IonQ Inc is a pioneering company in the field of quantum computing, focused on developing cutting-edge quantum hardware and software solutions. The company aims to revolutionize computation by harnessing the principles of quantum mechanics, providing businesses and researchers with access to advanced quantum systems that can solve complex problems at unprecedented speeds. IonQ's technology has applications across various sectors, including artificial intelligence, optimization, and materials science, positioning itself as a leader in the rapidly evolving landscape of quantum information technology. Through strategic partnerships and a commitment to innovation, IonQ is striving to make quantum computing accessible and practical for diverse industries. Read More
IonQ (NYSE: IONQ), the leader in the quantum computing and networking industries, with research support from the Air Force Research Lab (AFRL), today announced a significant technological advancement in its pursuit of scalable quantum networks. IonQ successfully demonstrated the frequency conversion of photons from visible wavelengths used to interface with trapped barium ions, into telecom wavelengths on a prototype system. This critical milestone paves the way for interconnecting quantum computers over vast distances using the current existing fiber optic infrastructure.
Shares of quantum computing company IonQ (NYSE:IONQ) jumped 3.1% in the afternoon session after B. Riley Securities raised its price target on the stock to $100 from $75 and maintained its 'Buy' rating.
Shares of Quantum Computing Inc. (NASDAQ: QUBT) fell 9.88% following the company's completion of an oversubscribed private placement, raising a substantial $500 million.
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Shares of quantum computing company IonQ (NYSE:IONQ) jumped 5.7% in the morning session after the stock's positive momentum continued as the company announced a major partnership with the U.S. Department of Energy and revealed a deal to acquire quantum sensing firm Vector Atomic.