IonQ enters strategic agreement with University of Chicago

IonQ (IONQ) announced a strategic agreement with the University of Chicago to establish the IonQ Center for Engineering and Science on campus and deliver a next-generation quantum computer and IonQ quantum network. The agreement includes a major research initiative to accelerate the development of novel quantum technology by University of Chicago researchers. Under the agreement, IonQ will deploy a next-generation quantum computer and entanglement distribution quantum network at the university. As part of the initiative, IonQ will install a next-generation quantum computer along with an entanglement-distribution quantum network on campus. IonQ will contribute to the University’s construction of a new building on campus, the IonQ Center for Engineering and Science, which will house the University of Chicago’s Pritzker School of Molecular Engineering and other university science and technology research areas. Additionally, IonQ is poised to be named a core partner of the Chicago Quantum Exchange, based at the University of Chicago, contributing to the direction of the multi-institutional research consortium that includes Argonne and Fermilab national laboratories, the University of Illinois, Northwestern, Purdue, and others.