IonQ Announces Second Cohort of Research Credit Program to Support Pioneering Trapped Ion Quantum Research
- After a successful first cohort, IonQ Research Credits Program announces second class, with applications due November 16, 2021.
- Program focuses on projects accelerating innovation in quantum computing applications.
- Accepted applicants get access to IonQ's industry leading hardware, free of charge.
- Current projects span topics from protein folding dynamics to error correction to benchmarking.
IonQ, Inc. ("IonQ"), a leading developer of quantum computing devices, today announced the launch of the second cohort of the IonQ Research Credits Program to provide teams and individuals from qualified academic institutions with free credits to build novel quantum algorithms on IonQ's cutting-edge hardware. The opening of the second cohort comes on the tail of overwhelming demand in the first cohort of IonQ's Research Credits Program this June.
"We are thrilled with the worldwide interest from the academic community to access our state-of-the-art quantum computing hardware," said Peter Chapman, CEO & President of IonQ. "We made the decision to open a second cohort of the Research Credits Program after seeing the caliber of scientists in the first batch and the promising quantum applications they have already started to deliver using our quantum systems."
The IonQ Research Credits program offers academics worldwide up to $10,000 in credit for use on IonQ's trapped ion quantum computers. The first cohort included research teams from all over the world, including institutions like MIT, University College of London, University of Cambridge and University of Southern California, all showing a great interest in IonQ quantum computing.
"We are delighted with the creativity of the projects in our first cohort and with the speed at which labs around the world are engaging with our IonQ team and hardware," said Dr. Jungsang Kim, Co-founder and CTO of IonQ. "We look forward to continuing these exciting projects and broadening the reach of our Research Credits Program with our second cohort."
Participants in the Research Credits Program add to the efforts of IonQ's team of dedicated application engineers to optimize their algorithms for IonQ's industry-leading hardware, which helps to accelerate the pace of innovation in quantum algorithms.
The Research Credits Program is open to all graduate students, faculty, and post-doctoral researchers from accredited academic institutions in any country that IonQ or one of its cloud partners (Amazon Web Services, Microsoft Azure, and Google Cloud Platform) serves. The complete call for proposals with eligibility details and other frequently asked questions can be found on IonQ's website, and interested teams can apply via the program's application form. Applications will be reviewed on a rolling basis, with the current deadline being Tuesday, November 16th, 2021.
The IonQ Research Credits Program is another step forward in the company's mission to expand access to quantum computing and catalyze practical applications on top of IonQ's industry-leading hardware. IonQ's 11-qubit system is the first and only quantum computer available via the cloud on Amazon Braket, Microsoft Azure, and Google Cloud and its next-generation system is one of the world's most powerful quantum computers. IonQ is playing a critical role in pulling the quantum computing industry forward. Its plans to develop modular quantum computers small enough to be networked together could pave the way for broad quantum advantage by 2025.
About IonQ, Inc.
IonQ, Inc. is a leader in quantum computing, with a proven track record of innovation and deployment. IonQ's next-generation quantum computer is the world's most powerful trapped-ion quantum computer, and IonQ has defined what it believes is the best path forward to scale. IonQ is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud, as well as through direct API access. IonQ was founded in 2015 by Christopher Monroe and Jungsang Kim based on 25 years of pioneering research. To learn more, visit www.ionq.com.
About dMY Technology Group, Inc. III
dMY III is a special purpose acquisition company founded by Harry L. You and Niccolo de Masi for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets.
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This communication may be deemed solicitation material in respect of the proposed business combination between dMY III and IonQ (the "Business Combination"). The Business Combination has been submitted to the stockholders of dMY III and IonQ for their approval. In connection with the vote of dMY's stockholders, dMY III Technology Group, Inc. III has filed relevant materials with the SEC, including a registration statement on Form S-4, which includes a proxy statement/prospectus. This communication does not contain all the information that should be considered concerning the proposed Business Combination and the other matters to be voted upon at the annual meeting and is not intended to provide the basis for any investment decision or any other decision in respect of such matters. dMY III's stockholders and other interested parties are urged to read the definitive proxy statement, dated August 12, 2021 and any other relevant documents that are filed or furnished or will be filed or will be furnished with the SEC carefully and in their entirety in connection with dMY III's solicitation of proxies for the special meeting to be held to approve the Business Combination and other related matters, as these materials will contain important information about IonQ and dMY III and the proposed Business Combination. On or about August 12, 2021, dMY III mailed the definitive proxy statement/prospectus and a proxy card to each stockholder entitled to vote at the special meeting relating to the transaction. Such stockholders are also be able to obtain copies of these materials, without charge at the SEC's website at http://www.sec.gov, at the Company's website at https://www.dmytechnology.com/ or by written request to dMY Technology Group, Inc. III, 11100 Santa Monica Blvd., Suite 2000, Los Angeles, CA 90025.
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This communication is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities, assets or the business described herein or a commitment to the Company or the IonQ with respect to any of the foregoing, and this communication shall not form the basis of any contract, nor is it a solicitation of any vote, consent, or approval in any jurisdiction pursuant to or in connection with the Business Combination or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.
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dMY III and IonQ, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of dMY III's stockholders in respect of the Business Combination. Information about the directors and executive officers of dMY III is set forth in the Company's Form dMY III's filings with the SEC. Information about the directors and executive officers of IonQ and more detailed information regarding the identity of all potential participants, and their direct and indirect interests by security holdings or otherwise, are set forth in the definitive proxy statement/prospectus for the Business Combination. Additional information regarding the identity of all potential participants in the solicitation of proxies to dMY III's stockholders in connection with the proposed Business Combination and other matters to be voted upon at the special meeting, and their direct and indirect interests, by security holdings or otherwise, are included in the definitive proxy statement/prospectus.
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