Startups

College Park’s IonQ and the University of Maryland are teaming up to open a $20M quantum lab

With the Q-Lab, team members from the company and researchers will have space to collaborate on quantum computing advances. "We think it's a really important step to creating the ecosystem," said UMD Chief Strategy Officer Ken Ulman.

Inside IonQ's College Park quantum computing work. (Courtesy photo)

This fall, the University of Maryland College Park (UMD) and College Park quantum computing company IonQ are partnering up to open the National Quantum Lab (Q-Lab), specializing in research of the technology.

Decked out with a commercial grade quantum computer and hardware from IonQ, UMD Chief Strategy Officer Ken Ulman said it will be a space for students and staff to explore solutions using quantum technology. The lab, which is being created with a $20 million investment from the school, is part of UMD’s larger expansion of quantum resources at a time when scientists are moving to take the technology from the lab to commercial companies. So far, UMD has invested $300 million in quantum science, and has been working in the field on its campus for over 30 years.

Ulman told Technical.ly that UMD decided to pursue a national lab because it became apparent that quantum computing has the potential to help solve many of the world’s challenges, while also brining innovation to the local area.

“We think there’s an opportunity here to create,” Ulman said. “And we think that the ‘Silicon Valley of X’ is totally overplayed and overused, but this may be one of the few times that it’s appropriate.”

The lab, which will be located in the university’s innovation-centered development known as the Discovery District, will open next to IonQ’s headquarters. It will give students a chance to directly interact with IonQ employees. IonQ will also be assisting with staffing and program development within the lab, and it will serve as a collaborative workspace for students and staff.

The news coincides with IonQ’s move to go public, which is expected to be finalized in the next few weeks. The company, which started at a UMD lab, is said to be valued at approximately $2 billion following the IPO.

“We are very proud that the nation’s leading center of academic excellence in quantum research chose IonQ’s hardware for this trailblazing partnership,” said Peter Chapman, president and CEO of IonQ, in a statement. “UMD has been at the vanguard of this field since quantum computing was in its infancy, and has been a true partner to IonQ as we step out of the lab and into commerce, industry, and the public markets.”

Its location in the Discovery District, Ulman said, is also very intentional, because the investment in quantum is not “happening in a vacuum,” and it comes alongside a host of investment in the tech in and out of UMD. He hopes that the new center will help bring more innovation and investment to the area, especially given the potential reach of quantum technology. In addition to cybersecurity, he foresees applications in climate change solutions and rapid vaccine deployment, among other uses.

“We believe that creating a hands-on quantum user facility that can bring those talented people from around the world to come to the University of Maryland…and collaborate with the men and women at IonQ, we think it’s a really important step to creating the ecosystem,” Ulman said.

Companies: IonQ / University of Maryland, College Park

Before you go...

Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.

3 ways to support our work:
  • Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
  • Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
  • Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
The journalism fund Preferred partners Our services
Engagement

Join our growing Slack community

Join 5,000 tech professionals and entrepreneurs in our community Slack today!

Trending

Do zero-waste takeout containers work? We tried a new DC service to find out

DC houses many industries — and a ton of tech jobs

Top tech stories of 2024: How AI, cyber and community made DC innovation sing 

This Week in Jobs: Travel far in your career with these 26 open tech roles

Technically Media