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Quantum Computer Maker IonQ Raises Additional Funds, Adds Four Members to Advisory Board

Quantum Computer Maker IonQ Raises Additional Funds, Adds Four Members to Advisory Board - top government contractors - best government contracting event
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Quantum Computer Maker IonQ Raises Additional Funds, Adds Four Members to Advisory Board - top government contractors - best government contracting event

College Park, Md.-based IonQ has raised additional funds as part of its Series B financing round to advance the development of its trapped-ion quantum computers and related hardware.

The new funding from Lockheed Martin, Cambium and Robert Bosch Venture Capital brings the total investment in IonQ to $84M, IonQ said Tuesday.

IonQ also announced the appointment of four new members to its advisory board to provide support for the company’s hardware design, algorithmic development and benchmarking efforts and initiatives related to trapped-ion atomic physics.

The company’s new advisory board members are:

  • David Wineland, Nobel laureate and Philip H. Knight Distinguished Research Chair at the University of Oregon’s department of physics
  • Kenneth Brown, associate professor at Duke University’s department of electrical and computer engineering
  • Margaret “Peg” Williams, former senior vice president of research and development at Cray
  • Umesh Vazirani, co-director of the Berkeley Quantum Computation Center and Roger A. Strauch professor of electrical engineering and computer sciences at the University of California, Berkeley
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Written by Jane Edwards

is a staff writer at Executive Mosaic, where she writes for ExecutiveBiz about IT modernization, cybersecurity, space procurement and industry leaders’ perspectives on government technology trends.

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