IonQ

IonQ is a publicly traded quantum computing company that develops and commercializes trapped-ion quantum computers for enterprise and government applications. Founded in 2015 by Dr. Chris Monroe and Dr. Jungsang Kim based on three decades of academic research from the University of Maryland and Duke University, IonQ builds full-stack quantum systems available via cloud platforms including Amazon AWS Braket and Microsoft Azure Quantum. The company achieved 99.99% two-qubit gate fidelity — a world record — in 2025 and became the first pure-play quantum computing company to exceed $100 million in annual revenue. IonQ's roadmap targets two million qubits by 2030, with applications in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense.