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IonQ Joins UMD Quantum Startup Foundry

By Maryland Today Staff

IonQ, a developer of quantum computing devices based in part on research at the University of Maryland, has become the newest member of UMD’s Quantum Startup Foundry (QSF). The collaboration builds upon a partnership and commitment between IonQ and UMD to accelerate cutting-edge quantum technologies and develop a thriving quantum ecosystem in the region.

The QSF offers both landing and launch spots for quantum companies, including a market accelerator that leverages UMD quantum centers, the Mid-Atlantic Quantum Alliance and other partnerships to connect companies with large government contractors for technology validation and potential customers.

“Welcoming IonQ into the QSF at the University of Maryland is just a natural fit, given the history between the two organizations and how well we work together,” said Julie Lenzer, QSF director and chief innovation officer at UMD.

In September, UMD and IonQ also established the new National Quantum Lab at Maryland (Q-Lab) with an investment of nearly $20 million from the university. Located at IonQ’s headquarters in UMD’s Discovery District, it will provide access to a commercial-grade quantum computer to UMD-affiliated students, researchers and partners across the country.

IonQ also recently received the 2021 Innovation Award from the Association of University Research Parks, given to the business or nonprofit institution located in a research park, science park or innovation district that has brought forward one or more proprietary products, processes or services that represent a technological breakthrough or have the potential for a significant positive impact on the economics, health or welfare of humanity.

"The world's most complex problems require the world's most innovative solutions—and that's what we set out to create with IonQ," said Peter Chapman, president and CEO. "We're honored to receive the Innovation Award as it marks another exciting milestone for our quantum community, and for our partnership with the University of Maryland, where College Park is truly emerging as the Silicon Valley of Quantum."

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