IONQ

Quantum thesis

IonQ is the largest pure-play public bet on trapped-ion quantum computing. The company builds quantum processors that manipulate individual ytterbium ions with lasers, an approach prized for high gate fidelity and long coherence times. Revenue is still small and tied to government and cloud-marketplace contracts, but IonQ has become the most-traded ticker whenever quantum-computing headlines move retail flows.

Market cap history

About IonQ, Inc.

IonQ, Inc. engages in the development of general-purpose quantum computing systems. It sells access to quantum computers with 20 qubits. The company makes access to its quantum computers through cloud platforms, such as Amazon Web Services' (AWS) Amazon Braket, Microsoft's Azure Quantum, and Google's Cloud Marketplace, as well as through its cloud service. IonQ, Inc. was founded in 2015 and is headquartered in College Park, Maryland.