Home / Business and Economy / IonQ Surges 457% in a Year, Aims to Become the 'NVIDIA of Quantum Computing'
IonQ Surges 457% in a Year, Aims to Become the 'NVIDIA of Quantum Computing'
21 Aug
Summary
- IonQ's shares skyrocketed 457.9% in the past year
- IonQ aims to position itself as the NVIDIA of quantum computing
- IonQ has secured contracts from the U.S. Air Force Research Lab
In the past year, IonQ, Inc.'s shares have surged an impressive 457.9%, driven by the company's significant advancements in quantum computing. As of August 21, 2025, IonQ has positioned itself as a key player in the quantum computing space, offering its customers quantum systems through platforms like Microsoft Azure, Amazon Web Services, and Google Cloud.
Now, IonQ is aiming to become the 'NVIDIA of quantum computing.' The company has been preparing its trapped-ion quantum computers for seamless integration into real-world applications, and it has acquired several companies, including Qubitekk, ID Quantique, and Lightsynq Technologies, to enhance its presence in the quantum field. Additionally, IonQ has secured contracts from the U.S. Air Force Research Lab, which is expected to drive significant growth for the company in the next two years.
IonQ's revenues have increased significantly since its initial public offering in 2021. The company is projecting revenues between $82 million and $100 million this year, a significant increase from the $43.1 million reported in 2024. In the second quarter of 2025, IonQ reported revenues of $20.7 million, up from $11.4 million in the same period last year, and it anticipates third-quarter revenues of $25 million, nearly double the previous year's figures. This revenue growth indicates that IonQ's acquisition strategy is effective and its business model is solid.
