IonQ Inc (IONQ)

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Aspiring students and researchers showcase the breadth of quantum computing in areas such as healthcare, energy and engineering

COLLEGE PARK, Md.--(BUSINESS WIRE)--Aug. 21, 2024--IonQ (NYSE: IONQ) and Classiq, leaders in the quantum computing industry, today announced that winners of this year’s annual UK Quantum Hackathon – hosted by the National Quantum Computing Centre’s (NQCC) – used IonQ quantum computers and Classiq’s software among several other quantum systems, when developing solutions for novel quantum applications.

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IonQ QPUs and Classiq Software Power Winning Projects at the UK’s National Quantum Computing Centre’s 2024 Hackathon (Photo: Business Wire)

This is the second year in a row that IonQ and Classiq have teamed up to enable hackathon teams to design, optimize and execute quantum algorithms for IonQ’s quantum computers. Classiq’s software simplifies the circuit design process by allowing users to define their quantum circuit parameters before the software converts it into an optimized quantum circuit.

“We’re delighted that IonQ’s quantum computers were used by the best and brightest quantum computing talent in the UK. It’s inspiring to be part of an incredible event that fosters the next generation of quantum leaders,” said Peter Chapman, President and CEO of IonQ. “The fact that the first place winning team – and, in fact, all three winners – used IonQ for their projects is humbling and an incredible honor.”

“It is impressive to see the projects submitted by these talented students and researchers. We’re proud that Classiq’s software and our integration with IonQ has enabled them to achieve these winning results,” said Nir Minerbi, CEO and co-founder of Classiq. “The NQCC has delivered yet another world-class hackathon, and we believe it is a wonderful contribution to inspiring and developing future quantum talent.”

The winning teams presented quantum application use cases for areas like risk aggregation, evaluation for insurance losses, network design and National Health Service (NHS) forecasting. Each teams’ approach was evaluated for scalability and how each application could address challenges in areas such as healthcare, energy and engineering.

“One of the objectives of our annual UK Quantum Hackathon is to drive the advancement of practical use cases, facilitating the migration of quantum computing from academia to industry.” said Dr Michael Cuthbert, Director, NQCC. "IonQ has been a quantum processing unit (QPU) provider that has powered Hackathon winners for the past two years. We congratulate all who have been involved in this successful event.”

The UK Quantum Hackathon is the NQCC’s flagship annual event, delivered as part of their user engagement program, SparQ. From students to early career researchers, the event brought together teams of coders with industry mentors, to tackle practical challenges and develop solutions using quantum computing. During the three-day event, 13 teams including over 70 coders displayed innovative spirit and creativity.

About IonQ

IonQ, Inc. is a leader in quantum computing that delivers high-performance systems to solve the world’s largest and most complex commercial and research use cases. IonQ’s current generation quantum computer, IonQ Forte, is the latest in a line of cutting-edge systems, boasting 36 algorithmic qubits. The company’s innovative technology and rapid growth were recognized in Fast Company’s 2023 Next Big Things in Tech List and Deloitte’s 2023 Technology Fast 500™ List, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.