College Park’s IonQ (NYSE: IONQ), a global leader in quantum computing and networking, has announced a groundbreaking partnership with the University of Maryland and the State of Maryland. This visionary collaboration positions College Park as the epicenter of the quantum computing industry, fostering innovation, job creation, and economic growth in the region.
As part of the “Capital of Quantum” initiative, this partnership seeks to catalyze over $1 billion in investments to make College Park a hub for quantum technologies. Central to this initiative, IonQ plans to establish a state-of-the-art quantum intelligence campus at the University of Maryland, College Park. This campus will serve as a foundation for advancing quantum research and development while solidifying College Park’s status as a leader in the quantum economy.
Expanding IonQ’s Presence in College Park
Subject to incentives and Governor Wes Moore’s FY 2026 budget approval, IonQ intends to significantly expand its corporate headquarters within the University of Maryland’s Discovery District in College Park. Plans include building a 100,000-square-foot facility featuring a data center, laboratories, and office space. The expansion also involves doubling IonQ’s workforce to at least 250 employees over the next five years. This growth will create high-paying, skilled jobs across various sectors, including construction, software and hardware engineering, operations, applied physics and networking.
Transforming College Park’s Economy
The collaboration between IonQ, the University of Maryland, and the State of Maryland goes beyond infrastructure development. The initiative will drive advancements in quantum computing and networking, focusing on developing next-generation quantum computers and the ultra-secure Quantum Internet. These advancements will place College Park at the forefront of cutting-edge technological innovation.
Additionally, IonQ and the University of Maryland plan to create educational programs to inspire and prepare the next generation of quantum professionals. This includes developing course materials tailored for Maryland high school students interested in quantum technologies, ensuring a robust talent pipeline to support the growing quantum economy in College Park.
A Bright Future for College Park
Today’s announcement marks a significant milestone in College Park’s journey to becoming the global epicenter of quantum innovation. By investing in cutting-edge technology and workforce development, the “Capital of Quantum” initiative will not only strengthen College Park’s economy but also position the city as a leader in shaping the future of computing and technology.
Stay tuned for more updates as this exciting initiative progresses. Together, we are building a brighter, quantum-powered future for College Park and beyond.

