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IonQ and the University of Chicago Sign Landmark Agreement to Establish IonQ Center for Engineering and Science to Accelerate Quantum Research and Commercialization
Businesswire· 2025-11-10 13:15
Nov 10, 2025 8:15 AM Eastern Standard Time IonQ and the University of Chicago Sign Landmark Agreement to Establish IonQ Center for Engineering and Science to Accelerate Quantum Research and Commercialization Share Research areas include quantum hardware for computing, networking, sensing, and security, and quantum applications for chemistry, materials science, optimization, security, and advanced communication protocols — all areas aligned with IonQ's roadmap of critical quantum technologies. This agreement ...
IonQ's Acquisitions Could Cement It as the Top Quantum Defense Stock
The Motley Fool· 2025-09-26 08:36
Core Insights - The convergence of quantum computing and defense sectors presents a unique investment opportunity, particularly with companies like IonQ expanding their presence in defense through contracts and acquisitions [2][12] Company Overview - IonQ specializes in quantum computing, utilizing trapped ions for data processing, which allows for smaller and more scalable systems compared to traditional electron-based quantum computers [6][7] - The company currently offers three quantum systems: Aria, Forte, and Forte Enterprise, with plans to launch a fourth system, Tempo, by the end of the year [8] Financial Projections - Analysts predict IonQ's revenue will increase from $43 million in 2024 to $315 million by 2027, marking a more than sevenfold surge, although the company is not expected to achieve profitability soon [9] Defense Sector Expansion - IonQ has secured three significant defense contracts, including a $54.5 million contract with the U.S. Air Force Research Laboratory, a $21.1 million project for secure quantum networking, and a $5.7 million contract for a new networked quantum computing system [10][13] - The company has also acquired Oxford Ionics for $1.08 billion and is in the process of acquiring Vector Atomic, which has over $200 million in defense-related contracts [10] Strategic Developments - IonQ launched a new division, IonQ Federal, to manage its defense contracts, aiming to enhance resources for government customers and strengthen national security through quantum computing solutions [11]