IonQ to Present EV Research Results, Latest Quantum System Availability for Hyundai Motor Company and Airbus at Q2B 2022
06 Dezember 2022 - 02:00PM
Business Wire
- IonQ executives to lead sessions on quantum
system testing with Hyundai Motor Company and Accenture
- Session will also include updates on the
availability of IonQ’s Forte system, advancements in quantum
machine learning
IonQ (NYSE: IONQ), an industry leader in quantum computing,
today announced that its scientific leadership team will be
presenting results from its advanced battery chemistry model
project with Hyundai Motor Company at the Q2B conference in Santa
Clara, CA, December 6-8, 2022. The results showcase the advantages
of quantum computing in studying lithium compounds involved in
next-generation electric vehicle battery chemical reactions, and
how quantum is an effective tool for chemistry simulation. The full
research paper is available to view on arXiv at
https://arxiv.org/abs/2212.02482. Additionally, IonQ will be
providing an update on its separate machine learning and image
recognition project with Hyundai Motor Company, as well as
announcing IonQ Forte’s availability for Hyundai Motor Company and
Airbus.
On Wednesday, December 7, Senior Staff Scientist Sonika Johri
and Technical Director of Partnerships, Nicole Barberis, will be
presenting a session, titled: “Quantum Computing for the Future
Automotive Industry: Image Recognition and Battery Chemistry with
IonQ.” The two will provide an overview of IonQ’s ongoing
technology and quantum algorithm innovations with Hyundai in the
areas of lithium batteries and computer vision, before diving into
the application advances and hardware results that illustrate the
anticipated quantum advantage in these areas. These
forward-thinking investments are key parts of Hyundai’s strategy to
build mobility solutions for a future which is smart and
sustainable.
At the conference, IonQ is also announcing the availability of
IonQ Forte for Hyundai and Airbus, where the system will see use in
Hyundai’s chemistry research and machine learning work, as well as
in Airbus’ cargo loading optimization project announced this fall.
IonQ Forte features 32 all-to-all connected perfect qubits and
enables quantum algorithms to be tested at much larger scales,
paving the way for more realistic modeling of real-world quantum
applications in multiple industries. With all-to-all connectivity
between qubits, quantum application developers can write more
efficient quantum programs. For more information on IonQ Forte,
please visit: https://ionq.com/quantum-systems/forte.
In a separate session on Tuesday, December 6, IonQ Senior
Quantum Applications Researcher Luning Zhao and Accenture Global
Quantum Computing Lead Carl Dukatz will provide an update on the
work between IonQ and Accenture to accelerate quantum computing
business experimentation in organizations globally and across
industries. The two speakers will highlight quantum’s value in
addressing PFAS pollution around the globe, offering potential new
solutions for environmental remediation through quantum simulation
of molecular bonds.
The sessions follow closely on the heels of IonQ’s presentations
at Quantum World Congress, another major industry event, where
co-founder and Chief Scientist Chris Monroe presented two sessions
on the role of quantum for the U.S. government and its importance
to America’s national security and global technology leadership.
IonQ also recently announced a $13.4 million contract with the U.S.
Air Force Research Lab to provide them with access to trapped ion
systems for quantum computing hardware research and development.
For more information on IonQ’s federal and commercial partnerships,
visit the company’s booth #G6 at Q2B.
For all other business information, please refer to the Q3 2022
financial results announced on November 14, 2022.
About IonQ
IonQ, Inc. is a leader in quantum computing, with a proven track
record of innovation and deployment. IonQ’s current generation
quantum computer, IonQ Forte, is the latest in a line of
cutting-edge systems, including IonQ Aria, a system that boasts
industry-leading 25 algorithmic qubits. Along with record
performance, IonQ has defined what it believes is the best path
forward to scale.
IonQ is the only company with its quantum systems available
through the cloud on Amazon Braket, Microsoft Azure, and Google
Cloud, as well as through direct API access. IonQ was founded in
2015 by Dr. Christopher Monroe and Dr. Jungsang Kim based on 25
years of pioneering research. To learn more, visit
www.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 “anticipate,” “expect,”
“suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,”
“projects,” “should,” “could,” “would,” “may,” “will,” “forecast”
and other similar expressions are intended to identify
forward-looking statements. These statements include those related
to the Company’s ability to further develop and advance its quantum
computers and achieve scale, including by continuing to improve its
algorithmic qubits at the same pace or at all; the potential
benefits of quantum computing and IonQ’s collaborations and
partnerships, including its new partnerships with Hyundai and
Airbus and its contract with the AFRL; the success or outcome of
new contracts entered into with IonQ customers; and IonQ’s market
opportunity, anticipated growth, and future financial performance,
including management’s financial outlook for the fourth quarter and
full year 2022. 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:
market adoption of quantum computing solutions and the Company’s
products, services and solutions; the ability of the Company to
protect its intellectual property; changes in the competitive
industries in which the Company operates; changes in laws and
regulations affecting the Company’s business; the Company’s ability
to implement its business plans, forecasts and other expectations,
and identify and realize additional partnerships and opportunities;
and the risk of downturns in the market and the technology industry
including, but not limited to, as a result of the COVID-19 pandemic
and/or increased inflationary pressures. The foregoing list of
factors is not exhaustive. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the “Risk Factors” section of IonQ’s Quarterly Report on Form
10-Q for the quarter ended September 30, 2022 and other documents
filed by the Company 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 the Company
assumes no obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. The Company does not give any
assurance that it will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20221206005321/en/
IonQ Media contact: Tyler Ogoshi press@ionq.com
IonQ Investor Contact: investors@ionq.com
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