IonQ CEO Says Q-Day Could Hit by 2028-2029 as Firm Targets 10x Growth
Updated
Updated · en.koreadaily.com · Jun 7
IonQ CEO Says Q-Day Could Hit by 2028-2029 as Firm Targets 10x Growth
2 articles · Updated · en.koreadaily.com · Jun 7
Summary
2028-2029 is when IonQ expects “Q-Day” to arrive, CEO Niccolo de Masi said, arguing quantum computers could run Shor’s algorithm and break current encryption before the end of the current U.S. administration.
That timeline underpins his broader claim that quantum is shifting from explanation to deployment, with governments and companies now asking for strategy rather than asking what quantum computing is.
IonQ says its edge rests on technical milestones from the first quantum logic gates in 1995 to a recent blueprint for fully fault-tolerant quantum computers, while customers increasingly buy across computing, networking, security and sensing.
De Masi said quantum will eventually reshape AI through hybrid systems that pair GPUs with quantum algorithms, and he tied the technology directly to national security through encryption, sensing and defense-related applications.
At roughly $26 billion in market value, up from $2 billion in five years, IonQ also sees South Korea as a key partner in automotive, battery and semiconductor work.