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IonQ and the University of Cambridge Announce Landmark Agreement to Establish Innovation Centre for Quantum Technology Commercialization

MWN-AI** Summary

IonQ (NYSE: IONQ), a leading quantum computing company, has formed a significant partnership with the University of Cambridge to launch the IonQ Quantum Innovation Centre. This initiative aims to expedite the commercialization of quantum research, broaden IonQ’s intellectual property portfolio, and reinforce its engagement within the UK’s quantum ecosystem. A key aspect of this collaboration involves the deployment of IonQ's advanced 256-qubit system on the Cambridge campus, enabling access to IonQ’s quantum cloud resources for research development in areas like quantum computing, networking, sensing, and security.

Niccolo de Masi, Chairman and CEO of IonQ, emphasized the historic nature of this agreement, stating that it serves to strengthen the connection between academic research and commercial viability. The collaboration is expected to generate considerable innovation and patents, aligning academic incentives with industry outcomes, and thereby contributing to the UK’s commitment to advancing scalable quantum technologies.

Professor Deborah Prentice, Vice-Chancellor of the University of Cambridge, noted that this landmark agreement marks a first for a UK university and signifies an important step towards the UK’s computing future. The IonQ Quantum Innovation Centre will facilitate collaborative research, talent development, and industry engagement, aiming to cultivate the next generation of leaders in quantum science.

This partnership aligns with the UK's broader strategy to promote quantum innovation and commercialization, complementing existing initiatives like the UK National Quantum Technologies Programme. The initiative reinforces Cambridge's status as a crucial player in the quantum landscape, particularly in networking research, and aims to create a structured pathway for translating fundamental research into real-world applications across various sectors.

MWN-AI** Analysis

IonQ's recent partnership with the University of Cambridge marks a significant milestone in the quantum technology sector, establishing the IonQ Quantum Innovation Centre. This collaboration aims to foster innovation in quantum computing, networking, sensing, and security, and positions IonQ (NYSE: IONQ) proactively within the UK’s growing quantum ecosystem.

For investors, the immediate implications of this collaboration are noteworthy. The deployment of IonQ's advanced 256-qubit system at Cambridge underscores the company's commitment to research-driven commercialization. The partnership not only expands IonQ's intellectual property portfolio but also strengthens its cloud-based quantum service offerings, potentially increasing revenues through a broadened customer base, including academia and industry.

Given the UK government’s active investment in quantum technologies, including initiatives like the National Quantum Technology Programme, IonQ's strategic investment aligns well with public funding efforts. This collaboration could unlock new revenue streams, particularly if IonQ continues to build on its current partnerships with major names like Amazon Web Services and AstraZeneca. The University of Cambridge’s rich history in physics and quantum research positions it as a prime partner to amplify potential breakthroughs that might translate into market-ready applications.

However, investors should remain cautious. Quantum technology is still in its nascent stages, bearing inherent risks as companies face the challenge of translating academic research into commercially viable products. With IonQ describing its endeavor as a pathway for leveraging foundational research into market applications, success hinges on effective execution and ongoing innovation.

In conclusion, while IonQ's partnership with Cambridge offers promising growth potential, investors should monitor implementation outcomes closely. A balanced approach to risk assessment and long-term perspective is critical when considering investment in this rapidly evolving sector.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Partnership expands IonQ’s UK presence, accelerates IP generation, brings IonQ’s world-class quantum networking capabilities, and its forthcoming 256-qubit system to Cambridge as well as its quantum sensing and quantum security capabilities

IonQ (NYSE: IONQ), the leading quantum company, today announced a landmark agreement with the University of Cambridge to establish the IonQ Quantum Innovation Centre. The collaboration is designed to accelerate quantum research commercialization, expand IonQ’s intellectual property portfolio, and deepen the company’s commitment to the United Kingdom’s quantum ecosystem.

As part of the initiative, the parties intend to deploy IonQ’s 6th-generation, chip-based, 256-qubit system on campus and provide access to IonQ’s quantum cloud, supporting advanced research and workforce development across quantum computing, networking, sensing, and security. The partnership will generate significant innovation and intellectual property to be shared under established licensing terms. The structure of the agreement is designed to align academic research incentives with commercial outcomes and long-term industry impact.

“This historic agreement with Cambridge deepens IonQ’s commitment to the United Kingdom and accelerates our technology platform with novel research at one of the world’s most storied physics powerhouses,” said Niccolo de Masi, Chairman and CEO of IonQ. “By establishing the IonQ Quantum Innovation Centre, we are strengthening the bridge between academic discovery and commercial quantum advantage. We believe this partnership will contribute meaningfully to the UK’s commitment to advancing scalable quantum computing, networking, sensing, and security.”

“We’re proud that Cambridge is at the heart of the UK’s next computing revolution,” said Professor Deborah Prentice, Vice-Chancellor of the University of Cambridge. “This new and ambitious partnership is the first of its kind for a UK university. It’s not just a new facility for Cambridge — it’s one for the whole of the UK, and it will develop not only exciting new technologies but also the UK’s next generation of leaders in quantum science.”

The collaboration also aligns with the United Kingdom’s broader strategy to accelerate quantum innovation and commercialization. The initiative complements national efforts such as the UK National Quantum Technologies Programme, the National Quantum Computing Centre (NQCC), and commercialization initiatives supported by Innovate UK, which aim to translate academic breakthroughs into commercial technologies. The University of Cambridge also plays a central role in the country’s quantum ecosystem, participating in four of the UK’s five national quantum technology hubs that connect leading universities, industry partners, and government laboratories. Cambridge has further emerged as a leader in quantum networking research, including development of a large-scale fiber-based testbed linking Bristol and Cambridge—one of the longest experimental quantum communication networks in the United Kingdom.

Cambridge’s Cavendish Laboratory—associated with 36 physicists who won Nobel Prizes in that field, of the University's 126 Nobel Prize laureates—remains one of the world’s leading centers for physics research. Its legendary innovators include James Clerk Maxwell who was the first Cavendish Professor of Physics 1 and first to prove that light, electricity, and magnetism work together as "electromagnetic waves 2 ;” as well as Ernest Rutherford who discovered the architecture of the atom 3 and is widely regarded as the "Father of Nuclear Physics 4 ."

The new IonQ quantum center is expected to support collaborative research programs, academic engagement, talent development initiatives and industry-facing events, while creating a structured pathway for translating foundational research into commercial applications.

Research areas include quantum hardware for computing, networking, sensing, and security, and quantum applications for chemistry, materials science, optimization, security, and advanced communication protocols – all areas aligned with IonQ’s roadmap of critical quantum technologies.

About IonQ

IonQ, Inc . [NYSE: IONQ] is the world’s leading quantum platform and merchant supplier - delivering integrated quantum solutions across computing, networking, sensing, and security. IonQ’s newest generation of quantum computers, the forthcoming IonQ Tempo, will be the latest in a line of cutting-edge systems that have been helping customers and partners including Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results and accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. In 2025, the company achieved 99.99% two-qubit gate fidelity, setting a world record in quantum computing performance .

Headquartered in College Park, Maryland, IonQ has operations in California, Colorado, Massachusetts, Tennessee, Washington, Italy, South Korea, Sweden, Switzerland, Toronto, and the United Kingdom. Our quantum computing services are available through all major cloud providers, while we also meet the needs of networking and sensing customers across land, sea, air, and space. IonQ is making quantum platforms more accessible and impactful than ever before. Learn more at IonQ.com .

Note to Investors Regarding Forward-Looking Statements

This press release contains forward-looking statements. All statements contained in this press release other than statements of historical fact are forward-looking statements, including statements regarding the future of the Company's and Cambridge's partnership, including the products and services to be provided and the technology, innovation, intellectual property and leaders to be developed thereunder and its contributions to the UK's quantum commitment, and the activities to be supported by the IonQ quantum center. In some cases, you can identify these statements by forward-looking words such as “pending,” “look forward,” “accelerate,” “anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,” “estimate,” “target,” “project,” “should,” “could,” “would,” “may,” “will,” “forecast,” “confident,” “position” and other similar expressions. These statements are only predictions based on our expectations and projections about future events as of the date of this press release and are subject to a number of risks, uncertainties and assumptions that may prove incorrect, any of which could cause actual results to differ materially from those expressed or implied by such statements, including, among others, those described under the heading “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission. New risks emerge from time to time, and it is not possible for our management to predict all risks, nor can management assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement we make. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. Except as otherwise required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

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1 https://nationalmaglab.org/magnet-academy/history-of-electricity-magnetism/pioneers/james-clerk-maxwell/

2 https://faculty.wcas.northwestern.edu/infocom/Ideas/electric.html

3 https://www.ebsco.com/research-starters/history/ernest-rutherford

4 https://www.motat.nz/collections-and-stories/stories/sir-ernest-rutherford-the-father-of-nuclear-physics/#:~:text=Home%20%2F%20Collections%20%26%20Stories%20%2F%20Stories,The%20Father%20of%20Nuclear%20Physics

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310254303/en/

IonQ Media contacts:
Cheryl Krauss
cheryl.krauss@ionq.co

Tor Constantino
tor.constantino@ionq.co

IonQ Investor Contact:
investors@ionq.co

FAQ**

How does IonQ Inc. IONQ plan to leverage its partnership with the University of Cambridge to enhance its intellectual property portfolio and commercialization strategies within the quantum technology sector?

IonQ Inc. plans to leverage its partnership with the University of Cambridge by collaborating on advanced quantum research and innovation, thereby enhancing its intellectual property portfolio and commercialization strategies to strengthen its position in the quantum technology sector.

What specific advancements in quantum networking and sensing does IonQ Inc. IONQ aim to achieve through the establishment of the IonQ Quantum Innovation Centre at Cambridge?

IonQ Inc. aims to advance quantum networking and sensing technologies by leveraging the IonQ Quantum Innovation Centre in Cambridge to foster collaboration, enhance research capabilities, and accelerate the development of innovative quantum solutions.

In what ways does IonQ Inc. IONQ anticipate its 256-qubit system will impact future research and innovations in quantum computing at the University of Cambridge and beyond?

IonQ Inc. anticipates its 256-qubit system will accelerate breakthroughs in quantum algorithms, materials science, and complex problem solving, fostering collaborative research at the University of Cambridge and beyond to enhance computational capabilities and drive innovation.

How does IonQ Inc. IONQ's investment in the UK quantum ecosystem align with broader national initiatives, such as the National Quantum Technologies Programme, to drive commercialization and technological development?

IonQ Inc.'s investment in the UK quantum ecosystem complements national initiatives like the National Quantum Technologies Programme by fostering collaboration, innovation, and commercialization efforts, thereby enhancing the UK's competitive position in the global quantum technology landscape.

**MWN-AI FAQ is based on asking OpenAI questions about IonQ Inc. (NYSE: IONQ).

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