IonQ and Ansys partner to enhance engineering
simulation through advanced quantum computing
Key Highlights
- The computer-aided engineering (CAE) market can benefit from
the ability of IonQ quantum computers to accelerate simulation,
allowing Ansys customers to perform more complex simulations and
bring better products to market faster.
- New partnership aims to allow expert and non-expert users to
seamlessly access the power of IonQ’s quantum computers to improve
product development processes.
- IonQ will use Ansys simulation solutions to design its
next-generation quantum computers and quantum networks for
increased scalability and performance.
IonQ (NYSE: IONQ), a leader in the quantum computing industry,
and Ansys (Nasdaq: ANSS), have joined forces to integrate quantum
computing into the $10B computer-aided engineering (CAE) industry.*
Together, IonQ and Ansys aim to accelerate simulation, expand
high-fidelity design exploration, and reduce product development
timelines, enabling faster market entry for innovative
products.
This partnership aims to make simulation accessible to both
quantum experts and non-experts, with the goal of enhancing
enterprise value and streamlining product development processes.
Ansys solutions are used in product development across industries
and account for a significant portion of all modeling and
simulation in the CAE market. As IonQ’s quantum computers advance
and outpace classical systems on specific tasks, integrating them
with Ansys’ technology for complex simulations will open the door
to new discoveries and innovations. With these advancements, Ansys
will gain access to critical infrastructure to test and refine its
technology in a quantum environment.
IonQ will use Ansys’ multiphysics technology — including
structural, optical, photonic, and electromagnetic simulation
software — to design and optimize key components for extremely
scalable and performant next-generation quantum computers.
“We are excited to work with IonQ to create a new generation of
quantum-based solvers that could simultaneously increase predictive
accuracy and expedite simulation run time,” said Prith Banerjee,
Chief Technology Officer at Ansys. “Our goal is to enable every
Ansys customer to seamlessly access the power of quantum computing
to accelerate innovation and get their products to market sooner.
We believe that quantum computing holds tremendous benefit for the
CAE market, and IonQ’s technology excels at offering solutions to
complex simulation challenges that were previously out of reach for
classical computers.”
“IonQ has made significant strides in demonstrating the value of
quantum computing to businesses across industries, such as
pharmaceuticals, finance, automotive, and aerospace,” said Ariel
Braunstein, IonQ’s SVP of Products and Applications. “We believe
that Ansys’ simulation software will be crucial to designing and
scaling our most advanced systems. This partnership will also give
IonQ broader access to the multi-billion dollar Computer-Aided
Engineering market, which accounts for a substantial portion of
global High-Performance Computing usage.”
IonQ also works with enterprise customers such as Airbus and
Hyundai Motor to incorporate quantum solutions into their
industries. To learn more about IonQ and its latest system news and
business developments, visit https://ionq.com/.
*https://www.grandviewresearch.com/industry-analysis/computer-aided-engineering-cae-market
About IonQ
IonQ, Inc. is a leader in quantum computing that delivers
high-performance systems capable of solving 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.
About Ansys
Our Mission: Powering Innovation that Drives Human
Advancement™
When visionary companies need to know how their world-changing
ideas will perform, they close the gap between design and reality
with Ansys simulation. For more than 50 years, Ansys software has
enabled innovators across industries to push boundaries by using
the predictive power of simulation. From sustainable transportation
to advanced semiconductors, from satellite systems to life-saving
medical devices, the next great leaps in human advancement will be
powered by Ansys.
Ansys and any and all ANSYS, Inc. brand, product, service, and
feature names, logos, and slogans are registered trademarks or
trademarks of ANSYS, Inc. or its subsidiaries in the United States
or other countries. All other brand, product, service, and feature
names or trademarks are the property of their respective
owners.
IonQ Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Some of the forward-looking statements can be identified
by the use of forward-looking words. Statements that are not
historical in nature, including the terms “accelerate,” “advance,”
“aim,” “believe,” “benefit,” “can,” “collaboration,” “critical,”
“crucial,” “design,” “designing,” “designed to,” “enable,”
“enabling,” “enhancing,” “exceed,” “expand,” “expect,” “expected
to,” “intend,” “next-generation,” “optimize,” “outpace,”
“performant,” “reduce,” “scalable,” “scaling,” “streamlining,”
“will,” “would,” and other similar expressions are intended to
identify forward-looking statements. These statements include those
related to increased scalability and performance of IonQ’s systems,
the ability for others to access and implement IonQ’s offerings to
increase their quantum computing capabilities, the ability for
IonQ’s offerings to accelerate simulation and drive faster
time-to-solution or to exceed the capabilities of classical
computing in the future, IonQ’s quantum computing capabilities and
plans, and the scalability and reliability of IonQ’s quantum
computing offerings. Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this press release, including but not limited to:
changes in the competitive industries in which IonQ operates,
including development of competing technologies; changes in laws
and regulations affecting IonQ’s business; IonQ’s ability to
implement its business plans, forecasts and other expectations,
identify and realize partnerships and opportunities, and to engage
new and existing customers. You should carefully consider the
foregoing factors and the other risks and uncertainties disclosed
in the Company’s filings, including but not limited to those
described in the “Risk Factors” section of IonQ’s most recent
Quarterly Report on Form 10-Q and other documents filed by IonQ
from time to time with the Securities and Exchange Commission.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and IonQ assumes no obligation and does not intend to
update or revise these forward-looking statements, whether as a
result of new information, future events, or otherwise. IonQ does
not give any assurance that it will achieve its expectations.
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version on businesswire.com: https://www.businesswire.com/news/home/20241106591548/en/
IonQ Media contact: Tyler Ogoshi press@ionq.com IonQ
Investor Contact: investors@ionq.co Ansys Media Contact:
Mary Kate Joyce 724.820.4368 marykate.joyce@ansys.com Ansys
Investor contact: Kelsey DeBriyn 724.820.3927
kelsey.debriyn@ansys.com
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