Lockheed Martin
Lockheed Martin, established in 1912, is a global security and aerospace company headquartered in Bethesda, Maryland. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space Systems. The company specializes in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, space, and commercial applications. These include combat and air mobility aircraft, missiles, helicopters, ship and submarine mission systems, satellites, and cybersecurity solutions. Lockheed Martin also provides a range of management, engineering, technical, scientific, logistic, and information services. Since 2007, Lockheed Martin Ventures, the company's venture capital arm, has invested over $100 million in startup companies developing disruptive technologies in core businesses and new markets, with a focus on autonomous systems, cybersecurity, space technologies, and advanced materials, among others.
IonQ, Inc. is a technology company that specializes in the development of general-purpose quantum information computers utilizing a trapped ion approach. Founded in 2015 and based in College Park, Maryland, IonQ focuses on advancing quantum computing capabilities through qubit replication, optical networkability, and optimized algorithms. The company's quantum computers represent a significant shift from classical computing, effectively addressing limitations associated with superposition and entanglement at the atomic level. IonQ provides access to its quantum processors through cloud platforms, offering quantum-computing-as-a-service (QCaaS) to a wide range of customers. Additionally, the company engages in research and development to enhance its quantum technology and supports clients through consulting services aimed at co-developing algorithms for its quantum systems.
University of Maryland
Grant in 2019
The University of Maryland, located in College Park, Maryland, is a distinguished public research university that was established in 1856. Over the past two decades, it has significantly enhanced its reputation and academic standing, emerging as a leading institution in research, entrepreneurship, and innovation. The university is committed to leveraging its competitive advantages and pursuing ambitious goals to further its mission. With a focus on fostering an environment conducive to academic excellence and practical application, the University of Maryland aims to solidify its position among the world's premier educational institutions.
A. James Clark School of Engineering
Grant in 2019
The A. James Clark School of Engineering at the University of Maryland serves as the catalyst for high-quality research, innovation, and learning, delivering on a promise that all graduates will leave ready to impact the grand challenges of the 21st century.
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