Tag: $IonQ

The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday.

IonQ (NYSE:IONQ) stock rose 4% Tuesday morning after the company announced a significant advancement in quantum networking technology, successfully demonstrating quantum frequency conversion to telecom wavelengths.

IonQ (IONQ) said Wednesday that it had completed its acquisition of Oxford Ionics and entered into an agreement to acquire a second start-up in transactions valued at a collective $1.3 billion.

COLLEGE PARK, Md., August 10, 2023–(BUSINESS WIRE)–IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced financial results for the quarter ended June 30, 2023.