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What it does
Uses charged atoms held by electromagnetic fields as qubits; sells cloud access (AWS, Azure, Google Cloud) and on-premise systems; bought quantum networking firms and Oxford Ionics.
- Ticker
- NYSE:IONQ
- Headquarters
- College Park, EUA
- Founded
- 2015
Evidence Radar
✓ Evidence
- Ion qubits have high fidelity.
- Available on the three largest clouds.
◷ Promises
- Fault-tolerant quantum computers with thousands of logical qubits by the end of the decade.
⚠ What could go wrong
- Revenue still small relative to valuation.
- Practical quantum advantage not yet shown on commercial problems.
- Dilution from share issuance.
Educational content. Not a recommendation to buy or sell any asset.