 after serving as CTO. He is also a professor at Duke University. | |
Peter Chapman Executive | President & CEO | None | Peter Chapman has been CEO since 2018, leading IonQ's transition from an academic-focused organization to a commercial quantum computing company. | View Report → |
Rima Alameddine Executive | Chief Revenue Officer (CRO) | None | Rima Alameddine joined IonQ in December 2022, bringing expertise in enterprise sales from her previous roles at NVIDIA and Cisco. | |
Thomas Kramer Executive | CFO | None | Thomas Kramer joined IonQ as CFO in February 2021 and has extensive experience in financial leadership roles, including at Opower and Cvent. | |
Craig Barratt Board | Chairman of the Board | Chairman of Intuitive Surgical, Inc. | Craig Barratt has been Chairman of IonQ's Board since September 2021. He has held leadership roles at Intel, Google, and Qualcomm Atheros. | |
Harry You Board | Lead Independent Director | Chair/co-CEO of dMY Technology Group Squared, Chair of dMY Technology Group VI, Director at Coupang and Broadcom | Harry You has been on IonQ's Board since September 2021 and was appointed Lead Independent Director in April 2024. He has extensive experience in finance and SPACs. | |
Inder M. Singh Board | Board Member | Director at John Wiley and Sons, Affinity Federal Credit Union; Project Advisor for U.S. DHS | Inder M. Singh joined IonQ's Board in December 2021 and has a background in finance and national security advisory roles. | |
Kathryn Chou Board | Board Member | SVP, SaaS Engineering at Nutanix, Inc. | Kathryn Chou joined IonQ's Board in July 2022 and has a background in engineering leadership and SaaS development. | |
Niccolo de Masi Board | Board Member | Director at Planet Labs, Genius Sports, Rush Street Interactive, dMY Technology Group VI, dMY Squared Technology Group | Niccolo de Masi has been on IonQ's Board since September 2021 and has extensive experience in SPACs and leadership roles at technology companies. | |
Robert Cardillo Board | Board Member | Chief Strategist at Planet Labs; Chairman of Planet Federal; Director at Seerist Federal, SynthetAIc | Robert Cardillo joined IonQ's Board in February 2024 and has a background in geospatial intelligence, including serving as Director of the NGA. | |
Wendy Thomas Board | Board Member | CEO of SecureWorks Corp. | Wendy Thomas joined IonQ's Board in December 2022 and is the CEO of SecureWorks, with extensive experience in cybersecurity and enterprise leadership. | |
William Scannell Board | Board Member | President of Global Sales & Customer Operations at Dell Technologies | William Scannell joined IonQ's Board in February 2024 and has extensive experience in global sales leadership at Dell Technologies. |
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Can you provide more clarity on how the Qubitekk acquisition will impact your operating expenses going forward, and how much incremental OpEx should we expect from integrating their team and technology?
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Given your recent expansion of partnerships and awards, as well as plans to grow your team, how should we think about your operating expenses in the coming quarters, and what measures are you taking to ensure efficient scaling?
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With a significant portion of your recent bookings coming from government contracts, can you quantify the near-term government spending opportunity at both national and international levels, and how do you plan to balance this with growing commercial revenues? ,
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Regarding your focus on quantum applications with partners like AstraZeneca and ANSYS, can you elaborate on how these applications differ from previous one-off projects, and how they will contribute to your revenue and commercialization strategy over time?
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Considering your substantial investments in R&D and the expectations for profitable growth and positive free cash flow, can you provide more details on your timeline for achieving these goals, and what milestones we should look for in the coming quarters?
Research analysts who have asked questions during IonQ earnings calls.
David Williams
The Benchmark Company
4 questions for IONQ
Shadi Mitwalli
Needham & Company
3 questions for IONQ
Alexander Platt
D.A. Davidson & Co.
2 questions for IONQ
Richard Shannon
Craig-Hallum Capital Group LLC
2 questions for IONQ
Tyler Anderson
Craig-Hallum Capital Group
2 questions for IONQ
Joseph Moore
Morgan Stanley
1 question for IONQ
Kevin Garrigan
WestPark Capital
1 question for IONQ
Quinn Bolton
Needham & Company, LLC
1 question for IONQ
Troy Jensen
Cantor Fitzgerald
1 question for IONQ
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Qubitekk, Inc. | 2024 | IonQ acquired substantially all assets and the team of Qubitekk, Inc. in a $22 million all-cash deal expected to close within six months, reinforcing its quantum networking strategy and expanding its technology portfolio with 118 patents and established telecommunications contracts. |
Entangled Networks | 2023 | IonQ acquired the assets of Toronto-based Entangled Networks for $1.0 million to enhance its quantum computing capabilities, leveraging the startup's expertise in optimizing algorithms for multi-core and multi-QPU systems and full-stack quantum compiler technologies. |
Recent press releases and 8-K filings for IONQ.
- IonQ is participating in Web Summit 2025, where Dr. Chris Ballance is scheduled to speak on November 13, 2025, about breakthroughs in quantum gate precision and their application in industries such as financial services, manufacturing, and biomedical research.
- In 2025, IonQ achieved a world record of 99.99% two-qubit gate fidelity, which is a crucial step towards developing fault-tolerant quantum systems and practical solutions.
- The company aims to deliver the world's fastest 2-million-qubit quantum computers by 2030.
- IonQ (NYSE: IONQ) will participate in the Web Summit 2025, with Dr. Chris Ballance, President of Quantum Computing, scheduled to speak on November 13, 2025, about real-world quantum applications.
- The company achieved a 99.99% two-qubit gate fidelity in 2025, setting a world record in quantum computer performance and advancing its roadmap towards fault-tolerant systems.
- This progress is expected to accelerate practical quantum solutions in industries such as financial services, manufacturing, and biomedical research.
- IonQ intends to launch quantum computers with 2 million qubits by 2030.
- IonQ will participate in Web Summit 2025, with Dr. Chris Ballance, President of Quantum Computing, scheduled to speak on November 13, 2025.
- The session will focus on IonQ's breakthroughs in quantum gate fidelity and its roadmap toward fault-tolerant systems, discussing how these advancements translate into real-world applications across industries like financial services, manufacturing, and biomedical research.
- IonQ achieved 99.99% two-qubit gate fidelity in 2025, which is highlighted as a critical step toward practical quantum solutions.
- The company aims to deliver quantum computers with 2 million qubits by 2030 to accelerate innovation in various sectors.
- IonQ and the University of Chicago have formed a strategic partnership to establish the IonQ Center for Engineering and Science, marking the first deployment of a production-grade quantum computer and entanglement distribution quantum network at a university.
- This collaboration aims to accelerate quantum research and commercialization across various scientific and technological fields, with the University of Chicago supporting researchers through a sponsored research program to generate intellectual property for IonQ's future commercial growth.
- IonQ filed a prospectus supplement on November 10, 2025, covering the resale of over 2 million shares by The University of Chicago, following a registration rights agreement signed on November 7, 2025.
- IonQ and the University of Chicago have signed an agreement to establish the IonQ Center for Engineering and Science on campus, which includes deploying a dedicated next-generation quantum computer and IonQ quantum network.
- This partnership marks the first time a production-grade quantum computer and entanglement distribution quantum network has been deployed to a university campus.
- The collaboration involves a major research initiative to accelerate novel quantum technology development by University of Chicago researchers, aiming to generate intellectual property that will drive IonQ's new products, capabilities, and long-term commercial growth.
- IonQ has successfully implemented the Geneva Quantum Network (GQN), which is the first city-wide quantum network in Geneva, Switzerland.
- This initiative is a public-private collaboration involving a consortium that includes CERN, Rolex SA, the Swiss Government, and various academic institutions.
- The GQN aims to promote research, collaboration, and innovation in cybersecurity and quantum communications.
- IonQ's involvement in this project highlights the value of its intellectual property and leadership in quantum cybersecurity and communications.
- IonQ, in collaboration with a Swiss consortium, has successfully established the Geneva Quantum Network (GQN), the first city-wide dedicated quantum network in Geneva, Switzerland.
- This public-private initiative includes key partners such as CERN, Rolex SA, the University of Geneva, and the Swiss government, aiming to advance research, collaboration, and innovation in quantum cybersecurity and communication.
- The GQN utilizes existing fiber optic infrastructure and incorporates IDQ's Quantum Key Distribution (QKD) systems and CERN's White Rabbit synchronization systems for high-precision time signals, with Rolex providing signals from its optical rubidium atomic clock.
- This project reinforces IonQ's strategy to integrate quantum computing, networking, and sensing to build scalable quantum infrastructure globally, highlighting its leadership in quantum cybersecurity and communication.
- IonQ, in collaboration with a Swiss consortium, has launched the Geneva Quantum Network (GQN), the first city-wide dedicated quantum network in Geneva, Switzerland.
- The consortium is a public-private initiative that includes CERN, Rolex SA, the Swiss government, and academic institutions.
- The GQN aims to advance research, collaboration, and innovation in quantum cybersecurity and communication.
- IonQ's Chairman and CEO, Niccolo de Masi, highlighted the company's intellectual property and leadership in quantum cybersecurity and communication through its involvement in the GQN.
- IonQ and a Swiss consortium have launched the Geneva Quantum Network (GQN), the first city-scale dedicated quantum network in Geneva, Switzerland.
- The public-private initiative involves key partners such as CERN, Rolex SA, the Swiss government, and academic institutions, aiming to advance cybersecurity and quantum communications.
- The GQN will provide world-class quantum infrastructure by leveraging existing fiber optic networks to connect partners and distribute ultra-precise time signals.
- This project is part of IonQ's broader strategy to integrate quantum computing, networking, and sensing to build a scalable global quantum infrastructure.
- IonQ reported Q3 2025 revenue of $39.9 million, representing 222% year-on-year growth and exceeding the high end of its guidance by 37%.
- For Q3 2025, the company posted an Adjusted EPS loss of $0.17 and an Adjusted EBITDA loss of $48.9 million.
- IonQ raised its full-year 2025 revenue guidance to $106 million - $110 million and reaffirmed its Adjusted EBITDA guidance of -$206 million to -$216 million.
- The company's pro forma cash balance reached $3.5 billion as of October 14, 2025, after a $2 billion capital raise.
- Significant technical milestones include the AQ64 Tempo system becoming operational ahead of schedule and achieving a world record 99.99% two-qubit gate fidelity.