IonQ Named a 'Market Shaper' in Gartner's First Quantum Computing Market Report

At a glance

Quantum computer maker IonQ was named a 'Market Shaper' in Gartner's quantum computing market evaluation. Gartner based the rating on whether a company can reliably supply and support advanced quantum systems in real commercial settings.

Key points

1. 1

   Gartner placed IonQ in the Market Shaper category in its first Emerging Market Quadrant report for quantum computing, released on the 10th.

2. 2

   IonQ is building a full-stack quantum platform that combines hardware and software.

3. 3

   IonQ entered Stage C, the final stage of DARPA's Quantum Benchmarking Initiative, with a potential contract value of up to $300 million, which does not mean the full amount is secured.

4. 4

   IonQ secured $7.5 million in follow-on funding from the US Air Force Research Laboratory.

Why it matters

Quantum computers are still close to the research stage, so an assessment of which companies can actually deliver systems to customers is useful for both investors and buyers.

Also reported by

• The Quantum InsiderGartner Names IonQ a Market Shaper in Quantum Computing