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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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