Quantum Computing Innovation: IonQ's Ion Trap On Display At NYSE

IonQ, Inc. IONQ shares are trading higher on Thursday.

IonQ has announced the display of its ion trap technology—the foundation of its quantum computers—at the New York Stock Exchange (NYSE).

This display is a significant recognition of IonQ’s position in the quantum computing space and is the only quantum computing company featured at the NYSE, the world’s largest stock exchange.

Peter Chapman, President and CEO of IonQ, expressed pride in the achievement, stating that the display reflects both the potential of quantum computing and the company’s ability to bring quantum technology from the laboratory into real-world applications. As the first pure-play quantum computing company to go public in the U.S., IonQ is solidifying its role as a technological pioneer.

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The ion trap display will remain at the NYSE for six months, allowing thousands of entrepreneurs, investors, and global leaders who visit the exchange to view the cutting-edge technology. This showcases IonQ’s continuous growth and innovation.

IonQ has made significant strides in recent years, including securing a $54.5 million contract with the U.S. Air Force Research Lab and forging a partnership with the South Korean government to advance the global quantum market.

The company had partnered with Zapata Computing and leveraged Nvidia’s CUDA-Q platform to test large language models on its quantum systems.

Investors can gain exposure to the stock via Main Thematic Innovation ETF TMAT. According to Benzinga Pro, the stock has gained over 40% in the past month.

Price Action: IONQ shares are trading higher by 9.72% to $32.73 at last check Thursday.

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