Acquisition StrategyIonQ has entered into a definitive agreement to acquire Vector Atomic, enabling its entry into the quantum sensing market.
Revenue GrowthIonQ reported revenue over 20% above guidance, and raised FY revenue guidance at the midpoint from $85mn to $91mn.
Technological AdvancementThe next generation #AQ-64 Tempo prototype system is said to have 36 quadrillion times larger computational space than IBM’s best Heron-series system, representing a five-year lead over its nearest competitor.