Market News / Story
IonQ Advances to Final Stage of DARPA’s Quantum Benchmarking Initiative
BusinessWire ·
BusinessWire reports: IonQ ( ), the world’s leading full-stack quantum platform and foundry, has advanced to Stage C of the Defense Advanced Research Projects Agency’s Quantum Benchmarking Initiative (QBI). IonQ and DARPA have signed a Stage C agreement with a potential value of up to $300 million to continue validating IonQ’s approach to delivering large-scale fault-tolerant quantum computers. Funding beyond the initial obligation remains subject to future appropriations and DARPA funding…