(BusinessWire) Airbus Ventures congratulates IonQ, Inc. on its prospective milestone merger with dMY Technology Group, Inc. III. With this merger, IonQ will become the world’s first publicly traded pure-play hardware and software company in the quantum computing space.
Based on 25 years of pioneering research, IonQ’s unique trapped-ion approach combines superior computing performance, precise qubit replication, optical networkability, and highly-optimized algorithms to create quantum computers that are scalable and powerful, and that will support a broad array of applications.
“Airbus Ventures is delighted to continue to support and be part of this important next chapter for IonQ,” affirmed Thomas d’Halluin, Airbus Ventures Managing Partner. “As IonQ scales the power of its quantum computing systems, we’re on the brink of solving intricately complex challenges beyond the current capabilities of even the world’s most powerful supercomputers. This presents critical opportunities for industrial sectors including commercial aerospace and green energy production, and importantly, for tackling the global challenges of sustainability.”
By 2023, IonQ plans to develop modular quantum computers small enough to be networked together, which could pave the way for broad quantum advantage by 2025.