{"id":690665,"date":"2022-09-30T08:14:44","date_gmt":"2022-09-30T12:14:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/"},"modified":"2022-09-30T08:14:44","modified_gmt":"2022-09-30T12:14:44","slug":"ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/","title":{"rendered":"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><b>$13.4 million agreement for ion trap quantum computing marks the latest development in U.S. government-sponsored quantum research<\/b><\/li>\n<\/ul>\n<p>COLLEGE PARK, Md.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nIonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has secured a $13.4 million contract to supply the U.S. Air Force Research Lab (AFRL) with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications.\n<\/p>\n<p>\nQuantum computing, systems and applications have the potential to help the U.S. Air Force protect both public and private infrastructure in the United States. The AFRL-IonQ agreement, which marks IonQ\u2019s latest commercialization milestone, represents a significant public-private partnership to invest in quantum computing.\n<\/p>\n<p>\n&#8220;Trapped ion systems and their performance demonstrated by high algorithmic qubits (AQ) have some very unique properties making them one of the leading technologies in the development of quantum computing and networking capabilities,&#8221; said Michael Hayduk, Deputy Director of the Information Directorate at the Air Force Research Lab. &#8220;This contract solidifies AFRL&#8217;s long-term strategic focus in quantum information science. The partnership will accelerate critical quantum science and technology projects, benefiting the Air Force as we seek to maintain our competitive advantage and advance our national security interests.&#8221;\n<\/p>\n<p>\nIn 2021, the U.S. House introduced the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.congress.gov%2Fbill%2F117th-congress%2Fhouse-bill%2F7535&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=Quantum+Cybersecurity+Preparedness+Act&amp;index=1&amp;md5=b2da802666916487baafaeb6f67d620e\">Quantum Cybersecurity Preparedness Act<\/a>, signaling fresh focus on the need for U.S. investment in quantum\u2013both to protect against quantum-powered attacks from foreign actors and to develop quantum computing strength on the domestic front. In May 2022, the Biden-Harris administration <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.whitehouse.gov%2Fbriefing-room%2Fstatements-releases%2F2022%2F05%2F04%2Ffact-sheet-president-biden-announces-two-presidential-directives-advancing-quantum-technologies%2F&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=announced+directives&amp;index=2&amp;md5=eca76c22b53c658e57de04a79567b671\">announced directives<\/a> to support U.S. leadership in quantum computing, and in September, the National Security Administration (NSA) shared guidance on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nsa.gov%2FPress-Room%2FNews-Highlights%2FArticle%2FArticle%2F3148990%2Fnsa-releases-future-quantum-resistant-qr-algorithm-requirements-for-national-se%2F&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=importance+of+cybersecurity+readiness&amp;index=3&amp;md5=d9151b560b958afa0c7bc795065bf30c\">importance of cybersecurity readiness<\/a> against would-be adversaries developing quantum systems.\n<\/p>\n<p>\n\u201cQuantum computing is the key that we believe will unlock unforeseen efficiencies and strength in the development and deployment of U.S. defense technologies,\u201d said IonQ CEO Peter Chapman. \u201cThis area of research holds incredibly exciting promise, and we\u2019re proud to be among the first to partner with the AFRL to further American leadership in this important space.\u201d\n<\/p>\n<p>\nIonQ\u2019s work with the AFRL continues its momentum of commercial and scientific accomplishments, which over the past 12 months alone include research and commercial relationships with <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fionq.com%2Fnews%2Faugust-18-2022-ionq-2022-airbus&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=Airbus&amp;index=4&amp;md5=4ab548c1b7ea630e6b521cd404ce9f5c\">Airbus<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fionq.com%2Fnews%2Fjune-23-2022-ionq-ge-research-risk-aggregation&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=GE+Research&amp;index=5&amp;md5=9cc34fb123178dc33cc6a23936939c2a\">GE Research<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.bloomberg.com%2Fpress-releases%2F2021-09-21%2Fgoldman-sachs-qc-ware-and-ionq-demonstrate-quantum-algorithms-proof-of-concept-that-could-revolutionize-financial-services&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=Goldman+Sachs&amp;index=6&amp;md5=ef464f6f14b835b6ed2f7c171b471912\">Goldman Sachs<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fmoorinsights%2F2022%2F02%2F09%2Fcan-quantum-battery-research-extend-electric-vehicle-range-ionq-and-hyundai-intend-to-find-out%2F%3Fsh%3Ddec17dd2c369&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=Hyundai&amp;index=7&amp;md5=31d99d6f464a530d3d137a235f40b0b2\">Hyundai<\/a> and others. The company also recently <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.ionq.com%2Fnews%2Fnews-details%2F2022%2FIonQ-Aria-Available-Today-on-Azure-Quantum-Platform%2Fdefault.aspx&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=announced&amp;index=8&amp;md5=76a168ca82c0543ebbd324e831fc214e\">announced<\/a> that its industry-leading IonQ Aria system is publicly available on Microsoft Azure Quantum, providing developers, researchers, engineers, and industry leaders from around the world with access to quantum via the cloud.\n<\/p>\n<p>\nThis agreement with AFRL was included in the previously identified late-stage opportunity in IonQ\u2019s booking forecast that was at risk of closing in 2022. In conjunction with this new contract win, IonQ is reaffirming its previous financial outlook as stated in its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestors.ionq.com%2Ffinancials%2Fquarterly-results%2Fdefault.aspx&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=latest+earnings+call+from+August+15%2C+2022&amp;index=9&amp;md5=c4cf0b8d0c797ef1665ba1896d4e4a77\">latest earnings call from August 15, 2022<\/a>.\n<\/p>\n<p><b>About IonQ<\/b><\/p>\n<p>\nIonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ&#8217;s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, including IonQ Aria, a system that boasts industry-leading 23 algorithmic qubits. Along with record performance, IonQ has defined what it believes is the best path forward to scale. IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct access through IonQ. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ionq.com&amp;esheet=52931545&amp;newsitemid=20220930005128&amp;lan=en-US&amp;anchor=www.ionq.com&amp;index=10&amp;md5=62d44a45cd0f65a628cb595df991f160\">www.ionq.com<\/a>.\n<\/p>\n<p><b>IonQ Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words \u201canticipate,\u201d \u201cexpect,\u201d \u201csuggests,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cestimates,\u201d \u201ctargets,\u201d \u201cprojects,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cforecast\u201d and other similar expressions are intended to identify forward-looking statements. These statements include those related to quantum computing\u2019s impact on the development and deployment of U.S. defense technologies; and IonQ\u2019s future financial performance, including management\u2019s financial outlook for the third quarter and full year 2022. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: market adoption of quantum computing solutions and IonQ\u2019s products, services and solutions; the ability of IonQ to protect its intellectual property; changes in the competitive industries in which IonQ operates; changes in laws and regulations affecting IonQ\u2019s business; IonQ\u2019s ability to implement its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry including, but not limited to, as a result of the COVID-19 pandemic. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of IonQ\u2019s Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and other documents filed by IonQ from time to time with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and IonQ assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. IonQ does not give any assurance that it will achieve its expectations. Unless otherwise indicated, the content of the third-party websites and publications accessed through the hyperlinks included in this press release does not constitute a portion of this press release and is included as textual reference only.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220930005128r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220930005128\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220930005128\/en\/<\/a><\/span><\/p>\n<p>\nIonQ Media contact:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@ionq.com\">press@ionq.com<\/a><\/p>\n<p>\nIonQ Investor Contact:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@ionq.com\">investors@ionq.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America United States Ireland United Kingdom Europe Maryland<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless Military Apps\/Applications Artificial Intelligence Defense Other Technology Software Contracts Internet Hardware Data Management Security Government Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220930005128\/en\/1587927\/3\/ionq_logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab $13.4 million agreement for ion trap quantum computing marks the latest development in U.S. government-sponsored quantum research COLLEGE PARK, Md.&#8211;(BUSINESS WIRE)&#8211; IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has secured a $13.4 million contract to supply the U.S. Air Force Research Lab (AFRL) with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications. Quantum computing, systems and applications have the potential to help the U.S. Air Force protect both public and private infrastructure in the United States. The AFRL-IonQ agreement, which marks IonQ\u2019s latest commercialization milestone, represents a significant &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690665","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab $13.4 million agreement for ion trap quantum computing marks the latest development in U.S. government-sponsored quantum research COLLEGE PARK, Md.&#8211;(BUSINESS WIRE)&#8211; IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has secured a $13.4 million contract to supply the U.S. Air Force Research Lab (AFRL) with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications. Quantum computing, systems and applications have the potential to help the U.S. Air Force protect both public and private infrastructure in the United States. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/","og_locale":"en_US","og_type":"article","og_title":"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab - Market Newsdesk","og_description":"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab $13.4 million agreement for ion trap quantum computing marks the latest development in U.S. government-sponsored quantum research COLLEGE PARK, Md.&#8211;(BUSINESS WIRE)&#8211; IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced that it has secured a $13.4 million contract to supply the U.S. Air Force Research Lab (AFRL) with access to its trapped ion systems for quantum computing hardware research and for the development of quantum algorithms and applications. Quantum computing, systems and applications have the potential to help the U.S. Air Force protect both public and private infrastructure in the United States. The AFRL-IonQ agreement, which marks IonQ\u2019s latest commercialization milestone, represents a significant &hellip; Continue reading \"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-30T12:14:44+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220930005128r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab","datePublished":"2022-09-30T12:14:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/"},"wordCount":1098,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220930005128r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-secures-contract-to-provide-quantum-solutions-to-united-states-air-force-research-lab\/","name":"IonQ Secures Contract to Provide Quantum Solutions to United States Air Force Research Lab - 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