IonQ Advances in DARPA Quantum Benchmarking Initiative, Shares Rise
IonQ has secured its position in Stage B of DARPA's Quantum Benchmarking Initiative, a pivotal U.S. defense project aimed at defining progress in quantum computing. Following Stage A's foundational work, the company will now develop a detailed roadmap through 2033, outlining hardware targets and performance goals.
The market responded positively, with IONQ shares climbing 3.20% to close at $59.27. This momentum aligns with IonQ's ambitious target of delivering a utility-scale system by 2030, featuring 2 million physical qubits and 80,000 logical qubits.
Notably, IonQ's quantum hardware already enjoys cloud accessibility through Amazon Web Services, Microsoft Azure, and Google Cloud—providing a critical testing advantage in this high-stakes race for quantum supremacy.
