IonQ lands largest quantum contract award with Air Force Research Lab

College Park-based quantum computing company IonQ Friday announced it has signed a $54.5 million contract with the United States Air Force Research Lab (AFRL). With a quarter remaining in the fiscal year, IonQ has announced $72.8 million in bookings year-to-date and reiterated its confidence in meeting or exceeding its bookings guidance of $75 million to $95 million for the year. Governments, businesses and academia are investing in quantum computing to tackle complex, multibillion-dollar problems in areas such as health care, finance and chemistry.