Innovative, noise-tolerant quantum algorithm
reduces the number of two-qubit gates needed by over 85 percent,
speeding up solutions for complex optimization problems.
IonQ (NYSE: IONQ), a leader in the quantum computing and
networking industry, announced a technological breakthrough that
demonstrates a new approach to scalable quantum computing,
resulting from a collaboration with Oak Ridge National Laboratory
(ORNL).
The collaboration combined IonQ’s high-performing,
enterprise-grade trapped-ion technology with ORNL’s world-class
quantum technologies expertise to develop a novel hybrid quantum
algorithm based on the Quantum Imaginary Time Evolution principle
(QITE). This noise-tolerant method enables near-optimal and optimal
solutions for complex combinatorial optimization problems on IonQ's
commercially available hardware. The results showed that QITE can
significantly outperform other quantum optimization algorithms such
as QAOA (Quantum Approximate Optimization Algorithm) in both
time-to-solution and circuit depth, paving the way for tackling
large optimization problems on near-term quantum computers. By
using this hybrid quantum algorithm, IonQ and ORNL were able to
reduce the number of two-qubit gates by over 85% for a 28 qubit
problem compared to a QAOA solution, improving over the state of
the art. The hybrid quantum algorithm was proved out on IonQ’s Aria
and Forte systems which were used inside the optimization loop,
paving the way for scaling to larger problem sizes.
Optimization is one of the most anticipated applications for
quantum computers, due to a wealth of applications in both industry
and scientific discovery. IonQ and ORNL’s breakthrough method has
practical applications across various industries, including energy
grid optimization, unit commitment, contingency planning, financial
risk management and fraud detection, improving logistics and supply
chain efficiency, advancing drug discovery and optimizing clinical
trials in healthcare and pharmaceuticals, and enhancing production
efficiency in manufacturing and operations.
“This work is an important step forward in scaling quantum
computing systems for practical commercial applications,” said Dr.
Martin Roetteler, Senior Director, Quantum Solutions at IonQ.
“Working with ORNL, we’ve shown how our technology can have a
direct business impact by reducing cost, time and computational
resources, and we’re excited about the potential this has for
industries ranging from logistics to energy systems, finance and
life sciences.”
“This collaboration is part of the lab’s ongoing efforts in
advancing quantum optimization. The development of quantum
imaginary time evolution-based methods demonstrates our commitment
to leveraging near-term quantum computers for real-world,
industrial challenges. We’re excited about testing quantum
computers to benefit the nation,” said Dr. Travis Humble, Director,
Quantum Science Center at Oak Ridge National Laboratory.
To learn more about IonQ’s latest innovations and more details
on this novel hybrid quantum algorithm, visit www.ionq.com.
About IonQ
IonQ, Inc. is a leader in the quantum computing and networking
industry, delivering high-performance systems capable of solving
the world’s largest and most complex commercial and research use
cases. IonQ’s current generation quantum computers, IonQ Forte and
IonQ Forte Enterprise, are the latest in a line of cutting-edge
systems, boasting 36 algorithmic qubits. The company’s innovative
technology and rapid growth were recognized in Newsweek’s 2025
Excellence Index 1000 and Forbes’ 2025 Most Successful Mid-Cap
Companies list. Available through all major cloud providers, IonQ
is making quantum computing more accessible and impactful than ever
before. Learn more at IonQ.com.
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 terms “advancing,”
“anticipated,” “benefit,” “breakthrough,” “can,” “collaboration,”
“commitment,” “critical,” “develop,” “development,” “discovery,”
“enables,” “encouraged,” “extend,” “impact,” “improving,” “laying
the groundwork,” “leveraging,” “new approach,” “optimization,”
“outperform,” “paving the way,” “potential,” “ranging,” “reducing,”
“scalable,” “scaling,” “solutions,” “step forward,” “tackling,”
“testing,” and other similar expressions are intended to identify
forward-looking statements. These statements include those related
to IonQ’s quantum computing capabilities and plans, the accuracy
and efficiency of quantum algorithms run on IonQ’s quantum
computers, the success and capabilities available as the result of
the of the IonQ and ORNL partnership, the capabilities of Aria and
Forte systems, the ability for third parties to implement IonQ’s
offerings to increase their quantum computing capabilities, access
to IonQ’s quantum computers, the problems that can be solved by
IonQ’s quantum computers, the ability to test and execute quantum
algorithms on IonQ’s quantum computers, the opportunity to test and
optimize novel quantum-enhanced algorithms for computational
challenges on IonQ’s quantum computers, and the scalability of
IonQ’s quantum computing offerings. 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 laws and regulations affecting IonQ’s
business; IonQ’s ability to scale its business and manage its
growth to meet customer and market demands; IonQ’s ability to
implement its business plans, forecasts and other expectations,
identify and realize partnerships and opportunities; market
adoption of quantum computing solutions and IonQ’s products,
services and solutions; current or future IonQ products and
technology, and the expected benefits of current or future IonQ
products and technology; or IonQ’s ability to maintain or obtain
patent protection for its products and technology, including with
sufficient breadth to provide a competitive advantage. 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. IonQ may or may not choose to practice or
otherwise use the inventions described in the issued patents in the
future.
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version on businesswire.com: https://www.businesswire.com/news/home/20241230276852/en/
IonQ Media Contact: Jane Mazur press@ionq.co
IonQ Investor Contact: investors@ionq.co
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