New York Stock Exchange Showcases IonQ Technology in First Ever Recognition of a Quantum Company
College Park, MD, December 12, 2024 -- IonQ, a leader in the quantum computing and networking industry, is honored to announce the display of its ion trap—the foundational technology behind its quantum computers—in the lobby of the New York Stock Exchange (NYSE). This showcase recognizes IonQ’s position as a technological pioneer, quantum leader, and the only quantum computing company highlighted at the world’s largest stock exchange.
IonQ’s ion trap, the brain of the company’s advanced quantum computers, uses precisely positioned ions as the foundational building blocks of its quantum approaches. These ions are trapped in a vacuum using electric fields and enable high-fidelity quantum operations. Trapped ion technology is a key advantage in progressing IonQ’s mission to build the world’s best quantum computers to tackle the most complex problems.
“Having our technology featured at the New York Stock Exchange is a testament to IonQ’s innovation, growth, and position in today’s technology market,” said Peter Chapman, President and CEO of IonQ. “This display reflects not only the potential of quantum computing, but also IonQ’s achievements in taking the technology out of the laboratory and into real-world commercial applications, as the first pure-play quantum computing company to go public in the US.”
The display will remain at the NYSE for six months, during which time it will be viewed by the thousands of entrepreneurs, investors, and global leaders who visit the exchange. The chip’s presence highlights IonQ’s milestones, including the company’s founding in 2015, its public listing debut on October 1, 2021, and its continued progress in advancing quantum computing technology.
The NYSE’s decision to spotlight IonQ aligns with the exchange’s commitment to innovation, as it recognizes companies that shape the future of industries. “As a public company listed alongside numerous global leaders, we are inspired to continue our trajectory of high growth and industry leadership,” added Chapman.
IonQ’s momentum was reinforced by its Q3 2024 financial results, with the company exceeding market expectations, doubling its year-over-year revenue for the quarter, and securing significant contracts, including a $54.5 million agreement with the U.S. Air Force Research Lab. IonQ’s strategic partnerships and achievements in quantum networking and applications further differentiate the company in the market.