IonQ Honored in 2023 Deloitte Technology Fast 500 List of the Fastest-Growing Companies in North America

COLLEGE PARK, Md.–(BUSINESS WIRE)–IonQ (NYSE: IONQ), an industry leader in quantum computing, today announced it has been recognized as one of the 500 fastest-growing tech companies in North America for 2023. Now in its 29th year, the annual list regularly includes technology companies across media, telecommunications, life sciences, fintech, and energy. Appearing in the list for the first time, IonQ ranked 32nd after reporting revenue growth of 5,466% from 2019 to 2022. 

“It is humbling to see IonQ included in this year’s Technology Fast 500 list, representing the significant business growth of our company – and the broader quantum industry – that we’ve experienced in recent years,” said Peter Chapman, President and CEO of IonQ. “IonQ has established itself as a global leader in quantum through its innovative research and technology, partnerships with global enterprises and government agencies, and depth of talent. We are well on the path towards achieving scalable commercial quantum advantage in the next few years, and are excited by initial indicators of how quantum technology can reshape the world we live in.”

Since going public in late 2021, IonQ has emerged as one of the frontrunners in today’s quantum race by outperforming many similarly sized quantum companies with its high-performance systems. Global companies like Hyundai Motor Company, Airbus, and GE Research are using IonQ’s quantum computers to tackle some of the most complex challenges in their respective industries, including object detection, cargo loading, and risk mitigation.

IonQ’s inclusion in this year’s Technology Fast 500 list is the latest achievement for the company in recent months. In October, IonQ announced it had achieved 29 algorithmic qubits (#AQ) on a barium platform, signaling a key milestone in the company’s journey towards developing systems capable of commercial quantum advantage. Additionally, IonQ unveiled plans for two future quantum systems this summer – IonQ Forte Enterprise with #AQ 35 and IonQ Tempo with #AQ 64 – introducing the company’s first rack-mounted quantum computers capable of integrating within today’s data center environments.

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About the 2023 Deloitte Technology Fast 500

Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

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, boasting an industry-leading 29 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.