UQ
Universal Quantum builds utility-scale trapped-ion quantum computers, developing modular systems and core technologies like the iQPU to scale to a million qubits.
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IonQ
IonQ commercializes trapped ion quantum computing systems for applications in drug discovery, finance, logistics, and cybersecurity, with offices in 10 countries.
IonQ is a publicly traded company listed on the NYSE since 2021, focused on commercializing trapped ion quantum computing technology. Founded in 2015, the company develops quantum systems designed to solve problems that are intractable for classical computers. Its commercial systems have achieved a world-record 99.99% two-qubit gate fidelity.
The company's technical work spans quantum computing, quantum networking, quantum sensing, and quantum security. IonQ has set a roadmap target of reaching 2 million qubits by 2030. Its technology is aimed at applications across drug discovery, materials science, financial modeling, logistics, cybersecurity, and national defense.
IonQ maintains a global presence with offices in 10 countries.
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