IonQ advances to DARPA QBI Stage C under deal up to $300M
IonQ said it advanced to Stage C of DARPA’s Quantum Benchmarking Initiative and signed a Stage C agreement valued up to $300M, with additional funding beyond the initial obligation dependent on future appropriations and DARPA actions.
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09:51:59 PM UTC
SquawkNews
IONQ IonQ: Advances to Final Stage of DARPA Quantum Benchmarking Initiative Under Agreement Worth Up to $300M ⠀ · Stage C moves IonQ into DARPA's independent verification and validation of multiple generations of its Superion quantum systems through 2029. · DARPA will test IonQ's hardware and software against its roadmap for large-scale fault-tolerant quantum computing. · Funding beyond the initial obligation remains subject to future appropriations and DARPA funding actions.