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IonQ gains on partnership with US Department of Energy

ReutersSep 17, 2025 8:27 PM

Shares of quantum computing firm IonQ IONQ.N up 5% to $65.41 in extended trading

Company signs MOU with the U.S. Department of Energy (DOE) to advance the development and deployment of quantum technologies in space

IONQ says it will provide the design and execution of an orbital demonstration of quantum-secure communications using its satellite platform

Company adds the agreement will explore alternate position, navigation, time synchronization, quantum networking, and sensing as well

As of last close, shares were up 56.67% YTD

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