IonQ Celebrates World Quantum Day with New Quantum Advancements and Customer Collaborations

COLLEGE PARK, Md.--(BUSINESS WIRE)--Apr 10, 2025--

IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, will commemorate World Quantum Day on April 14 with international events in Japan and South Korea and an event at the New York Stock Exchange (NYSE), recognizing a year of the company’s significant technological milestones and business growth.

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World Quantum Day is an annual global celebration that promotes awareness and recognition of quantum sciences. Now in its fourth year, this observance brings together researchers, educators and industry innovators to spotlight the growing impact of quantum technologies on society.

Celebrating World Quantum Day Globally

On April 14, IonQ CEO, Niccolo de Masi, will ring the closing bell at the NYSE in New York City, bringing together IonQ application scientists, company customers, partners and collaborators to highlight quantum’s acceleration across key industries.

Simultaneously, IonQ Executive Chairman, Peter Chapman, will lead a delegation in Japan and will continue on to South Korea later in the week. Both visits serve to underscore IonQ’s growing presence in Asia, and reinforce the company’s commitment to advancing quantum computing globally.

A Year of Quantum Milestones

“As we observe World Quantum Day, we’re excited about the growth of our quantum computing and networking business and the number of applications we are working on that showcase superior results when combining our quantum computers with classical high performance computing,” said Niccolo de Masi, President and CEO, IonQ. “Over the past year, we exceeded the high end of our bookings guidance range and grew our global presence with the delivery of IonQ Forte Enterprise in Switzerland and through new partnerships around the world. These efforts are pushing the boundaries of what's possible and paving the way for new quantum applications that solve real-world problems.”

IonQ’s notable achievements over the past year reflect continued progress against its technical roadmap and strategic business goals, including:

These developments reinforce IonQ's leadership in enterprise-grade quantum systems for real-world applications.

To learn more about IonQ’s latest innovations, visit www.ionq.com.

About IonQ

IonQ, Inc. is a leader in the quantum computing and networking industries, delivering high-performance systems aimed at 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, Forbes’ 2025 Most Successful Mid-Cap Companies list, and Built In’s 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. 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 words “accessible,” “acceleration,” “advancing,” “aimed,” “available,” “breakthrough,” “cutting-edge,” “delivering,” “expected,” “grow,” “growing,” “growth,” “increase,” “innovative,” “intention,” “impactful,” “latest,” “leader,” “making,” “paving,” “pushing,” “solve,” “solving,” “superior,” and other similar expressions are intended to identify forward-looking statements. These statements include those related to the IonQ’s quantum computing capabilities and plans; IonQ’s technology driving commercial quantum advantage or delivering scalable, fault-tolerant quantum computing in the future; the future impacts of IonQ’s offerings available today; and the scalability, fidelity, efficiency, viability, accessibility, relevance, effectiveness, importance, reliability, performance, speed, impact, practicality, feasibility, and commercial-readiness of IonQ’s 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: IonQ’s ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ’s ability to deliver, and customers’ ability to generate, value from IonQ’s offerings; IonQ’s ability to deliver higher speed fidelity gates with fewer errors, enhance information transfer and network accuracy, or reduce noise and errors; IonQ’s ability to sell effectively to government entities and large enterprises; changes in laws and regulations affecting IonQ’s and its suppliers’ businesses; IonQ’s ability to implement its business plans, forecasts, roadmaps and other expectations, to identify and realize partnerships and opportunities, and to engage new and existing customers around the world; IonQ’s ability to effectively enter new markets; IonQ’s ability to deliver services and products within currently anticipated timelines; IonQ’s inability to effectively integrate its acquisitions of Qubitekk, Inc. assets and close its acquisition of a majority interest in ID Quantique, SA; IonQ’s customers deciding or declining to extend contracts into new phases; the inability of IonQ’s suppliers to deliver components that meet expectations timely; changes in U.S. government spending or policy that may affect IonQ’s customers; and risks associated with U.S. government sales, including availability of funding and provisions that allow the government to unilaterally terminate or modify contracts for convenience; changes in laws and regulations affecting IonQ’s patents; and 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 filings with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K and reports on Form 10-Q. 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.

IonQ leaders and partners ring bell in observance of World Quantum Day 2024

WASHINGTON (AP) — President Donald Trump's 2026 budget plan would slash non-defense domestic spending by $163 billion while increasing expenditures on national security, according to White House statements Friday.

The plan shows a desire to crack down on diversity programs and initiatives to address climate change. But it doesn't include details about what Trump wants on income taxes, tariffs, entitlement programs or the budget deficit — a sign of the challenge confronting the president when he's promising to cut taxes and repay the federal debt without doing major damage to economic growth.

Budgets do not become law but serve as a touchstone for the upcoming fiscal year debates. Often considered a statement of values, this first budget since Trump's return to the White House carries the added weight of defining the Republican president's second-term pursuits, alongside his party in Congress.

House Speaker Mike Johnson, R-La., said the plan showed fiscal discipline given the problems of persistently high budget deficits. The budget released on Friday did not, in fact, include a forecast on government borrowing.

“President Trump’s plan ensures every federal taxpayer dollar spent is used to serve the American people, not a bloated bureaucracy or partisan pet projects,” Johnson said.

Sen. Patty Murray, D-Wash., said the cuts could ultimately be more extreme than what the administration has proposed, noting that the budget doesn't provide funding levels for programs such as Head Start.

“President Trump has made his priorities clear as day: he wants to outright defund programs that help working Americans while he shovels massive tax breaks at billionaires like himself and raises taxes on middle-class Americans with his reckless tariffs," Murray said.

The budget seeks to cut discretionary spending by a total of 7.6% next year, but includes a 13% increase in national security spending.

The State Department and international programs would lose 84% of their money and receive $9.6 billion, a cut that reflects the existing efforts by adviser Elon Musk’s Department of Government Efficiency.

The Housing and Urban Development Department would get a $33.6 billion cut, while the Health and Human Service Department would receive $33.3 trillion less and the Education Department's spending would be reduced by $12 billion.

The Defense Department would get an additional $113.3 billion and Homeland Security would receive $42.3 billion more.

The IRS and FBI would lose money, while the Low Income Home Energy Assistance Program would be ended. There would be $980 million less for college students in work-study programs, as well as similarly sized cuts for adult education and instruction for learning English.

The Centers for Disease Control and Prevention would lose nearly $3.6 billion under the plan, while the National Institutes of Health would face a steep cut of almost $18 billion. The budget would eliminate more than $15 billion for infrastructure-related programs tied to climate change and $1.3 billion from the National Oceanic and Atmospheric Administration.

The White House budget plan arrives as Trump has unilaterally imposed what could hundreds of billions of dollars in tax increases in the form of tariffs, setting off a trade war that has consumers, CEOs and foreign leaders worried about a possible economic downturn.

The White House's Office of Management and Budget, headed by Russell Vought, a chief architect of Project 2025, provided contours of a so-called skinny version of topline numbers only regarding discretionary spending. Administration officials said a fuller budget will come soon with plans to address the drivers of the annual deficit.

The nation's estimated $7 trillion-plus federal budget has been growing steadily, with annual deficits fast approaching $2 trillion and the annual interest payments on the debt almost $1 trillion. That's thanks mostly to the spike in emergency COVID-19 pandemic spending, changes in the tax code that reduced revenues and the climbing costs of Medicare, Medicaid and other programs, largely to cover the nation's health needs as people age. The nation's debt load, at $36 trillion, is ballooning.

Democrats are prepared to assail Trump's budget as further evidence that the Republican administration is intent on gutting government programs that Americans depend on.

Congress is already deep into the slog of drafting of Trump's big bill of tax breaks, spending cuts and bolstered funds for the administration's mass deportation effort — a package that, unlike the budget plan, would carry the force of law.

But deep differences remain among the Republicans, who are trying to pass that big bill over the objections of Democrats.

"We are awaiting some final calculations on a few of the tax components, and we expect to be able to complete that work on a very aggressive schedule,” Johnson said.

It's Congress, under its constitutional powers, that decides the spending plans, approves the bills that authorize federal programs and funds them through the appropriations process. Often, that system breaks down, forcing lawmakers to pass stopgap spending bills to keep the government funded and avoid federal shutdowns.

Vought is also expected on Capitol Hill in the weeks ahead as the Trump administration presses its case to Congress for funds.

Among the more skilled conservative budget hands in Washington, Vought has charted a career toward this moment. He served during the first Trump administration in the same role and, for Project 2025, wrote an extensive chapter about the remaking of the federal government.

Vought has separately been preparing a $9 billion package that would gut current 2025 funding for the U.S. Agency for International Development and the Corporation for Public Broadcasting, which involves the Public Broadcasting Service and National Public Radio. Trump signed an executive order late Thursday that instructs the Corporation for Public Broadcasting and federal agencies to cease funding for PBS and NPR.

Vought has said that package of so-called budget rescissions would be a first of potentially more, as the Trump administration tests the appetite in Congress for lawmakers to go on record and vote to roll back the money.

House Speaker Mike Johnson, R-La., speaks as President Donald Trump, right, listens during a National Day of Prayer event in the Rose Garden of the White House, Thursday, May 1, 2025, in Washington. (AP Photo/Evan Vucci)

Senate Minority Leader Chuck Schumer, of N.Y., second from right, and House Minority Leader Hakeem Jeffries, of N.Y., right, arrive with other House and Senate Democrats for an event to mark 100 days of President Donald Trump's term on the steps of the Senate on Capitol Hill, Wednesday, April 30, 2025, in Washington. (AP Photo/Mark Schiefelbein)

FILE - President Donald Trump listens as acting director of the Office of Management and Budget Russ Vought speaks during an event on "transparency in Federal guidance and enforcement" in the Roosevelt Room of the White House, Oct. 9, 2019, in Washington. (AP Photo/Evan Vucci, File)