{"id":799478,"date":"2025-01-10T07:49:00","date_gmt":"2025-01-10T12:49:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-ceo-on-timeline-to-quantum-value\/"},"modified":"2025-01-10T07:49:00","modified_gmt":"2025-01-10T12:49:00","slug":"ionq-ceo-on-timeline-to-quantum-value","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-ceo-on-timeline-to-quantum-value\/","title":{"rendered":"IonQ CEO on Timeline to Quantum Value"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }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 CEO on Timeline to Quantum Value<\/b><\/p>\n<p>COLLEGE PARK, Md.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe following is a statement from Peter Chapman, Chairman and CEO of IonQ (NYSE: IONQ):<\/p>\n<p>\nToday\u2019s classical computing hardware is limited by computational capacity and power requirements in ways that will likely prohibit society from ever being able to solve some of its most pressing problems.<\/p>\n<p>\nIonQ\u2019s current #AQ 36 Forte Enterprise systems are already providing insight to solutions for customers today, and our upcoming #AQ 64 Tempo systems in 2025 and next-generation #AQ 256 systems will enable us to tackle increasingly complex problems to deliver near-term business value. One of the areas facing the most significant potential disruption is strong AI, where we believe natively quantum AI will outperform classical AI.<\/p>\n<p>\nPrudent leaders invest in things that have the potential for near-term returns. By the end of 2023, global quantum investment had reached $50 billion.* Companies like Amazon, Google, NVIDIA, IBM, and Microsoft are investing and hiring in the quantum compute area today.<\/p>\n<p>\nThe world depends on secure communications from financial services to military applications. IonQ is a leader in quantum networking, which we believe is as significant a market as quantum computing.<\/p>\n<p>\nIonQ also has a history of delivering upon its technical and commercial milestones.<\/p>\n<p>\nWe anticipate that 2024 results will be at the high end of our bookings and revenue guidance and are extremely excited about 2025.<\/p>\n<p>\nWe believe that IonQ will be profitable, with sales approaching $1 billion, by 2030.<\/p>\n<p>\n* McKinsey, Third Annual Quantum Technology Monitor 2024 Overview, April 24, 2024<\/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 \u201coffers,\u201d and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ\u2019s position in the quantum networking sector; the expected progress of IonQ\u2019s systems development; advancement of quantum computing and quantum networking technology; the Company\u2019s future financial and operating performance, including our preliminary outlook and guidance; IonQ\u2019s quantum computing capabilities and plans; future deliveries of and access to IonQ\u2019s quantum computers and services; and the scalability and reliability of IonQ\u2019s quantum computing offerings. 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: changes in the competitive industries in which IonQ operates, including development of competing technologies; our ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ\u2019s and its suppliers\u2019 businesses; IonQ\u2019s ability to implement its business plans, forecasts, and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers; its inability to effectively enter new markets; IonQ\u2019s ability to deliver services and products within currently anticipated timelines; its inability to attract and retain key personnel; IonQ\u2019s customers deciding or declining to extend contracts into new phases; the inability of its suppliers to deliver components that meet expectations timely; changes in U.S. government spending or policy that may affect IonQ\u2019s customers; changes to U.S. government goals and metrics of success with regard to implementation of quantum computing and quantum networking; and risks associated with U.S. government sales, including availability of funding and provisions that allow the government to unilaterally terminate or modify contracts for convenience. You should carefully consider the foregoing factors and the other risks and uncertainties disclosed in the Company\u2019s filings, including but not limited to those described in the \u201cRisk Factors&#8221; section of IonQ\u2019s most recent Quarterly Report on Form 10-Q 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.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250110462219r1&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\/20250110462219\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250110462219\/en\/<\/a><\/span><\/p>\n<p><b>IonQ Media contact:<br \/>\n<\/b><br \/>Jane Mazur<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@ionq.co\">press@ionq.co<\/a><\/p>\n<p><b>IonQ Investor Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investors@ionq.co\">investors@ionq.co<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Maryland United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Contracts Semiconductor Security Software Networks Internet Hardware Defense Artificial Intelligence<\/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\/20250110462219\/en\/1956987\/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 CEO on Timeline to Quantum Value COLLEGE PARK, Md.&#8211;(BUSINESS WIRE)&#8211; The following is a statement from Peter Chapman, Chairman and CEO of IonQ (NYSE: IONQ): Today\u2019s classical computing hardware is limited by computational capacity and power requirements in ways that will likely prohibit society from ever being able to solve some of its most pressing problems. IonQ\u2019s current #AQ 36 Forte Enterprise systems are already providing insight to solutions for customers today, and our upcoming #AQ 64 Tempo systems in 2025 and next-generation #AQ 256 systems will enable us to tackle increasingly complex problems to deliver near-term business value. One of the areas facing the most significant potential disruption is strong AI, where we believe natively quantum AI will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ionq-ceo-on-timeline-to-quantum-value\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IonQ CEO on Timeline to Quantum Value&#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-799478","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 CEO on Timeline to Quantum Value - 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-ceo-on-timeline-to-quantum-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IonQ CEO on Timeline to Quantum Value - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"IonQ CEO on Timeline to Quantum Value COLLEGE PARK, Md.&#8211;(BUSINESS WIRE)&#8211; The following is a statement from Peter Chapman, Chairman and CEO of IonQ (NYSE: IONQ): Today\u2019s classical computing hardware is limited by computational capacity and power requirements in ways that will likely prohibit society from ever being able to solve some of its most pressing problems. IonQ\u2019s current #AQ 36 Forte Enterprise systems are already providing insight to solutions for customers today, and our upcoming #AQ 64 Tempo systems in 2025 and next-generation #AQ 256 systems will enable us to tackle increasingly complex problems to deliver near-term business value. 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