- IonQ (IONQ, Financial) has completed the acquisition of ID Quantique (IDQ), enhancing its capabilities in quantum networking and secure communications.
- The acquisition adds nearly 300 patents to IonQ's portfolio, solidifying its position in quantum technologies with over 900 patents.
- IonQ's strategic expansion aims to advance the development of the Quantum Internet and bolster industry applications globally.
IonQ (IONQ), a prominent leader in quantum computing and networking, has officially completed the acquisition of a controlling stake in ID Quantique (IDQ), a global leader in quantum-safe networking and quantum detection systems. This move marks a critical step in IonQ's strategic expansion to cement its position as a powerhouse in quantum networking and secure communications.
The acquisition brings significant assets to IonQ's portfolio, including IDQ’s advanced quantum key distribution (QKD) systems, quantum random number generators (QRNGs), and single-photon detectors. With the inclusion of nearly 300 granted and pending patents from IDQ, IonQ's total patent holdings now exceed 900, underscoring its leadership in quantum technologies.
Jordan Shapiro, President and General Manager of Quantum Networking at IonQ, highlighted the enhanced capabilities resulting from the acquisition. “By combining IonQ’s high-performance quantum computing and networking capabilities with IDQ’s expertise in quantum-safe communications, we are well-positioned to deliver comprehensive quantum solutions," Shapiro stated.
IDQ's technology is globally recognized, having been deployed in quantum-safe networks for national projects in Singapore and South Korea, as well as international initiatives within the European Union. The acquisition is expected to advance IonQ’s efforts in building the Quantum Internet and supporting critical infrastructure sectors.
This acquisition builds upon IonQ's momentum in the quantum networking industry, following its acquisition of Qubitekk and a $22 million contract with EPB to establish the first quantum computing and networking hub in Chattanooga, Tennessee.
