IonQ (NYSE: IONQ) at the moment introduced it has signed a $54.5 million contract with the USA Air Power Analysis Lab (AFRL).
The main focus of the AFRL partnership is to allow the scaling, networking and deployability of quantum techniques. The challenge is meant to advance quantum networking compatibility with current telecommunications infrastructure, interoperability with totally different quantum techniques and units, and deployability of techniques appropriate for numerous environments.
The contract shall be delivered over 4 years.
IonQ stated it has almost doubled income yearly since going public in 2021 and has .introduced $72.8 million in bookings year-to-date whereas anticipating to fulfill or exceed its bookings steerage of $75-95 million for the yr.
IonQ introduced final month that it was chosen by the Applied Research Laboratory for Intelligence and Security (ARLIS) for a quantum networking contract to design a first-of-its-kind, networked system for blind quantum computing.
As well as, IonQ introduced a multi-million-dollar extension of its contract with Amazon Web Services (AWS) to supply its quantum computer systems by way of Amazon Braket, the quantum computing service of AWS. The corporate additionally introduced a $9M deal with the College of Maryland to offer quantum computing entry. IonQ’s strategy addresses efficiency and scale whereas concurrently delivering enterprise-grade quantum options.
“We’re thrilled to be at a serious inflection level for the corporate and the business. No different publicly traded pure-play quantum computing firm has almost doubled income every year since going public, nor have they approached the $100M bookings mark so shortly,” stated Peter Chapman, President and CEO of IonQ.
“We’re happy to proceed our partnership with IonQ,” stated Michael Hayduk, Deputy Director of the Air Power Analysis Laboratory, Data Directorate. “Working with business companions, we are able to considerably advance the Division of Air Power’s efforts to combine quantum networks into future operations, bolstering our nationwide protection.”
“I’m proud to be the main voice in Congress to strengthen the partnership between IonQ and the Rome Air Power Analysis Lab which strengthens our AFRL-Rome, New York facility as the middle of gravity for quantum computing analysis inside the Division of Protection. This collaboration is bringing new quantum computing jobs to Rome, and the work executed there’ll make sure the U.S. stays the worldwide protection chief,” stated Congresswoman Elise Stafanik.
