logo
IonQ Expands Engineering Leadership Team, Hiring Rick Muller as Vice President of Quantum Systems

IonQ Expands Engineering Leadership Team, Hiring Rick Muller as Vice President of Quantum Systems

Business Wire21-07-2025
COLLEGE PARK, Md.--(BUSINESS WIRE)--IonQ (NYSE: IONQ), the leading commercial quantum computing and networking company, today announced the appointment of Dr. Rick Muller as Vice President of Quantum Systems. Muller, who joins this month, will lead IonQ's quantum computing systems development team.
Muller will be an integral member of the team tasked with delivering on the company's intent to build the world's most powerful quantum computers with 2 million qubits by 2030. His deep technical expertise will also strengthen IonQ's role as a trusted partner for commercial and federal quantum applications.
Muller brings decades of experience to IonQ, including his recent work at the Intelligence Advanced Research Projects Activity (IARPA), an organization within the Office of the Director of National Intelligence (ODNI) that conducts research to address the most difficult challenges faced by the U.S. intelligence community. Muller has also held senior positions at Sandia National Laboratories and the California Institute of Technology.
'Rick brings an exceptional blend of scientific insight and federal systems engineering experience, precisely the kind of leadership IonQ needs as we scale toward operational quantum advantage,' said Dr. Dean Kassmann, Senior Vice President of Engineering and Technology at IonQ. 'His track record leading transformative R&D efforts will be instrumental as we expand our quantum computing system capabilities and deepen our partnerships across both commercial and government sectors.'
As Director of IARPA, Muller was responsible for implementing research programs in quantum computing, artificial intelligence, biometrics, and text analytics for the U.S. intelligence community. Prior to that, he led the Quantum and Advanced Microsystems group at Sandia National Laboratories and directed the Department of Energy's Quantum Systems Accelerator, one of the flagship centers established under the National Quantum Initiative.
Earlier in his career, Muller led the drive for advanced computational capabilities for national security as part of the Joint Program Office for the National Strategic Computing Initiative. He holds a Ph.D. in chemistry from the California Institute of Technology and a B.A. from Rice University, also in chemistry.
'IonQ is at the forefront of evolving quantum computing from research concepts into leading commercial applications,' said Muller. 'Joining IonQ gives me the opportunity to help scale technology that can solve meaningful problems across science, security, and industry. I'm excited to contribute to the next generation of systems that will continue to make quantum computing impactful.'
Muller's appointment follows a national search led by PSIRCH, IonQ's executive search partner of record.
About IonQ
IonQ, Inc. [NYSE: IONQ] is the leading commercial quantum computing and networking company, delivering high-performance systems aimed at solving the world's most complex problems. IonQ's current generation quantum computers, IonQ Forte and IonQ Forte Enterprise, are the latest in a line of cutting-edge systems that have been helping customers and partners such as Amazon Web Services, AstraZeneca, and NVIDIA achieve 20x performance results.
The company is accelerating its technology roadmap and intends to deliver the world's most powerful quantum computers with 2 million qubits by 2030 to accelerate innovation in drug discovery, materials science, financial modeling, logistics, cybersecurity, and defense. IonQ's advancements in quantum networking also positions the company as a leader in building the quantum internet.
The company's innovative technology and rapid growth were recognized in Newsweek's 2025 Excellence Index 1000, Forbes' 2025 Most Successful Mid-Cap Companies list, and Built In's 2025 100 Best Midsize Places to Work in Washington DC and Seattle, respectively. Available through all major cloud providers, IonQ is making quantum computing more accessible and impactful than ever before. Learn more at IonQ.com.
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 words 'accelerate,' 'accelerating,' 'accessible,' 'advancements,' 'advancing,' 'aimed,' 'building,' 'can,' 'deepen,' 'delivering,' 'evolving,' 'expand,' 'intends,' 'intent,' 'scale,' 'will,' and other similar expressions are intended to identify forward-looking statements. These statements include those related to IonQ's quantum computing capabilities and plans; IonQ's technology driving quantum advantage or delivering scalable, fault-tolerant quantum computing in the future; the future impacts of IonQ's offerings; and the scalability, performance, impact, and commercial-readiness of IonQ's 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: IonQ's ability to implement its technical roadmap; changes in the competitive industries in which IonQ operates, including development of competing technologies; IonQ's ability to deliver, and customers' ability to generate, value from IonQ's offerings; IonQ's inability to attract and retain key personnel; or IonQ's inability to effectively integrate its acquisitions of Qubitekk, Inc., Lightsynq Technologies, Inc., and Capella Space Corporation and close its acquisitions of Oxford Ionics Limited and ID Quantique, SA. 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 filings with the U.S. Securities and Exchange Commission, including but not limited to the Company's most recent Annual Report on Form 10-K and reports on Form 10-Q. 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.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Law Offices of Howard G. Smith Encourages Sable Offshore Corp. (SOC) Investors To Inquire About Securities Fraud Class Action
Law Offices of Howard G. Smith Encourages Sable Offshore Corp. (SOC) Investors To Inquire About Securities Fraud Class Action

Business Wire

time20 minutes ago

  • Business Wire

Law Offices of Howard G. Smith Encourages Sable Offshore Corp. (SOC) Investors To Inquire About Securities Fraud Class Action

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Sable Offshore Corp. ('Sable' or the 'Company') (NYSE: SOC) securities between May 19, 2025 and June 3, 2025, inclusive (the 'Class Period'), and/or pursuant and/or traceable to the Company's May 21, 2025 secondary public offering (the 'SPO'). Sable investors have until September 26, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SABLE OFFSHORE CORP. (SOC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at howardsmith@ by telephone at (215) 638-4847 or visit our website at What Happened? On May 19, 2025, Sable announced that it had resumed oil production from one of three offshore platforms related for its Las Flores pipelines ('Onshore Pipeline') in California. Then, on May 23, 2025, the California State Land Commission sent Sable a letter regarding its May 19th announcement, warning that it 'appears to mischaracterize the nature of recent activities, causing significant public confusion and raising questions regarding Sable's intentions,' and that Sable had conflated offshore well testing activities required by a federal regulatory agency with the restart of operations. Then, on May 28, 2025, the Santa Barbara County Superior Court approved a preliminary injunction from the California Coastal Commission regarding Sable's maintenance and repair work in the coastal zone related to the Onshore Pipeline. On this news, Sable's stock price fell $5.04, or 15.3%, to close at $27.89 per share on May 28, 2025, thereby injuring investors. Then, on June 4, 2025, Sable disclosed that a Santa Barbara County Superior Court Judge had granted 'temporary restraining orders prohibiting [Sable] from restarting transportation of oil through the Las Flores Pipeline System.' On this news, Sable's stock price fell $0.94, or 3.9%, to close at $23.10 per share on June 4, 2025, thereby injuring investors further. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Defendants represented that Sable Offshore Corp. had restarted oil production off the coast of California when it had not; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Contact Us To Participate or Learn More: If you purchased Sable securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, Telephone: (215) 638-4847 Email: howardsmith@ Visit our website at: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Trump's $750 Billion Coup In Europe Could Bring Energy Stocks Back From The Dead
Trump's $750 Billion Coup In Europe Could Bring Energy Stocks Back From The Dead

Yahoo

time34 minutes ago

  • Yahoo

Trump's $750 Billion Coup In Europe Could Bring Energy Stocks Back From The Dead

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. U.S. energy stocks have trailed behind the broader market this year. Still, President Donald Trump's $750 billion trade agreement with the European Union may be the catalyst to reverse that underperformance. CVX stock is up 8% in July. See the chart here. While headlines fixated on the 15% tariff rate the U.S. will apply to European imports, a far more consequential detail went largely overlooked: the EU has agreed to purchase $750 billion worth of U.S. energy exports over the next three years, a sharp increase from the roughly $100 billion imported annually today. Trending: Be part of the breakthrough that could replace plastic as we know it— Market Reaction: Energy Stocks Catch A Bid The U.S. energy sector welcomed the move. The Energy Select Sector SPDR Fund (NYSE:XLE) climbed 1% on Monday, outperforming all other sectors. The agreement is being viewed as a potential structural shift in demand—one that could unlock long-term export growth, solidify pricing power, and revive capital flows into the sector. Yet energy stocks still lag in 2025, with the XLE up just 1.9% year-to-date, compared to the SPDR S&P 500 ETF Trust (NYSE:SPY), which has gained 8.9%. Among notable Monday's movers in oil & gas stocks: Devon Energy Corp. (NYSE:DVN) up 3.14% Diamondback Energy Inc. (NASDAQ:FANG) up 3.03% APA Corp. (NASDAQ:APA) up 2.64% EOG Resources Inc. (NYSE:EOG) up 2.54% ConocoPhillips (NYSE:COP) up 2.32% Cheniere Energy Inc. (NYSE:LNG), a major LNG exporter, jumped 3.3%Bold Target, But Risks Remain Oxford Economics' Oliver Rakau called the agreement a "clear political win for the U.S.," citing no signs of EU retaliation and a favorable tariff structure. Still, he flagged "significant implementation risks," related to the energy pledge, noting the target may prove too ambitious. "The $750 billion pledge over three years is highly ambitious given current levels are under $100 billion," Rakau said. Florence Schmit, energy strategist at Rabobank, echoed the skepticism. "To hit $250 billion annually, the EU would need to import 67% of its energy needs from the U.S.," he said, citing Eurostat data. Instead, she expects the deal will trigger European investment in U.S. LNG infrastructure, securing future supply but having a limited short-term impact on global balances. According to the deal aims to replace sanctioned Russian gas volumes with U.S. LNG through a combination of spot and long-term contracts. Although no specific contracts were announced, follow-on agreements are expected to be announced in the coming weeks. Read Next: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes – no cost, no obligation. If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Trump's $750 Billion Coup In Europe Could Bring Energy Stocks Back From The Dead originally appeared on

Schlumberger Limited (SLB)'s Having A Hard Time, Says Jim Cramer
Schlumberger Limited (SLB)'s Having A Hard Time, Says Jim Cramer

Yahoo

timean hour ago

  • Yahoo

Schlumberger Limited (SLB)'s Having A Hard Time, Says Jim Cramer

We recently published . Schlumberger Limited (NYSE:SLB) is one of the stocks Jim Cramer recently discussed. Schlumberger Limited (NYSE:SLB) is one of the biggest oil and gas equipment providers in the world. Its shares have lost 8% year-to-date as they have yet to recover from the devastating 24% dip in April after President Trump announced his Liberation Day tariffs. However, Schlumberger Limited (NYSE:SLB)'s shares have gained 4.5% over the past month as the firm has benefited from a robust second-quarter earnings report, which saw its $8.6 billion in revenue and $0.74 in earnings beat analyst estimates of $7.3 billion and $ discussed Schlumberger Limited (NYSE:SLB) in the context of the oil industry and oil prices: 'But not as many as you would think. I mean, look, oil and gas, you would think that would be terrible with oil in the 60s, they're doing pretty well. Well, Schlumberger [has] a hard time. . .But then, out of nowhere, you get this LNG deal. And you say, wow, I mean there's an industry that's got customers for the rest of its duration.' Previously, Cramer was quite bearish on Schlumberger Limited (NYSE:SLB) as he advised a viewer to simply keep watching the stock: 'Keep watching, no pull trigger. Why? Because I do not like the oil stocks. I don't need them, don't want them.' While we acknowledge the potential of SLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store