IonQ Honored in 2023 Deloitte Technology Fast 500™ List of the Fastest-Growing Companies in North America
09 November 2023 - 12:00AM
Business Wire
IonQ ranks 32nd overall in its first appearance
in the prestigious list of North American companies
IonQ (NYSE: IONQ), an industry leader in quantum computing,
today announced it has been recognized as one of the 500
fastest-growing tech companies in North America for 2023. Now in
its 29th year, the annual list regularly includes technology
companies across media, telecommunications, life sciences, fintech,
and energy. Appearing in the list for the first time, IonQ ranked
32nd after reporting revenue growth of 5,466% from 2019 to
2022.
“It is humbling to see IonQ included in this year’s Technology
Fast 500 list, representing the significant business growth of our
company – and the broader quantum industry – that we’ve experienced
in recent years,” said Peter Chapman, President and CEO of IonQ.
“IonQ has established itself as a global leader in quantum through
its innovative research and technology, partnerships with global
enterprises and government agencies, and depth of talent. We are
well on the path towards achieving scalable commercial quantum
advantage in the next few years, and are excited by initial
indicators of how quantum technology can reshape the world we live
in.”
Since going public in late 2021, IonQ has emerged as one of the
frontrunners in today’s quantum race by outperforming many
similarly sized quantum companies with its high-performance
systems. Global companies like Hyundai Motor Company, Airbus, and
GE Research are using IonQ’s quantum computers to tackle some of
the most complex challenges in their respective industries,
including object detection, cargo loading, and risk mitigation.
IonQ's inclusion in this year’s Technology Fast 500 list is the
latest achievement for the company in recent months. In October,
IonQ announced it had achieved 29 algorithmic qubits (#AQ) on a
barium platform, signaling a key milestone in the company’s journey
towards developing systems capable of commercial quantum advantage.
Additionally, IonQ unveiled plans for two future quantum systems
this summer – IonQ Forte Enterprise with #AQ 35 and IonQ Tempo with
#AQ 64 – introducing the company’s first rack-mounted quantum
computers capable of integrating within today’s data center
environments.
To learn more about how you can get started on an IonQ system
today, please contact us at: https://ionq.com/get-access.
About the 2023 Deloitte Technology Fast 500
Now in its 29th year, the Deloitte Technology Fast 500 provides
a ranking of the fastest-growing technology, media,
telecommunications, life sciences, fintech, and energy tech
companies — both public and private — in North America. Technology
Fast 500 award winners are selected based on percentage fiscal year
revenue growth from 2019 to 2022.
In order to be eligible for Technology Fast 500 recognition,
companies must own proprietary intellectual property or technology
that is sold to customers in products that contribute to a majority
of the company’s operating revenues. Companies must have base-year
operating revenues of at least US$50,000, and current-year
operating revenues of at least US$5 million. Additionally,
companies must be in business for a minimum of four years and be
headquartered within North America.
About IonQ
IonQ, Inc. is a leader in quantum computing, with a proven track
record of innovation and deployment. IonQ’s current generation
quantum computer, IonQ Forte, is the latest in a line of
cutting-edge systems, boasting an industry-leading 29 algorithmic
qubits. Along with record performance, IonQ has defined what it
believes is the best path forward to scale. IonQ is the only
company with its quantum systems available through the cloud on
Amazon Braket, Microsoft Azure, and Google Cloud, as well as
through direct API access.
IonQ Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Some of the forward-looking statements can be identified
by the use of forward-looking words. Statements that are not
historical in nature, including the words “anticipate,” “expect,”
“suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,”
“projects,” “should,” “could,” “would,” “may,” “will,” “forecast”
and other similar expressions are intended to identify
forward-looking statements. These statements include those related
to IonQ’s technology driving commercial advantage in the future,
IonQ’s position in the quantum computing industry and increases in
algorithmic qubit achievement. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this press release, including but not
limited to: changes in the competitive industries in which IonQ
operates, including development of competing technologies; changes
in laws and regulations affecting IonQ’s business; IonQ’s ability
to implement its business plans, forecasts and other expectations,
identify and realize partnerships and opportunities, and to engage
new and existing customers. You should carefully consider the
foregoing factors and the other risks and uncertainties disclosed
in the Company’s filings, including but not limited to those
described in the “Risk Factors” section of IonQ’s most recent
Quarterly Report on Form 10-Q and other documents filed by IonQ
from time to time with the Securities and Exchange Commission.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and IonQ assumes no obligation and does not intend to
update or revise these forward-looking statements, whether as a
result of new information, future events, or otherwise. IonQ does
not give any assurance that it will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20231108272182/en/
IonQ Media contact: Tyler Ogoshi press@ionq.com
IonQ Investor Contact: investors@ionq.com
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