State of Maryland, University of Maryland Announce $1 Billion “Capital of Quantum” Initiative

COLLEGE PARK, Md.–(BUSINESS WIRE)–Jan 14, 2025–

IonQ (NYSE: IONQ), a leader in the quantum computing and networking industries, today announced a landmark partnership with the University of Maryland and the State of Maryland with the aim to establish Maryland as the “silicon valley” of the quantum computing industry. The proposed initiative will aim to fuel the growing quantum economy of the U.S. capitol region, provide access to IonQ’s cutting-edge quantum technology, and dramatically strengthen Maryland’s workforce with new quantum-focused jobs.

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