Announced

Completed

IonQ completed the acquisition of Qubitekk.

Synopsis

IonQ, a quantum computing and networking industry company, completed the acquisition of Qubitekk, a quantum networking company. Financial terms were not disclosed. “The acquisition of Qubitekk is a key step in IonQ’s journey to lead quantum networking into the future. Qubitekk’s innovative work in quantum networking aligns perfectly with our vision of creating scalable quantum systems that transform industries. By combining our strengths, we are not just expanding IonQ’s capabilities in critical areas like defense and cybersecurity, we expect to accelerate the development of quantum networks, the backbone of tomorrow’s quantum internet,” Jordan Shapiro, IonQ Head of Corporate Development and VP of Financial Planning & Analysis.

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