IonQ advances to final stage of DARPA's Quantum Benchmarking Initiative, worth up to $300 million

IonQ advanced to Stage C of DARPA's Quantum Benchmarking Initiative. Under this stage IonQ will deliver multiple generations of its Superion systems for DARPA's independent testing of its hardware and software against its roadmap. The potential value is up to $300 million, and stage funding beyond the initial obligation depends on future appropriations. The stage runs through 2029.

• Advanced to Stage C, the final stage of DARPA's Quantum Benchmarking Initiative
• Potential value up to $300 million; later funding depends on appropriations
• Stage C runs through 2029