Workflow
IONQ's Qubitekk Deal: A Quantum Leap or Risky Bet for 2025?
IONQIonQ(IONQ) ZACKS·2025-01-09 00:46

IonQ's (IONQ) recent acquisition of Qubitekk's operating assets for $22 million marks a pivotal expansion of its quantum networking capabilities, enhancing the company's position in the emerging quantum technology landscape. The deal brings valuable assets, including Qubitekk's commercial operations, customer base, executive team, and most notably, a portfolio of 118 granted quantum networking patents. By combining Qubitekk's quantum networking expertise with IonQ's trapped-ion quantum computing technology, ...