Updated
Updated · The Motley Fool · Apr 30
IonQ wins DARPA contract for military quantum computing development
Updated
Updated · The Motley Fool · Apr 30

IonQ wins DARPA contract for military quantum computing development

15 articles · Updated · The Motley Fool · Apr 30
  • IonQ said it was selected alongside several other companies, adding a defence-focused opportunity to fourth-quarter revenue of $61.9m, up 429% year on year.
  • The company forecasts 2026 revenue of $235m, versus $130m in 2025, as it pushes trapped-ion systems it says deliver industry-leading accuracy.
  • The award could accelerate military deployment of IonQ's technology and strengthen its position in a quantum computing market investors increasingly view as nearing broader commercial use.
Amidst major breakthroughs and fraud allegations, is IonQ the future of computing or a high-tech house of cards?
IonQ just linked two quantum computers, but how far are we from this tech providing a real military advantage?