SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Return to Sender
From: Julius Wong4/3/2025 7:45:27 PM
1 Recommendation   of 95422
 
IonQ in focus as DARPA picks it for quantum computing initiative

Apr. 03, 2025 11:36 AM ET
By: Chris Ciaccia, SA News Editor

  • IonQ (NYSE: IONQ) was in focus on Thursday as the U.S. Defense Advanced Research Projects Agency picked the College Park, M.D.-based company to work on a quantum computing initiative.
  • Shares fell more than 8.5%, as global markets tumbled on the back of President Trump's tariffs announcement.
  • IonQ will work on the first stage of DARPA's Quantum Benchmarking Initiative, which is designed to understand and develop when quantum computers can be used for conventional projections. "As a participant in the first stage of DARPA’s QBI, IonQ will play a critical role in defining what it means for a quantum computer to achieve utility-scale performance - which will be defined through DARPA’s review of use cases and problem sets that require large scale machines – while continuing to advance its own enterprise-grade quantum computing technologies," the company said in a statement.
  • “We are honored to be chosen for the first stage of this program under DARPA’s Quantum Benchmarking Initiative,” said IonQ President and CEO Niccolo de Masi. “While many companies in the quantum computing industry are focused on theoretical milestones, IonQ is focused on solving customers’ real-world problems today. Our participation in QBI allows us to both define the future of quantum computing and continue delivering commercially available quantum technologies now. We look forward to working closely with DARPA to push the boundaries of what’s possible in quantum technology.”
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News