CONTRACTAPPROVED

Florida Board of Governors Budget and Finance Committee | State of Florida Awards Equipment Contract to IONQ (September 2026)

Florida Board of Governors Budget and Finance Committee | State of Florida logoFlorida Board of Governors Budget and Finance Committee | State of Florida
Disclosed value
$25 million, paid over five years; first payment of $7 million in FY 2026-27
From budget
Approved
Sep 17, 2026
Term
Five years; estimated completion FY2031
Renews
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The 30-second brief

What it covers

Florida International University approved the terms for an IonQ quantum computing system costing $25 million over five years. The university authorized negotiation and execution of the purchase agreement, with a $7 million first payment planned for FY 2026-27.

Who holds it

IONQ holds this equipment contract with Florida Board of Governors Budget and Finance Committee | State of Florida. Its other public contracts on record include work for Florida International University and University System of Maryland | State of Maryland.

What happens next

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Contract details

Contract type
Equipment
Amount
$25 million, paid over five years; first payment of $7 million in FY 2026-27
Document date
September 17, 2026
Term
Five years; estimated completion FY2031
Renews
On record
Vendor
IONQ
Source document
Florida International University Budget 2026-2027 Carryforward Spending Plan Summary 2026-09-17 (Budget)

IONQ's other public contracts

More Florida Board of Governors Budget and Finance Committee | State of Florida contracts

Questions about this contract

Who was awarded the equipment contract by Florida Board of Governors Budget and Finance Committee | State of Florida?

IONQ was awarded this equipment contract by Florida Board of Governors Budget and Finance Committee | State of Florida, as recorded on September 17, 2026. The contract value is $25 million, paid over five years; first payment of $7 million in FY 2026-27.

How much is the IONQ contract with Florida Board of Governors Budget and Finance Committee | State of Florida worth?

The IONQ contract with Florida Board of Governors Budget and Finance Committee | State of Florida is valued at $25 million, paid over five years; first payment of $7 million in FY 2026-27, covering equipment work.

What type of contract is this?

This is a Equipment contract, documented as a budget record.

Where was this contract approved?

This contract appears in Florida International University Budget 2026-2027 Carryforward Spending Plan Summary 2026-09-17 (Budget), dated September 17, 2026 from Florida Board of Governors Budget and Finance Committee | State of Florida. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does IONQ hold?

IONQ may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Florida Board of Governors Budget and Finance Committee | State of Florida currently buying?

Explore Florida Board of Governors Budget and Finance Committee | State of Florida's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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