Quantum computing is poised to revolutionize industries ranging from drug discovery to energy distribution, and IonQ, a Maryland-based pioneer in the field, is at the forefront of this transformation. In a recent interview on CNBC’s “The Exchange,” IonQ CEO Niccolo De Masi discussed the vast potential of quantum computing, its intersection with the nuclear industry, and the company’s rapid growth trajectory. De Masi highlighted how a potential nuclear executive order under the Trump administration could indirectly benefit IonQ by spurring innovation in energy and defense—sectors where quantum technology can solve complex challenges.

A Quantum Leap for Applied Science

De Masi emphasized that quantum computing will impact “every aspect of applied science,” addressing some of the world’s most pressing problems. From optimizing drug discovery to enhancing materials science and bolstering defense systems, IonQ’s technology promises to redefine efficiency. Specifically, in the energy sector, quantum computing could improve grid distribution and make energy production more sustainable—a critical need as nuclear energy discussions gain traction. IonQ, which became the first publicly traded quantum computing company, is also doubling its revenue year on year, a testament to the market’s growing confidence in its leadership, as noted by De Masi on CNBC.

IonQ’s advancements aren’t limited to computing power alone. The company is also the leading quantum networking firm, creating a “virtuous circle” where increasingly powerful quantum computers necessitate advanced networking solutions. This dual expertise positions IonQ uniquely in a field where secure communication is paramount, especially as quantum systems edge closer to cracking traditional encryption methods like RSA, the backbone of internet security.

The Next Computing Revolution

For those unfamiliar with the intricacies of quantum technology, De Masi offered a compelling analogy during his CNBC interview. Just as Nvidia and Broadcom’s GPUs have fueled the AI boom, IonQ’s quantum processing units (QPUs) represent the next evolutionary step in computing. He described this shift as the most significant in 80 years, moving from classical computing to quantum systems that grow in power at a “double exponential rate.” Unlike Moore’s Law, where classical computing power doubles roughly every 18 months, IonQ’s systems could leap forward by factors like 240 million in just a few years.

This unprecedented growth has customers scrambling to adopt quantum solutions early. Companies such as AstraZeneca, Airbus, and General Dynamics are already partnering with IonQ to gain a competitive edge. De Masi pointed out that IonQ is delivering a “narrow commercial advantage” with its current AQ 36 system, with even greater breakthroughs expected as they transition to broader quantum advantage and, eventually, quantum supremacy, as shared on CNBC.

From Promise to Reality

Addressing long-standing skepticism about quantum computing’s timeline, De Masi assured viewers on CNBC that the technology is no longer a distant dream but a tangible reality. IonQ is actively selling systems worldwide, having delivered the majority of quantum computers ever sold. Moreover, their quantum networking equipment is paving the way for a secure “quantum internet,” safeguarding critical infrastructure like banking and telecommunications. As nuclear energy policies evolve, IonQ’s role in optimizing related technologies could prove pivotal, cementing its status as a leader in this transformative era.